Cambodia's rice export up 148 pct in Q1
Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...
http://www.asean-china-center.org/english/2013-04/07/c_132290214.htm
Cambodia Carrier on Track with New Flights
Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...
http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html
Still much to learn about Times Centre
Construction on Times Centre’s three skyscrapers near Olympic Stadium will commence early this year, but little is known about several key aspects of the project, including the company behind the project. The Times Centre project, which will incorporate retail and office space with 1,000 condominium ...
Siv Meng
http://www.phnompenhpost.com/real-estate/still-much-learn-about-times-centre
Cambodia near top of list for expat workers
Cambodia is one of the most attractive countries for expatriates working for US companies in ASEAN, according to a survey of 475 US business executives from throughout the region. Of those surveyed in Cambodia, 65 per cent reported that employees in other locations requested to relocate ...
http://www.phnompenhpost.com/business/cambodia-near-top-list-expat-workers
First mango export factory planned
Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-mango-export-factory-planned
Cambodian rice exports fall in Q1
As Thailand sells its rice reserves and reforms in Myanmar are rewarded with more access to markets abroad, Cambodia’s total exports of milled rice are on the decline, falling more than 10 per cent in the first quarter of this year compared with the same ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodian-rice-exports-fall-q1
Costs don’t top brands’ concerns
In their latest bid for a $160 minimum monthly wage for the garment industry, independent unions will lead a “stay at home” strike late next week. While the chances of that figure being approved anytime soon seem slight – the government has only just announced a ...
Sean Teehan
http://www.phnompenhpost.com/national/costs-don%E2%80%99t-top-brands%E2%80%99-concerns
Mercedes halts imports over luxury tax
The sole retailer of Mercedes-Benz cars into the country, Hung Hiep (Cambodia) Co., has suspended imports since January over what it claims is a new import duty on luxury cars coming into the country. Other luxury car importers including Porsche, Audi, BMW and Jaguar Land Rover, ...
George Styllis
http://www.cambodiadaily.com/business/mercedes-halts-imports-over-luxury-tax-56050/
Cambodia sets 2020 tourism target
Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/02/cambodia-sets-2020-tourism-target/
Rubber smuggling threatens industry’s recovery
An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-smuggling-threatens-industrys-recovery-73210/
PM: ‘Border ravaged by war must enrich people’
Prime Minister Hun Sen has called for further investment in establishing special economic zones (SEZs) along the border with neighbouring Vietnam. Hun Sen was speaking at the inauguration of the Da Market in Tbong Khmum province on Tuesday as the government works to attract further foreign ...
May Kunmakara
https://www.phnompenhpost.com/business/pm-border-ravaged-war-must-enrich-people
NBC auctions $50 million
The National Bank of Cambodia (NBC) has announced a $50 million auction this week to stabilise the local currency exchange rate in the market. The NBC has informed banks, microfinance institutions (MFIs) and licensed money exchangers that the minimum rate for auction will be announced ...
Sorn Sarath
https://www.khmertimeskh.com/50775257/nbc-auctions-50-million/
UK grants GSP status to Cambodia effective 2021
Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...
Lim Nary/AKP
https://www.khmertimeskh.com/50791084/uk-grants-gsp-status-to-cambodia-effective-2021/
Demand dip drives down int’l rubber sales by 9%
Cambodia netted more than $348 million from the export of rubber latex and wood in the first nine months of 2022, falling by nine per cent year-on-year due to downward pressure on global demand, especially from China and Europe, the latter of which has seen ...
May Kunmakara
https://www.phnompenhpost.com/business/demand-dip-drives-down-intl-rubber-sales-9
Consumer credit applications up 5 percent in third quarter
The personal loan market improved significantly in the third quarter of 2022, according to the Consumer Credit Index of the Credit Bureau Cambodia (CBC). In the third quarter, the number of consumer credit applications increased marginally from the second quarter, according to the latest report. ...
Sok Sithika
https://www.khmertimeskh.com/501178749/consumer-credit-applications-up-5-percent-in-third-quarter/
Preah Sihanouk tyre plant lifts hopes for rubber
A massive, freshly-launched tyre factory, backed by a $300 million investment from Chinese-owned General Tires Technology (Cambodia) Co Ltd, could be the breakthrough that the local rubber and automotive sectors have been waiting for, and potentially act as a type of price stabiliser for domestic ...
May Kunmakara
https://www.phnompenhpost.com/business/preah-sihanouk-tyre-plant-lifts-hopes-rubber
Cambodian agri exports rise 7.8% to 8.6M tonnes
Cambodia formally exported 8.6 million tonnes of agricultural products to 74 markets last year worth nearly $5 billion, up 7.8 per cent from the 7.9 million tonnes booked in 2021, as agriculture contributed 22.2 per cent of the Kingdom’s 2022 gross domestic product (GDP), according ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-agri-exports-rise-78-86m-tonnes
Tina enlists EuroCham in push for agri loans
Minister of Agriculture, Forestry and Fisheries Dith Tina on March 27 asked the European Chamber of Commerce in Cambodia (EuroCham) to work with European banks to look into providing greater access to low-interest loans for Cambodian individuals and entities, with a focus on setting the ...
Hin Pisei
https://www.phnompenhpost.com/business/tina-enlists-eurocham-push-agri-loans
Tina enlists EuroCham in push for agri loans
Minister of Agriculture, Forestry and Fisheries Dith Tina on March 27 asked the European Chamber of Commerce in Cambodia (EuroCham) to work with European banks to look into providing greater access to low-interest loans for Cambodian individuals and entities, with a focus on setting the ...
Hin Pisei
https://www.phnompenhpost.com/business/tina-enlists-eurocham-push-agri-loans
SERC program allows creation of investor, trading accounts
The Securities and Exchange Commission of Cambodia (SERC) last week formally rolled out an online program simultaneously allowing interested individuals to open investor accounts with the government agency and set up trading accounts with the Cambodia Securities Exchange (CSX), according to CSX market operations director ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-program-allows-creation-investor-trading-accounts