Low price slows trade of PPWS on exchange
The price of Phnom Penh Water Supply Authority shares have fluctuated only US$0.04 during the past 12 days of trading. The low price and a lack of liquidity on the market may account the low volume of shares traded, insiders said, which averaged at 55,773 during ...
Corn harvest begins in northeast amid price dip
Corn harvest season has begun in the Kingdom, but farmers in the northwest are facing a price decline, and hinting they may seek markets in neighbouring Thailand for their crops. Prior to the harvest, provincial authorities reported corn prices at around 630 riel per kilogram ...
Hin Pisei
https://www.phnompenhpost.com/business/corn-harvest-begins-northeast-amid-price-dip
Cambodia highlights opportunities, challenges of upcoming ASEAN Community
Cambodian Foreign Minister Hor Namhong on Wednesday underscored the major opportunities and challenges of the ASEAN Community, which will be realized by the end of this year. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-10/14/c_134713139.htm
Labor day marches planned despite ban from city hall
Phnom Penh City Hall has rejected a request for two large-scale Labor Day marches on Sunday, but the unionists who have organized the demonstrations say they will proceed as planned. ...
Sek Odom
https://www.cambodiadaily.com/news/labor-day-marches-planned-despite-ban-from-city-hall-111969/
Rice federation votes, approves export fee
The newly formed Cambodia Rice Federation (CRF) voted Monday to require its members pay an export fee of $0.50 per metric ton of long-grain white rice and $1 per ton of fragrant rice in order to raise money for educating farmers and marketing Cambodian rice ...
Kang Sothear
https://www.cambodiadaily.com/business/rice-federation-votes-approves-export-fee-77253/
Local rice seed production plans discussed
The Minister of Agriculture, Forestry, and Fisheries has met with key stakeholders to establish local rice seed production to help farmers. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-rice-seed-production-aid-farmers
Liger School students to launch Cambodian economy book
Students from Liger Leadership Academy are gearing up to launch a book on Cambodia’s economy after two years of research. ...
Bun Tharum
https://kiripost.com/stories/liger-school-students-to-launch-cambodian-economy-book-volume-2
High hopes for fishing season
The largest fish harvest of the year is approaching, and Phnom Penh’s fish markets are about to get busy. In short, it’s December and so prahok season is upon us. A traditional Cambodian fish paste, prahok is made from fermented Siamese mud carp called trey riel in ...
Chan Muy Hong
http://www.phnompenhpost.com/business/high-hopes-fishing-season
Lone Strawberry Farmer To Expand His Business
Cambodia’s lone strawberry farmer has expanded his operations in Mondolkiri province in the past four months to encompass 3 hectares of strawberry fields, a provincial official said yesterday. Heng Sokhum, chief of Mondolkiri provincial agricultural department, said that the strawberry farm of Te Duong Dara ...
Prime Road Alternative wins rights to 60MW solar farm
Prime Road Alternative Company Limited won construction rights to a 60MW solar farm project at an auction, according to the Asian Development Bank (ADB). An ADB press release released last week shows that the auction, which was conducted by Electricite du Cambodge (EdC), ended with ...
Thou Vireak
https://www.phnompenhpost.com/business/prime-road-alternative-wins-rights-60mw-solar-farm
NGO gets UNICEF aid for speech therapy training
In an effort to address speech and communication disorders, which affect about one in 25 people countrywide, Unicef Cambodia awarded the organization OIC: The Cambodia Project a $42,000 grant on Wednesday to provide informal speech therapy training to Cambodians. ...
Janelle Retka
https://www.cambodiadaily.com/news/ngo-gets-unicef-aid-for-speech-therapy-training-97450/
Angkor Gold confirms $10m partnership deal
Cambodian firm Angkor Gold Corp (ANK) on Thursday finalised a partnership agreement with Hong Kong firm Tohui Beishan Property Group Holding Limited (TG) worth more than $10.4 million. According to a company statement issued on the Toronto Stock Exchange, ANK granted the Hong Kong firm 7.9 ...
Eddie Morton
http://www.phnompenhpost.com/business/angkor-gold-confirms-10m-partnership-deal
Starting a business in Cambodia is getting harder, report says
Almost every aspect of starting or operating a business in Cambodia is becoming more difficult, according to a World Bank report released Wednesday. “Starting a business in Cambodia requires 11 procedures, takes 101.0 days, costs 139.5 percent of income per capita and requires paid-in minimum ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/starting-a-business-in-cambodia-is-getting-harder-report-says-71343/
Korea becomes Cambodia’s 14th largest trading partner in 2022
Korea has become Cambodia’s 14th largest trading partner in 2022, as the bilateral trade volume posted $780 million, inching up 0.6 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501267568/korea-becomes-cambodias-14th-largest-trading-partner-in-2022/
Cambodia’s GDP, inflation forecast in tandem with regional growth in 2024, AMRO says
Cambodia’s inflation is expected to shrink to 0.4 percent in 2024 as fuel and food prices dropped below levels expected by the ASEAN+3 Macroeconomic Research Office (AMRO), as well as the tourism sector’s lagged recovery. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodias-gdp-inflation-forecast-in-tandem-with-regional-growth-in-2024-amro-says
Cambodians spend $2.3B annually on beer
Cambodians spend approximately $2.3 billion a year on beer, with the average person drinking about 72 liters of beer annually, causing economic experts to claim that reducing beer consumption could cut spending on public health and security. ...
Meas Molika
https://kiripost.com/stories/cambodians-spend-23b-annually-on-beer
Long-overdue Consolidation of the Kingdom’s Mobile Telecoms Market May Have Operators Feeling Hopeful, but Challenges Remain
After years of immersion in a vicious price war, battle weary and capital-haemorrhaging [sic] mobile operators in Cambodia’s oversaturated telecommunications sector may finally have reason to breathe a sigh of relief; 2013 might be cited as the year the tide turned. Tarred by legal threats, ...
Government orders $500,000 fines, relocation, for company polluting Sangke river
After waste from a Battambang-based industrial company polluted the Sangke river, the Environment Ministry imposed fines of around half a million dollars and order the company to relocate 10 kilometers away in a letter issued Thursday. ...
Sovann Sreypich and Runn Sreydeth
https://cambojanews.com/government-orders-500000-fines-relocation-for-company-polluting-sangke-river/
Dozens of houses destroyed after Bassac river bank collapses following years of sand dredging
Kim Maneth had lived in her home along the river bank in Kandal province for four decades before it collapsed, along with dozens of other homes in an area where sand dredging has been rampant for years. ...
Sovann Sreypich and Runn Sreydeth
https://cambojanews.com/dozens-of-houses-destroyed-after-bassac-river-bank-collapses-following-years-of-sand-dredging/
21 opposition activists overseas fined, banned from running for office for 20 years
Twenty-one opposition members and activists were banned from holding elected office for at least 20 years after being convicted in absentia of inciting voters to spoil their national election ballots by the Phnom Penh Municipal Election Committee (PEC) on Tuesday. ...
Khuon Narim
https://cambojanews.com/21-opposition-activists-overseas-fined-banned-from-running-for-office-for-20-years/