News

Chinese firms seek investments in coconut farming in Cambodia

A group of investors from the Chinese province of Hainan is now in the Kingdom exploring opportunities in coconut farming. The delegation met yesterday with Minister of Agriculture Veng Sakhon in Phnom Penh to discuss the coconut sector in the Kingdom and announce their intention ...

Chea Vannak
https://www.khmertimeskh.com/50667072/chinese-firms-seek-investments-in-coconut-farming-in-cambodia/

Chinese firms set to invest in car assembly, fertiliser plants

Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week. The delegation was led by Shandong provincial vice-governor Wang Shujian, who met ...

Post Staff
https://www.phnompenhpost.com/business/chinese-firms-set-invest-car-assembly-fertiliser-plants

Gov’t studies new tree species

The Ministry of Environment signed a memorandum of understanding (MoU) yesterday with two Chinese companies to study planting “Paulownia-Guotong” – an extremely fast-growing tree used to make furniture and wooden equipment – and practice growing it in Cambodia. Speaking at a workshop on a feasibility ...

Ven Rathavong
http://www.khmertimeskh.com/news/30205/gov---t-studies-new-tree-species/

‘Thinnest’ smartphone is set for debut in Cambodia

Two days after Huawei introduced the world’s thinnest smartphone in London and Singapore, the Cambodian representative office of the China-based company announced that the sleek device would be sold in the Kingdom in July. While the Chinese telecom giant hopes to increase its market share of ...

http://www.phnompenhpost.com/2013062466435/Business/thinnest-smartphone-is-set-for-debut-in-cambodia.html

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Villagers Protest Eviction by Chinese Company

More than 100 villagers living on a 20-hectare swath of a rubber plantation in Ratanakkirri province gathered outside O’Chum commune hall yesterday to protest their eviction at the hands of a Chinese company, local officials and rights activists said. About 120 families from Trang Churng Village ...

http://www.cambodiadaily.com/

Chinese Firms Foresee Industrial Hub in Preah Vihear

Preah Vihear province – The residents of this sleepy district, on the edge of the Boeng Per Wildlife Sanctuary, grow rice, cassava and cashew nuts. But in a few short years, Chinese investors envisage that Rovieng will be rapidly transformed into an industrial town. ...

http://www.cambodiadaily.com/selected-features/chinese-firms-foresee-industrial-hub-in-preah-vihear-14132/

Investment Or Imperialism? Tracking China's Big Ambitions In Cambodia

A few years ago this scene would have played out in China. More specifically, it would have played out in a Chinese coastal region to which millions of rural folks had arrived looking for work. A huge hangar, piles of fabrics of all colors at both ...

http://www.worldcrunch.com/business-finance/investment-or-imperialism-tracking-china-039-s-big-ambitions-in-cambodia/cambodia-china-investment-corruption-development/c2s10857/#.URRx2PLEPXQ

China's Aid to Cambodia Helps Cement Ties

When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...

Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html

Don't Envy the Chinese, Gov't Tells Europe

The commerce minister yesterday urged European businesspeople in Phnom Penh to invest more in Cambodia and not to envy the Chinese firms now dominating the foreign investment scene. Speaking at the gathering of the European Chamber of Commerce in Cambodia, Minister of Trade and Commerce Cham ...

Banks Look to Offer Services Using Renminbi

Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...

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