News

Logistics committee to be established

To help improve the logistics sector, the Ministry of Public Works and Transportation has announced it will set up the Logistics Committee, which will work to improve the flow of goods in the Kingdom. ...

Chea Vannak
http://www.khmertimeskh.com/news/24801/logistics-committee-to-be-established/

Strikes, increased wages and electricity costs worry Japanese investors

Illegal strikes, the minimum wage and high electricity costs were the subjects discussed during the 13th annual meeting between Cambodia and Japan last week, according to the Council for Development of Cambodia (CDC). ...

Sok Chan
http://www.khmertimeskh.com/news/22618/strikes--increased-wages-and-electricity-costs-worry-japanese-investors/

Labor shortage hits coastal SEZ

Preah Sihanouk province’s special economic zone (SEZ) does not have enough workers to keep its manufacturing plants and services running at full capacity, officials said.​ ...

Chea Vannak
http://www.khmertimeskh.com/news/21963/labor-shortage-hits-coastal-sez/

New border link expected to boost trade with Thailand

Cambodia and Thailand are set to have a new international border crossing on National Road 5, linking Banteay Meanchey province and Thailand’s Sa Kaeo province. ...

Chea Vannak
http://www.khmertimeskh.com/news/21667/new-border-link-expected-to-boost-trade-with-thailand/

MEF sounds warning bell over credit growth risk

The Ministry of Economy and Finance has raised concerns about the rapid growth of credit and real estate sectors, which it says could pose risks to Cambodia’s economic growth, while emphasising that policy measures were being taken to mitigate these risks. ...

Ananth Baliga
http://www.phnompenhpost.com/business/mef-sounds-warning-bell-over-credit-growth-risk

Time to outgrow garment manufacturing, gov’t advisor says

As the ASEAN Economic Community (AEC) raises Cambodia’s profile as a member of one of the world’s largest trade zones, investors around the world are considering Cambodia as a gateway to the region and it should take advantage of this opportunity by diversifying its economic ...

Chea Vannak
http://www.khmertimeskh.com/news/21466/time-to-outgrow-garment-manufacturing--gov---t-advisor-says/

Cambodia aims higher in manufacturing sector

After decades of solid growth driven by its garment industry, Cambodia is seeking to shift its economy into more sophisticated light manufacturing, such as electronics and auto-parts. Most of these manufacturers are Japanese and they are slowly coming online in Cambodia’s special economic zones, aiming ...

Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodia-aims-higher-in-manufacturing-sector/3184557.html

Agriculture decline to hit poor

The World Bank said last week that Cambodia will likely graduate to a lower-middle-income nation in 2015, on the back of sustained poverty alleviation, stable economic growth and progress made on reducing inequality between the rich and poor. ...

Ananth Baliga
http://bit.ly/1EiFYb3

Cambodia prepares for G20

If it were a Group of 180 nations meeting, Cambodia would be invited. But the Kingdom’s chances of attending the so-called G20 summit, which brings together the world’s largest economies, are unlikely, says Mey Kalyan, a government adviser who last week became the first Cambodian to ...

http://www.phnompenhpost.com/index.php/2012051456136/Business/cambodia-prepares-for-g20.html

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