Dear Members, Partners, and Friends of EuroCham,
The main goal of EuroCham is to help European companies break into the Cambodian market. One of the key factors to attracting European business is ensuring a level playing field and we have ongoing conversations with the Royal Government of Cambodia to help facilitate this and other matters.
Over the past 15 days, we’ve met with several ministries to discuss issues brought to us by our members. Through our HealthCare, AgriBiz, Automotive and Transports & Logistics Committees we were able to meet high-level representatives from the Ministry of Health; the Ministry of Agriculture, Forestry and Fisheries; the General Department of Customs and Excises; and the Ministry of Industry, Science, Technology and Innovation. We found common ground at these meetings with both sides expressing a desire to continue to work together. EuroCham stands ready to provide services, advice, and information that will help improve the business environment in the Kingdom.
With its strong 12 sectoral committees, EuroCham Cambodia is a leader in Public-Private Dialogue, and as we plan more high-level meetings throughout the year, we’re also eager to share with our Government counterparts the 2023 editions of the White Book, which will feature key recommendations from our committees.
Thank you for supporting us in our efforts and we look forward to sharing more advocacy updates with you soon.
Joachim Dautais |
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INTERVIEW Cécile Dahome, Founder and CEO of Sevea Consulting |
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This week, we spoke with Cécile Dahome, the founder and CEO of Sevea Consulting. After a successful first edition, Ms. Dahome is working on the second iteration of the Cambodia Energy Efficiency Competition, a countrywide initiative to help conserve energy by having companies compete with each other. |
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"After all these years, I'm glad, as a “woman & mom-preneur” to be here as it has enabled me to develop Sevea, the lead consulting company working in sustainability in Cambodia." |
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With Europe Week approaching in May and a Central & Eastern European Business Association Cambodia (CEEBAC) in the works for EuroCham, we'll start introducing the 27 nations that make up the European Union. Next, is Poland located in the Central Europe border by Germany, the Czech Republic, Slovakia, Ukraine, Belarus, Lithuania and Russia. At a glance: - Population: 37.75 million
- Capital: Warsaw
- Visitors per year: 14.7 million
- Top export to Poland: Knit clothing
- Top import from Poland: Raw fur skins
Fast fact: Poland has one of the most diversified landscapes in all of Europe with almost 800km of sandy coastline, sand dunes in the Pomerania region, wetlands in Biebrzański National Park, and even the only Central-European desert, Pustynia Błędowska. |
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Cambodia produces 4 million tons of garbage annually, according to Neth Pheaktra, Secretary of State and Spokesman for the Ministry of the Environment. He said that organic garbage made up more than 60% of the waste produced in Cambodia, followed by plastic waste at 30% and solid and general waste at the remaining 40%.
Heng Nareth, the Undersecretary of State for the Ministry of the Environment, predicted that in ten years, Cambodia will produce nine million tons of garbage annually. As a result, the country is developing a strategy to manage waste more effectively through various measures like recycling strategies and energy extraction. |
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Breakfast Talk on Sustainable Waste Management |
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EuroCham hosted the breakfast Talk from Waste to Growth: Sustainable Waste Management in Cambodia on Wednesday 29th March with experts coming together to discuss the waste problem in Cambodia, including solid waste management, industrial waste management, garment waste, municipal waste management and Extended Producer Responsibility (EPR). |
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EU-ASEAN Business Council meets with ASEAN Finance Ministers and Central Bank Governors in Indonesia |
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EuroCham Chairman and Vice-Chair of the EU-ASEAN Business Council Tassilo Brinzer met with ASEAN Finance Ministers and Central Bank Governors in Indonesia this week in Bali, where stakeholders discussed sustainable finance goals, digitalization, improving the EV ecosystem in Southeast Asia, and sustainable healthcare financing, among other topics. |
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CWEA hosts Women Entrepreneurs Products Expo at Olympia City |
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EuroCham participated in the inauguration of the Women Entrepreneurs Products Expo at Olympia City this week. The expo aimed to empower and support women in business, by showcasing women-led businesses and helping them gain access to global markets. The CWEA hosted its Expo from 27 to 31 March, concluding with its Annual General Meeting.
