Siam Kubota launches Cambodia, Laos units
Siam Kubota Corporation Co Ltd is set to expand its business by opening subsidiaries in Cambodia and Laos as part of its preparation for the launch of the ASEAN Economic Community (AEC) in 2015. Siam Kubota has invested a total of Bt68 million in the two ...
Erich Parpart
http://www.nationmultimedia.com/business/Siam-Kubota-launches-Cambodia-Laos-units-30228172.html
Revision for Reuters
Yesterday a Reuters news story, “Insight: China gambles on Cambodia’s shrinking forests,” which also ran in today’s Phnom Penh Post and Cambodia Daily, mentioned Open Development Cambodia, and suggested that we are partnering with a local advocacy group to track concessions. This is not accurate. Like ...
Land Titles Needed to Drive Investment in Agriculture
The issue of using land titles to encourage banks to boost their lending to the agriculture sector was raised at the “Empower Your Business: Riding on Cambodia’s Growth” seminar in Phnom Penh on July 21. “Seventy percent of the population is undertaking agriculture as their ...
Plans Name Developer of Sisowath Quay Site
Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...
Good ties boost investment, trade, tourism between Cambodia, China
The bilateral relations between Cambodia and China in terms of investment, trade and tourism have become stronger in the past year thanks to the two countries’ good relations, said officials Friday. Cambodia attracted China’s investments of 1.19 billion U.S. dollars in 2011, up 71 percent from ...
http://news.xinhuanet.com/english/china/2012-02/17/c_131416641.htm
CSX part of a larger capital market system
The Cambodia Securities Exchange (CSX) is an important component of a larger ecosystem of capital markets, according to Eugene Lam, CEO of OSK Indochina Securities Ltd, one of Cambodia’s securities underwriters approved by the Securities and Exchange Commission of Cambodia (SECC). Lam says one of ...
Banks to expand amid sound macroeconomy
Some of Cambodia’s largest banks and financial institutions have announced plans to expand their businesses following solid macroeconomic performance so far this year. The National Bank of Cambodia (NBC) in July projected that the Kingdom’s economy is poised to have grown 7.1 per cent this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-expand-amid-sound-macroeconomy
Innovation and inspiration are the basis of BarCamp
BarCamp Phnom Penh, a technology conference at the University of Puthisastra, promises to attract industry professionals from ASEAN countries, the US, Germany and other countries around the world later this month, Be Chantra, lead organiser of the conference, says. Be Chantra says BarCamp Phnom Penh is ...
Flood's lessons linger in Kratie
When 41-year-old Pheng Seng’s brick-making business was ravaged by flood in Kratie province a year ago, he lost about US$5,000. Kratie town also flooded this time a year ago. It was so bad that speedboats were seen zipping through the streets past submerged motorcycles with ...
Gaming Company Posts Record Quarter of $5.2M
Entertainment Gaming Asia Inc. (EGA), which owns a number of casinos in Cambodia, as well as provides gaming machines to other local gambling venues, announced on Tuesday that quarterly revenues from April through June reached a record $5.2 million, up 14 percent compared to the ...
Men Sarun rice to China
Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said. Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice. He ...
Investment options for Cambodian telcos
With Myanmar’s telecom industry showing signs of gradually opening, operators in Cambodia’s overcrowded telecom market see opportunities for potential investment. But in stride with the market’s latent potential come challenges, industry experts say, and lessons learned locally need to be applied overseas. “Myanmar remains one of the ...
http://www.phnompenhpost.com/2013022061463/Business/investment-options-for-cambodian-telcos.html
China's Taiwan opens 2nd bank in Cambodia
Taiwan Cooperative Bank, one of the leading banks in China’s Taiwan, officially commenced business in capital Phnom Penh on Thursday, bringing the number of commercial banks in the kingdom to 33. Taiwan Cooperative Bank is the 2nd bank from China’s Taiwan in Cambodia after the Mega ...
Kubota enters Cambodia
Siam Kubota Corporation (SKC), a leading farm truck maker, has partnered with Group Lease to enter the agriculture machine market in Cambodia. Mitsuji Konoshita, chief executive of Group Lease, said the partnership with SKC is a bid to extend leasing service to Kubota’s clients in ...
Nuntawun Polkuamdee
http://www.bangkokpost.com/news/asia/368267/kubota-enters-cambodia
Japan Asked Government to Protect Its Interests During Strike
Japan has expressed its deep concern about the situation in Cambodia following the deadly crackdown on striking garment workers last Friday, and admitted Thursday that it had contacted the government during the protests to ask for protection of Japanese citizens and companies. Military police armed with ...
Simon Henderson
http://www.cambodiadaily.com/news/japan-asked-government-to-protect-its-interests-during-strike-50399/
For Royal Group, sale not desired
Executives from Australia and New Zealand Banking Group Limited (ANZ) and local partner Royal Group of Companies (RGC) both went into damage control yesterday after comments by ANZ chief executive officer Mike Smith suggesting the joint banking venture between the two was on the rocks. Royal ...
Daniel de Carteret
http://www.phnompenhpost.com/business/royal-group-sale-not-desired
The Plight of Cambodia's Garment Workers, On Display on a Manhattan Sidewalk
Last week, on a busy sidewalk in Times Square, a hunched figure in a surgical mask labored at a hand-operated sewing machine. This anonymous worker was Khmer-American artist Kat Eng. According to her website, she sat in front of the flagship location of clothing giant H&M ...
Sarah Goodyear
http://www.theatlanticcities.com/arts-and-lifestyle/2014/01/plight-cambodias-garment-workers-laid-bare-manhattans-sidewalks/8187/
Authorities pass buck as hit-and-run investigation stalls
As hit-and-run victim San Chan lies in a hospital bed awaiting justice for his brother’s death, officials from the Royal Cambodian Armed Forces, police and traffic police are pointing fingers at one another, while the driver remains at large. A week ago today, Mr. Chan, 18, ...
Ben Sokhean
http://www.cambodiadaily.com/news/authorities-pass-buck-as-hit-and-run-investigation-stalls-60309/
‘Orphanage tourism’ still an issue: UNICEF
The UN Children’s Fund in Australia has warned volunteers and tourists to avoid visiting Cambodian orphanages following critical reports from the press in recent weeks. In a post on its website, UNICEF Australia said “these types of tours exploit children and their families for the financial ...
Charles Rollet
http://www.phnompenhpost.com/national/%E2%80%98orphanage-tourism%E2%80%99-still-issue-unicef
Turkish investors eye electronics, electricity production in Kingdom
Turkish investors have expressed interest in seeking investment partners in Cambodia in the electricity production and electronics sectors. Guven Uckan, the head of the Electrical Electronics and Services Exporters’ Association (EESEA), said Cambodia had great potential for investment, with a number of Turkish investors currently doing ...