សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Less palm sugar due to production delay
Kampong Speu palm sugar production is projected to decrease slightly this year due to a late start, though prices are expected to rise thanks to the sugar’s growing popularity following its geographical indication certification. Despite the drop in production, Hong Hoeung, director of Kampong Speu Palm ...
http://www.phnompenhpost.com/Business/less-palm-sugar-due-to-production-delay.html
Cambodia Sees Massive Foreign Investment Growth in 2012
Investment in Cambodia from overseas surged by at least 44 percent last year, according to an estimate from the central bank, despite figures suggesting a reduction in the overall flow of foreign currency into Southeast Asian economies. Nguon Sokha, director-general of the National Bank of Cambodia, ...
Qatar Airways ready to launch daily flights to Cambodia's capital
The Doha-based Qatar Airways will operate its daily flights from Doha to Phnom Penh, the capital of Cambodia, from Tuesday, Cambodia’s tourism minister Thong Khon said Monday. “Tomorrow (Tuesday), the airline will launch daily flights from Doha to Phnom Penh via Ho Chi Minh City, Vietnam,” ...
Cambodia forecasts 4 mln foreign tourists in 2013
Cambodia is predicted to greet 4 million foreign visitors this year, an expected 12 percent rise year-on-year, Tourism Minister Thong Khon said Monday. “Last year, we received 3.58 million foreign tourists, up 24 percent year-on-year, and generated total revenue of about 2.2 billion U.S. dollars,” he ...
http://news.xinhuanet.com/english/travel/2013-02/18/c_132176370.htm
Maruhan bank opens Laos office in Vientiane
Cambodian-Japanese bank Maruhan Japan opened an office in Vientiane, the capital of Laos, on Saturday, making it the second Cambodian bank and the first Japanese bank to come to that country. Maruhan’s presence in Laos would boost economic and investment ties between the two ASEAN member ...
http://www.phnompenhpost.com/2013021861422/Business/maruhan-bank-opens-laos-office-in-vientiane.html
Factory pay protest continues
Workers at the shuttered Yung Wah I and II factories in Kandal province will continue protesting today, despite the government already agreeing to pay them using company funds. Worker Soy Sokchea said yesterday that he and his colleagues would keep demanding benefits and seniority bonuses. ...
http://www.phnompenhpost.com/2013021861414/National/factory-pay-protest-continues.html
Questions follow on heels of hydropower dam Sesan 2 vote
Villagers near the Sesan River in Stung Treng province are a step closer to being forced to make way for a hydropower dam following a National Assembly vote on Friday, but they are no closer to learning the details of such a move, a community ...
http://www.phnompenhpost.com/2013021861415/National/questions-follow-on-heels-of-sesan-2-vote.html
Nakorn plans to invest $30mln in hotel in Phnom Penh
Pharmaceutical giant Thai Nakorn Patana plans to invest $30 million over the next two years in a three- to four-star hotel in Phnom Penh, as it hopes to cash in on the lack of big names in the capital’s mid-tier hotels market. For the new 200-room ...
Telecom Cambodia Corruption Investigation Needs Time
The minister of posts and telecommunications yesterday said he needs more time to investigate corruption and mismanagement allegations at state-owned firm Telecom Cambodia before involving other government institutions. Telecom Cambodia director-general Lao Saroeun is officially on sick leave, but staff at the company say they were ...
Taiwan-Cambodia flight delay affects hundreds
Cambodia’s Tonlesap Airlines said Saturday that one of its scheduled flights from Taiwan to the Cambodian city of Siem Reap that day would be further delayed due to an engine failure, further enraging 167 already angry passengers who had been waiting for hours for their ...
