សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

Cambodia’s garment industry expanding

Both exports and imports of garment materials rose more than 17 per cent in the first quarter of the year compared with the same period last year, reflecting a growth in Cambodia’s biggest industry. Exports of garment and textile materials went up by 17.5 per cent ...

http://www.phnompenhpost.com/2013060466032/Business/cambodia-s-garment-industry-expanding.html

Micro-life insurance on rise

When 46-year-old Than Thol got a $900 loan from Samic Microfinance last year, he took advantage of a little-known and  lengthily worded insurance program called Measure for Economic and Accelerated Development for All, or MEADA. MEADA provides coverage for families of mostly lower-income borrowers in the ...

http://www.phnompenhpost.com/2013060466033/Business/micro-life-insurance-on-rise.html

Cambodia Carrier on Track with New Flights

Cambodia Angkor Air will launch routes to China and the South Korean city of Seoul by August while it eyes additional destinations to Singapore and Malaysia, according to a senior official with the country’s national carrier. “Singapore is a hub for Asia, so we have ...

http://www.phnompenhpost.com/2013060466030/Business/cambodia-carrier-on-track-with-new-flights.html

Try Pheap given OK to harvest yellow vine

Logging baron Try Pheap’s MDS Import Export Co, Ltd has been granted a licence to collect and process the controversial plant known as yellow vine around the Stung Atay hydropower dam in the Cardamom Mountains, according to documents received by the Post yesterday. The vine has ...

http://www.phnompenhpost.com/2013060466045/National/try-pheap-given-ok-to-harvest-yellow-vine.html

Mekong Communities Tell of Hardship From Hydropower Dams

About 200 people from Thailand, Vietnam and Cambodia affected by hydropower dam projects on the Mekong River and its tributaries gathered in Phnom Penh yesterday to share their experiences of how their lives have been adversely affected since the dams were constructed. Speaking at the ...

http://www.cambodiadaily.com/news/mekong-communities-tell-of-hardship-from-hydropower-dams-28793/

Cambodian rice exports to Thailand rising; Democrat revives allegations

The National Anti-Corruption Commission (NACC) will consider claims of corruption in the government’s rice-pledging scheme made during a recent parliamentary session, a senior official from the agency said. However, it remains unclear when the NACC will conclude its ongoing probe. During screening of the 2014 ...

http://www.nationmultimedia.com/politics/NACC-to-probe-rice-scheme-testimony-30207459.html

7 Cambodian Workers Arrested at Nike Contractor

Cambodian police clashed Monday with workers at a factory that makes clothing for the U.S. sportswear company Nike, arresting seven, in the latest violence linked to a strike over salaries, union organizers and rights activists said. The protest at the Taiwanese-owned Sabrina (Cambodia) Garment Manufacturing plant ...

http://abcnews.go.com/International/wireStory/cambodian-workers-arrested-nike-subcontractor-19311324#.Ua1mckDTxe9

Duty-Free Agreements Worry Minister

Duty-free agreements between regional competitors and foreign importers would put the Cambodian garment industry at risk, Commerce Minister Cham Prasidh said last week. Speaking to reporters after a meeting, Prasidh warned that the Kingdom’s garment sector would not be able to maintain its competitive edge over ...

http://www.phnompenhpost.com/2013060366010/Business/duty-free-agreements-worry-minister.html

Sugar firm under fire

Asia’s largest sugar company has been accused of torching hundreds of homes, orchestrating the imprisonment of a pregnant activist and using security forces to beat villagers – among a raft of other grave human rights abuses – by communities in Oddar Meanchey province. The allegations levelled ...

http://www.phnompenhpost.com/2013060366024/National/sugar-firm-under-fire.html

National silk board planned

A national silk board (NSB) under the Ministry of Commerce is being planned to weave tighter regulations into the Kingdom’s silk industry, the lack of which has deterred investors and hurt its export potential, according to industry representatives. Minister of Commerce Cham Prasidh said last week ...

http://www.phnompenhpost.com/2013060366008/Business/national-silk-board-planned.html

Pirated Software May Threaten Garment Firms

Garment factories run the risk of having their cargo confiscated by U.S. customs authorities if they continue using pirated computer software in their administrative operations, and may be prosecuted under a law that requires all manufacturers to use licensed digital software, according to a local ...

http://www.cambodiadaily.com/business/pirated-software-may-threaten-garment-firms-28459/

$1.3m SEZ Japanese Restaurant Opens Doors

In a $1.3 million investment, a new Japanese restaurant opened in the Phnom Penh Special Economic Zone (PPSEZ) last week amid the large presence of Japanese companies in the area. The 1,000-square-metre Tokyo Restaurant looks to “help to [showcase] the culture of Japanese food, and provide ...

http://www.phnompenhpost.com/2013060366009/Business/1-3m-sez-japanese-restaurant-opens-doors.html

Wing Star Widow in Limbo

Government officials have suggested the widow of the man crushed to death last month at the Wing Star Shoes factory, a supplier to Asics, will still be denied compensation from the National Social Security Fund (NSSF), a labour rights worker said yesterday. American Center for International ...

http://www.phnompenhpost.com/2013060366021/National/wing-star-widow-in-limbo.html

Rice exports to Thailand rise

Exports of Cambodian unpolished rice to Thailand are increasing, and the trend is promising if the Thai government continues its intervention policy to guarantee the minimum paddy price for their farmers, industry insiders said. Government figures show that in the first four months of this ...

http://www.phnompenhpost.com/2013053165969/Business/rice-exports-to-thailand-rise.html

ADB advises region to combine grids

Cambodia is expected to be able to produce about half the energy it needs by 2035, according to the Asian Development Bank (ADB), but the Kingdom – along with its neighbours – should also consider integrating their energy grids, which would bring about more competitive ...

http://www.phnompenhpost.com/2013053165966/Business/adb-advises-region-to-combine-grids.html

Airports operator looks to expand

While Cambodia Airports, of which France-based Vinci Group is major stakeholder, sees tourist numbers taking off, eviction issues are gnawing at the company’s image. Emmanuel Menanteau, chief executive of Cambodia Airports, talked to the Post’s Sarah Thust about the expansion plans. How many tourist arrivals do ...

http://www.phnompenhpost.com/2013053165965/CEO-Talk/airports-operator-looks-to-expand.html

Cambodia's trade with foreign countries up 25 pct in four months

Cambodia’s trade volume with foreign countries had reached 5.12 billion U.S. dollars in the first four months of this year, a 25 percent rise compared with 4.1 billion U.S. dollars over the same period last year, according to a report from the Ministry of Commerce’s ...

http://news.xinhuanet.com/english/world/2013-05/30/c_132419210.htm

Against the Grain

On the palm-studded plains of Cambodia, rice farmers’ eyes light up with the prospect of sending their crop northward to China. The poor Southeast Asian nation had been trying for several years to export rice to the mainland but only last year did it gain ...

http://www.chinaeconomicreview.com/china-rice-demand-market-import

NagaCorp rolls dice on $15 million VIP terminal

A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...

http://www.phnompenhpost.com/2013053065932/Business/nagacorp-rolls-dice-on-15-million-vip-terminal.html

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