British companies eye on Cambodia on education, construction and finance services

Considering the growth potential of US$400-million worth in bilateral trade between the United Kingdom and Cambodia for the past five years, the British Trade and Investment office plans to establish its permanent branch in Phnom Penh. British companies are eyeing investment opportunities in education, construction and ...

http://www.etmcambodia.com/news.php?id=49

Investors eye Meoun Chey border

Chinese, Korean and local investors have shown interest in Meoun Chey border crossing in Prey Veng province’s Komchay Mear district between Cambodia and Vietnam, provincial officials said yesterday. Komchay Mear district governor Prak Savann said the potential investors are looking for land in the area to ...

http://www.phnompenhpost.com/index.php/2012051756211/Business/investors-eye-meoun-chey-border.html

US Packager to Open Plant in Sihanoukville

American packaging firm Crown Holdings Inc. announced Tuesday it would build a new can manufacturing plant in Sihanoukville that will become operational in the second half of 2013. Although it did not say how much the project was worth, the factory will produce 725 million 33 ...

TTY to open $6m rice milling plant in 2013

Cambodian-owned TTY corporation will invest US$6 million in a rice milling plant in Kampong Speu province, company officials said yesterday. Heng Sarath, TTY deputy director, said the factory would be built on national road 6, and would mill 20 tonnes of rice per year. Construction is ...

http://www.phnompenhpost.com/index.php/2012051656175/Business/tty-to-open-6m-rice-milling-plant-in-2013.html

Hun Sen praises local investors in Cambodia

Prime Minister Hun Sen lauded the capability of local Cambodian investors who can build factories by their own efforts on May 14 during the inauguration ceremony of the US$-60 million Cambodia Beer Factory, which is totally owned by Cambodians. ...

http://www.etmcambodia.com/news.php?id=29

Cambodia suspends new land concessions to companies

Cambodia’s government, facing growing protests by villagers and warnings about disappearing wilderness, suspended the granting of land to domestic and foreign companies on Monday in a move to curb forced evictions and illegal logging. Rights groups in the impoverished but resource-rich Southeast Asian country said the ...

http://af.reuters.com/article/metalsNews/idAFL4E8G79HB20120507

China Exim Bank to put $235m in steel, media

The Export-Import Bank of China (Exim Bank) planned to invest US$235 million in two Cambodian mega projects, one of which was the modernisation of a TV station that one analyst said might not be necessary given the country’s level of development. During a meeting with Prime Minister ...

http://www.phnompenhpost.com/index.php/2012050756004/Business/china-exim-bank-to-put-235m-in-steel-media.html

Talks on for Cambodian tablet

Mobile payment company Wing was in talks on partnering with a US technology firm that plans to assemble Android tablets in Cambodia, in what could be another step away from the country’s staple manufactured good – garments. Although a final partnership agreement had yet to made ...

http://www.phnompenhpost.com/index.php/2012050355945/Business/talks-on-for-cambodian-tablet.html

Pakistan garment sector picks Cambodia for relocation

The value-added textile sector, as the garment sector is called in Pakistan, has chosen Cambodia as an alternative destination for relocating their manufacturing units, owing to continued electricity and gas supply problems in the country. The power and gas shortage is affecting productivity in Pakistan’s apparel sector, which in turn, is affecting the sector’s exports. ...

http://thesoutheastasiaweekly.com

Hun Sen aims to attract more Japanese money

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 ...

http://www.phnompenhpost.com/index.php/2012042455725/Business/hun-sen-aims-to-attract-more-japanese-money.html

Boat owners complain new port a burden for business

The Phnom Penh Municipality opened a new port for boat operators along the riverside in Daun Penh district yesterday in an effort to regulate operations, keep the river clean, and ensure customer safety. The new port comes three years after City Hall banned boats from docking ...

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