សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Cambodian, U.S. senior officials meet to promote bilateral ties
Cambodian and U.S. senior officials met here on Monday to further promote bilateral ties and cooperation. The meeting was made between Ouch Borith, secretary of state at the Cambodian Ministry of Foreign Affairs, and Scot Marciel, visiting principal deputy assistant to the United States Secretary of ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/04/c_132858319.htm
Cambodia's micro-lenders report 33 pct loan growth in 9 months
Cambodia’s 35 microfinance institutions had lent $1.18 billion to their customers by the end of September this year, a 33 percent rise from $890 million at the end of last year, a report of the Cambodia Microfinance Association (CMA) said Friday. On the deposit side, the ...
Global Times News Staff
http://www.globaltimes.cn/content/821933.shtml#.UnZCOflgd8E
Cambodia sees slowdown in new business numbers in 9 months
The Cambodian Ministry of Commerce said Friday that it had granted operating licenses to 2, 223 new companies in the first nine months of 2013, down 14.6 percent compared with 2,606 new firms over the same period last year. From January to September this year, the ...
Global Times News Staff
http://www.globaltimes.cn/content/821915.shtml#.UnZHp_lgd8E
Plans to Reform Economy for Asean Integration
Cambodia’s newly appointed minister of commerce said Thursday that he plans to reform the country’s economy ahead of Cambodia’s entrance into the Asean Economic Community (AEC) 2015, though he and other officials did not say how they plan to accomplish that goal. Speaking to reporters on ...
Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/plans-to-reform-economy-for-asean-integration-46469/
New provider CooTel launches in Kingdom
Telecommunications company Xinwei (Cambodia) Telecom Co Ltd, operating under the CooTel brand, officially launched in Cambodia yesterday, being the first operator to offer 4G technology in the country, a company statement released yesterday said. “CooTel strongly believes it will be successful in entering the Cambodian market ...
Post Staff, P.8
http://www.phnompenhpost.com
CAMBODIA: H&M calls for annual minimum wage review
The Cambodian government should construct an effective annual review system for the minimum wage to ease worker unrest, according to clothing retail giant H&M. The Swedish company’s comments came after CEO Karl-Johan Persson visited the country in mid-October, meeting Cambodia Prime Minister Hun Sen and other ...
Richard Woodard
http://www.just-style.com/news/hm-calls-for-annual-minimum-wage-review_id119576.aspx
Maybank Cambodia Optimistic Over Cambodia's Medium-to-long-term Prospects With Four New Branches
Maybank Cambodia Plc, with 12 branches in the Indo-Chinese country, is optimistic over Cambodia’s medium-to-long-term prospects with its four additional branches opened today, bringing its total network there to 16 branches. With the opening of the branches, the bank expects them to boost its total deposits ...
Bernama News Staff
http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=990183
Herbalife to operate in capital
Herbalife Ltd, a global nutrition company whose business practices are being challenged in a US court and whose marketing strategies have been the subject of public criticism, will officially open a six-storey distribution centre in Phnom Penh today, according to the New York Stock Exchange-listed ...
Daniel de Carteret
http://www.phnompenhpost.com/business/herbalife-operate-capital
National brokerage opens first overseas office
National insurance broking firm MGA Insurance Brokers is opening a new office in the developing market of Cambodia. The Cambodian operation was being set up as a joint venture with two local brokers, Chantol Seng and Sophat Meas, who had extensive international experience. “Cambodia has a ...
Insurance Business News Staff
http://www.insurancebusinessonline.com.au/news/national-brokerage-opens-first-overseas-office-181017.aspx
PTT keeps Cambodia jet fuel gig
PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/377274/ptt-keeps-cambodia-jet-fuel-gig
Camko City starts third phase
The Now World City company is starting construction of its third phase at Camko City after its satellite city had suspended operations for a while. Kim Duk Kon, the vice president of World City, said that the new project included building luxury villas, with 140 houses ...
Siv Meng
http://www.phnompenhpost.com/real-estate/camko-city-starts-third-phase
Cambodia's construction sector attracts 2.27 bln USD in 9 months
Cambodia’s construction sector has attracted a total investment of 2.27 billion U.S. dollars in the first nine months of 2013, up 24 percent compared with 1.83 billion U.S. dollars over the same period last year, a government report showed Thursday. The report said during the January-September ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/31/c_132848042.htm
New fees, political crisis mean fewer businesses
The number of new businesses registering in Cambodia continued to plummet through the third quarter of this year amid tightened rules for start-ups and waning investor confidence following the still-unresolved national elections. Data from the Ministry of Commerce yesterday showed that 853 new businesses registered with ...
