Imported Delays Cap Pharma Growth

Although the Ministry of Heath estimates that 40 to 50 percent of Cambodians use traditional medicine, the Kingdoms Pharmaceutical industry is growing rapidly. In 2012, according to the latest forecast from Business Monitor International (BMI) people in Cambodia spent $263 million on pharmaceuticals, compared with $217 ...

http://www.phnompenhpost.com/2013012861016/Business/import-delays-cap-pharma-growth.html

Rice exporter turns to Cambodia

Capital Rice Ltd, Thailand’s third-largest rice exporter, is shifting some of its business to Cambodia as the Thai market shrinks because of government intervention that has diverted grain into state stockpiles or made it too expensive to ship. “We have built a medium-sized milling house in ...

http://www.bangkokpost.com/breakingnews/332629/disillusioned-rice-exporter-turns-to-cambodia

Corn prices to rise with new Thai policy

Cambodian officials in provinces bordering Thailand said the price of Cambodian corn would increase as a result of a reduced supply and a new Thai government policy of importing more corn for animal processing. The Bangkok Post reported on Tuesday that the Thai cabinet approved the ...

http://www.phnompenhpost.com/2013012560987/Business/cambodian-corn-prices-to-rise-with-new-thai-policy.html

Minh: Connectivity is key to Asean's tourism plans

Connectivity is crucial to the process of building the Asean Community, and ties in with the effort to market the region as a single tourist destination, the grouping’s chief said. “Asean is in the process of building the Asean Community, and in the process of building ...

http://www.nationmultimedia.com/aec/Minh-Connectivity-is-key-to-Aseans-tourism-plans-30198610.html

Denso To Turn Out Motorcycle Parts In Cambodia

Denso Corp. (6902) will begin making motorcycle parts in Cambodia in July, responding to growing production of vehicles in Southeast Asia. The autoparts manufacturer will establish a production subsidiary in Cambodia in April. Plans are to lease a plant in the Phnom Penh Special Economic Zone ...

http://e.nikkei.com/e/fr/tnks/Nni20130123D2301N02.htm

$20m mill will lift rice exports

Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...

http://www.phnompenhpost.com/2013012460970/Business/20m-mill-will-lift-rice-exports.html

Cambodia secures $11bn funding to boost iron exports

Work will start this year on a 400km railway line and a new seaport in Cambodia, with most of the funding coming from Chinese sources. Cambodia Iron and Steel Mining Industry Group (CISMIG) and China Railway Major Bridge Engineering have signed an agreement to jointly invest ...

http://eandt.theiet.org/news/2013/jan/cambodia-railway.cfm

Cambodia inaugurates China-financed new container terminal

Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution. The inauguration ceremony was presided over by Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia ...

http://news.xinhuanet.com/english/china/2013-01/22/c_132119517.htm

Cambodia’s garment workers to get pay rise for 2013

Garment Manufacturers Association of Cambodia (GMAC) on Monday agreed to increase salaries for the workers in the kingdom’s garment and footwear industries, according to a press release after a closed door meeting. The meeting was attended by Minister of Social Affairs Ith Samheng, Minister of Labor ...

http://www.nzweek.com/world/cambodias-garment-workers-to-get-pay-rise-for-2013-43866/

Strikes in Cambodian factories may hit orders

Officials of the Garment Manufacturers Association in Cambodia (GMAC) are concerned that recent strikes could delay delivery to customers, and factories are looking for solutions to meet buyers’ demands. About 10,000 workers in seven or eight garment factories have gone on strike recently demanding higher wages ...

http://www.phnompenhpost.com/2013012160882/Business/strikes-in-cambodian-factories-may-hit-orders.html

Factory workers complain over low wages

Factory workers complain that their low salaries are not keeping track with the price of goods and services. Phoeun Sreyleak, 20, said she gets $70 a month including bonuses for health care and rent. “My basic wage is only $58,” she said. “My friend gets 2,000 riel ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=14&token=NTgwYjBiZDU0MGY2NDQ2NWM3NDg1MjI3OGE4Yjg1

ASEAN ministers vow to deepen tourism cooperation

Representatives of the ten ASEAN nations met on Sunday in Laos’ capital of Vientiane to launch the ASEAN Tourism Forum (ATF), where they pledged to expand tourism cooperation and discussed creating a pan-ASEAN tourist visa. The ATF, which was first held in 1981, is designed to ...

http://news.xinhuanet.com/english/world/2013-01/20/c_132115298.htm

US Seeks Infrastructure Deals in Cambodia

Looking to compete with Chinese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said yesterday in Phnom Penh. The plans, which come as part of a strategic and economic embracing of Asia ...

http://www.cambodiadaily.com/business/us-seeks-infrastructure-deals-in-cambodia-7945/

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