[PHNOM PENH POST]
Big Asian retailer Dairy Farm Group has formed a joint venture with
Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and
Lucky Burger, according to an announcement yesterday.
LMG, which
opened its first supermarket in 1993, will join a stable of brands
already controlled by Dairy Farm, including Cold Storage, Giant and
Guardian in Malaysia and Hero in Indonesia.
“Many Cambodians grew
up expecting quality products and food from our businesses all these
years,” LMG executive chairman Heng Hang Meng said in the statement.
“I
am confident our joint venture with the Dairy Farm, a leading pan-Asian
retailer, will continue to deliver to our loyal Cambodian patrons with
premium products and services.”
The joint venture, DFI Lucky
Private Limited, was effective March 8, the announcement said, but no
other details of the agreement were disclosed.
Showing posts with label Consumer Goods. Show all posts
Showing posts with label Consumer Goods. Show all posts
March 7, 2012
National products chase GI recognition
[PHNOM PENH POST]
A lack of funds would prevent Cambodia registering some of the country’s specialty products as geographic indications (GI), a form of international recognition that has boosted the sales of other domestic products such as Kampong Speu palm sugar.
The government would like to see Siem Reap prahok, or fermented fish paste, Cambodian silk and rice, as well as Kampot durian, listed with internationally known products such as France’s champagne and Thailand’s jasmine rice.
GI status would protect the rights of the product under international trade law, but Ministry of Commerce secretary of state Mao Thora said the high prices associated with the process would prevent the products gaining recognition, at least for now.
“The project is stuck because we cannot find the money to do it. This integration with a geographic identity is very important for the value of the products,” he said.
A lack of funds would prevent Cambodia registering some of the country’s specialty products as geographic indications (GI), a form of international recognition that has boosted the sales of other domestic products such as Kampong Speu palm sugar.
The government would like to see Siem Reap prahok, or fermented fish paste, Cambodian silk and rice, as well as Kampot durian, listed with internationally known products such as France’s champagne and Thailand’s jasmine rice.
GI status would protect the rights of the product under international trade law, but Ministry of Commerce secretary of state Mao Thora said the high prices associated with the process would prevent the products gaining recognition, at least for now.
“The project is stuck because we cannot find the money to do it. This integration with a geographic identity is very important for the value of the products,” he said.
February 15, 2012
Vietnamese goods succeed in Cambodian market
[Tuoitrenews.vn]
Vietnamese goods have won favour in the Cambodian market for their quality and reasonable prices, said Phan Van Chinh, Director of the Import-Export Department under the Ministry of Industry and Trade.
He further said that 2012 is expected to open up many opportunities for Vietnamese enterprises to boost exports as the Cambodian economy is recovering quickly and the investment environment is more favourable.
In 2011, Vietnam was among Cambodia ’s leading trade partners, with 2.4 billion USD exports to Cambodia , up 53 percent. Two-way trade turnover between the two countries reached 2.8 billion USD.
Vietnam also led other ASEAN nations investing in Cambodia in 2011, with 631 million USD out of the total of 880 million USD from the bloc, according to statistics of the Cambodian Development Council (CDC).
Vietnam has 50 projects in the neibouring country, focusing on rubber plantations and processing, telecoms, tourism, garment and mining.
Many Vietnamese banks have opened branches in Cambodia , effectively supporting Vietnamese investors in this country. They are Agribank, BIDV, Sacombank , MB bank and SHB bank.
Vietnamese goods have won favour in the Cambodian market for their quality and reasonable prices, said Phan Van Chinh, Director of the Import-Export Department under the Ministry of Industry and Trade.
He further said that 2012 is expected to open up many opportunities for Vietnamese enterprises to boost exports as the Cambodian economy is recovering quickly and the investment environment is more favourable.
In 2011, Vietnam was among Cambodia ’s leading trade partners, with 2.4 billion USD exports to Cambodia , up 53 percent. Two-way trade turnover between the two countries reached 2.8 billion USD.
Vietnam also led other ASEAN nations investing in Cambodia in 2011, with 631 million USD out of the total of 880 million USD from the bloc, according to statistics of the Cambodian Development Council (CDC).
