News
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 ...
Exports of rice quadruple
Exports of rice from Cambodia have quadrupled in the first part of 2011 according to the Ministry of Commerce. Rising international prices along with high domestic yields have spurred the growth to 80,442 tons of rice being exported compared to 17,144 tons the previous year ...
http://www.phnompenhpost.com/index.php/2011070850271/Business/exports-of-rice-quadruple.html
Association a shoe-in
Cambodia has approved the creation of a footwear association under the umbrella of the Garment Manufacturers’ Association in Cambodia. 37 of the country’s 38 footwear factories agreed to the creation of a representative body for their industry. The footwear industry is said to have exported ...
http://www.phnompenhpost.com/index.php/2011070750242/Business/association-a-shoe-in.html
Growth in vehicle sales fuelled by bank loans, dealers say
Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, ...
More Money For Meat
Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Economics Institute of Cambodia Senior Researcher Neou Sieha said yesterday that meat prices had seen significant increase ...
http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html
Pig production priority
Thailand’s reported move to ban exports of live pigs highlights the need to develop a larger Cambodian pig industry, insiders say. The Bangkok Post reported yesterday that Thailand’s Acting Commerce Minister Porntiva Nakasai had banned the exports in order to bring down its own prices, ...
http://www.phnompenhpost.com/index.php/2011070150113/Business/pig-production-priority.html