Slow rubber market puts law on back burner Palm sugar hits a sweet spot

25 June 2015

Exports of Kampong Speu palm sugar with geographical indication status increased sharply this year thanks to growing demand from South Korea and France. It has reached 75 tons this year, an increase of 50% compared to the same period last year. The orders came in at around 35 tons with the rest of the exports going mainly to the European Union, Japan and the United States.

Source:

http://www.phnompenhpost.com/business/palm-sugar-hits-sweet-spot

Acleda adds $40M to expand operations

25 June 2015

Acleda Bank was infusing $40 million to add to its current capital of $226 million, as it looks to expand domestic and foreign operations and keep up with the rising demand for credit in the Kingdom. Cambodia has 35 commercial banks and nine specialised bank by the end of 2014 with total loan portfolios of more than $9 billion.

Source:

http://www.phnompenhpost.com/business/acleda-adds-40m-expand-operations

SEA mobile games revenue to hit US$7bil by 2019: Frost & Sullivan

25 June 2015

THE mobile games industry in South-East recorded impressive growth and reached over US$1 billion in revenue in 2014. South-East Asia will definitely be an exciting gaming market to watch in 2015. The region is home to over 600 million potential gamers, economies are growing and disposable income is rising.

Source:

https://www.digitalnewsasia.com/mobile-telco/sea-mobile-games-revenue-to-hit-usd7bil-by-2019-frost-sullivan

Slow rubber market puts law on back burner

24 June 2015

The Ministry of Agriculture, Forestry and Fisheries has postponed the finalization of a draft rubber law amid declining rubber prices. “It is not a good time to put more regulations or requirements for producers to follow.” The price of rubber has declined from $4,500 per tonne on average in 2011 to between $1,800 and $2,000 per ton in 2013 up to now.

Source:

http://www.phnompenhpost.com/business/slow-rubber-market-puts-law-back-burner

Cambodia, the Philippines Sign MoU on Cultural Cooperation

24 June 2015

Cambodia and the Philippines reached here yesterday a memorandum of understanding (MoU) on cultural cooperation to enhance the culture, to protect the artistes’ interests and to promote the cultural exchange between both nations.

Source:

http://www.akp.gov.kh/?p=64728

Cambodia-China Trade to Top $5 Billion by 2017

24 June 2015

Bilateral trade between China and Cambodia will be worth more than $5 billion by 2017, up from $3.75 billion last year. As China’s economy continues to expand, bilateral trade between Cambodia and China is likely to increase more quickly than trade between Cambodia and Western countries.

Source:

https://www.cambodiadaily.com/business/cambodia-china-trade-to-top-5-billion-by-2017-86222/

French Embassy To Host French Cambodian MEDTECH Seminar and Business Meetings Today

19 June 2015

The Embassy of France and the Agency BUSINESS FRANCE, will host the French Cambodian MEDTECH Seminar today at the embassy in Phnom Penh. The opportunity to seven French companies to promote their medical technologies to potential local partners. Business meetings will also take place after the seminar, between French companies and local partners/customers, concluded the joint press release.

Source:

http://www.akp.gov.kh/?p=64225