Uong Ratana
The Phnom Penh Post
The Cambodian market has high potential. It is located in a very important geographical location.
JAPANESE electronic giant Panasonic launched its first representative office in Cambodia on Saturday, identifying it as a market with “high potential”.
Ikuo Miyamoto, managing executive officer of Panasonic Corporation, highlighted the Kingdom’s “young and dynamic” workforce and praised the government’s encouragement of foreign investment during a meeting at Phnom Penh’s Intercontinental Hotel.“I strongly feel the great potential of significant growth that Cambodia will perform in the near future,” he said, according to a transcript of the speech.
“The Cambodian market has high potential. It is located in a very important geographical location between Thailand and Vietnam ... That is why Panasonic has decided to open a representative office here ahead of its competitors,” he said.
“Today is the new first step for Panasonic in Cambodia. We will strive to maximize our efforts to carry out locally-oriented management, ” he added.
The company claims to have garnered a 68-percent market share of air conditioner unit sales in the Kingdom last year.
Panasonic also aims to introduce new products and provide an “after care servcies” for its Cambodian customers in the near future.
Keo San, director of San International Co Ltd, which has imported and distributed Panasonic air conditioning units since the early 1990s said that sales had grown since its launch.
“At the beginning, sometimes we could not sell even one a month, but now, our sales are better,” he said, refusing the give specific or assumed figures because of competition concerns.
Hidehiko Kondo, who is a representative from Panasonic’s new Cambodia office, emphasised to The Post the company’s position for growth.
He said that even though there had been some success in selling to Cambodia, the market was still small due to limited numbers of households with access to electricity.
Panasonic aims to mainly target customers in Phnom Penh, he said.
The new office is located on Street 120, in Daun Penh district, Phnom Penh.
12 comments:
Sam rainsy I feel sorry to those who used to believed in you.
if we consider the statistice or or national census, we have about 5,7 millions population in 1980. for every 20 years it doulbe the number, now 32 years it about 14 million it just right fiquer. yes there are some veitnamese lived in Cambodia but, if like you said 5 million it must 1 of them live next to every Cambodian house, please give sense of fairness. Being exagerate in politice or in convincing some one, smart people they don't do that, wasn't it right? people will find out some day it make you looked like you are a lier. do you have any concret profe or absolut profe to me does Sam rainsy he truly a Khmer compatriot? really? Now looke into the Past, any one heard about Sam rainsy durring darknese period from 1975 to 1992, Sam Rainsy he graduated in 1978, he knew everything happen in cambodia, why we never heard about him. Just say the truth okay, Sam is chinese, chinese Sam is Chines not khmer he try all posible tools to get power and robe more money from Khmer, all of you in here, you should see the only way Khmer compatriot does to his nation is those who build school and educate people, bring peace safty, build strong economy, strong miltary, try to get more invester, and give deriction to security food suply and build more hospital or health care services, now you see who is the traitor and who is the Khmer compatriat, don't you see? thank you for let me know that most believer in SRP are people who have no vission and never responsible anythings they do, and you are one of them. don't you?. sorry for any gentlemen who read this article
6:41AM,
Why are you so retarded. Why is Mr. Sam Rainsy related to this openning of Pannasonic office in PP??
Tell me some real logic please. I'm dying to hear good answer from you.
Khmer PP,
6:41AM is truly retarded. He hates Sam Rainsy. I don't know why. His brain is fix on bad mouthing Sam Rainsy. That guy is seriously have mental problem. Poor bastard, I hope his family is doing okay.
How about production?
មួយថ្ងៃ ៗ មានតែព័ត៌មានដេញអ្នកស្រុកដណ្ដើមយកដី មានតែបក្សពួក ហ៊ុន សែន ប៉ុណ្ណោះគិតថារដ្ឋាភិបាលនេះល្អ គឺពួកបីសាចនៃព្រះរាជាណាចក្រកម្ពុជា
Dear my all chheamm khmer fellow, just relax and calm down. Know your limitation and enemies'. The time has come. We khmer aren't match opponents to Viet today but Thai's are. It won't be long. The Viet will taste B-52 again. The U.S. and its allies won't give up Cambodia as Viets and Chinese's easy prey again. That's what Thai armies are building up. This isn't different from North and South Koreans. These people had been talking nonsense. All old, weak, helpless, innocent women with children are crying for mercy. Soon it will be no peace. It would be time for Viet and Chinese to pray on Khmer Golden land. Just wait and see! GOOD LUCK TO YOU ALL!!!!!! :D
-Real Khmer
good sign because cambodian customers like high quality japanese manufactured electronic like tv, computer labtops, etc...
6:41AM You stupids comments is in the wrong column mother fuckers. Ah sucker Youn CPP no one wants to read your useless article in here. The hole world already knew ah CHHKAE CPP regimes is slaving to the Vietcong Killers.
Same shit Bribes and corrupted official. Get Hun Sen Signature signed and Panasonic got permission to Open....more money to corrupt CCP....
shut up! there are more to cambodia than your backward, outdated thinking of frog in the well mentality, ok! it's good that panasonic finally came to do business in cambodia. we want choices as consumers, you know! take your hate, bias, politics, etc elsewhere, ok! people who think ignorantly like you are a dying breed, you know! god bless cambodia.
1:34PM! shut your mother up you stupid!
It just a retail business they come to make mony out from you and your corrupted thugs!
where the real investment, PhD from Hanoi?
Where the 555m building if the 42 storie can not be built! Can you shame on you stupidity ah KwacK Hun Xen?????
Go back to any hole stupid head!
Yes, Japanese opens a representative office in Phnom Penh to sell more Panasonic products made in Vietnam and Thailand. Japan, Thailand and Vietnam win, Cambodians will spend more money buying the products.
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