Royal Palace Road Closures Are Crippling Local Businesses

Owners of local businesses along six streets near the Royal Palace that have been closed to prevent excessive noise during the three-month mourning period for late King father Norodom Sihanouk said yesterday that the road blocks are having a negative impact on their trade. Gated roadblocks ...

Thailand cracks down on exploitative factory

In a rare intervention, the Thai Labor Ministry has stepped in to stop the exploitation of migrant workers from Cambodia and Myanmar at a seafood factory in the country’s south, correspondence obtained by the Post reveals. The ministry found the Phatthana Seafood factory, in Songkhla province, which employs ...

http://www.phnompenhpost.com/index.php/2012102359354/National-news/thailand-cracks-down-on-exploitative-factory.html

Higher costs forcing Chinese firms to relocate to Southeast Asia

China’s rising wages and shrinking export demand are forcing manufacturers to relocate to neighbouring Southeast Asian nations and many that remain are seriously considering moving, a foreign trade official from the Ministry of Commerce said Buyers have “turned their eyes to manufacturers from Southeast Asian countries”, ...

http://my.news.yahoo.com/higher-costs-forcing-chinese-firms-relocate-southeast-asia-091002927.html

Cambodia's Trade Deficit Grows to Almost $2 Billion

Cambodia’s trade deficit reached $1.99 billion through the first nine months of the year, an increase of 33 percent compared to the same period in 2011, according to data released by the Ministry of Commerce on Saturday. Chinese state news agency Xinhua reported that the total value ...

Cambodia's Ancient Silk Industry Hangs by a Fine Thread

Welcome to Cambodia’s lone Silkworm Egg Production Center, and to the techniques that are being used to prevent and monitor diseases that are currently killing off more than 50 percent of all silkworm production in the country. Established by the U.N.’s Food and Agriculture Organization (FAO), ...

http://www.cambodiadaily.com/business/cambodias-ancient-silk-industry-hangs-by-a-fine-thread-4662/

AHAVA expanding to 7 more countries

AHAVA Dead Sea Laboratories is expanding its international activity Dead Sea products to be sold in Poland, Italy, Switzerland, Korea, Greece, Denmark and Cambodia. Company CEO expects 10% growth in sales in coming year “In Phnom Penh, the Cambodian capital, we are operating through a franchisee’s store, ...

http://www.ynetnews.com/articles/0,7340,L-4291229,00.html

Cambodia's garment export reaches 3.54 bln USD in 8 months, up 11%

Cambodia has exported garment and textile products in equivalent to 3.54 billion U.S. dollars in the first eight months of 2012, a 11 percent rise from 3.19 billion U.S. dollars at the same period last year, a report from the Commerce Ministry showed Friday According to ...

http://news.xinhuanet.com/english/business/2012-10/19/c_131916898.htm

Vendors Capitalize on King Father Keepsakes and Memorabilia

Vendors at the Royal Palace were doing a brisk trade yesterday, as people wanting to own a little piece of history- King Father Norodom Sihanouk memorabilia- purchased photographs of the late monarch, as well as freshly printed T-shirts bearing late King’s image. Almost immediately after news ...

Mekong River threatened by transport of dangerous goods

The Mekong River Commission has released a comprehensive risk analysis of the transport of dangerous goods and issued recommendations to prevent oil spills, industrial waste and other emerging threats from navigation. Developed by the MRC Navigation Programme in Phnom Penh, the risk analysis finds that the ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzhkYTdlNTQzYTUzMjNiNmJhOTU3NGRkZjk5ODVk

Xiamen expected to set up sister city relationship with Cambodia's Kampot

Cambodia may set up a consulate in Xiamen in the near future, and the Cambodian port city of Kampot is expected to establish sister city relationship with Xiamen, reported Haixi Morning News on Wednesday. Cham Prasidh, Cambodian Minister of State and Minister of Trade and Commerce, ...

http://www.whatsonxiamen.com/news27659.html

Prices rise during mourning

Flower prices soared considerably due to the official mourning period of Cambodia’s former king, Norodom Sihanouk, according to vendors. Crowds of people set upon flower shops at different markets in Phnom Penh, where tens of thousands of mourners participated in paying their respects to the former ...

http://www.phnompenhpost.com/index.php/2012101859296/Business/prices-rise-during-mourning.html

The CSX at six months

Every day, thousands of people drive past a big electronic billboard showing market data from the Cambodia Securities Exchange (CSX), the first securities market in the Kingdom’s history. While waiting for the traffic light, those Cambodians who are interested can get a glimpse of the ...

http://etmcambodia.com

Indonesian Trader Close to $1.5b Cambodia Sales Deal

Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...

http://www.thejakartaglobe.com/business/indonesian-trader-close-to-15b-cambodia-sales-deal/550207

Cambodian Scholar Suggests Pernicious Effects of Aid Dependence

For political economist Sophal Ear, this view is more nuanced. In his book ‘Aid Dependence in Cambodia: How Foreign Assistance Undermined Democracy‘, published by the Columbia University Press (2012), years of dependency are not showing positive results in the rehabilitation of Cambodia, its democracy and war ...

http://asiancorrespondent.com/90669/cambodian-scholar-suggests-pernicious-effects-of-aid-dependence/

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