Vietnam has 50 projects in the neibouring country, focusing on rubber plantations and processing, telecoms, tourism, garment and mining.
Many Vietnamese banks have opened branches in Cambodia , effectively supporting Vietnamese investors in this country. They are Agribank, BIDV, Sacombank , MB bank and SHB bank.
High-end retailers find new market
[PHNOM PENH POST]
The latest clothing styles from Paris and Barcelona were rare finds in Phnom Penh stores five years ago.
But Cambodia’s growing middle class has brought with it shoppers more willing to fork out cash for expensive threads, name-brand clothing retailers say.
Per-capita gross domestic product in current US dollars increased about 70 per cent between 2006 and 2011, according to Ministry of Economy and Finance estimates.
The trend is translating into more shoppers at the increasing number of name-brand clothing shops on Sihanouk Boulevard, near the capital’s Independence Monument.
But Cambodia’s growing middle class has brought with it shoppers more willing to fork out cash for expensive threads, name-brand clothing retailers say.
Per-capita gross domestic product in current US dollars increased about 70 per cent between 2006 and 2011, according to Ministry of Economy and Finance estimates.
The trend is translating into more shoppers at the increasing number of name-brand clothing shops on Sihanouk Boulevard, near the capital’s Independence Monument.
February 14, 2012
Cambodian products get quality certified
[PHNOM PENH POST]
About 60 Cambodian-made products have received the official Cambodian Standards (CS) stamp, officials said yesterday.
Ping Sivlay, director general of the Institute of Standards of Cambodia, which designates the stamps, said most of the products were foodstuffs and that 40 additional products were still awaiting approval.
Product owners initially had to pay US$100 for the CS mark, signifying that their goods were meeting the standard.
That fee was changed about five months ago, however, when the Ministry of Economy and Finance issued a new prakas to raise the price to $200 for a three-year CS stamp, Ping Sivlay said.
He added that increasing the price has discouraged craftsmen, especially when they look at other countries and realise that stamping prices are cheaper. Still, some choose to pursue it, he said. “What they want is to see their products following a standard that makes customers have confidence.”
About 60 Cambodian-made products have received the official Cambodian Standards (CS) stamp, officials said yesterday.
Ping Sivlay, director general of the Institute of Standards of Cambodia, which designates the stamps, said most of the products were foodstuffs and that 40 additional products were still awaiting approval.
Product owners initially had to pay US$100 for the CS mark, signifying that their goods were meeting the standard.
That fee was changed about five months ago, however, when the Ministry of Economy and Finance issued a new prakas to raise the price to $200 for a three-year CS stamp, Ping Sivlay said.
He added that increasing the price has discouraged craftsmen, especially when they look at other countries and realise that stamping prices are cheaper. Still, some choose to pursue it, he said. “What they want is to see their products following a standard that makes customers have confidence.”
February 6, 2012
Korean pizza franchise arrives in the Reap
[PHNOM PENH POST]
Pizza. It’s a contentious issue here in Siem Reap. Everyone has their
favourite joint. Thin crust or deep pan, New York or Rome, marinara or
calzone – and that’s before we even get to the cheese.
So amid the rivalry and pizza toppings, a new kid on the block is vying for the title of your fave. Pizza Hand is a franchise that’s big in Korea, and Jaesoon Kim is hoping it will take off in the Kingdom.
The new Siem Reap branch, on Samdech Tep Vong Street at the Central Market, is the second in Kim’s mini empire, with his first endeavour opening in Battambang last year.
Despite describing itself as an “Italian Family Restaurant,” the menu has a decidedly Asian flair. Alongside pepperoni and Hawaiian pizza toppings are bulgogi (a Korean marinated meat dish) and shrimp.
Sweet potato also features heavily on the menu, as a topping and a crust with the "Sweet Potato Byte" (potato-stuffed crusts) coming recommended.
So amid the rivalry and pizza toppings, a new kid on the block is vying for the title of your fave. Pizza Hand is a franchise that’s big in Korea, and Jaesoon Kim is hoping it will take off in the Kingdom.
