Logo of Phnom Penh Post newspaper Phnom Penh Post - TIES TO ISRAEL: Chamber of commerce opens

TIES TO ISRAEL: Chamber of commerce opens

TIES TO ISRAEL: Chamber of commerce opens

TIES TO ISRAEL
The new Cambodia-Israel Chamber of Commerce, an organisation designed to strengthen economic ties, opened in Phnom Penh last week, one of its organisers said Tuesday. Bradley Gordon, founder of the law firm Gordon and Associates, described the chamber as one piece of a broader effort on the part of Israeli businesses to invest more heavily in Cambodia, with a focus on telecommunications, medical supplies, agriculture and green technology. Gordon said there were only a handful of members on both sides, but that there was much interest among Israeli businesses. Israel was Cambodia’s fourth-largest foreign investor in 2008, providing 2.75 percent of total investment, according to the Cambodian Investment Board.

MOST VIEWED

  • Government hits back at threats to pull EBA, suspend UN seat

    The spokesman for the ruling Cambodian People’s Party (CPP) has said the government is in no way concerned after the European Parliament gave it three months to reverse what it called the “systematic repression of the political opposition”. Ignoring the ultimatum could mean facing

  • Chinese influx pushing locals, Westerners out of Preah Sihanouk

    Some within the Kingdom’s tourism industry have speculated that the recent influx of Chinese visitors may hinder domestic tourism as the price of accommodations in the coastal city of Sihanoukville continues to rise. Preah Sihanouk province, which has become a hotbed for Chinese investment

  • Sar Kheng: Sokha requested security

    Interior Minister Sar Kheng on Sunday revealed the story behind the transfer of former opposition party leader Kem Sokha from Trapaing Phlong prison in Tbong Khmum province to his house in the capital. Speaking at the ruling Cambodian People’s Party (CPP) headquarters in Prey

  • ‘Dire consequences’ from sanctions, warns AmCham

    American businesspeople in Cambodia have warned that any sanction against the Kingdom would have “dire consequences” that could push Cambodia even further into the arms of China. In a letter to US senators and representatives dated Monday, the American Chamber of Commerce Cambodia (AmCham) said