News

National Bank of Cambodia looks at local yuan role

Bank of China is in negotiations with Cambodia’s central bank on the promotion of business transactions in Chinese yuan. The official talks reflect rapid trade growth between the two countries at a time when several commercial banks in Cambodia have launched yuan remittance and trade-settlement products. The ...

http://www.phnompenhpost.com/index.php/2012080657819/Business/national-bank-of-cambodia-looks-at-local-yuan-role.html

Cambodia's garment export reaches 2.1 bln USD in H1, up 9 pct

Cambodia had exported garment and textile products in equivalent to 2.1 billion U.S. dollars in the first six months of 2012, up 9 percent from 1.93 billion U.S. dollars in the same period last year, a report from the Commerce Ministry showed on Monday. ...

http://news.xinhuanet.com/english/business/2012-07/23/c_131732434.htm

Police seize luxury wood in house raid

About 2,000 kilograms of Kran-houng luxury timber worth tens of thousands of dollars and a Toyota Camry car were seized by authorities in Oddar Meanchey province’s Anlong Veng district on Wednesday, military police said yesterday. ...

http://www.phnompenhpost.com/index.php/2012072057533/National-news/suspects-on-run-police-seize-luxury-wood-in-house-raid.html

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