News
AEON tenants target Cambodia’s middle class
An ice-skating rink, bowling alley, seven-screen cinema and a proverbial catwalk of high-end European and US labels will start vying for a slice of Cambodia’s rising middle class inside the soon-to-open AEON Mall, management with the firm overseeing it confirmed on Saturday. The Japanese-owned shopping centre’s ...
Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/aeon-tenants-target-cambodia%E2%80%99s-middle-class
Cambodia's foreign trade up 15% amid ongoing political row
Cambodia’s trade volume with foreign countries has increased by 15 percent in the first quarter of 2014 even though the internal conflict between the ruling and opposition parties over July election results remains unsolved. The figures of the Commerce Ministry showed Tuesday that the Southeast Asian ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=213997
Cambodian mangoes ship off to China
Agriculture tycoon Mong Reththy yesterday confirmed a second shipment of Koe Romeat mangoes, twice the size of the first, will be headed for China this week from his Preah Sihanouk plantation. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodian-mangoes-ship-china
Japan provides US$11 mln for maternal and child health project
Japan provides US$11.5 million in grand aids to Cambodia for the implementation of the Project for Expansion of National Maternal and Child Health Center. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=NWUxNDNlOTcxMjE
Japan to grant 11.7 mln USD to Cambodia for health development
The Japanese government will sign up to provide 11.7 million U.S. dollars to Cambodia next week to help the country in its health sector development, according to a news statement from the Cambodian Ministry of Foreign Affairs on Tuesday. ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=207263
Solar move at PPWSA to cut costs
The Phnom Penh Water Supply Authority (PPWSA) installed a solar power generation system last week in an effort to reduce electricity bills by about $200,000 a year. The solar power system, which was funded by the Japanese government, was installed at the PPWSA’s water treatment facility ...
Hor Kimsay
http://www.phnompenhpost.com/business/solar-move-ppwsa-cut-costs
Japan’s small, medium companies see business opportunity in Cambodia
Many small and medium companies of Japan are showing their interest in doing business in Cambodia, according to an assistant of Prime Minister Hun Sen. 99 percent of Japanese small and medium companies are interested in investing in Asia, especially in Cambodia, which is located ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmRkYzBiYWVjZWR
Cambodia considers giving visa for Japanese on airplane
Cambodian Prime Minister Hun Sen said Tuesday his government wants to make it easier for Japanese travelers to visit Cambodia by introducing in-flight processing of tourist visas. Speaking at a government forum with private sectors in Phnom Penh, Hun Sen said the original idea from the ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140304/cambodia-considers-giving-visa-japanese-airplane
Japan diversifies Cambodia investments
While more Japanese companies are flocking to Cambodia for investments in recent years, they are more diversified, ranging from restaurants to manufacturing industries and electronics. Yoshihito Katsuo, first secretary in charge of trade at the Japanese embassy in Phnom Penh, told Kyodo News on Friday that ...
Bangkok Post News Staff
http://www.bangkokpost.com/breakingnews/396322/japanese-firms-diversify-investments-in-cambodia
Japan-Cambodia cultural festival begins tonight
During the 10th annual Japan-Cambodia Kizuna Festival, the focus will be on the “kizuna,” or bond in Japanese, between the two countries. The opening ceremony begins at 6 p.m. tonight, and the festival runs until Sunday evening. Admission is free, and more than 10,000 people are ...
Emily Wilkins
http://www.cambodiadaily.com/news/japan-cambodia-cultural-festival-begins-tonight-52722/
Japan, U.S. to help empower women in Cambodia, Myanmar
The Japanese and U.S. governments are set to launch a joint project to help empower women in developing countries in Asia, including Cambodia and Myanmar, as well as Africa, officials of both governments said Saturday. The two governments came up with the project as both Prime ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140209/japan-us-help-empower-women-cambodia-myanmar
US willing to further strengthen relations with Cambodia
Scot Marciel, visiting Principal Deputy Assistant to the U.S. Secretary of State for East Asian and Pacific Affairs met with Deputy Prime Minister Hor Namhong, Minister of Foreign Affairs of Cambodia yesterday with an aim to further strengthen relations between the two countries, Koy Kuong, ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDkxYjZjMmJiMjh
PAL urged not to pursue deal to form Cambodia Airlines
Flag carrier Philippine Airlines (PAL) is said to be better off not pursuing a deal with Royal Group of Cambodia (RGC) to form Cambodia Airlines Co. Ltd., saying there are other “bigger priorities” for the flag carrier. CAPA said the Cambodia-Philippines is a small market, ...
