សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

Bangkok-based new ambassador of Israel to Cambodia Simon Roded on Monday expressed Israel’s desires to promote bilateral ties with Cambodia in tourism and agriculture. Speaking during presenting credentials to President of Cambodia ‘s National Assembly Heng Samrin, who received the credentials on behalf of King Norodom ...

Although the Ministry of Heath estimates that 40 to 50 percent of Cambodians use traditional medicine, the Kingdoms Pharmaceutical industry is growing rapidly. In 2012, according to the latest forecast from Business Monitor International (BMI) people in Cambodia spent $263 million on pharmaceuticals, compared with $217 ...

Capital Rice Ltd, Thailand’s third-largest rice exporter, is shifting some of its business to Cambodia as the Thai market shrinks because of government intervention that has diverted grain into state stockpiles or made it too expensive to ship. “We have built a medium-sized milling house in ...

U.S. fast-food chain Burger King is set to open its first restaurant in Cambodia next month, an official confirmed yesterday. Advertisements have gone up at the Phnom Penh International Airport bearing the famous Burger King logo, with a message saying that the chain is “Coming soon.” ...

THIRTY workers involved in the restoration of the Angkor complex’s Ta Prohm temple were barred by their manager from entering the work site yesterday because of their unionism, labour representatives said. The stand-off followed the manager’s announcement that on February 1, he would dismiss the 30 ...

Cambodian officials in provinces bordering Thailand said the price of Cambodian corn would increase as a result of a reduced supply and a new Thai government policy of importing more corn for animal processing. The Bangkok Post reported on Tuesday that the Thai cabinet approved the ...

More than 700 workers from the International Royal Fashion garment factory, in Phnom Penh’s Dangkor district, blocked the Veng Sreng road yesterday for about four hours to show their dissatisfaction with their employer’s failure to respond to their demands. An International Royal Fashion official, ...

Connectivity is crucial to the process of building the Asean Community, and ties in with the effort to market the region as a single tourist destination, the grouping’s chief said. “Asean is in the process of building the Asean Community, and in the process of building ...

China’s transition from export-led to domestic-led growth, combined with the rising costs of production, could provide opportunities for Cambodian growth and diversity, analysts say. Faisal Ahmed, the IMF representative for Cambodia, said the Kingdom was already experiencing an increase in trade activity as a result of ...

Denso Corp. (6902) will begin making motorcycle parts in Cambodia in July, responding to growing production of vehicles in Southeast Asia. The autoparts manufacturer will establish a production subsidiary in Cambodia in April. Plans are to lease a plant in the Phnom Penh Special Economic Zone ...

The southwestern areas along the Vietnam – Cambodia border are now in their usual busy time of the year, with smuggled goods entering the country with near impunity. Most of the markets in the Mekong Delta are flooded with various contraband products, mostly brought from China ...

The Cambodian Confederation of Unions warned Thursday of a general strike if proposed increases in monthly salaries are too small. “Cambodia will have a big strike exploding across all clothing and footwear factories if minimum wages are raised by only 10 percent from the basic $61,” ...

Cambodia and the United Arab Emirates (UAE) are in talks to promote bilateral cooperation in trade, investment and tourism on Wednesday. In the meeting, both sides discussed a Memorandum of Understanding (MoU) on aviation in order to enable UAE airlines to operate direct flights from ...

Organisers expect the Industry Handicraft Fair 2013, with the theme “Excellence of Cambodia Goods and Services”, to attract about 200,000 people. The fair, to be held at the Koh Pich Exhibition Center over three days at the end of March, will have 460 booths exhibiting 100 per ...

For a long time, Cambodia’s national carrier Cambodia Angkor Air (CAA) served only as a feeder carrier to its shareholder Vietnam Airlines. Three lines were then in service on routes linking Phnom Penh to Siem Reap, Phnom Penh-Ho Chi Minh City and finally Siem Reap-HCMC. ...

The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...

More creative thinking is needed to restore trust in Cambodian products, but intense competition from foreign investment has the potential to stifle local innovation, industry experts say. A survey of more than 600 Cambodian consumers undertaken by Thai Market Research Company Envirosell found that Cambodian consumers ...

Government officials yesterday met with representatives from the Republic of Ecuador to discuss ways to improve economic and political ties between the two countries, Foreign Ministry Secretary of State Ouch Borith said. The two countries also signed a memorandum of understanding to protect Cambodian artifacts ...

Natural rubber consumption in China, Cambodia’s largest rubber market, is expected to rise by 7.2 per cent in 2013 after growing by 4.5 per cent last year, according to the Singapore-based International Rubber Study Group (IRSG). Demand in North America was expected to grow 4.2 per ...

Cambodia had issued licenses to 146 domestic and foreign investment projects with the total investment of 2.05 billion U.S. dollars in the first eleven months last year, showed a report of the Council for the Development of Cambodia (CDC) released Tuesday. During the period, the ...

About 1,000 workers protested yesterday morning outside a Taiwanese electronics factory in Svay Rieng province’s Manhattan Special Economic Zone (SEZ) to demand better working conditions, a union representative said. Among workers’ demand is a salary increase from the current minimum monthly wage of $61 to $70, ...

The amount of money spent on construction in Cambodia soared by 72 per cent in 2012 compared to 2011, according to data from the Ministry of Land Management, Urban Planning and Construction. The ministry said it had issued 1,694 construction patents covering 6.5 million square metres ...

Work will start this year on a 400km railway line and a new seaport in Cambodia, with most of the funding coming from Chinese sources. Cambodia Iron and Steel Mining Industry Group (CISMIG) and China Railway Major Bridge Engineering have signed an agreement to jointly invest ...

Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...