Tag: Cambodia

H&M consider leaving Cambodia due to EU trade sanctions

Mr. David Savman, head of production at H&M, said the company would do less business in Cambodia if the current EU trade benefits ended and named China and Indonesia as alternative sourcing countries. Mr. Savman was attending the Textile and Apparel SEA Summit in Phnom Penh last week when quoted by Reuters for saying that…

Carlsberg agreed to buy remaining share in Cambrew

Danish brewer Carlsberg reported third quarter sales topped forecasts thanks to a strong performance in Asia. Carlsberg’s sales in the third quarter came in at 18.5 billion Danish krones ($2.76 billion), above the 18.2 billion forecast by the 22 analysts in a poll compiled by Carlsberg. The company did not disclose earnings figures and maintained…

First Nordic Chamber meeting in Cambodia

The first get together meeting of the new Nordic Chamber of Commerce in Cambodia, was held last night, on Wednesday 1 March 2017, at restaurant Black Bambu in Phnom Penh. The organisers behind Nordic Chamber and the evening’s event were pleasantly surprised by the big show up. Around 50 people from local business, NGO’s and individuals…