សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Manulife Enters Cambodia Market With Phnom Penh Office
Manulife Financial Corp. (MFC), Canada’s largest insurer, has opened an office in Phnom Penh, Cambodia, its first in the Southeast Asian nation. Manulife has about 40 people in its Cambodian unit, the Toronto-based insurer said today in a statement. ...
http://www.bloomberg.com/news/2012-06-28/manulife-enters-cambodia-market-with-phnom-penh-office.html
Global Media Conference Yields Ideas for Cambodian Internet
Keo Kounila is Cambodian blogger who recently attend the Deutsche Welle Global Media Forum in Bonn, Germany. After meeting amid some 1,500 participants, she told VOA Khmer she had garnered new ideas to help develop Cambodia, including organizing seminars to help university students make better use ...
Equipment Seized From Plantation at Center of UK Fraud Probe
Forestry Administration officials have seized equipment valued at $1.5 million from a Banteay Meanchey province biofuel plantation, which is being investigated for fraud in the UK, company and forestry officials said yesterday. Sustainable Agro Energy’s assets were frozen in February and investigators at the U.K.’s ...
Experts Question New Trade Goal with Vietnam
Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last ...
Burger King Says No Plans to Open in Country
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 jump in the first half of the year
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 ...
Radio Station Owner Implicated in 'Secessionist' Movement
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 ...
Neglecting to conduct good market research is hurting SMEs in Cambodia
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, ...
S'ville Port Likely to Miss Bourse Registration Date
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 ...
Iran invites Cambodian PM to attend Non-Aligned Movement Conference in Tehran
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 ...
Inspiring tech entrepreneurship
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 ...
http://www.phnompenhpost.com/index.php/2012062556987/Business/tech-entrepreneurship.html
The week at CSX
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). ...
High interest rates on loans remain a big hurdle for Cambodian farmers
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 ...
Key Viet Nam-Cambodia border marker inaugurated
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 ...
MSG is increasingly being packaged in the Kingdom for domestic palates
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 ...
City to co-operate in all fields with Cambodia
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 ...
Cambodia Life takes long view approach
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 ...
http://www.phnompenhpost.com/index.php/2012062256944/Business/cambodia-life-takes-long-view.html
Halal food exports could boost trade
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 ...
Illicit Crocodile Farms Causing Price Collapse
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, ...
Growth Of Telephone Sub-Scribers Benefit From Population's Income
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 ...
U.S. Supports Strengthening High-Level Legal Networks in ASEAN
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 ...
TNS launches new office in Cambodia
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 ...
http://www.phnompenhpost.com/index.php/2012062256943/Business/tns-new-office-cambodia.html
Gov't Continues to Privatize State Properties
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 ...
Factories still skimping: ILO
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 ...