‘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
Rubber decline stokes worry
The government and industry insiders are worried about the steady decline of rubber prices over the last three years, during which the area it is cultivated in has grown. “Farmers and investors raised concern . . . over the trend of the market and the price of natural ...
Chan Muyhong
http://www.phnompenhpost.com/business/rubber-decline-stokes-worry
Cambodian, Chinese companies ink two business deals
Two business agreements were signed between 21 companies from East China Fujian province and their Cambodian counterparts at a business matching meeting here Sunday. Of the two agreements signed between the two sides, one was between China’s Fuzhou Yifeng Rice Company and Cambodia’s Mekong Oryza ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141214/cambodian-chinese-companies-ink-two-business-deals
Banana exports booming despite pandemic
Cambodia exported 72,182 tonnes of fresh yellow bananas to international markets during the first three months of this year, a Ministry of Agriculture, Forestry and Fisheries report said. Most of the bananas were exported to China, with the rest being shipped to Vietnam and Japan. ...
Thou Vireak
https://www.phnompenhpost.com/business/banana-exports-booming-despite-pandemic
Labour firm staff sentenced
The director and employees of a maid recruitment agency were handed sentences of up to five years by the Phnom Penh Municipal Court yesterday and ordered to pay compensation for illegally detaining an under-aged girl. Presiding judge Duch Kimsorn said Century Manpower’s director Oung Sakirin, chief of administration ...
http://www.phnompenhpost.com/index.php/2012050155893/National-news/labour-firm-staff-sentenced.html
Cambodia’s rice exports up by 42 percent in first five months
Cambodia has exported 356,097 tonnes of milled rice to foreign markets during the first five months of this year. The figure shows an increase by 105,925 tonnes or 42.34 percent compared to the same period in the previous year, according to Minister of Agriculture, Forestry ...
Khmer Times Staff
https://www.khmertimeskh.com/50728658/cambodias-rice-exports-up-by-42-percent-in-first-five-months/
Duty-free exports to US jump
Cambodia exported goods worth $6.06 billion to the US market in the first 11 months of last year, up 22.2 per cent from the same period in 2019, while total bilateral trade volume reached $6.37 billion, according to data released by the US Bureau of ...
Hin Pisei
https://www.phnompenhpost.com/business/duty-free-exports-us-jump
Rice exports top 3M tonnes in Jan-Oct
Even as a shipping-container shortage and rising transportation costs stymie the growth of milled rice exports to European and other Western markets, Cambodia managed to ship out 3,119,829 tonnes of the crop abroad, worth $957.30 million, in the first 10 months of 2021, according to ...
May Kunmakara
https://www.phnompenhpost.com/business/rice-exports-top-3m-tonnes-jan-oct
Cambodia’s FDI surges 11.2% to $41B in 2021
Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021
Cambodia-China FTA and RCEP injects new impetus into Cambodia’s agricultural development
Both RCEP and the CCFTA have been in effect since January 2022. “RCEP and the CCFTA are all free trade agreements that mutually open the market in all participating countries, thus giving farmers choices to export their agricultural products to various countries,” he told Xinhua ...
Khmer Times Staff
https://www.khmertimeskh.com/501209437/cambodia-china-fta-and-rcep-injects-new-impetus-into-cambodias-agricultural-development/
Farmers’ profits hit by further drop in paddy prices
Cambodia Rice Federation (CRF) on Friday announced the recent fluctuation in international rice market prices and paddy prices in Cambodia. It revealed that overall prices have decreased slightly to between 1,090 and 1,250 riel per kilogram, depending on the type. ...
https://kiripost.com/stories/cambodia-farmers-profits-hit-by-further-drop-in-paddy-prices
Announcement of NBC on the readiness to take actions to maintain exchange rate stability
On 29 August 2023, the National Bank of Cambodia (NBC) announced its readiness to take necessary action, including intervention in the foreign exchange market and the use of other monetary policy instruments to maintain the value of the riel and maintain the stability of the ...
National Bank of Cambodia
South Korean investor body explores local opportunities
Cambodia is looking to drum up interest among Korean investors in the production of goods in the Kingdom for export to their home market, and push bilateral trade beyond current levels – $549.930 million in the first eight months of 2022, up by 6.42 over ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korean-investor-body-explores-local-opportunities
Jan-Aug Japan trade surges 17%
Bilateral trade between Cambodia and Japan in the first eight months of 2022 rose by more than one-sixth on-year, in a trend expected to carry into the foreseeable future, largely driven by agricultural exports from the Kingdom. Still, the business community is calling for greater ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-japan-trade-surges-17
Employment rate over 99%: Labour minister
Minister of Labour and Vocational Training Ith Samheng said that ensuring the development of a resilient and well-paid labour market with better working conditions has contributed to the implementation of the strategic plan for the development of the employment sector. ...
Post Staff
https://www.phnompenhpost.com/national/employment-rate-over-99-labour-minister
Hopes high for Kampong Chhnang logistics hub
Locally-owned KLP.T Transportation Co Ltd’s new multi-purpose port and logistics centre just east of Kampong Chhnang town is expected to provide a substantial boost to Cambodian freight movement, particularly of agricultural products from the provinces bordering Tonle Sap Lake to international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/hopes-high-kampong-chhnang-logistics-hub
China and HK Cambodia’s top rice exporters in first five months of 2023
China and Hong Kong have emerged as the top export markets for Cambodian milled rice, covering 42.43 percent of total exports worth $77.42 million. The 25 European countries accounted for 37.93 percent of exports worth $71.99 million, according to Cambodia Rice Federation (CRF). ...
Seng Mengheng
https://kiripost.com/stories/china-and-hk-cambodias-top-rice-exporters-in-first-five-months-of-2023
Cambodia’s garment, footwear, travel goods exports down 15 pct in 11 months
Cambodia exported $9.9 billion worth of garment, footwear and travel products to international markets in the first 11 months of 2023, down 15 percent from nearly 11.7 billion dollars in the same period last year, said a Ministry of Commerce’s report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501413720/cambodias-garment-footwear-travel-goods-exports-down-15-pct-in-11-months/