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Gourmet Peanut Producer Brings Local Foods Into the Spotlight

Working out of the back of her home in Russei Keo district, Sothearith Neou and a half dozen of her friends and family roast, caramelize and add herbs to gourmet peanuts from 7 a.m. until late at night—trying to fill a seemingly endless number of ...

Some 1,368 new firms registered in Cambodia in H1, down 19%

The Ministry of Commerce said Monday that it has granted operating licenses to 1,368 new companies in the first half of this year, down 19 percent compared with the 1,694 firms over the same period last year. ...

http://news.xinhuanet.com/english/business/2013-07/15/c_132543010.htm

Cambodia Business Conference opens registration

Cambodia’s business community is anticipating keen interest from overseas investors as registration for the country’s international investment conference opens this week. The International business Chamber (IBC) of Cambodia investment conference will take place on October 6th and 7th at the Intercontinental Hotel in Phnom Penh. The ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjIyZDgyN2M0ZDQ

Number of Japanese firms to surge this year

If industry-watchers were roused last year by the influx of Japanese investment to Cambodia – including bellwether parts manufacturer Minebea – 2012 should not disappoint. Up to 60 new Japanese companies are expected to apply for business licences this year after the number tripled to about ...

http://www.phnompenhpost.com/index.php/2012071257368/Business/number-of-japanese-firms-to-surge-this-year.html

Cambodia: Economic Performance and Reform Update

The Cambodian economy has continued its high growth path as real GDP expanded by 6.9 percent in 2011 and is expected to grow by 6.6 percent in 2012, report from world bank said this week. Cambodia has been one of the fastest growing countries in the world over the past ten years, ...

http://thesoutheastasiaweekly.com/

New palm oil plant for $16m

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...

http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html

NagaCorp raises $156 million from top-up placement

NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...

http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx

Workers Protest at Factory Linked to Manhattan SEZ

More than 3,000 factory workers protested yesterday at the Manhattan Quing Dao Textiles Corp in Kompong Cham Province’s Kompong Siem District to demand that the factory owner abide by an Arbitration Council Ruling issued in late 2010, a union representative said yesterday. The factory web site ...

Net Vegetable Yields Still Miss Demand

Agriculture Minister Chan Sarun said yesterday that Cambodia currently produces only half as many vegetables as it needs to meet demand and that more needs to be done to remedy the situation. “Cambodia only produces 40 to 60 perent of its needs and imports, the ...

New organisation to boost Japan-Cambodia business ties

The official website of the Cambodian Embassy in Japan reported that Cambodian Ambassador Ung Rachana hosted the opening ceremony for the Japan-Cambodia Culture and Business Council (JCBC) on Tuesday. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50630252/new-organisation-to-boost-japan-cambodia-business-ties/

Investors need stable, quality electricity

Stable and quality electricity is needed to attract additional high-value-added manufacturing to Cambodia, but the quality of electricity in the kingdom remains a challenge for investors as the manufacturing sector continues to diversify. ...

Sok Chan
http://www.khmertimeskh.com/news/35501/investors-need-stable--quality-electricity/

UN Rights Envoy Warns Against Continued Landlessness

Surya Subedi, the UN’s human rights envoy to Cambodia, expressed concern Friday over land concessions provided to private companies that are forcing people from their land in the provinces. “the royal government has the primary responsibility for respecting, protecting and fulfilling the rights of its ...

http://www.voanews.com/khmer-english/news/UN-Rights-Envoy-Warns-Against-Continued-Landlessness-151139815.html

Salt farmers extend season by one month

In an effort to make up for the low salt yield this year caused by unexpected rainfall during the dry season, farmers in salt-producing Kep and Kampot provinces said yesterday that they would try to continue harvesting the mineral for another month even though the ...

CATA urges SME Bank to support cruise boat businesses

Small and Medium Enterprise Bank of Cambodia Plc (SME Bank), which is currently reviewing its $50 million budget support for pandemic-hit tourism players in Siem Reap province was asked to consider providing loans to cruise boat businesses along the Tonle Sap River. ...

Nheng Chamrong
https://www.khmertimeskh.com/501416844/cata-urges-sme-bank-to-support-cruise-boat-businesses/

UK to increase trade with Cambodia

British ambassadors and high commissioners from the ASEAN region convened last week in Singapore; among the range of topics discussed was the increase of the UK’s economic involvement in the region. According to Mark Gooding, British Ambassador to Cambodia, UK trade with Cambodia has been increasing ...

http://www.phnompenhpost.com/index.php/2012120560102/Business/uk-to-increase-trade-with-cambodia.html

Telecom regulator warns fee dodgers

The Telecommunication Regulator of Cambodia (TRC) has issued a warning to 15 companies that offer Voice over Internet Protocol (VoIP) services for allegedly failing to pay their annual fees. In a statement published on a local media website on August 22, the TRC demanded the companies ...

Hor Kimsay
http://www.phnompenhpost.com/business/telecom-regulator-warns-fee-dodgers

Thailand's Khon Kaen sees double-digit revenue growth next year

Khon Kaen Sugar Industry KSL.BK, Thailand’s fourth largest sugar producer, expects revenue could grow as much as a fifth next year, fuelled by expansion and a bumper sugarcane crop in 2012/13, the company’s chief executive said on Monday Chalush said sugar production from factories in Laos ...

http://www.reuters.com/article/2012/09/24/us-thailand-sugar-idUSBRE88N05S20120924

European FDI declines, China’s up

European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...

http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html

World Bank Raises GDP Outlook for 2012

The World Bank yesterday raised Cambodia’s gross domestic product outlook for 2012 by 0.1 percent to 6.6 percent, saying that last year’s flooding and the global economic slowdown did not affect Cambodia’s economy as much as first expected. According to the World Bank’s East Asia and ...

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