Kingdom to further strengthen agricultural ties with China
Even as more investments from Chinese companies pour into Cambodia and cooperation in the field of agriculture increases, Cambodian agricultural products are expected to be promoted in more international markets, especially the Chinese market. ...
Anthony McGonigle
https://www.khmertimeskh.com/501009473/kingdom-to-further-strengthen-agricultural-ties-with-china/
Promotion of Cambodia’s rice sector discussed
The promotion of Cambodia’s rice sector was further discussed between Ministry of Commerce and Cambodia Rice Federation (CRF) to be able to penetrate more foreign markets, especially the European Union (EU) markets. ...
Khmer Times Staff
https://www.khmertimeskh.com/501244826/promotion-of-cambodias-rice-sector-discussed/
Cambodia Angkor Air plans network and fleet expansion ahead of PAL-backed Cambodia Airlines launch
Cambodia Angkor Air is planning rapid fleet and network expansion as competition intensifies in the Cambodian market. The Cambodian flag carrier is expected to more than double its fleet by the end of 2015 and launch services to several new markets, including mainland China, Hong ...
Cambodia’s e-commerce market eyes $1.78B by 2025
With the growing reach of the Internet, better access to newer technologies, increasing digitization, and rise in income levels, the e-commerce sector in Cambodia is marching ahead on a firm growth path. ...
Prakash Jha
https://www.khmertimeskh.com/501214272/cambodias-e-commerce-market-eyes-1-78b-by-2025/
Covid-19 cash assistance of $1.2B helped labour market
Cambodia’s largest social assistance programme – the Covid-19 cash transfer programme – has played a crucial role in boosting the economy, said the World Bank in its latest report. ...
Rachel David
https://www.khmertimeskh.com/501478392/covid-19-cash-assistance-of-1-2b-helped-labour-market/
Mango exporter targets Hungary and Russia
Mong Reththy Group, an agro-industrial conglomerate that invested heavily in the mango sector, is expanding markets for exports to Russia and Hungary. Group president Mong Reththy said the new markets will increase group exports from Cambodia to 5,000 metric tons a year. ...
Chea Vannak
http://www.khmertimeskh.com/news/36314/mango-exporter-targets-hungary-and-russia/
Salt Harvest Below Forecast
The Kep-Kompot Salt Producers Community says salt production fell nearly 50 per cent below forecasts because of early rainfall, which is assumed to end salt harvesting for the year. Prime Minister Hun Sen, however, has stepped in to ensure that price remains stable. Hun Sen ...
http://www.phnompenhpost.com/2013041965112/Business/salt-harvest-below-forecast.html
MFIs bank returns on rates: report
High returns on investment and healthy interest rates are helping Cambodia’s microfinance sector continue its rapid expansion, according to Cambodia-based investment firm Mekong Strategic Partners. With an average of 22 per cent return on equity and 48 per cent increase in loans across Cambodia’s 27 microfinance ...
Daniel de Carteret
http://www.phnompenhpost.com/business/mfis-bank-returns-rates-report
Chinese-owned shops are on the rise in central Phnom Penh
Informal businesses owned by Chinese nationals are on the rise in central Phnom Penh, especially in Tonle Bassac commune, surrounding Koh Pich. Such businesses have sprung up notably in Central Market, Orussey Market, Sovanna Shopping Mall, Rattana Plaza, as well as Kakab commune across from Phnom ...
Hin Pisei
https://www.phnompenhpost.com/business/chinese-owned-shops-are-rise-central-phnom-penh
Dhipaya Insurance set to open here next year
Thailand’s second-largest insurer is looking to enter the Cambodian market by next year, local Thai media reported yesterday. Dhipaya Insurance announced it has applied for a licence to operate in the Kingdom and is the latest international insurance company planning to offer services in Cambodia’s ...
Post Staff
http://www.phnompenhpost.com/business/dhipaya-insurance-set-open-here-next-year
Porsche seeks niche among Cambodia’s newly-rich
The wizened cyclo driver, cigarette in mouth, muscles taut from pedalling up and down French-style boulevards, is one of Indochina’s enduring romantic images. But cyclos on the streets of Phnom Penh are now outnumbered by another means of transport: the luxury car. But with the urban ...
The Siam Cement PCL : Siam Cement 3Q Net Profit Falls 13% but Meets Forecasts
Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...
Kingdom casts it export net wider to mitigate exit of major US and EU markets
Due to COVID-19’s devastating economic effect causing the collapse of Cambodia’s two major export markets, the United States and the European Union, representing about 75 percent of total market share, is forcing a refocus on expanding the Kingdom’s highly concentrated export market. ...
Harrison White
https://www.khmertimeskh.com/50712402/kingdom-casts-it-export-net-wider-to-mitigate-exit-of-major-us-and-eu-markets/
‘Policymakers still stuck in comfort zone’
As the global economy faces a challenging growth environment, developed and least developed countries are increasingly competing for export markets to spur growth, with many – like Cambodia – aiming to diversify markets as well as products. Cambodia has relied primarily on exports of ...
May Kunmakara
http://www.khmertimeskh.com/news/18178/---policymakers-still-stuck-in-comfort-zone---/
Cambodia’s SMEs Increase
Small and Medium enterprises (SMEs) in Cambodia have so far seen an increase, reaching the number of around 560,000. However, this sector does not grow with reliability and the capacity in business operation does not go to international market standard or standardization of free market. ...
Thou Poeu
http://www.akp.gov.kh/?p=36091
Amid credit expansion, Riel loans minimal
Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/amid-credit-expansion-riel-loans-minimal-66610/
Mobile cash gaining traction
Digital cash services in Cambodia showed marked increases in users and cash flow in 2011, and still more growth is expected this year as operators launch new services and partnerships to capture a large but still-untapped rural market. The services, in which customers transfer money via ...
http://www.phnompenhpost.com/index.php/2012030654867/Business/mobile-cash-gaining-traction.html
New rules for taxmen
Following an order from Prime Minister Hun Sen last month to crack down on intimidation and harassment by tax collectors in local markets, City Hall pledged to take legal action yesterday. Phnom Penh governor Pa Socheatvong told municipal and provincial governors that fines for rogue collectors ...
Vong Sokheng
http://www.phnompenhpost.com/national/new-rules-taxmen
India’s rice dump may impact local exports
With the Indian government set to inject five million tonnes of rice in to its domestic market, Cambodia’s rice producers fear that any spillover into the global rice trade may impact local exports. David Van, acting secretary-general of a newly established Cambodia Rice Federation, said ...
May Kunmakara
http://www.phnompenhpost.com/business/india%E2%80%99s-rice-dump-may-impact-local-exports
Rice exports face challenges from foreigners in Cambodia
Vietnamese rice exporters will face tough competition from foreign countries looking to exploit advantages that Cambodia presents as a beneficiary of the the EBA (Everything But Arms) initiative, says an Econet report. Under the EBA, Cambodia, as a least-developed-country, enjoys zero tariffs and no quotas ...
http://vietnambusiness.asia/rice-exports-face-challenges-from-foreigners-in-cambodia