Tuesday, 7 April 2009

The Phnom Penh Post News In Briefs

In Brief: First Swatch outlet open

Written by Hor Hab
Tuesday, 07 April 2009

SWATCH, the Swiss brand of watches, will be available in Cambodia for the first time by distributor K Thong Huot Telecom, the local distributor of Nokia mobile phones. Yoeun Makara, acting retail sales manager, said that Swatch watches would fill a market niche in the Kingdom. "We believe that there is a strong market for Swatch watches in Cambodia as it appeals to the young and trendy," he told reporters Monday at the launch of the first Swatch outlet on Monireth Boulevard.


In Brief: Toyoya plans expansion

Written by Nguon Sovan
Tuesday, 07 April 2009

JAPANESE car giant Toyota is planning a US$6 million expansion in Cambodia over the next two years in the face of falling domestic sales, according to its local distributor. "We still commit to expanding our sales to bring us closer to provincial customers," Kong Nuon, president of TTHK Co, the sole distributor of Toyota in Cambodia, said in a press briefing Sunday. Further showrooms will be opened in cities including Battambang and Siem Reap, he added. Toyota expects to sell 750 vehicles this year, down from 1,100 in 2008.

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