សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Avis pulling into town
International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group. If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom. The company ...
Eddie Morton
http://www.phnompenhpost.com/business/avis-pulling-town
Cambodia-U.S. bilateral trade up 2 pct
Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...
The Global Post
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131206/cambodia-us-bilateral-trade-2-pct
High hopes for fishing season
The largest fish harvest of the year is approaching, and Phnom Penh’s fish markets are about to get busy. In short, it’s December and so prahok season is upon us. A traditional Cambodian fish paste, prahok is made from fermented Siamese mud carp called trey riel in ...
Chan Muy Hong
http://www.phnompenhpost.com/business/high-hopes-fishing-season
Hong Kong delegates talk Cambodian rice
Thirty-four delegates from the Rice Merchants’ Association of Hong Kong made their first visit to Cambodia on Wednesday to explore more opportunities in the local milled rice sector. David Van, deputy secretary general of the Alliance of Rice Producers and Exporters of Cambodia, said the point ...
Chan Muy Hong
http://www.phnompenhpost.com/business/hong-kong-delegates-talk-cambodian-rice
Regulator to Review Minimum Prices for Calls
An official at the Telecommunication Regulator of Cambodia (TRC) said Wednesday that the body plans to review and possibly lower the current minimum price per call after it recently ordered the country’s seven mobile phone operators to abide by a law that sets minimum call ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/regulator-to-review-minimum-prices-for-calls-48616/
UD Trucks to arrive in Kingdom
Japan-based UD Trucks Corporation is planning on selling its new heavy duty transport vehicle, the 2013 UD Quester, in Cambodia. Volvo Group-owned UD Trucks also launched the latest versions of the UD Quon, UD Fuel Demonstrator, UD Quester and Volvo FH at the Tokyo Motor Show ...
Chhim Sreyneang
http://www.phnompenhpost.com/business/ud-trucks-arrive-kingdom
To Celebrate Relations With China, Hun Sen Plants Rosewood Tree
Prime Minister Hun Sen and the visiting president of the China-Cambodia Friendship Association (CCFA) each planted a tree inside the Peace Palace compound in Phnom Penh on Wednesday to celebrate the 55th anniversary of diplomatic relations between the two countries. Gu Xiulian, president of the CCFA, ...
Khuon Narim
http://www.cambodiadaily.com/news/to-celebrate-relations-with-china-hun-sen-plants-rosewood-tree-48609/
Cambodia's tax revenues up 17 pct in 11 months
Cambodia’s General Department of Taxation had collected 800 million U.S. dollars of taxes in the first 11 months of the year, a 17 percent rise compared with the same period last year, a press release said Wednesday. The revenues came from tax on profit, withholding tax, ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/cambodias-tax-revenues-17-pct-11-months
Chinese TV station to launch
Cambodia could soon get its first Chinese-run digital television station, the latest local project hailing from a country that represents one of the Kingdom’s largest foreign investors. Yu Hua, deputy director of Yunnan Mobile Digital TV Corporation, based in China’s Yunnan province, met with Cambodia’s Minister ...
Eddie Morton
http://www.phnompenhpost.com/national/chinese-tv-station-launch
After Reform Promise, a Return to Statecraft as Usual
In an epic, six-hour address in September, Prime Minister Hun Sen apologized for the government’s many “problems” and promised a more reformist government over the next five years of his rule. Targeting corruption, deforestation and the lack of transparency across government sectors, the prime minister made ...
Alex Willemyns
http://www.cambodiadaily.com/news/after-reform-promise-a-return-to-statecraft-as-usual-48602/
Cambodia Ranked Most Corrupt Country in the Region
Cambodia is now ranked as being perceived by investors as Southeast Asia’s most corrupt country, surpassing Laos and Burma on Transparency International’s annual corruption index. Cambodia ranked 160 of 175 countries in the report, with its index score a mere 20 out of 100. That’s two ...
Khoun Theara
http://www.voacambodia.com/content/cambodia-ranked-most-corrupt-country-in-the-region/1802720.html
Cambodia's progress cannot be separated from China's support: PM
Cambodian Prime Minister Hun Sen said Wednesday that the country’s development in all fields could not be detached from China’s aid and vowed to further deepen ties between the two countries. According to the figures recorded by the Cambodian Finance Ministry, to date, China has ...
Global Times News Staff
http://www.globaltimes.cn/content/829836.shtml#.Up_pgtIW2ls
Minimum call charges apply: TRC
Mobile phone call promotions undercutting the government’s minimum pricing regulations are to be outlawed – again. Minimum charges will be applied to mobile phone calls from on Thursday with the return of the Telecommunication Regulator of Cambodia’s (TRC) rules on call tariffs, the regulator confirmed yesterday. On ...
