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Trade Reached $11.17B In First Ten Months

Total trade in Cambodia reached $11.17 billion from January through October, an 18.1 percent increase compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Khon Savuth, chief of statistics at the ministry’s Camcontrol department said that the ...

http://www.cambodiadaily.com

Government Revenues Up 27 Percent in First Nine Months

The government collected more than $1.4 billion in revenues during the first nine months of the year, a 27 percent increase over the same period last year, figures released Thursday by the Ministry of Economy and Finance show. According to the Table of Government Financial Operations ...

http://www.cambodiadaily.com/business/government-revenues-up-27-percent-in-first-nine-months-6508/

Cargos via Cambodia's city port up 17% in 2012

Cargos entering and leaving through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 17 percent in 2012 thanks to increasing import and export activities, a senior port official said Thursday. The state-owned port had received 95,333 twenty-foot-equivalent units, or standard-sized containers (TEUs) last year, ...

http://news.xinhuanet.com/english/business/2013-01/03/c_132077675.htm

Cambodia, UAE set to boost cooperation in economics, tourism

Cambodia and the United Arab Emirates (UAE) are in talks to promote bilateral cooperation in trade, investment and tourism on Wednesday. In the meeting, both sides discussed a Memorandum of Understanding (MoU) on aviation in order to enable UAE airlines to operate direct flights from ...

http://news.xinhuanet.com/english/world/2013-01/23/c_132123114.htm

Few S'pore-owned businesses in Cambodia: business owners

PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. In 2011, Singapore invested close ...

http://www.channelnewsasia.com/stories/economicnews/view/1254251/1/.html

Cambodia's economy grows by 7.3% in 2012: PM

Cambodia achieved a GDP growth rate of 7.3 percent last year, Prime Minister Hun Sen said Wednesday, forecasting that the growth would be higher than 7 percent this year. Addressing a conference on 2013 Cambodia Outlook, he said the growth last year came from strong growth ...

http://news.xinhuanet.com/english/business/2013-02/20/c_132180432.htm

Svay Rieng Court Questions Victims in SEZ Shooting Case

The Svay Rieng Provincial Court on Friday questioned three female factory workers who were shot, allegedly by Bavet City Governor Chhouk Bundith, during a protest inside a special economic zone (SEZ) in February, the plaintiffs said. More than 20 union leaders and labor activists also gathered ...

Hello Mobile Posts 27% Growth in Q1 Revenues

Malaysia-based telecommunications firm Axiata Group said yesterday that revenues at its Hello mobile phone operator in Cambodia grew by 27.3 percent to $2.21 million at the end of the first quarter, compared to the same period in 2011. ...

Police Search Home of Luxury Wood Trader in Kratie

The Kratie Provincial Court yesterday issued a search warrant for the home of Chum Vuthy, a man who allegedly trades in luxury wood, in Kratie City, provincial police said. Mr. Vuthy had been transporting a load of illegal lumber from Stung Treng City to Vietnam and ...

Cambodia, Japan Trade Volume Reaches $513 Million In 2011

“Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan’s exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...

http://thesoutheastasiaweekly.com/

City to co-operate in all fields with Cambodia

HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...

http://vietnamnews.vnagency.com.vn/social-issues/226525/city-to-co-operate-in-all-fields-with-cambodia.html

Burger King Says No Plans to Open in Country

U.S. fast-food chain Burger King said yesterday that no one holds the rights to open a branch of its restaurant in Cambodia, despite job advertisements appearing online featuring the company’s logo. . “Currently, we do not have any established franchisee in Cambodia,” Tan Ching Ee, marketing ...

Global insurers expanding in Southeast Asia turn to Cambodia

Two global life insurers are opening offices in Cambodia, one of Southeast Asia’s few untapped insurance markets, as they strengthen their foothold in a region that could eventually be a key driver of revenue growth. Britain’s No. 1 insurer Prudential said on Monday it won in-principle ...

http://uk.reuters.com/article/2012/07/04/cambodia-insurance-pru-manulife-idUKL3E8I32H220120704

China to lend hand in battle with killer virus

China yesterday pledged to provide medical experts and funding to assist the investigation and clinical management of a virus that has killed more than 60 Cambodian children. Eang Sophalleth, personal spokesman for Prime Minister Hun Sen, told reporters the pledge had been made during a meeting ...

http://www.phnompenhpost.com/index.php/2012071157342/National-news/china-to-lend-hand-in-battle-with-killer-virus.html

As US Economy Slows, Investment in Asean Nations Necessary

Siem Reap City – With a host of uncertainties still hanging over the U.S. economy, more than 100 American businesses—the largest delegation to ever visit Cambodia—gathered here over the weekend, and all of them were in agreement about one thing: The slowdown in the U.S. ...

Cambodian population will increase to 18 million in 2030

In a letter to mark the world population day, Prime Minister Hun Sen on Thursday said: “Cambodian population will grow to 18 million in 2030 and 21 million in 2050. Currently Cambodian people are in 1.5 per cent birth rate per year and on average a Cambodian woman delivered 3 babies ...

http://thesoutheastasiaweekly.com/

Business Registrations Up 10.8% in First 6 Months

The number of new businesses registered in Cambodia through the first six months of 2012 reached 1,694, an increase of 10.86 percent compared to the same period last year, according to figures released on Tuesday by the Ministry of Commerce. ...

With Eviction Looming, Cham Fishing Families Live in Fear

Children played along the banks of Phnom Penh’s Chroy Changva peninsula yesterday, while their parents napped under the shade of their bright yellow and blue boat homes. But members of this Cham fishing community overlooking Phnom Penh’s city space said it was a very different scene on ...

NagaWorld Profits Jump in First Half of 2012

Net profits at NagaCorp Ltd., owners of Phnom Penh’s only licensed casino, jumped 38 percent to reach $52.4 million in the first half of 2012 compared to the same period last year, the company said in its most recent financial report. The casino generated a total ...

Work restarts at Xayaburi dam in Laos -project leader

Work has resumed on a controversial $3.5 billion dam across the Mekong River in Laos, its Thai developer said on Thursday, contradicting Laotian assurances it had been suspended following protests over its environmental impact. Laos agreed in December to suspend the Xayaburi dam project and said ...

http://uk.reuters.com/article/2012/08/16/thailand-laos-xayaburi-idUKL4E8JG0Y420120816

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