Economy and commerce
SME policy to roll out in 2015
The Cambodian government is nearing completion of a policy aimed at strengthening the Kingdom’s small and medium-sized enterprises (SMEs), a senior official said yesterday. Minister for Industry and Handicraft Cham Prasidh yesterday told reporters his ministry was preparing a comprehensive SME policy with the purpose of ...
Hor Kimsay
http://www.phnompenhpost.com/business/sme-policy-roll-out-2015
Lawmakers going to Siem Reap
Parliamentary investigators will visit Siem Reap province on a wide-ranging fact-finding mission from Sunday following complaints about alleged corruption and misuse of funds. Son Chhay, an opposition MP who is vice chairman of the National Assembly’s Commission on Economics, Finance, Banking and Auditing, said the group ...
Daniel Pye
http://www.phnompenhpost.com/national/lawmakers-going-siem-reap
Cambodia to begin rice exports to various countries
Cambodia’s minister of commerce has announced that the country will step up efforts to export rice to Africa, Middle East and the European Union. In his three-day visit to Kuwait in December 2014, Chanthol aimed at opening new avenues for Cambodian-made agricultural goods to enter ...
Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/index.php?option=com_content&view=article&id=4483:cambodia-to-start-rice-export-to-various-countries&catid=1083&Itemid=98
Chinese-invested Bayon Airlines ready to start domestic flights in Cambodia
Cambodia Bayon Airlines (CBA), a wholly-owned subsidiary of the Aviation Industry Corporation of China, is ready to operate domestic flights in Cambodia later this month, the company said Monday. The MA60 aircraft will be mainly utilized to fly domestic routes within Cambodia. “Flight operations are scheduled ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141215/chinese-invested-bayon-airlines-ready-start-domestic-flights
Cambodian, Chinese firms sign deals for business cooperation
Cambodian and Chinese companies on Monday signed five agreements for business cooperation and joint ventures in construction and agriculture. The deals were signed on the sidelines of an annual Cambodia Import-Export Exhibition here under the presence of Cambodian Commerce Ministry Secretary of State Kem Sithan. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141215/cambodian-chinese-firms-sign-deals-business-cooperation
Cambodian, Chinese companies ink two business deals
Two business agreements were signed between 21 companies from East China Fujian province and their Cambodian counterparts at a business matching meeting here Sunday. Of the two agreements signed between the two sides, one was between China’s Fuzhou Yifeng Rice Company and Cambodia’s Mekong Oryza ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141214/cambodian-chinese-companies-ink-two-business-deals
Profits up in third quarter for PPWSA
The Phnom Penh Water Supply Authority (PPWSA) saw a dramatic increase in profits during the third quarter of this year, according to the state-run firm’s latest filing to the Cambodian Stock Exchange (CSX). PPWSA profits after tax topped $4.5 million during the three-month period ending September ...
Eddie Morton
http://phnompenhpost.com/business/profits-third-quarter-ppwsa
Cambodia's trade volume exceeds 16 bln USD in 11 months
Cambodia’s trade volume with foreign countries rose by 16 percent year on year in the first eleven months of 2014, according to data from the Ministry of Commerce on Tuesday. The country exported products in equivalent to 7.05 billion U.S. dollars, up 12 percent year-on-year ...
EastDay.com News Staff
http://english.eastday.com/auto/eastday/business/u1ai8467542.html
BCD Travel expands into Cambodia
BCD Travel is expanding its Asia-Pacific operations with a new office in Cambodia in partnership with Tonle Travel. BCD Travel now has offices in 18 countries in the Asia-Pacfic region. ...
Kate Youde
http://www.citmagazine.com/article/1325953/bcd-travel-expands-cambodia
Presence of Vietnamese goods limited in regional market
Many types of Vietnamese goods have faced strong competition of imported products from nations in the Southeast Asian region, while local businesses have met difficulties in broadening the presence of their products in these markets. For the last ten years, many businesses in Ho Chi Minh ...
Thuy Hai
http://www.saigon-gpdaily.com.vn/Business/Economy/2014/12/111809/
Cambodia's garment, footwear exports hit over US$6 Billion
Cambodia’s earned more than US$6 billion (about RM21 billion) from exports of garment and leather footwear this year, Vietnam News Agency (VNA) reported. ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1091760
Wah Seong subsidiary inks deal to sell green power in Cambodia
Wah Seong Corporation Bhd’s strategy to develop a portfolio of renewable energy and power plants in the region is taking off after it inked an agreement with Cambodia. The company said on Monday its indirect subsidiary had signed a power purchase agreement with Baitang (Kampuchea) Plc ...