Staff Protest Corruption at Telecom Cambodia
The director-general of Telecom Cambodia, one of the country’s most highly regarded state-owned enterprises and a candidate for listing on the stock exchange, has left his post amid an investigation into corruption allegations, the minister of posts and telecommunications said on Thursday. Despite the staff’s ...
http://www.cambodiadaily.com/news/staff-protest-corruption-at-telecom-cambodia-10535/
Oil prices hit all-time high in Cambodia
Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm
Few S'pore-owned businesses in Cambodia: business owners
PHNOM PENH: There are about a hundred Singapore-owned businesses in Cambodia, mainly located in the capital, Phnom Penh. Many, who set up shop there, feel the numbers have stayed low because there is a perception that the country is not safe. In 2011, Singapore invested close ...
http://www.channelnewsasia.com/stories/economicnews/view/1254251/1/.html
Cigarette smuggling from Cambodia to Vietnam abounds
A pair of cigarette brands distributed by two of the Kingdom’s most prominent businessmen are being smuggled from Cambodia to Vietnam at an estimated rate of more than 300 million packs a year, contributing to tobacco manufacturer losses of nearly $200 million annually, according to ...
Multiple Skills Needed To Compete in a Future Asean, Economist Says
Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...
http://www.voacambodia.com/content/multiple-skills-needed-for-asean-competition/1603984.html
Malay Hong Leong Bank plans Cambodian branch
Malaysia-based Hong Leong Bank, a subsidiary of Hong Leong Financial Group Berhad, is planning to open a branch in Cambodia sometime this year, which would make it the fourth Malaysian bank and the 33rd commercial bank in Cambodia’s crowded banking industry. Ngoun Sokha, director general of the ...
Land dispute arrests soar 144 pct in 2012
The number of people arrested over land disputes jumped 144 percent from a year earlier to 232 in 2012, the Cambodian Human Rights and Development Association (Adhoc) said Thursday. Speaking at a news conference, he [Adhoc president Thun Saray] said Adhoc last year received 70 ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Mjk2OWQyMTBhNWE
Land Is Life, and It’s Slipping Away
Nean Narin, a humble man and father of three children, says his family is going hungry. Narin lives in the village of Boeung Kak, situated on the edge of Cambodia’s capital, Phnom Penh. For years, he and other villagers relied on the Boeung Kak Lake ...
Prey Lang activists halted on road
More than 300 activists from Kampong Thom province’s Prey Lang Community Network were stopped by district police yesterday as they were marching from the Vietnamese-owned CRCK Company to deliver a lawsuit in Sandan district calling for the postponement of alleged forest clearing and the “invasion” ...
http://www.phnompenhpost.com/2013021461350/National/prey-lang-activists-halted-on-road.html
Ecotourism in Cambodia up 9.7 per cent
Ecotourism sites in the northeast of Cambodia last year saw visitor growth of 9.7 per cent – a total of 53,374 tourists – compared with 2011, an official said yesterday during the first Workshop on Northeast Ecotourism Development, organised by the Ministry of Tourism. Tith Chantha, ...
http://www.phnompenhpost.com/2013021461366/Business/ecotourism-in-cambodia-up-9-7-per-cent.html
Year of the Snake lures 85,000 visitors to Kampot
Almost 85,000 visitors traveled to Kampot over the first three days of the Lunar New Year. The 84,917 visitors included 1,252 foreigners with the Bokor Mountain resort alone attracting 67,548 visitors including 1,004 foreigners, [a tourism official] said. ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTkxNjBjZmNjN2M
Major Cineplex comes to Cambodia
Thai-based movie theatre company Major Cineplex said it will build “a high-end lifestyle and entertainment complex” at the Aeon mall in Phnom Penh, hoping to capture Cambodia’s youth market in what it believes is a stable business environment for its entertainment products. While it sees prospects in ...
http://www.phnompenhpost.com/2013021461365/Business/major-cineplex-comes-to-cambodia.html
Angkor Wat sees tourism spike over Lunar New Year
The number of domestic and foreign tourists visiting Siem Reap’s ancient Angkor Wat temple and the Kingdom’s coastal areas increased sharply during this year’s three-day Lunar New Year. Data from the Siem Reap provincial tourism department show that 52,909 tourists visited Siem Reap during Lunar ...
$2m missing: telecom staff
More than 200 employees of Telecom Cambodia demonstrated yesterday morning, demanding the company’s general director step down and that the Anti-Corruption Unit investigate the company. The strikers claimed general director Lao Saroeun had been involved in large-scale embezzlement, other forms of corruption and disrespect ...
http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html