News

EU Fish Ban Blamed on Cambodian-Flagged Vessels

A ban on imports of Cambodian seafood proposed by the European Commission (E.C.) is in direct response to Cambodian-flagged vessels complicit in illegal fishing in international waters, Jean-Francois Cautain, European Union (E.U.) ambassador to Cambodia, said Wednesday. The E.C. on Tuesday announced that Cambodia was “non-cooperating ...

Denise Hruby
http://www.cambodiadaily.com/news/eu-fish-ban-blamed-on-cambodian-flagged-vessels-48065/

Myanmar Airways flights to Cambodia to take off again

Myanmar Airways International (MAI) will resume its regular flights between Yangon and Cambodia’s two main international airports in early December after they were suspended for about three months. MAI started a twice-weekly schedule to Siem Reap in late February, but suspended the route over the last ...

http://www.phnompenhpost.com/index.php/2012111559748/Business/myanmar-airways-flights-to-cambodia-to-take-off-again.html

Industry Sector

The real growth rate of the industry sector has been revised downwardly by half a percentage point against the previous estimate to 8.8 percent year-on-year in 2012. A scaling down of the growth estimate of the textile and garment sub sector, as a result of persistently weaker demand in the European and US ...

http://www.etmcambodia.com/

Maersk sees a slowing EU

The Cambodia representative for the world’s largest shipping company said exports from Cambodia to Europe grew by more than 60 per cent during 2011, but have since weakened. “Rice exports grew a lot during 2011 and a lot of it went to Poland and France,” ...

Stuart Alan Becker, P. 9
http://www.phnompenhpost.com/index.php/2012050856019/Business/maersk-sees-a-slowing-eu.html

Port will transfer bulk of capacity to Kandal

The Phnom Penh Autonomous Port will transfer 75 per cent of its loading capacity to a new location at Kandal  to better handle the increased shipments passing through the capital, according to PPAP officials. The PPAP had received US$68 mill-ion in financing from the Chinese ...

http://www.phnompenhpost.com/index.php/2011090651475/Business/port-will-transfer-bulk-of-capacity-to-kandal.html

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