Industries

Construction

No Demolition Yet as Buildings’ Deadline Nears

There was little sign Wednesday that two new buildings near the Royal Palace in Phnom Penh, which have been ordered to reduce their height, were any closer to demolition Wednesday, despite the approach of a one-month deadline from City Hall. Phnom Penh municipal officials said last ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/no-demolition-yet-as-buildings-deadline-nears-46960/

Trade With Indonesia up but Logistics a Hurdle

Trade and tourism between Indonesia and Cambodia is growing but the two countries can still increase cooperation in those fields, according to participants in the 7th Indonesian Trade and Tourism Promotion exhibition on Phnom Penh’s Koh Pich on Sunday. The sale of Indonesian pharmaceuticals, food products ...

George Styllis
http://www.cambodiadaily.com/business/trade-with-indonesia-up-but-logistics-a-hurdle-46146/

Cambodia's per capita GDP to reach 1,036 USD this year: PM

Cambodia’s per capita GDP was projected to hit 1,036 U.S. dollars in 2013, up from nearly 1,000 U.S. dollars in a year earlier, Prime Minister Hun Sen said Saturday. The premier said the country has enjoyed full peace and political stability in the last 15 ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/21/c_132737987.htm

Insurance Sector Sees Growth in First 6 Months

Revenue generated by the country’s insurance firms increased 25 percent to $22 million in the first six months of this year compared to the same period last year, according to data released Tuesday by the General Insurance Association of Cambodia (GIAC). Engineering insurance has become the ...

Hul Reaksmey
http://www.cambodiadaily.com/business/insurance-sector-sees-growth-in%E2%80%88first-6-months-42216/

Sokimex Orders Businesses Off Prime Real Estate

Dozens of business owners occupying more than 8,000 square meters of prime real estate behind Phnom Penh’s Wat Ounalom have been ordered to vacate their premises by the local conglomerate Sokimex Group, an official from the firm said Wednesday. Though the firm declined to say what ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/sokimex-orders-businesses-off-prime-real-estate-41237/

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