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Cambodia’s garment, footwear, travel goods export up 20 pct in Q1

Cambodia exported $2,941 million worth of garment, footwear and travel products (GFTs) to international markets in the first quarter of 2024, up 20 percent from 2,449 million dollars over the same period last year, said a report released by the Ministry of Commerce on April ...

Khmer Times Staff
https://www.khmertimeskh.com/501472270/cambodias-garment-footwear-travel-goods-export-up-20-pct-in-q1/

MoEYS discusses ways to bolster youth skills at ECOSOC forum

The Ministry of Education, Youth and Sport (MoEYS) on Tuesday led a high-level delegation to participate in the United Nations Economic and Social Council (ECOSOC) Youth Forum 2024 held in New York city – aimed at strengthening the skills and capacity of Cambodian young people ...

Nhean Chamrong
https://www.khmertimeskh.com/501474732/moeys-discusses-ways-to-bolster-youth-skills-at-ecosoc-forum/

MAFF crafting ‘safe food production’ plan

Ministry of Agriculture, Forestry and Fisheries (MAFF) along with relevant stakeholders are jointly working towards envisaging a safe food production plan for national and international markets, said a senior official for MAFF on Monday. ...

Mom Kunthea
https://www.khmertimeskh.com/501522554/maff-crafting-safe-food-production-plan/

Phnom Penh Bans Cambodia Opposition’s Thumbprint Campaign

Authorities in Phnom Penh on Wednesday banned Cambodia’s opposition party from using public spaces to collect thumbprints  for a petition calling for U.N. and foreign intervention in the country’s political crisis following disputed polls. The opposition Cambodia National Rescue Party (CNRP) plans to collect at least 3 million ...

Radio Free Asia Staff
http://www.rfa.org/english/news/cambodia/petition-10092013174335.html

SBC Bank Signs JCB Card Issuance MOU in Cambodia

Singapore Banking Corporation Ltd. (SBC Bank), a leading commercial bank in Cambodia, signed a memorandum of understanding with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, for the issuance of JCB cards in Cambodia. A ceremony to commemorate the milestone moment was held ...

The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YWI4OTU3NmNkYmR#sthash.uvnJElMQ.dpuf

EU Parliamentarian Finds Abuses Fueled by Trade Scheme

Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...

Denise Hruby
http://www.cambodiadaily.com/news/eu-parliamentarian-finds-abuses-fueled-by-trade-scheme-51188/

More competition from Thai millers

Thai government proposals to pay above market prices to rice farmers could complicate Cambodia’s goal of becoming a major milled rice exporter, according to industry insiders. Pheu Thai party leader Yingluck Shinawatra has announced plans to buy rough rice for a guaranteed price of 15,000 ...

http://www.phnompenhpost.com/index.php/2011080350827/Business/more-competition-from-thai-millers.html

Issues Remain as Union Law Enters Final Phase

As the creation of Cambodia’s first law on trade unions enters a final phase this week, labor activists and unions said the draft law as it stands is in urgent need of revision, as it would cripple unions and severely undermine collective bargaining rights. They ...

Lost Opportunities as Cambodian Labor Goes Abroad: Advocate

Even with an improved domestic job market, many Cambodian workers are seeking jobs overseas, despite the risks. This is mainly due to the government’s failure to get the word out, Moeun Tola, a labor advocate at the Community Legal Education Center, told “Hello VOA” Thursday. “We see ...

http://www.voanews.com/khmer-english/news/human-rights/Lost-Opportunities-as-Cambodian-Labor-Goes-Abroad-Advocate-145241375.html

Japan building Mekong supply chain

Greater connectivity between Japan and Cambodia is tightening economic links between the two countries while catalysing Japan’s ambitions to develop a chain of industrial complexes that cut a tract through the Lower Mekong region. Officials at Japan External Trade Organisation (JETRO), Japan’s development agency, say ...

Matthieu de Gaudemar and Cheng Sokhorng
http://www.phnompenhpost.com/business/japan-building-mekong-supply-chain

Building homes for underserved communities

Despite recent announcements of large development projects throughout Cambodia focusing on so-called “affordable housing” for the emerging middle class, there remains a massive gap in the market for quality affordable housing for the poor; especially the urban poor as more rural Cambodians flock to cities ...

James Whitehead
http://www.phnompenhpost.com/real-estate/building-homes-underserved-communities

Kep real estate comes of age

When Dan Kreis, founder, owner and operator of Kep Lodge Eco-Resort, arrived in Kep for the first time in 2005, he found only a handful of locally-owned guesthouses, less than 10 foreign residents, no supermarket, no electricity, no local bar, a coastline littered with little ...

James Whitehead
http://www.phnompenhpost.com/real-estate/kep-real-estate-comes-age

Kampot pepper strong, rivals struggle

Kampot pepper sales both locally and internationally have continued to be strong since gaining coveted geographical indication (GI) status from the European Union in February, while domestic pepper competitors have complained of falling prices, industry figures said yesterday. Kampot Pepper Promotion Association president, Nguon Lay, told ...

Sok Chan
http://www.khmertimeskh.com/news/30743/kampot-pepper-strong--rivals-struggle/

Gov’t and private sector to discuss solar home system guidelines

The Ministry of Mines and Energy and several local solar companies will meet today for a consultative workshop on guidelines for solar home systems (SHS). The workshop aims to gather market data, analyse examples of good practice in the industry and discuss the challenges experienced ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50664003/govt-and-private-sector-to-discuss-solar-home-system-guidelines/

SCG vows Asean coverage

Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic ...

http://www.bangkokpost.com/business/economics/308580/scg-vows-asean-coverage

Latex exports rise, revenues fall

Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...

http://www.phnompenhpost.com/index.php/2012112959998/Business/latex-exports-rise-revenues-fall.html

No foreign carriers for domestic air travel in Cambodia

The government will not allow international airlines to establish domestic services in Cambodia, and the country’s domestic air travel industry is not being monopolised, says an industry leader. These two points were made by Tek Reth Samrach, state secretary of the Council of Ministers, in response ...

http://www.phnompenhpost.com/2013012260897/Business/no-foreign-carriers-for-domestic-air-travel-in-cambodia.html

Thais to set up maize plant

THAI agribusiness giant Charoen Pokphand (CP) Foods is setting up a new silo and drying plant for maize in Pailin province. The exact investment cost is not known. According to a newspaper report in The Nation, the plant, together with a planned feed-meal plant in Laos, ...

http://www.phnompenhpost.com/2013030561742/Business/thais-to-set-up-maize-plant.html

Rice exports at a flying pace

Cambodia milled rice exports reached 49,815 tonnes in the first two months of this year, an increase of 106 per cent from the same period last year. Jasmine rice was the biggest part of the exports, followed by long grain white rice, data from the ...

http://www.phnompenhpost.com/2013030561743/Business/rice-exports-at-a-flying-pace.html

Mining Firm With Local Licenses Sees Investment

BlackRock Inc., the world’s largest investment firm, has purchased a multi-million dollar stake in a mining firm with a gold exploration licenses in Cambodia. Stephen Promnitz, CEO of Indochine Mining, which is listed on the Australian Stock Exchange and holds a gold exploration license in Kratie ...

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