Rice trade zone to be set up in East

The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...

http://www.bangkokpost.com/news/local/342199/rice-trade-zone-to-be-set-up-in-east

Cambodia’s total trade worth US$ 2.7-B in first 2 months, + 28%

Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...

http://www.livetradingnews.com/cambodias-total-trade-worth-us-2-7-b-in-first-2-months-28-108436.htm#.UU-oRBej2xA

Export plans on hold

Local instant noodle company Men Sarun failed in its plan to export canned noodles to US markets this year, and an official confirmed that failures stemmed from both the unstable market price and increasing costs of transportation. Choun Kol, deputy general director of Men Sarun Investment, ...

http://www.phnompenhpost.com/2013032264621/Business/export-plans-on-hold.html

Diversify crop exports: official

CAMBODIA needs greater diversification of its exports – especially in the agricultural sector – in order to achieve sustainable economic growth, a senior official said yesterday. Economy and Finance Minister Keat Chhon raised the issue during the annual meeting of the Ministry of Commerce. Commerce Minister ...

http://www.phnompenhpost.com/2013032062041/Business/diversify-crop-exports-official.html

Myanmar’s siren song

Unions and labour rights groups have spent recent months unashamedly drilling home a stark reminder: Cambodia’s minimum garment wage, at $61 per month, compares poorly with those in Thailand – where workers earn more than $200 a month – and Vietnam, which has a base ...

http://www.phnompenhpost.com/2013031861998/National/myanmar-s-siren-song.html

Kingdom’s small auto industry likely to expand as AEC looms

The Cambodian automotive industry will expand after the Kingdom’s integration into the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) in 2015, thanks to the free flow of goods within the bloc and Cambodia’s competitive advantage as a low-cost manufacturer, according to Cambodian Commerce ...

http://www.phnompenhpost.com/2013031861982/Business/kingdom-s-small-auto-industry-likely-to-expand-as-aec-looms.html

Bountiful work, but scant wages angers Cambodia

As night falls in Phonm Penh, thousands of weary workers stream from textile factories, reflecting the abundance of jobs created by the clothing industry’s desire for cheap labor. However, as the number of international clothes companies tapping into Cambodia’s workforce grows, so does anger at the ...

http://www.taipeitimes.com/News/biz/archives/2013/03/17/2003557254

Telecom Cambodia postpones plan to list on local bourse

State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...

http://www.telecompaper.com/news/telecom-cambodia-postpones-plan-to-list-on-local-bourse--931448

Sugar Playing Catch-Up With Spice

Dotted with rice fields flanked by palm trees, Cambodia’s southeastern province of Kampong Speu is nothing short of picturesque. But behind the idyllic exterior is an on-going struggle to turn this region’s natural beauty into a global attraction and improve the lot of poor local farmers, ...

http://www.iede.co.uk/news/2013_1290/sugar-playing-catch-spice

Agreement reached on Thai trade

After years of discussion, the Cambodian and Thai governments on Tuesday agreed at the Ayeyawady-Chao Phraya-Mekong Economic Co-operation Strategy (ACMECS) summit in Laos to establish a Cambodian-Thai Business Council in a bid to enhance trade and investment between the ASEAN neighbours after a decline in ...

http://www.phnompenhpost.com/2013031561964/Business/agreement-reached-on-thai-trade.html

Low pay fuels anger among Cambodia's garment workers

As night falls thousands of weary workers stream from textile factories that fan out across Phnom Penh’s outskirts. The clothing industry’s desire for cheap labour having created an abundance of jobs but as the number of international clothes companies tapping into Cambodia’s workforce grows, so does ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1259888/1/.html

Indian Firms Look To Cambodia Industries

A delegation of 15 Indian firms is in Cambodia this week looking to increase the country’s involvement in Cambodia’s economy, particularly in the agriculture and mining sectors. At present, Cambodia does modest trade with India, the second largest country in the world by population. But the ...

http://www.cambodiadaily.com

Indirect trade with India unhealthy

CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ...

http://www.phnompenhpost.com/2013031461933/Business/indirect-trade-with-india-unhealthy.html

Sweet Prospects

The sugar palm is a national symbol for Cambodia. Harvested by the country’s poor for centuries, no part of the palm tree goes to waste in a process that fashions the tree into a range of products. The durable and strong leaves are weaved into ...

http://sea-globe.com/sweet-prospects/

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