សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

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

China currency deals surge

As trade activity between Cambodia and China intensifies, banks are seeing an increase in deals transacted in yuan, the Chinese currency. Operating in Cambodia since 2010, Bank of China’s Phnom Penh Branch has been trying to promote business transactions in yuan, and has seen a significant ...

http://www.phnompenhpost.com/2013070866712/Business/china-currency-deals-surge.html

Brunei inks deal to buy Cambodian jasmine rice

The government of Brunei on Saturday signed a one-year contract to purchase 3,000 tons of jasmine or fragrant rice from Cambodia, the first such deal reached by the two Asian nations. The deal was inked between Pg Haji Mohd Noordin B PLP Pg Haji Mohd Said, ...

http://news.xinhuanet.com/english/business/2013-07/06/c_132517759.htm

New Boeng Kak Group Petitions World Bank

About 30 former residents of the Boeng Kak community submitted a petition on Friday morning to the World Bank office and several embassies in Phnom Penh, calling for a halt to all funding for longtime anti-eviction protesters from the Boeng Kak area. The Boeng Kak counter-protesters ...

http://www.cambodiadaily.com/news/new-boeng-kak-group-petitions-world-bank-33746/

Cambodia host to Malaysia's ICT conference, expo

Cambodia was host to a two-day information and communication technology conference and expo held by the The National ICT Association of Malaysia on Friday. By 2012, 19.1 million SIM cards for mobile phones have been sold while on the internet side, around 2.7 million people ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjM2ZjVmYzQxMzV

Food prices up 1.6 pct in April

Cambodia saw a one per cent rise in inflation in April compared with the same month last year, according to the latest data from the National Institute of Statistics (NIS). Sim Ly, an official at the NIS said there was a slight increase in food and ...

http://www.phnompenhpost.com/2013070566683/Business/food-prices-up-1-6-pct-in-april.html

Call for More Investment in Infrastructure

As much as $16 billion of investment is needed in Cambodia over the next decade if the country’s infrastructure is to keep up with the pace of economic growth, ac­cording to a regional think tank. At a seminar in Phnom Penh on Thuesday, Jakarta-based Economic Research ...

http://www.cambodiadaily.com/business/call-for-more-investment-in-infrastructure-33737/

U.S. seeks to cut aid to Cambodia

Lawmakers in the U.S. and human rights activists are pushing for cuts of more than $70 million in aid to Cambodia if Prime Minister Hun Sen wins the July 28 elections. Many factors have pushed the U.S. to this point be it unfair and unjust, such ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTQ1OTEyZDAxMTd

Toyota to Open Second Phnom Penh Outlet

Japanese automobile giant Toyota is set to increase its presence in Cambodia with a second sales showroom, according to a company manager. The move follows fellow Japanese automaker Mazda, which opened a new showroom in May. According to a report from newswire Bloomberg, Toyota executive vice president ...

http://www.cambodiadaily.com/business/toyota-to-open-second-phnom-penh-outlet-33328/

Tough Telecom Market Sees qb Downsize

Mobile phone operator qb has shuttered “a number” of retail showrooms in an effort to improve its business in Cambodia’s oversaturated telecommunications market, the company confirmed Wednesday. And former employees have also revealed the telecom—which is operated by Cambodia Advance Communications Ltd. (CAC)—has lost nearly half ...

http://www.cambodiadaily.com/business/tough-telecom-market-sees-qb-downsize-33329/

Pailin gets $4m feed processing warehouse

Chea Kea, owner of the Daimond Crown casino on the border with Thailand in Pailin province, is investing in a $4 million feed processing warehouse that will also be used to store commodities and house farm animals. Construction on the warehouse, which is expected to ...

http://www.phnompenhpost.com/2013070366629/Business/pailin-gets-4m-feed-processing-warehouse.html

Preah Vihear visits on the up

As tensions subside between Thailand and Cambodia over the 11th-century Preah Vihear temple, site officials are welcoming a steady increase of international tourists. At 5,240, foreign visits are up 56 per cent in the first six months of the year, compared to the same period ...

http://www.phnompenhpost.com/2013070366630/Business/preah-vihear-visits-on-the-up.html

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