ព័ត៌មាន
Cambodia's trade with U.S. up 2% in first half of 2013
Bilateral trade between Cambodia and the United States has amounted to 1.44 billion U.S. dollars in the first six months of the year, up 2 percent compared with 1.41 billion U.S. dollars over the same period last year, the figures of the U.S. Department of ...
http://news.xinhuanet.com/english/business/2013-08/07/c_132610051.htm
Airports operator looks to expand
While Cambodia Airports, of which France-based Vinci Group is major stakeholder, sees tourist numbers taking off, eviction issues are gnawing at the company’s image. Emmanuel Menanteau, chief executive of Cambodia Airports, talked to the Post’s Sarah Thust about the expansion plans. How many tourist arrivals do ...
http://www.phnompenhpost.com/2013053165965/CEO-Talk/airports-operator-looks-to-expand.html
Cambodia launches cassava development project under China, UNDP support
Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...
http://news.xinhuanet.com/english/china/2013-05/21/c_132397799.htm
Cambodia exports to Thailand rise as nations improve economic ties
Cambodia’s total exports to Thailand sharply increased in the first quarter of the year, according to official data from Ministry of Commerce received by the Post last week. Officials said the rise is the result of efforts by both countries to improve trade facilitation and economic ...
Wage Hike Leads To Rent Fears
Cambodian Confederation of Unions president Rong Chhun yesterday appealed to landlords with properties close to garment factories not to take advantage of the industry’s minimum wage increase by raising rent prices. The minimum monthly salary in the garment sector – Cambodia’s biggest export industry – officially ...
http://www.phnompenhpost.com/2013051065555/National/wage-hike-leads-to-rent-fears.html
Firm Given Rights to All ELC Timber in Ratanakkiri
The Ministry of Agriculture has signed a deal with Try Pheap Import Export to give the firm the right to purchase all timber felled in economic land concessions (ELCs) in Ratanakkiri province, according to a letter sent from the Agriculture Ministry to the Forestry Administration ...
http://www.cambodiadaily.com/news/firm-given-rights-to-all-elc-timber-in-ratanakkiri-22788/
Cassava exports to China up, but production lags
Chinese-owned Avic International plans to export 8,000 tonnes of dried cassava from Cambodia to the Chinese market this year. According to Chan Saron, minister of agriculture, forestry and fisheries, there are currently 31 companies listed as exporting cassava to China from Cambodia, but only 17 ...
$20m mill will lift rice exports
Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...
http://www.phnompenhpost.com/2013012460970/Business/20m-mill-will-lift-rice-exports.html
Cedac buys rice miller to boost imports
The Cambodian Center for Study and Development in Agriculture, or Cedac, has built a $500,000 rice mill in Phnom Penh’s Pur Senchey district in the hope of exporting more milled rice overseas, an official said yesterday. “We expect that in 2013, we would export between 200 tons and ...
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
Malaysian Maybank expands to outskirts
Malaysian-owned Maybank, one of the largest banks in Cambodia, opened its 12th national branch in Phnom Penh on Friday. The bank aims to reach emerging businesses in the city’s Special Economic Zone (PPSEZ) with the new office. ...
Rubber plant opts for export
A local investor has spent nearly US$5 million setting up a rubber-processing factory in Kampong Cham, a key province in the Kingdom’s rubber production for export rather than producing final products, an insider says. ...
http://www.phnompenhpost.com/2012122460430/Business/rubber-plant-opts-for-export.html
Government Bank Gives Loan for Rice Milling
The government-backed Rural Development Bank has handed a $4.5 million loan to a company planning to invest in Cambodia’s efforts to export more milled rice. Rural Development Bank chairman Son Kuon Thor said yesterday that the bank was giving the loan to a new company ...
Report on Worldwide Land Grabbing Zeroes In on Cambodia
A new report on land grabbing around the world highlights Cambodia as a prime example of the ill effect of the growing global appetite for farmland by industrial scale operations. Released Wednesday in Stockholm by three Swedish NGOs, The Race for Land offers Cambodia as one ...
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 ...
Five Arrested for Stealing Clothing in Cargo Container Heist
Five people were arrested early Sunday morning for allegedly stealing more than 8,000 articles of clothing from shipping container on its way to Phnom Penh for export to the U.S., police said. The five suspects are accused of removing the garments from the cargo container as ...
Kratie Protest Puts Brakes on Land Demarcation
More than 100 people in Kratie province staged a peaceful protest on Sunday after excavators mobilized by a South Korean timber firm tried to clear and demarcate concession land, a commune official said yesterday. The company, Think Biotech, was granted 34,000 hectares of land on May ...
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
Mekong Subregion Investment Cooperation Forum highlights development triangle
Ministry of Planning and Investment, the Vietnam Association of Foreign Investment Enterprises, and the Cambodia-Laos-Vietnam Association for Economic Cooperation Development jointly held the Mekong Sub-region Investment Cooperation Forum with the theme of Cambodia-Laos-Vietnam Development Triangle before the New Challenges and Opportunities in Buon Ma Thuot ...
Kingdom’s trade deficit widens
Cambodia’s total exports increased more than 13 per cent in the first nine months of this year, with a year-on-year comparison indicating a widening trade deficit. A private-sector representative, an exporter and an independent economist said the slow growth was mainly due to the slowing of ...
http://www.phnompenhpost.com/index.php/2012110759621/Business/kingdoms-trade-deficit-widens.html
Indonesia in Talks With Cambodia Over Rice Export Deal
An Indonesian trade delegation is scheduled to visit Cambodia this month to finalize a trade deal that could see up to 100,000 tons of rice exported to Indonesia each year, Thon Virak, director general of state-owned rice exporter Green Trade Co., said on Friday. “Indonesia wants ...
Trade barriers hinder growth of Cambodia's export industry
Cambodia could reap even greater benefits from trade facilitation measures in the Greater Mekong Subregion (GMS) by removing high logistics costs, delays and other barriers that hamper the country’s connectivity and competitiveness, according to a new Asian Development Bank (ADB) book released here on Thursday. “Cambodia’s ...
EU Bike Import Shows Huge Shifts
The import flow of bicycles (excluding e-bikes) into the European Union is changing rapidly between countries What is in particular striking is the massive upswing in imports from Cambodia. In 2011 the European Union imported 366,000 bikes from Cambodia which took the country to the 9th ...
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 ...