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Posts Tagged ‘Cambodia Business News’

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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CityLife is Cambodia’s premier FREE guide magazine, bringing good reading to all those in Phnom Penh and around town who like to keep their finger on their city’s pulse. Every two months, a glossy new volume of CityLife delivers fresh information on the best restaurants, bars, cafés, places, attraction, shop and many more in your neighborhoods and right across town. With its engaging feature stories, lively reviews and sparkling photography, CityLife has become the essential reference for countless Cambodia residents, business people and visitors.

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The majority owners of Cambodian mobile phone provider Mfone lost more than US$13 million in the Kingdom last year.

Pointing to the large number of mobile operators active in Cambodia, Thaicom said there was a “price war and intense competition in the market” in its annual report, which added an appreciating Thai baht as a factor in the loss.

The Bangkok-listed company claimed a loss of 405 million baht (US$13.2 million) in its Cambodia results for 2010, on revenues of 959 million baht.

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Click on the magazine to read or download

Publisher: Bonna group

Language: KhmerEnglish

Classification: Properties and invesments

Country: Cambodia

This magazine is published by Bonna Group through E-mail marketing and now it’s available here as an E-magazine (you can either download or read Online).

This magazine is free you can download from website or get hard copy from real estate agency bona group, from restaurants, cafe and coffee shop in Cambodia.

 

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Phnom Penh, Dec 23 : Police in Cambodia arrested a man claiming to be an adviser to US President Barack Obama and head of an international finance organisation that stores its assets in caves and sunken ships.

 

Ray Dam and associate Soush Saroeun were charged with forgery Monday after being arrested at Dam’s home in Phnom Penh. They were accused of forging documents alleging connections with HSBC Bank, the US government and the UN.

 

The pair had been operating a self-described international real-estate consultancy known as Asia Real Property out of modern offices in the Cambodian capital.

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Click on the magazine to read or download

Publisher: Bonna group

Language: Khmer, English

Classification: Properties and invesments

Country: Cambodia

This magazine is published by Bonna Group through E-mail marketing and now it’s available here as an E-magazine (you can either download or read Online).

This magazine is free you can download from website or get hard copy from real estate agency bona group, from restaurants, cafe and coffee shop in Cambodia.

Read Full Post »

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