Daniel de Carteret
http://www.phnompenhpost.com/business/minimum-call-charges-apply-trc
Farmers weigh up US technology
US and Cambodian governments have presented a united front calling for the country’s agriculture industry to diversify, modernise and commercialise. US ambassador William E Todd and the Cambodia’s Deputy Prime Minister and Chairman of the Council for Agricultural and Rural Development Yim Chhay Ly led an ...
Chan Muy Hong and Eddie Morton
http://www.phnompenhpost.com/business/farmers-weigh-us-technology
Aspara International's China flights delayed
The launch of a new airline promising regular flights between Phnom Penh and China has been stalled, awaiting government approval. Apsara International Air – co-owned by Chinese and Cambodian investors – now plans to begin operations sometime in 2014 as talks between the airline and the ...
May Kunmakara
http://www.phnompenhpost.com/business/aspara-internationals-china-flights-delayed
Try Pheap Firm in Talks to Replicate Timber Deal
Well-known timber magnate Try Pheap is preparing to expand cross-country with a scheme that already gives him exclusive rights to buy all the wood felled on economic land concessions (ELCs) in Ratanakkiri province, a spokesman for the businessman said. The Agriculture Ministry’s Forestry Administration in February ...
Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/try-pheap-firm-in-talks-to-replicate-timber-deal-48511/
Brighton to buy Indonesia manganese, Cambodia gold projects
ASX-listed junior Brighton Mining Group on Wednesday announced that it would buy two unlisted companies to gain control of high-grade manganese project in Indonesia, and gold projects in Cambodia. Brighton Mining holds a 70% shareholding in Summer Gold Investments, which holds two mineral concession areas ...
Creamer Media's Mining Weekly News Staff
http://www.miningweekly.com/article/brighton-to-buy-indonesia-manganese-cambodia-gold-projects-2013-12-04
Private Ship Registry Did Not Monitor Compliance
The privately-operated International Ship Registry of Cambodia (ISROC), a South Korea-based company that owns the rights to register foreign vessels under the Cambodian flag, told ship owners last year that it was not monitoring their observance of international maritime laws, and that it was their ...
Denise Hruby
http://www.cambodiadaily.com/news/private-ship-registry-did-not-monitor-compliance-48532/
Website of Company Running Ship Registry Closed Down
The website of the International Ship Registry of Cambodia (ISROC), a private company based in South Korea that bought the rights from the government to register foreign vessels under the Cambodian national flag for $6 million, is no longer operating. The shutdown means that foreign vessels ...
Denise Hruby
http://www.cambodiadaily.com/news/website-of-company-running-ship-registry-closed-down-48428/
Bank exits rubber firm: NGO
Global Witness, a United Kingdom-based NGO, has alleged that Deutsche Bank has dropped the majority of its holdings in a Vietnamese company that operates rubber plantations in Cambodia, amid accusations the firm is involved in land grabbing and illegal logging. In a statement released today, Global ...
Shane Worrell
http://www.phnompenhpost.com/national/bank-exits-rubber-firm-ngo
Increase in Customs Taxes Raises Retail Prices in Cambodia
Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/
Micro-insurance needs revamp: UN
The UN urged government and financial organisations to stimulate Cambodia’s flailing micro-insurance industry yesterday, after a study found the country’s poor are vulnerable to indebtedness during a crisis. The United Nations Development Business (UNDB) hosted a working group yesterday at Phnom Penh’s Sunway Hotel launching the ...
Eddie Morton
http://www.phnompenhpost.com/business/micro-insurance-needs-revamp-un
IMF Reiterates 7 Percent Growth Prediction for Cambodia
The head of the International Monetary Fund (IMF), Christine Lagarde, has reaffirmed an earlier prediction that Cambodia will grow 7 percent this year, in an interview published today by The Post newspaper. Lagarde praised the country’s economic outlook, although she acknowledged that it will face challenges, ...
Prensa Latina News Staff
http://www.plenglish.com/index.php?option=com_content&task=view&id=2140481&Itemid=1
IMF chief: Cambodia needs to invest more in education, infrastructure
The International Monetary Fund (IMF) Managing Director Christine Lagarde said Tuesday that Cambodia needs to invest more in education and physical infrastructure in order to lay the foundation for future success. While there has been good progress, Cambodia is still being held back by low ...
The Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131203/imf-chief-cambodia-needs-invest-more-education-infrastructur