The United States Trade Representative Ron Kirk, President Obama’s Chief Trade Advisor, will be visiting Cambodia’s Siem Reap province on Aug. 30-31 to participate in the 44th ASEAN Economic Ministers’ meetings and the ASEAN-U.S. Business Summit, according to a press release from the U.S. Embassy ...

More than 150 businesses and associations from around the world gathered on Phnom Penh’s Koh Pich yesterday for the launch of the country’s annual food and hospitality exhibition. Two events, the International Food, Drinks and Wine Show and the Cambodian International Hotel, Restaurant and Catering Industry ...

A new real estate joint venture between local Sonatra Group and Japan’s Grand Corp launched a $6.5 million condominium project in BKK1 yesterday. The 26-storey tower, with 50 units, will be built with high-quality, energy-saving Japanese equipment, according to the new firm’s chief executive, Jun Takeguchi. ...

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Japan’s Sumi Wiring Systems Co Ltd launched production of automobile wiring this month, a company official said yesterday. Japanese companies such as Sumi and Minebea, a ball-bearings maker, have helped Cambodia’s manufacturing industry diversify away from garments, the country’s main manufacturing product and export, and Prime Minister Hun Sen ...

RSiam, the country-music business unit of RS Public Company Limited, a Thai entertainment company, is seeking partners in Cambodia and Laos, said RS executive vice president Soopachai Nillawan. RS owns a record label, produces programming for television, makes films, publishes magazines and promotes concerts. ...

The French and German chambers of commerce have both merged into the larger European Chamber of Commerce in Cambodia in order to gain combined strength and be more effective as an interface between European business and the Cambodian government. The agreement is set to be formalised ...

US companies will re-establish their commitment to Cambodia and the region today at the US-ASEAN Business Forum in Siem Reap, a high-profile meeting involving several heads of state and some of the biggest companies in the world. US Secretary of State Hillary Clinton will lead the ...

Phnom Penh– A group of U.S. investors from the U.S.-ASEAN Business Council on Thursday visited Cambodia to observe investment opportunities and to boost trade and investment ties between U.S. and ASEAN member countries. The group consisted of 11 U.S. firms led by Frances Zwenig, the Counselor ...

Total government spending in 2012 is set to reach $2.62 billion, an increase of 9 percent on the $2.4 billion the government had budgeted to spend in 2011, according to a copy of the 2012 draft budget law obtained yesterday. As part of the new budget, ...

The agreement by Mekong River Commission Countries to conduct more studies before they decide on Laos’ proposal for the first Lower Mekong dam received further support on Friday, with an influential US senator and an environmental group welcoming it as an important step in preventing ...

Cambodia’s gross domestic product grew 6.9 per cent year-on-year in 2011, and is set to increase to 6.5 per cent this year, according to preliminary projections from the Ministry of Economy and Finance. Agriculture, which was hit hard by floods last year, climbed 3.3 per cent, ...

With a proposed telecommunications law yet to be approved, the Ministry of Post and Telecommunications yesterday launched the Telcom Regulator of Cambodia (TRC) to handle disputes between mobile phone companies and Internet providers, although officials admitted that the body will have limited powers. .. But unless ...

HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...

The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ...

Prime Minister Hun Sen yesterday said more investment in agriculture was needed to ensure that Cambodia can process its crops and add value to agricultural produce being exported abroad. Speaking at the inauguration of a new cargo port in Kandal province, Mr. Hun Sen said there was an ...

Cambodia reported a 29 percent rise in dry rubber exports in the first five months of 2013, but revenues from the exports rose only 4 percent due to price decline in international markets. Currently, the country has about 300,000 hectares of rubber trees, according to ...

Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...

The World Bank has blacklisted an arm of the company that carried out a much-criticised study into the Xayaburi hydro dam project, it has confirmed. According to the bank’s website, Pöyry Management Consulting Oy Finland has been banned from conducting business with the bank for three ...

In an effort to boost trade activity between Thailand and Cambodia, both countries will discuss plans for two special economic zones along the Thai-Cambodian border next month, according to the secretary of state at the Cambodian Ministry of Foreign Affairs on Monday. “It will provide us ...