Cambodian, Chinese firms sign deals for business cooperation
Cambodian and Chinese companies on Monday signed five agreements for business cooperation and joint ventures in construction and agriculture. The deals were signed on the sidelines of an annual Cambodia Import-Export Exhibition here under the presence of Cambodian Commerce Ministry Secretary of State Kem Sithan. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141215/cambodian-chinese-firms-sign-deals-business-cooperation
Business input sought on use of donor funds
Business has been encouraged to have more input into the allocation of donor money spent on projects aiming to boost trade in the Kingdom. Speaking during a panel discussion yesterday at a conference on government-private sector partnership, representatives from both government and development agencies said the ...
Chan Muyhong
http://www.phnompenhpost.com/business-input-sought-use-donor-funds
Smugglers of wood are busy before rainy season
More and more wood is being smuggled across the southwestern border. Smuggling prevention agencies said they had discovered many consignments of wood illegally imported from Laos and Cambodia across the border. ...
Vietnamnet News Staff
http://bit.ly/1Qrrkyq
We want your business, UN tells local firms
The $1.6-billion Untac mission of the early 1990s injected a huge amount of money into Cambodia’s economy. Now, the U.N. wants to pump millions more into the country—this time by buying up the offerings of local businesses. ...
Kang Sothear and Chris Mueller
https://www.cambodiadaily.com/news/we-want-your-business-un-tells-local-firms-85035/
Japan becomes China’s business rival in Cambodia
Prime Minister Hun Sen returned Monday from a weekend in Japan that included a day-trip 1,000 kilometers south of Tokyo to Yamaguchi Prefecture, home base of Prime Minister Shinzo Abe. ...
James Brooke
http://www.khmertimeskh.com/news/12948/japan-becomes-china---s-business-rival-in-cambodia/
Businesses foresee challenge from EU-VN trade deal
Industry insiders say that the looming Vietnam-EU free trade agreement, which gives Cambodia’s neighbour duty-free exports to the European market, may not have and immediate impact, but will potentially eat into similar advantages the Kingdom enjoys in the longer-term. ...
Ananth Baliga and Ayanna Runcie
http://www.phnompenhpost.com/business/businesses-foresee-challenge-eu-vn-trade-deal
Boost to tourism-related business
More than 30 percent of tourism-related businesses have resumed operations after closing or suspending work since March this year because of COVID-19, according to a senior official at the Ministry of Tourism. ...
Sok Chan
https://www.khmertimeskh.com/50760394/boost-to-tourism-related-business/
Tycoon lands surprise
Mong Reththy, former advisor to Prime Minister Hun Sen has said that investors should use local residents on their land concessions rather than evicting them and hiring outsiders. According to a US diplomatic cable released by WikiLeaks Mr. Reththy is “Hun Sen’s Money Man” and ...
http://www.phnompenhpost.com/index.php/2011072850694/National-news/tycoon-lands-surprise.html
Central bank mulls its inflation response
Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday. Increases in commodity prices and petroleum has led to rising ...
Innovation essential for Cambodia’s place in AEC
An official at the Ministry of Industry, Mines and Energy expressed concern that if the quality of Cambodian produced goods does not improve, Cambodia is likely to become largely a retailer of foreign goods when the ASEAN Economic Community (AEC) is realised in 2015. Meng Saktheara, ...
Opportunities for Cambodian growth
China’s transition from export-led to domestic-led growth, combined with the rising costs of production, could provide opportunities for Cambodian growth and diversity, analysts say. Faisal Ahmed, the IMF representative for Cambodia, said the Kingdom was already experiencing an increase in trade activity as a result of ...
http://www.phnompenhpost.com/2013012560983/Business/opportunities-for-cambodian-growth.html
Clinton visit sparks hope
US Secretary of State Hillary Clinton arrives in Phnom Penh today for diplomatic and business talks with China and ASEAN’s 10 member states, but rights groups and opposition parties are counting on the state of human rights in Cambodia to be a top priority as ...
http://www.phnompenhpost.com/index.php/2012071157348/National-news/clinton-visit-sparks-hope.html
Cambodia's World Heritage Angkor Wat attracts 2.06 mln foreigners in 2012
Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, received 2.06 million foreign visitors last year, up 28 percent compared to 1.61 million in a year earlier, a tourism report said Tuesday. The temple greeted 339,530 South Koreans last year, up 23 percent year-on-year; ...
http://news.xinhuanet.com/english/culture/2013-01/15/c_132103894.htm
Mondolkiri, Kompong Thom Face Climate Threat
Mondolkiri and Kompong Thom provinces could suffer some of the most extreme effects of climate change in the Lower Mekong Basin region, such as a high incidence of flash floods and droughts by 2050, according to a new study. Analyzing temperature and rainfall from 84 provinces ...
http://www.cambodiadaily.com/news/mondolkiri-kompong-thom-face-climate-threat-17224/
Cambodia records 1.32 bln USD trade deficit in H1
Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...
http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm
Right to strike ‘Fundamental’
A labour law expert from the International Labour Organization yesterday rejected claims made by Cambodian factories and employers associations that workers in the Kingdom have no fundamental right to strike. In a paid advertisement in the Post yesterday, the Garment Manufacturers Association in Cambodia (GMAC) and ...
Shane Worrell and Mom Kunthear
http://www.phnompenhpost.com/national/right-strike-%E2%80%98fundamental%E2%80%99
Cambodian PM, businessmen head to Nanning for 11th ASEAN-China Expo
Cambodian Prime Minister Hun Sen, accompanied by businesspeople and senior officials, flew to Nanning City of southwest China’s Guangxi province on Monday to attend the 11th ASEAN-China Expo. Senior officials accompanying the prime minister included Commerce Minister Sun Chanthol, Governor of the National Bank of Cambodia Chea ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/15/c_133643051.htm
Koh Kong king bowed out of 'blood sugar' firm
A sugar company originally part-owned by ruling party Senator Ly Yong Phat that has long fought villagers over a land dispute in Koh Kong province is now under the complete control of two foreign-owned companies, statements released by the firms last week reveal. The Mitr Pohl ...
Controversial Pöyry tapped for Xayaburi
Multinational consulting and engineering firm Pöyry has signed a contract with the Lao government to supervise construction of the divisive Xayaburi hydropower dam in the country’s north, it announced Friday. This work, carried out by its Energy Business Group, will include reviewing the design and ...
Ministry Lists Fees to Help Firms Avoid Graft Claims
The government has publicly issued lists showing the costs of fees that businesses must pay to authorities for various services, in an effort to help companies avoid making informal payments made illegal by the anticorruption law. The lists were drafted during the past year after Cambodia ...
http://www.cambodiadaily.com/news/ministry-lists-fees-to-help-firms-avoid-graft-claims-8434/