The first three-day Koh Kong Investment and Trade Fair 2013 kicked off on Saturday, promoting trade and investment in the southern provinces of Cambodia with neighbours Thailand and Vietnam. ...
“The [fair] is aimed at promoting trade and development in Koh Kong province and other border provinces in the southern region of the country, which is to... continue
Cambodia’s promising animal feed sector will soon see support from a big pharmaceutical manufacturer which is now studying local demand for animal healthcare – a nearly untapped market.
“We intend to introduce animal health business in Cambodia for our farm products and feed mills,” Khalid Baig, Bayer’s country group head Southeast Asia, told the Post. ...
Diversified conglomerate San Miguel Corp. (SMC) will invest $1.5 billion for its airline venture in Cambodia, its top executive said yesterday. Cambodia Airlines will have about 20 aircraft in its fleet and add as much as $400 million revenues per year to Philippine Airlines (PAL), said SMC and PAL president Ramon S. Ang in a briefing. ... PAL owns a 49-percent stake... continue
Neil Jerome C. Morales
Families living in Koh Kong province have called on the provincial governor to intervene in what they claim are ongoing land disputes with Forestry Administration authorities and conservation NGO Wildlife Alliance.
Thirty-eight families from Mondul Seima and Khemarak Pumin districts have 110 hectares of land between them that authorities are refusing to allow student volunteers to measure,... continue
May Titthara and Kevin Ponniah
Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher than those of the same period last year, Prasidh said he believed exports of milled... continue
Recurring power cuts and power shortages draw sharp complaints from Cambodia’s public, the political opposition and business owners. Keo Ratanak, director-general of Electricite du Cambodge (EDC), talked to the Post’s Sarah Thust. What is EDC doing to reduce electricity cuts here? The issue of power shortage is not a surprise to the Royal Government of Cambodia and EDC. We had forecasted many... continue
The National Assembly of Cambodia on Friday ratified the agreement on maritime transport between the Association of Southeast Asian Nations (ASEAN) and China, saying the agreement is essential to develop trade and economic ties between ASEAN and China. ...
"The agreement aims to facilitate and foster cooperation in passenger and cargo transport by sea among the signatories,"... continue
Xinhua News Staff
The steady growth of franchises from overseas is likely to continue as young, moneyed Cambodians seize the opportunity to bring name brands into the country, a bank official said yesterday. ... Hoping to help its customers and others invest in franchises, Malaysia-based CIMB Bank yesterday organized a talk on franchising at the Malaysian Embassy in Phnom Penh. … Thida Heng, CIMB head... continue
Simon Lewis, P.21
Cambodian Confederation of Unions president Rong Chhun yesterday appealed to landlords with properties close to garment factories not to take advantage of the industry’s minimum wage increase by raising rent prices.
The minimum monthly salary in the garment sector – Cambodia’s biggest export industry – officially climbed from $61 to $75 this month, and Chhun said rent... continue
Shane Worrell and Phak Seangly
The newly appointed Kompong Thom provincial governor on Tuesday promised more than 500 families who were forcefully evicted by a Vietnamese rubber plantation more than three years ago that they would be given replacement land to farm on early next month. Security forces evicted villagers from Santuk district’s Kraya commune in December 2009 to make way for the Tan Bien-Kompong Thom... continue
Japanese Bank of Tokyo-Mitsubishi UFJ (BTMU) signed an agreement yesterday with local Canadia Bank to shore up Japanese growth in Cambodia and to demonstrate its confidence in the Kingdom’s financial sector. BTMU’s managing executive officer, Takami Onodera, and Pung Kheav Se, chairman of Canadia Bank, yesterday signed the agreement with the intention of bringing more Japanese investors to Cambodia. ... Japanese investment... continue
Delta Electronics (Thailand), one of the world’s leading producers of power supplies and electronic components, plans to expand to Cambodia and Myanmar, the Bangkok Post reported on Wednesday. “There is no indication of a specific timeframe for the expansion, but the company sees these countries . . . as distributing channels of supply chain to other Asian and European countries,” the... continue