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Archive for June, 2012

Mass production of the Angkor Car—the first automobile to be designed and made in Cambodia-will be pushed back six months until December due to technical difficulties with starting the engine and opening the doors, the car’s designer said yesterday.

The Angkor Car, which runs on an electric engine and is just slightly longer than it is wide, was designed by Nhean Phaoek and will come with a starting price tag of $5,000 once it goes on sale.

Mr.Phaloek designed the miniature car for his family back in 2000, partnering with the local firm Heng Development in July 2010 to find investors for the project. In March 2011, his vision to mass-produce the car became a reality after inking a deal with Chau Leong Enterprise Group, a Hong Kong-based electical appliance firm, to build a factory in Takhmao City and produce the automobiles.

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SINGAPORE- Apple Inc. said yesterday it has launched its iTunes online store in Cambodia and 11 other Asian territories, including Hong Kong and Singapore, making it easier for customers in the region to buy and download music and videos. While Asian users of Apple’s iPhones and iPads are able to download applications such as the popular “Angry Birds”game, they have gift cards issued in the countries such as the U.S. and Britain. Asia is an increasingly important market to Apple—operating revenue doubled in the past quarter year on year, surpassing Europe, But previously only users in Australia, Japan and New Zealand in the Asia Pacific region could buy and download music and video, due to restrictions related to copyright and licensing issues. Apple made no mention of China, its biggest market after the U.S., where users can only access apps, and free content like podcasts. The other Asian territories are Brunei, Laos, Macau, Malaysia, Philippines, Thailand, Sri Lanka, Taiwan and Vietnam.

 

Source Accordance: Cambodia’s daily news

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U.S Fast-food giant Burger King could soon be serving up the first “Whoppers” in Cambodia, while and overseas firm has begun recruiting local staff to work for the chain, the businessman behind the franchise investment said yesterday.

Local garment factory owner Sok Hong, who is board member at Sokimex Group and the son of Sokimex chairmen Sok Kong, said that he is involved in talks to open Burger King restaurants in Cambodia.

“We don’t know when we will start yet,” Mr. Hong said. “We are studying it.”

Mr.Hong said his restaurant chain plan was no linked to his father’s well-known conglomerate Sokimex, but he declined to give any other further details.

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Cambodia will not meet the World Trade Organization’s (WTO) deadline to enforce copyright laws by 2013 and will likely ask for an extension, an official at the Ministry of Commerce said yesterday.

The deadline was already extended once by the WTO in 2005 after it became apparent that Cambodia and other less developed countries would not be able to implement laws preventing the sale of counterfeit goods.

Sex-and-half years later, fake Louis Vuitton handbags, imitation Davidoff colognes and illegally copied video games and DVDs are still readily available in most market in Phnom Penh.

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