Don't Envy the Chinese, Gov't Tells Europe
The commerce minister yesterday urged European businesspeople in Phnom Penh to invest more in Cambodia and not to envy the Chinese firms now dominating the foreign investment scene. Speaking at the gathering of the European Chamber of Commerce in Cambodia, Minister of Trade and Commerce Cham ...
Insurance premiums on the rise
The Kingdom’s total insurance premiums rose sharply in the first quarter of the year, compared with the same period the previous year, thanks largely to the growth of the economy and an influx of foreign direct investment, industry insiders said. Official data from the General Insurance ...
http://www.phnompenhpost.com/2013052765846/Business/insurance-premiums-on-the-rise.html
Direct flights set for all ASEAN this year
CAMBODIA will have direct flights to all ASEAN member states this year in order to promote stronger growth of the tourism sector in the Kingdom, according to the Ministry of Tourism. Minister of Tourism Thong Khon said Cambodia will become fully connected to the ASEAN region ...
http://www.phnompenhpost.com/2013022861655/Business/direct-flights-set-for-all-asean-this-year.html
Aviation in the Kingdom soaring with new flights and airport plans
Cambodian aviation continues its ascent with the Oct. 1 launch of Singaporean low-cost carrier Tiger Airway’s daily direct service to Phnom Penh, ongoing airport expansions and the announcement of several new airport projects. Currently, there are more than 20 international airlines offering service to Cambodia for a ...
Cambodia says LDCs need more time for service industries
Cambodia is aiming to persuade all of the World Trade Organization’s (WTO) least developed country members to propose a further suspension of the opening of their service sectors to the WTO’s rich members as the 2013 deadline for the proposal draws nearer. The least developed countries ...
World Bank Report Predicts 6.6 Percent Growth
Cambodia’s economy will grow by an average of 7 percent in each of the next five years, the World Bank said yesterday in a report on the country’s economic outlook. In its periodic update on economies in the region, the World Bank predicted gross domestic product ...
Minister directs mock trading; launch unclear
Finance Minister Keat Chhon joined officials of the Cambodia Securities Exchange (CSX) yesterday to conduct another day of mock trading of stocks ahead of the still-unknown launch of actual operations at the bourse, which opened in July but has yet to see a single stock ...
Joint directive to benefit disabled persons
The Ministries of Land Management and Social Affairs yesterday issued a joint directive requiring all buildings to accommodate those with physical disabilities by building infrastructure such as wheelchair ramps and allocating parking spaces. ...
Sen David
https://www.khmertimeskh.com/50563916/joint-directive-to-benefit-disabled-persons-2/
Kingdom aiming for direct internet access
Cambodia is aiming to no longer rely on Vietnam and Thailand for bandwidth and access to the international internet gateway. Prime Minister Hun Sen during a cabinet meeting on Friday told Post and Telecommunication Ministry officials to look into how the Kingdom can have its own ...
Khuon Narim
https://www.khmertimeskh.com/50654936/kingdom-aiming-for-direct-internet-access/
Direct flights from Japan to start
Direct flights between Cambodia and Japan will start soon after representatives of both countries exchanged Air Service Agreement notes yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/25466/direct-flights-from-japan-to-start/
Government directs support to rice farmers
The government announced yesterday that it would “intervene” to support the price that farmers receive for their paddy rice, though without instituting a price floor or direct subsidies that would jeopardise a free market. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/government-directs-support-rice-farmers
Air France ceases direct Cambodia services
It was a major event for Cambodia. Some 35 years after flying for the last time with a Boeing 707 from Phnom Penh to Paris, French national carrier Air France-KLM was back to the Cambodian capital. The flight was first operated with an Airbus A340-300, ...
http://www.traveldailynews.asia/news/article/50995/air-france-ceases-direct-cambodia
Bangkok- Phnom Penh Operate Direct Bus
The Phnom Penh and Bangkok bus companies will start operating their business this week in a move to integrate the ASEAN region and boost the facilitation of traveling between the two kingdoms, with a hope of attracting more tourists. “The bus link between Phnom Penh and Bangkok will begin this week, Transport Minister, Tram ...
Polling station, police directives handed down
All logos, numbers or signs emblematic of party affiliation are forbidden at polling stations on Election Day, according to a directive released yesterday by The National Election Committee. ...
http://www.phnompenhpost.com/national/polling-station-police-directives-handed-down
Directive aims to stop ELC abuses
Sacred burial grounds and community forests should be granted more protection under a new government proclamation issued this month, but rights groups and land-grab victims are wary that, without proper enforcement, it will amount to little in practice. An interministerial proclamation, or prakas, signed by ...
Phak Seangly
http://www.phnompenhpost.com/national/directive-aims-stop-elc-abuses
Manufacturing to diversify
While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...
http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html
Cambodia Needs To Develop Qualified Tourism Skills, Private Sector Said
Mr. Luu Meng, president of hotel association in Cambodia said this week that Cambodia needs to develop tourism skills to compete with other countries in the ASEAN region as the kingdom has more opportunity to attract foreign visitors. “Our skills of hospitality are limited in the ...
Few S'pore-owned businesses in Cambodia: business owners
PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. In 2011, Singapore invested close ...
http://www.channelnewsasia.com/stories/economicnews/view/1254251/1/.html
MoU to improve tech skills
A Thailand-based technical university yesterday signed two memorandums of understanding (MoUs) with technical training institutes in Cambodia to improve human resources in the technical sector. The MoUs were signed between the Thai Rajamangala University of Technology and the National Polytechnic Institute of Cambodia and the National ...
Revenues up at mail service, but not locally
Revenue at the Cambodia Post (CP), the country’s mail service provider, rose nearly $2 million in the first half of this year, a 10 per cent increase compared to the same period in 2012. But the service still handles mostly international shipments, and is failing ...
http://www.phnompenhpost.com/business/revenues-mail-service-not-locally