Business News


China, UNDP Continue Support to Cambodia Cassava Development Project

AKP Phnom Penh, May 21, 2013 – China and the United Nations Development Program (UNDP) will further their support to the Cambodia Cassava Development Project with a fund of US$400,000. At the launching ceremony of the second phase of the project held here on May 21, H.E. Teng Lao, Secretary of State at the Cambodian Ministry of Agriculture, welcomed the move

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Cambodia’s Food Processing Company Receives HACCP Certification

AKP Phnom Penh, May 21, 2013 – LyLy Food, a Cambodia’s food processing company, received the Hazard Analysis and Critical Control Points (HACCP) certification from Germany. H.E. Suy Sem, Minister of Industry, Mines and Energy, said it is an achievement, which is in line with the royal

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4th One Village One Product Expo in Phnom Penh

AKP Phnom Penh, May 20, 2013 – The One Village One Product (OVOP) Expo was kicked off here last Friday with the participation of provinces across the country to display their local products on 80 stalls.

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Chief Cambodia Holdings Ltd. Launched

AKP Phnom Penh, May 16, 2013 – Chief Cambodia Holdings Ltd., a branch of the Hong Kong-based Chief Holdings, was launched here on Monday to look for local partners for business cooperation, particularly in the fields of agriculture, rice export, mining and energy,

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Fourth Legislative Mandate: Cambodia’s Macroeconomic Performance on Positive Track

AKP Phnom Penh, May 15, 2013 –  During the fourth legislative mandate, which will soon come to an end after the national election of July 28, 2013, Cambodia has achieved a remarkable macroeconomic performance.

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An Australian Mineral Explorer Confirms 1.2 Million Ounces of Gold in Northeastern Province

AKP Phnom Penh, May 09, 2013 – Managing Director of Renaissance Minerals Limited, an Australia-based mineral exploration company, Mr. Justin Tremain this afternoon confirmed the company’s finding of some 1.2 million ounces of gold in O’Kvav, Keo Seima district of Mondulkiri, a northeastern province of Cambodia.

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New Satellite City Broken Ground for Construction

AKP Phnom Penh, May 08, 2013 – The BOOYOUNG Group of the Republic of Korea broke ground here yesterday to construct a US$1.1 billion satellite city in Phnom Penh.

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Cambodian Automobile Industry To Increase this Year

AKP Phnom Penh, May 08, 2013 – Cambodia’s automobile industry is expected to grow by 10 to 15 percent this year, according local media reports.

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Thailand Trade Fair To Kick Off Early May

AKP Phnom Penh, April 30, 2013 — Thailand Trade Exhibition 2013 will take place from May 02-05 at Koh Pich Convention and Exhibition Center, Phnom Penh, according to a press conference held here yesterday at the Royal Thai Embassy.

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WB: Cambodia’s Economy To Grow Around 7%

AKP Phnom Penh, April 26, 2013 — Cambodia’s real Gross Domestic Product (GDP) growth is projected to reach around 7 percent in 2013, World Bank’s Cambodian Economic Updated report said.

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ACLEDA, UnionPay International Sign MoU on Payment Services

AKP Phnom Penh, April 24, 2013 – ACLEDA Bank Plc., a leading commercial bank in Cambodia, and UnionPay International Co., Ltd. of China signed here on Apr. 22 a memorandum of understanding on payment services.

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Border Fair Promotes Cambodia-Vietnam Trade

AKP Phnom Penh, April 24, 2013 — A six-day border-trade fair in Vietnam’s southern province of An Giang to promote Cambodia-Vietnam trade, tourism and investment cooperation was wrapped up on Apr. 23, according to Vietnam News Agency (VNA).

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Cambodian-Thai Trade Ties Increase Despite Border Row

AKP Phnom Penh, April 23, 2013 – Cambodia’s Senior Minister and Minister of Commerce H.E. Cham Prasidh and his Thai counterpart H.E. Boonsong Teriyapirom met here on Apr. 22 for the 4th Meeting of Cambodia-Thailand Joint Trade Committee

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Industry and Handicraft Sectors Create Some 745,000 Jobs

AKP Phnom Penh, April 01, 2013 — Cambodia’s Minister of Industry, Mines and Energy H.E. Suy Sem said the country’s industry and handicraft sectors have so far created some 745,000 jobs.

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Hana Microelectronics (Cambodia) Limited Invests US$27 million in Koh Kong SEZ

AKP Phnom Penh, March 22, 2013 – Hana Microeconomics (Cambodia) Limited invested US$27 million to construct an electronic factory in Koh Kong Special Economic Zone (SEZ) which is expected to be finished in June 2014.

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Cambodia To Strengthen Export Diversification to Boost Economic Growth

AKP Phnom Penh, March 20, 2013 — Cambodia’s Deputy Prime Minister and Minister of Economy and Finance H.E. Keat Chhon has asked the Ministry of Commerce to strengthen the export diversification so as to boost the country’s sustainable economic growth.

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Indian Businessmen’s Interest in Investment in Cambodia

AKP Phnom Penh, March 20, 2013 — Indian businessmen are significantly interested in trade relation and investment in Cambodia while India’s investment volume remains small if compared with other countries in Cambodia.

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130 Chinese Investors Seek Investment Opportunities in Cambodia

AKP Phnom Penh, March 06, 2013 — Cambodian business leaders and Chinese entrepreneurs from Zhejiang province gathered here on Mar. 5 at Intercontinental Hotel in a symposium to explore opportunities to boost business relations between the

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Cambodia Launches National Arbitration Center

AKP Phnom Penh, March 06, 2013 – Cambodia’s Senior Minister and Minister of Commerce H.E. Cham Prasidh presided over here on Monday the Official Launch of the National Arbitration Center (NAC).

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Mall of Leading Electronic Brands in Phnom Penh Inaugurated

AKP Phnom Penh, March 04, 2013 – Committed to be ‘home of world’s leading electronic brands’, KTH Premium Power Mall was officially launched last Friday, Mar. 1 in Phnom Penh – targetting its market on the increasing number of middle-class Cambodians.

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