ព័ត៌មាន
AEC will 'Cut impact of US, EU woes'
Malaysia is optimistic Asean is ready to be integrated into a single economic block by December 2015 despite uncertainties over growth in the euro zone and the US. International Trade and Industry Minister Mustapa Mohamed said the 10 member countries would be able to cushion the ...
http://www.nationmultimedia.com/business/AEC-will-Cut-impact-of-US-EU-woes-30195833.html
Low China demand may keep local rubber prices down until 2015
Cambodia’s rubber price is expected to fall further in coming years while government projects aimed at doubling rubber resin production will take effect by 2015, according to the latest figures from the Rubber General Department. Mak Kimhong, president of the Cambodia Rubber Association and owner of ...
Cambodia-China ties in trade, investment, tourism look better: commerce minister
The ties between Cambodia and China in trade, investment and tourism have steadily grown from year to year thanks to good relations between the two countries, Cambodian Minister of Commerce Cham Prasidh said Tuesday. “China is one of our key trading partners. The two-way trade volume ...
Cambodia to get its first garment training institute
The Garment Manufacturers Association in Cambodia (GMAC) has inked an agreement with French international development agency – Agence Francaise de Development (AFD), for obtaining a loan of US$ 3.5 million to set up [sic] first garment training institute in the country. As per the agreement the ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118660
Cambodia's cheap labour attracts interest
TK Garment Co Ltd, a leading Thai original equipment manufacturer for fashion lines in Thailand, is relocating its largest production site to Cambodia to escape high wage costs, the Bangkok Post reported yesterday. According to Ken Loo, secretary general of the Garment Manufacturers Association in ...
China seen as potential market for Cambodia’s exports
The Commerce Minister said yesterday that China is a potential market for Cambodia’s garment exports and some other agricultural products while the traditional big markets of Europe and the United States are experiencing an economic slowdown. Cham Prasidh said at the sidelines of the Cambodia-China Trade ...
11th World Huang clan convention held in Cambodia
About 3,000 Chinese in Huang clan from around the globe gathered here Wednesday to bridge closer ties among Huang families and to visit Cambodia’s attractive tourism destinations. Speaking at the opening of the 11th World Huang Clan Convention 2nd Session, Cambodian Minister of Commerce Cham Prasidh, ...
http://news.xinhuanet.com/english/culture/2012-12/05/c_132021075.htm
Loan agreement inked for Cambodia’s first garment training school
The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...
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
Vietnamese still Cambodia’s strongest market
Cambodia’s tourism arrivals jumped more than 24 percent during the first ten months 2012, with more than 2.86 million international visitors. A tourism ministry update reported Vietnam as the country’s number one largest source of foreign visitors, with 638,560 tourists followed by South Korea and China, ...
http://www.etravelblackboardasia.com/article/88009/vietnamese-still-cambodias-strongest-market
Cambodian documentary makes Sundance Film Festival
Until the arrival of large-scale development around her home in the northeastern province of Ratanakkiri, Sav Samourn, a member of the ethnic Jarai minority, was frightened of wild animals and ghosts. But as trees disappeared and industrial machinery razed the forestland, the old fears fell away. ...
Study reveals extent of Mekong dam food security threat
The planned construction of hydropowered dams on the Mekong River in South-East Asia could jeopardise livelihoods, water access and food security for 60 million people, across Cambodia, Laos, Thailand and Vietnam, according to a study. The study reports that dams will block fish migration routes and ...
Latex exports rise, revenues fall
Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...
http://www.phnompenhpost.com/index.php/2012112959998/Business/latex-exports-rise-revenues-fall.html
Electricity Vietnam No Longer Involved in Lower Sesan 2 Dam
Electricity Vietnam International (EVNI), a subsidiary of Vietnam’s state-owned electricity giant EVN, is no longer involved in the Lower Sesan 2 dam, a Vietnamese Embassy official confirmed yesterday. Cambodian conglomerate Royal Group and China’s Hydrolancang International Energy Co. Ltd. on Monday signed an agreement in Phnom ...
http://www.cambodiadaily.com/news/electricity-vietnam-no-longer-involved-in-lower-sesan-2-dam-6363/
Chinese sign deal on dam, villagers fear flooding
The massive and highly controversial Lower Sesan 2 Dam project took a major step forward yesterday with the inking of government power purchase agreements and an investment deal between Royal Group and a Chinese company. But details about the contracts, their implementation or the fate of ...
Rare hardwood sparks gunfights, corruption in Asia
KOH KONG, CAMBODIA — A Thai force dubbed the “Rambo Army” couldn’t stop the gangs, armed with battlefield weaponry, as they scoured the forests. Neither could a brave activist, gunned down when he came to investigate. Nor, apparently, can governments across Southeast Asia. The root of the ...
http://www.bradenton.com/2012/11/24/4291081/rare-hardwood-sparks-gunfights.html
PM Hun Sen lavishes praise on China
In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...
Cambodia inaugurates China-funded road in eastern part
Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...
Joint visa for Thailand and Cambodia in limbo
Despite the fact that the Chairman’s Statement of the recently wrapped 21st ASEAN Summit welcomed progress on regional “connectivity”, a long-awaited joint visa for Thailand and Cambodia remains stalled. Koy Kuong, spokesman at the Ministry of Foreign Affairs said yesterday that there is still no progress ...
Cambodians wanted more from Obama
He came, he said nothing, he left. Publicly at least, President Barack Obama, the first US head of state to visit the Kingdom, uttered not a single word to the Cambodian people, although many have noted that he was extremely pressed for time. Cambodians, from the ...
Regional Comprehensive Economic Partnership to create huge market
Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. An economist ...
Hun Sen Announces Talks to Begin on Huge Free Trade Zone
A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...
Asean Seeks To Downplay Row Over South China Sea
The president of the Philippines, a major Asean claimant to portions of the South China Sea, says the country wants the right to solve its problems on the world stage. But Asean leaders on Tuesday sought to downplay his remarks and said they did not ...
http://www.voacambodia.com/content/asean-seeks-to-downplay-row-over-south-china-sea/1549839.html
Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/