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Dear Members, Partners and Friends,

As 2019 draws to an end, EuroCham remains as active as ever to serve your interest!

Last month, during our annual Tax Forum, we raised the issue of punitive audits for those who have taken the step towards compliance in good faith. In addition, we have continued to meet with leaders of the Royal Government to discuss our latest White Book recommendations, and as part of our mandate within the National Commercial Arbitration Center Board, we have been promoting alternative dispute resolutions mechanisms in the Kingdom.

We are also making our own contribution to the capacity building of the private sector through the series of training courses we are hosting, with at least two sessions per months now – and more to come!

In December, we will release the results of our Business Confidence Survey and have invited the Minster attached to the Prime Minister and Secretary General of the Council for the Development of Cambodia to comment and share his views on the challenges and opportunities in the Kingdom’s current business climate.

All these actions are only possible because of your trust and support, for which we are deeply grateful.

While we will continue to meet in December, I take this opportunity to wish a Merry Christmas and a Happy New Year to those who will celebrate.
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  In this Newsletter we will cover: 
  • EuroCham News
  • Upcoming Events
  • Members Corner
  • Newest EuroCham Members
  • Press Review
  • Keep up with EuroCham
  • Recent Regulation Changes
  • Job Posting
  • Annual Gold Partners
 
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Tax Forum 2019
Tax Forum 2019
On 21 November 2019, at The Great Duke Hotel Phnom Penh, EuroCham hosted thenew edition of its Tax Forum. The largest event of the year, this 4th edition gathered once again more than 500 participants!

On this occasion, leading tax professionals and high-level officials from the General Department of Taxation (GDT) discussed recent changes in Cambodia’s Tax Regulations as well as practices and challenges related to tax compliance, especially how to address the gap between compliant and non compliant businesses. The forum was once again presided over by H.E Mr. Kong Vibol, Delegate of the Royal Government in charge as Director-General of the General Department of Taxation.

As usual, each panel was followed by a Q&A session allowing the audience to directly engage with all speakers. VIEW PHOTOS!
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Workshop on Deal Making and Dispute Resolution in Commercial Transactions
Workshop on Deal Making and Dispute Resolution in Commercial Transactions
On 18 November at Sofitel Phnom Penh Phokeethra, EuroCham, in collaboration with the National Commercial Arbitration Centre of Cambodia and the Hong Kong International Arbitration Centre, hosted a workshop ondeal making and dispute resolution in commercial transactions.

This workshop featured panel discussions with national and international experts about deal making with foreign partners, common challenges in M&A deals and dispute resolutions for cross-border transactions. Each session was followed by Q&A with the audience.

We would like to thank all attendees, speakers and sponsors as well as our partners NCAC and HKIAC for their participation and support. VIEW PHOTOS!
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Meeting with H.E. Mr. Hong Narith, Under Secretary of State at the Ministry of Agriculture, Forestry and Fisheries
Meeting with H.E. Mr. Hong Narith, Under Secretary of State at the Ministry of Agriculture, Forestry and Fisheries
Following a very productive meeting in October with His Excellency Mr. Veng Sakhon, Minister of Agriculture, Forestry and Fisheries to introduce the EuroCham White Book 2019, the EuroCham Team together with the Agri-Biz committee representatives met His Excellency Mr. Hong Narith, Under Secretary of State at the Ministry of Agriculture, Forestry and Fisheries to further discuss technical points in detail, on 6 November. During this extensive meeting, EuroCham and the Ministry were able to achieve more progress and dialogue through in-depth review of several White Book recommendations for agribusiness.
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Meeting with His Excellency Dr. Pen Sophal, Secretary of State at the Ministry of Land Management, Urban Planning and Construction
Meeting with His Excellency Dr. Pen Sophal, Secretary of State at the Ministry of Land Management, Urban Planning and Construction
On Thursday 7 November 2019, EuroCham received a constructive response to the White Book 2019. EuroCham and its Real Estate and Construction Committee representatives had the privilege to meet His Excellency Dr. Pen Sophal, Secretary of State at the Ministry of Land Management, Urban Planning and Construction to start the dialogue on Real Estate and Construction recommendations. His Excellency Dr. Sophal also mentioned the current and future regulation updates of the Royal Government especially the Law on Construction which has recently been adopted and come into force.
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Real Estate and Construction Committee AGM
Real Estate and Construction Committee AGM
On Friday 1 November 2019, the EuroCham Real Estate and Construction Committee held their Annual General meeting (AGM). EuroCham is pleased to announce that Mr. Michel Cassagnes (Archetype) was re-elected as Chairman, Mr. Simon Vancliff (WorldBridge) was re-elected as Vice-Chairman for Real Estate and Mr. Charles Amar (DFDL) was re-elected as Vice-Chairman for Construction. EuroCham would like to congratulate and express our high appreciation towards their contribution to the committee.
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Healthcare Committee AGM
Healthcare Committee AGM
We are glad to inform you that the EuroCham Healthcare Committee held their Annual General meeting on 22 November 2019. Following another active year, Mr. Jean-Gaetan Guillemaud (Zuellig Pharma) was unanimously re-elected as Chairman, and Ms. Tess Richard (DKSH) was unanimously elected as Vice-Chairwoman succeeding to Mr. Thomas Thiebault (DKSH) and Ms. Cecile Ga (Servier) who were respectively Vice-Chairman and Vice-Chairwoman. We would like to thank Mr. Thiebault and Ms. Ga for their active support over the past very dynamic mandate.
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Career talk at RULE
Career talk at RULE
On 29 November, our members, Khmer Green Charcoal, Coca Cola and Decathlon, joined a Career talk organised by the EuroCham HR Committee and Agence universitaire de la Francophonie (AUF) at the Royal University of Law and Economics.

