ព័ត៌មាន
Cambodia's trade with Japan up 24 pct in 8 months
The two-way trade between Cambodia and Japan has hit $503 million in the first eight months this year, up 24 percent over the same period last year, the figures from the Japan External Trade Organization said Tuesday. Cambodian exports to Japan rose 39 percent to $358 ...
Global Times Staff
http://www.globaltimes.cn/content/816224.shtml#.UlS3adKBmN8
Cambodia's construction attracts over 2 bln USD investment in 8 months
PHNOM PENH, Sept. 27 (Xinhua) — Cambodia’s construction sector had received a total investment of 2.14 billion U.S. dollars in the first eight months of the year, up 40 percent from 1.53 billion U.S. dollars over the same period last year, a government report showed ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132755769.htm
Work starts on new 22-storey hotel
Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...
Siv Meng
http://www.phnompenhpost.com/real-estate/work-starts-new-22-storey-hotel
Japan to relax visa requirements for Myanmar, Cambodia, Laos
Japan plans to relax visa requirements for Myanmar, Cambodia and Laos by the end of this year, as part of efforts to boost tourism to promote the country’s economic growth strategy, government sources said Wednesday. The government is considering allowing the issuance of “multiple-entry visas” for visitors ...
Kyodo News Staff
http://english.kyodonews.jp/news/2013/09/247990.html?searchType=site&req_type=article&phrase=Cambodia
Mizuho bank links up with Maybank and Canadia
Japan-based Mizuho Bank (MHBK) has signed an agreement with two well-established banks in Cambodia that is designed to help Mizuho leverage a wider range of financial services when dealing with Japanese clients. The memorandum of understanding was inked on Friday in Phnom Penh between Mizuho’s president ...
May Kunmakara
http://www.phnompenhpost.com/business/mizuho-bank-links-maybank-and-canadia
Four More Named in Fertilizer Embezzlement Scandal
An official from Battambang province’s department of agriculture who was charged last Monday with embezzling $200,000 from the illegal sale of fertilizer donated to the poor by Japan has implicated four other officials in the case, including the son of senior CPP lawmaker Cheam Yeap, ...
Eang Mengleng
http://www.cambodiadaily.com/news/four-more-named-in-fertilizer-embezzlement-scandal-41913/
Cambodia-U.S. Bilateral Trade Increases
In the first seven months of this year, the bilateral trade between Cambodia and the U.S. has reached some US$1.7 billion, up by 3.5 percent if compared to the same period in the previous year, according to the U.S. Trade Department’s figures. ...
Kubota enters Cambodia
Siam Kubota Corporation (SKC), a leading farm truck maker, has partnered with Group Lease to enter the agriculture machine market in Cambodia. Mitsuji Konoshita, chief executive of Group Lease, said the partnership with SKC is a bid to extend leasing service to Kubota’s clients in ...
Nuntawun Polkuamdee
http://www.bangkokpost.com/news/asia/368267/kubota-enters-cambodia
Local brands standing firm
Inside a shop in a restored building on the corner of Sothearos Boulevard and Street 266, nearly 10 Cambodians wearing the same uniform are walking around and cleaning tables. By the end of this year, Brown Coffee will have a total of eight branches in ...
Hor Kimsay
http://www.phnompenhpost.com/business/local-brands-standing-firm
Cambodian garment workers rally over jobs
Around 4000 Cambodian garment workers are protesting after a factory supplying global brands including Gap and H&M fired hundreds of their colleagues for striking over conditions. Union leaders said the Singapore-owned SL Garment Processing factory fired 720 workers on Wednesday while more than 5000 others were ...
MSN NZ News Staff
http://news.msn.co.nz/worldnews/8718648/cambodian-garment-workers-rally-over-jobs
Japanese Investor in Talks to Take Stake in TV3
Japan’s TriAsia Group is in talks to acquire a majority stake in local television station TV3 and plans to broadcast Japanese-language shows, the television channel’s owner confirmed Wednesday. According to TV3’s owner, Khampun Keomony, revenues at the channel have been dropping, which prompted him to look ...
Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/japanese-investor-in-talks-to-take-stake-in-tv3-41707/
New Project Aims to Help Small Businesses in Cambodia
A new project by the government and Japan’s aid agency seeks to assist small companies in Cambodia that are in need of specialist advice in order to develop and keep up with competitors in neighboring Asean countries. The aim of the two-year program, called “Strategic Strengthening ...
Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/new-project-aims-to-help-small-businesses-in-cambodia-41534/?utm_source=rss&utm_medium=rss&utm_campaign=new-project-aims-to-help-small-businesses-in-cambodia
City poised for shopping mall boom
After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/city-poised-shopping-mall-boom
SBI ចុះកិច្ចព្រមព្រៀងជាមួយក្រុមហ៊ុនថៃ
ក្រុមហ៊ុនមូលបត្រ SBI Royal Securities Plc ដែលជាបុត្រសម្ព័ន្ធរបស់ក្រុមហ៊ុន SBI Holding ,Inc មានមូលដ្ឋាននៅជប៉ុនបានចុះកិច្ចព្រមព្រៀងជាមូលដ្ឋានក្នុងការបង្កើតសម្ព័ន្ធអាជីវកម្ម និងមូលធនជាមួយ Finansia Syrus Securities Pcl ដែលជាក្រុមហ៊ុនមូលបត្រ ...
ម៉ៃ គុណមករា
http://www.phnompenhpost.com/business/cambodian-thai-firms-form-business-alliance
Speaking in tongues: Young Cambodians learning foreign languages to improve economic opportunities
In the globalised world, being able to communicate in more than one language is becoming essential for many people seeking rewarding careers. Young Cambodians have taken this message to heart and are learning Cambodia is slowly moving up the development ladder but low-wage factory labour still ...
http://www.bangkokpost.com/business/news/365365/speaking-in-tongues
Cambodia to host 8th ASEAN Social Welfare Ministers meeting next month
The 8th ASEAN Ministerial Meeting for Social Welfare and Development will be held in Cambodia’s Siem Reap City from Sept. 3 to 7, according to a statement of Cambodia’s Ministry of Social Affairs released Thursday. ...
http://news.xinhuanet.com/english/world/2013-08/15/c_132633368.htm
Car Maker Mazda Opens in Cambodia
Japanese automaker Mazda opened its first showroom in Cambodia on Wednesday, making it the third foreign car company to move into the country since the beginning of the year. “Mazda starts selling in Cambodia from today,” said Chanthan Ngon, general manager of HGB Auto, the company’s ...
http://www.cambodiadaily.com/business/car-maker-mazda-opens-in-cambodia-39630/
Cambodia dispacthes 11,940 laborers abroad in first 6 months
Cambodia has sent about 11,940 laborers overseas in the first six months of this year, down 29 percent from 16,900 it sent over the same period last year, the figures of the Ministry of Labor showed Tuesday. In January to June period this year, the country ...
http://news.xinhuanet.com/english/world/2013-08/13/c_132627422.htm
Japanese, Cambodia trade is up 19 per cent
Trade volume between Cambodia and Japan had grown 19 per cent in the first six months of 2013 compared with the same period last year, figures from the Japan External Trade Organisation show. Cambodian exports to Japan were up 31 per cent in the first six ...
http://www.phnompenhpost.com/business/japanese-cambodia-trade-19-cent
Growth at risk from ‘turmoil’
Cambodia’s Minister of Commerce and long-time ruling party stalwart Cham Prasidh said yesterday that post-election demonstrations could prevent growth and even result in small-scale looting. “If they want to destroy the economy, they have to protest more and more in order to destroy,” he said. Speaking ...
http://www.phnompenhpost.com/business/growth-risk-%E2%80%98turmoil%E2%80%99
Hyundai’s Cambodia plans
After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...
http://www.phnompenhpost.com/business/hyundai%E2%80%99s-cambodia-plans
Cambodia organizes int'l industrial machinery, garment exhibition
The 3rd international industrial machinery and garment fair kicked off at Cambodian capital’s Diamond Island Exhibition Center on Thursday with the participation of about 240 exhibitors from 16 countries and regions. A variety of industrial machinery for the production of textile and garment, footwear, plastics ...
http://news.xinhuanet.com/english/business/2013-08/08/c_132613974.htm
Satellite system will save fuel and routes
Phnom Penh International Airport’s navigation system will be upgraded today with the installment of a new satellite-based system that aims to improve efficiency and reduce fuel usage, an aviation official said. Chhun Sivorn, director of the Air Navigation Standards and Safety Department of the State Secretariat ...
http://www.phnompenhpost.com/business/satellite-system-will-save-fuel-and-routes
Koh Pich Awash With Development, but Don’t Ask for Details
Business is booming on Koh Pich. Since development began in 2006—and about 300 families were pushed off what was then farmland—the island has slowly grown into the symbol of commercial modernity in Phnom Penh. The developer, Overseas Cambodia Investment Corp., is also extending the island by ...
http://www.cambodiadaily.com/news/koh-pich-awash-with-development-but-dont-ask-for-details-36411/