News

Much to discuss at upcoming regional forum, analysts say

Cambodia and other Southeast Asian countries are preparing for a major regional meeting, which will be held in Burma Aug. 10. Analysts say Cambodia should raise ongoing security issues that threaten regional economic integration at the Asean Regional Forum. The South China Sea issue continues to ...

Khoun Theara
http://www.voacambodia.com/content/much-to-discuss-at-upcoming-regional-forum-analysts-say/1968851.html

Chinese continue to flock as region suffers

Cambodia’s tourism industry has benefited from the unrest that has hit much of the region, with Chinese tourists diverting their routes from problematic areas such as Thailand to the country, according to a report released Thursday by the Sydney-based Center for Asia Pacific Aviation (CAPA). Chinese ...

George Styllis and Cherie Chan
http://www.cambodiadaily.com/business/chinese-continue-to-flock-as-region-suffers-64963/

OIC delegation visits Cambodia

A delegation from the Organization of Islamic Cooperation (OIC) recently visited Cambodia to participate in an international conference organized by the Council for Development of Cambodia under the slogan “Islamic Education and Economic Development in Cambodia” in the capital Phnom Penh. Located in the southern portion ...

Arab News Staff
http://www.arabnews.com/news/604706

Cambodia reports 1.14 bln USD trade deficit in 1st five months

Cambodia recorded a trade deficit of 1.14 billion U.S. dollars in the first five months of 2014, a latest report by the Ministry of Commerce showed Wednesday. Total trade value jumped to 7.32 billion U.S. dollars during the January-May period this year, an increase of 17 ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=226339

New registered businesses increase by 33 percent

The number of newly registered businesses in Cambodia increased 33 percent between January and June this year compared to the same time period last year, according to the latest figures from the Ministry of Commerce released Tuesday. The total number of new businesses increased from 1,401 ...

Kang Sothear
http://www.cambodiadaily.com/business/new-registered-businesses-increase-by-33-percent-62376/

Half-year protest shutters factory

A six-month protest over unpaid bonuses has seen production at a Por Sen Chey district box factory grind to a halt over the past four days, with more than 200 former employees blocking gates and preventing shipments. Former employees at Harta Packaging Industries began barricading gates ...

Mom Kunthear
http://www.phnompenhpost.com/national/half-year-protest-shutters-factory

Mega First boosts spending on Lao dam, Cambodian rubber project

Malaysia's Mega First Corp Bhd says it increased spending on a controversial dam project in Laos and a new rubber project in Cambodia by 45 percent to MYR 50.4 million ($15.7 million) in 2013. Project development expenditure on the Don Sahong dam on the Cambodian border ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MmI4Yzk4ZDQ4MjA

Domestic worker day to see maids rally for rights

About 100 domestic workers planned to gather today in front of the Ministry of Labour to mark International Domestic Workers Day by calling on the government to do more to ensure their rights. Vun Samphors, president of the Cambodian Domestic Workers Network (CDWN), told the Postthat participants ...

Mom Kunthear
http://www.phnompenhpost.com/national/domestic-worker-day-see-maids-rally-rights

Malaysian trade exhibition kicks off in Cambodian capital

The fifth edition of a Malaysian trade exhibition kicked off here on Tuesday, aiming to further promote bilateral trade and investment ties, officials said. The three-day event, held at the Diamond Island Exhibition Center, features 62 Malaysian companies from diverse sectors including construction, business services, industrial ...

Asean-China-Center News Staff
http://www.asean-china-center.org/english/2014-06/12/c_133402783.htm

Bilateral trade with Malaysia up 17.6 percent

Bilateral trade between Cambodia and Malaysia increased during the first quarter this year by 17.6 percent compared to the same period last year, a Malaysian official said Tuesday. Trade increased from $89.63 million to $105.4 million, Rasazlan Abdul Rashid, the Malaysian ambassador to Cambodia, told a ...

Kang Sothear
http://www.cambodiadaily.com/business/bilateral-trade-with-malaysia-up-17-6-percent-61078/

Japan firm buys share of new power plant

In what looks to be a concerted push into the Southeast Asian energy sector, Japanese import and export conglomerate Marubeni Corporation has acquired a large stake of Cambodia’s power generation infrastructure. In a Tokyo Stock Exchange filing dated June 2, Marubeni announced it had purchased a ...

Hor Kimsay
http://www.phnompenhpost.com/business/japan-firm-buys-share-new-power-plant

Cambodia sees big jump in construction investment in first quarter

Cambodia's construction sector received a total investment of 851 million U.S. dollars in the first three months of 2014, up 311 percent compared with 207 million U.S. dollars over the same period last year, the official figures showed Thursday. During the January-March period this year, the ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=219820

Cambodia sees rise of Asean tourists in Q1

Cambodia received 424,300 visitors from Asean countries in the first quarter of the year, up 4 per cent year-on-year. Data from the Tourism Ministry showed tourist arrivals from Association of Southeast Asian Nations (Asean) accounted for 33 per cent of 1.27 million overseas arrivals from January ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1039613

In debt, out of work

They save for months, borrowing from family and friends, even taking out loans, to pour as much as a year’s worth of earnings into the hands of recruiters that may have no intention and certainly have no guarantee of procuring overseas employment. Recruitment agencies, several of ...

Laignee Barron and Phak Seangly
http://www.phnompenhpost.com/national/debt-out-work

Cambodia exports 120,291 tons rice January-April, 2014; up 1.5% from last year

Cambodia exported about 120,291 tons of rice in first four months of calendar year 2014, up about 1.5% from about 118,504 tons rice exported in the same period last year, according to data from the Secretariat of One Window Service of Rice Export Formality (SOWS-REF). ...

Oryza News Staff
http://oryza.com/news/rice-news/cambodia-exports-120291-tons-rice-january-april-2014-15-last-year

Aeon reports record revenue amid ASEAN expansion

Aeon Co, the Japanese firm developing the soon-to-be-opened Aeon Mall on Phnom Penh’s Sothearos Boulevard, has reported a record $62.3 billion in revenue for its financial year ending February 28. The company, which has more than 260 subsidiaries, including the shopping centre development arm Aeon Mall ...

Eddie Morton
http://www.phnompenhpost.com/business/aeon-reports-record-revenue-amid-asean-expansion

Cambodia's foreign trade up 15% amid ongoing political row

Cambodia's trade volume with foreign countries has increased by 15 percent in the first quarter of 2014 even though the internal conflict between the ruling and opposition parties over July election results remains unsolved. The figures of the Commerce Ministry showed Tuesday that the Southeast Asian ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=213997

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