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Singapore signs energy-related MOUs with Cambodia, UAE

Singapore signed two energy-related Memorandums of Understanding (MOUs) with Cambodia and the United Arab Emirates (UAE), at the Singapore Energy Summit on Monday. This is part of its efforts to strengthen partnerships in the energy sector. Second Minister for Trade and Industry, Mr S Iswaran, ...

Channel News Asia Staff
http://www.channelnewsasia.com/news/singapore/singapore-signs-energy/865210.html

Obama Signs Off on Aid Cuts to Government

A Royal Cambodian Armed Forces (RCAF) officer and his son-in-law were arrested separately on Thursday and Friday in Battambang and Banteay Meanchey province for producing tens of thousands of dollars of counterfeit U.S. banknotes, officials said Sunday. Police arrested Tang Thearith, 35, in Poipet City on ...

Alex Willemyns
http://www.cambodiadaily.com/news/obama-signs-off-on-aid-cuts-to-government-50886/

Cambodia’s export to EU skyrockets

Despite the depressed market conditions throughout Europe in 2013 Cambodia’s export to the EU skyrocketed. The country is well under way to take over Taiwan’s leading position in bike export to Europe. Between January and October 2013 Cambodia’s bike export showed a huge increase of no ...

Jack Oortwijn
http://www.bike-eu.com/Sales-Trends/Market-trends/2014/2/Cambodias-Export-to-EU-Skyrockets-1463329W/

Motor insurance slows to a crawl

Insurance providers sold far fewer motor vehicle and personal accident policies in 2013 than in the previous year, sparking concern among some in the industry that the importance of being covered in case of a road accident isn’t getting through to drivers. According to the General ...

May Kunmakara and Eddie Morton
http://www.phnompenhpost.com/business/motor-insurance-slows-crawl

New BKK1 condo development shoots for 2017 completion

Nine floors of the 32-storey BKK1 condominium project, Platinum Bay, are now completed and construction is slated to be completed by mid-2017. Platinum Bay is located on Street 282, not far from the soon-to-be-completed De Castle Royal, a part of town that property insiders see as ...

Siv Meng
http://www.phnompenhpost.com/real-estate/new-bkk1-condo-development-shoots-2017-completion

Cambodia has shortage of capable human resource

The number of people seeking for jobs has been on the rise each day. However, companies, organizations and institutions are relentlessly complaining that human resource is both scarce and of low quality. Many students who have just graduated for about a year or two say they ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=14&token=OTNiZWMzYWFjMzU

Growing pains, as capital keeps expanding

Phnom Penh is one of the fastest-growing cities in Southeast Asia. It added nearly 500,000 people between 2000 and 2010, for a total of 1.4 million. That has meant a lot of changes in a short period: more congestion, more markets, more housing. And, newcomers ...

Phorn Bopha,
http://www.voacambodia.com/content/growing-pains-as-capital-keeps-expanding/2630483.html

Aiming to boost revenue, farmers turn to pepper

Farmers in Cambodia’s pepper-growing provinces are increasingly turning to produce the profitable crop as the price of rubber on the world market has declined over the past six months, with land used for pepper cultivation doubling in some areas, according to growers. In Dar commune in ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/aiming-to-boost-revenue-farmers-turn-to-pepper-65823/

Cambodia’s ranking as a logistics hub remains ‘stable’

Cambodia’s ranking has slightly improved in this year’s global index of emerging logistics markets, rising one notch compared with the same survey last year from 42 to 41 among 50 countries included in the study. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50692512/cambodias-ranking-as-a-logistics-hub-remains-stable

Malaysian firm to build substation

Malaysian-based electrical power technology company Pestech International Bhd inked a contract to construct the $7.34 million 230/11kV Okvau Transmission Substation, leading Malaysian business publisher The Edge Media Group Pte Ltd reported on Thursday. ...

Thou Vireak
https://www.phnompenhpost.com/business/malaysian-firm-build-substation

Big fall in petrol prices

Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market, according to the monthly oil prices set by the Ministry of Commerce revealed yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50708398/big-fall-in-petrol-prices/

Pandemic brings real estate activity to near nil

The value of Cambodian real estate has not shown signs of decline in recent weeks, despite the Covid-19 pandemic bringing market activity to a virtual standstill, industry insiders said on Wednesday. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/pandemic-brings-real-estate-activity-near-nil

Bandwidth boost underway

Fuelled by downward pressure on internet pricing, state-owned Telecom Cambodia had dramatically increased its fibre-optic link with Vietnam, officials and experts said. The new 10-gigabyte connection would further lower prices and boost the speed of Cambodian internet connections in a market where demand for bandwidth was driven by ...

http://www.phnompenhpost.com/index.php/2012042655784/Business/bandwidth-boost-under-way.html

Cassava exports jump slightly, but disappoint

Cambodia exported 1,115,365 tonnes of cassava to the international market in the first three months of this year, inching up around 1.6 per cent from 1,097,803 in the year-ago period, said a report from the Ministry of Agriculture, Forestry and Fisheries. ...

Thou Vireak
https://www.phnompenhpost.com/business/cassava-exports-jump-slightly-disappoint

Rice exports grow

CRF’s president Song Saran said demand for Cambodian rice in the global market is increasing and the CRF expected exports to reach 800,000 tonnes this year. However, because there was drought, and flash-flooding in September, the figure may change. ...

Sok Chan
https://www.khmertimeskh.com/50788230/rice-exports-grow/

Ministry works on digital agriculture challenge

The Ministry of Economy and Finance (MEF) together with the Techo Startup Centre and relevant stakeholders yesterday launched an inception workshop to disseminate information about a rural challenge and to discuss expectations of its intended digital platform under the Sustainable Assets for Agriculture Markets, Business ...

Sok Chan and Jason Boken
https://www.khmertimeskh.com/50744903/ministry-works-on-digital-agriculture-challenge/

Cambodia to make auto-rickshaws

Locally-assembled electric auto-rickshaws could hit the Cambodian market as soon as early in May after the Council for the Development of Cambodia (CDC) gave the greenlight to an investment project at the weekend. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-make-auto-rickshaws

CCF enforces ban on Covid-19 antibody rapid test kits

Officers from the Directorate-General of Consumer Protection, Competition and Fraud Repression (CCF) launched a campaign on June 29 to enforce the Ministry of Health ban on the sales of Covid-19 antibody rapid test kits in markets and pharmacies across the capital. ...

Voun Dara
https://www.phnompenhpost.com/national/ccf-enforces-ban-covid-19-antibody-rapid-test-kits

Central bank sells $130M over five September forex auctions

The National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic ...

May Kunmakara
https://www.phnompenhpost.com/business/central-bank-sells-130m-over-five-september-forex-auctions

Cambodia’s exports to world up 18 pct in eleven months

Cambodia exported some $20,457 million worth of goods to the world market in the first eleven months of this year, an increase by 18 percent compared to the same period last year, according to a report of the General Department of Customs and Excise (GDCE) ...

Khmer Times Staff
https://www.khmertimeskh.com/501202310/cambodias-exports-to-world-up-18-pct-in-eleven-months/

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