Cambodian Prime Minister calls on Japan for more tourists, investors

Prime Minister Hun Sen of Cambodia has called upon Japanese counterpart Yoshihiko Noda for his support in encouraging more investments and tourism from Japan to help strengthen bilateral ties between the two Asian nations. The request was made at a meeting on Monday during the ...

http://japandailypress.com/cambodian-prime-minister-calls-on-japan-for-more-tourists-investors-0717985

A factory’s fainting crisis

In a single factory that supplies some of the biggest international brands, faintings occurred every day for five years, a new investigation by the Cambodian Legal Education Centre has found. Until just weeks ago, when the management installed new fans, three to four garments workers were ...

http://www.phnompenhpost.com/index.php/2012110759624/National-news/a-factorys-fainting-crisis.html

Kingdom’s trade deficit widens

Cambodia’s total exports increased more than 13 per cent in the first nine months of this year, with a year-on-year comparison indicating a widening trade deficit. A private-sector representative, an exporter and an independent economist said the slow growth was mainly due to the slowing of ...

http://www.phnompenhpost.com/index.php/2012110759621/Business/kingdoms-trade-deficit-widens.html

Locals Lobby Ice Factory to Reduce Noise, Smell

A factory in Phnom Penh has been ordered to construct a barrier to reduce noise, and a bad smell, from ice-making machinery that runs 24 hours a day and has local residents losing sleep, district officials said. Seventy families from Russei Keo district’s Kilometer 6 ...

http://www.cambodiadaily.com

Coffee Chain Costa to Open Shop Next Month in Phnom Penh

The U.K.-based coffee chain Costa Coffee will join the mix of few coffee shops in Phnom Penh when it opens its first branch in Chamcar Mon district next month, representative of the international branch said yesterday. Rami Sharaf, CEO of RMA Cambodia, which represents international brands ...

http://www.cambodiadaily.com/business/coffee-chain-costa-to-open-shop-next-month-in-phnom-penh-5301/

Telecom Group Vimpelcom Hires Adviser to Help Sell Beeline

United Arab Emirates-telecoms group Vimpelcom has hired Standard Chartered to advice it on the sale of its business in Cambodia, Laos, Burundi, Zimbabwe and the Central African Republic, two people familiar with the matter said. New York-listed Vimpelcom wants to focus on its largest markets of ...

http://www.cambodiadaily.com

Cambodia: Mineral, Metal and Fuel Resources

Cambodia, with a total population of 14,952,665 as of July 2010, is located in Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos. The country mostly has a tropical climate and covers a total area of 181,035 km2 Cambodia’s key natural resources include ...

http://www.azomining.com/Article.aspx?ArticleID=216

Cambodia, a potentially lucrative market for Vietnam

Exporting Vietnamese products to Cambodia is beneficial to both countries, however, in order to hold onto this market, Vietnamese firms must remain proactive and consistently advertise their brands and improve quality of their products and services. ...

http://www.saigon-gpdaily.com.vn/Business/2012/11/103230/

Japanese Investment Grows; Hurdles Remain

Japanese investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth—and to avoid driving Japanese companies to other attractive investment destinations such as Burma —the ...

http://www.cambodiadaily.com/business/japanese-investment-grows-hurdles-remain-5144/

Bunong Minority Villagers Protest Against Rubber Company

About 80 ethnic Bunong villagers living in Mondolkiri’s Pech Chreada district staged a protest against the Socfin-KCD rubber company Monday, demanding that the firm honor its long-standing pledge to return 1,000 hectares of farmland located inside its concession. Socfin-KCD, a join venture between Socfin, a ...

Complaint to Be Filed in US Over Koh Kong Sugar Plantations

Families in Koh Kong province will today file a complaint with the U.S. government against American Sugar Refining (ASR) over farmland they claim they were violently evicted from to make way for two sugar plantations that supply the New York-based company. The 207 Koh Kong ...

http://www.cambodiadaily.com/news/complaint-to-be-filed-in-us-over-koh-kong-sugar-plantations-4956/

Cambodia needs to polish reputation

The chief economist at the Economic Research Institute for ASEAN and East Asia says Cambodia needs to attract greater numbers of multinational companies and treat them well, in order to establish production networks that will transfer technology to smaller Cambodian businesses. In an interview with the ...

http://www.phnompenhpost.com/index.php/2012103159496/Business/cambodia-needs-to-polish-reputation.html

VimpelCom may sell units in Africa and Asia

Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports. The Financial Times newspaper says that the operator ...

http://www.rethink-wireless.com/2012/10/30/vimpelcom-sell-units-africa-asia.htm

Firm to Offer Financing for Motorcycles

Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...

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