News

A Year On, Cambodia’s Role as Asean Chairman a Bitter Memory

Resentment is still simmering toward Cambodia for its handling of the contentions South China Sea issue last year, which fractured the unity of Asean, analysts from around the region said Thursday. During the first day of a two-day regional conference in Phnom Penh organized by the ...

Hul Reaksmey and Dene-Hern Chen
http://www.cambodiadaily.com/news/a-year-on-cambodias-role-as-asean-chairman-a-bitter-memory-42812/

Cambodia's rice exports up 107 pct in 8 months

Cambodia has seen a remarkable rise in the exports of milled rice in the first eight months of the year due to increasing demand on international markets, official figures showed Wednesday. The data, from the single window secretariat for facilitating milled rice exports, recorded that the ...

Xinhuanet News Staf
http://news.xinhuanet.com/english/world/2013-09/18/c_132731824.htm

Cambodians traveling abroad increased by 11.9 percent

There were 509,050 Cambodians traveling abroad in the first seven months of 2013, an increase of 11.9 percent compared to the 455,017 travelers over the same period last year, according to a report by the Ministry of Tourism. Most of them visited Thailand, Vietnam, Singapore, Malaysia ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ODJhOTBlZDgxNWU

A rare delicacy hard to sell

Ou Seathong sells one of the most expensive foods in the world: edible bird spit. At her shop on Street 182 in Phnom Penh, she sorts edible bird nests on the shelves. Hundreds of years old, the Chinese delicacy is made of the congealed saliva ...

Rann Reuy
http://www.phnompenhpost.com/business/rare-delicacy-hard-sell

Cambodia expects double growth in rice exports this year: minister

Cambodia was expected to export as much as 400,000 tons of milled rice in 2013 thanks to rising demand on international markets and the country’s efforts in developing rice industry, Agriculture Minister Chan Sarun said Tuesday. “We project that Cambodia can export up to 400,000 tons ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-08/27/c_132667860.htm

Study charts AIDS progress

Cambodia’s decline in HIV/AIDS mortalities has made it a regional anomaly, according to a new study published today by a global health research centre at the University of Washington. While HIV/AIDS remains a leading cause of disease burden in Malaysia, Myanmar, Thailand and Vietnam, and mortality ...

http://www.phnompenhpost.com/national/study-charts-aids-progress

Malaysia's Dataprep considers presence in Cambodia

Malaysian information technology service provider Dataprep Holdings Bhd is considering establishing a presence in Cambodia, the Malaysian Reserve reported Monday. “We are currently looking at increasing our presence in Indochina, ASEAN and China,” chief executive Ahmad Rizan Ibrahim was quoted as telling reporters Friday. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjViNjdmMjg5ZTc

Cambodia dispacthes 11,940 laborers abroad in first 6 months

Cambodia has sent about 11,940 laborers overseas in the first six months of this year, down 29 percent from 16,900 it sent over the same period last year, the figures of the Ministry of Labor showed Tuesday. In January to June period this year, the country ...

http://news.xinhuanet.com/english/world/2013-08/13/c_132627422.htm

Mortgage loans see extension

CIMB Bank announced over the weekend that it will enlarge mortgage loans provided to clients, going from 70 per cent last year to 80 per cent financing of the total purchase price of properties for 2013. Heng Thida, head of retail financial services for the Malaysia-based ...

http://The Phnom Penh Post

Cambodia, Vietnam seen boosting medical tourism offerings

Cambodia and Vietnam are enhancing their medical tourism offerings, the International Medical Tourism Journal reported Friday. “In medical tourism, Southeast Asia is a key and fast advancing market. Cambodia and Vietnam now want a share of the action that Singapore, Thailand and Malaysia have,” the journal ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjgwOGQwMjBkMzA

Hyundai’s Cambodia plans

After two years of assembling Hyundai vehicles in Cambodia for the domestic market, South Korea-based Hyundai Motor Company is increasing its production to meet rising demand, aiming to reach 800 units in 2013, a company’s representative said. Located in the Koh Kong Special Economic Zone, ...

http://www.phnompenhpost.com/business/hyundai%E2%80%99s-cambodia-plans

Cambodia organizes int'l industrial machinery, garment exhibition

The 3rd international industrial machinery and garment fair kicked off at Cambodian capital’s Diamond Island Exhibition Center on Thursday with the participation of about 240 exhibitors from 16 countries and regions. A variety of industrial machinery for the production of textile and garment, footwear, plastics ...

http://news.xinhuanet.com/english/business/2013-08/08/c_132613974.htm

Malaysian firms urged to venture into Cambodia's agri sector

Malaysian companies have been urged to venture into Cambodia’s agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, ...

http://www.nst.com.my/latest/malaysian-firms-urged-to-venture-into-cambodia-s-agri-sector-1.334244

Baby milk recalled in Cambodia

Potentially contaminated infant milk powder that had been banned in China, Russia and Vietnam is now being recalled in Cambodia. The Cambodian distributor of a milk powder product that uses a suspect ingredient from New Zealand dairy giant Fonterra is recalling thousands of units as a ...

http://www.phnompenhpost.com/business/baby-milk-recalled-cambodia

Revenues up at mail service, but not locally

Revenue at the Cambodia Post (CP), the country’s mail service provider, rose nearly $2 million in the first half of this year, a 10 per cent increase compared to the same period in 2012. But the service still handles mostly international shipments, and is failing ...

http://www.phnompenhpost.com/business/revenues-mail-service-not-locally

Malaysian motos to enter market

Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...

http://www.phnompenhpost.com/business/malaysian-motos-enter-market

Cambodia's rubber exports up 29 pct in 5 months

Cambodia reported a 29 percent rise in dry rubber exports in the first five months of 2013, but revenues from the exports rose only 4 percent due to price decline in international markets. Currently, the country has about 300,000 hectares of rubber trees, according to ...

http://www.asean-china-center.org/english/2013-07/19/c_132556398.htm#

Asian garment industry to undergo further segmentation

The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...

http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm

Cambodia records 1.32 bln USD trade deficit in H1

Cambodia saw a trade deficit of 1.32 billion U.S. dollars in the first six months of this year, according to a Commerce Ministry’s report on Thursday. The country’s total imports and exports were valued at 7.62 billion U.S. dollars during the period, up 20 percent from ...

http://news.xinhuanet.com/english/business/2013-07/11/c_132533088.htm

Cambodia's rice exports up 125 pct in first half of 2013

Cambodia has seen a sharp rise in the exports of milled rice in the first six months of this year thanks to increasing demand on international markets, an official said Wednesday. The figures, from the single window secretariat for facilitating milled rice exports, showed that the ...

http://news.xinhuanet.com/english/business/2013-07/10/c_132529640.htm

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