Food, beverage imports rise Reply

"The rise is due to a sharp growth in domestic demand"

“The rise is due to a sharp growth in domestic demand”

Reposted from The Phnom Penh Post
By May Kunmakara

Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. More…

Plans for 7-Eleven chain in Cambodia Reply

7-Eleven will be entering the Cambodia market by 2015

7-Eleven will be entering the Cambodia market by 2015

Reposted from The Phnom Penh Post
By Low Wei Xiang

Thailand’s biggest convenience store operator, CP All, plans to apply for licences to open 7-Eleven stores in countries including Cambodia by 2015, according to a Reuters news report yesterday. More…

Cambodia’s construction sector gets US$ 2.1-B investment in 2012 Reply

These are the priority factors to build confidence among both local and foreign investors

These are the priority factors to build confidence among both local and foreign investors

Reposted from Live Trading News

The construction sector in Cambodia attracted the investment projects of about US$2.1-B last year, a 72% rise compared with some US$1.2-B in Y 2011, according to a report from the Ministry of Land Management, Urban Planning and Construction Friday. More…

US Seeks Infrastructure Deals in Cambodia Reply

Chinese investment totaled more than $250 million in the 11-month period

Chinese investment totaled more than $250 million in the 11-month period

Reposted from The Cambodia Daily
By Simon Lewis

Looking to compete with Chi­nese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said on Thursday in Phnom Penh. More…

Investment Figures Show Billions of Dollars from China Reply

Chinese investment is coming in natural resources, rubber and tourism

Chinese investment is coming in natural resources, rubber and tourism

Reposted from VOA
By Suy Heimkhemra

PHNOM PENH – China has become Cambodia’s biggest investor, putting some $8.8 billion into the country over nearly two decades, according to online data from the government’s lead investment agency. More…

Cambodia’s low wages lure manufacturers away from China, other countries Reply

Asian Development Bank, estimates that overall foreign direct investment will jump to $1.5 billion in 2012, up from $850 million in 2011

ADB, estimates that overall foreign direct investment will jump to $1.5 billion in 2012, up from $850 million in 2011

Reposted from The Washington Post
By Rahul Jacob

PHNOM PENH, Cambodia — Inside a gleaming white-and-blue garment factory in Cambodia stand rows of second-hand Singers — weathered sewing machines transported from a plant in China that closed last year. More…

Regional Comprehensive Economic Partnership to create huge market Reply

The RCEP was officially launched on Tuesday during the 21st ASEAN Summit in Phnom Penh

The RCEP was officially launched on Tuesday during the 21st ASEAN Summit in Phnom Penh

Reposted from The Phnom Penh Post
By May Kunmakara

Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. More…

Over $100 m for the first-ever biggest cement factory in Cambodia Reply

The cement factory plant is a joint venture between Cambodia’s Cement Construction Resource Co., Ltd  and Urec Overseas Investment Co., Ltd.

The cement factory plant is a joint venture between Cambodia’s Cement Construction Resource Co., Ltd and Urec Overseas Investment Co., Ltd.

Reposted from Cambodia News
By Heng Neang

Phnom Penh: With more than US$100 million investment, Chakrey Ting Cement Factory in Kampot province will start operating soon and it will become the first-ever biggest cement factory in the country. More…

Healthy growth for Cambodia’s economy Reply

Farming is one of the key components to Cambodia's growth

Farming is one of the key components to Cambodia’s growth

Reposted from The Phnom Penh Post
By Rupert Winchester

A NEW report from the Organisation for Economic Co-operation and Development (OECD) says GDP growth in Cambodia over the next five years is likely to hit 6.9 per cent, the highest of any ASEAN country apart from Laos. More…

Obama Presses Cambodia PM on Human Rights Reply

United States and Cambodia developing a deeper relationship

United States and Cambodia developing a deeper relationship

Reposted from Voice of America

U.S. President Barack Obama has voiced concerns about Cambodia’s human rights record in what U.S. officials describe as a “tense” meeting with Cambodian Prime Minister Hun Sen. More…