សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Cambodia Bourse Sees End to IPO Drought
Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...
http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj
Hanging by a Thread
Cambodia’s tradition of silk production is one that dates back as far as the 13th century. A long-standing symbol of status for the rich and the country, ancient Angkorian silk producing Cambodia bore unique weaving and reeling techniques that have been passed down from generation ...
http://www.bangkokpost.com/business/economics/320823/hanging-by-a-thread
Maruhan Japan Bank buys stake in MFI – Sathapana
Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...
http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/
2013 National Budget to Rise Above $3B
Government spending next year will total more than $3 billion, a 16.2 percent increase from the $2.6 billion set aside for 2012, according to a draft of the national budget obtained Friday. The budget states that the government will allocate some $400 million, or 13.32 ...
http://www.cambodiadaily.com/business/2013-national-budget-to-rise-above-3b-5428/
Ratings Agency Retains Stable Growth Outlook for Cambodia
Rating agency Standard & Poor’s (S&P) on Friday reaffirmed Cambodia’s long-term sovereign credit rating of “B” due to the country’s positive growth outlook, but again warned of risks related to the country’s narrow economic base. “Economic output growth is vulnerable due to the still large ...
Decorative plants are more popular than ever, but most are imported
Sar Botra has always liked gardening. The front yard of his house, an explosion of flowers and plants, makes it clear that he’s got a very green thumb. He used to spend a lot of time with his plants after work or on the weekends, ...
Ahead of High-Level Meetings, City Sweeps More Than Streets
Authorities in Daun Penh district have rounded up more than 120 so-called homeless people, drug users and sex workers ahead of next week’s high-level meetings for Asean and international delegates in Phnom Penh, a district official said yesterday. Phnom Penh City Hall has also focused ...
Regional, Local Activists Plan Forums to Coincide With Summits
Activist groups are planning to hold two separate forums this week in Phnom Penh to call attention to human rights issues and other problems in Asean countries as a meeting of regional and world leaders begin in the city. The assembly will meet ahead of ...
Obama steers US towards focus on Asia
On his first foreign trip since Tuesday’s election, US President Barack Obama is planning a historic visit to encourage reforms in Myanmar – seen as a key success during his first term – and he’ll also go to Thailand and Cambodia. Secretary of State Hillary Clinton ...
Senator Offers Cash Compensation to Evictees
CPP Senator and business tycoon Ly Yong Phat last week continued to offer families in Koh Kong province cash compensation to get them to drop out of a lawsuit against two sugar cane plantations he once owned, according to villagers. But villager Phann Khly yesterday ...
Cambodian legislators, officials talk to enhance migrant worker rights
Approximately 150 parliamentarians, government officials, recruitment agency representatives, trade unions leaders, and development partners gathered here on Monday to discuss ways and measures to promote and protect the rights of Cambodian migrant workers. Speaking at the opening of the parliamentary forum on the promotion and protection ...
http://news.xinhuanet.com/english/world/2012-11/12/c_131967978.htm
Controversial Pöyry tapped for Xayaburi
Multinational consulting and engineering firm Pöyry has signed a contract with the Lao government to supervise construction of the divisive Xayaburi hydropower dam in the country’s north, it announced Friday. This work, carried out by its Energy Business Group, will include reviewing the design and ...
Rural areas gain clean water
An NGO has plans to supply clean water to 60 rural provinces between 2013 and 2016 in an effort to increase access to water and meet the demand of their citizens. Chai Lo, the founder and country director of 1001 Fontaines, said at the opening of ...
http://www.phnompenhpost.com/index.php/2012111259680/Business/rural-areas-gain-clean-water.html
Construction Investment – Cambodia
Construction investment rises sharply Investment in construction in the Kingdom during the first nine months of this year rose 83.6 per cent, according to data from Ministry of Land Management Urban Planning and Construction last week. The data showed that during the first nine months of ...
http://www.cbre.com.kh/2012/11/construction-investment-cambodia/
“Once we enter a market, we are committed to it”
Philip Hampden-Smith, general manager of Southeast Asia operations at Manulife, talks about the company’s entry into the Cambodian market and what the new few years might bring. Cambodia’s nascent life insurance industry may be just only a year old but the nation of nearly 15 million ...
Benefits from ‘black gold’- Revenue from Cambodian oil fields could provide a big boost to development, if it’s done right
If Cambodia’s oil and gas sector is well managed, and transparent, it could provide the country a golden opportunity for investment, development and poverty reduction, said independent economist Chan Sophal, who spoke at a recent gathering looking at the economies of oil-producing countries. Chan Sophal said ...
Cambodia has capacity to meet financial commitments
What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...
Vietnam, Laos, Cambodia seek investments for Mekong sub region
Delegates attending a forum on investment and cooperation for the Mekong sub region, held in the central highland province of Dak Lak on November 9, all agreed that Vietnam, Laos and Cambodia need to work on common preferential policies to attract lucrative investments for the ...
Cheap Cambodian sand reaches city
The scarcity of sand in the city has forced construction companies to import sand mined from the Mekong River in Cambodia. A consignment of sand from Cambodia has already reached the city. More consignments are likely. The importers are likely to use the sand for ...
http://www.thehindu.com/news/cities/chennai/cheap-cambodian-sand-reaches-city/article4082209.ece
CAMBODIA: Garment exports soar 9.9% in 9 months
Cambodia’s garment exports rose 9.9% to $3.44bn in the first nine months of this year, up from $ 3.13bn a year ago, according to the latest figures from the Cambodian Ministry of Commerce. ...
http://www.just-style.com/news/garment-exports-soar-99-in-9-months_id116076.aspx
Hun Sen to Hold Bilateral Talks With Obama During Summit
Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...
Pentagon chief to visit Australia, Thailand and Cambodia
US Defense Secretary Leon Panetta will travel to Australia, Thailand and Cambodia next week as part of America’s strategic tilt to the Asia-Pacific, even as crises in the Middle East demand the Pentagon’s attention and resources. In a week-long trip starting Sunday, Panetta will head to ...
City brushes off ice factory complaint
Phnom Penh municipal officials Nov. 8, 2012 dismissed the complaints of more than 60 families about a Russei Keo district ice factory’s levels of noise and bad fumes. Following their inspection of the Om Rith factory, a manufacturer of Super Ice, officials from Phnom Penh’s Department ...
Manulife pays out to family over Everest climber’s death
Life insurance company Manulife has compensated its first client since it began operations in Cambodia in June this year, a company official said. Robert J Elliott, CEO and general manager, told the Post yesterday that Manulife disbursed its first claim to the beneficiaries of its client, ...