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Hun Sen Blames Migration for Labor Shortage in Agriculture

Prime Minister Hun Sen yesterday blamed illegal immigration for contributing to a current shortage in the Cambodian labor market but said workers could benefit from rising wages as a result of the demand for workers. Mr. Hun Sen said the shortage was hitting the agriculture sector ...

Dream deferred in S’pore

As another Cambodian maid who travelled to Singapore under a pilot scheme between the two countries prepares to return home this week alleging labour rights abuses, recruitment agencies in Phnom Penh continue to look for more women to sign up for the overseas work. The ...

Phak Seangly and Alice Cuddy
http://www.phnompenhpost.com/national/dream-deferred-spore

China Unicom enters Cambodia

China Unicom, the country’s largest telecoms operator, has expanded into Cambodia to build optical telecommunication pathways in the Kingdom as part of the Belt and Road Initiative (BRI). The Hong Kong-listed company officially opened its China Unicom (Cambodia) subsidiary on Monday to become the latest industry ...

May Kunmakara
https://www.phnompenhpost.com/business/china-unicom-enters-cambodia

More Effort Needed for Asean Unity, Hun Sen Says

Countries in the region need to move faster to reduce the economic gaps between Asean nations if they are to successfully integrate and establish the Asean Economic Community by 2015, Prime Minister Hun Sen said yesterday. Speaking at the 44th Asean Economic Ministers’ Meeting in Siem ...

Cambodia seeing a solar surge as prices drop

Cambodia is lighting up with solar power as international politics gluts the world market with inexpensive equipment options, according to industry insiders. The lowering or complete end of subsidies for US, European and Australian firms, along with China’s backing of the renewable energy sector, has seen ...

http://www.phnompenhpost.com/index.php/2012082958337/Business/cambodia-seeing-a-solar-surge-as-prices-drop.html

Cambodia Climbs Global Competitiveness Ranks

Cambodia climbed the rankings of the World Economic Forum (WEF) 2012-2013 global competitiveness report to finish 85th out of 144 countries, an improvement of 12 places compared to the previous year. The WEF report, which was released yesterday, measured the competitiveness of each country on more ...

Rat meat on the menu at the Vietnamese border

Eating rat is a common phenomenon over the border in Vietnam, but increasing numbers of Cambodians in nearby villages are adopting rodent cuisine with relish. As many as three tonnes of rats are caught every day in Cambodia and exported to Vietnam to feed a ...

http://www.phnompenhpost.com/index.php/2012091258640/Lifestyle/rat-meat-on-the-menu-at-the-vietnam-border.html

Banking Sector Sees Growth in First 9 Months

Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...

Trade With Vietnam Grows Through Seven Months

Trade between Vietnam and Cambodia grew 22.36 percent in the first seven months of the year to reach $1.96 billion compared to the same period last year, a Vietnamese official said yesterday. Vu Thinh Cuong, commercial counselor at the Vietnam Trade Office, said imports from Vietnam ...

Bobruisk Plant of Tractor Parts and Units starts shipping machines to Cambodia

The Bobruisk-based mechanical engineering company Bobruisk Plant of Tractor Parts and Units has shipped a batch of proprietary compact tractors Belarus 321 to Cambodia for the first time, representatives of the company’s sales department told BelTA. In line with the contract, which was signed in early ...

http://news.belta.by/en/news/econom?id=708244

Beaches to drive tourism

The Ministry of Tourism and the French TV channel TF1 have signed a deal on a “2013 action plan” that will promote Cambodia’s beach tourism. The agreement was inked yesterday by Tourism Minister Thong Khon and Franck Firmin Guion, the president of Adventure Line Product-ions (ALP). The plan ...

http://www.phnompenhpost.com/2013031962003/Business/beaches-to-drive-tourism.html

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/

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