Economy and commerce

Still No Arrest in Shooting of Special Economic Zone Workers

A day after Interior Minister Sar Kheng revealed that authorities had identified a suspect in the shooting of three female factory workers at a special economic zone (SEZ) in Svay Rieng province, officials yesterday refused to reveal the identity of the gunman, who had still ...

Kingdom must diversify its economy, ADB says [Interview]

“I think when you have an economy that depends on the agricultural sector, there is a need to ensure that we strengthen the linkages between rural and urban areas. Our work also focuses on promoting education so that we can provide better employment opportunities for ...

http://www.phnompenhpost.com/index.php/2012022354678/Business/kingdom-must-diversify-its-economy-adb-says.html

ADB provides Cambodia $69 mil. to improve provincial roads

The Asian Development Bank has provided $69 million for Cambodia to make major upgrades of provincial roads in some of the country’s poorest provinces, according to an ADB statement Wednesday. The Provincial Roads Improvement Project, financed by a $52 million loan from ADB Special Funds and ...

http://mdn.mainichi.jp/mdnnews/business/news/20120223p2g00m0bu134000c.html

Fear, rumours in wake of shooting

Speculation is bubbling in Bavet town over the identity of the man who shot three people protesting outside a shoe factory on Monday, with eyewitnesses, police and villagers suggesting blame lies with town officials. The shooting, which took place outside the Kaoway Sports Ltd factory ...

http://www.phnompenhpost.com/index.php/2012022354684/National-news/fear-rumours-in-wake-of-shooting.html

CSX takes another step toward listing companies

The Securities and Exchange Commission of Cambodia has approved in principle the listing of Phnom Penh Water Supply on the Cambodian Securities Exchange, according to the SECC’s website. The announcement fell a step short from listing approval for PPWS, with the SECC requiring additional paperwork, including ...

http://www.phnompenhpost.com/index.php/2012022254649/Business/csx-takes-another-step-toward-listing-companies.html

Hard investment: Chinese firm eyes Kingdom investment

A Chinese company is aiming to invest in cement production in Cambodia, according to officials at the Ministry of Industry, Mines, and Energy (MIME). The China Triumph International Engineering Company (CTIEC) would become one of Cambodia’s biggest cement producers and would invest in the Kingdom, said ...

http://www.phnompenhpost.com/index.php/2012022154628/Business/hard-investment-chinese-firm-eyes-kingdom-investment.html

Sciaroni in US to Attract American Investment

Brett Sciaroni, the storied founder of Sciaroni and Associates in Phnom Penh, is in Washington for a two-day State Department business conference where he will urge US companies to invest in Cambodia, the firm said in a statement. Mr. Sciaroni will be representing Cambodia as president ...

http://www.camnet.com.kh/cambodia.daily/

Cambodia Faces Tests With 2012 Asean Chairmanship

For the second time in the history of the Association of Southeast Asian Nations, Cambodia has taken over the chairmanship of the 10-nation bloc. The country first chaired Asean in 2002–03, when it had been a member for only three years. Yet the world and the ...

http://www.thejakartaglobe.com/opinion/cambodia-faces-tests-with-2012-asean-chairmanship/499533

Flood-affected poor ‘drowning in debt’

The curse of Cambodia’s 2011 floods continues for those most affected, as they fall deeper into debt from unsustainable cyclical debt practices, a consortium of international NGOs said yesterday. The consortium of Care, Oxfam, Pact and Catholic Relief Services released the results of their January survey ...

http://www.phnompenhpost.com/index.php/2012022354689/National-news/flood-affected-poor-drowning-in-debt.html

Cambodia, China willing to further enhance cooperation in all fields: officials

Cambodia and China are willing to further promote bilateral cooperation in all fields in the framework of ASEAN-China relations, officials said Monday. The commitment was made during the official visit of Ma Mingqiang, secretary general of ASEAN-China Center, to Cambodia. In a meeting with Cambodia’s Minister ...

