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Cambodia’s trade with Malaysia grows sharply

Cambodia’s trade with Malaysia grows sharply in 1st 4 months of Y 2011 The bi-lateral trade between Cambodia and Malaysia increased by 75% in the 1st 4 months of this year, compared to the same period last year, said a senior commerce official Wednesday. From January to ...

http://www.livetradingnews.com/cambodias-trade-with-malaysia-grows-sharply-47229.htm

Exports hold up despite EU slowdown

Cambodia has coped well in terms of exports despite the slowdown in some European economies, said the head of the IMF’s Asia-Pacific department last week. Anoop Singh, director for the department, said Cambodia has enjoyed many years of economic growth at about 6 per cent or ...

http://www.phnompenhpost.com/index.php/2012101959320/Business/exports-hold-up-despite-eu-slowdown.html

Cambodia: Mineral, Metal and Fuel Resources

Cambodia, with a total population of 14,952,665 as of July 2010, is located in Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos. The country mostly has a tropical climate and covers a total area of 181,035 km2 Cambodia’s key natural resources include ...

http://www.azomining.com/Article.aspx?ArticleID=216

Tax revenue up from 2011

Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...

http://www.phnompenhpost.com/index.php/2012110959666/Business/department-officials-say-tax-revenue-is-up-from-last-year.html

Graduates lacking skills: report

EVEN though about 50 per cent of Cambodian university students studied business management, the banking sector has been hesitant to recruit them, insiders said yesterday. A 2010 report by the recruitment agency HRINC (Cambodia) projected that the supply of business, marketing, management, banking and finance, economics ...

http://www.phnompenhpost.com/2013030561746/Business/graduates-lacking-skills-report.html

Bonna Reality inks deal with Malaysian real estate developer

Bonna Realty Group yesterday signed an agreement with the National 6A Investment, a Malaysian real estate developer, to be an authorised sales agent for a 10-storey condominium that is currently being constructed and is expected to be finished by the end of 2014. The National 6A ...

http://www.phnompenhpost.com/2013030861822/Business/bonna-reality-inks-deal-with-malaysian-real-estate-developer.html

Rural surveyors miss Phnom Penh

Inner city students enlisted into Prime Minister Hun Sen’s nationwide land-titling program have been getting a taste of the rural life and some of them are ready to come home. Prepped with a two-day crash course in surveying, more than 1,000 youths have been dispatched across ...

http://www.phnompenhpost.com/index.php/2012071757461/National-news/rural-surveyors-miss-phnom-penh.html

Officials Urge NGOs to Respect Rule of Law in Sonando Case

As criticism continues to mount over the arrest of outspoken Beehive Radio owner Mam Sonando, a government spokesman shot back yesterday, accusing NGOs of undermining the country’s rule of law. “NGOs are not a judge and [the] rule of law reflects from the people,” said ...

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

Czech to increase diplomatic ties with Cambodia

The Czech Republic is going to set up its embassy residence here next year in order to strengthen and expand bilateral relations and cooperation between the two nations, the newly-designated ambassador of the Czech Republic to Cambodia Vitezslav Grepl said Tuesday. He said the permanent ...

http://www.nzweek.com/world/czech-to-increase-diplomatic-ties-with-cambodia-38328/

Vietnam visitors drive tourist stats

International tourist arrivals to Cambodia increased nearly 28 per cent during the first quarter of the year compared with the corresponding period of 2011, Ministry of Tourism data shows. The country drew more than 995,000 tourists from abroad during the three-month period, up from 778,467 a year earlier, ...

http://www.phnompenhpost.com/index.php/2012043055860/Business/vietnam-visitors-drive-tourism-stats.html

Police Begin Dismantling Mondolkiri Village Involved in Dispute

As the eviction deadline looms for residents of a Mondolkiri village embroiled in a land dispute with a Vietnamese-owned rubber plantation, police have begun to dismantle vacant homes in the village, an official and a villager said yesterday. Sin Seng, 43, a resident of the remote ...

Activist monk detained at Wat Botum

Senor members of the monastic community yesterday detained Buddhist monk Loun Savath, an award-winning human rights activist, after he took photos of protesting Boeung Kak lake villagers outside Phnom Penh municipal court. Monks, police and unidentified men in plain clothes violently forced Loun Savath into a ...

http://www.phnompenhpost.com/index.php/2012052556389/National-news/activist-monk-detained-at-wat-botum.html

Cambodia Real Estate Could Benefit From QE3

Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...

http://online.wsj.com/article/SB10001424127887323894704578106160673901682.html?mod=googlenews_wsj

Keep Checkpoints Open, Hun Sen Tells Thai Envoy

Prime Minister Hun Sen yesterday told the newly appointed Thai Ambassador Touchayoot Pakdi that border checkpoints between the two countries need to remain open in order to promote trade and tourism and combat border crimes. Mr. Hun Sens remarks to Mr Pakdi came during a ...

http://www.cambodiadaily.com/

Phnom Penh Port Trade Volume Increases by 29%

The number of shipping containers that passed through the Phnom Penh Autonomous Port increased by 29 percent during the first six months of the year compared to the same period in 2012, according to figures released yesterday. The port received 50,157 standard containers between January and ...

http://www.cambodiadaily.com

Rice exports already surpass last year’s total

Cambodia exported about 31,000 tonnes of rice in July, a 40 per cent seasonal increase from the average of 22,000 tonnes for first five months of this year. Official data show that Cambodia exported 207,000 tonnes from January through July, an amount surpassing the 205,000 tonnes ...

http://www.phnompenhpost.com/business/rice-exports-already-surpass-last-year%E2%80%99s-total

Firm Announces Rice Energy Plan in Cambodia

A U.S.-based energy company has announced that it is planning a biomass project using genetically modified rice in Cambodia, in a purportedly massive deal about which little information has been made public. In a statement posted online Thursday, Sino Bioenergy Corp. said it had signed a ...

http://www.cambodiadaily.com/business/firm-announces-rice-energy-plan-in-cambodia-19105/

Cambodia’s Beauty Industry Blossoming

The beauty business in the Kingdom is growing rapidly as incomes are rising and the middle-class is growing, industry insiders told the Post yesterday. In the first three months of this year, the Kingdom imported cosmetic products worth $9.9 million, an increase of 130 per cent ...

http://www.phnompenhpost.com/2013051665644/Business/cambodia-s-beauty-industry-blossoming.html

Taiwanese bank now owns 70 pct of UCB

Taiwan’s E. Sun Commercial Bank has purchased a 70 per cent stake in Cambodia’s Union Commercial Bank. The deal, planned for months but announced yesterday at a press conference at the Sofitel hotel in Phnom Penh, will bring technology upgrades and more loan capital to the ...

Kimsay Hor
http://www.phnompenhpost.com/business/taiwanese-bank-now-owns-70-pct-ucb

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