News

Cambodia's largest port sees 14 pct rise in cargo shipment in 5 months

The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...

http://news.xinhuanet.com/english/business/2013-06/12/c_132450037.htm

British Minister kicks off SE Asia tour in Cambodia

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ

Japan’s commerce with Cambodia up

Bilateral trade volume between Cambodia and Japan amounted to $641 million last year, up 25 percent compared with $512 million a year earlier, a report by the Japan External Trade Organization showed Thursday. On the investment side, Japanese firms have begun to focus their ...

http://www.globaltimes.cn/content/760900.shtml

Cambodia-U.S. trade reaches 2.2 bln USD in 9 months, up 2 pct

The bilateral C volume between Cambodia and the United States reached 2.2 billion U.S. dollars in the first nine months of this year, a 2 percent rise compared with 2.15 billion U.S. dollars at the same period last year, according to the statistics of the ...

http://news.xinhuanet.com/english/business/2012-11/19/c_131984263.htm

Trade with Thailand increases

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html

Mysterious excavators cleared protected area

Kampong Thom provincial authorities have confiscated more than two dozen dirt excavators in Stoung district over the past week after the machinery had been allegedly used to dig up land for development in a protected area used primarily for breeding fish. Hang Thol, a military police ...

http://www.phnompenhpost.com/index.php/2012070357165/National-news/excavators-cleared-protected-area.html

Rice Farmers Struggle Despite Production Growth

High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...

Cambodia, Japan Trade Volume Reaches $513 Million In 2011

“Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan’s exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...

http://thesoutheastasiaweekly.com/

More Chinese firms weigh local investment

Six companies from China’s Guangzhou city and Guangxi province met with Kim Sithan, Cambodia’s secretary of state at the Ministry of Commerce, yesterday to discuss investment in the country Heavy machinery, fertiliser and chemical companies expressed interest in Cambodia’s agricultural sector ...

http://www.phnompenhpost.com/index.php/2012052556376/Business/more-chinese-firms-weigh-local-investment.html

South Korean manufacturers eye Cambodia

South Korean investors were in Phnom Penh yesterday seeking opportunities in electronics manufacturing, an industry that experts have said could represent the next stage of growth for Cambodia’s economy. Eleven delegates from Changwon City, South Korea, a manufacturing hub in the country, met with 70 local ...

http://www.phnompenhpost.com/index.php/2011110352506/Business/south-korean-manufacturers-eye-cambodia.html

Cambodia and UK trade surges in 2011

Bilateral trade between Cambodia and the United Kingdom increased more than 55% year-on-year during the first six months of 2011, according to the British Embassy in Phnom Penh. Total trade between January and June equalled US$247.2 million, up from $159.3 million during the same period in ...

http://www.phnompenhpost.com/index.php/2011091451620/Business/cambodia-and-uk-trade-surges-in-2011.html

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 ...

Economic Census Sheds Light on Businesses

The Ministry of Planning yesterday released the preliminary results of the 2011 economic census, which found that Cambodia has a total of 503,008 businesses nationwide, of which nearly 20 percent are based in Phnom Penh. The census, which began on March 1 and was financed ...

Plans Name Developer of Sisowath Quay Site

Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...

Court issues injunction to top rice milling firm

Battambang provincial court has issued an injunction halting the sale of any part of Loran Import Export Company in a dispute over ownership of the prominent rice milling firm, according to a statement. The plaintiffs, including prominent media personality Soy Sopheap as well as Uy Ang ...

http://www.phnompenhpost.com/index.php/2011072750652/Business/court-issues-injunction-to-top-rice-milling-firm.html

Machinery Imports Soar Through First Six Months

Sihanoukville Autonomous Port has seen an increase of 520 percent in the amount of construction machinery being imported. According to Chea Sambath, director of the port’s planning and statistics department, the increase is as a result of the increased investment in roads, hydropower dams and ...

Villagers Block Rubber Company From Forest

60 villagers in Svay Rieng province demonstrated to prevent the Mittapheap Rubber Company from moving its machinery into the area. The company has plans to clear 500 hectares of land in what the villagers claim is their protected community forest. Adhoc is investigating the claims ...

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