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Dear Members, Partners and Friends of EuroCham Cambodia,

Following our inaugural in-house Open Office Days last October and despite the current preventive measures, we were able to kick-start the Morning Business Talk series with 8 members on 25 November 2020. These new speed networking opportunities offer accelerate business connections and a space to showcase business activities through short presentations shared within our network. We encourage our members – especially SMEs, wishing to expand their connections and who could use support in promoting their business during these challenging times - to participate at our next editions which from January – available online for our members and other business communities.

Following the recent increase of Covid-19 related incidents, including the first cases of community transmissions, our planned Breakfasts Talks on Labour compliance: New Rules and Tools for Labour Inspection and How can European Brands Meet RE100 and other Global Climate Goals in Cambodia and Forums on Tall Buildings and onTax are now postponed to January 2021.

Early in 2021, we assume that hopes of the vaccines will materialize paving the way for a global economy recovery. In this regard, I take this opportunity to draw your attention to our 1st December webinar “On the road to recovery? Cambodia’s Economic Outlook for 2021” by the Asian Development Bank, available on our YouTube channel. The Cambodian ADB team shared very encouraging forecasts for next year. Indeed, in its Development Outlook update published in September, the ADB expects the Cambodian economy to rebound with a 5.9% growth rate and a 1.8% inflation rate in 2021, placing it as the fifth fastest growing Southeast Asian economy. The enhancement of agricultural performance and increased volume of non-garment manufacturing exports are among explanatory factors.

In the meantime, we continue to advocate with our various counterparts for structural reforms to foster the Cambodian economy and maintain its attractiveness for investors. This advocacy work embraces many issues, including the adoption of modern and progressive laws taking fully into consideration challenges such as the climate agenda. As part of the EuroCham and our Green Business Sectorial Committee support to the EU 2030 climate & energy framework, we encourage our members to participate in The Cambodia Energy Efficiency Competition (CEE Comp) which focusses on the measurement of one-year energy efficiency performances of buildings. This project aims to increase awareness and responsibility about energy efficiency, foster collaboration, and creativity, as well as provide resilient solutions to the energy challenge and climate change.

In 2021, we are once more providing a range of opportunities for our members to position their brand at the forefront of Cambodia’s business community and government through our activities, publications, and extensive digital media presence. The 2021 Annual Partnership package does not only provide all-year round 360-degree visibility but brings you also closer to your future institutional and business networks.

Finally, as EuroCham is launching its 2021 Business Confidence Survey, which is one of our most important tools to understand current perceptions of Cambodia's business environment and to shape EuroCham’s dialogue with the Royal Government, I would like to invite you in filling out the online survey. It should take no more than 10 minutes to complete and the results will be 100% anonymous. Responses from each business are welcomed and encouraged. The results of this fourth edition of this landmark survey will be made available to members and the public.

Best Regards,
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  In this Newsletter we will cover: 
  • Upcoming Events
  • EuroCham News
  • National Chapters News
  • Members Corner
  • Newest EuroCham Members
  • Press Review
  • Keep up with EuroCham
  • Recent Regulation Changes
  • Job Posting
  • Annual Gold Partners
 
EuroCham Request Members to Fill out The Business Confidence Survey
EuroCham Request Members to Fill out The Business Confidence Survey
EuroCham is currently in the process of working on our 2021 Business Confidence Survey and we would like to ask our members for their support in filling out the survey. The Survey results will be reported on a 100% anonymous basis, and we invite you to kindly participate in this survey. The survey should take no more than 10 minutes to complete. Responses from each business are welcomed and encouraged. The results of the Survey will be made available to members and the public.

If you have not received an email to fill in the survey please contact our team here.

Find the results of the previous survey here.
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Important Updates from the Royal Government
Important Updates from the Royal Government
In response to the COVID-19 pandemic, the Royal Government has amended the conditions for entry into Cambodia and the applicable quarantine measures as from 18 November 2020 onwards.

At the end of November, Cambodia announced its first community outbreak of COVID-19 in Phnom Penh. Immediately after, the Royal Government temporarily suspended private schools for two weeks as of 29 November onwards. Furthermore, all cinemas, museums, and theatres across the country, and all big gatherings in Phnom Penh and Siem Reap of more than 20 people have been suspended for two weeks starting from 30 November.

