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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
The Week at the CSX - Calm Waters
The price of Phnom Penh Water Supply Authority (PPWSA) stock increased slightly to KHR 6,400 (US$1.57) on July 2 and remained at that level until July 5, while general trading volumes stayed between 10,000 to 12,000 shares except on July 2, when the volume dipped to just 2,200. The price increased ...
The week at CSX
The price of Phnom Penh Water Supply Authority (PPWSA) stock varied only slightly between June 14 to June 21-hovering between KHR 6,600 (US$1.62) and KHR 6,700 (US$1.64). The relative stability tells investors that the stock is approaching its fundamental price, which experts say is between KHR 4,050 (US$0.99) and KHR 6,350 (US$1.56). ...
Prices and Monetary Developments
Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy Prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...
Prices fluctuate due to poll
As election data trickled in on Sunday evening and a fear set in borne of uncertainty and a beefed-up police presence, demand for basic commodities surged, food prices briefly rose, and some banks saw an expected rise in withdrawals. Sales of rice jumped from their normal ...
http://www.phnompenhpost.com/business/prices-fluctuate-due-poll
Cambodian workers on £10 a week making Olympics 'fanwear’
Adidas, the sportswear company, is facing an investigation over claims that Cambodian workers are being paid £10 a week in basic wages to make official merchandise for the London Olympics. It is one of the 2012 Games’ largest sponsors, believed to have invested £100 million, and ...
Locally Created Video Game Tops Apple's Downloads in Cambodia
A group of 12 Cambodians has developed a new video game for the iPhone that just two weeks after its release has become Cambodia’s most-downloaded game in Apple Inc.’s online store. Since it was released on November 30, “Asva the Monkey” has had more than 3,000 ...
http://www.cambodiadaily.com/news/locally-created-video-game-tops-apples-downloads-in-cambodia-6761/
US Firm to Open Its Second Casino in Cambodia
A U.S.-listed gaming company is set to open its second casino in Cambodia next month, the company said as it announced its revenues had grown to more than $20 million in 2012. Entertainment gaming Asia Inc. (EGA), which is backed by Macau-based Melco International Development Limited ...
http://www.cambodiadaily.com/business/us-firm-to-open-its-second-casino-in-cambodia-14421/