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Exports to US soar in H1

Cambodia’s shipments to the world’s largest market grew by 30 percent from January to June, the data show. $2.24 billion worth of Cambodian goods were purchased by the US.   ...

Chea Vannak
https://www.khmertimeskh.com/50630230/exports-to-us-soar-in-h1/

Smoother path for agro exports

The ministry of Agriculture plans to establish five regional food safety inspection offices near the country’s borders to facilitate the flow of cross-border agricultural trade, reducing the time it takes Cambodian exporters to deliver shipments of agricultural products to foreign markets, a ministry official has ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/smoother-path-agro-exports

Indian investors warming up to Cambodia

Although bilateral trade between India and Cambodia remains low, investors from the subcontinent are eying the market here for its potential as a regional hub for their agricultural, machinery and industrial products, B. Sarkar, executive director of the Engineering Export Promotion Council (EEPC) of India, ...

Chea Vannak
http://www.khmertimeskh.com/news/21600/indian-investors-warming-up-to-cambodia/

UN promises to improve Cambodian agricultural production

The United Nations Food and Agriculture Organization (FAO) will continue its support for the Kingdom’s food security and agricultural sector, while also helping with market research to assist the export of Cambodian milled rice and geographically-protected pepper products, Foreign Affairs Ministry spokesman Chum Sounry said ...

Ros Chanveasna
http://www.khmertimeskh.com/news/23418//

Nearly 90% of garment factory jobs at risk of automation: ILO

Local industry experts responded yesterday to a new report that warns the majority of Cambodia’s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational producers to move their operations closer to ...

Hor Kimsay and Cheng Sokhorng
http://www.phnompenhpost.com/business/nearly-90-garment-factory-jobs-risk-automation-ilo

Rice exporters face greater scrutiny from China

China has set a yearend deadline for Cambodia to submit a list of all Cambodian rice exporters so that Chinese inspectors can evaluate whether they can fully meet food safety laws in a market Cambodian exporters are hoping to increase exports to, according to an ...

Sok Chan
http://www.khmertimeskh.com/news/18623/rice-exporters-face-greater-scrutiny-from-china/

Sihanoukville tries not to miss the boat

The Seabourn Sojourn, a luxury liner operated by US-based Seabourn Cruise Line Ltd, arrives at Sihanoukville port this morning, delivering hundreds of well-heeled tourists to what industry experts say is a backwater market that is increasingly on cruise ship itineraries, yet still falls short of ...

Ayanna Runcie
http://www.phnompenhpost.com/business/sihanoukville-tries-not-miss-boat

Exports to US bounce back on revised GSP

Exports to the US saw a modest rebound during the first half of the year, benefiting in part from new trade privileges that allow Cambodian-made travel goods to enter the world’s biggest consumer market duty-free, a Garment Manufacturers Association in Cambodia (GMAC) representative said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/exports-us-bounce-back-revised-gsp

Residents plead for resolution

Chroy Changvar district residents affected by the Overseas Cambodia Investment Corporation’s (OCIC) satellite city project have again appealed to authorities to help them solve their land dispute, especially ahead of the upcoming commune elections, instead of the Phnom Penh city hall’s below market value compensation ...

Mom Kunthear
http://www.khmertimeskh.com/news/34306/residents-plead-for-resolution/

MFI credit firm to push deeper into Cambodia

Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last ...

Post Staff
http://www.phnompenhpost.com/business/mfi-credit-firm-push-deeper-cambodia

Japan pledges to boost silk industry

A Japanese beauty company is to invest in Cambodian silk production to supply the local market and export to Asia and the United States. Il Brille, which runs two beauty salons and a shop in Phnom Penh, uses silk in cosmetic treatments and products for customers. ...

Sok Chan
http://www.khmertimeskh.com/news/37173/japan-pledges-to-boost-silk-industry/

Hope replaces fear for street dwellers

For the city’s homeless, Phnom Penh’s busy intersections, pagodas, markets and tourist sites are places of work, where many beg for money, and often lay their heads. Others drag carts or bags around the capital, collecting recyclable waste and scrap materials to sell. ...

Pech Sotheary
http://www.khmertimeskh.com/5083116/hope-replaces-fear-street-dwellers/

Cambodia targets small and medium enterprises from Japan

Prime Minister Hun Sen said that Cambodia was eager to have Japanese investors to build factories and produce goods for exports to the world market. The premier made comments during his meeting on Sunday with Tishimitsu Gotegi, Minister of Ministry of Economy, Commerce and Industry of ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OGMyOTU2M2QzMGI

Rise in digital payments driving force for e-commerce growth in Cambodia

The sharp rise in digital payments is a driving force for the development of e-commerce in Cambodia, Jack Lee, chief executive officer and founder of online market Smile Shop in Cambodia, said on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501111773/rise-in-digital-payments-driving-force-for-e-commerce-growth-in-cambodia/

Better Recovery for Construction and Real Estate Sector

2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...

http://www.cambizreview.com

Private institutions

[[“Actors”,”Expertise/purposes”,”Website”,”Facebook”],[“ Healy Consultants“,”Healy Consultants is a private company that assists multinational clients with business set up in over 200 countries.”,””,”Link“],[“PRASAC Microfinance Institution“,”PRASAC is a private microfinance institution that participated with SME Bank in the SME co-financing scheme. It offers loans to SMEs with an investment ...

Local Farmers Can't Compete With Cheap Pork

Cambodians like pork. The average Cambodian consumes almost 9.29 kg of the meat each year, and local farmers supplied about 2 million pigs, more than 90 percent of the domestic demand, in 2008. But the market for small-scale pig farmers has flown. Live pig prices have fallen ...

Cambodia lacks skilled workforce

Against the backdrop of the slight recovery by world economies, especially the US and Europe, two traditional markets for Cambodia, Asian Development Bank (ADB) deputy country director Peter Brimble sat down with the Post’s group business editor, May Kunmakara, to talk about Cambodia’s economic performance, ...

http://www.phnompenhpost.com/2013011160733/CEO-Talk/cambodia-lacks-skilled-workforce.html

In Phnom Penh, the Vespa Comes Back 'Officially'

“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...

Recovering supply lifts car sales

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

http://www.phnompenhpost.com/2013070466651/Business/recovering-supply-lifts-car-sales.html

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