សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

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

Activists Doubt Cambodia Pledge to Stop Land Concessions

Activists are skeptical that Cambodian Prime Minister Hun Sen will follow through on a pledge to stop a contentious practice of appropriating rural land for commercial use, an issue that hurt the leader and his party in elections in July. In its new five-year political platform ...

Chun Han Wong
http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-341290/

Levi Strauss Pulls Out From Embattled SL Garment Factory

A Singaporean-owned garment factory whose workers have been on strike since early August is no longer producing clothes for American denim giant Levi Strauss, a brand representative and a factory worker said Monday. The workers of SL Garment Factory in Meanchey district—which still makes clothes for ...

Aun Pheap and Dene-Hern Chen
http://www.cambodiadaily.com/news/levi-strauss-pulls-out-from-embattled-sl-garment-factory-44015/

Chinese tourists warned of expensive counterfeits in Siem Reap

PHNOM PENH (The Cambodia Herald) — Chinese Tourism companies have warned their citizens visiting Siem Reap province not to buy gifts or souvenirs from vendors for fear of expensive counterfeit products.  A tourist guide in Ankor Wat, Siem Reap said that this happens a lot because ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MzFkMGQwMzM1YmM

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

Cambodia imports 1.1 million tons of oil in 8 months

Cambodia had imported 1.1 million tons of petroleum in the first eight months of the year, a 3.5 percent decrease compared with the 1.14 million tons over the same period last year, the figures of the Ministry of Commerce showed Friday. From January to August this ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132756600.htm

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

Work starts on new 22-storey hotel

Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...

Siv Meng
http://www.phnompenhpost.com/real-estate/work-starts-new-22-storey-hotel

Cambodian Rice Exports Double in the First Seven Months

Cambodia exported 221,027 tons of milled rice in the first seven months of the year, an increase of 103 percent compared to the same period last year, according to figures from the Ministry of Commerce. Officials and rice experts said the increase in exports was thanks ...

Lindsey Peterson and Hul Reaksmey
http://www.cambodiadaily.com/business/cambodian-rice-exports-double-in-the-first-seven-months-43062/

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