Volkswagen to be sold in Kingdom

Cambodia’s authorised distributor for Mercedes-Benz will also be selling Volkswagen vehicles in May, as it hopes to cash in on higher growth in the mass-market car sector. Though the sole distributorship deal was signed in 2009, Hung Hiep Group received approval last week from VW to ...

http://www.phnompenhpost.com/2013030761799/Business/volkswagen-to-be-sold-in-kingdom.html

Cambodian, Chinese entrepreneurs meet to seek business chances

The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...

http://news.xinhuanet.com/english/china/2013-03/05/c_132210667.htm

New palm oil plant for $16m

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...

http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html

Thailand, Vietnam Seek Controls on Rosewood Trade

Thailand and Vietnam have called for strict controls to be placed on the international trade of rosewood in an attempt to prevent the luxury wood species from be­ing logged to extinction. Cambodia currently exports thousands of cubic meters of the wood to China each year, and ...

http://www.cambodiadaily.com/news/thailand-vietnam-seek-controls-on-rosewood-trade-12299/

Rice exports at a flying pace

Cambodia milled rice exports reached 49,815 tonnes in the first two months of this year, an increase of 106 per cent from the same period last year. Jasmine rice was the biggest part of the exports, followed by long grain white rice, data from the ...

http://www.phnompenhpost.com/2013030561743/Business/rice-exports-at-a-flying-pace.html

CPF subsidiaries investing Bt250m in Laos, Cambodia

CP Laos and CP Cambodia are investing a combined Bt250 million to set up a new silo for maize in Cambodia and a new feed-meal plant in Laos to strengthen CPF’s integrated agricultural-industrial business as the Asean Economic Community (AEC) approaches. Most recently, the company ...

http://www.nationmultimedia.com/business/CPF-subsidiaries-investing-Bt250m-in-Laos-Cambodia-30201178.html

Cambodia's Public Debt

According to the [inter]national Monetary Fund (IMF), at the end of 2011, the stock of Cambodia’s external public debt, including arrears, stood at around US 3.8 billion or 30 percent of GDP (24 percent in NPV terms). China remains the largest bilateral creditor, contributing to ...

http://www.cambizreview.com/

Recent Development and Economic Outlook

The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...

http://www.cambizreview.com/

Cambodia sees sharp rise in trade volume with its neighbors last year

Cambodia has seen a remarkable rise in trade volume with its neighboring Vietnam and Thailand in 2012, official statistics showed on Friday. The bilateral trade with Vietnam was worth 3.3 billion U.S. dollars last year, up 18 percent year-on-year, according to a data from the Vietnam ...

http://news.xinhuanet.com/english/business/2013-03/01/c_132200604.htm

Cambodia to earn $50 mln a year from cassava exports to China

Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. Cambodia’s agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...

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

Cassava exports to China up, but production lags

Chinese-owned Avic International plans to export 8,000 tonnes of dried cassava from Cambodia to the Chinese market this year. According to Chan Saron, minister of agriculture, forestry and fisheries, there are currently 31 companies listed as exporting cassava to China from Cambodia, but only 17 ...

http://www.phnompenhpost.com/2013022761642/Business/cassava-exports-to-china-up-but-production-lags.html

Moto imports jump 55 per cent

IMPORTS of motor scooters reached 264,085 units, with a total value of $139 million in the first 11 months of last year – a 55 per cent jump from 170,380 units worth $86.5 million in the corresponding period of 2011, according to data from the ...

http://www.phnompenhpost.com/2013022761643/Business/moto-imports-jump-55-per-cent.html

Logger Reported Dead as Rosewood Trade Directive Announced

Amid reports that a second Cambodian has been killed this year by Thai armed forces while illegally logging in Thai border territory, officials had little detail yesterday on a government directive that is aimed at ending the international demand for rosewood from Cambodia. Prime Minister Hun ...

http://www.cambodiadaily.com

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