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Investment in Cambodia's Construction Increases By 36% by H1

[The] Construction sector has attracted a total investment of 868 million U.S. dollars in the first six months of 2012, up 36 percent from 37 million U.S. dollars at the same period last year, a report from the ministry of land management, urban planning and ...

Garment Exports to EU Catching Up With US

The value of garment and shoe exports to the European Union are expected to reach the same level as those sent to the U.S. by 2013, an official from the Garment Manufacturers Association in Cambodia (GMAC) said yesterday. Garment, textile and shoe exports to the E.U. ...

Britain to support Cambodia in fight against money laundering, terrorism financing

Britain embassy to Cambodia is partnering with Cambodian government ministries and departments to provide a training course on international best practices in the field of anti-money laundering and combating the financing of terrorism, according to the embassy’s press release on Friday. The training will be ...

http://www.nzweek.com/world/britain-to-support-cambodia-in-fight-against-money-laundering-terrorism-financing-53347/

H&M reveals suppliers

About a quarter of the garment factories in Cambodia that supply Swedish clothing giant H&M have been the scene of mass faintings or large-scale strikes since 2010, based on a suppliers list the clothing giant released late last week. Along with its 2012 sustainability report, the ...

http://www.phnompenhpost.com/2013032564667/National/h-m-reveals-suppliers.html

Government To Push Digital Empowerment

Senior government officials yesterday were promoting the development of the information and communication technologies (ICT) sector in the Kingdom, particularly the concept of digital empowerment among young people. Deputy Prime Minister Sok An, who presided over the opening of ITU Asia-Pacific Regional Development Forum, held in ...

http://www.phnompenhpost.com/2013043065306/Business/government-to-push-digital-empowerment.html

Revenues up at mail service, but not locally

Revenue at the Cambodia Post (CP), the country’s mail service provider, rose nearly $2 million in the first half of this year, a 10 per cent increase compared to the same period in 2012. But the service still handles mostly international shipments, and is failing ...

http://www.phnompenhpost.com/business/revenues-mail-service-not-locally

Credit at Cambodia's banks grows by 5.4 pct in first half

Lending at Cambodia’s commercial banks increased by 5.4 percent in the first six months of this year thanks to a better economic situation, a central bank official said Monday. Nguon Sokha, director general of the National Bank of Cambodia (NBC), said that the kingdom’s 34 commercial ...

http://news.xinhuanet.com/english/business/2013-08/05/c_132603705.htm

Can Tho links with Cambodian province

The Can Tho city and Cambodian province of Battambang have signed a memorandum of understanding on economic co-operation that covers commerce, investment, and tourism. The two sides will create favourable conditions for businesses from the two localities to co-operate in areas like processing of farm produce, ...

http://vietnamnews.vn/economy/237556/can-tho-links-with-cambodian-province.html

Betargo readies for the contruction of its 18,000t per annum feed mill in Cambodia

Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...

http://www.feedmachinery.com/news/asia/betargo-readies-for-the-contruction-of-its-18000t-per-annum-feed-mill-in-cambodia-0158/

Cambodia's Angkor greets 1.57 mln foreign visitors in 9 months

Cambodia’s Angkor Wat temples, one of the world heritage sites, attracted 1.57 million foreign tourists in the first nine of the year, up 6 percent compared with the same period in a year earlier, a tourism report showed Monday. South Korea, China, Vietnam, Japan and Thailand ...

Global Times
http://www.globaltimes.cn/content/817619.shtml#.Ul0inVBgd8E

Cargo shipments up 16 pct

The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...

May Kunmakara
http://www.phnompenhpost.com/business/cargo-shipments-16-pct

Parliament calls to action over use of invalid number plates

Cambodia’s National Assembly Secretary General, Leng Peng Long, called on the Ministry of Interior to take decisive action over members of parliament whose vehicles still use out of date number plates. On Thursday, the Secretariat of the National Assembly had informed lawmakers and former lawmakers ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MzA4YWM3NjQzYzd

Disabled integration touted

Disabled Cambodians were promised a “society without barriers” by Prime Minister Hun Sen yesterday in a speech on Cambodia’s Day of Persons with Disabilities in Phnom Penh. About 1,500 disabled Cambodians marked the day at a gathering of more than 2,000 people in the capital’s Koh ...

Vong Sokheng
http://www.phnompenhpost.com/national/disabled-integration-touted

Large number of Chinese firms to join Cambodian expo

Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...

The Global Times News Staff
http://www.globaltimes.cn/content/831400.shtml#.UqfDKNIW2ls

PTT keeps Cambodia jet fuel gig

PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at ...

Bangkok Post News Staff
http://www.bangkokpost.com/business/news/377274/ptt-keeps-cambodia-jet-fuel-gig

MFIs downplay debts

Two of the leading microfinance institutions (MFIs) in Cambodia said yesterday that they have identified a relatively small fraction of borrowers who were affected by flooding and would provide relief on their repayment schedules if necessary. The comments come after both Prime Minister Hun Sen and ...

Hor Kimsay
http://www.phnompenhpost.com/business/mfis-downplay-debts

Avis pulling into town

International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group. If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom. The company ...

Eddie Morton
http://www.phnompenhpost.com/business/avis-pulling-town

Cambodia, US Extend Artifacts Trade Agreement

Cambodia and the U.S. have signed an extension to a memorandum of understanding (MoU) that imposes strict import restrictions on artifacts dating from the Bronze Age to the end of the Angkor Empire. Hab Touch, director-general for tangible heritage at the Ministry of Culture and ...

Simon Henderson
https://cambodia.opendevelopmentmekong.net/wp-admin/post.php?post=34061&action=edit&message=1

Cambodian opposition urged to avoid violence in protest

Cambodian Tourism Minister Thong Khon on Tuesday urged the main opposition party to avoid violence when it holds a mass rally next month in the tourist destination of Siem Reap. “In democratic societies, demonstrations are common, but those protests must be nonviolent and in accordance with ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/26/c_132919950.htm

Wedding business a winning proposal

It’s no secret. Weddings in Cambodia are big, colourful and extravagant affairs. Guests drink and eat to their heart’s content, music draws revellers onto the dance floor and the party lasts for hours. But guests aren’t the only people having fun. Rising affluence paired with a ...

Hor Kimsay
http://www.phnompenhpost.com/business/wedding-business-winning-proposal

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