ព័ត៌មាន
Talks under way to source maids from Cambodia
TALKS are under way to bring in Cambodian maids to help offset the shortfall in domestic workers from Indonesia. The Ministry of Manpower (MOM) is looking to make Cambodia an approved source country for domestic workers in Singapore and will make a decision soon. Association of Employment ...
http://thestar.com.my/news/story.asp?file=/2012/9/23/asia/12069202&sec=
Heineken nears Tiger beer deal after truce with rival
Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal When F&N’s board accepted Heineken’s improved offer of S$53 per APB share, the deal included a ...
http://www.reuters.com/article/2012/09/19/asiapacificbreweries-offer-heineken-idUSL4E8KI5D320120919
Southeast Asia smartphone growth: 78% in 12 months
Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...
http://e27.sg/2012/09/17/southeast-asia-smartphone-growth-78-percent-12-months/
Cafta report card
China is encouraged by growing cooperation with Asean countries and hopes to see even more development in China-Asean trade to generate benefits for both sides. Under the China-Asean Free Trade Agreement (Cafta) that went into effect on Jan 1, 2010, more than 7,000 products are now ...
http://www.bangkokpost.com/business/news/312738/cafta-report-card
Singapore & Cambodia to strengthen energy cooperation, starting with study visit
Singapore and Cambodia have agreed to strengthen bilateral cooperation in energy. As a first step, a delegation led by a Secretary of State of the Ministry of Industry, Mines and Energy of Cambodia will conduct a study visit to Singapore from 21 to 24 October. The ...
ANRPC sees higher rubber output
Natural rubber (NR) production in Association of Natural Rubber Producing Countries (ANRPC) this year is set to rise by 4.9% to 10.83 million tonnes from 10.33 million tonnes in 2011 The members of ANRPC are Thailand, Indonesia, Malaysia, Vietnam, Cambodia, India, China, Papua New Guinea, the ...
http://biz.thestar.com.my/news/story.asp?file=/2012/9/6/business/11977003&sec=business
PTT offers $960 mln to buy out Sakari to increase coal assets
Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...
http://www.reuters.com/article/2012/08/27/sakari-ptt-idUSL3E8JR02420120827
India Funds Three-Nation Road
$500-million loan from New Delhi to help build 3,200km highway through Myanmar and linking to Thailand The trilateral highway project will allow freight and container trucks to move across the borders from India to Myanmar and Thailand via Chiang Rai and border towns. It will play ...
http://www.nationmultimedia.com/business/India-funds-three-nation-road-30188145.html
Asean invests $178 Million in Cambodia for the first semester of 2012
Cambodia has gained the investments of 178 million U.S. dollars from its ASEAN member states in the first six months of 2012, according to a report from the Council for the Development of Cambodia said this week. From January to June this year, the country granted ...
Sok An Wants Thai Waters Dispute Resolved
In his first public meeting in weeks, Deputy Prime Minister Sok An on Friday met with a delegation of Thai officials in Phnom Penh and pledged Cambodia’s commitment to resolve a decade-old maritime dispute over contested maritime space in the Gulf of Thailand. Speaking to reporters ...
Burger King Says No Plans to Open in Country
U.S. fast-food chain Burger King said yesterday that no one holds the rights to open a branch of its restaurant in Cambodia, despite job advertisements appearing online featuring the company’s logo. . “Currently, we do not have any established franchisee in Cambodia,” Tan Ching Ee, marketing ...
Inspiring tech entrepreneurship
The arrival of Startup Weekend in Cambodia marked a new beginning for high-tech entrepreneurship as more than 80 people worked on all kinds of new business ideas all weekend at Yellow Tower across the Tonle Sap from The Riverside. Chief Marketing Officer Joey Pomerenke of Startup ...
http://www.phnompenhpost.com/index.php/2012062556987/Business/tech-entrepreneurship.html
Koh Pich hopes gem fair shines
The five-day Cambodia Gems & Jewelry Fair (CGJF) will kick off on June 14 at the Diamond Island (Koh Pich) Exhibition Centre and will be hosted by the Cambodian Ministry of Commerce in association with Hong Kong’s World Trade Fair Ltd. the CGJF has attracted companies ...
Southeast Asia's solid economic growth rides over global woes
Southeast Asia is showing stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports, while low debt levels give governments more room than their cash-strapped counterparts in the West to deliver stimulus. On Thursday, the Philippines became ...
http://uk.reuters.com/article/2012/06/01/uk-seasia-economy-idUKBRE85009U20120601
Levi's, Gap garment workers on strike in Cambodia
Workers at a large Cambodian garment factory that makes clothes for Levi’s, Gap and other well-known international brands are striking for more pay and better working conditions. More than 5,000 workers from the Singaporean-owned SL Garment Processing (Cambodia) Ltd. failed to reach an agreement with their ...
Regional health insider talks Cambodian medical care
A French doctor established International SOS between Jakarta and Singapore 27 years ago. The company conducted emergency airlifts for patients to Singapore due to the lack of quality health services available in Indonesia at the time. The French-owned company now has a presence in 74 countries ...
ICT growth continues
The expansion of Cambodia’s information and communications technology sector was highlighted at the ICT Expo on Diamond Island yesterday, as the sector’s bellwether companies continue to eye the Kingdom. Sony Corp, which took part in the eighth annual expo for the first time this year, set ...
http://www.phnompenhpost.com/index.php/2012050455965/Business/ict-growth-continues.html
Maybank Cambodia aims to be in top 5 by 2015
Maybank launched yesterday its locally incorporated company in Cambodia, Maybank (Cambodia) Plc, and will also build a 10-storey corporate office with the aim of becoming one of the top five banks there by 2015. Currently ranked seventh in terms of assets among 33 banks operating ...
Trafficked to Micronesia, Seven Fishermen Return
Seven fishermen who were trafficked to work on trawlers in waters off Micronesia were repatriated to Cambodia yesterday, the fishermen and a rights worker said. The men, who left Cambodia in 2010 and 2011 to work for Giant Ocean International as fishermen in Singapore, were trafficked ...
Increasing prices drive Kingdom’s rubber
Rubber production in early 2012 increased 21 per cent when compared to the end of 2011, according to Mak Kim Hong, president of the Cambodian Rubber Association. He said yesterday that the price of one tonne of good-quality rubber rose to US$3,800 in early 2012, ...
Calls for re-evaluation of short-term workers
Almost 120,000 Cambodians who illegally crossed into neighbouring countries in search of work were repatriated during 2011, new figures from the Ministry of Interior have revealed, prompting a senior ministry official to call for a re-evaluation of how Cambodian workers are treated abroad. Chou Bun Eng, ...
Oil refinery to be built
Construction on a US$2 billion oil refining plant, the Kingdom’s first, will start in April, according to officials close to the project. The plant, which will be built on 365 hectares across Kampot and Sihanoukville provinces and is expected to be completed in 2014, is a ...
http://www.phnompenhpost.com/index.php/2011120553135/Business/oil-refinery-to-be-built.html
New carriers to service Kingdom
Two new Asian airlines will begin regular flights to Cambodia this winter in an airlines sector increasingly dominated by regional passengers, a Cambodia Airports official said on Friday. Tiger Airways, a Singapore-based airline, will operate daily A320 flights between Singapore and Phnom Penh and Singapore and ...
MFI opens with $50m loan package
Sonatra Microfinance Institution, a joint investment between local and foreign investors, officially started operations in Cambodia yesterday. A US$50 million loan package was signed during the ceremony on Thursday, providing Singapore-based EastWing Group and Japanese firm Grand Cooperation with a 30 per cent stake of the ...