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Cambodia’s GDP growth likely 5.3% this year, say ADB, AMRO

Two international organisations have forecast Cambodia’s economic growth to be around 5.3 per cent this year as the economy continues to be impacted by lower than expected expansion in the industrial and agriculture sector in the first half (H1), stemming from the regional and global ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodias-gdp-growth-likely-53-year-say-adb-amro

ARDB loans helping rice price stabilisation

Loans issued by the state-run Agriculture and Rural Development Bank (ARDB) have contributed towards stabilising the market price of rice apart from enhancing processing facilities and boosting exports, according to Aun Pornmoniroth, the Deputy Prime Minister and Minister of Economy and Finance. ...

Chea Vanyuth
https://www.khmertimeskh.com/501407295/ardb-loans-helping-rice-price-stabilisation/

Sihanoukville casino gambled with an expired licence

reah Sihanouk provincial authorities have ordered a casino that operated in Sihanoukville shut down after it failed to renew its operating licence, local media reported yesterday.​ ...

Post Staff
http://www.phnompenhpost.com/business/sihanoukville-casino-gambled-expired-licence

Youth conference on policy development and Open Government Partnership (OGP)

200 youth and youth representatives including monks and civil society organizations are ready to participate in promoting the principles, criteria and tools of Open Government Partnership (OGP) in order to support the Cambodian government to become a member of OGP. ...

Cooperation Committee for Cambodia (CCC)

Download: pdf

Don’t bet on elections

The house always wins, except when there’s a disputed election scaring gamblers away from the tables. That’s the message from Entertainment Gaming Asia Inc, which operates casinos in Poipet town and Pailin province as well as supplying NagaWorld casino with slot machines. According to the company, Cambodia’s ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/don%E2%80%99t-bet-elections

Gas prices at all-time high

Gasoline prices in Cambodia hit an all-time high on Friday, stoking fears of limited fuel reserves and increasing production costs at some of the Kingdom’s businesses. Premium gasoline sold for $1.40 per litre last week, surpassing the $1.38-per-litre price during the global economic slump at the ...

http://www.phnompenhpost.com

Inflation rises 1.3 percent

Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...

http://etmcambodia.com

Cambodia rubber drops 6 per cent

Cambodia’s rubber prices declined almost six per cent in the past two weeks, caused by concern over the European crisis with Greece, industry players and Cambodian officials said yesterday. Men Sopheak, deputy director general of Chop Rubber Plantation, a big rubber exporter in Cambodia, said the ...

http://www.phnompenhpost.com/index.php/2012051856229/Business/cambodia-rubber-drops-6-per-cent.html

Casinos flush with locals

At 7am, the border crossing from Vietnam to Svay Rieng’s Bavet town is already buzzing with the activity of foreign gamblers arriving for a day at the casinos along National Highway 1. But throughout the day, a steady trickle of Cambodian players make their way ...

http://www.phnompenhpost.com/index.php/2012092558902/National-news/cambodias-gambling-law-loosely-enforced.html

Inflation fuels protest over petrol prices

More than 200 factory workers gathered at Freedom Park near Wat Phnom yesterday to urge the government to cut taxes on petrol, saying fuel prices were driving food prices beyond what they could afford. But the government is doing all it can to curb inflation ...

http://www.phnompenhpost.com/index.php/2011080850926/National-news/inflation-fuels-protest-over-petrol-prices.html

As pig imports grow, price of pork drops

A rise in pig imports from Thailand and Vietnam has driven down pork prices by as much as 33 percent in the past month, leaving farmers here worried that an oversupply in the market will cut into profits. Prathna Preap, a swine market expert at USAID, ...

Samdech PM Appeals Aligning Oil Price to Food Price

Samdech Prime Minister Hun Sen appealed to the world to harmonize energy prices to food prices as food production shouldn’t outstrip the consumption of volatile fuels while food price remains stable, at the 4th workshop on food security and nutrition. Calling it “The Phnom Penh Initiative,” Prime Minister Hun Sen requested that the issue be ...

http://thesoutheastasiaweekly.com/

Inflation weighs on Kingdom's rice exports

Cambodia’s rice export revenues jumped by more than 200% on increasing world food prices during the first eight months of the year, according to Ministry of Commerce data. price increases, however, drove total exports down. Cambodia exported US$59.8 million in rice, or 105,452 tonnes, between January and ...

http://www.phnompenhpost.com/index.php/2011091551670/Business/inflation-weighs-on-kingdoms-rice-exports.html

Vietnam trade passes $2bn

Trade between Cambodia and Vietnam surpassed a US$2 billion trade target for 2011 in just the first nine months of the year, according to the Vietnam Trade Office in Phnom Penh. Trade between the two countries hit the higher-than-projected $2.07 billion in September, up from about ...

http://www.phnompenhpost.com/index.php/2011102852398/Business/vietnam-trade-passes-2bn.html

High Stakes Security Game

Cambodia’s casino owners need to up the ante on security, the owners of each of the Kingdom’s 61 operating gaming venues were told yesterday at a Phnom Penh meeting called by national police authorities. Lieutenant General Sok Phal, deputy national police commissioner, said that in recent ...

http://www.phnompenhpost.com/index.php/2012082958352/National-news/cambodias-police-call-for-casino-crackdown.html

Island casino’s fate to be decided

A preah Sihanouk provincial official said on Monday that the administration would request approval from the Ministry of Environment and the National Committee for Coastal Management and Development to dismantle a Chinese casino on Koh Rong Sanloem. ...

Khorn Savi
https://www.phnompenhpost.com/national/island-casinos-fate-be-decided

Inflation rates driven by increases in food prices

The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...

http://www.phnompenhpost.com/index.php/2011070650211/Business/inflation-rates-driven-by-increases-in-food-prices.html

Thai gamblers drop after coup

The number of Thai visitors crossing the border to place bets at Cambodian casinos has fallen since that country’s military staged a coup late last month. Kim Ledaro, managing director of Crown Resorts Co, which operates three Crown-branded casino resorts in Bantey Meanchey province’s Poipet town, ...

Chan Muyhong
http://www.phnompenhpost.com/business/thai-gamblers-drop-after-coup

Buyers going for gold

Consumer interest in gold has increased in Cambodia even with the price of gold at a record high. Gold is up more than $333 from the same time last year. The increase in gold prices is said to be a result of the 2008 financial ...

http://www.phnompenhpost.com/index.php/2011072050514/Business/buyers-going-for-gold.html

July's inflation driven by high food prices

Fueled by a rise in food prices, inflation reached 7.1 percent in July compared to the same month last year, according to data released by the National Institute of Statistics According to the data, the price of meat increased by 16.4 percent in July compared to ...

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