Export plans on hold
Local instant noodle company Men Sarun failed in its plan to export canned noodles to US markets this year, and an official confirmed that failures stemmed from both the unstable market price and increasing costs of transportation. Choun Kol, deputy general director of Men Sarun Investment, told the Post that the export plans were temporarily suspended, though producing machines have already been imported but not yet been installed. According to information he received from his business partners in the US, the cost of transportation has increased to around $6,000 per container in recent months, from about $4,000 earlier in the year. The move stemmed from increasing gas prices. …
http://www.phnompenhpost.com/2013032264621/Business/export-plans-on-hold.html
