Economy and commerce

Evicted Kratie Families Petition Hun Sen for Help

Fifteen villagers representing 18 families from Kratie province involved in an ongoing dispute with the Sovan Vuthy Rubber Company yesterday submitted a petition to the Ministry of Land Management calling for intervention after the company allegedly cleared their farmland. The families say they have lived ...

http://www.cambodiadaily.com

British Minister kicks off SE Asia tour in Cambodia

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ

Porsche seeks niche among Cambodia’s newly-rich

The wizened cyclo driver, cigarette in mouth, muscles taut from pedalling up and down French-style boulevards, is one of Indochina’s enduring romantic images. But cyclos on the streets of Phnom Penh are now outnumbered by another means of transport: the luxury car. But with the urban ...

http://www.gulf-times.com/asean-philippines/188/details/355586/porsche-seeks-niche-among-cambodia%E2%80%99s-newly-rich

Gem event promises to sparkle

Officials are predicting an increase in visitors and a glitzy showcase when the 5th Cambodia Gems and Jewelry Fair opens this Thursday in Phnom Penh. Set in the Diamond Island Convention and Exhibition Centre, the four-day event is drawing buyers and traders to Phnom Penh amid ...

http://www.phnompenhpost.com/2013061066161/Business/gem-event-promises-to-sparkle.html

Bail Requests Denied for All Eight Unionists

The Kampong Speu Provincial Court has denied bail for eight unionists accused of instigating violence at the Sabrina Garment factory last Monday. Kampong Speu Provincial Court judge, Cheum Rithy said yesterday that he had not approved the bail request because significant work remained in questioning ...

http://www.phnompenhpost.com/2013061066173/National/bail-requests-denied-for-all-eight-unionists.html

Tax collection in Cambodia up 24 pct in 5 months

Cambodia’s General Department of Taxation unveiled on Friday that the country collected 395 million U.S. dollars of tax in the first five months of this year, up 24 percent year on year. In May alone, the department collected 73 million U.S. dollars, up 4 percent ...

http://www.asean-china-center.org/english/2013-06/09/c_132443845.htm

Web hacks a risk for banks

Growing cyber attacks on government institutions and infrastructure could pose a threat to Cambodia’s vulnerable banking sector, officials with the National Cambodia Computer Emergency Response Team (CamCert) said yesterday. Speaking at the fifth annual Banking and Microfinance Conference at the Intercontinental Hotel in Phnom Penh yesterday, ...

http://www.phnompenhpost.com/2013060766124/Business/web-hacks-a-risk-for-banks.html

Juneyao Airlines tries flights from Shanghai

Private Chinese carrier Juneyao Airlines is planning to launch direct flights from Shanghai to Cambodia as soon as this month. The move – which has been labelled unrealistic – would also see the airline potentially break into the monopolised route from the Chinese city. The Shanghai-based ...

http://www.phnompenhpost.com/2013060766123/Business/juneyao-airlines-tries-flights-from-shanghai.html

ICT expo is planned for next month

An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...

http://www.phnompenhpost.com/2013060766122/Business/ict-expo-is-planned-for-next-month.html

Cambodia's rice exports up 126 pct in 5 months

Cambodia’s exports of milled rice have sharply increased in the first five months of this year thanks to rising international market demand and country’s rice promotion strategy, an official said Thursday. The country had exported 146,800 tons of milled rice during January-May period this year, up ...

http://news.xinhuanet.com/english/world/2013-06/06/c_132435784.htm

Cambodia urges to boost country's exports

Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...

http://news.xinhuanet.com/english/business/2013-06/06/c_132436133.htm

Mass Ford recall makes local dent

Some 24 Ford Explorer sport utility vehicles in Cambodia are being recalled to fix a potential fuel leak that could cause a fire, company representatives said. The move comes amid a much larger recall of 465,000 units manufactured by the Dearborn, Michigan-based automaker, raising doubts over ...

http://www.phnompenhpost.com/2013060666096/Business/mass-ford-recall-makes-local-dent.html

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