News

Textile Industry Gets Lessons From Korean Designers

Cambodian manufacturers on Wednesday received training from Korean designers on how to make apparel in line with current fashion trends in the hopes of assisting them in penetrating the lucrative but difficult Korean market. The event was organized by the ASEAN-Korea Center—an intergovernmental organization that aims ...

http://www.cambodiadaily.com/business/textile-industry-gets-lessons-from-korean-designers-35468/

Japanese Companies Host Employment Fair in Phnom Penh

Cambodian students, graduates and jobseekers filled the main hall of the Cambodia-Japan Cooperation Center on Tuesday looking for employment opportunities with some of Japan’s largest corporations. Organizers said the event aimed to bridge the gap between skilled Cambodian job seekers and companies from the world’s third ...

http://www.cambodiadaily.com/business/japanese-companies-host-employment-fair-in-phnom-penh-35242/

Toyota seeks expansion in Cambodia, emerging markets

Toyota Motor Corp, the world’s largest automaker, is planning to expand their operations in Cambodia as well as other emerging markets. The move is a push to attract new first time-buyers of automobiles and get about half of global sales from the emerging markets. Toyota plans to ...

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

Noodle maker tries instant route

Cambodia has always been a source for a broad variety of raw materials  from the agricultural sector. The country exports many of these materials to neighbouring countries and other markets in the world – without turning them into new products. This lack of domestic processing has ...

http://www.phnompenhpost.com/2013062666486/Inside-Business/noodle-maker-tries-instant-route.html

Cambodia posts sharpest increase in rice output among major producers

Cambodia posted the sharpest increase in production among the world’s major rice producers between 2000 and 2010, the Food and Agricultural Organization said in a report released Wednesday. The 2013 edition of the UN agency’s Statistical Yearbook showed that Cambodia was the world’s 12th largest rice ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTRlZjk2Yzg3OTd

Cambodia urges to boost country's exports

Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...

http://news.xinhuanet.com/english/business/2013-06/06/c_132436133.htm

Factory Dining Hall Collapses in Phnom Penh; 23 injured

The dining hall of a garment factory in Phnom Penh’s Meanchey district that supplies clothes to U.S. brand Gap collapsed into a pond Monday, injuring more than 20 workers who were eating lunch, workers and officials said. The hall, which is part of Top World Garment ...

http://www.cambodiadaily.com/news/factory-dining-hall-collapses-in-phnom%E2%80%88penh-23-injured-25558/

Cambodia needs to polish reputation

The chief economist at the Economic Research Institute for ASEAN and East Asia says Cambodia needs to attract greater numbers of multinational companies and treat them well, in order to establish production networks that will transfer technology to smaller Cambodian businesses. In an interview with the ...

http://www.phnompenhpost.com/index.php/2012103159496/Business/cambodia-needs-to-polish-reputation.html

UN Says Cambodia 'Food Secure' Thanks to Gov't Policies

While the global economic crisis weakened the ability of Cambodian households to purchase food, the government’s focus on agricultural production and other policies have since helped alleviate food insecurity in the country, the U.N. Conference on Trade and Development said in a new report. Between June ...

Japanese companies face domestic employee shortage

Japanese companies are facing a shortage of skilled workers which is hindering progress in Japanese-owned electronic factories, the Japanese Business Association of Cambodia (JBAC) said. The statement comes after the Asian Development Bank said in April that a shortage of skilled workers would continue to hinder ...

http://www.phnompenhpost.com/index.php/2012071957505/Business/japanese-companies-face-employee-shortage.html

Cambodia wakes up to coffee

The Cambodian coffee industry has seen a rapid increase in market value over the last few years, rising from production of about 18 tonnes per year in 2009, to more than 2,370 tonnes last year, market insiders said. Local coffee sales increased to 30 tonnes in ...

http://www.phnompenhpost.com/index.php/2012071857470/Business/cambodia-wakes-up-to-coffee.html

Kampot Pepper Demand Sees Production Increase

Growing demand abroad for Kampot pepper has resulted in production levels for the commodity increasing by 22 percent to 22 tons during this year’s harvest, officials said yesterday. Nguon Lay, president of the Kampot Pepper Association, said that the amount of farmland used to cultivate pepper ...

Close ASEAN cooperation urged to promote growth

Cambodia, the current ASEAN chair, has called for stronger financial cooperation among its member countries to promote economic growth. The main agenda is to ensure that Southeast Asia is on track to meet an ambitious goal of transforming in three years into a European Union-like ...

http://www.newstrackindia.com/newsdetails/2012/04/03/335--Close-ASEAN-cooperation-urged-to-promote-growth-.html

Ford plant opens in Sihanoukville

A Ford assembly plant in Preah Sihanouk province will supply Cambodia’s limited but growing car market, the American carmaker’s local representative RMA Cambodia announced yesterday. The US$3 million investment, wholly owned by RMA, has a capacity of up to 6,000 vehicles per year, and is expected ...

http://www.phnompenhpost.com/index.php/2012032155152/Business/ford-plant-opens-in-sihanoukville.html

Food costs expose gap in country's production

Despite a 67 per cent drop in food imports to Cambodia in 2011, inflation in exporting countries drove an 18 per cent rise in the total value of the imports. Food imports fell from 769,993 tonnes in 2010 to 254,080 in 2011, while the total value ...

http://www.phnompenhpost.com/index.php/2012012654150/Business/food-costs-expose-gap-in-countrys-production.html

GDP growth drives petrol imports 67% year-on-year

The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or US$1.14 billion worth, in the first 10 months of the year, compared to ...

http://www.phnompenhpost.com/index.php/2011120153073/Business/gdp-growth-drives-petrol-imports-67-year-on-year.html

Japan Helps Cambodia Despite Difficulties

Japan on August 15th loaned Cambodia a package of US$ 53.3 million for the West Tonle Sap Irrigation and Drainage Improvement and a grant aid of US$ 0.7 million to improve education equipment of the Department of Geo-Resources and Geotechnical Engineering of the Institute of ...

http://thesoutheastasiaweekly.com/

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