EuroCham understands the importance of boosting women in entrepreneurship as they make up more than 60% of business ownership in the country, thereby being in the forefront of the country's productivity and economic growth. |
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New UK Developing Countries Trading Scheme Launched in Cambodia |
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On 28 March, the United Kingdom implemented its Developing Countries Trading Scheme in the Kingdom, which will aim to increase Cambodia’s access to the UK market. The trading scheme is expected to improve trade between the two countries by offering tariff and quota-free exports on almost all goods and more liberal Rules of Origin requirements. The scheme was launched at an exclusive event in Phnom Penh attended by British Ambassador to Cambodia Dominic Williams and top private and public sector representatives, including BritCham Executive Director Jane Wilding and BritCham Chairman Martin McCarthy.
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Advantage Austria visits Cambodia |
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A trade delegation from Austria led by Stefan Psota, the Austrian Commercial Attaché for Thailand, Cambodia, Laos & Myanmar, visited Cambodia this week to meet with key stakeholders and establish a firmer trade link between Austria and Cambodia. EuroCham representatives met with members of the delegation at a networking even on 28 March held atMonsieur Wine and Beyond. We look forward to working with our Austrian counterparts on the upcoming launch of the Central & Eastern European Business Association later this year! And thank you to EuroCham member Monsiuer Wine & Beyond for a great networking night. |
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Weekly Advocacy Highlights |
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Monday, 27 March: Courtesy meeting between the AgriBiz Committee and the Ministry of Agriculture, Forestry and Fisheries. Minister, H.E. Dith Tina welcomed the opportunity to work with the AgriBiz Committee to enhance sustainable agriculture in the Kingdom. Read more here.
Tuesday, 28 March: The Automotive Committee and the Transports & Logistics Committee had a courtesy meeting at the General Department of Customs and Excise (GDCE). GDCE Director General H.E. Dr Kun Nhem said he is looking forward to recommendations from the 2023 edition of the White Book, notably on how to improve customs procedures. Read more here.
Thursday, March 30: Courtesy meeting between the Automotive Committee and the Ministry of Industry Science, Technology and Innovation (MISTI) during which His Excellency Kitti Settha Pandita Cham Prasidh, Senior Minister at MISTI, welcomed the idea to amend Prakas 150/66 (application of UNECE Standards) to include all types of cars, used and new. Read more here.
Friday, March 31: The Committee Leadership of the Human Resources Committee met to discuss the recommendation for the 2023 Edition of the White Book in line with the outcomes of the HR Forum. Among the topics discussed were: recognition of alternative forms of work-based Learning, deducting training expenses for apprenticeships, clarifications of leave, and more. |
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Welcome New Member! LIM, ANN & SAIM
LIM, ANN & SAIM is an independent and full-fledged professional law firm duly registered with the Bar Association of the Kingdom of Cambodia. With its talents and in-depth local knowledge and strong network, LIM, ANN & SAIM can assist clients from various countries seeking opportunities and doing business in Cambodia and helping Cambodian investors expand their business in the region. They have represented clients ranging from private individuals to small and large businesses in various legal transactions.
Welcome, LIM, ANN & SAIM to EuroCham! |
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Welcome New Member! Institute of Banking and Finance (IBF)
The Institute of Banking and Finance (IBF) provides international standard courses and local certifications catering to the professional needs of individuals at all levels in the banking and financial institutions, including commercial and specialized banks, and microfinance institutions. IBF’s mission is to improve corporate governance, elevate local practices towards international best practices, standardize banking practices, and educate the public about sustainable financing, contributing to the development of the whole Cambodian banking system.
Welcome, Institute of Banking and Finance to EuroCham! |
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BRED Bank Cambodia and EuroCham Sign MoU |
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BRED Bank Cambodia and EuroCham signed an MoU on 27 March, further cementing their partnership and agreeing to work on initiatives for 2023 and beyond. The signing ceremony was attended by BRED Bank Cambodia CEO Nicolas Hollanders, EuroCham Chairman Tassilo Brinzer and EuroCham Executive Director Martin Brisson.
Mr. Brinzer said: “BRED, as a truly French and European bank, has been a great and close partner of EuroCham for years. This partnership helps to support our work and the European network, and provides enhanced visibility to BRED.”