The new Siem Reap branch, on Samdech Tep Vong Street at the Central Market, is the second in Kim’s mini empire, with his first endeavour opening in Battambang last year.
Despite describing itself as an “Italian Family Restaurant,” the menu has a decidedly Asian flair. Alongside pepperoni and Hawaiian pizza toppings are bulgogi (a Korean marinated meat dish) and shrimp.
Sweet potato also features heavily on the menu, as a topping and a crust with the "Sweet Potato Byte" (potato-stuffed crusts) coming recommended.
Rising demand for Kingdom’s lobsters
[PHNOM PENH POST]
Cambodian lobster farmers will attempt to boost their yields this year as they try to keep up with increasing demands for the crustacean, officials at lobster hatcheries said.
Prum Vath, a lobster farmer in the Angkor Borei district of Takeo, told the Post yesterday that he sold 700,000 lobsters last year, a 150 per cent increase over 2010 when he sold only 200,000.
To keep up with fast-rising demands, he hopes to hatch a million of the home-grown crustaceans by the end of this year.
“The Cambodian markets [for lobster] are expensive and somewhat scarce,” he said.
“Big-scale aquaculture does not yet exist.”
According to reports from late 2011 by Nao Thouk, director general of Cambodia’s Fishery Administration, current Cambodian market demands for lobster reach up to 1,000 tonnes per year, while annual domestic supplies barely stretched to 100 tonnes.
The biggest lobsters now fetch about US$35 per kilo, while smaller specimens cost about $28-30 per kilo, Prum Vath said.
Cambodian lobster farmers will attempt to boost their yields this year as they try to keep up with increasing demands for the crustacean, officials at lobster hatcheries said.
Prum Vath, a lobster farmer in the Angkor Borei district of Takeo, told the Post yesterday that he sold 700,000 lobsters last year, a 150 per cent increase over 2010 when he sold only 200,000.
To keep up with fast-rising demands, he hopes to hatch a million of the home-grown crustaceans by the end of this year.
“The Cambodian markets [for lobster] are expensive and somewhat scarce,” he said.
“Big-scale aquaculture does not yet exist.”
According to reports from late 2011 by Nao Thouk, director general of Cambodia’s Fishery Administration, current Cambodian market demands for lobster reach up to 1,000 tonnes per year, while annual domestic supplies barely stretched to 100 tonnes.
The biggest lobsters now fetch about US$35 per kilo, while smaller specimens cost about $28-30 per kilo, Prum Vath said.
January 29, 2012
Tomato Café
[LIFT Magazine]
While globalisation continues to spur rapid development in the Kingdom,
Cambodians are becoming increasingly likely to adopt foreign styles.
Many have changed the way they dress, eat and even think. Consequently,
there are many foreign investments continuing to arrive in town,
including Western-style fashion shops and restaurants.
Along the busy Tep Pond Blvd, where swarms of people pass by, a new Western café opened just last week. Tomato Café, owned by a Cambodian-New Zealander’s family and relatives, is open every day from the early morning until 9pm.
Along the busy Tep Pond Blvd, where swarms of people pass by, a new Western café opened just last week. Tomato Café, owned by a Cambodian-New Zealander’s family and relatives, is open every day from the early morning until 9pm.
January 17, 2012
Beer makers binge on ads
[PHNOM PENH POST]
Whether it is dancing pop stars or plays on national pride, dramatically
increasing budgets for beer advertising took Cambodia’s TV sets and
public spaces by storm in 2011.
Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it one of the fastest-growing areas in Cambodian advertising.
Beer companies spent more than US$5 million on advertising in Cambodia in 2011, $1 million more than ads for cars or food products – and insiders say the beer ad figure is set to continue to increase this year.
Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it one of the fastest-growing areas in Cambodian advertising.
Beer companies spent more than US$5 million on advertising in Cambodia in 2011, $1 million more than ads for cars or food products – and insiders say the beer ad figure is set to continue to increase this year.
December 23, 2011
Ly Yong Phat mill’s sugar to reach market in March
[PHNOM PENH POST]
CAMBODIA’S second sugar mill plans to sell its product in the domestic market early next year, a company official said.
