ព័ត៌មាន
Garment maker eyes economic zone in Cambodia
The private company HOdo Group Co Ltd, a textile and garment company in Wuxi, Jiangsu province, is looking to expand its presence in Sihanoukville, a province in southern Cambodia, in an attempt to diversify its business. Zhou Haijiang, president of the company, said it has made ...
http://www.chinadaily.com.cn/cndy/2012-10/23/content_15837895.htm
China's ICBC offers RMB transfers
A new banking settlements system called CHANCES, dealing exclusively in the Chinese currency renminbi (RMB), aims to make trade between China and the ASEAN countries easier and less expensive. Owned and operated by the Industrial and Commercial Bank of China (ICBC), the CHANCES system stands for ...
Questions over China dams
Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...
http://www.phnompenhpost.com/index.php/2012102359350/National-news/questions-over-china-dams.html
Higher costs forcing Chinese firms to relocate to Southeast Asia
China’s rising wages and shrinking export demand are forcing manufacturers to relocate to neighbouring Southeast Asian nations and many that remain are seriously considering moving, a foreign trade official from the Ministry of Commerce said Buyers have “turned their eyes to manufacturers from Southeast Asian countries”, ...
http://my.news.yahoo.com/higher-costs-forcing-chinese-firms-relocate-southeast-asia-091002927.html
U.S., S. Korean, Chinese, Japanese leaders to attend 21st ASEAN Summit in Cambodia
U.S. President Barack Obama, South Korean President Lee Myung-bak, Chinese Premier Wen Jiabao and Japanese Prime Minister Yoshihiko Noda have already confirmed their participation in the 21st ASEAN Summit and related Summits here on Nov. 15-20, said Cambodia’s Foreign Minister Hor Namhong on Monday. ...
http://news.xinhuanet.com/english/world/2012-10/22/c_131922509.htm
China, Cambodia agree to further advance ties
China and Cambodia agreed on Thursday to further advance their comprehensive relations of strategic cooperation and partnership in accordance with the will of late Cambodian King-Father Norodom Sihanouk. Cambodian Prime Minister Hun Sen told visiting Chinese State Councillor Dai Bingguo on Thursday morning that Cambodia “will ...
http://news.xinhuanet.com/english/china/2012-10/18/c_131915190.htm
Singapore's TA Corporation eyes China & Cambodia
Singapore-listed property and construction group TA Corporation has managed to post stellar increase in earnings in the first half of this year, despite the government’s property cooling measures TA Corporation is also aiming for further growth overseas through joint ventures in China and Cambodia “China has big ...
http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1231696/1/.html
Indonesian Trader Close to $1.5b Cambodia Sales Deal
Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...
http://www.thejakartaglobe.com/business/indonesian-trader-close-to-15b-cambodia-sales-deal/550207
Cambodia might benefit from Japan-China row
A lot of Japanese companies have been making inquiries about investing in Cambodia. And a good number of them are companies who are considering relocating from China. This was revealed by Phnom Penh Special Economic Zone manager Hiroshi Uematsu in the Japanese newspaper Asahi Shimbun. Recent ...
http://japandailypress.com/cambodia-might-benefit-from-japan-china-row-1515865
Commerce Official Denies Luxury Wood 'Logs' Exported to China
A Commerce Ministry official yesterday denied that Cambodia was exporting luxury wood logs to China, insisting that any wood leaving the country was in a “processed” form. The China Customs data also states that each year, just under 10,000 cubic meters of “logs” and about ...
http://www.cambodiadaily.com/news/commerce-official-denies-luxury-wood-logs-exported-to-china/
East Asia growth to recover next year: WB
Economic growth in the East Asia and Pacific region – covering 14 countries, including Thailand – may slow by a full percentage point to 7.2 per cent this year, before recovering to 7.6 per cent next year, according to a World Bank report Excluding China, the ...
http://ph.news.yahoo.com/east-asia-growth-recover-next-wb-060002801.html
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 ...
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
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 ...
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 ...
Chinese tourist numbers high
Foreign tourists visiting Cambodia increased more than 24 per cent for the first eight months of the year compared to the same period last year, while tourism officials expected Chinese visitors could be ranked number two in the Cambodian tourism market in the future. According to ...
http://www.phnompenhpost.com/index.php/2012100459105/Business/chinese-tourist-numbers-high.html
Hun Sen Asks China for Loan to Build New Road
Prime Minister Hun Sen said yesterday that he has requested a $140 million loan from China to build a 190 km road that would branch off National Road 5 and allow easier access to Thailand. The request comes just one month after Mr. Hun Sen returned ...
New outsourcing players challenge export giants
Of course the BRIC countries are far from being the only emerging market suppliers for the global apparel sector – and a knot of competitors such as Bangladesh and Vietnam have long been vying for business. But there are smaller players (in terms of the ...
Garment industry stokes Cambodia’s political growth
Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...
Water Wars Feared Over Mekong
China’s dam building spree on the upper Mekong River raises new tensions over water resources Vietnamese President Truong Tan Sang obviously had China in mind when he warned recently that tensions over water resources are not only threatening economic growth but presenting a source of conflict Cambodia, ...
http://www.rfa.org/english/east-asia-beat/mekong-09302012160353.html
China is promoting the yuan for settling trade deals with the Kingdom
Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...
Cambodia's Angkor Wat Temple attracts 1.36 mln foreign visitors in 8 months, up 31%
About 1.36 million international tourists visited Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, in the first eight months of this year, a 31 percent rise compared with 1.04 million during the same period last year, a report of Siem Reap provincial tourism ...
http://news.xinhuanet.com/english/culture/2012-09/26/c_131874967.htm
China ASEN Expo starts on Friday
Minister of Commerce Cham Prasidh and 100 Cambodian companies are set to represent the Kingdom at the 9th China-ASEAN Expo in Nanning, China, which starts tomorrow, according to officials. The expo will include representatives from all 10 ASEAN countries and China itself. Cambodian officials will seek ...
Chinese Delegates Visit Environment Minister, Officials
A Chinese parliamentary delegation arrived in Phnom Penh yesterday to hold talks with various Cambodian officials including the environment minister, Chinese state media reported. The delegation from the National People’s Congress is headed by Huang Xianzhong, vice chairman of the Environment Protection and Resource Conservation Committee and a ...