Turkey to enhance diplomatic ties with Cambodia

Turkey is willing to establish an embassy residence in Cambodia in order to promote bilateral relations and cooperation between the two countries, the newly- designated ambassador of Turkey to Cambodia, Osman Bulent Tulun said Tuesday. The two countries’ bilateral trade is relatively small. According to ...

http://www.xinhuanet.com/english/

USDA Hikes 2013 Export Projections for Cambodia, India, U.S.

The USDA increased its rice export forecasts for India, Cambodia and the U.S. mainly due to higher production estimates in these countries. Cambodia’s 2013 rice export estimates was increased 150,000 tons to a record 975,000 tons, up about 21% from last year, said the USDA in ...

http://oryza.com/content/usda-hikes-2013-export-projections-cambodia-india-us

Cambodia's employers, trade unions fail to reach agreement on pay rise

The third round of negotiation between Cambodia’s garment and footwear manufacturers and representatives of trade unions on minimum wage increase ended without result on Monday. The talk between the employers represented by Nang Sothy, co- chair of the Government-Private Working Group on Industrial Relations, and Ken ...

http://news.xinhuanet.com/english/business/2013-03/11/c_132225825.htm

Waterways may reduce export costs

Cambodia’s waterways are significantly under-used for the transport of commodities such as rice, and enhanced infrastructure and a review of government fees is needed at the Kingdom’s ports to make exports more competitive, industry experts say. According to figures from the Alliance of Rice Producers and ...

http://www.phnompenhpost.com/2013031261877/Business/waterways-may-reduce-export-costs.html

Farmers of cassava afraid of losing out to a lack of rainfall

The price for cassava plants is increasing in the Kingdom’s north-western provinces, where the new season started. Due to the lack of rain many were damaged, according to farmers and officials. Sreng Sreang, deputy director of the Pailin longan collective, which planted about five hectares of ...

http://www.phnompenhpost.com/2013031261875/Business/farmers-of-cassava-afraid-of-losing-out-to-a-lack-of-rainfall.html

Limited yarn supply troubles Cambodian silk industry

The silk industry of Cambodia is in rapid decline due to limited domestic supply of silk yarn and high cost of imported raw materials. According to the latest data released by the Food and Agriculture Organization (FAO)-Cambodia, the Southeast Asian nation imports 395 tonnes of raw ...

http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=122102

Cambodia’s Economic Growth Will Help Poverty Reduction

Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

http://thesoutheastasiaweekly.com/

Cambodia collects 122 mln USD in tax in last two months

Cambodia’s General Department of Taxation said in a press release on Thursday that the country collected 122 million U.S. dollars of tax in the first two months in 2013, up 27 percent compared to the same period last year. In the whole year of 2012, ...

http://www.asean-china-center.org/english/2013-03/08/c_132218418.htm

Farmers of crocodile say no to skin exports

Cambodian crocodile farmers prefer selling young live crocodiles directly rather than raising crocodiles and selling their skins for export as they believe there is no market, despite officials encouraging crocodile farming for skin exports. Heng Chheng, a crocodile farmer from Battambang, has raised crocodiles since 1984. ...

http://www.phnompenhpost.com/2013030761796/Business/farmers-of-crocodile-say-no-to-skin-exports.html

Rosewood gambit fails

A disguised shipment of nearly eight cubic metres of illegal rosewood worth an estimated $50,000 was snagged yesterday in a Forestry Administration dragnet in Siem Reap province after agents in Banteay Meanchey alerted authorities the shipment was headed their way, Forestry officials said. Siem Reap Provincial ...

http://www.phnompenhpost.com/2013030761814/National/rosewood-gambit-fails.html

Construction costs low, but could rise

Construction costs in the Kingdom have increased only 1.36 per cent year-on-year, compared to Cambodia’s inflation rate, which is projected at 3.5 per cent for 2012, according to a new report from global estate agents CBRE. The company says the minimal increase is due to the ...

http://www.phnompenhpost.com/2013030761790/Real-Estate/construction-costs-low-but-could-rise.html

Volkswagen to be sold in Kingdom

Cambodia’s authorised distributor for Mercedes-Benz will also be selling Volkswagen vehicles in May, as it hopes to cash in on higher growth in the mass-market car sector. Though the sole distributorship deal was signed in 2009, Hung Hiep Group received approval last week from VW to ...

http://www.phnompenhpost.com/2013030761799/Business/volkswagen-to-be-sold-in-kingdom.html

New palm oil plant for $16m

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...

http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html

Birds and eggs banned from entering Thailand from Cambodia; vehicles sprayed at border points

Top officials from the Livestock Development Department inspected the work of the animal quarantine center in Sa Kaew province, located on the shared border with Cambodia. Officials at the quarantine center, situated at Ban Khlong Luek permanent border point, now implements such measures as spraying ...

http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNEVN5603050010002

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