Lenie Lectura
http://www.abs-cbnnews.com/business/02/04/14/pal-urged-not-pursue-deal-form-cambodia-airlines
Survey seeks info on Cambodian business health
Starting later this month, 10,000 small and medium-sized businesses will be queried as part of a Japanese government-backed economic census intended to take a snapshot of activity across the private sector. Beginning on February 23 and running through to March 31, Cambodia’s National Institute of Statistics ...
Eddie Morton
http://www.phnompenhpost.com/business/survey-seeks-info-cambodian-business-health
Direct Japan flights set to take off later in year: PM
Japan will introduce direct flights to and from Cambodia this year in an effort to bolster trade, investment and tourism between the two nations, Prime Minister Hun Sen said on Friday. Hun Sen announced the plan at a meeting with a delegation led by Hideo ...
May Kunmakara
http://www.phnompenhpost.com/business/direct-japan-flights-set-take-later-year-pm
CMAC eyes budget bump of $13 million
The Cambodian Mine Action Centre (CMAC) is looking to increase its annual budget to $33 million this year amid a need to upgrade its life-saving equipment, an official said yesterday. Approximately $10 million has already been raised, according to CMAC director Heng Ratana, who expressed confidence ...
Amelia Woodside
http://www.phnompenhpost.com/national/cmac-eyes-budget-bump-13-million
Prime Minister Hun Sen: Cambodia to have direct flight from Japan in six months
Prime Minister Hun Sen of Cambodia believes that within 6 months, Cambodia will have direct flight from Japan, which will help promote tourism and investment in the Kingdom. The Premier made such comment January 31 during his meeting with Delegates of World Tourism led by Mr. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=Mjc2MTVkMDkxMzU
Made here, owned there
At the end of a well-paved road just past the city’s airport sits a cluster of factories. Each one is barely discernible from the next – grey concrete walls and blue aluminium roofs. But one factory in the lot, MAG (Cambodia), is different. In a country ...
Daniel de Carteret
http://www.phnompenhpost.com/business/made-here-owned-there
Poipet to see new economic zone
Japanese investors will put $56 million into a joint venture with local company Sanco Investment Group (SIG) to build a new special economic zone in Banteay Meanchey province’s Poipet town, officials said yesterday. Chhour Vichet, executive director of SIG, said Thailand’s labour shortage, Cambodia’s ongoing political ...
May Kunmakara
http://www.phnompenhpost.com/business/poipet-see-new-economic-zone
Cambodian garment export earns 5.53 bln USD in 2013
Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm
Risk-averse Japanese investing more in Phnom Penh condos
In the course of a city’s development, especially a capital city, certain events serve as mile markers, raising their profile both regionally and globally. Few understand the changing views of Japanese investors toward Cambodia better than the upper management of boutique real estate consultancy AnnaCam ...
Chris Horton
http://www.phnompenhpost.com/real-estate/risk-averse-japanese-investing-more-phnom-penh-condos
Chinese investment in Cambodia up in 2013
Cambodia had attracted some $427 million of investment from China last year, up 62 percent compared with the $263 million in a year earlier, according to a report by the Council for the Development of Cambodia (CDC). The cumulative Chinese investment in Cambodia has totaled $9.6 ...
Global Times News Staff
http://www.globaltimes.cn/content/838148.shtml#.Utx56xD-LIU
Slow year for Japanese investment
The Japanese embassy is reporting a $280 million drop in Japanese investment last year, but officials were quick to say that the numbers don’t necessarily reflect slumping investor confidence in Cambodia. Japanese investment in the Kingdom reached about $47.5 million in 2013, compared to $328 million ...
Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/slow-year-japanese-investment
SMBC To Reinforce Biz Cooperation In Cambodia, S.Africa
Megabank Sumitomo Mitsui Banking Corp. said Tuesday that it will boost business collaboration with Acleda Bank, Cambodia’s leading commercial bank, and Absa Bank in South Africa, Japan’s Jiji Press reported. The Sumitomo Mitsui Financial Group Inc. unit said it has dispatched a staff member to a ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1007470