The Star News Staff
http://www.thestar.com.my/Business/Business-News/2014/12/08/Wah-Seong-inks-deal-to-sell-green-power-in-Cambodia/?style=biz
Palm sugar exports see 138pct rise
Kampong Speu palm sugar exports with geographical indication (GI) status have increased in the past year, as international buyers begin to appreciate the Cambodia-specific product. Export volumes of the sugar reached 50 tonnes in 2014, according to Kampong Speu Palm Sugar Promotion Association’s (KSPSPA) president, Sam ...
Chan Muyhong
http://phnompenhpost.com/business/palm-sugar-exports-see-138pct-rise
Three convicted in UK over Cambodian biofuel scam
A London court on Friday convicted three British men of conspiracy to commit fraud following an investigation by the U.K.’s Serious Fraud Office (SFO) into a British biofuel firm that swindled investors in its Cambodian venture. Gary West, the former director of Sustainable Agro Energy (SAE); James ...
George Styllis
https://www.cambodiadaily.com/news/three-convicted-in-uk-over-cambodian-biofuel-scam-73778/
Cambodian PM to visit S. Korea next week
Cambodian Prime Minister Hun Sen plans to visit Seoul next week for talks with South Korean President Park Geun-hye on furthering their economic partnership, Park’s office said Friday. The two leaders are set to hold talks on Saturday on how to boost bilateral cooperation in such ...
The Korea Herald News Staff
http://www.koreaherald.com/view.php?ud=20141205000401
Cambodia's rice exports reach over 335,000 tonnes in 11 months
Cambodia exported 335,925 tonnes of rice in the first 11 months of the year, up from 332,009 tonnes in the same period last year. ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1090939
Borey 999 investors anxious
The news that tycoon Thong Sarath is wanted for questioning over the murder businessman Ung Meng Cheu, has sent a wave of nervousness through investors who have money tied up with the fugitive property developer. A cabinet deputy chief at the Ministry of Defence, Sarath ...
Sum Manet and Hin Pisei
http://phnompenhpost.com/business/borey-999-investors-anxious
Shukaku pushes forward at Boeung Kak
Local developer Shukaku will step up construction of its controversial Boeung Kak lake development project this month, beginning work on a drainage system and corporate office, a spokeswoman told the Post yesterday. An updated master plan of Shukaku’s Phnom Penh City Centre project – an ...
Shane Worrell and Mom Kunthear
http://phnompenhpost.com/national/shukaku-pushes-forward-boeung-kak
Tally of goods linked to child labour grows
Four more goods made in Cambodia have been linked to exploitative child labour, adding to a mounting list of items the United States considers to be produced in violation of international rights laws. The mounting number of Cambodian goods found to use child labour runs ...
Laignee Barron
http://phnompenhpost.com/national/tally-goods-linked-child-labour-grows
Cambodian students win out on ASEAN stock markets
Despite the Cambodian Stock Exchange (CSX) getting off to a sluggish start over the past three years, local university students are seemingly already on the way to becoming good stock-pickers. The winners, two students from Zaman University who went by the team name of Dark ...
Eddie Morton
http://phnompenhpost.com/business/cambodian-students-win-out-asean-stock-markets
Experts, Asia-Pacific ministers to discuss rural development in Cambodia
Some 200 agricultural development experts and government ministers from across Asia and the Pacific gathered here on Tuesday to discuss plans to transform rural areas in the region. The 2-day workshop on transforming rural areas in Asia and the Pacific was jointly organized by the Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-12/02/c_133827784.htm
BCD Travel picks Tonle Travel as partner for Cambodia foray
BCD Travel is venturing into Cambodia by tying up with Tonle Travel, a local corporate travel and inbound tour specialist with whom it has already enjoyed a working relationship of more than four years. ...
TTG Asia News Staff
http://ttgasia.com/article.php?article_id=24263
Japan bank to join hands with Cambodia
Japanese regional bank Shiga Bank said that it will join hands with major Cambodian bank Canadia Bank Plc by the end of the month to gain access to economic information in the Southeast Asian country to provide to Japanese companies. It will be the first partnership ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/446702/japan-bank-to-form-tie-up-with-cambodia-bank
Cambodia exports over 330,000 tons rice in 11 months
Cambodia exported 335,925 tons of rice in the first 11 months of 2014, up from 332,009 tons shipped in the same period last year, according to a report of Secretariat of One Window Service for Rice Export Formality on Tuesday. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodia-exports-over-330000-tons-rice-in-11-months-7773