Please note that the information above is a short summary. Please refer to the official announcements by the relevant authorities.
Official Announcements
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POSTPONED – EuroCham Upcoming Events
POSTPONED – EuroCham Upcoming Events
Due to the recent community spread of Covid-19 and the announcement from Royal Government which prohibits the gathering of 20 people onward, EuroCham Cambodia would like to postpone our upcoming events listed below to the later date:

  1. Powerpoint & Public Speaking Masterclass
  2. Breakfast Talk on Labour Compliance: New Rules and Tools for Labour Inspection
  3. Breakfast Talk on Renewable Energy Target (RE100)

For those who have already registered for our event, we will contact you again soon when the new date is finalized.
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Tall Buildings Forum
Tall Buildings Forum
On 14 January 2021, EuroCham, in collaboration with the Council on Tall Buildings and Urban Habitat (CTBUH), is hosting the second edition of Tall Buildings Forum at Sofitel Phnom Penh Phokeethra, bringing together the Kingdom’s most experienced professionals in the construction sector to discuss the challenges and opportunities of constructing tall buildings in Cambodia.

The event will include panel discussions by leading professionals on topics such as:
  • Overview of the Tall Buildings Market in Cambodia and Legal Updates
  • Tall Buildings Construction Technologies, Technical Components and New Solutions
  • Tall Buildings, Sustainability and Resilient Cities
  • Property Management and Safety Aspects of Tall Buildings
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Workshop on Stakeholder Dialogue on Consumer Protection
Workshop on Stakeholder Dialogue on Consumer Protection
On 27 November 2020 at Raffles Hotel Le Royal, EuroCham Cambodia co-organised a workshop on "Stakeholder Dialogue on Consumer Protection: Towards Collective Consumer Action in Cambodia". The event was organised in partnership with the Consumer Protection, Competition and Fraud Repression Directorate General (CCF) of the Ministry of Commerce, and GIZ.
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Morning Business Talk with EuroCham
Morning Business Talk with EuroCham
On 25 November 2020, EuroCham Cambodia successfully conducted Morning Business Talk which is a newly launched Speed Networking Series, with members from eight different companies to discuss the business activities, Covid-19 impact and their on-going operation despite the pandemic. The event ended with interactive small B2B meeting which members further expanded their network and discussed business opportunities with their preferred companies.
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Official Launch Of E-Commerce Strategy
Official Launch Of E-Commerce Strategy
On 25 November 2020, the Cambodian Ministry of Commerce officially launched the national E-Commerce Strategy as a guiding map for the development of Cambodian the e-commerce sector, which is considered an important potential source of future growth for Cambodia.

The event followed last year’s promulgation of the Law on E-commerce, to be complemented by, amongst others, the upcoming draft Competition Law, the draft Cybercrime Law (both currently under review) and the law on Digital Identification (framework and associated laws are currently being drafted).
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Meeting of the CARES Program's Private Sector Sub-Committee
Meeting of the CARES Program's Private Sector Sub-Committee
On 25 November 2020, EuroCham attended the first meeting of the CARES program's Private Sector Sub-Committee which was held at the Ministry of Economy and Finance. The Asian Development Bank will provide a loan of USD250M to address critical health risks and manage the impacts of COVID-19 through the implementation of measures to support the economic recovery.
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Trade and Investment Sub-group Pre-Meeting
Trade and Investment Sub-group Pre-Meeting
On 23 November 2020, EuroCham was invited to the Ministry of Commerce to join a meeting headed by His Excellency Mr SOK Sopheak, Secretary of State, in preparation of the meeting of the Subgroup on Trade and Investment Sub-group taking place later this week in the framework of the 11th EU-Cambodia Joint Committee. The meeting was intended to gather insights from the European private sector in Cambodia.
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Consultative Meeting at The Council for The Development of Cambodia Regarding The Forthcoming Law on Investment
Consultative Meeting at The Council for The Development of Cambodia Regarding The Forthcoming Law on Investment
On 6 November 2020, EuroCham representatives participated in a consultative meeting convened by the Council for the Development of Cambodia regarding the forthcoming Law on Investment. The purpose of this meeting was to discuss further the recommendations and comments made by the private sector on the draft Law on Investment with representatives of all relevant ministries.
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Meeting with H.E. Mr KONG Vibol, Delegate of the Royal Government in charge as Director-General of the General Department of Taxation
Meeting with H.E. Mr KONG Vibol, Delegate of the Royal Government in charge as Director-General of the General Department of Taxation
On 4 November 2020, EuroCham met H.E. Mr KONG Vibol, Delegate of the Royal Government in charge as Director-General of the General Department of Taxation, to introduce the new Chairman of EuroCham’s Board of Directors and to discuss the forthcoming EuroCham Tax Forum in Phnom Penh.
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New Website to Promote Cambodia: investincambodia-eu.org
New Website to Promote Cambodia: investincambodia-eu.org
EuroCham is proud to announce the launch of a new website designed to promote Cambodia as a destination for investments: investincambodia-eu.org.

