ព័ត៌មាន
Two million tourists from China by 2020: official
Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...
Cambodia inaugurates China-financed new container terminal
Cambodia on Tuesday inaugurated a new container terminal of the Phnom Penh Autonomous Port, turning the port as a large hub for logistics supply and goods collection and distribution. The inauguration ceremony was presided over by Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia ...
http://news.xinhuanet.com/english/china/2013-01/22/c_132119517.htm
Cambodia’s garment workers to get pay rise for 2013
Garment Manufacturers Association of Cambodia (GMAC) on Monday agreed to increase salaries for the workers in the kingdom’s garment and footwear industries, according to a press release after a closed door meeting. The meeting was attended by Minister of Social Affairs Ith Samheng, Minister of Labor ...
http://www.nzweek.com/world/cambodias-garment-workers-to-get-pay-rise-for-2013-43866/
Cambodia's rubber exports up 17 pct, revenues down 21 pct in 2012
Cambodia recorded a 17 percent rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21 percent due to declining rubber prices in the international market, the government’s statistics showed Friday. The country had exported 54,530 tons of rubber latex ...
Cambodian miner Khmer Resources plans to tap Hong Kong capital market
Khmer Resources Investment, which is backed by the Cambodian government, aims to list in Hong Kong within two years, chairman Cao Yunde said. “We intend to leverage the capital market of Hong Kong to finance our growth through a public listing so as to maximise the ...
US Seeks Infrastructure Deals in Cambodia
Looking to compete with Chinese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said yesterday in Phnom Penh. The plans, which come as part of a strategic and economic embracing of Asia ...
http://www.cambodiadaily.com/business/us-seeks-infrastructure-deals-in-cambodia-7945/
Phnom Penh office demand continues to expand
Office rental growth in Phnom Penh increased 10 to 15 per cent by the end of 2012, said an official of the Cambodian Valuers and Estate Agents Association, as the number of local and international companies have risen significantly. Chrek Soknim, deputy director of VTrust property ...
Investment Figures Show Billions of Dollars from China
China has become Cambodia’s biggest investor, putting some $8.8 billion into the country over nearly two decades, according to online data from the government’s lead investment agency. Those investment numbers, from the Council for the Development of Cambodia, from 1994 to 2011, do not take into ...
January's Salt harvest Destroyed by Rains
Heavy rainfall over the weekend has destroyed all the salt that was due to be harvested this month in Kep and Kampot provinces, farmers said yesterday. “The salt that we planned to harvest this week was completely destroyed because of heavy rain,” said Um Chon, chief ...
Cambodia's World Heritage Angkor Wat attracts 2.06 mln foreigners in 2012
Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, received 2.06 million foreign visitors last year, up 28 percent compared to 1.61 million in a year earlier, a tourism report said Tuesday. The temple greeted 339,530 South Koreans last year, up 23 percent year-on-year; ...
http://news.xinhuanet.com/english/culture/2013-01/15/c_132103894.htm
Xayaburi dam stirs debate on Mekong River Commission
When ministers from the four member countries of the Mekong River Commission and donors meet in Luang Prabang, Laos this week, the future role of the agency will be on the table. Questions about the effectiveness of the Mekong River Commission, set up in 1995 to ...
http://www.bangkokpost.com/news/asia/330603/xayaburi-dam-stirs-up-debate-on-mekong-river-commission
Thaicom's Mfone files for insolvency
Cambodia-based telecommunication operator Mfone, part of the Thaicom group, on Wednesday petitioned for insolvency proceedings in Phnom Penh after facing difficulties in an intensely competitive market and after failing to complete the sale of its shares to INT Management Service Company. “Mfone has been through a ...
http://www.nationmultimedia.com/business/Thaicoms-Mfone-files-for-insolvency-30197687.html
Britain life insurer Prudential officially launches operations in Cambodia
The U.K.-based life insurer, Prudential Plc, on Wednesday announced the commencement of its life insurance operations in Cambodia, according to the firm’s press release. Alongside the launch of its business operations, Prudential Cambodia and Acleda Bank, the largest commercial bank in Cambodia, also announced the establishment ...