A representative from Phnom Penh Sugar Company, which is owned by Cambodian People’s Party senator Ly Yong Phat, said the Kampong Speu sugar mill is 80 per cent complete and the first sales are expected in March.
“The main market will be inside Cambodia,” representative Chheang Kimsruon said, adding that Phnom Penh Sugar will sell at cheaper prices than those of imported sugar.
Cambodia imported 23.7 million kilograms of sugar from Thailand, Hong Kong, Vietnam and Malaysia in 2010, totalling US$5.8 million, according to the Ministry of Commerce. Figures for 2011 were not yet available, ministry officials said this week.
CAMBODIA’S second sugar mill plans to sell its product in the domestic market early next year, a company official said.
A representative from Phnom Penh Sugar Company, which is owned by Cambodian People’s Party senator Ly Yong Phat, said the Kampong Speu sugar mill is 80 per cent complete and the first sales are expected in March.
“The main market will be inside Cambodia,” representative Chheang Kimsruon said, adding that Phnom Penh Sugar will sell at cheaper prices than those of imported sugar.
Cambodia imported 23.7 million kilograms of sugar from Thailand, Hong Kong, Vietnam and Malaysia in 2010, totalling US$5.8 million, according to the Ministry of Commerce. Figures for 2011 were not yet available, ministry officials said this week.
December 13, 2011
5 Phnom Penh restaurants where you can eat ethically
[GADLING]
In Cambodia,
Phnom Penh is known for its great restaurants. And since many of the
city's eateries are run by NGOs or function as social enterprises –
companies that operate for profit while providing a social benefit –
it's easy to combine social responsibility with sustenance. Here, a
sampling of Phnom Penh restaurants that allow you to eat ethically.
Friends Restaurant
As the name implies, Friends is a popular, cheerful café run by local non-profit Mith Samlanh, in partnership with international NGO Friends International. Street children and other marginalized youth are trained in every aspect of running a restaurant in Phnom Penh, from cooking to serving to management. Many move on to higher-paying hospitality jobs, or start small enterprises of their own.
Try: Delicious fresh fruit shakes in off-beat combinations.
#215, Street 13
Friends Restaurant
As the name implies, Friends is a popular, cheerful café run by local non-profit Mith Samlanh, in partnership with international NGO Friends International. Street children and other marginalized youth are trained in every aspect of running a restaurant in Phnom Penh, from cooking to serving to management. Many move on to higher-paying hospitality jobs, or start small enterprises of their own.
Try: Delicious fresh fruit shakes in off-beat combinations.
#215, Street 13
December 5, 2011
Local boss using his noodle
[PHNOM PENH POST]
Men Sarun Powder Factory – Cambodia’s first and only domestic noodle
producer – began operations in 2008. Since then, the company has
doubled its workforce and now employs 120 people. The factory produces
364,000 packages of noodles a day.
Phnom Penh Post reporter Sieam Bunthy interviewed general director Linh Than about the company’s development process and its plans.
What prompted the establishment of your company?
We saw that packaged instant noodle products were yet to be produced domestically, and most Cambodians like eating instant noodles. Another reason is that the factory helped create jobs for people and increased local income standards.
Phnom Penh Post reporter Sieam Bunthy interviewed general director Linh Than about the company’s development process and its plans.
What prompted the establishment of your company?
We saw that packaged instant noodle products were yet to be produced domestically, and most Cambodians like eating instant noodles. Another reason is that the factory helped create jobs for people and increased local income standards.
November 28, 2011
[Thai] Singha's Indochina beer push
[BANGKOK POST]
Singha Corporation plans to enter Indochina's beer market in earnest next year.
Two months ago, the company appointed group marketing manager Piti Bhirom Bhakdi as the first regional marketing director to look after the Indochinese market.
"Singha beer has been sold in Indochina through border trade for many years," said Mr Piti, "but now it's the right time to seriously expand our business in those countries on our own. We have unofficial sales teams in South China and Vietnam, a marketing team in Malaysia, and sales and marketing teams in Burma, Cambodia and Laos."
The Thai brewer will set up offices in the region next year, beginning with Burma and Cambodia, two places that could set sales records for Singha and Leo beer. Singha plans two offices in Cambodia.
