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

Toyota to Open Second Phnom Penh Outlet

Japanese automobile giant Toyota is set to increase its presence in Cambodia with a second sales showroom, according to a company manager. The move follows fellow Japanese automaker Mazda, which opened a new showroom in May. According to a report from newswire Bloomberg, Toyota executive vice president ...

http://www.cambodiadaily.com/business/toyota-to-open-second-phnom-penh-outlet-33328/

Pailin gets $4m feed processing warehouse

Chea Kea, owner of the Daimond Crown casino on the border with Thailand in Pailin province, is investing in a $4 million feed processing warehouse that will also be used to store commodities and house farm animals. Construction on the warehouse, which is expected to ...

http://www.phnompenhpost.com/2013070366629/Business/pailin-gets-4m-feed-processing-warehouse.html

Entrepreneurs visits Cambodia for business opportunities

Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association’s executive vice president, met with Tep Ngorn, the 2nd ...

http://www.ecns.cn/business/2013/07-02/71007.shtml

Foreign investment rises 73 pct

A mid [sic] global economic fragility, foreign direct investment (FDI) in Cambodia grew a whopping 73 per cent in 2012 from the year before, a huge increase helping to fuel a record-setting amount of money pouring into least developed countries, according to the United Nations ...

http://www.phnompenhpost.com/2013070166579/Business/foreign-investment-rises-73-pct.html

Map connects factories and buyers

In light of ongoing disputes over working conditions in the garment sector, the Cambodian Centre for Human Rights (CCHR) released yesterday details on hundreds of factories it believes will offer greater transparency along the garment supply chain – from producers to buyers – and shine ...

http://www.phnompenhpost.com/2013070166578/Business/map-connects-factories-and-buyers.html

ADB to loan $55 million to Cambodia's rice sector

The Asian Development Bank (ADB) has approved a loan of $55 million to help transform the rice sector of Cambodia into a viable commercial industry as well as taking care of the land and water resources. ADB’s Climate-Resilient Rice Commercialization Sector Development Program―which will run ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjI4NDZjMzFlMmE

Rubber firm has plans in Cambodia

Kuala Lumpur-based Felda Global Ventures Holdings Berhad (FGV), the third-largest palm oil operator in the world, said it plans to cultivate rubber inside Cambodia. “We are . . . consolidating by expanding into countries like Myanmar, Cambodia and Laos – planting other crops such as rubber,” ...

http://www.phnompenhpost.com/2013062866536/Business/rubber-firm-has-plans-in-cambodia.html

Cambodia's garment exports up 22 pct in 5 months

Cambodia’s garment industry, the country’s biggest income earner, recorded 2.06 billion U.S. dollars in export value in the first five months of this year, up 22 percent on the same period last year, a Commerce Ministry’s report showed Tuesday. Garment export accounts for more than 80 ...

http://www.asean-china-center.org/english/2013-06/27/c_132492345.htm

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