ព័ត៌មាន
Cambodia attracts $2.28 bln investment projects last year: gov't report
Cambodia had granted licenses to 157 domestic and foreign investment projects with a total investment of 2.28 billion U.S. dollars in 2012, according to a report of the Council for the Development of Cambodia (CDC) on Tuesday. Domestic investors topped the chart among all investors last ...
http://news.xinhuanet.com/english/business/2013-01/29/c_132136638.htm
Value of construction in Cambodia skyrockets
The amount of money spent on construction in Cambodia soared by 72 per cent in 2012 compared to 2011, according to data from the Ministry of Land Management, Urban Planning and Construction. The ministry said it had issued 1,694 construction patents covering 6.5 million square metres ...
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
Petronas still eyeing Cambodia
After closing the last of its 19 petrol stations in Cambodia in April 2010, Petroliam Nasional Bhd (Petronas) is again eyeing the country’s oil and gas (O&G) sector. This will see Chevron and its partners developing the country’s first offshore oil field this year. According to ...
http://www.theedgemalaysia.com/highlights/229579-petronas-still-eyeing-cambodia.html
ASEAN ministers vow to deepen tourism cooperation
Representatives of the ten ASEAN nations met on Sunday in Laos’ capital of Vientiane to launch the ASEAN Tourism Forum (ATF), where they pledged to expand tourism cooperation and discussed creating a pan-ASEAN tourist visa. The ATF, which was first held in 1981, is designed to ...
http://news.xinhuanet.com/english/world/2013-01/20/c_132115298.htm
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 ...
Maybank to increase branches in Cambodia to 20, from 12
Maybank Bhd is looking to increase its presence in Cambodia, by raising the number of its branches to 20 from 12 currently. Speaking at a public panel dialogue organised by The Wharton School about the economic prospects of the ASEAN region, Maybank’s CEO Datuk Sri Abdul ...
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
Lifting maid ban proving a challenge
A lack of legal protections, insufficient commitment from the Malaysian government and an overworked, understaffed embassy are among the major obstacles to lifting the maid ban, according to an internal government report obtained yesterday. Penned by the Ministry of Interior, the 12-page brief details a ...
http://www.phnompenhpost.com/2013010960701/National/lifting-maid-ban-proving-a-challenge.html
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
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 ...
Cambodian milled rice exports rise slightly
Cambodian milled rice exports to international markets grew only 2 per cent year-on-year, leading rice trading experts to express concern that the goal of exporting a million tonnes in 2015 cannot be accomplished. Hean Vanhorn, deputy director general of the Ministry of Agriculture and director of ...
http://www.phnompenhpost.com/2013010360602/Business/cambodian-milled-rice-exports-rise-slightly.html
Cambodia wins awards
The real estate and construction industry in Cambodia has been boosted recently after two companies won prestigious awards for their work in the Kingdom. Vattanac Capital walked away with the prize for Best Commercial Development (South East Asia) for the Vattanac Capital Tower at the second ...
http://www.phnompenhpost.com/2013010360594/Real-Estate/cambodia-wins-awards.html
Train service relaunched between Phnom Penh and Sihanoukville
The government was to resume rail services between Phnom Penh and Sihanoukville Friday in collaboration with Toll Royal Co, Richz Electronic Services and the Asian Development Bank, sources said. ...
6.7% growth forecast for Cambodia
Cambodia is projected to have the second fastest-growing economy in Southeast Asia over the next two years, the World Bank said in a regional economic update last week. Gross domestic product is forecast to expand 6.7 per cent next year and 7 percent in 2014. That ...
http://www.nationmultimedia.com/aec/6-7%C2%A0rowth-forecast-for-Cambodia-30196729.html
Single visa test-run
A single visa for Thailand and Cambodia is ready for launch 27 December at all of the countries’ consulates and embassies. It is a test phase of a wider project called ACMECS Single Visa (Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy) involving Thailand, Laos, Vietnam, Cambodia, and ...
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
Labour shortage in Cambodia's garment industry
Cambodia’s garment factories face a shortage of workers, because of migration, more job opportunities in different sectors and poor labour conditions, industry experts said. According to Ken Loo, secretary general of the Garment Manufacturer’s Association in Cambodia, there is a definite shortage of labour in Phnom ...
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 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
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 ...
Malaysia frees 105 foreign maids 'held against will'
Malaysian authorities have freed 105 mostly Indonesian maids who were forced to work without pay by day and held against their will at night, local media reported on Monday. The women were freed Saturday in a raid on a building near the capital Kuala Lumpur where ...
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 ...