http://www.asean-cn.org/Item/4586.aspx

Cambodia's Developers Again Aim at Stars

PHNOM PENH — Cambodia’s low-rise capital city is reaching for the sky—again. Long known as one of the last major Asian cities without a skyline, Phnom Penh embarked on a high-rise building boom in the middle of the last decade, only to see it derailed ...

http://online.wsj.com/article/SB10001424052970203315804577207352952177994.html?mod=googlenews_wsj

Workers Protest at Factory Linked to Manhattan SEZ

More than 3,000 factory workers protested yesterday at the Manhattan Quing Dao Textiles Corp in Kompong Cham Province’s Kompong Siem District to demand that the factory owner abide by an Arbitration Council Ruling issued in late 2010, a union representative said yesterday. The factory web site ...

Bank of Tokyo opens Phnom Penh office

Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...

http://www.phnompenhpost.com/index.php/2012022054611/Business/bank-of-tokyo-opens-phnom-penh-office.html

Kingdom nears ASEAN needs

Cambodia has met 70 per cent of the basic requirements needed to join the ASEAN Economic Community (AEC), Prime Minister Hun Sen said yesterday, referring to a recently updated report issued by the economic block. The Kingdom ranked third in preparedness among the 10 ASEAN member ...

http://www.phnompenhpost.com/index.php/2012021754563/Business/kingdom-nears-asean-needs.html

Exports to Korea Climb 100%

Cambodia’s exports to South Korea rose by more than 100 per cent last year, according to officials at the Korea Trade-Investment Promotion Agency (KOTRA). Agricultural and garment exports largely accounted for the surge. KOTRA data shows total exports were worth US$87.3 million in 2011, compared ...

http://www.phnompenhpost.com/index.php/2012020854369/Business/exports-to-korea-climb-100.html

Asia’s Newest Stock Market Is Risk to Investors, Sam Rainsy Says

Investors in Cambodia, tied with Yemen as the world’s 164th-cleanest country for doing business, face risks in a planned stock market because of ineffective financial and legal systems, the country’s exiled opposition leader said. “Among the little dragons of Southeast Asia, Cambodia is the least encouraging,” ...

http://www.businessweek.com/news/2012-02-09/asia-s-newest-stock-market-is-risk-to-investors-sam-rainsy-says.html

Cambodia - Next Oil and Natural Gas Frontier?

U.S. and Japanese companies are interested in prospecting for oil and natural gas in Cambodia. According to Phai Siphan, state secretary and spokesman of the Council of Ministers Office, in the provinces of Preah Vihear, Siemreab, and Kampong Thom there are 17 oil blocs covering ...

http://oilprice.com/Energy/Energy-General/Cambodia-Next-Oil-and-Natural-Gas-Frontier.html

Gas prices at all-time high

Gasoline prices in Cambodia hit an all-time high on Friday, stoking fears of limited fuel reserves and increasing production costs at some of the Kingdom’s businesses. Premium gasoline sold for $1.40 per litre last week, surpassing the $1.38-per-litre price during the global economic slump at the ...

http://www.phnompenhpost.com

Oil production delayed

The Kingdom’s much-hyped deadline of tapping its first oil reserves by December 12 2012, or 12-12-12, will not be met, a government spokesman said yesterday. Chevron Overseas Petroleum (Cambodia) Ltd, which is now exploring the Kingdom’s offshore Block A in the Gulf of Thailand, has notified ...

http://www.phnompenhpost.com

Thais ask Cambodia to curb cassava exports

Thai cassava farmers have asked Cambodia to stop exporting the commodity into Thailand in an attempt to keep prices high and avoid saturating the market, officials said yesterday. Sao Sarat, Pailin provincial cabinet chief, said that Thai government officials representing local cassava farmers met with Pailin ...

Last of Boeng Kak land titles still weeks away

The last of the nearly 800 families from Phnom Penh’s Boeng Kak community who are in line for land titles will not receive their long-awaited ownership records for another “two or three weeks”, a city official said yesterday. The families were spared eviction at the hands ...

Furniture Business On The Rise

More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...

http://www.etmcambodia.com/blog.php?article=197

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

3K4af
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!