ព័ត៌មាន
Investment by China Doubles In First Half
Cambodia approved $1.2 billion in investments from China in the first six months of the year, a 104 percent increase in the amount of Chinese money set to flood into the economy compared to the same period last year, the Cambodian Investment Board said. The ...
China's investment in Cambodia reaches 8.8 bln USD
PHNOM PENH– Cambodia has received 8.8 billion U.S. dollars of investments from China from 1994 to July 2011, making China the leading country in the investments in the country, according to the reports from the Council for the Development of Cambodia (CDC) on Tuesday. The ...
http://news.xinhuanet.com/english2010/china/2011-09/06/c_131104903.htm
Cambodia, South Korea Ties
Cambodia-Korea Alumni Association (CAMKAA) in cooperation with The Korea International Cooperation Agency (KOICA) Cambodia Office launched the 3rd Seminar on the “Exchange Experiences of the Cambodia Korea Alumni Association” on August 26th to observe the mutual cooperation between Cambodia-South Korea. Mr. Seng Setha, President of CAMKAA, ...
Tourism numbers rise by 14 per cent
The number of foreign tourists visiting Cambodia through July climbed 14 per cent year-on-year, with the most arrivals coming from Vietnam, South Korea and China, according to the latest Ministry of Tourism figures. Improved transportation, greater promotion of the Kingdom to world markets and widely ...
China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia
The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...
Exports Increase 45.9% in First Six Months
Cambodian exports increased 45.9 percent to $2.15 billion in the first six months of the year compared to the same period in 2010, according to figures released by the Ministry of Commerce yesterday. Of the total value of exports, 80 percent, or $1.74 billion, were ...
Food Imports See Big Jump
CAMBODIA’S total food and beverage imports jumped 28 percent year-on-year through June to US$74 million, as domestic demand continued to outpace the Kingdom’s production capacity. The demand comes as Cambodia’s economy regains momentum following the global financial crisis, said officials at the Ministry of Commerce, ...
http://www.phnompenhpost.com/index.php/2011082351201/Business/food-imports-see-big-jump.html
Angkor Wat Visits Up on Asia Tourist Arrivals
THE number of international tourists visiting Siem Reap’s Angkor Wat temples increased 23 percent year-on-year through July, with statistics showing notable growth in travellers from Vietnam, South Korea, China and Japan. Some 907,463 tourists arrived at Angkor Wat in the first seven months of 2011, up ...
South Korea Will Help Restore Ancient Khmer Temple
South Korea plans to restore the ancient Khmer temple, Preah Pitou at western Baray and other temples in Siem Reap, home of a world-class tourism destination. The restoration project was announced after the meeting between Deputy Prime Minister Dr. Sok An, Minister in charge of ...
Asean to forge ahead through global crises
Southeast Asia needs to push ahead with a regional free trade bloc and policies to cope with global financial crises, Indonesia’s government said yesterday. Indonesia’s Vice President Boediono, addressing trade ministers from the Association of Southeast Asian Nations (ASEAN), said it was evident since the ...
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...
Korea trade keeps on climbing
CAMBODIA’S trade with South Korea grew 38 percent in the first half of 2011 on the same period last year, according to Korea Trade-Investment Promotion Agency (KORTA) statistics. The growth is partly due to increasing numbers of South Korean importers seeking business in Cambodia, KOTRA’s ...
http://www.phnompenhpost.com/index.php/2011080850915/Business/korea-trade-keeps-on-climbing.html
Interest up at Angkor Wat
Increased interest by Asian tourists has led to about 33 percent growth for Angkor Wat ticket sales so far this year, according to the Apsara Authority. Revenues during the first six months hit US$20 million, compared with about $15 million in the period last year, ...
http://www.phnompenhpost.com/index.php/2011080450870/Business/interest-up-at-angkor-wat.html
Medical imports decline
THE supply of pharmaceutical products has outstripped demand, causing a decrease in the value of drug imports during the first half of 2011, experts say. An increase in the number of firms importing pharmaceutical products in 2010 led to this year’s drop, Medical Trust Company ...
http://www.phnompenhpost.com/index.php/2011080250792/Business/medical-imports-decline.html
International Tourists Up 13.4 Percent
The number of visitors arriving in Cambodia in the first six months of this year has increased 13.4 percent to 1,385,029, compared to the same period in 2010, Kong Sophearak, director of the statistics department at the Ministry of Tourism, said yesterday. The largest influx ...
Pyongyang trade push
North Korea officials have arrived in Cambodia with the intent of establishing a trade relationship, particularly with regards to agriculture. Foreign Affairs Minister Hor Namhong met with Deputy Trade Minister Ri Myong San from the Democratic People’s Republic of Korea (DPRK). Opinions have been mixed ...
http://www.phnompenhpost.com/index.php/2011072750655/Business/pyongyang-trade-push.html
Coffee beans are on the boil
Coffee plantations in Cambodia’s northeast are struggling to keep up with rising international demand for the increasingly lucrative beans, farmers and traders said. Orders for Cambodian-grown coffee beans from countries such as Japan and Korea as well as domestic demand has increased rapidly, while prices have ...
http://www.phnompenhpost.com/index.php/2011072950714/Business/coffee-beans-are-on-the-boil.html
Double-digit rise in tourist arrivals
Cambodia has seen an increase in the number of tourist during the first six months of the year of 13 percent according to the Ministry of Tourism. Increased direct flights to Cambodia are cited as the explanation for the increase. Tourists have been coming from ...
Rise in Worker Numbers Heading to South Korea
An expected 4,500 Cambodians are expected to be working in South Korea by the end of the year, up from the estimated 2,915 according to the Ministry of Labour. The strong economy in Korea combined with a Buddhist background is a big draw for the ...
Machinery Imports Soar Through First Six Months
Sihanoukville Autonomous Port has seen an increase of 520 percent in the amount of construction machinery being imported. According to Chea Sambath, director of the port’s planning and statistics department, the increase is as a result of the increased investment in roads, hydropower dams and ...
Cambodia’s airports see growth in 2011
There has been a 13 percent increase to Cambodia’s two international airports since the beginning of the year. The USA, China, South Korea and Vietnam along with Japan were the key factors in this growth. The government’s attempts to attract visitors and investors is cited ...
Dispatches Reveal Cambodia Helped North Korean Refugees
US diplomatic cables released by WikiLeaks show that Cambodia assisted refugees escaping from North Korea. A North Korean was supposed to be deported to Vietnam and was claimed to have done such but it has now been proven otherwise. There have been other cases of ...
Seoul looks abroad for farmland
The South Korean government is looking to procure farmland aboard, approximately 380,000 hectares by the year 2018. The government is providing assistance to companies that lease arable land or buy stakes in overseas operations and are looking for such potential in Cambodia as well as ...
A Tough Ride for S Korean Property Projects
GS Engineering & Construction broke ground on June 18, 2008 of Cambodia’s largest building the International Finance Complex in Phnom Penh but since then has been suspend or forced to downscale like all of the other building projects in the city. Worth more than $4.5 ...