សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

U.S. fast-food chain Burger King said yesterday that no one holds the rights to open a branch of its restaurant in Cambodia, despite job advertisements appearing online featuring the company’s logo. . “Currently, we do not have any established franchisee in Cambodia,” Tan Ching Ee, marketing ...

Property prices in both in Phnom Penh and the surrounding suburbs have increased around 10 percent in the first half of 2012 as more foreign investors buy up new condominiums and banks provide more housing loans, say real estate experts. After years of flat prices due to weak demand in the wake of ...

Prime Minister Hun Sen yesterday implicated Mam Sonando, owner of the independent Beehive Radio station, in an alleged secessionist movement in Kratie province and announced the government’s intentions to arrest him. “Now, we compete with the ringleader of the Democrats Association, which created the state ...

A large majority of Cambodian small and medium-sized enterprises are operating without conducting good market research, say experts in the field, and relying too heavily on informal information and networks. As a result, they are growing slowly and in some cases, falling behind their competitors. Market research involves gathering information about markets and customers. Laurent Notin, ...

An official at the Sihanoukville Autonomous Port yesterday said the state-owned firm would miss its target of registering with the Securities and Exchange Commission of Cambodia (SECC) next month, a key step before listing on the country’s nascent bourse. Ho Hongsik, director of SBI Royal ...

The Islamic Republic of Iran on Wednesday invited Cambodian Prime Minister Hun Sen to attend the Non-Aligned Movement (NAM) Conference to be held in Tehran in late September, according to officials. Meanwhile, [Hun Sen], on the bilateral ties, asked Iran to expand relations and cooperation with ...

The arrival of Startup Weekend in Cambodia marked a new beginning for high-tech entrepreneurship as more than 80 people worked on all kinds of new business ideas all weekend at Yellow Tower across the Tonle Sap from The Riverside. Chief Marketing Officer Joey Pomerenke of Startup ...

The price of Phnom Penh Water Supply Authority (PPWSA) stock varied only slightly between June 14 to June 21-hovering between KHR 6,600 (US$1.62) and KHR 6,700 (US$1.64). The relative stability tells investors that the stock is approaching its fundamental price, which experts say is between KHR 4,050 (US$0.99) and KHR 6,350 (US$1.56). ...

Sitting in front of her small house in the Chey Thorn commune of Kandal province, 35-year-old Sokhun’s face is etched with worry. She would like to plant crops on her four hectares of land, but she only has enough money to cultivate two of them. She could go to a microfinance finance institution ...

The Vietnamese and Cambodian Government leaders yesterday chaired a ceremony inaugurating marker 314, the last one in numerical order on the countries’ land border. The marker is between My Duc commune, Ha Tien town, in the southern province of Kien Giang, and Russey Srok Khang Lech ...

Imports of packaged monosodium glutamate (MSG) decreased noticeably in the first four months of this year, not because Cambodians are turning away from the popular flavor enhancer, but because a local packaging factory is increasingly meeting domestic demand. Figures from the customs department of the Ministry of Economy and Finance revealed that from January ...

HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...

A new, government-owned life insurance company aims to provide a safety net for Cambodian families, according to In Meatra, director-general of the Cambodia Life Insurance Company Plc. Located on the 21st floor of Canadia Tower, Cambodia Life opened on May 21 and has 23 employees.  “Cambodia ...

Cambodia could attract an increasing number of Malaysian investors interested in food production and global export if moves to create a halal food recognition body were implemented, Malaysian ambassador Mond Tahir Nasruddin said yesterday. Officials were working together to establish the halal food product recognition ...

An abundance of illegal crocodile smugglers operating without a license and exporting animals to Vietnam has led to the price of crocodiles dropping by more than half compared to the same period last year, breeders said yesterday. Loun Nam, president of the Crocodile Feeder Association, ...

After reforms instituted in 2011, the price of international phone calls dropped subsequently. In 2011, the price cost fell from 2.76 cent in 1997 to 0.25 cent per minute for mobile phone and desk phone cost about 2.56 cent in 1997 to 0.25 cent in 2010, and 2011 respectively, the report from the ...

Over 70 judges and justice ministry officials from throughout ASEAN gathered at a U.S.-supported ASEAN legal and judicial cooperation workshop in Cambodia this week for an unprecedented exchange of ideas on the rule of law in the ASEAN region. Representatives from the ASEAN Senior Law Officials Meeting (ASLOM), ASEAN Member State judicial bodies, and the ASEAN ...

International market- research company TNS has announced the opening of the company’s first office in Cambodia, and has joined forces with MSD, a Cambodian market and social research firm that is a “long-standing partner”, an official company statement said. Ralf Matthaes has been appointed regional managing ...

The privatization of state-owned land continued last month with several large government- owned plots in Phnom Penh transferred to state-private property, according to a sub-decree signed by Prime Minister Hun Sen. According to the document signed May 24, the state-owned properties, measuring 40,998 square meters in ...

Cambodia’s garment exports exceeded US$1 billion during the first quarter of 2012, yet many factories are failing to pay workers proper maternity leave benefits or address issues of fainting, a labour report says. The International Labour Or­ganization-Better Factories Cam­bodia’s Twenty Eighth Syn­­­thesis Report on Working Conditions ...

Despite authorities turning a blind eye to their villages for more than 15 years, about 2,000 families living near Preah Sihanouk province’s Kbal Chhay waterfall face imminent eviction to make way for a clean-water processing plant, officials said yesterday. Prime Minister Hun Sen’s recent bold move ...

Samdech Prime Minister Hun Sen on June 14 ordered line ministries to distribute land to landless and real poor people to contribute to strengthening social equity system in the kingdom. “Landless and real poor people will get a plot of land with land titles according to the obvious situation,” Premier said in the launching ceremony ...

Cheju Halla, a Korean university, plans to build a university of tourism and hospitality in Siem Reap next year, Tourism Minister Thong Khon told reporters yesterday at a meeting with Han Soo Kim, the new South Korean ambassador to Cambodia. The Ministry of Tourism has requested ...

Patrick Devillers, the French national and associate of disgraced Chinese politician Bo Xilai, seemed to be putting down roots in Cambodia. The architect – whose shadowy presence has been on the fringes of one of modern China’s largest political scandals – owned land and a restaurant ...