This was the second edition of our student and industry meet-up at RULE, which successfully gathered 62 final year Bachelor students in Economics and Management including students from the French cooperation department with Lyon 2 University in France.

Our expert speakers shared their work experience, current trends and professional opportunities within the sector, while students were able to interact directly through a Q&A and 1-to-1 discussions.

Many thanks to our partner AUF for co-organising the event, our sponsor Coca-Cola, the participating Members, and the Royal University of Law and Economics for hosting the event.

Are you interested in joining EuroCham’s future career talks? Please contact Ms Lyze Ikopo Bentoto - project.manager@eurocham-cambodia.org
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2nd Logistics and Supply Chain Management Training Course
2nd Logistics and Supply Chain Management Training Course
On the 23 and 24 November 2019, EuroCham Cambodia hosted its second 2-day Training Course on "Logistics and Supply Chain Management" at the Factory Phnom Penh. In this interactive course, our expert trainer, Dr. Thomas Fernandez, taught participants the various concepts of supply chain management, and how to develop supply chain strategies for their companies. We would like to thank all participants who took part and wish them the best in their future careers. VIEW PHOTOS!
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Training Course on Email & Business Correspondence
Training Course on Email & Business Correspondence
EuroCham Cambodia organized a 2-Day Training Course on "Email & Business Correspondence", on 27 and 28 November at the FACTORY Phnom Penh.

During this course, our trainer Ms. Virginia Hak trained participants on how to write concise emails that showcase their profile and skills. The session also focused on how to clearly convey one's main content to the email recipient and how to adapt communication styles based on different situations, whether communicating verbally or through writing. VIEW PHOTOS!
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Business Confidence Survey Results: Luncheon with H. E. SOK Chenda Sophea
Business Confidence Survey Results: Luncheon with H. E. SOK Chenda Sophea
More respondents than any previous year answered our Business Confidence Survey in 2019. As we are grateful for your participation, we are now glad to inform you that the Survey’s results will be announced during a special luncheon on 18 December at Sofitel Phnom Penh Phokeethra.

On this special occasion, our event will be presided over by His Excellency Mr. SOK Chenda Sophea, Minister Attached to the Prime Minister and Secretary General of the Council for the Development of Cambodia who will comment on the Survey’s result and update us on the latest initiatives taken by the Royal Government to attract and satisfy investors.

Join us to discover the results of our latest Business Confidence Survey and get access to the data and trends that reflect the perception of EuroCham members, as well as the opportunities and challenges that they see in the Cambodian market. Register Today!
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Breakfast Talk on Employer Perception of Human Resources Practices
Breakfast Talk on Employer Perception of Human Resources Practices
Next Thursday, on 12 December at Topaz Restaurant, EuroCham will host a new breakfast talk to provide you with expert tips and advice to help you expand your skillset and become a highly effective and successful leader in Human Resources (HR).

