News

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 foreign trade worth over 6 bln USD in 5 months

Cambodia’s trade with foreign countries amounted to 6.25 billion U.S. dollars in value in the first five months of this year, up 20 percent from the same period last year, according to statistics from the Commerce Ministry on Wednesday. During the January-May period this year, the ...

http://www.xinhuanet.com/english/

Porsche seeks niche among Cambodia’s newly-rich

The wizened cyclo driver, cigarette in mouth, muscles taut from pedalling up and down French-style boulevards, is one of Indochina’s enduring romantic images. But cyclos on the streets of Phnom Penh are now outnumbered by another means of transport: the luxury car. But with the urban ...

http://www.gulf-times.com/asean-philippines/188/details/355586/porsche-seeks-niche-among-cambodia%E2%80%99s-newly-rich

Group Lease boosts Singapore unit to fund Cambodia operation

Group Lease has decided to raise the capital of its wholly owned Singaporean subsidiary Group Lease Holdings to serve as the main funding source for its Cambodian motorcycle leasing operations after six months of satisfactory trial operations there. Cambodia, which is managed by Group Lease’s ...

http://www.nationmultimedia.com/business/Group-Lease-boosts-Singapore-unit-to-fund-Cambodia-30204735.html

Group Lease eyes Laos, Vietnam markets

Group Lease Plc (GL), the SET-listed motorcycle leasing firm, is planning to expand into Laos and Vietnam next year after a successful move into Cambodia last year. Mitsuji Konoshita, the chairman and chief executive, said both Laos and Vietnam are promising markets, while the company ...

http://www.bangkokpost.com/business/financialadvice/340373/group-lease-eyes-laos-vietnam-markets

Cambodia breaks ground for 3rd flyover in capital

Cambodia on Monday broke ground for the construction of a 19-million-U.S.-dollar flyover in Phnom Penh’s southwestern part to meet the growing number of vehicles. Prime Minister Hun Sen said it will take 28 months to complete the construction of the 429-meter flyover. “The sky bridge will not ...

http://news.xinhuanet.com/english/world/2012-11/26/c_131999551.htm

Firm to Offer Financing for Motorcycles

Thailand’s GL Finance Plc. launched its business in Cambodia on Friday by opening eight branches in Phnom Penh and Kandal province that will operate hire purchase operations out of Honda motorcycle dealership. Speaking during the opening ceremony for its branch in Phnom Penh’s Prampi Makara district, ...

Volunteering to Tackle the Intractable Issue of Land

Veun sai district, Ratanakkiri – Kitted out in their camouflage uniforms, military boots, belts and Ministry of Land Management baseball caps, the dozen or so student volunteers looked like a stern bunch. There was no smiling as they sat at wooden desks in an open pagoda ...

Research shows Cambodian entrepreneurship tendency

Ninety–nine per cent of Cambodians have a television set in their home, according to data compiled by Indochina Research. “We know everybody watches television,” said General Manager Laurent Notin. “Television is the most trusted media channel for Cambodians.” The saturation of television is only one of the ...

http://www.phnompenhpost.com/index.php/2012060156524/Business/research-shows-cambodian-entrepreneurship-tendency.html

Workers at Honda Plant Given Back Their Jobs

A factory in Phnom Penh that assembles motorcycles for Honda decided on Friday to reinstate four workers who had been fired in December for creating a new trade union. About 300 workers at the Honda NCX Company in Pur Senchey district had been on strike since ...

Honda Factory Workers Strike To Reinstate Union Officials

About 300 workers from a Phnom Penh factory that assembles Honda motorcycles went on strike yesterday to rally for the reinstatement of their union representatives, in accordance with an order by the Arbitration Council, union representatives said yesterday. Yoeurng Sopheara, a legal officer at Cambodia Labor ...

Sanya Motorcycles Officially Enter Cambodian Market

PHNOM PENH– The China-made Sanya-branded motorcycles have officially entered Cambodian market on Wednesday to compete in the country’s crowded motorcycle market. Pan Sorasak, Secretary of State for the Ministry of Commerce, expressed congratulations to the SCI Company Limited for being selected to be the exclusive distributor ...

http://www.chinadaily.com.cn/bizchina/2011-08/24/content_13181497.htm

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