Starbucks to open its first outlet in Vietnam
Global coffee-chain giant Starbucks will enter its 12th Asian market next month when it opens an outlet in Vietnam’s Ho Chi Minh City. RMA Cambodia CEO Rami Sharaf said the expansion into Vietnam did not automatically mean Starbucks would enter Cambodia. “I don’t think there is ...
Local beer to be sold in France
Khmer Brewery, the maker of Cambodia Beer, plans to begin sales to France, the company’s third export market, this month, having tasted success in Japan and Malaysia. It is one of six breweries in the Kingdom, but the only one whose investor base is local. With ...
http://www.phnompenhpost.com/2013040164803/Business/local-beer-to-be-sold-in-france.html
MobiTel, Smart Fight It Out Over Prices
With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...
http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/
Fixed-line users rise
The number of fixed-line telephone subscribers in Cambodia increased by four per cent in 2012 compared to 2011, standing in sharp contrast to a mobile phone subscriber growth of 22 per cent in the same period, statistics show. According to figures from the Ministry of Posts ...
http://www.phnompenhpost.com/2013060466029/Business/fixed-line-users-rise.html
Mobile market still growing
Cambodian mobile operators added more than 1 million new subscribers between May and July, with Smart Mobile seeing the largest percentage increase for the period, according to Ministry of Posts and Telecommunications figures obtained by the Post. Marc Einstein, a Tokyo-based analyst at research and ...
http://www.phnompenhpost.com/index.php/2011090751483/Business/mobile-market-still-growing.html
Salt imports spoil market
Though the Kingdom’s existing salt farms in Kampot and Kep produce enough salt to support domestic consumption, industry experts, however, are worried that a flood of the vital commodity from neighboring countries will spoil the market for Cambodian producers. ...
Chea Vannak
http://www.khmertimeskh.com/news/27907/salt-imports-spoil-market/
Cambodian silk market troubles
Despite steady sales of silk products in the Kingdom, the combination of a lack of skilled labor and cheap imports are adding extra stress to Cambodia’s already beleaguered domestic production, say officials and industry experts. ...
Sok Chan
http://www.khmertimeskh.com/news/28745/cambodian-silk-market-troubles/
Life insurance market grows
Two new life insurance companies will launch operations in Cambodia by the end of this week, aiming to grab hold of a market that has seen rapid expansion in recent years while also creating stronger competition in the emerging industry. ...
Hor Kimsay
http://www.phnompenhpost.com/business/life-insurance-market-grows
Thais eye appliances market
Thailand expects exports of electrical and electronic components and devices to Cambodia to grow to about $50 million this year due to high demand. ...
Chea Vannak
http://www.khmertimeskh.com/news/36510/thais-eye-appliances-market/
Marketing tactics illegal: orgs
Despite implementing a ban on marketing for breast-milk substitutes (BMS) in an effort to boost natural breastfeeding, suppliers of baby formula continue to commit “flagrant violations” of the law by marketing their products illegally and claiming superior health benefits, a new report shows. ...
Taing Vida
http://www.phnompenhpost.com/national/marketing-tactics-illegal-orgs
Cambodia, a potentially lucrative market for Vietnam
Exporting Vietnamese products to Cambodia is beneficial to both countries, however, in order to hold onto this market, Vietnamese firms must remain proactive and consistently advertise their brands and improve quality of their products and services. ...
Sim card crackdown to focus on telecom firms, not vendors
From a simple stall on a street corner in Phnom Penh’s Chamkar Mon district, Khuon Andy sells SIM cards, between 40 and 60 per month. Half of his customers provide identification to make their purchase, and half of them do not. ...
Khy Sovuthy and Meghan Tribe
https://www.cambodiadaily.com/news/sim-card-crackdown-to-focus-on-telecom-firms-not-vendors-95437/
AEON tenants target Cambodia’s middle class
An ice-skating rink, bowling alley, seven-screen cinema and a proverbial catwalk of high-end European and US labels will start vying for a slice of Cambodia’s rising middle class inside the soon-to-open AEON Mall, management with the firm overseeing it confirmed on Saturday. The Japanese-owned shopping centre’s ...
Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/aeon-tenants-target-cambodia%E2%80%99s-middle-class
Grand Twins again delays bourse listing
Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...
Hul Reaksmey
http://www.cambodiadaily.com/business/grand-twins-again-delays-bourse-listing-59958/
Bank of India looks ahead
The Bank of India will move to a larger location on Norodom Boulevard, aiming to attract increased business from both Cambodian and Indian clients, said Chief Manager Sripada Rao. The Mumbai, India-based bank first opened in the Kingdom in 2009 headquartered on the capital’s Monivong ...
Tariffs May Prompt Thaicom Move
Steep price cuts by mobile operator Hello may prompt Thaicom to sell its majority stake in Mfone, according to investment firm Cambodia Capital. Cambodia Capital claims Hello’s drop in the tariffs it charges customers this year has heavily impacted Mfone’s operations, as well as those ...
http://www.phnompenhpost.com/index.php/2011081951137/Business/tariffs-may-prompt-thaicom-move.html
Up to $85M earmarked to develop agro sectors
Representatives of Cambodia’s rice sector and the Ministry of Economy and Finance (MEF) met yesterday with the International Fund for Agricultural Development (IFAD) to discuss the implementation of a five-year program to promote the Kingdom’s agricultural products. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/85m-earmarked-develop-agro-sectors
Siam City Cement to enter Cambodia with local partner
Siam City Cement and the Chip Mong Group will co-build a new cement plant in the Toukmeas district of Kampot by 2015 in order to take advantage of the “huge” demand in Cambodia. The plant will cater specifically to the Cambodian market, although they will also ...
http://www.phnompenhpost.com/Business/siam-city-cement-to-enter-kingdom-with-local-partner.html
Mfone's towers are a hard sell
Nearly a decade ago, Meng Chor inherited a rooftop rental agreement with a telecommunications firm after buying a property on Mao Tse Toung Boulevard. For $300 a month over a 10-year lease, the contract allowed the company that later became Mfone to keep the cell tower ...
http://www.phnompenhpost.com/business/mfones-towers-are-hard-sell
FAO sees slight decline in Cambodian rice harvest this year
Cambodia’s rice harvest is forecast to reach 9.1 million tonnes this year, down from an estimated 9.3 million tonnes last year but up from 8.8 million tonnes in 2011, the Food and Agricultural Organization said Thursday. The estimates were contained in the UN agency’s quarterly Crop ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDBmNGIwNDFiZWY