Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/
Start-ups rely too much on self-funding
Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. In a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...
http://www.phnompenhpost.com/2013031561965/Business/start-ups-rely-too-much-on-self-funding.html
New Zealand offers $3.8m in mine clearance
The government of New Zealand has provided about $3.8 million in aid to support mine clearance projects in Cambodia. ...
Pech Sotheary
https://www.khmertimeskh.com/50736524/new-zealand-offers-3-8m-in-mine-clearance/
KOICA to offer online course on Cambodia court administration improvement
The Korea International Cooperation Agency (KOICA) Cambodia office will organise an online training programme on “Cambodia Court Administration Improvement (Cambodia)” from Sept. 6 to 17, said a KOICA’s press release AKP received this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/50927016/koica-to-offer-online-course-on-cambodia-court-administration-improvement/
Trade with Thailand increases
Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...
http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html
GMAC head sets clothing export goal
Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia [GMAC] President Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders as the global economy recovered, he said. ...
BBAC event set to lure British firms
The number of British companies operating in the country is expected to increase in the coming years, as the British Business Association of Cambodia (BBAC) gears up to chair the Kingdom’s first Britain in Southeast Asia conference next month. The conference, which is set to draw ...
Hu to Visit Cambodia Just Before Asean Summit
Chinese President Hu Jintao will pay an official state visit to Cambodia between March 30 and April 2, a trip that will coincide with the Asean-European Union Business Summit and will finish just one day before the annual Asean summit commences in Phnom Penh, an ...
Women run Cambodia's street economy: report
Women make up the majority of street vendors selling food, clothes and a range of other retail goods across Cambodia, a new report in the peer-reviewed International Journal of Business has revealed. Using data from Cambodia’s economic census, researchers Nobuo Hirohata and Kazuhiro Fukuyo, from Yamaguchi ...
Cristina Maza
http://www.phnompenhpost.com/national/women-run-cambodias-street-economy-report
Companies pledge to put worker rights before profits
Representatives of the private sector and rights groups met yesterday at a forum on business and human rights to discuss how Cambodia’s growing industry can protect the rights of its workers. ...
Chea Takihiro
http://www.khmertimeskh.com/news/17249/companies-pledge-to-put-worker-rights-before-profits/
Local gold sales spike following Brexit vote
Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset. ...
Hor Kimsay
http://www.phnompenhpost.com/business/local-gold-sales-spike-following-brexit-vote
Japanese investment in light industry desired
Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry sector. ...
Chea Vannak
http://www.khmertimeskh.com/news/34342/japanese-investment-in-light-industry-desired/
Unions and companies alike unhappy with draft changes to law on worker contracts
Both unionists and private sector representatives are unhappy with draft amendments to Cambodia’s Labour Law, which would overhaul the regulations surrounding worker contracts and guaranteed employee protections. ...
Robin Spiess
http://www.phnompenhpost.com/business/unions-and-companies-alike-unhappy-draft-changes-law-worker-contracts
Chinese firm eyes steel mill
One of China’s largest steelmakers is seeking partners in Cambodia to build a steel mill that will reduce the Kingdom’s dependency on imported steel for its construction sector, a company executive said. Weng Wei Min, director of the economic cooperation department at Hangzhou Iron and ...
Cam McGrath and Joey Chua Xue Ting
http://www.phnompenhpost.com/business/chinese-firm-eyes-steel-mill
Bad weather affects border trade, seafood prices
Thailand’s border trade at Chanthaburi has dropped by half due to the heavy rain in many eastern provinces, while erratic changes of weather in the southern provinces has caused the increased price of seafood. Thai-Cambodian Business and Tourism Association vice chairman Sombat Juengtrakul said that ...
http://www.pattayamail.com/business/bad-weather-affects-border-trade-seafood-prices-16869
Conference looks at status of the Kingdom's small but growing insurance sector
While Cambodia’s insurance sector has made significant progress over the past few years, it is still relatively small compared to other countries in the region and faces several hurdles. That was the judgment of Bou Chanphirou, deputy director of the financial industry department in the ...
Microfinance institution Sathapana increases maximum loan limit
Microfinance institution Sathapana has increased its maximum loan size to US$200,000, a 300 per cent increase from the previous level of $50,000. The upgrade in loan size is a result of Cambodia’s good economic climate and the expectation that there will be demand among customers for ...
Small Signs Show Investors Slowly Diversifying in Cambodia
The lastest investment data from the government shows that Cambodia’s economy is moving away from the long-trusted staple of the garment sector and into more compplex industries. For more than a decade, garments have accounted for the lion’s share of the country’s export market as investors shied away ...
Gym membership gets a lift
Two or three times per week Hong Chandara finds the time to unwind from work, family and social responsibilities by exercising at his gym. Meanwhile, entrepreneurs see potential in the fitness service sector, as gyms gain popularity in Cambodia. Meas Sok Dany, owner of the ...
http://www.phnompenhpost.com/2013052965900/Business/gym-membership-gets-a-lift.html
PM to open investment conference
Prime Minister Hun Sen will open Cambodia’s International Investment Conference in Phnom Penh later this year, the International Business Chamber of Cambodia (IBC) said in a statement yesterday. To be held over two days, the event will take place at the Intercontinental Hotel in Phnom Penh, ...
Daniel de Carteret
http://www.phnompenhpost.com/business/pm-open-investment-conference