Logo of Phnom Penh Post newspaper Phnom Penh Post - Commerce ministry urges businesses to register

Commerce ministry urges businesses to register

Content image - Phnom Penh Post
A customer looks for product on an online shopping website. Hong Menea

Commerce ministry urges businesses to register

A senior official at The Ministry of Commerce requested all vendors and traders register their businesses in order to receive their legal company identity and protect their business.

The request was made by Pen Sovicheat, undersecretary of state at the ministry, during a workshop on business registration and law on commercial enterprise organised by the Trade Training and Research Institute, an institution under the commerce ministry.

He said by getting their business registered, they could also boost exports of local products to international markets through existing free trade agreements.

He said the government, with the commerce ministry as its administrator, had negotiated hard to open new markets through the establishment of The Regional Comprehensive Economic Partnership (RCEP), the Cambodia-China Free Trade Agreement (CCFTA), and the Cambodia-Korea Free Trade Agreement (CKFTA); all of which were designed to boost exports.

The government had also made new laws – and amended current laws – to bring them into line with the regulations surrounding membership of the RCEP, he said.

“The Ministry of Commerce has reformed business registration, requests for certificates confirming the origin of products, and trademarks, by creating an automatic system. We urge all small and medium enterprises to register their businesses to get their identity, legality, and to protect their business interests,” he said.

He added that the law on commercial enterprise is one of the three most important laws in commerce, and was passed by the National Assembly on December 29 last year. All of these laws were made to ensure transparency and consistency in Cambodia’s legal framework. These laws also promote the business environment in Cambodia to contribute to the Kingdom’s post-Covid socio-economic recovery.


  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Famed US collector family return artefacts to Cambodia

    In the latest repatriation of ancient artefacts from the US, a total of 33 pieces of Khmer cultural heritage will soon return home, according to the Ministry of Culture and Fine Arts. In a September 12 press statement, it said the US Attorney’s Office for the

  • Tina rebuffs ‘false claims’ over falling paddy price

    Agriculture minister Dith Tina has shed light on the trade of paddy rice in Battambang – Cambodia’s leading rice-producing province – in a bid to curb what he dubs a “social media fact distortion campaign” to destabilise the market. While acknowledging that the prices of paddy

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • Kampot curfew imposed to curb ‘gang’ violence

    Kampot provincial police have announced measures to contain a recent spike in antisocial behaviour by “unruly’ youth. Officials say the province has been plagued by recent violence among so-called “gang members”, who often fight with weapons such as knives and machetes. Several social observers have

  • PM outlines plans to discuss trade, policy during US visit

    Prime Minister Hun Manet is set to meet with senior US officials and business leaders during his upcoming visit to the US for the UN General Assembly (UNGA), scheduled for September 20. While addressing nearly 20,000 workers in Kampong Speu province, Manet said he aims to affirm