Two months ago, the company appointed group marketing manager Piti Bhirom Bhakdi as the first regional marketing director to look after the Indochinese market.
"Singha beer has been sold in Indochina through border trade for many years," said Mr Piti, "but now it's the right time to seriously expand our business in those countries on our own. We have unofficial sales teams in South China and Vietnam, a marketing team in Malaysia, and sales and marketing teams in Burma, Cambodia and Laos."
The Thai brewer will set up offices in the region next year, beginning with Burma and Cambodia, two places that could set sales records for Singha and Leo beer. Singha plans two offices in Cambodia.
November 21, 2011
Food products flow to Cambodia following floods
Traders have blocked the Vinh Te canal at the Tinh Bien border gate in An Giang Province, waiting to buy rice from local farmers before heading to Cambodia, Sai Gon Tiep Thi reported.
They said demand for rice is very high in Cambodia and Thailand, both of which have been affected by devastating floods.
“Local farmers are happy since they can sell at good prices,” Nam Nhon, a trader in Chau Doc town, said.
He added that traders from Can Tho city, Vinh Long and An Giang provinces flock to Tinh Bien every day to collect rice.
Villa Kiara team opens fusion food restaurant
[PHNOM PENH POST]
Danielle and Laurent Baldini are one busy couple. Not only do they run
the quaint boutique hideaway Villa Kiara, have a hand in the two-for-one
pizza-doling machine Kholene, and a consultation role with the Royal
Bay Inn, but they've also taken on the hotel's neighbour, former French
eatery L'Escale, and turned it into a fusion venue, Cassia.
"Laurent used to be executive chef at the Royal Bay Inn," said Danielle. "I worked here before and was asked back to help with management. Then the owner of L'Escale left in August quite suddenly, so the hotel was left with a new operation to rent. It kind of just happened, so we don't know yet where exactly it's going to go."
With Laurent as chef and Danielle taking on operational duties, the couple runs Cassia as a separate business in partnership with the Royal Bay.
"Laurent used to be executive chef at the Royal Bay Inn," said Danielle. "I worked here before and was asked back to help with management. Then the owner of L'Escale left in August quite suddenly, so the hotel was left with a new operation to rent. It kind of just happened, so we don't know yet where exactly it's going to go."
With Laurent as chef and Danielle taking on operational duties, the couple runs Cassia as a separate business in partnership with the Royal Bay.
November 17, 2011
Ashland Inc. : Valvoline(TM) names Cambodian distributor; expands product awareness and availability
[REUTERS]
PHNOM PENH, Cambodia -To better serve the growing demand for its products, the Valvoline(TM) brand is pleased to announce the appointment of V.H.K Business Group Co., Ltd. as its new distributor in Cambodia effective immediately. The world's oldest motor oil brand, Valvoline is already a highly visible product line at more than 150 outlets in Phnom Penh, Siem Reap and other locations across the country, where it has been selling for more than five years. The selection of V.H.K. Business Group, a strong local distributor, will enable expanded introduction of Valvoline products to a broad motoring public looking for the quality and dependability of this leading and pioneering international brand.
The initial focus will be on spreading the awareness and availability of top grade Valvoline products including full synthetic SynPower(TM) motor oil that provides the highest level of protection against heat, deposits and wear; DuraBlend(TM) motor oil, which offers a premium blend of synthetic and conventional base oils, plus advanced additive technology, for added protection against severe driving; and CI-4 PLUS diesel engine oil, built with greater wear protection, more thermal stability, improved oxidation control and increased soot-handling capabilities.
PHNOM PENH, Cambodia -To better serve the growing demand for its products, the Valvoline(TM) brand is pleased to announce the appointment of V.H.K Business Group Co., Ltd. as its new distributor in Cambodia effective immediately. The world's oldest motor oil brand, Valvoline is already a highly visible product line at more than 150 outlets in Phnom Penh, Siem Reap and other locations across the country, where it has been selling for more than five years. The selection of V.H.K. Business Group, a strong local distributor, will enable expanded introduction of Valvoline products to a broad motoring public looking for the quality and dependability of this leading and pioneering international brand.
