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Citibank (NYSE:C) sees business opportunities in Cambodia

Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday. During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country ...

http://www.livetradingnews.com/citibank-nysec-sees-business-opportunities-in-cambodia-87222.htm

Hun Sen Asks Businesses to Serve Local Foods

Prime Minister Hun Sen yesterday reiterated comments made by government officials Tuesday that government institutions, hotels and restaurants should begin serving local cuisine and produce to generate more cash flow in the tourism sector. ...

Rats Good Business for Cambodians, Food for Vietnamese

Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...

Cambodian, Chinese entrepreneurs meet to seek business chances

The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...

http://news.xinhuanet.com/english/china/2013-03/05/c_132210667.htm

BUSINESS IN BRIEF 27/2: Cambodia, Laos Rubber

The area under Viet Nam Rubber Group’s cultivation in Laos and Cambodia totals 100,000 ha, including 27,000 ha under the group’s seven rubber projects in Laos. By the end of 2012, VRG had 21 rubber projects in Cambodia, including 19 rubber tree plantations and ...

http://english.vietnamnet.vn/fms/business/67334/business-in-brief-27-2.html

Hong Kong delegation seeks business opportunities in Cambodia

A delegation from China’s Hong Kong Special Administrative Region are currently seeking possibilities to broaden bilateral trade and investment ties in Cambodia. The delegation comprising of business executives from 24 different firms in the financial and professional services, infrastructure and real estate, garments and textiles, telecommunications, ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=Y2Y2MTQ4Zjk2YmR

End right to unionize, businesses ask Hun Sen

Prime Minister Hun Sen told business leaders and government officials Tuesday that he will not tolerate “illegal” labor strikes that harm investment, but avoided judgment on a request to withdraw ratification of a U.N. convention protecting workers’ rights to unionize. Speaking at the 17th Government-Private Sector ...

Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/news/end-right-to-unionize-businesses-ask-hun-sen-53516/

Help Cambodia's garment workers, unions urge Business Secretary

The Business Secretary, Vince Cable, must force British clothing companies to investigate whether garments sourced from Cambodia are made at factories with fair labour practices, the unions have warned. Frances O’Grady, general secretary of the Trade Union Congress, has written to Mr Cable warning that ...

Mark Leftly
http://www.independent.co.uk/news/uk/politics/help-cambodias-garment-workers-unions-urge-business-secretary-9644675.html

Cambodia may present safer base for Taiwanese businesses

Cambodia is a promising target for Taiwanese entrepreneurs seeking cheap labor without risking the social unrest that has surged through Vietnam, according to an economics professor in Taiwan cited in our Chinese-language sister paper China Times. Riots have broken out in Vietnam against China’s oil rig ...

Hong Kai-yin, Huang Tsung-yuan, Tang Yu-lin and Staff Reporter
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140521000069&cid=1202

Raid on coffee business nets 9 illegal Vietnamese

Nine illegal Vietnamese immigrants were arrested during a raid on a coffee importer in Phnom Penh on Monday as part of an ongoing nationwide census of foreigners in the country, an immigration official said. ...

Khy Sovuthy
http://www.cambodiadaily.com/news/raid-on-coffee-business-nets-9-illegal-vietnamese-70411/

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 ...

http://www.phnompenhpost.com/index.php/2011080250793/Business/central-bank-mulls-its-inflation-response.html

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, ...

http://www.phnompenhpost.com/index.php/2012112259885/Business/innovation-essential-for-cambodias-place-in-aec.html

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