A gateway for corporations and entrepreneurs seeking to expand into the Kingdom, this brand-new website offers practical and relevant information on the current business environment: macro-economic data; sectoral factsheets; a press review; business registration process; webinars on various sectors of opportunities; and more…!

Please take a look at the site and learn more about investment opportunities in Cambodia.
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EuroCham Membership Certificates are Ready
EuroCham Membership Certificates are Ready
EuroCham is pleased to inform all Members who have already paid their 2020 Membership that your Membership Certificates are now ready and currently being distributed. You are welcome to drop by at our office for your certificate at any working hours once you receive the confirmation email from our team.

For more information regarding the certificate, do not hesitate to contact our team:

Telephone: 023 964 141
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EuroCham Business Services
EuroCham Business Services
Did you know EuroCham offers a wide range of services to support both the private and public sectors?

Please see our 2020 brochure to find out more.

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Preventive Measures for COVID-19: UNICEF/WHO Communication Materials
Preventive Measures for COVID-19: UNICEF/WHO Communication Materials
As the number of COVID-19 cases in Cambodia continues to rise, it is essential that people have access to accurate and evidence-based information to understand this crisis and how to appropriately respond.

We have been asked by UNICEF to share a package of communication materials developed in collaboration with the WHO and other development partnersand approved by the Ministry of Health.

Businesses and partner organisations are strongly encouraged to use these materials and share them with their employees, customers and suppliers through social media and by displaying them throughout their places of business.
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Cocktail de gala de la CCIFC
Cocktail de gala de la CCIFC
The CCIFC "Cocktail de gala", planned initially on December 11th 2020, has been postponed to Friday January 15th 2021 from 6:00pm at Rosewood Phnom Penh (36ème floor, salon 1).
  • Cocktail dinner by Rosewood : canapés (salmon, foie gras, lamb kofta, vegetarian pizzetta...) and sweets (green tea éclairs, white and black chocolate Bark)
  • Champagne by Mumm and Pernod Ricard cocktails
  • Delicacies counters by Auskhmer and Maison Kayser
This exceptionnal cocktail dinner is the opportunity to start the year in style and recognize the winners of the France Cambodia Business Awards. After the awards ceremony, the cocktail will take on a festive tone with a DJ which you will be enjoying while gazing at the stunning view from Rosewood's 36th floor. Register today!
 
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EuroCham Membership Directory Advertisements
EuroCham Membership Directory Advertisements
Be seen year-round by Cambodia's business community!

Each year thousands of copies of our Membership Directory are distributed to Ministries, executives, embassies, and professionals in Cambodia and abroad.

Be sure potential customers and partners can find you—this directory is one of the most anticipated reference tools in Cambodia's business community and offers advertisers (including non-members) a unique location to promote your brand or products. Click to Advertise!
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Read Full Press Review Here
 
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  • 03 November - EuroCham met the European Union Delegation to Cambodia
  • 04 November - EuroCham joined SAAT Project event
  • 04 November - EuroCham met H.E. Mr KONG Vibol, Director-General of the General Department of Taxation
  • 06 November - EuroCham participated in the consultative meeting on the Draft Law on Investment at the Council for the Development of Cambodia
  • 06 November - Real Estate and Construction Committee Executives meeting on Tall Buildings Forum
  • 10 November - EuroCham ICT Committee Meeting
  • 11 November - EuroCham Automotive Committee Meeting
  • 11 November - EuroCham met the Ambassador of the Federal Republic of Germany
  • 11 November - Virtual Meeting on Preparation of EuroCham Breakfast Talk on Renewable Energy
  • 13 November - Virtual meeting on the Preparation of EuroCham Tall Buildings Forum
  • 17 November - EuroCham joined the Pop-Up event of the French Cambodian Chamber of Commerce and Industry
  • 19 November - EuroCham joined the Methodology and Strategy Workshop on Trade Impact Assessment for Cambodia
  • 23 November - EuroCham participated in the Pre-meeting of the Sub-Group on Trade and Investment at Ministry of Commerce
  • 24 November - Agribusiness Committee Virtual Meeting
  • 25 November - EuroCham Morning Business Talk
  • 25 November - EuroCham joined the Launch of E-Commerce Strategy by Ministry of Commerce presided over by H.E. PAN Sorasak, Minister of Commerce.
  • 25 November - EuroCham joined the meeting on COVID-19 Active Response and Expenditure Support Programmes (CARES) at the Ministry of Economy and Finance
  • 27 November - GIZ Workshop Co-organised by EuroCham on Stakeholder Dialogue on Consumer Protection at Raffles Hotel Le Royal
  • 30 November - EuroCham joined the webinar on ASEAN Customs Transit System Launch Event (ACTS)
 
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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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