News

Cambodia host to Malaysia's ICT conference, expo

Cambodia was host to a two-day information and communication technology conference and expo held by the The National ICT Association of Malaysia on Friday. ... By 2012, 19.1 million SIM cards for mobile phones have been sold while on the internet side, around 2.7 million people ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjM2ZjVmYzQxMzV

Bilateral trade with China rises

Trade volume between Cambodia and China was valued at $1.79 billion in the first four months this year, a 42 per cent increase compared to the  same period last year, according to the Chinese embassy in Cambodia. In 2012, bilateral trade between the countries reached about ...

http://www.phnompenhpost.com/2013070566680/Business/bilateral-trade-with-china-rises.html

Recovering supply lifts car sales

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

http://www.phnompenhpost.com/2013070466651/Business/recovering-supply-lifts-car-sales.html

Entrepreneurs visits Cambodia for business opportunities

Two dozens of Chinese entrepreneurs in the World Eminence Chinese Business Association have been visiting Cambodia to seek possibilities to broaden trade and investment ties between China and Cambodia. The group, led by Xia Lingsheng, the Association's executive vice president, met with Tep Ngorn, the 2nd ...

http://www.ecns.cn/business/2013/07-02/71007.shtml

Cambodia wants better ties with Pakistan in economics, trade, tourism: PM

Cambodian Prime Minister Hun Sen on Monday expressed his desire to see better relations with Pakistan, particularly in economics, trade and tourism. ... He said the two countries signed an agreement on the investment protection and promotion in April 2004 during the visit of former Prime ...

http://news.xinhuanet.com/english/world/2013-07/01/c_132501129.htm

ADB to loan $55 million to Cambodia's rice sector

The Asian Development Bank (ADB) has approved a loan of $55 million to help transform the rice sector of Cambodia into a viable commercial industry as well as taking care of the land and water resources. ... ADB's Climate-Resilient Rice Commercialization Sector Development Program―which will run ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjI4NDZjMzFlMmE

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/

Hong Kong delegation seeks business opportunities in Cambodia

A delegation from China's Hong Kong Special Administrative Region are currently seeking possibilities to broaden bilateral trade and investment ties in Cambodia. The delegation comprising of business executives from 24 different firms in the financial and professional services, infrastructure and real estate, garments and textiles, telecommunications, ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=Y2Y2MTQ4Zjk2YmR

Illegal cosmetics chemicals trashed

Government officials yesterday disposed of some 30 tonnes of chemical substances they said Chinese nationals had intended to sell illegally as cosmetics. Long Sreng, deputy chief of the Interior Ministry’s anti-economic crime department, said authorities seized the chemicals – some of which already were falsely packaged ...

http://www.phnompenhpost.com/2013062566459/National/illegal-cosmetics-chemicals-trashed.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

Thai and Cambodian trade fair on the road

In a joint effort to promote trade ties, government officials in Cambodia and Thailand have organised the first “Caravan Fair” in which producers within the neighbouring countries will showcase their products to one another. The Cambodia-Thailand Caravan Fair 2013, a travelling event starting on June 25 ...

http://www.phnompenhpost.com/2013061966350/Business/thai-and-cambodian-trade-fair-on-the-road.html

Kingdom, Hong Kong boost ties

Economic cooperation between Cambodia and Hong Kong is on the rise, while the introduction of a new visa extension is also evidence of strengthening relations, officials say. ... On June 1, Cambodian officials will be able to travel to Hong Kong without a visa and stay ...

http://www.phnompenhpost.com/2013061866316/Business/kingdom-hong-kong-boost-ties.html

India seeks to enhance trade links

An Indian business delegation visiting Cambodia hopes to boost bilateral cooperation in trade, tourism and transport, officials said yesterday. Meeting with key Cambodian officials, Director General of the Indian Chamber of Commerce said the Kingdom presented many opportunities for  India. ... ...

http://www.phnompenhpost.com/2013061466268/Business/india-seeks-to-enhance-trade-links.html

Cambodia eyes to become region's prominent gems, jewelry market

Cambodia has eyed to become a precious stone and jewelry hub in Southeast Asia region in the near future, Minister of Commerce Cham Prasidh said Thursday. Speaking at the opening of the 5th international gems and jewelry fair here, the minister said that with the fast ...

http://news.xinhuanet.com/english/business/2013-06/13/c_132452793.htm

Cambodia, China's Guangxi pledge to broaden cooperation

Cambodia and China's Guangxi Zhuang Autonomous Region on Thursday vowed to further enhance cooperation in trade, investment, and tourism for mutual benefits. The commitment was made during a meeting between Cambodian Prime Minister Hun Sen and Peng Qinghua, secretary of Guangxi Zhuang Autonomous Region's CPC Committee, ...

http://news.xinhuanet.com/english/china/2013-06/13/c_132453081.htm

Poipet Vendors Protest Corrupt Border Officials

More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. ... Migrant workers who cross ...

http://www.cambodiadaily.com

Cambodia's largest port sees 14 pct rise in cargo shipment in 5 months

The Sihanoukville Autonomous Port, the kingdom's largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...

http://news.xinhuanet.com/english/business/2013-06/12/c_132450037.htm

Thailand, Cambodia Recommit to Border Growth

The foreign ministers of Thailand and Cambodia signed a memorandum of understanding in Phnom Penh yesterday reconfirming their commitment to developing their joint border with new economic zones, checkpoints and a 1,800-MW power plant. ... “We have agreed to create four international checkpoints to improve trade ...

http://www.cambodiadaily.com

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