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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 ...

Cambodia's rubber exports up 17 pct, revenues down 21 pct in 2012

Cambodia recorded a 17 percent rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21 percent due to declining rubber prices in the international market, the government’s statistics showed Friday. The country had exported 54,530 tons of rubber latex ...

http://www.globaltimes.cn/content/756747.shtml

Second-hand, first in imports

Cambodia imported almost 10 times as many used clothes as new ones in the first 11 months of last year, according to statistics from the Ministry of Economy and Finance. Some 79,217 tonnes of used garments worth $61.5 million were brought in during that period, compared ...

http://www.phnompenhpost.com/2013030461731/Business/second-hand-first-in-imports.html

Textile Industry Gets Lessons From Korean Designers

Cambodian manufacturers on Wednesday received training from Korean designers on how to make apparel in line with current fashion trends in the hopes of assisting them in penetrating the lucrative but difficult Korean market. The event was organized by the ASEAN-Korea Center—an intergovernmental organization that aims ...

http://www.cambodiadaily.com/business/textile-industry-gets-lessons-from-korean-designers-35468/

Rice miller plans to export 10,000 tonnes

State-owned rice miller Green Trade plans to export about 10,000 tonnes of milled rice to Libya this year, an insider has revealed. Thon Virak, director of state-owned rice exporter Green Trade, told the Post yesterday that he had signed an export deal with a private company ...

http://www.phnompenhpost.com/2013031461931/Business/rice-miller-plans-to-export-10-000-tonnes.html

CIMB says Local Investors Bring More Franchises to Cambodia

The steady growth of franchises from overseas is likely to continue as young, moneyed Cambodians seize the opportunity to bring name brands into the country, a bank official said yesterday. Hoping to help its customers and others invest in franchises, Malaysia-based CIMB Bank yesterday organized ...

http://www.cambodiadaily.com

National brokerage opens first overseas office

National insurance broking firm MGA Insurance Brokers is opening a new office in the developing market of Cambodia. The Cambodian operation was being set up as a joint venture with two local brokers, Chantol Seng and Sophat Meas, who had extensive international experience. “Cambodia has a ...

Insurance Business News Staff
http://www.insurancebusinessonline.com.au/news/national-brokerage-opens-first-overseas-office-181017.aspx

Thousands fall for Korean work scam

Alleged ringleaders of an overseas employment scam the Ministry of Labour says bilked thousands of clients out of money were charged with fraud in Phnom Penh on Friday. Oun Sarath, 30, and Kim Sophat, 29, the director and marketing manager, respectively, of recruiting firm You Can ...

Sen David
http://www.phnompenhpost.com/national/thousands-fall-korean-work-scam

IMF Predicts Country’s Economy to Grow 7%

The International Monetary Fund (IMF) on Friday said it expects Cambodia’s economy to grow by 7 percent this year, fueled mostly by the garment, tourism and construction sectors, though risks such as extreme weather and labor market instabilities could cause growth to fluctuate. The IMF also ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/imf-predicts-countrys-economy-to-grow-7-47117/

Cambodia's rice exports up 107 pct in 8 months

Cambodia has seen a remarkable rise in the exports of milled rice in the first eight months of the year due to increasing demand on international markets, official figures showed Wednesday. The data, from the single window secretariat for facilitating milled rice exports, recorded that the ...

Xinhuanet News Staf
http://news.xinhuanet.com/english/world/2013-09/18/c_132731824.htm

Exports consistent for Cambodia’s ag sector

Cambodia exported 2.9 million tons of agricultural products last year, roughly the same as 2012, but experts say the figure does not reflect the huge potential for the market. According to official data from the Ministry of Agriculture, Forestry and Fisheries, exports included more than 1 ...

May Kunmakara
http://www.phnompenhpost.com/business/exports-consistent-cambodia%E2%80%99s-ag-sector

‘River town’ project sees budding prospects in sales

Borey River Town, a residential property development around three kilometres northeast of downtown Phnom Penh on National Road 6A has been selling well for the first two months of the year, according to Teng Rithy, the development’s general manager. Rithy said that the rate of sales ...

Moeun Nhean
http://www.phnompenhpost.com/real-estate/%E2%80%98river-town%E2%80%99-project-sees-budding-prospects-sales

Burger King chain to expand

Burger King will launch another three restaurants in Cambodia by the end of the year, according to a company official, in a move that will bolster the fast food chain’s share of a market dominated by KFC. Somach Sovary, support manager for Burger King Cambodia, said ...

Eddie Morton
http://www.phnompenhpost.com/business/burger-king-chain-expand

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