On 25 September 2018, EuroCham’s chairman, Arnaud Darc, and ADW’s president, Tassilo Brinzer, signed a memorandum of understanding (MoU) with GIZ represented by Guenther Riethmacher. GIZ is a German development agency that provides services in the field of international development cooperation. The MoU formalizes cooperation between the German Business Group Cambodia (ADW) and GIZ in establishing a business & cooperation desk within the German chapter of EuroCham.
This week-end, the world’s largest annual Volksfest (a beer festival and travelling funfair) opens its doors with the traditional same traditional procedure: A twelve-gun salute and the tapping of the first keg of Oktoberfest beer at 12:00 p.m. by the incumbent Mayor of Munich with the proclamation “O’zapft is!” (“It's tapped!” in the Austro-Bavarian dialect). From September 22nd to October 7th, about six million people will visit edition 185. Nearly one million guests are foreigners travelling mainly on this occasion to Munich.
The Sustainable Development Goals (SDGs) can be achieved only if the private sector is actively involved in the process of finding solutions. This is one of Germany’s “Agenda 2030” main conclusions, and consequently German development cooperation steadily increases its efforts to integrate private sector engagement into its work around the globe. By establishing the Global Business Network (GBN) programme in Cambodia, the German Business Group and EuroCham are entering a new stage in their support of this strategy. The Business and Cooperation Desk is directly located in the EuroCham office in Phnom Penh and will be managed by Mrs. Bianca Untied.
In recent times, Germany has evolved as the most popular work destination in Europe and ahead of every other country in the world except the United States. However, so far often it is very difficult or even impossible for non-EU citizens to work in there while, at the same time, the country suffers from a grave shortage of skilled workers. Consequently, in August the German government has developed a general framework for a new immigration law that is supposed to be adopted by the Bundestag (federal parliament) until 2021.
In a change partly propelled by geopolitics, Germany is now the most popular work destination in Europe and ahead of every other country in the world except the United States. Presented by The Boston Consulting Group and the online international recruitment company The Network, this finding bases on one of the largest surveys ever of labor trends and work preferences with 366,000 interviewees in 197 countries.
The European Union’s General Data Protection Regulation (GDPR) applies to all companies processing or controlling the personal information of EU residents, regardless of where those firms are located. The regulation is designed to protect the privacy rights of EU individuals. It was adopted in April 2016 and went into effect May 25, 2018 after a two years transition period.
The old year comes to an end and we are entering the year 2562 of the Buddhist Era. It is also the year of the Earth Dog which promises economic changes and growth. It is supposed to be a good year financially to many. On this occasion, the German Business Groups ADW thanks all its members, partners, and friends for a successful cooperation in the past. We are looking forward continuing our trustful relationships within Cambodia’s business community in the future. For now, we wish you all wonderful holidays and memorable moments with your family and friends.