Mystery Surrounds Ratanakkiri’s First Special Economic Zone

Construction of a special economic zone (SEZ) near the Vietnamese border in Ratanakkiri province’s eastern O’Yad­aw district is on track, but who exactly will avail of the facility and its services remains a mystery—even for senior provincial officials. The latest announced venture of agro-industry land concession ...

http://www.cambodiadaily.com/business/mystery-surrounds-ratanakkiris-first-special-economic-zone-35235/

U.S. Ambassador to Cambodia returns from reverse trade mission in U.S.

U.S. Ambassador to Cambodia, William E. Todd returned from a reverse trade mission in the United States to promote trade and investment opportunities in Cambodia. Around 50 Cambodian business representatives accompanied Mr. Todd in meetings with several U.S. businesses, investors, and trade associations in Long Beach, ...

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

GI benefits yet to be fully realised

While Kampot pepper and Kampong Speu palm sugar carry the brand-building Geographical Indication (GI) status, newcomers seeking the same tag continue to wait for funding to get their products off the ground. In 2010, Kampot pepper and Kampong Speu palm sugar were the first Cambodian goods ...

http://www.phnompenhpost.com/business/gi-benefits-yet-be-fully-realised

Asian garment industry to undergo further segmentation

The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...

http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm

Real Wages in Garment Sector Fell Over 10 Years

Wages for Cambodian garment workers decreased by more than 20 percent in real terms between 2001 and 2011 despite the industry’s exponential increase in exports, which in 2012 were valued at more than $4 billion, according to a recent report by a U.S.-based workers advocacy ...

http://www.cambodiadaily.com/news/wages-in-garment-sector-fell-22-over-10-years-34788/

Cambodia, next powerhouse for Asean investors

The success Qatar’s Ooredoo had with being issued a mobile phone licence in Myanmar is an encouraging development for Middle East investors who are looking into the possibility of entering a venture or opening a business in Southeast Asia. Let’s take a look at Cambodia. ...

http://www.gulf-times.com/business/191/details/359376/cambodia,-next-powerhouse-for-asean-investors

FAO sees slight decline in Cambodian rice harvest this year

Cambodia’s rice harvest is forecast to reach 9.1 million tonnes this year, down from an estimated 9.3 million tonnes last year but up from 8.8 million tonnes in 2011, the Food and Agricultural Organization said Thursday. The estimates were contained in the UN agency’s quarterly Crop ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDBmNGIwNDFiZWY

Cargo Traffic Grows at Sihanoukville Port

The total weight of goods transported through the Sihanoukville Autonomous Port in the first six months of the year was up 15 percent compared with the same period last year, according to figures released Thursday. Some 1.51 million tons of goods passed through the port in ...

http://www.cambodiadaily.com/business/cargo-traffic%E2%80%88grows-at-sihanoukville-port-34628/

Cambodia records 1.32 bln USD trade deficit in H1

Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...

http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm

Korea trade nears $1 billion

Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...

http://www.phnompenhpost.com/business/korea-trade-nears-1-billion

Cambodia's rice exports up 125 pct in first half of 2013

Cambodia has seen a sharp rise in the exports of milled rice in the first six months of this year thanks to increasing demand on international markets, an official said Wednesday. The figures, from the single window secretariat for facilitating milled rice exports, showed that the ...

http://news.xinhuanet.com/english/business/2013-07/10/c_132529640.htm

Myanmar rice is back

While exports of Cambodian rice have been booming, analysts are predicting that new competition from Myanmar could eventually rain on the parade. Cambodia exported nearly 176,000 tonnes of rice in the first six months of the year, a 125 per cent increase from the same period ...

http://www.phnompenhpost.com/business/myanmar-rice-back

Rising Demand Boosts Organic Rice Industry

Production of Cambodian organic rice is rising rapidly as international demand for the product increases, experts said at a forum for growers and other in­dustry members held Tuesday at the Phnom Penh headquarters of agricultural NGO Cedac. “In the first six months of this year we’ve ...

http://www.cambodiadaily.com/business/rising-demand-boosts-organic-rice-industry-34216/

Garment Exports Booming Despite Concerns

Despite criticisms over safety, outbreaks of sometimes violent industrial action and a raise in the minimum wage that it was warned would scare off manufacturers, Cambodia’s garment sector is booming, according to government figures. A report on state newswire Agence Kampuchea Presse (AKP) on Friday said ...

http://www.cambodiadaily.com/business/garment-exports-booming-despite-concerns-34035/

Phnom Penh Port Trade Volume Increases by 29%

The number of shipping containers that passed through the Phnom Penh Autonomous Port increased by 29 percent during the first six months of the year compared to the same period in 2012, according to figures released yesterday. The port received 50,157 standard containers between January and ...

http://www.cambodiadaily.com

Goods traffic through Phnom Penh port up 29 pct

Cargo shipments moving in and out of the Phnom Penh Autonomous Port (PPAP) increased 29 per cent in the first six months of this year when compared to the same period in 2012, according to official data. The figures show that imported and exported goods amounted ...

http://www.phnompenhpost.com/2013070966729/Business/goods-traffic-through-phnom-penh-port-up-29-pct.html

Cambodia Falls Short as Garment-Industry Model

This small Southeast Asian country was supposed to become a model for the world apparel industry, with tough factory monitoring and strong worker protections. But a dozen years after the United Nations’ International Labour Organization launched a program to manage Cambodia’s booming garment trade—the first of ...

http://online.wsj.com/article/SB10001424127887324423904578521240151597504.html

Japanese Mizuho Bank looks into Cambodian financial sector

Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...

http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm

China currency deals surge

As trade activity between Cambodia and China intensifies, banks are seeing an increase in deals transacted in yuan, the Chinese currency. Operating in Cambodia since 2010, Bank of China’s Phnom Penh Branch has been trying to promote business transactions in yuan, and has seen a significant ...

http://www.phnompenhpost.com/2013070866712/Business/china-currency-deals-surge.html

Brunei inks deal to buy Cambodian jasmine rice

The government of Brunei on Saturday signed a one-year contract to purchase 3,000 tons of jasmine or fragrant rice from Cambodia, the first such deal reached by the two Asian nations. The deal was inked between Pg Haji Mohd Noordin B PLP Pg Haji Mohd Said, ...

http://news.xinhuanet.com/english/business/2013-07/06/c_132517759.htm

Cambodia host to Malaysia's ICT conference, expo

Cambodia was host to a two-day information and communication technology conference and expo held by the The National ICT Association of Malaysia on Friday. By 2012, 19.1 million SIM cards for mobile phones have been sold while on the internet side, around 2.7 million people ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjM2ZjVmYzQxMzV

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3BEx9
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