News

Exports to Japan bucking the trend

Cambodia’s exports to Japan dramatically increased during in the first quarter of 2015, bucking the trend of fellow ASEAN member states who all saw a decline in shipments to Japan over the same period. ...

May Kunmakara
http://www.phnompenhpost.com/business/exports-japan-bucking-trend

Japanese firms look to expand

Japanese companies in the Kingdom are looking at expanding local operations as business confidence for 2015 is expected to rise on account of higher projected sales and operating profits, according to a survey conducted by the Japanese External Trade Organization. The survey, which looked at Japanese ...

Hor Kimsay
http://www.phnompenhpost.com/japanese-firms-look-expand

Funding ‘not misused’

During a defence of his 30-year legacy on Wednesday, Prime Minister Hun Sen also took pains to extricate the nation’s newest, longest and most expensive bridge from corruption allegations. ...

Laignee Barron
http://www.phnompenhpost.com/national/funding-not-misused

Cambodian King flies to Japan for World Buddhist Summit

Cambodian King Norodom Sihamoni left here on Monday for Japan to attend the opening ceremony of the 6th World Buddhist Summit. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-12/08/c_133839828.htm

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

Hitachi looks to set up SEZ in Kandal province

Japanese conglomerate Hitachi on Wednesday signed a memorandum of understanding with three major companies to conduct a feasibility study on the potential development of a new special economic zone (SEZ) in Kandal province, said the CEO of one of the signatories. ...

Kang Sothear
http://www.cambodiadaily.com/business/hitachi-looks-to-set-up-sez-in-kandal-province-72712/

Cambodia, Japan trade up

Cambodia is quickly becoming a hub for Japanese exports, according to the latest figures from the Japan External Trade Agency, JETRO. The state-run agency’s latest trade figures show Cambodia exported more than $584 million worth of locally made products to Japan over the first nine months ...

Hor Kimsay
http://phnompenhpost.com/business/cambodia-japan-trade

Cambodia imports vehicles worth 554 mln USD in 9 months

Cambodia spent 554 million U.S. dollars to purchase automobiles and motorcycles from foreign countries in the first nine months of this year, up 85 percent from 299 million U.S. dollars a year earlier, according to the Commerce Ministry Friday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/31/c_133756588.htm

Value chain in decline: WTO

Cambodia is one of only two economies worldwide to have declined in global value chain (GVC) participation since 1995, according to the World Trade Organization’s latest study. The WTO’s World Trade Report 2014, released Monday, shows Cambodia’s overall percentage of GVC participation – one country’s contribution ...

Eddie Morton
http://phnompenhpost.com/business/value-chain-decline-wto

Japanese follow-up team arrives in Cambodia

A group of Japanese experts arrived in Cambodia Tuesday for a two-day visit as a follow-up team regarding the needs survey implemented last May for electoral reform assistance to Cambodia. The team was led by Mr. Tadayuki MIYASHITA, Director, Country Assistance Planning Division I, International ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/japanese-follow-up-team-arrives-in-cambodia-7516

Chinese squeeze out tour groups in Siem Reap

Japanese and Korean tourists are being turned away from hotels in Siem Reap City due to an increase in bookings by Chinese visitors, Tourism Minister Thong Khon said on Wednesday. Speaking at the tourism industry’s three-day expo on Phnom Penh’s Koh Pich island on Wednesday, Mr. ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/chinese-squeeze-out-tour-groups-in%E2%80%88siem-reap-69544/

New airline begins domestic flights in Cambodia

Apsara International Air, jointly owned by Chinese and Cambodian investors, on Wednesday started to operate daily domestic flights from the Cambodian capital to the tourist resort of Siem Reap. The airline operates with an Airbus-320 aircraft. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/08/c_133699903.htm

Japanese parliamentary delegation visits Cambodia to strengthen ties

A Japanese parliamentary delegation, led by Azuma Koshiishi, vice president of the House of Councilors, is visiting Cambodia to strengthen and expand bilateral ties and cooperation. Speaking during a meeting with Heng Samrin, president of the Cambodian National Assembly, on Friday, Koshiishi said it was his ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/22/c_133576940.htm

IFC sells stake in Cambodia's commercial bank to Japanese bank

The International Finance Corporation (IFC), a member of the World Bank Group, has sold its 12.25 percent stake in Acleda bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) in an undisclosed amount after having supported Acleda for over 15 years, said an IFC news statement ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=235929

Boost for Cambodia’s tourism

Cambodia’s Prime Minister, Hun Sen, says Asia Atlantic Airlines’ upcoming flights that will connect Thailand, Cambodia and Japan will benefit the country’s tourism industry. The airline will fly from Thailand’s Suvarnabhumi Airport and stop in Phnom Penh before flying to Toyko’ Narita, with full traffic rights. The ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/07/boost-for-cambodias-tourism/

Cambodia denies backing Japan's plan to enhance military role

Cambodia vehemently denied that it has supported Japan‘s plan to enhance its military role, according to a statement released by the Ministry of Foreign Affairs on Tuesday. “The spokesperson of the Ministry of Foreign Affairs and International Cooperation wishes to strongly reject the recent publications of Kyodo ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/01/c_133451532.htm

Cambodian, Japanese FMs discuss bilateral ties, regional issues

Cambodian Foreign Minister Hor Namhong met with his visiting Japanese counterpart Fumio Kishida on Monday morning, discussing ways to deepen bilateral ties and exchanging views on regional issues.     “We agreed on many issues to further enhance bilateral ties and cooperation,” Hor Namhong said at a joint ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=227148

Cambodia backs enhanced security role for Japan

Cambodian Foreign Minister Hor Namhong expressed support Monday for Japan’s plan to give its Self-Defense Forces a greater role to contribute to global peace and stability, Japanese Foreign Minister Fumio Kishida said after meeting with his counterpart in Phnom Penh. Japanese Prime Minister Shinzo Abe plans ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140630/cambodia-backs-enhanced-security-role-japan

Cambodia reports 1.14 bln USD trade deficit in 1st five months

Cambodia recorded a trade deficit of 1.14 billion U.S. dollars in the first five months of 2014, a latest report by the Ministry of Commerce showed Wednesday. Total trade value jumped to 7.32 billion U.S. dollars during the January-May period this year, an increase of 17 ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=226339

New registered businesses increase by 33 percent

The number of newly registered businesses in Cambodia increased 33 percent between January and June this year compared to the same time period last year, according to the latest figures from the Ministry of Commerce released Tuesday. The total number of new businesses increased from 1,401 ...

Kang Sothear
http://www.cambodiadaily.com/business/new-registered-businesses-increase-by-33-percent-62376/

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