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Dear Members, Friends and Partners,

Following a promising first half of the year, business sentiment in the Kingdom has suddenly declined over the recent announcement of a possible revision of the EBA trade preferences and the adoption of the Ministry of Labor and Vocational Training’s decision on Seniority.

EuroCham has not stayed idle in the wake of these new challenges. A few weeks ago, our Chairman Arnaud Darc travelled to Brussels to convey our members’ worries to the highest level of the European Commission. In Phnom Penh, we have joined hands with the Cambodia Chamber of Commerce in mobilizing more than 20 business associations to collectively express our concerns regarding the most damaging aspects of the Prakas on Seniority Indemnity.

Overall, however, we remain upbeat about Cambodia’s booming economy and while we continue to engage with the authorities – see our Tax Forum and our forthcoming luncheon with the Director General of Customs and Excise – we also work on expanding our network, as will be the case with the launch of our new Benelux Chapter.

Stay tuned, we are working on your behalf!
EuroCham protesting EBA threat
On 17 October 2018, EuroCham Chairman joined an EU-ABC  mission to Brussels to meet with EU Trade Commissioner Cecilia Malmström and convey the grave concerns of the European business community with regard to the possible revision of the EBA trade preferences granted to Cambodia by the European Union. Over the past months, EuroCham has actively advocated against the possibility of suspending EBA, arguing that the consequences would be damaging to the Cambodian economy and society as well as to the businesses. EuroCham continues to monitor closely all development related to EBA and strongly advocate any possibility of suspending it. Read more
 
Meeting on the "Prakas on the Payment of Seniority Indemnity"
On 30 October 2018, EuroCham Chairman and 20 other Heads of Business Associations attended the meeting on the "Prakas on Payment of Seniority Indemnity" at the Cambodia Chamber of Commerce. The meeting agreed for all associations to join hands in raising our common concern about the retroactive application of the Prakas. EuroCham has played a central role in mobilizing the Cambodia Chamber of Commerce and all business associations in providing a single voice response to this very important issue impacting the entire private sector, and we will continue to follow up accordingly. Read more
 
Real Estate & Construction Committee Election
We are glad to announce that the Real Estate & Construction Committee elected their new Chairperson and Vice Chairpersons after the Annual General Meeting on 24 October 2018. Following another active year, Mr. Michel Cassagnes was re-elected as the Chairman while Mr. Simon Vancliff was re-elected as Vice-chairman in charge of Real Estate and Mr. Christophe Forsinetti re-elected as Vice-Chairman in charge of Coastal Development. Read more
 
Tax Forum 2018
On 25 October 2018, EuroCham hosted its Tax Forum at The Great Duke Phnom Penh. With opening remarks from H.E Mr. Kong Vibol, delegate of the Royal Government in charge as Director-General this event was the most popular Forum of the year with 500 participants! We would like to thank all attendees, speakers and our main sponsors CamEd and DFDL for their participation and for supporting EuroCham events. View Photos
Tax Forum Gold Sponsor
Breakfast Talk on How to Create an Effective Business Strategy
On 18 October 2018, EuroCham hosted a breakfast on how to Create an Effective Business Strategy at Comme à la Maison, with speaker Laurent Notin, an accomplished specialist with over 20 years of experience in management positions throughout South-East Asia. The speaker shared techniques and methods to implement a successful business strategy and engaged in dynamic Q&A sessions with the participants.  View photos
 
Special Networking Night with ICBA at Segafredo
On 4 October 2018, EuroCham and its Italian Chapter hosted a Special Italian Networking Night at Segafredo coffee and restaurant with pleasant Italian delicacies and refreshing drinks. On this occasion, participants had a chance to enjoy special performances and win special prizes as well. This networking event was sponsored by PIAGGIO Commercial VehiclesView photos
 
Workshops on Public Private Partnerships in the Healthcare and Tourism Sector
On 28 September 2018 and 1 October 2018, EuroCham organized two workshops on Public Private Partnerships in the Healthcare and Tourism Sector at Raffles Hotel Le Royal, funded by GIZ. These half-day workshops aimed at identifying challenges and opportunities to promoting more Public Private Partnership in the Healthcare and Tourism sectorsView photos
Members Corner
Newest EuroCham Members
Upcoming Events
Luncheon with H.E Dr. Kun Nhem, Director General of Customs and Excise
On the 20th of November, EuroCham is hosting a high profile luncheon event with His Excellency Dr. Kun Nhem, Director General of Customs and Excise. This is a rare opportunity to gain first hand knowledge and insights into the current and forthcoming policies regarding Cambodia's Customs and Excise, while learning about the Director General's policy agenda and vision. You will given the opportunity to directly address the Director General on his policy agenda during an extensive Q&A session. This is sure to be a well-attended event, so book your seat today!
Press Review
EBA
Agriculture
Banking & Finance
Education
Green Business
Growth & Business
Tax
Tourism
Transportation & Infrastructure

Keep Up With EuroCham
  • October 01 - EuroCham GIZ workshop on Public Private Partnership potential on Tourism
  • October 02EuroCham joins the SME cluster workshop
  • October 04 - EuroCham ICBA networking event
  • October 04 - EuroCham joins a press conference with the EU ambassador on Economic Diplomacy
  • October 04 - Advisor of the Federation of associations of Small and Medium Enterprises in Cambodia (FACMEC) visits EuroCham
  • October 05 - Economic Counselors meeting at the EU delegations
  • October 12EuroCham welcomes Advantages Austria
  • October 16 - Tax Committee meeting
  • October 16 - EuroCham joins US Ambassador Farewell hosted by AusCham
  • October 17 - ICT committee meeting
  • October 18 - Breakfast Talk on Creating an effective business strategy
  • October 19Healthcare Committee Whitebook consultation meeting
  • October 19Real Estate and Construction Committee Chairs meet with the Ministry of Land Management, Urban planning and Construction
  • October 19 - Tax Forum- Panelist meets the General Department of Taxation
  • October 19 - EuroCham and its Healthcare Committee Chairman meets the Department of Drug and Food of the Ministry of Health
  • October 19 - Transport and Logistic Committee WhiteBook consultation meeting
  • October 22 - Executive Committee of Green Biz Committee and Real Estate and Construction Committee joins an event of the Ministry of Environment
  • October 22 - EuroCham discusses on Seniority Prakas in Academy of Culinary Arts Cambodia
  • October 24Real Estate and Construction’s Annual General Meeting
  • October 24 - EuroCham welcomes Germany Trade & Invest Representatives
  • October 24Tax Forum Panelist meets the General Department of Taxation
  • October 24EuroCham joins the round table meeting on Economic Challenges
  • October 25 - Healthcare Committee meets the new potential members
  • October 25EuroCham Phnom Penh Tax Forum 2018
  • October 26 Regional strategic advisor for Southeast Asia at the Embassy of the Kingdom of Netherlands in Singapore visits EuroCham
  • October 30 - EU Ambassadors host a breakfast with EuroCham Board and the EU Member States.
  • October 30 - The General Department of Taxation Private Sector Partnership Mechanism meeting
  • October 30 - Seniority Prakas meeting of the Cambodia Chamber of Commerces
Recent Regulation Changes
EuroCham maintains a running list of new laws and changes to regulation that affect the business community. Below are the most recent. View all previous regulation updates here
 
Job Postings
EuroCham members can post jobs on our Job Board and in the newsletter. Log into your EuroCham account and post today!
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