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Hun Sen foresees rise in demand for Cambodian rice

Prime Minister Hun Sen is pushing government institutions and businesses to improve the country’s rice production. Investment is required in machinery and warehouses to dry and store rice for export, something Cambodia is discussing with China, Hun Sen said. ...

Hul Reaksmey
http://www.voacambodia.com/content/hun-sen-foresees-rise-in-demand-for-cambodian-rice/3163238.html

Probe into Chinese investment to Sihanoukville still idle

A task force established a month ago to address problems stemming from an influx of Chinese investment to Sihanoukville has not received a single report of illegal businesses or taken any enforcement action, with one official maintaining it was impossible to take “serious” action for ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/probe-chinese-investment-sihanoukville-still-idle

India seeks to enhance trade links

An Indian business delegation visiting Cambodia hopes to boost bilateral cooperation in trade, tourism and transport, officials said yesterday. Meeting with key Cambodian officials, Director General of the Indian Chamber of Commerce said the Kingdom presented many opportunities for  India. ...

http://www.phnompenhpost.com/2013061466268/Business/india-seeks-to-enhance-trade-links.html

Authorities threaten legal action against bootleggers

Local authority yesterday warned businesses and individuals against distributing and selling counterfeit alcohol-based sanitisers or risk facing serious legal actions. ...

Taing Vida
https://www.khmertimeskh.com/50703679/authorities-threaten-legal-action-against-bootleggers/

Journey to circular economy model is ‘well under way’

The government is currently preparing policy and strategy that will promote the circular economy model to the business, investment and local environmental communities. ...

Sok Chan
https://www.khmertimeskh.com/50782648/journey-to-circular-economy-model-is-well-under-way/

Beer Gardens allowed to reopen nationwide

Beer garden patrons and diners need not wait any longer as the once high risk business is now open to all nationwide. ...

Khmer Times Staff
https://www.khmertimeskh.com/50964705/beer-gardens-allowed-to-reopen-nationwide/

Khmer New Year celebration lifts economic recovery hopes

Cambodia ended last week’s three-day holiday of Khmer New Year, when 4.58 million people toured nationwide, a positive move benefiting local tourism-related businesses that have been recovering from the Covid-19 pandemic. ...

Chea Vanyuth
https://www.khmertimeskh.com/501059254/khmer-new-year-celebration-lifts-economic-recovery-hopes/

CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS

Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...

http://thesoutheastasiaweekly.com/?p=1301

Made in Cambodia: Foreign Industry Calls on Cambodia as the Next “Low-Cost” Alternative in All Things Manufacturing

About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...

http://www.cambizreview.com

Cambodia suffering a lack of depth in skilled-worker pool

Kouch Pheng, president of Advanced Glory Logistics Group (Cambodia), is in the business of overcoming obstacles. His Phnom Penh-based freight-forwarding company handles a daily dose of pot-holed roads, unscripted shipping delays and Kafka-esque government red tape – yet still manages to deliver its client’s cargo ...

Ayanna Runcie
http://www.phnompenhpost.com/business/cambodia-suffering-lack-depth-skilled-worker-pool

Insolvency looms in rice sector

The specter of insolvency looms large over the businesses of rice millers in the Kingdom as the government drags its foot in providing emergency loans to bail out the sector, currently reeling from the aftereffects of a severe drought and facing stiff competition from low-grade ...

Chea Vannak
http://www.khmertimeskh.com/news/27470/insolvency-looms-in-rice-sector/

Hope for solving community-level problems as ICT reshapes life in Cambodia

Just ten years ago, Cambodians relied on dingy, storefront Internet businesses if they wanted to get online. Computers were old, power cuts were frequent, and overhead fans creaked along in a failing attempt to keep customers cool as they paid per minute to “surf” the ...

Aun Chhengpor
http://www.voacambodia.com/a/hope-for-solving-community-level-problems-as-ict-reshapes-life-in-cambodia/3360641.html

Chinese ‘looking closely’ at kingdom’s agriculture sector

Increasingly closer ties between Phnom Penh and Beijing are spurring a rise of Chinese investment into the Kingdom, with businesses from the world’s second-largest economy now taking a closer look at Cambodia’s agricultural sector, Chinese officials said during a press tour last week to the ...

Chea Vannak
http://www.khmertimeskh.com/news/24476/chinese----looking-closely----at-kingdom---s-agriculture-sector/

Official exchange rate launched for yuan, riel

The National Bank of Cambodia (NBC) and the People’s Bank of China in the autonomous Guangxi region of southern China have launched an official yuan-riel exchange rate that allows businesses and individuals to conduct trade settlement activities without using the US dollar as an intermediary ...

Hor Kimsay
http://www.phnompenhpost.com/business/official-exchange-rate-launched-yuan-riel

Fair facilitates economic ties with Cambodia

A trade fair to boost ties between Viet Nam and Cambodia opened in Cambodia’s capital Phnom Penh yesterday.. Themed ‘Friendship, Cooperation and Development’, the 2012 Viet Nam-Cambodia International Trade Fair is co-organised by the Ministry of Defence and the Ministry of Industry and Trade. The six-day ...

http://vietnamnews.vnagency.com.vn/Economy/230445/fair-facilitates-economic-ties-with-cambodia.html

Gov’t says female officers wanted at protests

Council of Ministers secretary of state Keo Remy wants to see female police officers controlling female protesters at future demonstrations, he said at a press conference on Friday. Mr. Remy said female protesters have adopted a new “style” of demonstration under the direction of NGOs who ...

Mech Dara
http://www.cambodiadaily.com/news/govt-says-female-officers-wanted-at-protests-60713/

Foreigners, tourists to pay more for entry visas

Foreigners will have to pay additional costs to enter Cambodia following a government announcement earlier this week that visa fees will increase by $10 starting in October. Tourists will have to pay $30 for a one-month entry visa and business visitors $35, up from the $20 ...

Kang Sothear
http://www.cambodiadaily.com/news/foreigners-tourists-to-pay-more-for-entry-visas-66668/

Kingdom ranks second for FDI from VN

The Kingdom ranked second in the first half of the year for overseas Vietnamese investments, receiving about $32 million of the total $263 million outflow from the eastern neighbour. The Vietnamese General Statistics Office (GSO) said from January to June this year, that country’s businesses ...

Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-ranks-second-fdi-vn

Ministry addresses child labour

The Labour Ministry has reminded business owners not to employ minors, while also noting that it has not come across any cases of child labour so far this year. Labour Minister Ith Samheng on Friday said employers must respect and follow labour laws and directives ...

Mom Kunthear
https://www.khmertimeskh.com/50540410/ministry-addresses-child-labour/

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