News

Kingdom, Hong Kong boost ties

Economic cooperation between Cambodia and Hong Kong is on the rise, while the introduction of a new visa extension is also evidence of strengthening relations, officials say. On June 1, Cambodian officials will be able to travel to Hong Kong without a visa and stay ...

http://www.phnompenhpost.com/2013061866316/Business/kingdom-hong-kong-boost-ties.html

Cambodia's largest port sees 14 pct rise in cargo shipment in 5 months

The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...

http://news.xinhuanet.com/english/business/2013-06/12/c_132450037.htm

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

7 Cambodian Workers Arrested at Nike Contractor

Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...

http://abcnews.go.com/International/wireStory/cambodian-workers-arrested-nike-subcontractor-19311324#.Ua1mckDTxe9

Underage, Overworked

Child labour is being used at a footwear factory owned by the same Taiwan-based company as Wing Star Shoes – where two workers were killed in a ceiling collapse this month – numerous employees have told the Post. A former Ying Dong employee said the ...

http://www.phnompenhpost.com/2013052965915/National/underage-overworked.html

Cambodia-Japan trade volume up 14% in 3 months

Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade ...

http://news.xinhuanet.com/english/business/2013-05/14/c_132381154.htm

Cambodia's trade with U.S. down 2 pct in first 2 months

The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...

http://news.xinhuanet.com/english/business/2013-04/16/c_132313606.htm

Cambodia's exports to U.S. down 1 pct in 11 months last year

Cambodia exported products in equivalent to 2.49 billion U.S. dollars to the United States in the first eleven months of 2012, down 1 percent from 2.52 billion U.S. dollars it exported at the same period a year earlier, the report of the U.S. Department of ...

http://english.peopledaily.com.cn/90778/8090542.html

Garment factory worker strikes increased threefold in 2012

Strikes staged by garment and footwear factory workers more than tripled in 2012 compared to 2011, with more than 100,000 workers participating in at least one strike, an official of the Garment Manufacturers Association in Cambodia (GMAC) said yesterday. “Historically, prior to any elections, we will see a ...

http://www.cambodiadaily.com

Cambodia's inflation increases by 1.6 pct in November

Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...

http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm

Exports to US rise by 0.2 per cent

Cambodia’s total exports to the United States increased by 0.2 per cent over the first 10 months of the year, a year-on-year analysis from the US Department of Commerce showed. The data showed exports to the US totalled $2.296 billion between January and October this ...

http://www.phnompenhpost.com/2012122160403/Business/exports-to-us-rise-by-0-2pc.html

Cambodia-U.S. trade reaches 2.2 bln USD in 9 months, up 2 pct

The bilateral C volume between Cambodia and the United States reached 2.2 billion U.S. dollars in the first nine months of this year, a 2 percent rise compared with 2.15 billion U.S. dollars at the same period last year, according to the statistics of the ...

http://news.xinhuanet.com/english/business/2012-11/19/c_131984263.htm

Cambodia issues licenses to 2,606 new firms in 9 months, up 11 percent

Cambodia had granted operating licenses to 2,606 new companies in the first nine months of this year, a 11 percent rise from 2,336 new firms at the same period a year ago, the report of the Commerce Ministry showed Wednesday. Those companies are dealing in the ...

http://www.globaltimes.cn/content/740110.shtml

Slowdown in garment exports from Cambodia

The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=116497

Garment Exports Grow 15% in First Quarter

Garment and footwear exports from Cambodia increased 15.29 percent to $1.29 billion in the first three months of the year compared to the same period in 2011, according to figures released yesterday by the Ministry of Commerce. While exports to the European Union rose 46.76 percent to $376.14 million in ...

Maersk sees a slowing EU

The Cambodia representative for the world’s largest shipping company said exports from Cambodia to Europe grew by more than 60 per cent during 2011, but have since weakened. “Rice exports grew a lot during 2011 and a lot of it went to Poland and France,” ...

Stuart Alan Becker, P. 9
http://www.phnompenhpost.com/index.php/2012050856019/Business/maersk-sees-a-slowing-eu.html

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