Calls for Angkor Beer Boycott Over Laos Dam Investment

Environmental groups and a local community leader in Stung Treng province have called for a nationwide boycott of the popular Angkor Beer brand to protest the beverage company’s links to a controversial hydro­power dam to be built in Laos. Laos announced earlier this month that it ...

Dene-Hern Chen and Kuch Naren
http://www.cambodiadaily.com/news/calls-for-angkor-beer-boycott-over-laos-dam-investment-45646/

PAL vows to pursue Cambodia airline deal with local tycoon

Philippine Airlines continues to pursue talks to form a new Cambodian flag carrier with local telecommunications, banking and property tycoon Kith Meng despite missing a deadline to close the deal for a second time this week, its top executive said. PAL president Ramon S. Ang said ...

Business Inquirer Net News Staff
http://business.inquirer.net/148155/pal-vows-to-pursue-cambodia-airline-deal-with-local-tycoon

Angkor Beer Chief Behind Controversial Laos Border Dam

As the director of one of Cam­bodia’s largest breweries, Malay­sian businessman Goh Nan Kioh has made millions selling Angkor Beer to Cambodians. But now his latest business venture, a controversial mainstream Mekong dam in Laos, is drawing the ire of environmentalists who believe that it will ...

Dene-Hern Chen
http://www.cambodiadaily.com/news/angkor-beer-chief-behind-controversial-laos-border-dam-45312/

ប្រាក់​ចំណូល​រដ្ឋាករទឹក​កើនឡើង​ ២៤%

​របាយ​ការ​ណ៏​ហិរញ្ញវត្ថុ​របស់​រដ្ឋាករទឹក​ស្វយ័ត​ក្រុងភ្នំពេញ​(PPWSA)​ ចេញផ្សាយ​ពី​ថ្ងៃ​ទី​១១​ ខែតុលា​បាន​បង្ហាញ​ថា​ចំណូល​សរុប​នឹង​ប្រាក់​ចំនេញ​សុទ្ធ​របស់​ខ្លួន​បាន​កើនឡើង​ជាង​២០​ភាគរយ​នៅ​ឆមាស​ទី​មួយ​ឆ្នាំ​នេះ​។​ ​ ...

ម៉ៃ គុណមករា
http://www.phnompenhpost.com/business/profits-dip-water-authority

Former Mfone staff to get paid

Over eight months after Cambodian mobile operator Mfone filed for bankruptcy, the defunct provider’s former staffers should get their outstanding salaries in November, according to the case’s court-appointed administrator. Bankruptcy administrator Ouk Ry said yesterday that deals have been made on many of the failed telecom’s ...

Anne Renzenbrink and Hor Kimsay
http://www.phnompenhpost.com/business/former-mfone-staff-get-paid

Cambodia's special economic zones attract 1.65 bln USD investment since inception

Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...

Global Times News Staff
http://www.globaltimes.cn/content/817196.shtml#.Ult7xz_vrbw

Cambodia economy remains robust in 2013 amidst challenging global economic atmosphere: WB

Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/07/c_132776793.htm

World Bank says Cambodian political uncertainty has 'Unclear' impact

The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year.  “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTBjN2JiMjBlMzI

Group Lease aims to raise Bt3.4 bn for expansion

Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...

The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html

Vinamilk Sees Revenue Doubling in Overseas Expansion Push

Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...

Bloomberg News Staff
http://www.bloomberg.com/news/2013-09-30/vinamilk-sees-revenue-doubling-in-overseas-expansion-push.html

Approved investment triples

In the first six months of 2013, the total amount of government-approved investment in Cambodia jumped more than 200 per cent year-on-year, according to the most recent statistics from the Ministry of Economy and Finance. Released on Friday, the numbers show that $2.3 billion was earmarked ...

May Kunmakara
http://www.phnompenhpost.com/business/approved-investment-triples

Lucky supermarket opens three more branches

Amid growing urbanisation, Lucky Supermarket opened three more branches in Phnom Penh’s suburbs over the weekend, targeting a new consumer base living around the city. With the additional branches, Lucky now counts 10 outlets in Phnom Penh, including one mini-mart at Koh Pich. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lucky-supermarket-opens-three-more-branches

Easier to invest in Cambodia

Chongqing and Phnom Penh will become sister cities, after which it will be more convenient for those Chongqing enterprises to invest in Cambodia. Cambodia is an important trading partner for Chongqing and it has become one of the major countries for the development strategy of “going ...

Daily Economic News Staff
http://www.dailyeconomic.com/2013/Asia-Pacific_0927/1928.html

Investors Play Down Impact of Labor Strikes

Economists and analysts on Thursday shrugged off the opposition CNRP’s threat to stage nationwide labor strikes, arguing that while such a move could lower profits for companies in the short term, it would not significantly deter foreign investors. Mr. Rainsy, who mentioned the possibility of strikes ...

Ben Woods
http://www.cambodiadaily.com/elections/investors-play-down-impact-of-labor-strikes-43694/

Temasek unit opens bank in first Cambodian investment

A unit of Temasek Holdings Private Ltd has opened a new bank in Cambodia with local partners in the first investment by the Singapore state investor in the country, the Straits Times reported on Friday. The bank has 11 branches in seven provinces, with five ...

Eveline Danubrata and Sunil Nair
http://www.reuters.com/article/2013/09/27/singapore-press-idUSL4N0HN05120130927

Booyoung Town moves slowly ahead

The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...

Siv Meng and Hin Pisei
http://www.phnompenhpost.com/real-estate/booyoung-town-moves-slowly-ahead

Cambodia's national airline launches daily flights to China's Guangzhou City

SIEM REAP, Cambodia, Sept. 26 (Xinhua) — National flag carrier, Cambodia Angkor Air (CAA) began regular flights to Guangzhou City in China’s Guangdong province on Thursday, aiming at attracting more Chinese travelers to Cambodia, a company’s senior official said. China is the third largest source ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/26/c_132752788.htm

Photo tourism turns profits

Nathan Horton’s business model is straightforward. A professional photographer, Horton helps amateur photographers take pictures abroad. Photo tourism is an increasingly lucrative trade in Cambodia. Horton, who runs half-day jaunts in Phnom Penh and longer journeys into the provinces, is one of the practitioners capitalising on ...

Laura Ma
http://www.phnompenhpost.com/business/photo-tourism-turns-profits

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