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Property boom, not bubble

Phnom Penh is changing at a blinding pace, with major new residential and commercial projects set to transform the capital’s skyline within the next five years. Chrek Soknim, CEO of Century 21 Mekong Realty, one of nearly two dozen Century 21 Cambodia affiliates, sees oversupply ...

Igor Kossov
http://www.khmertimeskh.com/news/12684/property-boom--not-bubble/

Chinese companies face culture shock in countries that aren’t like China

Faced with slower growth at home and rising labor costs, Chinese entrepreneurs are seeking foreign markets as never before. But as they rush abroad, they are grappling for the first time with unruly trade unions, independent courts and meddlesome journalists. And for many, navigating the ...

Simon Denyer
https://www.washingtonpost.com/world/chinese-companies-face-culture-shock-in-countries-that-arent-like-china/2015/08/14/a048eb64-3bbd-11e5-88d3-e62130acc975_story.html

CBRE: Cambodia’s bright future

CBRE Cambodia’s latest MarketView report sees strong growth in tourist arrivals resulting in growth in hotel occupancy rates and durations of stay. Quoting Ministry of Tourism statistics, CBRE said Cambodian tourism sector continued to enjoy steady growth over the course of 2013, with the number of ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/06/cbre-cambodias-bright-future/

Cambodia aquaculture thrives amid coronavirus pandemic

Cambodia’s fish farming and aquaculture continue to rise in the local market despite the adverse effects felt in many other sectors in the Kingdom from coronavirus. ...

Som Kanika
https://www.khmertimeskh.com/50731637/cambodia-aquaculture-thrives-amid-coronavirus-pandemic/

Vietnam renews duty-free tobacco quota for 2021

Vietnam extended its 3,000-tonne duty-free quota for Cambodian dried tobacco leaves for 2021 to meet market demand, Ministry of Commerce spokesman Seang Thay confirmed to The Post on March 23. ...

Thou Vireak
https://www.phnompenhpost.com/business/vietnam-renews-duty-free-tobacco-quota-2021

Unseasonable rainfall melts salt production hopes

This year’s salt market will not be as strong as it was last year, with yields and prices expected to drop, according to salt producers in Kampot province. ...

Hin Pisei
https://www.phnompenhpost.com/business/unseasonable-rainfall-melts-salt-production-hopes

Australia assists Cambodia in development of new rice variety

The Australian Embassy in Cambodia claimed that it is supporting the development of fragrant rice varieties. The project is aimed at promoting then quality and market of Cambodian rice exports. ...

Khmer Times Staff
https://www.khmertimeskh.com/50917339/australia-assists-cambodia-in-development-of-new-rice-variety/

Labour shortages in footwear, travel goods: association

Increasing orders for footwear and travel goods from international markets and the opening of new factories in the Kingdom have contributed to labour shortages in the sector, according to Cambodia Footwear Association (CFA) president Ly Kunthai. ...

Hom Phanet
https://www.phnompenhpost.com/business/labour-shortages-footwear-travel-goods-association

Jan-Apr rice exports exceed half a billion dollars

Cambodia netted more than $516 million from the export of paddy and milled rice in the first four months of 2022, despite uncertainty brought upon by Covid-19 outbreaks in key markets. ...

Hom Phanet
https://www.phnompenhpost.com/business/jan-apr-rice-exports-exceed-half-billion-dollars

Multi-sectoral communities demand governments to address land, political, human rights, and employment crises

Land, political, labor, market, agricultural and social rights crises are being addressed by people from diverse communities, demanding that the government address them for the benefit of their livelihoods protected by law. ...

Nhim Sokhon
https://www.vodkhmer.news/2022/11/03/communities-call-on-government-to-resolve-land-political-human-rights-and-employment-crises/

Cambodia set for more bilateral FTAs

The Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. ...

Chea Vanyuth
https://www.khmertimeskh.com/501178750/cambodia-set-for-more-bilateral-ftas/

Cambodia, Indonesia to boost trade, investment, tourism ties

Cambodia and Indonesia have discussed further cooperation in trade, investment and tourism by promoting the export of Cambodian agricultural products to the Indonesian market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501261545/cambodia-indonesia-to-boost-trade-investment-tourism-ties/

GDCE: Tax revenue reduction offset by investment

Cambodia is a signatory to 10 free trade agreements (FTA) which cost the Kingdom over $400 million in lost tax revenue each year. This is nonetheless recovered by the growth of investment and export markets, said the General Department of Customs and Excise of Cambodia ...

Van Socheata
https://www.phnompenhpost.com/business/gdce-tax-revenue-reduction-offset-investment

Cambodia looks to export fish products to EU by 2024

Cambodian fishery products could be exported to the European Union (EU) by 2024 as collaborations aim to implement a control system that meets international market requirements. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-looks-to-export-fish-products-to-eu-by-2024

Cambodia records trade surplus with Vietnam

Cambodia has recorded a trade surplus with Vietnam in the first five months of 2024, making Vietnam the second biggest market for Cambodia’s products after the US. ...

Chea Vanyuth
https://www.khmertimeskh.com/501505080/cambodia-records-trade-surplus-with-vietnam/

Cambodian Rice Exports Double in the First Seven Months

Cambodia exported 221,027 tons of milled rice in the first seven months of the year, an increase of 103 percent compared to the same period last year, according to figures from the Ministry of Commerce. Officials and rice experts said the increase in exports was thanks ...

Lindsey Peterson and Hul Reaksmey
http://www.cambodiadaily.com/business/cambodian-rice-exports-double-in-the-first-seven-months-43062/

Not enough high-quality jobs, group warns

Cambodia does not have enough productive or high-quality jobs available and most employment is informal, which will prevent Cambodians from rising out of poverty, the International Labor Organization (ILO) said Monday at a workshop in Phnom Penh. To help solve the issues affecting the labor market, ...

EU crisis hurting silk sector

Europe’s continued economic troubles have weighed heavily this year on Cambodian silk producers, officials and industry insiders said yesterday. Debt woes in the euro zone, the Kingdom’s main export market for silk, have caused job losses, among other issues, according to officials. Cambodian Craft Cooperation, ...

Rann Reuy
http://www.phnompenhpost.com/index.php/2011120153074/Business/eu-crisis-hurting-silk-sector.html

Deal signed with China over banana exports

The Kingdom on Thursday signed a joint phytosanitary protocol for banana exports to China, with officials saying this was the first move in promoting the product on the world stage. The agreement was signed by the Chinese ambassador to Cambodia Xiong Bo and Agriculture Minster ...

Hin Pisei
https://www.phnompenhpost.com/business/deal-signed-china-over-banana-exports

Half a million landed homes by 2030: VTrust

The document, titled Phnom Penh 2030, showed that landed homes will increase threefold over the next 13 years. The valuation company claims the total currently stands at 150,000 but will hit 450,000 by 2030. VTrust’s report anticipates an average of 25,000 new landed units to hit ...

Thmey Thmey Staff
https://cambodianess.com/article/half-a-million-landed-homes-by-2030-vtrust

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