BUSINESS NEWS — Cambodia’s largest dam, Kamchay hydroelectric dam, with a capacity of 193 megawatt, was officially put into operations on Wednesday. The inauguration ceremony was held at the Kamchay hydroelectric dam site in Kampot province, some 150 kilometers southwest of Phnom Penh. It was presided over by Cambodia’s Prime Minister Hun Sen and Chinese Ambassador [...]
BUSINESS NEWS — Cambodia is developing its Koh Kong province, adjacent to Thailand’s Trat province, in a bid to attract investors as industrial estates in central Thailand are flooded. Prasert Siri, exporter and port owner in Khlong Yai district in Trat, said the Cambodian government declared Koh Kong, especially its Mondol Seima district, a special [...]
BUSINESS NEWS — Construction on a US$2 billion oil refining plant, the Kingdom’s first, will start in April, according to officials close to the project. The plant, which will be built on 365 hectares across Kampot and Sihanoukville provinces and is expected to be completed in 2014, is a joint venture among domestically owned Cambodian [...]
BUSINESS NEWS — Cambodia’s largest dam, Kamchay hydroelectric dam, with a capacity of 193 megawatt, was officially put into operations on Wednesday. The inauguration ceremony was held at the Kamchay hydroelectric dam site in Kampot province, some 150 kilometers southwest of Phnom Penh. It was presided over by Cambodia’s Prime Minister Hun Sen and Chinese Ambassador [...]
BUSINESS NEWS — Cambodia is developing its Koh Kong province, adjacent to Thailand’s Trat province, in a bid to attract investors as industrial estates in central Thailand are flooded. Prasert Siri, exporter and port owner in Khlong Yai district in Trat, said the Cambodian government declared Koh Kong, especially its Mondol Seima district, a special [...]
BUSINESS NEWS — The new CEO of the Mekong River Commission will face a tough test next month when the four-nation, inter-governmental body meets in Siem Reap to discuss, among other issues, the controversial Xayaburi dam project in Laos. The MRC will decide whether to approve the proposed dam, International Rivers has said, adding that [...]
BUSINESS NEWS — Cambodia could outgrow Least Developed Country (LDC) status by the end of this decade, said Mr. Cheick Sidi Diarra, the LDC Undersecretary-general for the UN, recently at the UN conference on Least Developed Countries, held every 10 years to assess countries’ social and economic development, reported Phnom Penh Post. Mr. Diarra cited [...]
BUSINESS NEWS — Ice City Skating Rink is the only white skating floor similar to “ice” skating sport opened in Cambodia, and this sporting recreation is available at Phnom Penh’s Savanna Mall, while the city so far contains only three wield-skating rinks. “It is not the real ice floor, but the white plastic similar to [...]
BUSINESS NEWS — Rising production costs in countries like China and Vietnam may soon give rise to higher-value manufacturing in Cambodia, as investors are drawn to the Kingdom’s favourable business environment, the International Monetary Fund’s newest resident representative for Cambodia said yesterday. Investors are showing increasing interest in the Kingdom’s lower costs and growing human [...]
EVENT — Chances are unless you’re one of the 20,000 people expected to attend it or one of the over 2,000 world journalists expected to cover it, you’ve never heard of APEC 2011, But, come mid-November 2011, you certainly will as the world’s media attention will be focused on Honolulu and the island of Oahu [...]
TRAVEL NEWS — Cambodia hosted the 3rd World Ecotourism Conference at her famous coastal province—Sihanoukville aiming at developing Asia Pacific region as a leading ecotourism destination. To celebrate the acceptance of Cambodia coastal zone (Sihanoukville, Koh Kong, Kep and Kampot) into the member of the Club of World’s Most Beautiful Bays on 11 July 2011, [...]
TRAVEL NEWS — Cambodia’s accomodation industry has upsurgued greatly by the end of June, 2011, the number climbed up to 444 hotels, and 1,133 guesthouses accross the coutry whereas only 440 hotels (2,439 rooms), and 1,087 guesthouses (15,321 rooms) existed in 2010, according to Kong Sopheareak, official of Statistic depatment , Cambodia’s Ministry of Tourism, [...]
BUSINESS NEWS — Vietnamese businesses need to learn more about the Cambodian market’s consumer needs and develop distribution channels in order to expand trade, according to the Vietnamese trade counsellor in Cambodia. Vu Thinh Cuong, speaking at an online forum on Cambodian trade yesterday, said that products should conform with Cambodian taste and customs, including [...]
BUSINESS OPPORTUNITY — Green Mood Guesthouse and Italian Restaurant for Sale. The Green Mood Guesthouse & Italian Restaurant, in the center of Victory Hill district ( two minutes from Victory Beach), offers to guests CLEAN rooms for all the budgets; share rooms at 2,50$, basic and deluxe rooms from 5$ to 12$. Restaurant with a [...]
BUSINESS NEWS — Kingdom’s small and medium enterprises have called on commercial banks and micro-finance institutions to lower interest rates on loans, as insiders have said they hamper SMEs’ potential for growth. Many Cambodian SMEs are concerned that the high interest rates offered by banks reduce productivity, according to Federation of Associations for Small and [...]
