សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Car sales sharply rise in Cambodia in 2012 due to strong economic growth
Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. “We sold about 800 units this year, up from 500 units last year, “Kong Nuon, president of ...
http://news.xinhuanet.com/english/business/2012-12/24/c_132060341.htm
More investment from India
Cambodia expects to attract more investment from India after an agreement on trade and investment was made by all ASEAN leaders last week in New Delhi. Officials said India would become a potential market for Cambodia. The agreement will encourage Indian investors to invest in ASEAN ...
http://www.phnompenhpost.com/2012122460431/Business/more-investment-from-india.html
From the Great White North to Takhmao
The town of Chilliwack in the Canadian province of British Columbia is indeed far, far away from the town of Takhmao in Kandal province. But, the cities have entered into a perhaps unlikely partnership to help Takhmao make the most of its location and resources ...
Rubber plant opts for export
A local investor has spent nearly US$5 million setting up a rubber-processing factory in Kampong Cham, a key province in the Kingdom’s rubber production for export rather than producing final products, an insider says. ...
http://www.phnompenhpost.com/2012122460430/Business/rubber-plant-opts-for-export.html
Inner Development Gap
When Sok Kheurn travels to the city of Siem Reap, some 32 kilometers from her home in Banteay Srei district, Siem Reap Province, the 58-year-old woman is always astounded by the differences she sees. While in her village, everyone gets water from wells and light at ...
Airport welcomes two mlllionth passenger
Phnom Penh International Airport last Thursday hit the two-million-passenger mark in a year for the first time. The figure included all international and domestic passengers arriving at, and departing from, Phnom Penh International Airport since the beginning of this year, a press release said. ...
http://www.phnompenhpost.com/2012122460428/Business/airport-welcomes-two-mlllionth-passenger.html
Ministries’ different interpretations, wood imports get stuck
The Vietnam Agriculture and Forestry Investment and Development Company in Hanoi is one of the two enterprises that signed a contract on importing 20,000 cubic meters of wood from Cambodia. Cambodian authorities approved the export of the volume of wood to Vietnam in 2011-2012. The ...
Annual Prahok Season Threatened by Poor Catch
Cambodia’s annual prahok season began Wednesday along the Tonle Sap River, with fishermen unloading boatloads of tiny fish onto weigh stations along the riverbank. But due to low water levels during this year’s five-day migration season, fishermen and buyers were predicting a poor catch, both in ...
http://www.cambodiadaily.com/business/prahok-season-threatened-by-low-water-levels-6818/
Cambodia seeks $57m Indian loan
Cambodian Prime Minister Hun Sen asked for $57m concessional loan from India for two development projects and urged India to consider direct flights to Cambodia. He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated ...
http://thepeninsulaqatar.com/india/218944-cambodia-seeks-57m-indian-loan-.html
Telecommunications Minister Assures Internet Cafe's Futures
More than a month after ordering Internet cafes within 500 meters of schools to shut down, Telecommunications Minister So Khun said yesterday that no cafes would be force to close. “We have no plans to close any cafes. We encourage more to open,” Mr. Khun said ...
http://www.cambodiadaily.com/news/telecommunications-minister-assures-internet-cafes-futures-6801/
LG Brand Shop to open Saturday
South Korea’s LG Electronics said the grand opening of its new outlet on Monivong Boulevard would take place on Saturday. ...
Exports to US rise by 0.2 per cent
Cambodia’s total exports to the United States increased by 0.2 per cent over the first 10 months of the year, a year-on-year analysis from the US Department of Commerce showed. The data showed exports to the US totalled $2.296 billion between January and October this ...
http://www.phnompenhpost.com/2012122160403/Business/exports-to-us-rise-by-0-2pc.html
Telecom Minister Wants Mobile Firms to Merge
Telecommunications Minister So Khun said yesterday that more mergers and acquisitions should take place between Cambodia’s mobile operators in order to ease the ruthless competition currently seen in the market. ...
Chinese Steel Giant Gets Ready for Cambodian Arm
A massive Chinese steel firm, with which Prime Minister Hun Sen signed a $2 billion deal to build a steel mill in September, has formed a subsidiary company in Cambodia, according to a company announcement. Delong Holdings Limited, which is listed on the Singapore Stock Exchange but has ...
Qatar Airways to Cambodia
Qatar Airways will add a stop in Phnom Penh on it [sic] Doha-Ho Chi Minh City route, 20 February, while Air France announced it will pull its Phnom Penh service in March. Qatar Airways will operate a daily service between Doha-Phnom Penh via Ho Chi Minh ...
http://www.ttrweekly.com/site/2012/12/qatar-airways-to-cambodia/
More regional flights to be available in Cambodia
Regional flights to Cambodia will rise next year with the news that Philippines Airlines is eyeing flights to the Kingdom and Singapore’s SilkAir announced it would increase the frequency of flights to Siem Reap. The regional wing of Singapore Airlines, SilkAir, announced on Tuesday an increase ...
National Bank Constructing New Office Building
The National Bank of Cambodia (NBC) is constructing a spacious new office building in Phnom Penh’s Sen Sok district, though officials at the central bank yesterday insisted there were no plans in store to vacate their current, storied headquarters on Norodom Boulevard. “The headquarters will remain where it is ...
ITC defends its use of funds, claiming silk weavers profiting
The International Trade Centre (ITC) yesterday rejected criticisms over the misuse of expenses and funds for a sector-wide Cambodian silk project, saying its approach was appropriate and well managed. Mao Thora, secretary of state for the Ministry of Commerce, publicly criticised the ITC during a seminar ...
Deputy PM promises tighter fiscal controls
Cambodia’s Deputy Prime Minister yesterday reiterated his commitment to criminalising money laundering and terrorist financing in the Kingdom. Sok An reassured delegates at the Asia-Pacific Group (APG) on Money Laundering of Cambodia’s commitment to implementing comprehensive procedures to stop illegal monetary transactions. ...
http://www.phnompenhpost.com/2012122060381/Business/deputy-pm-promises-tighter-fiscal-controls.html
World Bank Report Predicts 6.6 Percent Growth
Cambodia’s economy will grow by an average of 7 percent in each of the next five years, the World Bank said yesterday in a report on the country’s economic outlook. In its periodic update on economies in the region, the World Bank predicted gross domestic product ...
Cambodia reports strong October travel
International arrivals to Cambodia bounced back in October with a growth of 20% after a below average performance in the third quarter. Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 24.8% to 290,959 during October. The percentage increase for 10 months lifted ...
http://www.ttrweekly.com/site/2012/12/cambodia-reports-strong-october-travel/
China is top dam builder, going where others won't
Up a sweeping jungle valley in a remote corner of Cambodia, Chinese engineers and workers are raising a 100-meter- (330-foot-) high dam over the protests of villagers and activists. Only Chinese companies are willing to tame the Tatay and other rivers of Koh Kong province, ...
http://www.bellinghamherald.com/2012/12/18/2809176/china-is-top-dam-builder-going.html#storylink=rss
Metfone operator forecasts $280 mln profit in 2012
Viettel (Cambodia) Co Ltd expects earnings to rise almost 10 percent to about $280 million in 2012, deputy chief Tran Le Phong said. The Vietnamese operator of the Metfone network expects to pay $60 million in taxes this year, up from $52 million last year ...
Cambodia exposed to large fiscal risks from disasters
Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned Wednesday. In its annual economic update on East Asia and the Pacific, the bank said the region was the most disaster-stricken in ...
The Cambodian Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NzMyZGM3M2ZiN2Y4ODU1ZDM0ODJjYmI5NDQwMTM3