សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
ពាណិជ្ជកម្ម
Workers given lesson in how not to faint
Education garment workers and their bosses on how to avoiding fainting is the latest strategy the Ministry of Labor is using to address a problem that has plagued the industry in the past two years, a ministry official said yesterday. Labor Ministry Secretary of State Oum Mean said he ...
Cambodia's Luxury Wood Trade to China Revealed
Thousands of cubic meters of luxury wood is being shipped from Cambodia to China each year, according to official Chinese import documents shown to The Cambodia Daily. According to the data, some 36,000 cubic meters of logs under the “rosewood” category have been recorded entering China ...
Kiwi Umbrella Company Conquers Global Market
New Zealand’s most wind-resistant outdoor umbrella range has taken the global market by storm with exports to 35 countries Shade7 is a Kiwi export success story and is run by businessmen and philanthropists David Jesze and Michael Pearce. Jesze and his wife currently live in Cambodia, where ...
http://www.scoop.co.nz/stories/BU1210/S00309/kiwi-umbrella-company-conquers-global-market.htm
Trade show starts on Wednesday
After a two-year hiatus, the CamBuild, CamFood and CamHotel exhibitions are back at Diamond Island this week, starting on Wednesday and going through to Friday. Andrew Siow, director of the Kuala Lumpur-headquartered AMB Exhibitions, says the three industry shows at the same time should attract more ...
http://www.phnompenhpost.com/index.php/2012100859159/Business/trade-show-starts-on-wednesday.html
High Costs Cripple Trading Firms, Report Says
Import and export companies in Cambodia believe that high costs stemming from burdensome bureaucracy and poor infrastructure are putting them at a disadvantage compared to other firms transporting goods in the region, according to a recently released report by the Asian Development Bank. Surveying 39 export companies from the ...
The Week at the CSX: September 28-October 3
The price of Phnom Penh Water Supply Authority stock over the Sept. 27- Oct. 3 period was only KHR 6,200 (US$1.54), under the IPO price of KHR 6,300 (US$1.56), for nearly the whole week. But on Oct. 3, the price rose to the IPO price again, ...
RPT-World Bank cuts East Asia GDP outlook, flags China risks
The World Bank cut its economic growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected “Economic projections for EAP (East Asia and Pacific) are surrounded by ...
http://www.reuters.com/article/2012/10/08/worldbank-asia-outlook-idUSL3E8L81IN20121008
Local markets still favorite
Markets like Olympic and O’Russey in Phnom Penh and the traditional fresh food markets in cities and towns across Cambodia are where the overwhelming majority of Cambodians get not only the food they eat, but also the basic household products they use. The shopping behavior data, provided by ...
http://www.phnompenhpost.com/index.php/2012100559118/Business/local-markets-still-favourite.html
Port more active over nine months
Cargo shipments via Phnom Penh Autonomous Port (PPAP), Cambodia’s second largest port, rose by 16 per cent year-on-year in the first nine months. The Port Authority said yesterday the rise was mainly due to the increase of import and export activities for garments, agricultural and construction ...
http://www.phnompenhpost.com/index.php/2012100559120/Business/port-more-active-over-nine-months.html
Buyers Laud Renewal of Industrial Relations Agreement
As buyers for international clothing brands yesterday praised the renewal of an agreement aimed at reducing strikes in the garment sector, labor unions and factory owners said that only proper implementation would determine the agreement’s effectiveness. Modeled after an earlier pact from 2010 to prevent work ...
Men Sarun rice to China
Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said. Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice. He ...
Strikes at two factories stretch into weekend
More than 600 workers from Kandal province’s Tae Young Co factory yesterday continued to strike, insisting on the return of 16 dismissed workers. Yesterday’s strikes came a day after the Kandal Provincial Court delayed questioning eight of the fired workers over charges that they incited an illegal ...
Cambodia needs markets to export remaining 3 million tons of cassava products
Cambodia, the export of cassava in Cambodia is in low cost this year due to low demand and local farmers grow high production Prime Minister Hun Sen said: In Pursat and Battambang provinces alone have three million tons of cassava products for export Most cassava product exported ...
Slowdown in garment exports from Cambodia
The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=116497
Cambodia's food service industry gains new player
Triasia Group, headed by Japanese CEO Yokoi Tomoyuki, will open its first Kiriya café in November, with plans already in place to open six more along with some Japanese and European restaurants and a coffee bean manufacturing and export operation. Triasia Group also aims at being ...
Rice registration for different strains
In an effort to promote rice exports among Cambodian farmers, government officials said on Tuesday they will register the type of rice seed set for export and the rice seed produced for the national market. Cham Prasidh, Minister of Commerce, said on the closing of the ...
Development Bank Revises Growth Outlook
A day after the International Monetary Fund (IMF) notched up its forecast for Cambodia’s economy this year, the Asian Development Bank (ADB) yesterday revised its own estimation down slightly, to 6.4 percent. The ADB’s estimation was edged down just 0.1 percent from its last forecast made ...
Striking the right balance
The number of strikes in Cambodia’s garment industry could be set to dip and workers could be on their way to free lunches after both sides of the industry signed a two-year memorandum of understanding (MoU) yesterday. The MoU – inked by the Garment Manufacturers Association (GMAC) in ...
Cambodia city port sees 16% surge in shipments in 9 months
Container traffic through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 16 percent in the first nine months of this year thanks to increasing import and export activities in garments and construction materials, the port authority said on Wednesday In March last year, to ...
http://news.xinhuanet.com/english/business/2012-10/03/c_131886809.htm
Belarus plans to open tractor factory in Cambodia
visiting Prima Vitlay, vice minister of industry of Belarus today met with deputy prime minister and finance minister of Cambodia, Keat Chhon, here to expand cooperation and trade ties between two countries. Prima told finance minister: “his country schedules to open a tractor factory in Cambodia ...
Cargo at Phnom Penh Port Jumps 15.24 Percent
The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...
Cambodia set to produce halal food
Cambodia is being considered as a site for halal food production and rice milling by the United Arab Emirates, according to the UAE’s Foreign Trade Minister Sheikha Lubna Bint Khalid Al Qasimi yesterday. Speaking during an official meeting with Prime Minister Hun Sen at the Peace ...
Report Shows Advanced Illegal Timber Trade
Cambodia is among the tropical countries whose forests are being cleared using increasingly advanced methods to feed a growing global trade in illegal timber worth at least $30 billion a year, according to a new report. The report, Green carbon, black trade, a joint effort by ...
Rice Exports Increases Two Percent
Cambodia’s total milled rice exports increased just two percent to 131,064 tons over the first nine months of this year in comparison to the same period last year, according to data released from the Ministry of Agriculture ...