Swine imports spell the end of good fortune for farmers
Three years ago, the high prices for pig livestock inspired Chhoeurng Sarun and many other villagers in Svay Rieng province, near the Vietnam border, to go into small-scale farming. Imports coming over from the Vietnamese and Thai borders flooded the market, and prices fell. Srun ...
http://www.phnompenhpost.com/business/swine-imports-spell-end-good-fortune-farmers
Cambodia predicts 7.6 percent GDP growth in 2013
Cambodia’s economy would grow by 7.6 percent this year, driven by garment exports, agriculture, tourism and construction, according to a preliminary prediction by the Ministry of Economy and Finance on Wednesday. The ministry said that the GDP volume would be around 15.19 billion U.S. dollars and ...
http://news.xinhuanet.com/english/business/2013-07/24/c_132570724.htm
Robust Recovery Continues
Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...
http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html
Most U.S. Firms Plan to Expand Business in SE Asia: Amcham
Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce (AmCham) in Singapore said on Monday. “ASEAN continues to grow in importance for businesses in the ...
http://www.reuters.com/article/2011/09/05/us-firms-asia-idUSTRE78411L20110905
Royal Group plan for Sihanoukville beach cleared of businesses remains a mystery
More than a month after businesses on a prime stretch of Occheuteal Beach were told to pack up and leave, officials in Preah Sihanouk province are still unaware of local conglomerate Royal Group’s plans for the space. Evictions on the beach began around Christmas time, ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/royal-group-plan-sihanoukville-beach-cleared-businesses-remains-mystery
Cambodia sees 15 pct drop in new business registration in 8 months
Cambodian Ministry of Commerce said Friday that it had issued operating licenses to 1,952 new companies in the first eight months of the year, down 15 percent compared with the 2,300 firms over the same period last year. During the January-August period this year, the ministry ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/20/c_132736133.htm
Digitalisation ‘a key driver for small and medium businesses’
Speaking at the Global SME Finance Forum 2020 on moving into the future, the role of digitalisation in promoting SMEs’ access to finance, Chea Serey, director-general of the National Bank of Cambodia (NBC), said SMEs are considered to be a crucial sector for the economy ...
Sok Chan
https://www.khmertimeskh.com/50778833/digitalisation-a-key-driver-for-small-and-medium-businesses/
Documents revealed in massive fraud case
The documents concern a court case brought by representatives of Hong Kong-based Enviro Group Holdings Limited who are suing John Davies and Lim Lian Tho – both former company directors of Phnom Penh based subsidiary Enviro Corporation (Cambodia) Ltd – and Mark McCluskey, a lawyer ...
Boeng Kak Women Meet US Ambassador for Women’s Affairs
Five women from the Boeng Kak lake community met with the U.S. ambassador-at-large for women’s affairs on Saturday in Siem Reap City, asking the U.S. to intervene in their case and put pressure on the Cambodian government to stop violence against women. Meeting on the sidelines ...
Potential seen for National Road 4
Land prices along National Road 4 still have the potential to rise, despite the relocation of a number of factories to National Road 3, property experts say. The price of land goes from $100 to $300 per square metre from Chaom Chao cycle to the ...
http://www.phnompenhpost.com/index.php/Real-Estate/potential-seen-for-national-road-4.html
Cambodia has great potential for FDI
An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEO at Blue Star Strategies, met with ...
http://www.phnompenhpost.com/2013010960687/Business/cambodia-has-great-potential-for-fdi.html
Groups tell ILO to retract ‘right to strike’ claim
An employers and businesses federation that took out paid newspaper advertisements claiming Cambodia’s workers have no fundamental right to strike has hit back at the International Labour Organization (ILO), asking it to retract comments it made in response to the ads. Last week, the Cambodian Federation ...
Shane Worrell
http://www.phnompenhpost.com/national/groups-tell-ilo-retract-%E2%80%98right-strike%E2%80%99-claim
Task force tries to ease tensions between Cambodian and Chinese businesses in Sihanoukville
An interministerial task force has been established to ease simmering tensions between Cambodian and Chinese business owners in the coastal resort town of Sihanoukville, the latest sign that a huge influx of Chinese investment is causing problems on Cambodia’s coast. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/task-force-tries-ease-tensions-between-cambodian-and-chinese-businesses-sihanoukville
BUSINESS IN BRIEF 26/8: Cross-border trade with Cambodia on the rise
Cross–border commodity exchange between Vietnam and Cambodia is thriving thanks to 1,270km of shared border, 10 international gates, 37 main and auxiliary border gates, and nine border economic zones. The southern province of An Giang, which lies on the Cambodian frontier, has two international and two ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/82610/business-in-brief-26-8.html
DPM Prak Sokhonn receives Malaysian business delegation
Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn received a courtesy call by Malaysian business delegation and its partners in Cambodia, consisting of 150 representatives and stakeholders. ...
Khmer Times Staff
https://www.khmertimeskh.com/501142957/dpm-prak-sokhonn-receives-malaysian-business-delegation/
Tourism operators in Cambodia urged to use renewables in business
A Cambodian official and conservationists on Wednesday called on tourism operators to use renewable energy sources like the rooftop solar in their business operations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501151220/tourism-operators-in-cambodia-urged-to-use-renewables-in-business/
EMAXX Telecom Commercially Launches 4G Network, Selects PureWave as Infrastructure Partner
Mountain View, Calif — PureWave Networks, Inc. announced today that it has been selected by EMAXX Telecom (Cambodia) Limited as the operator’s 4G infrastructure vendor. EMAXX Telecom expects to expand its mobile WiMAX network, already commercially operating in the cities of Phnom Penh and Sean ...
Social Enterprises in Cabodia
Cambodia’s economic growth has been on the rise following the global downturn on 2008-2009 and experts say that the private sector is largely responsible for that growth. However, those same experts also acknowledge that the profits generated by companies operating in Cambodia aren’t trickling down ...
Cambodia organizes large-scale trade fair to boost import-export activities
The 7th Cambodia Import-Export Promotion Exhibition kicked off here on Saturday, aiming at promoting local trade and trade between the country and its foreign trading partners. The four-day event, held at the capital’s Diamond Island Exhibition Center, brought together products from 21 countries around the world, ...
http://news.xinhuanet.com/english/business/2012-12/15/c_132042699.htm
Investment law to be revised
The government is planning to revise the Kingdom’s investment laws this year to draw more foreign direct investment as the country adjusts to the fast-changing regional and global landscapes, according to Secretary General of the Council for the Development of Cambodia (CDC) Sok Chenda Sophea. Speaking ...
http://www.phnompenhpost.com/2013030861826/Business/investment-law-to-be-revised.html