Cambodia wins awards

The real estate and construction industry in Cambodia has been boosted recently after two companies won prestigious awards for their work in the Kingdom. Vattanac Capital walked away with the prize for Best Commercial Development (South East Asia) for the Vattanac Capital Tower at the second ...

http://www.phnompenhpost.com/2013010360594/Real-Estate/cambodia-wins-awards.html

Annual Prahok Season Threatened by Poor Catch

Cambodia’s annual prahok season began Wednesday along the Tonle Sap River, with fishermen unloading boatloads of tiny fish onto weigh stations along the riverbank. But due to low water levels during this year’s five-day migration season, fishermen and buyers were predicting a poor catch, both in ...

http://www.cambodiadaily.com/business/prahok-season-threatened-by-low-water-levels-6818/

ITC defends its use of funds, claiming silk weavers profiting

The International Trade Centre (ITC) yesterday rejected criticisms over the misuse of expenses and funds for a sector-wide Cambodian silk project, saying its approach was appropriate and well managed. Mao Thora, secretary of state for the Ministry of Commerce, publicly criticised the ITC during a seminar ...

http://www.phnompenhpost.com/2012122060382/Business/itc-defends-its-use-of-funds-claiming-silk-weavers-profiting.html

‘Fashion Mobs’ to press for living wage in Cambodia

Christmas shoppers stand to be taken by surprise this month as campaigners take action in shopping centers around Europe to raise awareness of poverty wages of Cambodian garment workers. With these ‘fashion mobs’, they pressure H&M, Inditex (Zara), Levi’s and Gap to introduce a living ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118895

Siem Reap hotels oversupplied

Potential real estate investors in Siem Reap are being advised to look towards retail strips rather than hotels, according to Cambodian real estate professionals. Knight Frank’s Cambodia chief, Sunny Soo, said that while the hotel industry is well supplied, the town lacks an organised retail strip. ...

http://www.phnompenhpost.com/Real-Estate/siem-reap-hotels-oversupplied.html

Demand for satellite cities low: report

Phnom Penh, which currently has six satellite cities under development, may be jumping the gun in terms of the demand for them, according to a new report from global real estate firm CBRE. In its latest MarketView report, CBRE says bluntly that currently “demand for satellite ...

http://www.phnompenhpost.com/index.php/Real-Estate/demand-for-satellite-cities-low-report.html

T.K. Garment Co moves across the border for cheaper wages

When the government decided to raise the daily minimum wage to 300 baht nationwide, labour-intensive industries knew sunset was descending on their businesses. As a leading original equipment manufacturer (OEM) for popular clothes lines in Thailand, the company is relocating its largest production site to ...

http://www.bangkokpost.com/business/economics/324412/sunrise-in-cambodia

Chugging along- The rehabilitation of the Kingdom’s railways is essential to boosting regional economic ties, but the mammoth project needs to pick up speed

A glance around Battambang’s dilapidated train station reveals the monumental task it will be to complete the Cambodian segment of the ‘iron silk road’, which will connect Southeast Asia to Europe by rail for the first time. Cows graze between missing rails in front of ...

http://sea-globe.com/chugging-along/

Hanging by a Thread

Cambodia’s tradition of silk production is one that dates back as far as the 13th century. A long-standing symbol of status for the rich and the country, ancient Angkorian silk producing Cambodia bore unique weaving and reeling techniques that have been passed down from generation ...

http://www.bangkokpost.com/business/economics/320823/hanging-by-a-thread

Rise of housing loans

Although costs can be high for borrowing and it can be difficult to pay regularly every month, the trend of borrowing from banks by Cambodian people to buy property is still steadily increasing, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said ...

http://www.phnompenhpost.com/index.php/Real-Estate/rise-of-housing-loans.html

Trade with Thailand increases

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html

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