Trade

Cambodian consumer spending on major domestic appliances such as air conditioners, refrigerators, washing machines and microwave ovens, saw a roughly 22 per cent year-on-year increase over the first six months of 2013, according to Germany-based research institute GfK. The rise comes alongside a 20 per cent ...

In the first seven months of this year, the bilateral trade between Cambodia and the U.S. has reached some US$1.7 billion, up by 3.5 percent if compared to the same period in the previous year, according to the U.S. Trade Department’s figures. ...

Siam Kubota Corporation (SKC), a leading farm truck maker, has partnered with Group Lease to enter the agriculture machine market in Cambodia. Mitsuji Konoshita, chief executive of Group Lease, said the partnership with SKC is a bid to extend leasing service to Kubota’s clients in ...

Some of these ASEAN economies are not like the others. Singapore is 80 times richer than Myanmar and its population lives 20 years longer than Cambodia’s, while Myanmar ranks 50 places behind Cambodia in terms of global competitiveness, according to a wide-ranging analysis from the World ...

A new project by the government and Japan’s aid agency seeks to assist small companies in Cam­bodia that are in need of specialist advice in order to develop and keep up with competitors in neighboring Asean countries. The aim of the two-year program, called “Strategic Strengthening ...

Thailand’s restriction on agricultural imports earlier this year caused dramatic declines for Cambodia’s cassava exports during the harvest season, provincial border officials said yesterday. Cambodia’s exports of cassava reached 288,109 tonnes in the first six months of this year, a decline of 55 per cent from ...

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

In mid-August, on day seven of production at the Coco Khmer social enterprise, the team experienced a setback. Temperatures in the fermenting room must remain between 35 and 40 degrees to produce the organization’s virgin coconut oil, but the temperature on that rainy day refused to ...

Vietnam plans to build 13 new border gates along the boundary line with Cambodia to help boost trade that has already been growing between the two Southeast Asian nations. Vietnam and Cambodia will work out plans to add 13 new border gates over the next seven ...

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Cambodia’s inflation rate has accelerated to 2.9 percent in the first six months of the year, up from 1.8 percent over the same period last year, according to a report of the National Bank of Cambodia (NBC) on Wednesday. “The rate, below 3 percent, is low ...

Ou Seathong sells one of the most expensive foods in the world: edible bird spit. At her shop on Street 182 in Phnom Penh, she sorts edible bird nests on the shelves. Hundreds of years old, the Chinese delicacy is made of the congealed saliva ...

After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...

Cambodia was expected to export as much as 400,000 tons of milled rice in 2013 thanks to rising demand on international markets and the country’s efforts in developing rice industry, Agriculture Minister Chan Sarun said Tuesday. “We project that Cambodia can export up to 400,000 tons ...

About 30 truck drivers transporting fruit blocked National Road 5 in Banteay Meanchey province’s O’Chrou district for an hour yesterday after customs of­ficials arrested six of their fellow drivers for refusing to pay fees they thought were unreasonable, drivers said. Nou Sal, 35, who transports ...

Shallow draft, lack of rail connectivity, uneasy relations with Vietnam, and the general slowdown may leave LM 17, Cambodia’s brand new $28-million container terminal near Phnom Penh, up the strait. Even if the terminal achieves the targeted throughput of 110,000 TEUs (it has moved 70,000 so ...

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business ...

Beer, whisky and strong, home-brewed moonshine have long been Cambodians’ favorite tipples, but with an ever-growing middle class, tastes are changing and if you’re part of the new elite, it is increasingly important to know your Pinot Gris from your Pinot Noir. To help enhance one’s ...

Cambodian and Chinese top diplomats on Wednesday pledged to maintain and further heighten bilateral ties and cooperation for the mutual benefits of the two countries and peoples. The pledge came after a bilateral talk between Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong and visiting ...

Ratchaburi Electricity Generating Holding will cancel its joint-venture agreement with KK Power to build a 1.8-gigawatt coal-fired power plant in Koh Kong province of southwestern Cambodia. Pongdith Potchana, chief executive of Ratch, said yesterday that the company had revised the plan after its analysis indicated that ...

The fourth annual Business and Culture Expo hosted by the Cambodian American Business Association, an event designed to bring together business owners, entrepreneurs and Cambodian community members, will be held Sunday August 25 in the parking lot of the Mark Twain Library. However, the event that ...

When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...

Cambodia has seen a 32 percent rise in dry rubber exports in the first six months of the year, according to the figures of the Ministry of Commerce on Tuesday. Revenues from the exports valued at 76.5 million U.S. dollars during the first half of ...