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Value of Approved Property Projects Soar

The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...

http://www.cambodiadaily.com/business/value-of-approved-construction-projects-soars-4762/

Royal Palace Road Closures Are Crippling Local Businesses

Owners of local businesses along six streets near the Royal Palace that have been closed to prevent excessive noise during the three-month mourning period for late King father Norodom Sihanouk said yesterday that the road blocks are having a negative impact on their trade. Gated roadblocks ...

Despite health risks, processed meats remain a main course

At a small food shop in Phnom Penh recently, customers crowded in, eating hotdogs and meatballs. These kinds of processed meats are widely popular in Cambodia, and business was brisk. Few here seem to be concerned by new warnings from the World Health Organization that ...

Oum Sonita, Ros Puthineat
http://www.voacambodia.com/content/despite-health-risks-processed-meats-remain-a-main-course/3052068.html

Sharp seals Cambodia PV deal

Sharp has scored its first international order for its transparent PV panels with a 27.5kW deal in Cambodia. The Osaka-based electronics group will provide 290 of its NA-B095AA see-through panels, as well as inverters and balance of plant (BOP) services, for a cafe in a shopping ...

Brian Publicover
http://www.rechargenews.com/solar/asia_australia/article1359643.ece

Japan contributes to ASEAN, India in retail, railway

AEON Mall, a subsidiary of Japan’s largest retailer AEON Group, recently launched its first shopping mall in Indonesia. The Japanese government has also decided to provide Overseas Development Assistance to the country. It includes renovation of aging signal equipments for the Myanmar railways. ...

The Financial Express News Staff
http://bit.ly/1IgT4FZ

Big trouble in little China? Exploring Chinese investment in Sihanoukville

The coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/post-depth-business/big-trouble-little-china-0

Manulife targets Cambodia's growing middle class

Manulife Financial Corp, Canada’s largest life insurer, has set up shop in Cambodia, hoping to tap into an emerging middle class in the southeast Asian country. The move is part of the Toronto-based company’s strategy of targeting profit growth in Asia as part of its plan ...

http://uk.reuters.com/article/2012/06/28/manulife-cambodia-idUKL2E8HS5D120120628?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews

Timber trader charged in Battambang

Battambang Provincial Court yesterday charged and jailed a well-known timber businessman living in Banan district for stocking and transporting luxury timber without authorisation in the province. Major General Cheth Vanny, deputy chief of provincial police, identified the accused as Im Borey, also known as Peach, ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50618149/timber-trader-charged-in-battambang/

Police and Forestry Administration seize illegal wildlife parts

The Forestry Administration and Military Police seized an assortment of wildlife parts, including those from rare and almost extinct species, from a sculpture shop in Chbar Ampov district, Phnom Penh on Monday. One military policeman who participated in the crackdown but asked to remain anonymous ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/police-and-forestry-administration-seize-illegal-wildlife-parts

Rice Natural Development announce $50M tourism hub

Local company Rice Natural Development Plc announced a $50 million joint venture with British and Singaporean investors on Tuesday to develop a coastal tourism hub in Preah Sihanouk province. The project, which will be built on 1.8ha, will include a tourist port comprised of 10 ...

Hin Pisei
https://www.phnompenhpost.com/business/rice-natural-development-announce-50m-tourism-hub

Uber now eyes Cambodia

US-based Uber will conduct a study on the feasibility of operating its ride-sharing services here in Cambodia, its representatives told the Commerce Ministry on Friday. Commerce Minister Pan Sorasak told Uber Asia-Pacific representatives Chan Park and Brian Shroder that the increased proliferation of internet and mobile ...

May Kunmakara
http://www.khmertimeskh.com/news/34343/uber-now-eyes-cambodia/

City Hall considering relocating warehouses

Speaking at a pagoda inauguration on Saturday, Phnom Penh Governor Pa Socheatvong said City Hall is looking to move warehouses and automobile repair shops out of the city centre to the outskirts to reduce pollution and traffic congestion – a move Hun Sen’s sister Hun ...

Kong Meta
http://www.phnompenhpost.com/national/city-hall-considering-relocating-warehouses

Preah Vihear authorities seize more than 2,000 cubic metres of non-timber forest products

Preah Vihear provincial authorities on Thursday cracked down on four illegal processing shops in Tbeng Meanchey district and confiscated more than 2,000 cubic metres of non-timber forest products. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50928890/preah-vihear-authorities-seize-more-than-2000-cubic-metres-of-non-timber-forest-products/

Cambodia e-marketplace set to go online today

The Ministry of Commerce will officially launch an online marketplace today, featuring around a thousand goods produced locally and available for online shopping lovers. ...

https://www.khmertimeskh.com/501050099/cambodia-e-marketplace-set-to-go-online-today/
https://www.khmertimeskh.com/501050099/cambodia-e-marketplace-set-to-go-online-today/

CDC gives $68M hotel project nod for Poipet

The Council for the Development of Cambodia (CDC) has approved a more than $68 million hotel project in Poipet town, it said on Friday. The project, funded by Boonma Heng Co Ltd, aims to build the first four-star hotel in the province, complete with 392 ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-68m-hotel-project-nod-poipet

Postal service to launch e-commerce

The state-owned Cambodia Post will launch an online shopping platform in March in a move to tap the current rise in e-commerce activity. Ork Bora, director-general of the Cambodia Post, told Khmer Times yesterday that after about a year of studying e-commerce, the state-owned enterprise decided ...

May Kunmakara
http://www.khmertimeskh.com/news/33904/postal-service-to-launch-e-commerce/

Heavy spending for Chinese New Year

Chinese-Cambodians have been busier than usual buying decorations and religious items for Chinese Year New which starts today.Shops yesterday were full of customers looking for decorations and other religious items. Flower venders near Sampov Meas pagoda in Phnom Penh were flooded with customers and sellers ...

Chea Vannak
http://www.khmertimeskh.com/news/34805/heavy-spending-for-chinese-new-year/

From Alibaba, a Trove of Cambodian Treasures

From large tracts of rural land to sand from the country’s rivers to human hair, a host of Cambodia’s natural resources are on display in the shop window of China’s largest online trading website. Alibaba.com – which claims more than 80 million users worldwide and is ...

http://www.cambodiadaily.com/business/from-alibaba-a-trove-of-cambodian-treasures-5698/

Tourism will drive food service sector growth zzz

Cambodia will require an additional 1,000 restaurants by 2020 to service the Kingdom’s growing tourism sector, Ministry of Tourism officials say. By 2020, seven million international visitors, and as many as 10 million domestic tourists, were expected to visit the country’s tourist destinations each year, Tith ...

http://www.phnompenhpost.com

Raids net apparel knock-offs

Investigations are continuing after Siem Reap’s economic police conducted four raids last Saturday on shops selling knock-offs of products from US-based outdoor apparel and equipment brand The North Face, police sources said yesterday.The raids were conducted on four stores – Cambodia Outlet, Duty Free Outlet, ...

Ananth Baliga and Thik Kaliyann
http://www.phnompenhpost.com/business/raids-net-apparel-knock-offs

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