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Trade spurt seen after PM’s Laos state visit

Bilateral trade between Cambodia and Laos is predicted to pick up after a recent series of key meetings between national leaders and prominent members of the business community, following a reported jump of roughly three-tenths last year over 2021. ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-spurt-seen-after-pms-laos-state-visit

ISAC's Data literacy workshop 2021

Following curriculum development and localization, ODC’s team taught a Data Literacy Workshop in February in coordination with Internews for the Innovations in Social Accountability Project (ISAC). The Workshop aimed to boost Cambodia’s growing Open Data ‘ecosystem’ by strengthening the skills of civil society organizations and ...

Garments and textiles

The garment industry has rooted in Cambodia earlier than the footwear industry. As a result of trade privileges given by the U.S. and EU, both industries have blossomed. As of 2013, the garment and footwear industries were accountable for about 80 percent of Cambodia’s total ...

Rice Jumps Exchange Limit to One-Month High on Asia Flood Damage

Rice futures jumped the most permitted by the Chicago Board of Trade, advancing to a one- month high, as flood damage to crops in Southeast Asia boosted prospects for U.S. exports. Storms since September damaged 12.5 percent of paddies in Thailand, the world’s largest exporter, and ...

http://www.bloomberg.com/news/2011-10-24/rice-jumps-to-one-month-high-on-southeast-asia-crop-losses.html

Boeng Kak families sue - and sued by - government officials

Two-and-a-half weeks after excavators belonging to a CPP senator’s real estate firm demolished the homes of eight families fighting eviction from Phnom Penh’s Boeng Kak lake community, those families and the government officials charged with evicting them have taken their battle to court. A pair of ...

Cambodia urges Singapore to invest Rice Mills and Agro-Industry

“Singapore will boost Singaporean companies to seek opportunities to invest in Cambodia, especially in the agro-industry,” H.E. Hor Namhong, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, announced on Wednesday morning after bilateral talks with his Singaporean counterpart Excellency Mr. K. Shanmugam, ...

http://thesoutheastasiaweekly.com/

Notification to all local microfinance institutions

On 24 July 2017, the Cambodia Microfinance Association (CMA) issued an announcement to inform all microfinance institutions and the public that:Cambodian Microfinance Association promotes the implementation of their Code of Conduct.All MFIs cannot accept identification cards, family books or residential books as collateral for loans.All ...

Cambodian Microfinance Association

Download: pdf

Subsidies spark cheaper energy

Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said. Electricite du Cambodge (EdC) director-general Keo Ratanak told reporters ...

Thou Vireak
https://www.phnompenhpost.com/business/subsidies-spark-cheaper-energy

Chinese eye asset management

A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management

Bank Collapse Sees Property Up for Grabs

A prime piece of Phnom Penh real estate was put up for auction last week by a South Koran government agency attempting to recoup taxpayers’ money lost during a bank collapse last year. Bids have been made that could see a new development on the site, ...

CPF subsidiaries investing Bt250m in Laos, Cambodia

CP Laos and CP Cambodia are investing a combined Bt250 million to set up a new silo for maize in Cambodia and a new feed-meal plant in Laos to strengthen CPF’s integrated agricultural-industrial business as the Asean Economic Community (AEC) approaches. Most recently, the company ...

http://www.nationmultimedia.com/business/CPF-subsidiaries-investing-Bt250m-in-Laos-Cambodia-30201178.html

Microfinance Firms Look to Retail Lending

While shopping for a brand-new television, 27-year-old Loek Bunhai recently bought a Sony flat-screen at the Sunsimexco retail outlet on Phnom Penh’s Monivong Boulevard for $345. But with a monthly salary of $300 from his job as a microfinance officer in Phnom Penh, Mr. Bunhai was ...

New outsourcing players challenge export giants

Of course the BRIC countries are far from being the only emerging market suppliers for the global apparel sector – and a knot of competitors such as Bangladesh and Vietnam have long been vying for business. But there are smaller players (in terms of the ...

http://www.just-style.com/management-topic/new-outsourcing-players-challenge-export-giants_id115700.aspx

High Costs Cripple Trading Firms, Report Says

Import and export companies in Cambodia believe that high costs stemming from burdensome bureaucracy and poor infrastructure are putting them at a disadvantage compared to other firms transporting goods in the region, according to a recently released report by the Asian Development Bank. Surveying 39 export companies from the ...

Foreigners entering the condo market in Phnom Penh

The number of foreign owners of houses in Cambodia has soared in recent years after the government permitted foreigners to have rights over owning real estate in the Kingdom, according to officials of the Ministry of Land Management, Urban Planning and Construction. Speaking at the opening of ...

http://www.phnompenhpost.com/index.php/Real-Estate/foreigners-entering-the-condo-market-in-phnom-penh.html

Cambodia passes fire prevention draft law

The Government of Cambodia on Friday passed a draft law on fire prevention in order to contribute to maintaining security, social safety, public order, and life and property protection, according to a media statement released after the weekly Cabinet meeting. In the meeting, Hun Sen ...

http://news.xinhuanet.com/english/world/2012-12/14/c_132041591.htm

Tiffany to polish diamonds

Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...

http://www.phnompenhpost.com/2013041064983/Business/tiffany-to-polish-diamonds.html

Farmers Suffer From Illegal Pig Imports

Small pig farmers are struggling to stay in business as illegal imports of pigs from neighbouring countries rise, squeezing them out of the market, industry insiders say. Srun Peu, deputy director of the Cambodia Pig Farmers Association, an organisation with 4,000 members, said the increase in ...

http://www.phnompenhpost.com/2013042565222/Business/farmers-suffer-from-illegal-pig-imports.html

Kingdom’s crafts can be hit in Korea

Cambodian handicrafts and home decor products could take off with South Korean buyers if certain obstacles – conceptual design, development techniques, and slow delivery services – are overcome, business owners and merchants said yesterday. Speaking at a seminar on Korean Market Access for Cambodia’s textiles at ...

http://www.phnompenhpost.com/business/kingdom%E2%80%99s-crafts-can-be-hit-korea

The battleground seats

A guide to the provinces where the fighting may be fiercest. Siem Reap 6 seats Though Siem Reap has long been a ruling-party stronghold (the CPP won four of six seats here in 2003, increasing their spoils to five of six seats in 2008), if recent opposition rallies ...

http://www.phnompenhpost.com/national/battleground-seats

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