World Bank Raises GDP Outlook for 2012

The World Bank yesterday raised Cambodia’s gross domestic product outlook for 2012 by 0.1 percent to 6.6 percent, saying that last year’s flooding and the global economic slowdown did not affect Cambodia’s economy as much as first expected. According to the World Bank’s East Asia and ...

Capital port delayed until early next year

Quashing hopes of opening the Phnom Penh Port for the high trade season that begins in July, the port’s director said the pace of construction would push the official launch date into next year. ...

http://www.phnompenhpost.com/index.php/2012052256294/Business/capital-port-delayed-until-early-next-year.html

Cambodia, Thailand to Partner on Border Zone

In an effort to bolster bilateral trade, Commerce Minister Cham Prasidh and his Thai counterpart, Boonsong Teriyapirom, agreed in Bangkok on Sunday to establish a special economic border zone, Thai media reported yesterday. Though it remained unclear when or where the zone would be set up, ...

UK to open investment office

The United Kingdom Trade and Investment Office would establish a permanent branch in Phnom Penh in the expectation that economic ties between the two countries would continue to grow, Cambodian and UK officials said yesterday. Bilateral trade has risen by 300 per cent during the past ...

http://www.phnompenhpost.com/index.php/2012051856232/Business/uk-to-open-investment-office.html

British companies eye on Cambodia on education, construction and finance services

Considering the growth potential of US$400-million worth in bilateral trade between the United Kingdom and Cambodia for the past five years, the British Trade and Investment office plans to establish its permanent branch in Phnom Penh. British companies are eyeing investment opportunities in education, construction and ...

http://www.etmcambodia.com/news.php?id=49

Fewer Pig Imports Send Pork Prices Upward

Growing demand for pork on the Thai market since March has lead to an increase in the price of live pigs in Cambodia, as Thai farmers reduce the amount of live pigs exported to Cambodia in order to fuel local demand, officials said yesterday. ...

World Bank Ups Cambodia’s Ranking Over Better Logistics

Cambodia has moved up 27 places on a biennial World Bank list that ranks the ease of importing, exporting and transporting goods in different countries. Cambodia was ranked 101 out of the 155 countries included in the World Bank’s report titled Trade Logistics in the Global ...

Thailand moves on double tax treaty with Cambodia

Thailand is moving forward to strike a double tax treaty with Cambodia, to cope with increasing cross-border trade. Sathit Rungkasiri, director general of the Revenue Department, said it is a priority to expand the double tax treaty with all countries in Asean to prepare for the ...

http://www.nationmultimedia.com/business/Double-tax-treaty-with-Cambodia-eyed-30182041.html

PM pushes edible exports

Prime Minister Hun Sen yesterday urged Cambodian food and beverage companies to look to export markets. The call, made at the opening ceremony of the Khmer Brewery, came in the wake of similar exhortations from international organisations for Cambodia to diversify its exports. “Now, we are not ...

http://www.phnompenhpost.com/index.php/2012051556160/Business/pm-pushes-edible-exports.html

To Gain From Asean Labor Market, Workforce Needs New Skills

Cambodia needs to improve the skills of its workforce if it is to compete and benefit from Asean’s plan for greater integration and the free flow of skilled labor within the region by 2015, Minister of Labor Vong Sauth said on Friday at the Asean ...

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