សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
ពាណិជ្ជកម្ម
Senator Tries to Settle Court Case With Cash
CPP Senator Ly Yong Phat visited families embroiled in a long-standing land dispute with a Thai-owned sugar company on Monday in an attempt to convince them to drop their complaints against the firm at the court, villagers and officials said yesterday. The visit comes as pressure ...
Rice Production Down Due to Limited Rainfall, Report Says
After rising significantly in recent years, Cambodia’s rice production will fall this year because of a shortage of rain, the U.N. Food and Agriculture Organization (FAO) said in a new report. In its second quarter Rice Market Monitor report for 2012 published on Monday, the FAO ...
China giant looks to Kingdom
Shandong Shantui, a Chinese firm and one of the largest manufacturers of heavy construction machinery and largest producer of bulldozers has expressed an interest in investing in Cambodia’s agricultural sectors. General Manager Cheng Zhaohong met with Cambodia’s National Assembly President Heng Samrin yesterday morning to present the company’s ...
http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html
Growth to be focus of ASEAN Economic Summit
Prime Minister Hun Sen will be opening the 44th ASEAN Economic Ministers Meeting and related meetings will kick off August 27 in Siem Reap, the centre of Khmer culture and civilization in Cambodia, and will run to September 1, according to the Ministry of Commerce. The meeting ...
CSX wants more trading sessions
The Cambodia Securities Exchange (CSX) has requested adding four trading sessions in the hopes of increasing trade volumes. The request, if approved by the Securities and Exchange Commission of Cambodia, could see new sessions added within a month. The CSX has seen low trading volumes over the ...
No Cause for Concern - Experts not worried about decrease in fixed-asset investment
At first glance, the numbers indicate Cambodia’s investment climate has grown a little colder. Conditions appear to be worse than they were a year ago due to a big drop in total fixed assets for approved investment projects. However, economists say the Cambodia outlook is actually ...
New spin on an old traditionArtisan Designers (AND)
Putting a new spin on a traditional art form isn’t a simple thing to achieve, but for niche fashion enterprise Artisan Designers (AND) an ambitious new branding campaign is seeing Cambodian handicrafts pushed in a new direction. Opening eight months ago on the tourist-friendly street 240, ...
http://www.phnompenhpost.com/index.php/2012080657820/Business/new-spin-on-an-old-tradition.html
Adidas joins fashion district
Phnom Penh now offers Adidas brand-name sportswear at #90 Sihanouk Boulevard just west of the Independence Monument in the latest enhancement of what has become Cambodia’s fashion district. Phnom Penh’s movers and shakers were on hand for Saturday night’s Adidas launch event with a tent-enclosed street-side stage adjacent ...
http://www.phnompenhpost.com/index.php/2012080657821/Business/adidas-joins-fashion-district.html
Strike may end if deal holds: union
Workers who have been told they have been sacked for striking at the co-owned Tai Yang and Camwell factories will forget about their seniority bonuses – for now – if they are reinstated, unions and an advocacy group said yesterday. In an attempt to end one ...
National Bank of Cambodia looks at local yuan role
Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...
The week at the CSX August 2-8
The price of Phnom Penh Water Supply Authority stock from the period of August 2 to 8 remained very stable at KHR6,500 for most of the week after a slight increase from KHR6,400 (US$1.57) to KHR6,500 (US$1.6) on August 3. Trading volumes overall were lower ...
Cambodia Falls Short of Region's Energy Goals
Speaking to an audience of more than 150 private- and public-sector energy officials at the Second East Asia Summit Energy Efficiency Conference, officials agreed that not enough was being done to convince manufacturers and other large consumers of energy to switch to new energy efficient ...
Philip Heijmans, P. 21
http://www.cambodiadaily.com/
Small and medium enterprises prepare for ASEAN
Cambodia’s small and medium enterprises (SMEs) are busily preparing for the ASEAN Economic Community’s free flow of goods in 2015 and are probably not that different from the other 10 ASEAN member states’ own SMEs. Te Taing Por, president of the Federation of Associations for ...
Rubber price drops as exports increase
Rubber exports increased by more than 5 per cent in the first half of the year compared to the same period in 2011 as the price decreased more than 28 per cent, according to data received from Cambodia’s Ministry of Commerce. The data shows that ...
Push for trade in yuan increasing
Slowly but steadily, demand to do cross-border business in Chinese yuan is pushing its way into one of Asia’s dollar-dominated strongholds. As China continues to liberalise the yuan – or at least hint at when some capital controls could be lifted – Cambodian businesses that import ...
http://www.phnompenhpost.com/index.php/2012072557593/Business/push-for-trade-in-yuan-increasing.html
Loans, deposits mirroring growth
Loans and deposits at Cambodia’s 32 commercial banks rose by more than 30 per cent and 20 per cent, respectively, year-on-year in the first half of 2012, which the central bank governor and economists said reflected the growth in economic activities even as export growth ...
http://www.phnompenhpost.com/index.php/2012072457572/Business/loans-deposits-mirroring-growth.html
Cambodia’s largest port reports US$14-M revenues, + 14% in 1st 5 months of Y 2012
Cambodia’s largest Sihanoukville Autonomous Port (SAP) Saturday reported that it earned the total revenues of about US$14-M in the 1st 5 months of this year, + 14 rise from US$12.3-M at the same period last year. Goods exported through the port are mostly garment products and ...
Indian envoy seeks direct flights to Cambodia
India’s Ambassador Dinesh K. Patnaik pledged Tuesday to urge Indian airlines to operate direct flights to Cambodia in order to boost bilateral relations in trade, investment and tourism. ...
http://in.news.yahoo.com/indian-envoy-seeks-direct-flights-cambodia-061659956.html
New border crossing to open at Preah Vihear
Cambodia and Thailand will open another permanent border crossing between Preah Vihear province and Thailand’s Ubon Ratchathani province on Wednesday An Ses, the new permanent border crossing, is primarily used for the trade of agricultural products. Cambodian people usually import products from Thailand through the crossing, ...
REDD Forests Endangered by Loggers, Soldiers
Banteay Ampil district, Oddar Meanchey province – The families of Beng commune have new neighbors: a battalion of Royal Cambodian Armed Forces (RCAF) soldiers building a military base inside one of 13 pockets across the province aiming to be the first forest-based carbon trading scheme ...
Cassava plantings decrease
Cassava plantings in Battambang province dropped more than 18 per cent in the first half of the year compared to the same period in 2011, according to agriculture officials. The decease is a result of that previous year’s yield fetching a low price and farmers ...
http://www.phnompenhpost.com/index.php/2012072357551/Business/cassava-plantings-decrease.html
Trade Deficit Up 34 Percent On Last Year
Cambodia’s trade deficit in the first half of the year grew 34.31 percent compared with the same period in 2011, reaching $1.36 billion, according to data released by the Ministry of Commerce. Though revenues earned from exports grew 12.13 percent to about $2.50 billion, a growing ...
Cambodia's export growth falls
Increased labour strife in the garment sector and slumping Western economies contributed to a slow-down in Cambodia’s exports during the first six months of the year, with total growth dropping by about 74 per cent year on year. Exports rose, to US$2.5 billion, up 12 per ...
http://www.phnompenhpost.com/index.php/2012072357550/Business/export-growth-falls.html
Gas Imports Grow to Nearly 1M Tons This Year
Oil imports to Cambodia in the first half of the year increased 22 percent to nearly 1 million tons compared to the same period last year, according to figures obtained yesterday from the Ministry of Commerce. According to the data, Cambodia imported 922,860 tons of gas ...