Businesses up, reveals survey
Cambodia increased the number of business enterprises it had to 513,759 companies at the end of March last year, up from the 463,363 enterprises accounted for in 2011, according to the final results of the 2014 Cambodia Inter-Censal Economic Survey. ...
Hor Kimsay
http://www.phnompenhpost.com/businesses-reveals-survey
Graduates lacking skills: report
EVEN though about 50 per cent of Cambodian university students studied business management, the banking sector has been hesitant to recruit them, insiders said yesterday. A 2010 report by the recruitment agency HRINC (Cambodia) projected that the supply of business, marketing, management, banking and finance, economics ...
http://www.phnompenhpost.com/2013030561746/Business/graduates-lacking-skills-report.html
Infrastructure spending rises
Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about US$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use. In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun Sen said public ...
http://www.phnompenhpost.com/2013022261558/Business/infrastructure-spending-rises.html
EuroCham Holds First Annual General Meeting
The European Chamber of Commerce (EuroCham) held its first annual general meeting Thursday at the Sofitel Hotel in Phnom Penh where a board of directors was elected and the French and German chambers merged with EuroCham in order to reinforce the interests of European companies ...
http://www.cambodiadaily.com/elections/opposition-asks-donors-to-stop-work-with-government-31421/
US embassy to hold investment webinar
The US embassy in Phnom Penh intends to hold a webinar on doing business in Cambodia, providing information on the benefits and challenges of working in the country for US firms. “This is the first webinar that will focus on investment opportunities and an overview of ...
http://www.phnompenhpost.com/2013042265136/Business/us-embassy-to-hold-investment-webinar.html
Japanese firms seek business options in Cambodia
Representatives of a dozen large Japanese companies arrived in Phnom Penh on Tuesday looking for business opportunities in the kingdom. Hidetoshi Nishimura, executive director of the Economic Research Institute for ASEAN and East Asia, led the delegation, whose members represent firms in industries such as technology, ...
Foreign investment brings Cambodia growth, new issues
Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...
Kingdom officials in on Busan probe: report
South Korea’s Yonhap news agency reported yesterday that Cambodian officials have agreed to assist in the investigation of a scandal ridden South Korean savings bank with investments in the Kingdom. A South Korean investigation has revealed that bank executives and shareholders used deposits to ...
Dams, climate plague Mekong
Villagers in Kratie province have long feared the proposed Sambor hydroelectric dam and the impact it could have on their subsistence fishing and riverbank agriculture. According to Resilience on the Mekong: A Vulnerability and Adaptation Assessment in North-East Cambodia, a report released by the World Wildlife ...
http://www.eco-business.com/news/dams-climate-plague-mekong/
Microfinance: an insider's view
The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...
Meeting sets out action plan for women's economic empowerment
Poor education and a lack of skills are still major challenges for Cambodian women and a recent meeting in Phnom Penh with the Ministry of Women’s Affairs and the United Nations Development Program set out to validate an action plan on women’s economic empowerment that ...
As Cambodia Courts US Business, Old Problems Remain
As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...
U.S. Trade Representative Ron Kirk to Visit Cambodia, Meet with Association of Southeast Asian Nations (ASEAN) Ministers
United States Trade Representative Ron Kirk will be in Siem Reap, Cambodia, August 30-31, to participate in the Association of Southeast Asian Nations (ASEAN) Economic Ministers’ meeting and the ASEAN-U.S. Business Summit. The ten ASEAN countries are key economic and strategic partners for the United States, ...
Ministry on trail of the apple snail
The Ministry of Agriculture, Forestry and Fisheries, along with Prey Veng provincial agriculture experts and villagers in Svay Ourntor district, are taking measures to eradicate golden apple snails, which feed on rice seedlings, agriculture officials said. According to Prey Veng agriculture chief Ouk Samnang, only a ...
Cambodian economy expected to grow 7 pct in 2013: official
Cambodia’s GDP is projected to grow by 7 percent this year even though the global economy remains fragile and high risk due to persisting sovereign debt crisis in Europe and sluggish economic recovery in the United States, a commerce official said Monday. Last Tuesday, the ...
Businesses Told to Close for 8 Days for King Father's Funeral
Business owners in Phnom Penh’s Daun Penh district yesterday said they will not follow a government directive to close their Businesses for eight days in observance of the second mourning period for the late King Father Norodom Sihanouk. The order, which was distributed on Sunday to ...
Japanese delegation seeks business options
Some 140 Japanese investors arrived in Cambodia yesterday to meet with local government leaders and other stakeholders in an effort to boost economic cooperation between the two countries. According to the Japanese Embassy in Cambodia, the delegation arrived in the country yesterday afternoon, following a visit ...
http://www.phnompenhpost.com/2013020861255/Business/japanese-delegation-seeks-business-options.html
Cambodia's Angkor heritage site greets 694,700 foreign visitors in Q1, up 8 pct
Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...
Cassava farmers rely on Thai seed imports
Cassava farmers in Banteay Meanchey province had to import seeds from Thailand this season in response to rapidly-changing weather conditions that interfered with seed growth. Te Haing, a cassava farmer in Banteay Meanchey who planted more than 1,000 hectares this season, told the Post yesterday that ...
http://www.phnompenhpost.com/2013061766299/Business/cassava-farmers-rely-on-thai-seed-imports.html
New report says garment sector fails to meet UN standards
Cambodian garment manufacturers and the association that governs them are failing to meet the standards set by the U.N.’s Guiding Principles on Business and Human Rights, as evidenced by lethal violence against workers during garment strikes in January, when five people were shot dead and ...
Lauren Crothers
http://www.cambodiadaily.com/news/new-report-says-garment-sector-fails-to-meet-un-standards-54191/