In the 21st century, financial profitability is not the only goal for the company anymore. Nowadays, the company must balance between three bottom lines, which are people, planet, and profit. More importantly, as employees are the most valuable resource determining the organization's success or failure, businesses must therefore create a supportive working environment that helps human resources reach their performance potential.

This event will raise awareness about the responsibilities HR Professionals have in initiating positive change and how to evolve to become strategic assets for their organization so as to influence business strategy and direction. Register Today!
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Microsoft Excel Masterclass
Microsoft Excel Masterclass
To help you understand the full potential of what EXCEL can do, EuroCham Cambodia is hosting again the 2-Day Training Course on "Advanced Microsoft EXCEL". This time we will be offering the course on two occasions: 1) 5 & 12 December 2019 and 2) 13 & 20 December 2019.

Most organizations today useMicrosoft EXCELas an integral part of their daily work, but few use the product to its full potential. EXCEL today has come a long way from what it was 20 years ago, and there are several new functions to it, like the simple-yet-powerful Flash Fillwhich uses Artificial Intelligence (AI), making users faster and smarter in completing tasks. Even for regular excel users, most are unaware of these game-changing features.

This Training Course is highly rated, has limited seating and is based on a first-come-first-serve basis. Advance payment is recommended to book your spot. This course will be conducted in English. Register Today!
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Agro-Business Forum 2019
Agro-Business Forum 2019
On 12 December, EuroCham Myanmar, in collaboration with the International Labour Organization (ILO) and the Organisation for Economic Co-operation and Development (OECD), is hosting Agrobusiness Forum 2019, focused on promoting good agricultural practices and responsible supply chain management among agrobusinesses operating in Myanmar.

The objective of the Forum is to provide a platform for agrobusiness representatives and Myanmar policymakers to openly discuss challenges and opportunities in implementing good agricultural practices and due diligence in supply chains, including practices related to trade and finance, labour rights and decent work, land issues, technologies and food safety, in Myanmar’s agricultural sector. Initiatives and concrete action items will be discussed to support collaboration and knowledge sharing mechanisms. REGISTER TODAY!
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EBA


Growth & Business


Agriculture


Banking & Finance


Energy


Green Business


ICT


Manufacturing


Real Estate & Construction


Tourism


Transportation & Infrastructure

 
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  • 01 Nov - EuroCham participates in the board meeting of the National Commercial Arbitration Centre (NCAC)
  • 01 Nov - Real Estate and Construction Committee Annual General Meeting
  • 02 Nov - EuroCham joins the Launching Ceremony of Phnom Penh S’aat
  • 04 Nov - EuroCham meets the German Ambassador to Cambodia and the Delegation of German Industry and Commerce in Myanmar 
  • 04 Nov - Cocktail Reception by EuroCham and ADW
  • 06 Nov - EuroCham and its Agri-Biz Committee representatives meet H.E. Hong Narith, Under Secretary of State at the Ministry of Agriculture, Forestry and Fisheries to follow up on White Book responses
  • 07 Nov - EuroCham and its Real Estate and Construction representatives meet His Excellency Mr. Pen Sophal, Secretary of State of the Ministry of Land Management, Urban Planning and Construction
  • 07 Nov - EuroCham meets UNICEF
  • 15 Nov - The Chairman of EuroCham Human Resources Committee joins the Consultation Workshop on Pension Fund at CAMFEBA
  • 15 Nov - EuroCham welcomes the NCAC team
  • 18 Nov - Workshop on Deal Making and Dispute Resolution in Commercial Transactions
  • 19 Nov - EuroCham joins the World Bank Forum on Job Skills
  • 19 Nov - EuroCham joins the Conference on Fighting Against Mosquitoes by the Pasteur Institute in Cambodia  
  • 21 Nov - Tax Forum 2019 in Phnom Penh 
  • 22 Nov - Healthcare Committee Annual General Meeting 
  • 26 Nov - EuroCham joins the American Chamber of Commerce Annual General Meeting 
  • 27 Nov - EuroCham joins the Cambodia Urban Forum 
  • 27 Nov - EuroCham joins the World Bank Economic Outlook 
  • 27 Nov - EuroCham joins the B2B event on Agri-Food SME sector
  • 28 Nov - Transportation and Logistics Committee meeting
 
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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.

 
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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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