Strategy for ventures: convince yourself
One of the two partners who have created Cambodia’s leading food and beverage company, with 22 outlets, says business is not merely about money, but more about finding a need and serving the need. Kouch Sokly says entrepreneurs need to find out what the market needs ...
Vietnam listed in top five investors in Cambodia
The figures were released at a recent conference reviewing three years of Vietnamese trade and investment promotion in Cambodia, held by the Association of Vietnamese Investors in Cambodia (AVIC) in Phnom Penh. In 2010, Vietnam had only 41 investment projects totaling US$566 million in Cambodia. AVIC has ...
http://talkvietnam.com/2012/12/vietnam-listed-in-top-five-investors-in-cambodia/#.UNvPbqzfmW4
Hong Kong seeking trade ties
During a visit to Phnom Penh this week, Greg So, Hong Kong’s Secretary for Commerce and Economic Development, reiterated Hong Kong’s desire to be inducted into the ASEAN-China Free Trade Agreement and highlighted Cambodia as a potential beneficiary for foreign direct investment from Hong Kong. In So’s view, economic ...
http://www.phnompenhpost.com/index.php/2012103159498/Business/hong-kong-seeks-trade-ties.html
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
Pirated Software May Threaten Garment Firms
Garment factories run the risk of having their cargo confiscated by U.S. customs authorities if they continue using pirated computer software in their administrative operations, and may be prosecuted under a law that requires all manufacturers to use licensed digital software, according to a local ...
http://www.cambodiadaily.com/business/pirated-software-may-threaten-garment-firms-28459/
Cambodia to Cooperate with Korean Prosecutors
Following a meeting in Seoul yesterday, Cambodian officials have reportedly decided to cooperate with South Korean prosecutors in the investigation of Busan Savings Bank Group, where shareholders are suspected of illegally financing $365 million worth of investments in Cambodia, according to Yonhap News. Busan’s ...
Plan for EU-ASEAN summit
Minister of Commerce Cham Prasidh on Wednesday, in a meeting with the European Chamber of Commerce in Cambodia, called on delegates to host an EU-ASEAN business summit next year, according to Eurocham members who were present. The summit is expected to focus on enhancing business strategies ...
http://www.phnompenhpost.com/index.php/2011101452125/Business/plan-for-eu-asean-summit.html
Senate ratifies record draft budget law
The Senate yesterday spent just 90 minutes ratifying the record $2.6 billion budget law for 2012, which will allow the government to borrow up to $1.1 billion from foreign lenders, according to a Senate statement ...
IMF’s Cambodia outlook upbeat
Tokyo: The International Monetary Fund has upgraded its outlook on Cambodian GDP growth in 2011 from 6.5 per cent to 6.7 per cent just days after government officials announced a full percentage-point reduction in economic expectations. Stabilisation in the real estate sector, as well as strong increases ...
http://www.phnompenhpost.com/index.php/2011101752154/Business/imfs-cambodia-outlook-upbeat.html
US, Cambodia Agree to Explore Investment Pact
U.S. Trade Representative Ron Kirk announced Friday that the U.S. and Cambodia have agreed to explore the creation of a bilateral investment treaty that would regulate the rules of foreign direct investment between the two countries, the U.S. Embassy said in a statement. According to the Embassy, such a treaty ...
U.S. to aid Cambodia in agriculture, food security, environment
The United States will sign up to provide 18.5 million U.S. dollars to Cambodia to support the country’s priorities in agriculture, food security, and climate change adaptation and mitigation, according to a media release from the U.S. Embassy here on Thursday. The agreement will be signed ...
http://news.xinhuanet.com/english/world/2012-09/20/c_131863234.htm
KBank sees potential for bancassurance in Laos, Cambodia
Kasikornbank aims to expand its bancassurance business into neighbouring countries after finding that customers in Laos and Cambodia incur higher medical expenses. Pakorn Partanapat, executive vice president, said that the bank has prepared business plans to cope with the Asean Economic Community (AEC), and bancassurance is ...
Cambodia plans 3.1 bln USD for national expenses next year: minister
Cambodia planned to allocate 3. 1 billion U.S. dollars, in equivalent to 19.8 percent of the country’s GDP, for national expenses in 2013, a 12.9 percent rise year-on-year, finance minister Keat Chhon said Friday. Speaking to reporters after a meeting at the National Assembly, the minister ...
Siem Reap sees strong gains
Commercial property prices and rents in Siem Reap have increased by 10 to 20 per cent in the last year, according to the town’s newest real estate agency. Cambodia Properties Limited (CPL) opened its first Siem Reap branch three months ago, recognising a need for sound ...
http://www.phnompenhpost.com/Real-Estate/siem-reap-sees-strong-gains.html
Hun Sen wants more Australian investors
The Prime Minister appealed Wednesday to Australian investors to increase their investments in Cambodia, especially in the agriculture and the tourism sectors. The comments were made during a meeting with the outgoing Australian Ambassador to Cambodia, Penny Richards, at the Peace Palace. He said, because of ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzFhMzAxN2QzNDZ
(English) Commerce minister vows ‘meaningful’ reforms to US investors
Sorry, this entry is only available in អង់គ្លេស (ស.រ.អ). ...
Sophat Soeung
http://www.voacambodia.com/content/commerce-minister-vows-meaningful-reforms-to-us-investors/1944607.html
Japanese companies face domestic employee shortage
Japanese companies are facing a shortage of skilled workers which is hindering progress in Japanese-owned electronic factories, the Japanese Business Association of Cambodia (JBAC) said. The statement comes after the Asian Development Bank said in April that a shortage of skilled workers would continue to hinder ...
រង្វាន់អាជីវកម្មថ្មីៗ
សភាពាណិជ្ជកម្មកម្ពុជា បានចាប់បើកកម្មវិធីស្តីពី “ពានរង្វាន់កម្ពុជាគុណភាព” កាលពីម្សិលមិញ។ ពានរង្វាន់ នឹងត្រូវផ្តល់ជូនអាជីវកម្មណាដែលល្អជាងគេ ក្នុងចំណោមសហគ្រាសខ្នាតតូច និងមធ្យម។ ...
Xueying Chen
http://www.phnompenhpost.com/post-weekend/new-business-prize
‘Rice Dubai 2011’ Sees Dubai as Thriving Re-export Market
DUBAI — The Founding Committee of Rice Dubai 2011 is led by a businessman in Dubai, Dr Faisal Ali Mousa who will lead a core delegation to Cambodia in the first week of September to explore the possibilities of the Royal Government of Cambodia entering ...
Economists See Growth Potential in Stock Exchange
Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...