May Kunmakara
http://www.phnompenhpost.com/business/new-fees-political-crisis-mean-fewer-businesses
Firms urged to tap growing middle-class market in GMS
Bangkok Bank has urged Thai businesses to have a more active role in the Greater Mekong Sub-region (GMS) in terms of trading activities and investment, in order to tap the growing middle-class market in those countries. Speaking at the bank’s “Trade Logistics in Greater Mekong Sub-region: ...
Sucheera Pinijparakarn
http://www.nationmultimedia.com/business/Firms-urged-to-tap-growing-middle-class-market-in--30218244.html
Doing Business in Cambodia Becoming More Difficult
Cambodia ranked 137 out of 189 countries in the World Bank’s Doing Business 2014 report released Tuesday, the first drop in at least two years that shows conducting business in the country is becoming more difficult. The report ranks countries in 10 categories, including starting a ...
Joshua Wilwohl and Aun Pheap
http://www.cambodiadaily.com/business/doing-business-in-cambodia-becoming-more-difficult-46243/
Japan auto parts firm seeks plant in PPSEZ
Auto parts manufacturer Denso Cambodia, which has rented space in the Phnom Penh Special Economic Zone (PPSEZ) since July, will expand operations by building its own factory, according to a company representative. Administrative manager Seng Chanthy said yesterday that the factory will cover 10 hectares and ...
Hor Kimsay
http://www.phnompenhpost.com/business/japan-auto-parts-firm-seeks-plant-ppsez
Trade With Indonesia up but Logistics a Hurdle
Trade and tourism between Indonesia and Cambodia is growing but the two countries can still increase cooperation in those fields, according to participants in the 7th Indonesian Trade and Tourism Promotion exhibition on Phnom Penh’s Koh Pich on Sunday. The sale of Indonesian pharmaceuticals, food products ...
George Styllis
http://www.cambodiadaily.com/business/trade-with-indonesia-up-but-logistics-a-hurdle-46146/
Cambodian PM urges Chinese to invest in agricultural processing plants
Cambodian Prime Minister Hun Sen on Monday urged Chinese companies to focus their investments in processing plants for agricultural products in order to help increase the country’s productivity for exports. The premier made the suggestion during a meeting with a visiting Chinese delegation led by Wang ...
Xinhuanet News
http://news.xinhuanet.com/english/china/2013-10/28/c_132836976.htm
Power line investment approved
The Cambodian government has entered into a public-private partnership with a little-known company named ALEX Corporation Co Ltd to develop power lines from plants in Preah Sihanouk province to Phnom Penh, according to the Council of Ministers. The private firm will invest $119.1 million in a ...
Hor Kimsay
http://www.phnompenhpost.com/business/power-line-investment-approved
Cargo shipments up 16 pct
The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...
May Kunmakara
http://www.phnompenhpost.com/business/cargo-shipments-16-pct
Thai-Cambodian border trade still normal
Despite the disputed territory near Phra Viharn Temple, Thai-Cambodian border trade is still normal as 150,000 billion baht cash flow is expected by the end of 2013. According to the Thai Chamber of Commerce (TCC), border trade along the disputed area around Phra Viharn Temple ...
Thailand National News Bureau Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5610270010002
Cambodia sees 1.48 bln USD trade deficit in 9 months
Cambodia has seen a trade deficit of 1.48 billion U.S. dollars in the first nine months of 2013, according to the Commerce Ministry’s data on Friday. The total import and export volume was valued at 11.82 billion U.S. dollars during the January-September period this year, up ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/25/c_132830753.htm
Flooding could affect growth
When the extent of flood damage becomes clear, the Asian Development Bank may lower its economic growth forecast for Cambodia to reflect the severity of the aftermath, a senior official with agency’s local office said yesterday. “It is possible that we will have to revise downward ...
Joe Freeman and Sen David, P.7
http://www.phnompenhpost.com
Delays continue to constrain launch of Cambodia Airlines
For Cambodians aspiring to a career in aviation, this weekend looks promising. Almost seven months after its formal establishment, Cambodia Airlines is hosting a career fair in Phnom Penh. The airline is moving forward by looking for staff – from captains, first officers and cabin crew ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/delays-continue-constrain-launch-cambodia-airlines