News

Cambodia unveils 1st home-made cars

Cambodia’s Heng Development Company on Monday unveiled the first-ever electric-powered cars manufactured by its factory in Kandal province. The show was made after the firm has completed the construction of a 20 million U.S. dollar car manufacturing plant branded ” Angkor” in Kandal province’s Takhmao district. Speaking ...

http://news.xinhuanet.com/english/world/2013-01/07/c_132085823.htm

Kathmandu listed in Top10 places to visit in 2013

Worldwide renowned travel advisory website–the tripadvisor.com–has listed Nepali capital Kathmandu in its top 10 best places to visit in Asia. While Siem Reap of Cambodia topped the chart, China’s Beijing and Shanghai cities hold the respective second and third best places to travel in the ...

http://news.xinhuanet.com/english/travel/2013-01/07/c_132085140.htm

MFI launches 15 ATMs in Cambodia

Hattha Kasekar Limited (HKL), one of Cambodia’s largest microfinance institutions (MFI), plans to install 15 ATM machines to service its increasing number of depositors. It becomes the second MFI after Prasac in Cambodia to provide this service to its clients. ...

http://www.phnompenhpost.com/2012122760495/Business/mfi-launches-15-atms-in-cambodia.html

Car sales sharply rise in Cambodia in 2012 due to strong economic growth

Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. “We sold about 800 units this year, up from 500 units last year, “Kong Nuon, president of ...

http://news.xinhuanet.com/english/business/2012-12/24/c_132060341.htm

Printing industry growing in the region

The printing industry, especially for packaging, is growing in Cambodia and the region, participants at a trade event in Phnom Penh said on Monday. “It has certainly developed, the demand is slowly rising,” Karen Prager, business unit manager at Rieckermann Cambodia, told the Post. The Drupa ...

http://www.phnompenhpost.com/index.php/2012111559747/Business/printing-industry-growing-in-the-region.html

German airline Condor launches direct flight to Cambodia

The German airline Condor Air launched its first direct flight from Frankfurt to Cambodia’s Siem Reap province famous for its world heritage site on Saturday morning. Landing at the Siem Reap International Airport, the aircraft was cordially greeted by Cambodian government officials including Mao Havannall, secretary ...

http://www.nzweek.com/business/german-airline-condor-launches-direct-flight-to-cambodia-20833/

Global Media Conference Yields Ideas for Cambodian Internet

Keo Kounila is Cambodian blogger who recently attend the Deutsche Welle Global Media Forum in Bonn, Germany. After meeting amid some 1,500 participants, she told VOA Khmer she had garnered new ideas to help develop Cambodia, including organizing seminars to help university students make better use ...

http://www.voanews.com/khmer-english/news/Global-Media-Conference-Yields-Ideas-for-Cambodian-Internet-160691415.html

Germany, Cambodia cement stronger investment, and tourism relations

Hermann Otto Solms, vice president of the German Bundestag, the lower house of parliament, Monday pledged to encourage German investors and tourists to Cambodia in order to cement the bi-lateral ties. Hermann made his remarks during a meeting with Cambodian Prime Minister Hun Sen at the ...

http://www.livetradingnews.com/germany-cambodia-cement-stronger-investment-and-tourism-relations-75348.htm#.T-cPdWBREXx

Cedac to Export Rice to Germany Next Month

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday it would begin exporting organic rice to Europe in June for the first time as part of a one-year agreement with a German-based equitable trade organization. “We’re looking to break more into the international ...

Farming group to quadruple organic production

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday that it plans to raise its annual production of organic vegetables from 120 tons to 600 tons by the end of 2015. Lim Sokun Darun, program coordinator at Cedac, said that the decision to ...

Competitiveness Improves

The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...

http://www.bworldonline.com/content.php?section=TopStory&title=Competitiveness-improves&id=37920

Country’s Buyers Discuss Faintings, Union Law

Multiple government ministries and the International Labor organization will form a group to investigate the mass fainting that have plagued Cambodia’s garment industry over the past several months, Commerce Minister Cham Prasidh said yesterday. There have been at least 15 mass fainting since the beginning ...

Machinery Manufacturers Tap Garment Sector

More than 150 companies from China, Taiwan, Singapore, Vietnam, Malaysia, as well as Germany and England on Thursday set up shop at the exhibition center on Phnom Penh’s Koh Pich island, displaying everything from $900 labeling machines to sewing machines worth $56,000 that automatically attach ...

Government Awards Land Reform Organizations

Representatives from German, Finnish and Canadian development agencies were awarded honorary medals by Minister of Land Management Im Chhun Lim on Wednesday for their work in the country’s land sector. The awards ceremony comes just weeks after it emerged that the World Bank had frozen ...

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