http://news.xinhuanet.com/english/business/2013-01/09/c_132091413.htm
Cambodia sees 2.65 bln USD trade deficit in 2012
Cambodia recorded a trade deficit of 2.65 billion U.S. dollars in 2012, according to the government’s statistics on Wednesday. The country’s total import and export volume had reached 13.63 billion U.S. dollars last year, up 19 percent from 11.48 billion U. S. dollars in a year ...
http://news.xinhuanet.com/english/business/2013-01/09/c_132091653.htm
China's Guangxi donates 100 tons milled rice to Cambodia
China’s Guangxi Zhuang Autonomous Region on Tuesday donated 100 tons of milled rice to Cambodia as humanitarian aid. Hun Sen expressed gratitude to China’s Guangxi, saying that Cambodia and China’s Guangxi have seen growing relations and cooperation in agriculture. He asked Zhang to encourage more ...
http://news.xinhuanet.com/english/china/2013-01/08/c_132089011.htm
Cambodia, China's Guangxi sign deal to cement agricultural cooperation
Cambodia and China’s Guangxi Zhuang Autonomous Region on Tuesday signed a Memorandum of Understanding (MoU) on strengthening bilateral communication and cooperation in agriculture. The deal was inked between Lord Reasmey, secretary-general of Cambodia’s Ministry of Agriculture, and Zhang Mingpei, director- general of Department of Agriculture of ...
http://news.xinhuanet.com/english/china/2013-01/08/c_132088306.htm
Cambodia’s low wages lure manufacturers away from China, other countries
Inside a gleaming white-and-blue garment factory in Cambodia stand rows of second-hand Singers — weathered sewing machines transported from a plant in China that closed last year. The Hong Kong-headquartered Top Form, which has 700 workers at the plant, is one of many businesses that have ...
Cambodia unveils 1st home-made cars
Cambodia’s Heng Development Company on Monday unveiled the first-ever electric-powered cars manufactured by its factory in Kandal province. The show was made after the firm has completed the construction of a 20 million U.S. dollar car manufacturing plant branded ” Angkor” in Kandal province’s Takhmao district. Speaking ...
http://news.xinhuanet.com/english/world/2013-01/07/c_132085823.htm
Kathmandu listed in Top10 places to visit in 2013
Worldwide renowned travel advisory website–the tripadvisor.com–has listed Nepali capital Kathmandu in its top 10 best places to visit in Asia. While Siem Reap of Cambodia topped the chart, China’s Beijing and Shanghai cities hold the respective second and third best places to travel in the ...
http://news.xinhuanet.com/english/travel/2013-01/07/c_132085140.htm
Cambodia's national carrier adds new aircraft, targeting Singapore, China
The national flag carrier, Cambodia Angkor Air (CAA), added a new passenger plane on Sunday in order to expand new flight destinations to countries in the region, said a senior government official. “The new Airbus 321 plane is leased from an Airbus manufacturer in France,” Tek ...
http://news.xinhuanet.com/english/world/2013-01/06/c_132083762.htm
US Seeks Stronger Ties After Obama Visit
The United States is looking forward to making sure the US-Cambodian relations grow stronger after the visit of US President Barack Obama to Cambodia in November, according to US Embassy spokesman Sean McIntosh. In a recent interview with VOA Khmer, McIntosh said Obama has decided to ...
http://www.voacambodia.com/content/us-seeks-stronger-ties-after-obama-visit/1577161.html
Starbucks to open its first outlet in Vietnam
Global coffee-chain giant Starbucks will enter its 12th Asian market next month when it opens an outlet in Vietnam’s Ho Chi Minh City. RMA Cambodia CEO Rami Sharaf said the expansion into Vietnam did not automatically mean Starbucks would enter Cambodia. “I don’t think there is ...
Cambodia’s Economic Challenge
Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...
http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/
Cargos via Cambodia's city port up 17% in 2012
Cargos entering and leaving through Phnom Penh Autonomous Port, Cambodia’s second largest port, increased by 17 percent in 2012 thanks to increasing import and export activities, a senior port official said Thursday. The state-owned port had received 95,333 twenty-foot-equivalent units, or standard-sized containers (TEUs) last year, ...
http://news.xinhuanet.com/english/business/2013-01/03/c_132077675.htm