Park Café adds a partner for growth
Food and beverage company Park Café has sold a 30 percent stake in its company to Cambodia-Laos Development Fund (CLDF) for $3 million, and the investment will be used to expand its operations in the capital and the provinces, a senior executive of the company
Sok Chan
http://www.khmertimeskh.com/news/20713/park-caf---adds-a-partner-for-growth/
Reshuffle a positive move says business community
The business community in Cambodia has welcomed the recent Cabinet reshuffle, which many say will improve the way the government works and will also improve the economy.
May Kunmakara
http://www.khmertimeskh.com/news/23187/reshuffle-a-positive-move-says-business-community/
Palm sugar finds a sweet market niche
Demand for Kampong Speu palm sugar has surged, with orders already up 70 per cent this year, as appetite for the premium organic sugar product grows, boosting its price.
Cheng Sokhorng
http://www.phnompenhpost.com/business/palm-sugar-finds-sweet-market-niche
Higher skills for a busy aviation sector
In its first two months of regular operation Cambodia’s first civil aviation training centre has provided certificates to dozens of aviation officials and airport staff, helping to raise the skill level of personnel in the Kingdom’s fast-expanding aviation sector.
Cheng Sokhorng
http://www.phnompenhpost.com/business/higher-skills-busy-aviation-sector
PM: new road could be a runway
Prime Minister Hun Sen has asked Defense Minister General Tea Banh to study whether Phnom Penh’s biggest boulevard could be used for emergency plane landings.
Ven Rathavong
http://www.khmertimeskh.com/news/37189/pm--new-road-could-be-a-runway/
Rail link to Thailand a step closer
As an agreement on railway transportation materialises, Cambodia and Thailand are set to hold a ceremony early next year to celebrate the official opening of the line that will connect Phnom Penh and Bangkok, a representative of the Ministry of Public Works and Transportation (MPWT)
Chea Vannak
http://www.khmertimeskh.com/5084794/rail-link-thailand-step-closer/
Minimum wage for all a step closer
The Ministry of Labor said yesterday that it was working with experts and International Labor Organization (ILO) officials to create a draft law laying out the monthly minimum wage for workers in a variety of fields outside the garment and textile industry, which late last
Mom kunthear
http://www.khmertimeskh.com/news/31388/minimum-wage-for-all-a-step-closer/
Government considers a tax on carbon aviation
Cambodia is considering adopting an aviation tax for flights leaving the Kingdom, local media reported yesterday. The announcement came as Environment Minister Say Samal delivered remarks at the COP22 UN Climate Conference in Morocco. The conference comes one year after the historic signing of the Paris
Post Staff
http://www.phnompenhpost.com/business/government-considers-tax-carbon-aviation
Kingdom a one-man show, report asserts
It’s a mistake to consider Cambodia a nation under authoritarian rule by a single party; it comes down to a single man – Prime Minister Hun Sen, a new paper argues.
Erin Handley
http://www.phnompenhpost.com/national/kingdom-one-man-show-report-asserts
Make RCEP a success, says Hun Sen
Cambodia is committed to join hands with other Asean member states to make the Regional Comprehensive Economic Partnership (RCEP) a success after the cancellation of the US-backed Trans-Pacific Partnership (TPP), said Prime Minister Hun Sen yesterday.
May Kunmakara
http://www.khmertimeskh.com/news/36681/make-rcep-a-success--says-hun-sen/
New shophouse project in a good location
The Ly Yong Phat (LYP) Group announced it will invest millions of dollars to develop The Premier Land project to meet the demand for shophouses, thanks to the potential the location has for the development.
Sum Manet
http://www.khmertimeskh.com/50102543/new-shophouse-project-in-a-good-location/
Are Disney's Cambodian carbon credits a fantasy?
The killing of three conservationists patrolling Cambodia’s biggest carbon credit project exposes the nearly insurmountable conflicts of interest plaguing schemes in which huge corporations such as Disney and Virgin Atlantic have invested millions of dollars, observers say. Military Police Officer Sek Wathana, Environment Ministry Ranger Teurn
David Boyle and Sun Narin
https://www.voanews.com/a/are-disney-cambodian-carbon-credits-a-fantasy/4247348.html
Economy won’t be a casualty: analysts
Despite the widely condemned pre-election dissolution of the Cambodia National Rescue Party, the country’s only major opposition party, by the Supreme Court earlier this month, the heightened risk of political instability is expected to have limited short-term economic spill-over effects, according to an assessment from
Robin Spiess
http://www.phnompenhpost.com/business/economy-wont-be-casualty-analysts
Khmer Cakes, Desserts Make a Sweet Display
The annual Khmer Cakes and Desserts Exhibition was launched yesterday with a ceremony on Phnom Penh’s riverfront near Wat Ounalom attended by officials from the municipality and Ministry of Culture.
Noting that it was the second year the event had been held, Phnom Penh Governor Kep
Unionists at casino betting on a strike
Almost 500 Tropicana Casino staff from gambling hub Poipet have threatened to strike on Saturday if the casino’s Thai owner does not reinstate their union leader, Sath Ser, sacked by the company for supporting another terminated employee, workers said yesterday.
A staff member who did not
Cambodia, a potentially lucrative market for Vietnam
Exporting Vietnamese products to Cambodia is beneficial to both countries, however, in order to hold onto this market, Vietnamese firms must remain proactive and consistently advertise their brands and improve quality of their products and services.
From Alibaba, a Trove of Cambodian Treasures
From large tracts of rural land to sand from the country’s rivers to human hair, a host of Cambodia’s natural resources are on display in the shop window of China’s largest online trading website.
Alibaba.com – which claims more than 80 million users worldwide and is
http://www.cambodiadaily.com/business/from-alibaba-a-trove-of-cambodian-treasures-5698/
In Garment Sector, a Labor Movement Divided
There was so much noise blasting from the loudspeakers that the occasional rallying cry from striking workers at the demonstration in Phnom Penh’s Dangkao district last week could hardly be heard.
One 2-meter high stack of amplifiers had been set up outside the Nex-T factory and
Axiata's Cambodian unit expands through M&A
Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil).
In a statement, Axiata announced that its Cambodian arm had entered into a sales
http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business
Illegal Logging a Challenge for Carbon Trading
A Ministry of Agriculture official said yesterday he was aware of allegations of illegal logging by Royal Cambodian Armed Forces soldiers within protected community forests in Oddar Meanchey province and was looking into it.
“I am following this case, but I haven’t received their petition yet,”
