សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Sales of palm sugar not so sweet
Sales of Cambodia’s World Trade Organization-certified palm sugar from Kampong Speu province dipped to 12 tonnes at the end of the harvest season this year, about a 30 per cent decline from 2012. Two districts with palm trees in Kampong Speu province were granted geographical indication ...
http://www.phnompenhpost.com/business/sales-palm-sugar-not-so-sweet
No bail for Sabrina unionists
According to defence lawyer Kao Ty, the court decided to uphold the decision of the provincial court in a closed-door hearing last Friday. “They said if those eight members and workers were released on bail, they would cause a problem again,” he said, adding that ...
http://www.phnompenhpost.com/national/no-bail-sabrina-unionists
Government’s Limits on Information Leaving Voters in the Dark
Reporters in Cambodia seeking statistics from government ministries and departments are used to being given the brush-off from time to time, but in the run-up to the July 28 national election, things appear to have worsened. The Council for the Development of Cambodia (CDC) has for ...
Telecom CEOs Say Debts to Mfone Are Far Less
Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...
http://www.cambodiadaily.com/business/telecom-ceos-say-debts-to-mfone-are-far-less-34630/
Cargo Traffic Grows at Sihanoukville Port
The total weight of goods transported through the Sihanoukville Autonomous Port in the first six months of the year was up 15 percent compared with the same period last year, according to figures released Thursday. Some 1.51 million tons of goods passed through the port in ...
http://www.cambodiadaily.com/business/cargo-traffic%E2%80%88grows-at-sihanoukville-port-34628/
Cambodia records 1.32 bln USD trade deficit in H1
Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...
http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm
Mfone to File Complaint Against Six Companies
Bankrupt mobile phone operator Mfone is planning to file a complaint with the Phnom Penh Municipal Court against six telecommunications firms it says have failed to pay back more than $1 million in outstanding debt to the firm, the court administrator charged with overseeing Mfone’s ...
http://www.cambodiadaily.com/business/mfone-to-file-complaint-against-six-companies-34409/
Congressional Hearing in US Pushes Cut to Cambodian Aid
At a congressional hearing in Washington on Tuesday that scathingly rebuked Prime Minister Hun Sen and his ruling CPP, a U.S. lawmaker called for legislation to cut American aid to Cambodia following the national election on July 28. Representative Steve Chabot, who chaired the House Subcommittee ...
http://www.cambodiadaily.com/news/congressional-hearing-in-us-pushes-cut-to-cambodian-aid-34389/
Korea trade nears $1 billion
Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...
http://www.phnompenhpost.com/business/korea-trade-nears-1-billion
Cambodia's rice exports up 125 pct in first half of 2013
Cambodia has seen a sharp rise in the exports of milled rice in the first six months of this year thanks to increasing demand on international markets, an official said Wednesday. The figures, from the single window secretariat for facilitating milled rice exports, showed that the ...
http://news.xinhuanet.com/english/business/2013-07/10/c_132529640.htm
Managers Taught How to Spot Underage Labor
Staff at eight factories producing footwear for Japanese sportswear brand ASICS were trained Tuesday in how to make sure they are not employing child laborers, a company representative said. ASICS corporate staff have been in Cambodia this week in a bid to overcome the negative publicity ...
http://www.cambodiadaily.com/news/managers-taught-how-to-spot-underage-labor-34211/
Cash for Siem Reap Market Repair to Come From National Budget
A $300,000 sum to repair Siem Reap City’s fire-ravaged Doeum Kralanh market, originally billed on Monday as a donation from Prime Minister Hun Sen, will actually be taken from the national budget, according to a senior ruling-party official. Less than three weeks before the July 28 ...
Tax revenues rise, but aren’t reflective of overall GDP growth
While the country’s tax revenue grew about 20 per cent in the first half of this year compared to the same period in 2012, experts say the amount still isn’t high enough to accurately reflect the country’s GDP growth. Stephen Higgins, former CEO of ANZ ...
http://www.phnompenhpost.com/business/tax-revenues-rise-aren%E2%80%99t-reflective-overall-gdp-growth
Myanmar rice is back
While exports of Cambodian rice have been booming, analysts are predicting that new competition from Myanmar could eventually rain on the parade. Cambodia exported nearly 176,000 tonnes of rice in the first six months of the year, a 125 per cent increase from the same period ...
Rising Demand Boosts Organic Rice Industry
Production of Cambodian organic rice is rising rapidly as international demand for the product increases, experts said at a forum for growers and other industry members held Tuesday at the Phnom Penh headquarters of agricultural NGO Cedac. “In the first six months of this year we’ve ...
http://www.cambodiadaily.com/business/rising-demand-boosts-organic-rice-industry-34216/
Harvest Fears as Snail Infestation Destroys Crops
An infestation of large snails is destroying rice fields in Preah Sihanouk province’s Prey Nop district, raising concerns among farmers that yields from this year’s harvest will be much lower than usual. Eng Samol, Prey Nop district agriculture director, said Tuesday that the snails had already ...
http://www.cambodiadaily.com/news/harvest-fears-as-snail-infestation-destroys-crops-34215/
Cambodia Receives 1.79 Million Foreign Tourists In First Five Months
Cambodia attracted 1.79 million foreign visitors in the first five months of the year, up 19 per cent over the previous year. From January to May, Vietnam remains the main source of visitors with 341,000 tourists, up 11 per cent year-on-year, followed by South Korea with ...
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=962064
Cambodia collects 470 mln USD in tax in first half of 2013
Cambodia’s General Department of Taxation said Tuesday that it had collected 470 million U.S. dollars of tax in the first six months of this year, up 21 percent compared with the same period last year. The country earned the tax of 740 million U.S. dollars ...
http://news.xinhuanet.com/english/world/2013-07/09/c_132525765.htm
Garment Exports Booming Despite Concerns
Despite criticisms over safety, outbreaks of sometimes violent industrial action and a raise in the minimum wage that it was warned would scare off manufacturers, Cambodia’s garment sector is booming, according to government figures. A report on state newswire Agence Kampuchea Presse (AKP) on Friday said ...
http://www.cambodiadaily.com/business/garment-exports-booming-despite-concerns-34035/
Scammers pose as bank staffers
Acleda Bank is trying to protect its customers from getting bamboozled by a phone scam in which callers allegedly posing as bank employees ask for money transfers in exchange for a prize, according to a statement and ads placed in a local newspaper. An Acleda ...
http://www.phnompenhpost.com/2013070966730/Business/scammers-pose-as-bank-staffers.html
Phnom Penh Port Trade Volume Increases by 29%
The number of shipping containers that passed through the Phnom Penh Autonomous Port increased by 29 percent during the first six months of the year compared to the same period in 2012, according to figures released yesterday. The port received 50,157 standard containers between January and ...
Goods traffic through Phnom Penh port up 29 pct
Cargo shipments moving in and out of the Phnom Penh Autonomous Port (PPAP) increased 29 per cent in the first six months of this year when compared to the same period in 2012, according to official data. The figures show that imported and exported goods amounted ...
Cambodia Falls Short as Garment-Industry Model
This small Southeast Asian country was supposed to become a model for the world apparel industry, with tough factory monitoring and strong worker protections. But a dozen years after the United Nations’ International Labour Organization launched a program to manage Cambodia’s booming garment trade—the first of ...
http://online.wsj.com/article/SB10001424127887324423904578521240151597504.html
Japanese Mizuho Bank looks into Cambodian financial sector
Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...
http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm