Cambodia broadens appeal to woo Chinese visitors
Developing Cambodia as a diverse travel destination and establishing direct flights will help attract more travelers from China, the country’s second largest source market. Cambodian Ministry of Tourism director of marketing and promotion, Visothy So, emphasized that Cambodia needs to brand itself as a destination with ...
Yvonne Chang
http://ttgasia.com/article.php?article_id=23735
Success of live lobster exports sparks market enthusiam in China
A Cambodian firm intends to export more than 1,000kg of live lobsters to China, after its previous test runs proved the product had garnered “substantial market support”. ...
Van Socheata
https://www.phnompenhpost.com/business/success-live-lobster-exports-sparks-market-enthusiam-china
Community building and market linkage at heart of CPP’s agricultural policy
Minister of Agriculture, Forestry and Fisheries, Dith Tina, expressed his dedication to realising the Cambodian People’s Party (CPP) vision for agriculture, which aims to benefit every Cambodian – both producers and consumers. ...
Van Socheata
https://www.phnompenhpost.com/national/community-building-and-market-linkage-heart-cpps-agricultural-policy
Local salt revenues drying up
Salt producers in Kep and Kampot say their revenues have plummeted over the last two years as cheaper and better-quality salt from Thailand floods the local market.Bun Baraing, co-director of the Kep-Kampot Salt Producers Community, said local consumers have switched to imported Thai salt, which ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/local-salt-revenues-drying
Cambodia Boosting Efforts To Attract US Investors
Cambodia is ramping up efforts to attract US investment, especially because it benefits from trade preferences due to its status as a least-developed country, Cambodian Commerce Minister Cham Prasidh says. Cambodian products can be imported duty free to a number of markets, including Europe and ...
http://www.voacambodia.com/content/cambodia-boosting-efforts-to-attract-us-investors/1563626.html
First life insurance company launches in Cambodia
The Kingdom’s first life insurance company, Cambodian Life, launched yesterday, courting a market almost entirely unfamiliar with the service. Industry insiders said demand for the products would need time to grow. The establishment of Cambodian Life in the Kingdom would develop confidence in the market and ...
http://www.phnompenhpost.com/index.php/2012052256297/Business/life-insurance-opens-doors.html
Now add Cambodia to the list of Singapore developer targets
A few weeks ago, OPP.Today explored the issue of why Singapore developers want to strengthen overseas sales, after repeated government market cooling measures have hit both foreign and domestic demand for Singapore property. What is clear is that Singapore developers are looking for new sources ...
Adrian Bishop
http://www.opp.today/now-add-cambodia-to-the-list-of-singapore-developer-targets/#tb3iyiRRrbD1IUFb.97
Apple to officially sell iPhones in Cambodia
Apple Inc. on Friday will officially launch the iPhone in Cambodia through its authorized reseller, iOne, giving customers—long used to gray market iPhones—access to Apple’s warranty. “The sales launch will be July 18. iOne, which has the monopoly right to import Apple’s products to Cambodia’s market ...
Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/apple-to-officially-sell-iphones-in-cambodia-64448/
Thai rice failure hitting Cambodia
While last year was full of good news for Cambodian rice exports, which hit a record-breaking 378,800 tons, 2014 is getting off to a much slower start. Thai Prime Minister Yingluck Shinawatra’s controversial pledge to pay farmers above market rates for their rice is coming ...
Chan Muy Hong and Daniel de Carteret
http://www.phnompenhpost.com/business/thai-rice-failure-hitting-cambodia
Net keeps telcos on their toes
Pressure is mounting on the Kingdom’s telecommunications industry to stay ahead of the game as the demand for data and mobile internet becomes a top priority for Cambodian consumers. As global smartphone manufacturers saturate Cambodia’s market in an effort to meet the demand for new technology, ...
Eddie Morton
http://www.phnompenhpost.com/post-weekend/net-keeps-telcos-their-toes
Quality control gives Kampot pepper more punch
Producers of Kampot pepper have positioned the spice as a high-end product and are working to add value to the internationally recognised brand by ensuring that only the highest quality peppercorns make it to market.Ngoun Lay, president of the Kampot Pepper Promotion Association (KPPA), said ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/quality-control-gives-kampot-pepper-more-punch
Rice millers reined in
The Ministry of Agriculture has taken action to prevent millers from purchasing paddy rice at below market price from farmers, currently struggling to produce enough marketable rice crop to make ends meet. The ministry, in a statement issued on Monday, ordered all provincial agricultural departments to ...
Chea Vannak
http://www.khmertimeskh.com/news/29694/rice-millers-reined-in/
Sumimoto Mitsui sins agreement with Acleda
One of Japan’s biggest banks, Sumimoto Mitsui Banking Corporation (SMBC) signed agreement with Acleda Bank to share market data and banking services. The deal will give Japanese investors information on the economy and offer other banking services and is aimed at improving bilateral trade and investment. The deal would ...
Mixed outlook in Asean for BBL
Bangkok Bank’s international business this quarter is expected to witness a slowdown due to global market uncertainty, while Vietnam, which is an important market for BBL, has been sidelined by currency woes. Cambodia has some 40 banks, 10 of which are foreign. Given the size ...
Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Mixed-outlook-in-Asean-for-BBL-30255115.html
Cambodia milled rice export seen increasing
Cambodia is expected to see a remarkable increase in its milled rice export due to the China market, a recovery in demand in the European Union, and the emergence of new markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501192058/cambodia-milled-rice-export-seen-increasing/
Kingdom exports 157K tonnes of bananas
The export of yellow bananas to international markets last year reached 157,812 tonnes, most of which was exported to China and the rest to Vietnam and Japan, a Ministry of Agriculture, Forestry and Fisheries report showed. There is no data on 2018 banana exports to ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-exports-157k-tonnes-bananas
FASMEC partners to introduce SME clusters
The Federation of Associations of Small and Medium-size Enterprise of Cambodia (FASMEC) will cooperate with the Thailand-based Mekong Institute to train master teachers in an effort to implement a small and medium enterprise (SME) cluster and export consortia in the coming years, according to officials. The two-day workshop ...
Danish Firm Opens Warehouse in Capital
DANISH logistic giant Damco has opened a 6,000-square-metre warehouse facility in Phnom Penh in response to the Kingdom’s growing importance as an emerging market, the company said in a statement. Damco Company (Cambodia), which is part of international conglomerate AP Moller-Maersk Group, said manufacturers have increasingly ...
Agricultural brokerage firm begins operations
Chief Cambodia Holding, a Hong Kong-based brokerage firm, started its operations in Phnom Penh yesterday. The company aims to strengthen Cambodian agricultural products, a company official said. The company reserved $100 million investment capital to connect domestic agricultural producers to the market, Director of Chief Cambodia ...
China's Xinwei becomes country's 10th mobile operator
The government has granted China’s Xinwei Telecom a license to become the country’s tenth mobile phone operator and the second firm to roll out so-called 4G technology, the fastest and most advanced network currently available on the market. Those in the telecommunications industry said that the ...