ព័ត៌មាន
Thailand promoted as Asean insurance hub
The World Bank and Japan will promote Thailand as the insurance centre of the Association of Southeast Asian Nations (Asean) to help develop the industry in neighbouring countries and provide professional services to the more advanced economies. The move is also expected to upgrade the insurance ...
http://www.nationmultimedia.com/business/Kingdom-promoted-as-ASEAN-insurance-hub-30194268.html
Cambodia's oil imports rise
Cambodia imported approximately 1.2 billion tonnes of petroleum in the first nine months of the year, up 12.51 per cent from the 1.1 billion tonnes in the same period last year, statistics from the Ministry of Commerce showed last week. From January to September, Cambodia bought ...
http://www.phnompenhpost.com/index.php/2012111459729/Business/cambodias-oil-imports-rise.html
Cambodia has capacity to meet financial commitments
What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...
Cheap Cambodian sand reaches city
The scarcity of sand in the city has forced construction companies to import sand mined from the Mekong River in Cambodia. A consignment of sand from Cambodia has already reached the city. More consignments are likely. The importers are likely to use the sand for ...
http://www.thehindu.com/news/cities/chennai/cheap-cambodian-sand-reaches-city/article4082209.ece
Hun Sen to Hold Bilateral Talks With Obama During Summit
Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...
Rise of housing loans
Although costs can be high for borrowing and it can be difficult to pay regularly every month, the trend of borrowing from banks by Cambodian people to buy property is still steadily increasing, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said ...
http://www.phnompenhpost.com/index.php/Real-Estate/rise-of-housing-loans.html
Paddy Rice Price Fluctuates
The price of paddy rice in Cambodia’s northwestern provinces jumped to 1,500 riel from 1,350 riel per kilogram in mid-October on a lack of supply, but quickly fell to 1,360 riel. Meanwhile, the prices in the Cambodia-Vietnam border provinces rose from 1,300 riel to 1,390 ...
http://www.phnompenhpost.com/index.php/2012110659583/Business/paddy-rice-price-fluctuates.html
Special report: Banking
With the recent announcement that two Taiwanese banks plan to open branches in Cambodia, the number of commercial banks in the country will swell to 34 and may even go higher as foreign businesses seriously consider Cambodia an alternative to more costly countries such as ...
Cambodia's Mfone ordered to repay $3.7M debt
Norway-based Eltek Valere has won a court injunction against Mfone, the Cambodian mobile subsidiary of SET-listed satellite operator Thaicom, for its failure to pay outstanding service charges. According to The Bangkok Post on Monday, citing court documents, the Phnom Penh Municipal Court ruled in favor of ...
http://www.zdnet.com/cambodias-mfone-ordered-to-repay-3-7m-debt-7000006879/
Cambodia spends $1.22 b to buy oil in 9 months
Cambodia spent $1.22 billion to purchase petroleum from foreign suppliers in the first nine months of this year, a 18 percent rise compared with $1.03 billion it spent during the same period last year, a Commerce Ministry’s report showed Monday. ...
Celestial Tiger Entertainment announces five new carriage agreements
Celestial Tiger Entertainment (CTE), the operator of the largest bouquet of pan-Asian channels dedicated to Asian entertainment, has announced five new carriage agreements on the first day of the 2012 CASBAA Convention, the annual pay TV industry conference held in Hong Kong. The newly-inked deals ...
Cambodian migrant workers send US$360 million home a year
Cambodian migrant workers in Thailand, Japan, Malaysia and Korea have sent home an average of US$360 million a year in remittances, according to Seng Sakada, general director of Ministry of Labor and Vocational Training. Overseas Cambodian migrants mainly work in the fields of housework, construction, factories ...
FedEx opens new air freight hub
FedEx has officially opened its new South Pacific Regional Hub in Singapore, the largest consolidated facility in the Asia-Pacific region. The $97 million hub is the first and only express transportation facility in Singapore. The 282,700-square-foot integrated facility houses air, ground and clearance operations under one roof ...
http://www.supplychainreview.com.au/news/articleid/81499.aspx
AHAVA expanding to 7 more countries
AHAVA Dead Sea Laboratories is expanding its international activity Dead Sea products to be sold in Poland, Italy, Switzerland, Korea, Greece, Denmark and Cambodia. Company CEO expects 10% growth in sales in coming year “In Phnom Penh, the Cambodian capital, we are operating through a franchisee’s store, ...
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
Tiger Airways launches Hyderabad and Phnom Penh routes from Singapore
Tiger Airways has launched two new routes from its Singapore (SIN) base, using its single fleet of 180-seat A320s. On 27 September, the low-cost airline began operating five times weekly to Hyderabad (HYD) in southeast India – the airline’s sixth destination in India ...
Tiger Airways launches daily service to Singapore
Direct daily flights between Phnom Penh and Singapore started yesterday with the first Tiger Airways flight departing at 8:30am and landing in Singapore at 11:30am, kicking off a seven-days-a-week low-cost service. The company is offering a special price of US$38 one-way from Phnom Penh to Singapore ...
Tiger Airway's 1st Flight Lands in Phnom Penh
Tiger Airways inaugural flight from Singapore to Cambodia touched down at Phnom Penh International Airport yesterday morning, making the low-cost carrier the 21st airline to offer daily flights to the capital. Mao Havanall, secretary of state at the State Secretariat of Civil Aviation, said yesterday ...
Tiger Air's First Flight to Cambodia Lands Monday
Tiger Airways’ first flight from Singapore to Cambodia is scheduled to land at Phnom Penh International Airport on Monday morning, making it the latest airline to offer direct flights to the country. Deborah Yeo, a public relations consultant for Tiger Airways, said that beginning Monday, the ...
Tiger goes terminal, and adds India and Cambodia cities
Tiger Airways reverses its ‘terminal’ thinking at long last in Singapore, and adds new cities in Cambodia and India. .. Tiger Airways is adding Hyderabad, India (tomorrow) and Phnom Penh, Cambodia (next Monday) to its reach only days after shifting up market into Singapore’s main terminal ...
Cambodia eyes domestic oil production, refinery for energy security: official
Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...
http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/7105582
AOS to extend reach with Cambodia, Singapore offices
MALAYSIA’S leading inbound tour operator Asian Overland Services (AOS) Tours & Travel has unveiled plans to expand regionally to provide customer support for its online B2B portal, aosclick.com, which has been recording double-digit growth since its 2009 launch. Two overseas offices will be established in Cambodia ...
Gov't Says No Plans to Send Maids to Singapore
The governemnt yesterday denied a recent news report that discussions were under way to have Cambodian domestic workers sent to Singapore. An Bunhak, chairman of the Association of Cambodian Recruitment Agencies (ACRA), said he did not know of any immediate plans to send maids to ...
Maid Talk Premature: Ministry
The Ministry of Labour has played down reports it is close to sending domestic workers to Singapore, a country that has only recently granted foreign maids a weekly day off. The two countries’ governments had been in talks with Singapore’s Association of Employment Agencies about placing ...