News

New car sales back on track

New car sales noticeably increased in the first quarter of this year, a contrast to the year earlier period when sales dropped compared with the first quarter of 2011, officials said. Major car dealers in Cambodia said yesterday the jump is due to improvements in ...

http://www.phnompenhpost.com/2013041265053/Business/new-car-sales-back-on-track.html

Tourism not competitive

Cambodia ranks last in travel and tourism competitiveness among eight Southeast Asian countries, according to a recently published study by the World Economic Forum. The Travel and Tourism Competitiveness Report 2013, which excluded Laos and Myanmar, said Cambodia comes 106th out of 140 countries this year, ...

http://www.phnompenhpost.com/2013040964952/Business/tourism-not-competitive.html

Seoul visit as tensions mount

In the light of growing tensions between North and South Korea, officials from the Ministry of Labour will head to Seoul on Thursday for a weeklong visit to inform Cambodian workers on emergency evacuation procedures. An estimated 25,000 Cambodians, a figure that includes roughly 5,000 illegal ...

http://www.phnompenhpost.com/2013040964963/National/seoul-visit-as-tensions-mount.html

Local palm oil exporter targets EU

Mong Reththy Group (MRG), Cambodia’s largest exporter of palm oil, hopes to expand its exports to European markets this year. Mong Reththy, president of the firm, said the quota-free and duty-free trade frameworks provided by European governments factored heavily into the decision. “About 50 per cent of ...

http://www.phnompenhpost.com/2013040964951/Business/local-palm-oil-exporter-targets-eu.html

Joint visa with Laos not expected before 2015

A Lao government delegation visiting the Kingdom’s capital last week anticipates that a joint visa scheme that would allow entry to both countries on a single visa will take at least two to three years to implement. Manoxay Vilayhane, second secretary at the Lao embassy in ...

http://www.phnompenhpost.com/2013040864930/Business/joint-visa-with-laos-not-expected-before-2015.html

Thai power to Siem Reap cut

Siem Reap town – one of Cambodia’s biggest tourist destinations – faced yet another power outage yesterday after the provincial energy supplier cut power for 12 hours during the day. Energy supplier Electricite du Cambodge (EdC) informed residents that power would be cut from 6am to ...

http://www.phnompenhpost.com/2013040464887/National/thai-power-to-siem-reap-cut.html

FAO Raises Paddy Production Outlook

The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast of global paddy production in 2012 by about 1.5 million tonnes to 730 million tonnes (487 million tonnes, milled). The scaling up of production mainly concerned Asian countries, in particular Cambodia, ...

http://www.cambizreview.com

Thai-Cambodian trade in Surin reaches new record high

The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...

http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190

The price of land development in Cambodia

Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...

http://www.bbc.co.uk/news/world-asia-21973412

Passport Posts A Go

Cambodia is making plans to open passport offices along its border with Thailand in a bid to cut down on illegal migration, Interior Minister Sar Kheng announced yesterday. Speaking at the close of a migration workshop, Kheng said that officials are already preparing to open a ...

http://www.phnompenhpost.com/2013032964787/National/passport-posts-a-go.html

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