BUSINESS NEWS — Among scattered coffee cups and empty Pringles canisters, roughly two dozen computer programmers, software developers and budding business leaders huddled over brightly lit Macbook screens and scrawled tech jargon onto whiteboards, all in an effort to create the next big thing. Or, at the very least, a prize-winning business concept. This was [...]
TRAVEL NEWS — Indochinese countries should focus on developing infrastructure in Viet Nam’s Mekong Delta to develop tourism in a co-ordinated manner, an official told a regional tourism conference in HCM City yesterday. Cambodia, Laos, Myanmar and Viet Nam should consider making the region a gateway and connection point to the Greater Mekong Delta Sub-region [...]
TRAVEL NEWS — Planning a holiday in Asia? Bokor Resort, the highest resort in Cambodia located near the coastline will be inaugurated to welcome tourists from all destinations by the end of 2011 while the road climbing to the plateau’s peak and other tourism structure is about to complete, Kampot Governer said. Kampot Governor H.E. [...]
BUSINESS FOR SALE — Bar Ru or in Khmer, “Baroo”. Ru’s not back yet…but the bar is! And it’s right on Ocheteaul Beach. Located in the middle of Ocheteal Beach, Sihanoukville. Look for the 777 sign on the road, or the original Bar Ru sign on the beach. Sihanoukville is a province of Southern Cambodia [...]
BUSINESS OPPORTUNITY — Greeting from LSM Construction & Investment Co., Ltd. LSM Construction & Investment Co., Ltd. was found in 2000 . We are an exporter of Cambodia Other Agency Services products. Our products have been sold well in Southeast Asia! The strict quality control procedures allow us to offer clients superior quality products. We are glad to [...]
BUSINESS NEWS — Poor ventilation? Malnutrition? Or a bizarre “psychological phenomenon” that only affects Cambodian factory workers? All have been blamed for a rash of mass faintings in two different garment factories that supply H&M stores with cheap and chic clothing. Last week, 200 garment workers keeled over inside a provincial Cambodian factory, according to Radio [...]
OPINION — Presumably, Nokia mobile phones have been very successful in Cambodian mobile market for the last 10 years. However, over the last few years Nokia has suffered a lot from their competitors in Europe and Asia. Can it still connect Asia like what they did for the last three decades? Will it still be Cambodian favorite [...]
TRADE EVENT — Cambodia International Machinery Industrial Fair 2011 is one of the biggest & largest trade fair for Packaging Material, Supplies & Machines industry in Cambodia. It looks like they are going to show a lot of good things related to machinery industrial, especially for Garment Manufacturers. The event will take place from 25 August 2011 [...]
STUDY — Although compliance by Cambodian exporting garment factories with national and international labour standards is generally good, areas such as discrimination and occupational safety and health remain a concern, according to a new United Nations report. The report on working conditions in Cambodia’s Garment Sector was released today in the capital, Phnom Penh, by [...]
BUSINESS NEWS — The National Bank of Cambodia (NBC) decided not to raise the reserve requirement rate for commercial banks from the current 12 per cent to 16 per cent although the country’s inflation has gradually increased, Nguon Sokha, NBC’s director general, said yesterday. “After the meeting of the NBC’s monetary board chaired by the [...]
BUSINESS NEWS — Work is continuing on the huge Pearl City Asia project at Sihan-oukville, according to the developer of the project. Thai Boon Roong Company, which also owns the Intercontinental Hotel in Phnom Penh, plans to build a mix of more than a thousand residences served by a shopping mall, a school and a hospital. [...]
BUSINESS NEWS — Cambodian rubber prices have increased about five per cent over the past year, according to Cambodian Rubber Association president Mak Kim Hong. Top-quality rubber sold for US$4,700 a tonne at the weekend, compared with $4,475 a tonne at this time last year. “Now there’s high demand for rubber on the international market, [...]
JOB NEWS — Well, I think the developing country like Cambodia is still in high demand of more human capital from oversea territories to help drive this Kingdom’s economy while her own human resources are not enough to fulfill some high skill or technical employments due to some challenging reasons including the under-qualification toward the [...]
BUSINESS NEWS — Whether you’re a resident of Cambodia or anywhere else in the world, with the present global financial hangover, everyone is looking for ways to save money in every little way possible. If you’re a prospective vehicle buyer in Cambodia, you must be looking for the commercial banks that specialize in offering loans [...]
Want a site to save you everything, money, time and hassle, well try www.entirecarhire.co.uk. There are loads of car hire websites out there but this one will certainly offer you more than the average site. This new on the scene car rental comparison site really does attempt to make the whole drawn out process of booking [...]
In this ever progressively hectic world with individuals getting much less some time and becoming a lot more inpatient UK Airport Car Parks have mucked around underneath the hood of the website and managed to get even faster than usual. Based on lead developer “Chris Fryer” they have to do that whenever you weigh it up [...]
INTERVIEW — Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President Steve Glick, who has been in his present role in Phnom Penh for about three months, to discuss the company’s operations in the [...]
