Chem-Dry, a global carpet and upholstery and hard surface floor cleaning services provider based in Tennessee, has signed a Master Franchise agreement for Cambodia with Sokny Sao, an established business owner in the capital city of Phnom Penh.
Cambodia Tender and Business News
Cambodia is rapidly closing down freedoms in many walks of life in the country. Independent media is being shut down, and even a major opposition politician was arrested, apparently as a move to silence any challenges to the government.
Elections are coming up next year in Cambodia, but the Cambodian government is wasting no time to attempt to silence aid organizations and the media. Its first attacks included demands of immediate payment of massive tax debts by newspapers and radio stations, and an aid organization being given a week to leave the country.
Southeast Asia workers make up a major part of the migrant worker community internationally. Though the job pay may be good, access to justice is often out of reach for those workers, as they are threatened with everything from taking their passports to immediate deportation if they complain.
Cambodia's new public transportation system in Phnom Penh recently received a shipment of 98 Yutong buses. They are powered by China's Guangxi Yuchai Machinery Company Limited's (GYMCL) YC6G240-30 and YC4G180-30 engines.
Hitachi, a major provider of elevators throughout China, Asia and the Middle East, is now getting its chance to expand in the United Kingdom. It will do via its just announced acquisition of Temple Lifts, Ltd., a UK-based distribution and service provider for lifts.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.
Hitachi, Ltd. of Japan just announced the formation of a major joint venture, Hitachi Elevator (Cambodia) Co., Ltd. to support the rapidly-growing market needs of the Cambodian market.
The Japan International Cooperation Agency (JICA) has contracted with NEC Corporation to provide cyber-attack defense tools and training to six members of the Southeast Asian Nations (ASEAN) group.
Vietnam's Mekong Tourism Coordinating Office and the Mekong Business Initiative just announced a way to make it easier for innovative tourism businesses to gret established in Cambodia, Laos, Myanmar and Vietnam. It will all happen via their jointly-launched Mekong Innovative Startup Tourism (MIST) Initiative and the launch of two new startup accelerators.
With the Trans-Pacific Partnership (TPP) dying on the vine, the Regional Comprehensive Economic Partnership Agreement (RCEP) may take its place.
The Trans-Pacific Partnership Agreement (TTP) may for all practical purposes be dead, but the new Regional Comprehensive Economic Partnership (RCEP) agreement being negotiated this week could reinstate one of the worst parts of the TPP. RCEP would grant corporations the exclusive right to bypass domestic legal systems and sue governments at international tribunals whenever they feel government regulation can limit their profits.
In Kampong Speu province, when the wet weather doesn’t come, as in other parts of Cambodia, it can affect whether food goes on the dinner table.
Cambodia has launched a project to find ways to plan for climate resilience in long-term development planning in the region. UN-Habitat, Forum Syd, and Save the Earth Cambodia will be partners in the project.
A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.
Thailand-based Group Lease PCL, a SET-listed digital finance firm, just received its official license to operate in Indonesia. With that done, it is embarking on a new, major expansion in Indonesia which is expected to support substantial growth both in terms of revenue and net profits over the next five years.
Farming and agriculture may not seem cool to young people, but if they can learn the thrill of nurturing plants to produce food, and are provided with their favorite apps and communications software on agriculture, food insecurity will not be an issue, food and agriculture experts said during the Asian Development Bank (ADB)’s Food Security Forum from June 22 to 24 at the ADB headquarters in Manila, Philippines.
Plantations International, a Hong Kong headquartered company focusing on sustainable agriculture and forestry management services, has branched out by now offering a micro lending platform for low income farmers. It will be offered in selected countries in Asia, Central and South America and Africa during early roll outs.
The problem of children around the world being exposed to lead -- and the many medical consequences of that -- is still significant even in the 21st century. A study just published by New York University shows the annual economic cost of lead exposure at $977 billion worldwide, with ~$700 billion of that happening just within Asia.
According to a just released market study, the global total value of all airport construction projects is estimated at U.S. $637.8 billion. The biggest single chunk of that is in the Asia-Pacific region, with $224.1 billion or 35.1% of the total.
SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.
A new industry report forecasts future trends for the growing worldwide demand for cardiovascular needles. North Amnerica is expected to continue to lead demand for the products, but all regions are seeing increased demand.
The World Health Organization just issued its latest Zika Virus situation report, including maps showing the spread of the virus worldwide and recommendations for those who are or may become infected.
Persistence Market Research (PMR) has recently announced the publication of a market study on the global seasonings and spices market. On a global basis, Europe and Asia-Pacific dominate this market.