Trade, Tourism To Get Boost Along Phnom Penh-Bangkok Route

Cambodia and Thailand are poised for a boost in trade and tourism following a new agreement taking effect today that simplifies procedures at a key border crossing between the two nations. “The ability to move people, goods, and vehicles across borders efficiently and responsibly is at the heart of regional economic integration,” said Craig Steffensen, ...

http://thesoutheastasiaweekly.com/

Garment Workers Strike, Demand Higher Wages

About 4,000 workers at the M&V Textile factory in Kompong Chhnang province, which supplies well-known brands such as H&M and Gap, went on strike yesterday morning to demand a pay raise, a union representative said. Meas Sokhen, a representative of the Free Trade Union, said ...

In Phnom Penh, the Vespa Comes Back 'Officially'

“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...

Microsoft's Super Wi-Fi could change game

A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...

Women slow to climb Cambodia's market

Women’s economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...

http://www.phnompenhpost.com/index.php/2012061956865/Business/women-not-on-top-in-market.html

Cambodia Plans To Be Gem And Jewelry Market Supply In Southeast Asia

Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...

http://thesoutheastasiaweekly.com/

The promise of pork

While the Kingdom’s biggest industrial pig farming company is seeing steady growth as the nation’s population and hunger for pork grows, small pig farmers are having a hard time of it in the face of fluctuating prices and lower cost imports from Thailand, according to experts and insiders who came to a recent ...

http://www.etmcambodia.com/blog.php?article=476

Poisonous produce

More than 200 people in Cambodia’s eastern Svay Rieng province were hospitalized after eating imported vegetables from Vietnam that were not properly washed or cooked, the French-based Pasteur Institute of Cambodia has confirmed after running tests. The case has highlighted an already acknowledged need for more domestic vegetable production and less dependency on imported produce. The ...

http://www.etmcambodia.com/blog.php?article=475

Cambodia reports trade deficit of $1.1 b in first 5 months

Cambodia recorded a trade deficit in equivalent to 1.1 billion US dollars in the first five months of this year, according to a report of the Commerce Ministry on Saturday. During January-May period this year, the report showed that the country’s total import and export value ...

http://www.globaltimes.cn/content/715292.shtml

Prime Minister to Attend G-20 Summit Next Week

Prime Minister Hun Sen, in his capacity as Asean chairman, will lead a delegation to Mexico on Monday and Tuesday to attend the Group of 20 summit, the Ministry of Foreign Affairs said. Foreign Minister Hor Namhong will join Mr. Hun Sen at the summit, which ...

Rubber Prices Plummet Despite Increase in Exports

Revenues generated from rubber exports dropped 25 percent to $41 million in the first four months of the year compared to the same period in 2011, as rubber prices on the international market plummeted, according to data released yesterday by the Ministry of Commerce. While rubber ...

Cheap Thai Green Beans Send Local Prices Downward

Large quantities of cheap green bean exports from Thailand are driving down prices of the product in Kompong Cham province by as much as 40 percent compared to the same period last year and forcing farmers to grow other crops, officials and farmers said yesterday. The ...

US Official Meets Asean Leaders Over Corruption

U.S. Ambassador to Asean David Carden met with judges and Justice Ministry representatives from all 10 Asean countries in Phnom Penh yesterday to discuss the importance of fighting against corruption and upholding the rule of law for foreign investors. “Cambodia will prosper if outside investment comes ...

Clinton will attend ASEAN meet in Cambodia

WASHINGTON: US Secretary of State Hillary Clinton said Tuesday that she will take part in next month’s meeting of Southeast Asian nations and regional powers in Cambodia.

Clinton met in Washington with Cambodia’s foreign minister, Hor Namhong, as the developing nation prepares to host this year’s ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1207288/1/.html

Integration for ASEAN legal eagles discussed

More than 70 judges and judicial officials from ASEAN member states attended a US-supported ASEAN workshop in Phnom Penh yesterday to discuss legal and judicial cooperation, the protection of investors and the state of the rule of law in the region.   ...

http://www.phnompenhpost.com/index.php/2012061356766/National-news/integration-for-asean-legal-eagles-discussed.html

Cambodia, Japan Trade Volume Reaches $513 Million In 2011

“Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan’s exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...

http://thesoutheastasiaweekly.com/

City Rounds Up Homeless Before Asean Meeting

Police in Phnom Penh yesterday afternoon began rounding up homeless people as part of the city’s preparations for next month’s Asean Foreign Ministers Meeting, officials said. “We collect them because we don’t want them to affect foreign tourists as we prepare for the arrival of the ...

Rice industry calls for help

Milled-rice exporters have called on the government to continue its efforts in reducing electricity and transportation costs, two of the main obstacles facing the government’s goal of exporting 1 million tonnes of milled rice by 2015. At a working group on rice exports on Friday, 40 ...

http://www.phnompenhpost.com/index.php/2012061156715/Business/rice-industry-calls-for-help.html

Police Search Home of Luxury Wood Trader in Kratie

The Kratie Provincial Court yesterday issued a search warrant for the home of Chum Vuthy, a man who allegedly trades in luxury wood, in Kratie City, provincial police said. Mr. Vuthy had been transporting a load of illegal lumber from Stung Treng City to Vietnam and ...

Cambodian port’s cargo rises 10 percent

The cargo of merchandises including clothes, agriculture products, construction, electronics and other products through the Phnom Penh Autonomous Port (PPAP) has increased 10 percent in the first five months of this year in comparison to the same period last year, according to PPAP’s statistics. ...

http://www.etmcambodia.com/news.php?id=118

Phnom Penh Autonomous Port to push rice exports

Phnom Penh Autonomous Port plans to buy a rice-polishing machine from China, and will also look to build a rice storage facility in Kandal province. These moves, officials said, were intended to push along Cambodia’s rice trade during a period of uncertainty for the industry. Facilities ...

http://www.phnompenhpost.com/index.php/2012060856663/Business/ppap-to-push-rice-exports.html

Stevia Nutra Corporation Set to Launch Stevia Propagation Centre in Cambodia

Stevia Nutra Corporation — (The Company), an Agro-Management company focused on stevia agronomics is pleased to announce that it has successfully acquired 50 acres of prime agricultural land in Cambodia for its new innovative Stevia Propagation Centre (SPC). The property is located just outside the town ...

http://www.marketwatch.com/story/stevia-nutra-corporation-set-to-launch-stevia-propagation-centre-in-cambodia-2012-06-08

Gold Being Sold Fast as Int’l Price Drops

The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...

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