សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Farmers Sue UK Sugar Firm For Millions
Hundreds of Cambodian families are suing the British sugar firm Tate & Lyle in one of the U.K’s highest courts over a pair of plantations in Koh Kong province they accuse of violently forcing them off their land and out of their homes. The British law ...
New car sales back on track
New car sales noticeably increased in the first quarter of this year, a contrast to the year earlier period when sales dropped compared with the first quarter of 2011, officials said. Major car dealers in Cambodia said yesterday the jump is due to improvements in ...
http://www.phnompenhpost.com/2013041265053/Business/new-car-sales-back-on-track.html
Vendors: food prices rise before Khmer New Year
The price of meat will be higher during Khmer New Year, with prices rising between 2,000 riel and 3,000 riel ($0.50 and $0.75) per kilogram, according to vendors. Som Sreymom, a pork vendor at Kandal market, said the price of pork would hit as much as ...
France looks to increase exports to the Kingdom
France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. Among this year’s investments, concessions and construction company group Vinci, the largest building ...
Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say
Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...
Cambodia’s Conglomerate in talks to buy communications satellite from China
Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...
Cambodian Exports to EU See Rapid Growth in 2012
Cambodia’s exports to the European Union (E.U.) grew to $2.32 billion in 2012, a 23 percent increase compared to the previous year, according to the E.U.’s latest trade figures. The figures, released this week by the European Commission’s trade office, testify to the region’s growing role ...
http://www.cambodiadaily.com/news/cambodian-exports-to-eu-see-rapid-growth-in-2012-18329/
Ratanakkiri Clean Water Facility to Open in May
Ratanakkirri province’s first privately owned water treatment facility will begin to supply clean drinking water to thousands of households in Banlung City on May 1, but residents will have to pay a premium for its use, officials said yesterday. The $1.7 million facility being built ...
Water investors criticise return
Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...
Hor Kimsay
http://www.phnompenhpost.com/2013041165029/Business/water-investors-criticise-return.html
Cambodia begins first agricultural census
Cambodia’s first-ever agricultural census is under way, tasked with addressing the lack of reliable statistical information on one of the Kingdom’s most crucial economic sectors. The census is being taken by the government with assistance from the UN’s Food and Agriculture Organisation (FAO) in two ...
http://www.phnompenhpost.com/2013041165027/Business/cambodia-begins-first-agricultural-census.html
China pledges $548 million in aid to ally Cambodia
China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...
http://www.reuters.com/article/2013/04/10/us-cambodia-china-idUSBRE93909D20130410
Betargo readies for the contruction of its 18,000t per annum feed mill in Cambodia
Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...
Focus Thailand, Uzbek and Cambodia: LCCI gives roadmap to ambassadors to increase bilateral trade
The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday handed over country-specific roadmap to Pakistan ambassadors to Thailand, Uzbekistan and Cambodia that would help strengthen liaison, increase bilateral trade and promote economic cooperation. The Ambassador to Thailand Sohail Khan, Ambassador to Uzbekistan Riaz Hussain Bukhari ...
http://www.dailytimes.com.pk/default.asp?page=2013%5C04%5C10%5Cstory_10-4-2013_pg5_14
Duty-Free Sugar Exports to EU Hit $13 Million
The European Union (E.U.) last year continued to import millions of dollars worth of duty-free sugar from Cambodian plantations that have forced hundreds of families off their land despite calls from European lawmakers for the trade benefits to end, according to the latest E.U. data. Thailand’s ...
http://www.cambodiadaily.com/news/duty-free-sugar-exports-to-eu-hit-13-million-18114/
Mfone employees seeking consistency
About 200 former Mfone employees gathered in front of the Thai embassy in Phnom Penh yesterday in protest over claims that Thaicom, the failed telco’s parent company, had paid Thai staff even though Cambodian staff were still owed compensation. Noun Sam Ath, a former sales executive, ...
http://www.phnompenhpost.com/2013041064982/Business/mfone-employees-seeking-consistency.html
Tiffany to polish diamonds
Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...
http://www.phnompenhpost.com/2013041064983/Business/tiffany-to-polish-diamonds.html
U.S. imports large volume of organic rice
An unusual report shows that organic rice buyers in the U.S. are getting a large percentage of their rice from Cambodia. The Cambodian Center for Study and Development in Agriculture (CEDAC) exported 114 tonnes of organic jasmine rice to the U.S. in the first quarter of ...
http://www.agprofessional.com/news/US-imports-large-volume-of-organic-rice-201976661.html
Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB
Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...
http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm
Monitoring for Nothing: Is the ILO’s ‘Better Factories’ programme failing the Kingdom’s garment workers?
The United Nations in Cambodia has taken a beating in recent months. The UN-backed Khmer Rouge tribunal has been plagued by high-profile resignations and accusations of political interference. Elsewhere human rights activists have criticised the UN’s failure to take a firm stance against an increasingly ...
Frédéric Janssens
http://sea-globe.com/monitoring-for-nothing/
Local palm oil exporter targets EU
Mong Reththy Group (MRG), Cambodia’s largest exporter of palm oil, hopes to expand its exports to European markets this year. Mong Reththy, president of the firm, said the quota-free and duty-free trade frameworks provided by European governments factored heavily into the decision. “About 50 per cent of ...
http://www.phnompenhpost.com/2013040964951/Business/local-palm-oil-exporter-targets-eu.html
Water Supply Begins to Return to Sihanoukville
Anco Water Supply, a private company that is supplying Sihanoukville with access to fresh water has alleviated a water shortage that began when a state-owned reservoir dried up more than a week ago. Preah Sihanouk provincial governor Sbuon Sarath said that running water had been restored ...
Wary of China, Companies Head to Cambodia
Tiffany & Company is quietly building a diamond-polishing factory in Cambodia, a country popularly associated more with killing fields and land mines than baubles. Some of Japan’s biggest manufacturers are also rushing to set up operations in Phnom Penh to make wiring harnesses for cars and ...
Cambodia, Colombia ink deal for political consultation mechanism
Cambodia and Colombia on Monday signed a Memorandum of Understanding for the establishment of a political consultation mechanism in order to strengthen the bilateral relations and cooperation. The deal was inked between Ouch Borith, Secretary of State of Cambodian Ministry of Foreign Affairs, and Patti Londono, ...
http://news.xinhuanet.com/english/world/2013-04/08/c_132292534.htm
Cambodia Organizes Real Estate Exhibition
A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...
http://news.xinhuanet.com/english/business/2013-04/08/c_132292162.htm