Mr. Hollanders added: "We're absolutely delighted to renew our sponsorship with our friends at Eurocham and continue to support the excellent work they're doing in the Kingdom." |
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TRIBE offers 10% Discount to EuroCham Members |
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Exclusive EuroCham Offer!
TRIBE Phnom Penh Post Office Square is offering a 10% discount on accommodation based on their flexible rate to all Eurocham Members who wish to stay at the hotel. This is a limited offer exclusive to EuroCham members from 1st April to 1st June 2023.
Terms and conditions applied.
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Capri by Fraser Offering Steep Food & Drink Discounts |
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Capri by Fraser Phnom Penh is delighted to offer a special deal as it celebrates the opening of its newest location. Enjoy delectable lunch and dinner along with a vivid atmosphere and stunning view of city at Caprilicious and our rooftop bar, Drinx with 30% off on all food menu and a complimentary 1 glass of house wine or signature cocktail on Happy Hour from 6.00 pm to 9.00 pm.
This offer valid from 3-16 April 2023. |
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Transport and Logistic Forum 20th April |
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EuroCham’s Transport and Logistics Committee will host a Transport and Logistics Forum on Thursday, 20 April from 8:30AM to 1:00PM (registration starts at 8am) at Raffles Hotel Le Royal. The event will cover four key areas: - Recent infrastructure upgrades
- The latest road regulations
- Updates on the transport and logistics sector in Cambodia
- Latest customs updates
The event will feature a keynote presentation from the Ministry of Public Work and Transport and a panel discussion on Improving freighting, shipping and stocking in Cambodia. |
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Webinar- Energy Transition in ASEAN: Moving the Needle |
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Sustainability and Garment Expert at EuroCham Cambodia Massmilianao Topreano will be a panelist for the upcoming Energy Transition in ASEAN: Moving the Needle webinar on 5 April from 4pm – 5:15pm (SGT). The webinar is organized by the EU-ASEAN Business Council and will be moderated by EU-ABC Executive Director Chris Humphrey. The webinar will also serve as a launching of the Energy Transition in ASEAN paper published by the EU-ABC. |
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Breakfast Talk on Achieving Energy Efficiency: Best Policies and Practices |
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EuroCham is pleased to announce our Breakfast Talk on Achieving Energy Efficiency: Policies and Practices held on April 6 2023 from 8:00 AM to 11:00 AM at Sofitel Phnom Penh Phokeethra.
The event will feature: - An Introduction to the Cambodia Energy Efficiency Competition (CEE Comp)
- Keynote presentations from the Ministry of Mines and Energy representatives
- Panel discussion one of the most effective and innovative energy efficiency techniques for individuals and businesses
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Call for Participation in Europe Week, 8-14 May |
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If you'd like to be involved with this year's Europe Week festivities, now is the time to start planning! We have a full week of events, deals, and activities scheduled and would love to see you there. Please check the packet below for more details on how you can take advantage of this opportunity to showcase your brand. |
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Food & Drink / Mixed Grilled Meat Platter @The Waterside |
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Enjoy a lavish evening at The Waterside with breathtaking views and delectable cuisine. The Waterside, located at 313 Quayside, is the ideal place to celebrate and dine with your family, friends, and loved ones. The menu at The Waterside is extensive and includes salad and soup, pasta, burgers, sandwiches, side dishes, platters of meat, seafood, and cheese, as well as a variety of drinks to enjoy the evening.
Come enjoy the view of the river! For reservation contact: 070 272 555 |
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Check out other EuroCham Member Restaurants: b. Consulting Hospitality & Hotel Solutions, Cambodian Country Club, Dara Hotels, Hagar Catering & Facilities Management, Himawari Hotel Apartments, Hops Garden, Hotel Cambodiana, Hotel KVL, Hyatt Regency, Il Forno Phnom Penh, Knai Bang Chatt, La Palmeraie d'Angkor, Le Flamboyant Boutique Resort & Spa, Oakwood Premier Phnom Penh, Raffles Hotel Le Royal, Rambutan Hotel and Resorts Cambodia, Rosewood Phnom Penh, Six Senses Krabey Island,Sofitel Phnom Penh Phokeethra, Sun & Moon, Urban Hotel, Thalias Hospitality Group, The Amanjaya Pancam Suites Hotel, The Balé Phnom Penh, TS Concept, TRIBE Phnom Penh Post Office Square |
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