Economy and commerce

Economic policy and administration

Hun Sen says investment in Cambodia increases sharply

Prime Minister Hun Sen on Monday said that the flow of investment in Cambodia increased sharply from USD2.9 billion in 2012 to USD4.9 billion in 2013. During the 4th Cambodia-Vietnam Conference on Investment Cooperation at Peace Palace, he said the Vietnamese investments also increased, from ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODA4OGVlYjcxNmM

Construction investment notably increases in 2013

Construction investment in Cambodia in the past 11 months of 2013 was worth of USD 2.4 billion or 1526 projects, covering construction area of 7 million sq km, said The Ministry of Urbanization and Construction. The ministry added that compared with the same period of last ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NTEzNDI5N2YzMGE

Japan Asked Government to Protect Its Interests During Strike

Japan has expressed its deep concern about the situation in Cambodia following the deadly crackdown on striking garment workers last Friday, and admitted Thursday that it had contacted the government during the protests to ask for protection of Japanese citizens and companies. Military police armed with ...

Simon Henderson
http://www.cambodiadaily.com/news/japan-asked-government-to-protect-its-interests-during-strike-50399/

Cambodia collects tax of 881 million USD in 2013

The kingdom’s General Department of Taxation had collected 881 million U.S. dollars of taxes in 2013, up 19 percent from 740 million U.S. dollars in a year earlier, a press release said Thursday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/09/c_133031865.htm

Cambodia considering development of expressway to serve growing economy

Cambodia is considering the development of an expressway network to meet the need for the country’s growing economy, Minister of Public Works and Transport Tram Iv Tek said here Wednesday. The minister said many Asian countries, including neighboring Vietnam and Thailand, have formulated their national ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/08/c_133029001.htm

Cambodia's rice export up 84 pct in 2013

Cambodia had exported some 379, 000 tonnes of milled rice last year, up 84 percent from 205,700 tonnes recorded in 2012, government data showed Saturday. Some 84 companies have exported rice to 66 countries and regions around the world, the data said, adding that France, Poland, ...

Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-01/06/c_133021753.htm

Cambodia's industry loses 275 mln USD due to outlawed protests

Cambodia’s garment and shoe industry has lost roughly 275 million U.S. dollars due to outlawed garment strikes in the past two weeks, Van Sou Ieng, President of the Garment Manufacturers Association in Cambodia (GMAC), said Monday. The garment and shoe industry comprise more than 900 ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/06/c_133022880.htm

Cambodia's oil import down 2 pct in 2013

Cambodia imported 1.4 million tonnes of petroleum in the first eleven months of 2013, down 2 percent from the 1.43 million tonnes a year earlier, the data of the Commerce Ministry showed Sunday. During the January-November period, the country spent about 1. 34 billion U.S. dollars ...

Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-01/06/c_133021769.htm

Cambodia says outlawed strikes adversely affect investment climate

Cambodian Ministry of Labor said Friday that outlawed strikes have frightened employers and worsened investment climate in the country. “The ministry calls for the (opposition) Cambodia National Rescue Party and six trade unions to immediately stop inciting workers to commit violence, road blockade, and destruction of ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/03/c_133017093.htm

US urges 'Restraint' in Cambodia after violence

The United States on Friday appealed for peaceful dialogue and denounced violence in Cambodia after police opened fire on protesting garment workers, killing three people. “The United States deeply regrets the recent loss of life in Cambodia during violent clashes between protesters and government security forces,” ...

AFP News Staff
http://www.google.com/hostednews/afp/article/ALeqM5iy83VmwV8EjDuptYbUme3o9-vdPw?docId=a4c09c59-b109-4dc0-9015-bbce4fa08a63

China, Cambodia establish intergovernmental coordination committee

Chinese State Councilor Yang Jiechi and Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong on Thursday co-chaired the first meeting of China-Cambodia Intergovernmental Coordination Committee in Beijing. During the meeting, the two sides achieved broad consensus on enhancing comprehensive strategic partnership of cooperation, said a ...

Ecns News Staff
http://www.ecns.cn/2014/01-03/95372.shtml

Fish exports up 10 per cent from 2012

Cambodia’s fish output rose 10 per cent in 2013 from a year earlier, according to figures from the Ministry of Agriculture, Forestry and Fisheries. Production reached 730,000 tonnes last year, Nao Thouk, director of the ministry’s fishery department, said yesterday. There were 550,000 tonnes of fresh ...

Hor Kimsay
http://www.phnompenhpost.com/business/fish-exports-10-cent-2012

Cambodia’s garments to ship piece by piece

Cambodia’s garment manufacturers might sell fabrics from unfinished clothing orders worth millions of dollars to factories offshore in a last-ditch attempt to meet looming buyer deadlines. The Garment Manufacturers Association in Cambodia (GMAC) issued a letter to the Cambodian government yesterday requesting it to “facilitate” exports ...

Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-garments-ship-piece-piece

Hitachi Sunway Making Inroads Into Cambodia

A Malaysia-Japan joint-venture company, Hitachi Sunway Information Systems Sdn Bhd, is making a foray into Cambodia after securing a deal with Aeon Co to supply point-of-sales (POS) systems to the Japanese retailer. The POS systems will be used to facilitate transactions for the tenants of the ...

Malaysian Digest News Staff
http://www.malaysiandigest.com/business/483263-hitachi-sunway-making-inroads-into-cambodia.html

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