Cambodia-Boost to pork industry

CAMBODIA – Local pork producers and agriculture officials are pressing ahead with plans to boost the local industry by improving processing facilities, cutting feed prices and cracking down on smuggling.
This year, the government set up additional border inspection points to stem the illegal flow of animals entering the country and is providing free veterinary services [...]

Cambodia’s small and medium enterprises struggle to secure funding

Expanding or modernising a small enterprise is made at a cost that few Cambodian entrepreneurs can afford, often deprived from any access to the funds that would allow them to launch various projects. Small and Medium Enterprises (SME) annually provide nearly a third of Cambodia’s gross domestic product but are still seen as the poor [...]

Cambodian retailers shaken by the after-effects of land speculation and economic crisis

In the middle of town or on the outskirts, in shopping centres or on little public market stalls, the sad diagnostic made by sellers is the same: for a few months now, business has been desperately slow. Already weakened by the consequences of the world economic crisis, Cambodia is experiencing the after-effects of several months [...]

Vietnam-Cambodia trade hit US$1.7 billion in 2008

Two-way trade between Vietnam and Cambodia hit nearly US$1.7 billion in 2008, an increase of US$400 million from a year earlier, according to the Vietnamese Trade office in Phnom Penh.
Of the total figure, Vietnam exported US$1.45 billion worth of goods to Cambodia, the office said on January 10.
Between 2004-08, the volume of Vietnamese goods exported [...]

Cambodian gov’t urged to invest more in agricultural sector

PHNOM PENH, Jan. 2 (Xinhua) – A well-known expert has called on the Cambodian government to devote more resources to the rural sector in efforts to mitigate the effects of the global economic crisis, the Phnom Penh Post reported on Friday.
While the tourism and garment sectors continue to struggle for access to international markets during [...]

Businesses and entrepreneurs from Laos, Cambodia and Vietnam to be honoured

An awards ceremony for outstanding businesses and entrepreneurs from Laos, Cambodia and Vietnam will be held on January 18, 2009, according to the Vietnam Association of Small and Medium-sized enterprises (Vinasme).
According to the organizing board, the awards will be presented to successful businesses and entrepreneurs from Laos, Cambodia and Vietnam for their remarkable achievements in [...]

Economic Downturn Felt in Cambodian Stores

As the global economy continues to worsen, vendors in Cambodia say their daily business has begun to suffer.
At the Red Moon restaurant, behind the Hotel Inter-Continental on Mao Tse Toung Boulevard, owner Nhem Sothear lamented the fall in his guest numbers.
“I’ve seen a 20 percent to 30 percent reduction from the rate before,” he said [...]

Textile, apparel industry wants sops only for a few months

NEW DELHI: Amidst the spectrum of industry facing bad times, this is the odd one out. The textile and apparel industry has refused to be cowed
down by the global meltdown and is, in fact, viewing an opportunity at a time when everyone is into cost cutting.
Representatives of the textile and apparel industry, employing nearly 35 [...]

Bird flu threatens poultry sales in Cambodia at New Year

PHNOM PENH, Dec. 16 (Xinhua) — Cambodian poultry vendors feared the latest case of bird flu would once again hit demand for chickens and ducks, just weeks before the Chinese New Year when they traditionally make their biggest sales, national media reported Tuesday.
Vendors in Phnom Penh told the Cambodia Daily that [...]

Aid Money Urged for Development

The $1 billion in foreign aid promised to Cambodia earlier this month should go into the hands of the people and their communities, addressing government policies, a community leader said Monday.
“Poverty reduction is not what the government’s policy is,” said Sok Heng, a minority representative from Oddar Meanchey province, as a guest on “Hello VOA.”
Joined [...]