Mixed results for local dealerships

The new year has brought with it a mixed outlook for the vehicle market, as dealers post both positive and negative sales figures for 2013. Pily Wong, chief executive of Mercedes-Benz and Volkswagen distributor Hung Hiep (Cambodia), said sales had been seriously affected by the Kingdom’s ...

Chan Muy Hong
http://www.phnompenhpost.com/business/mixed-results-local-dealerships

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

Korean deal gives palm sugar farmers pay day

Palm sugar farmers in Kampong Speu province will soon export their goods to South Korea, the senior officer of a grower’s network said on Monday. Sam Saroeun, president of the Kampong Speu Palm Sugar Promotion Association, said an agreement with the Korea Trade Investment Promotion Agency ...

Chan Muy Hong
http://www.phnompenhpost.com/business/korean-deal-gives-palm-sugar-farmers-pay-day

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

Vietnamese Shops Worry Over Possible Violence

Vietnamese business owners and managers in Phnom Penh on Tuesday said they were concerned their shops could become potential targets of ethnically motivated violence as anti-Vietnamese sentiment among protesters increases, but added they would continue to operate as normal—for now. In recent weeks, there has ...

Ben Sokhean and Joshua Wilwohl
http://www.cambodiadaily.com/business/vietnamese-shops-worry-over-possible-violence-50301/

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

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

Rice Exports Rise by More Than 170,000 Tons

Rice exports increased from 205,717 tons in 2012 to 378,856 tons in 2013 as a result of high demand from the European Union as well as countries in Asia, according to figures released Thursday by the Ministry of Agriculture. France imported the most Cambodian milled rice, ...

Hul Reaksmey
http://www.cambodiadaily.com/business/rice-exports-rise-by-more-than-170000-tons-49976/

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

New Tuol Kok Mall to Add to District’s Growth

A new open-air mall sporting high-end luxury shops and restaurants in Phnom Penh’s Tuol Kok district is the latest expansion of the suburban neighborhood, though widespread commercialization of the area could still take years, property executives said Monday. The mall, called TK Avenue, opened Friday at ...

Joshua Wilwohl and Sek Odom
http://www.cambodiadaily.com/business/new-tuol-kok-mall-to-add-to-districts-growth-49777/

Cambodian deputy PM leads delegation to China for bilateral meeting

Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong will lead a group of senior officials representing relevant ministries to attend the first meeting of Cambodia-China Intergovernmental Coordination Committee to be held from Jan. 1 to 3 in Beijing. The Cambodian Ministry of Foreign Affairs said ...

People's Daily Online News Staff
http://english.peopledaily.com.cn/90883/8499809.html

Royal Group makes deal during PM’s official visit

A Royal Group subsidiary has signed a deal with two Vietnamese firms to import fertiliser, a senior official with the company said yesterday. Among several deals agreed to during Prime Minister Hun Sen’s trip to Vietnam this weekend, Nitrogen Chemicals and Fertilizer Cambodia Ltd, the subsidiary ...

Chan Muy Hong
http://www.phnompenhpost.com/business/royal-group-makes-deal-during-pm%E2%80%99s-official-visit

Factories Closed Until Safety Guaranteed

The Garment Manufacturers Association of Cambodia (GMAC) on Sunday said all of the country’s 400-plus garment factories will remain closed until the government and striking trade unions can guarantee the safety of the factories and all employees who want to work. The decision, outlined in an ...

Aun Pheap
http://www.cambodiadaily.com/news/factories-closed-until-safety-guaranteed-49749/

Cambodian PM encourages local businesses to invest in his country

PM Hun Sen made the statement at a meeting with Vietnamese investors in Ha Noi yesterday, which also included Viet Nam’s Deputy PM Nguyen Xuan Phuc and Cambodian Deputy PM cum Minister of Foreign Affairs and International Cooperation Hor Nam Hong. Hun Sen praised Vietnamese businesses, ...

Saigon GP Daily
http://www.saigon-gpdaily.com.vn/National/2013/12/107495/

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