The initial focus will be on spreading the awareness and availability of top grade Valvoline products including full synthetic SynPower(TM) motor oil that provides the highest level of protection against heat, deposits and wear; DuraBlend(TM) motor oil, which offers a premium blend of synthetic and conventional base oils, plus advanced additive technology, for added protection against severe driving; and CI-4 PLUS diesel engine oil, built with greater wear protection, more thermal stability, improved oxidation control and increased soot-handling capabilities.
Cambodia: Phnom Penh's beer scene is chugging away
[Los Angeles Times]
Microbreweries and beer gardens are making inroads in Phnom Penh as the taste for hops keeps growing.
November 20, 2011 -- Reporting from Phnom Penh, Cambodia— Cambodia might not rank among the world's brewery or beer garden capitals, but change is coming.
From its setting on the banks of the Tonle Sap river, Kingdom Breweries, Phnom Penh's newest boutique producer, is gearing up to give local brands Anchor and Angkor a run for their riel, using only the best German and Czech hops, premium German malt and top-quality water to produce the brand's flagship pilsner.
From its setting on the banks of the Tonle Sap river, Kingdom Breweries, Phnom Penh's newest boutique producer, is gearing up to give local brands Anchor and Angkor a run for their riel, using only the best German and Czech hops, premium German malt and top-quality water to produce the brand's flagship pilsner.
November 11, 2011
Aeon to open outlet in Cambodia as 1st Japanese retailer
[The Mainichi Daily News]
TOKYO (Kyodo) -- Aeon Co. said Wednesday it will open a shopping mall in Phnom Penh around 2014 as the first Japanese retailer to make its foray into Cambodia, in expectation of the Southeast Asian country's economic growth.
Aeon said it has set up a local subsidiary to operate the facility and will start construction in 2012 in the central area of the Cambodian capital Phnom Penh.
The mall, which will have an expected floor space of about 100,000 to 150,000 square meters, about the same as Aeon's malls in Japan, will house the Aeon supermarket as well as specialty stores from Cambodia, surrounding countries and Japan, it said.
Aeon has already opened stores in China, Thailand and Malaysia, and is now considering having its affiliated building management firm expand business to Asia, with its debut in Cambodia.
TOKYO (Kyodo) -- Aeon Co. said Wednesday it will open a shopping mall in Phnom Penh around 2014 as the first Japanese retailer to make its foray into Cambodia, in expectation of the Southeast Asian country's economic growth.
Aeon said it has set up a local subsidiary to operate the facility and will start construction in 2012 in the central area of the Cambodian capital Phnom Penh.
The mall, which will have an expected floor space of about 100,000 to 150,000 square meters, about the same as Aeon's malls in Japan, will house the Aeon supermarket as well as specialty stores from Cambodia, surrounding countries and Japan, it said.
Aeon has already opened stores in China, Thailand and Malaysia, and is now considering having its affiliated building management firm expand business to Asia, with its debut in Cambodia.
November 9, 2011
Brush-off for cure-all toothpaste
[PHNOM PENH POST]
Senior officials at the Ministry of Information this week demanded the
halt of a toothpaste advertising campaign that promised not only whiter
teeth, but to cure skin and liver diseases, as well as cancer.
The product, however, was never registered with the Ministry of Health.
Advertising for Heng Bora Company’s HBR toothpaste claimed that it relieved high blood pressure, nose infect-ions, liver disease and even physical disabilities.
The product could also be rubbed on the skin as a balm, according to the advertising.
The product, however, was never registered with the Ministry of Health.
Advertising for Heng Bora Company’s HBR toothpaste claimed that it relieved high blood pressure, nose infect-ions, liver disease and even physical disabilities.
The product could also be rubbed on the skin as a balm, according to the advertising.
Cambodia's fashionable rebels
On the face of it, this is an unlikely venue for youthful insurrection.
This nondescript, low-rise building in Cambodia's capital was, until recently, a slightly shabby supermarket. But where the shelves of food and household goods once stood, the rag trade has taken over.
This is what the rebels have come for. You shall know them by the brevity of their skirts and the blondness of their hair.
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