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Electric car is still on the charger

What happened to Cambodia’s electric car? The short answer is, the wait continues. More than seven months after its owners unveiled the new and improved Angkor EV 2013 to great fanfare, they are chronically short of funding and assembly is taking place in piecemeal fashion. Seang Chan ...

http://www.phnompenhpost.com/business/electric-car-still-charger

Prime Real Estate May Be Set for Development

A 5,000-square-meter plot of land owned by the local Sokimex Group on Phnom Penh’s Street 154, near Wat Ounalom and Kandal market, could be the site of a new, multi-story hotel, the conglomerate’s CEO said Tuesday. Sok Kong, Sokimex CEO, said Tuesday that construction of a ...

Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/business/prime-real-estate-may-be-set-for-development-46269/

Giant Development in Cambodia Hinges on Chinese Buyers

There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...

Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1

New Cambodian Ambassadors Told to Counter CNRP ‘Distortion’

CPP National Assembly President Heng Samrin has ordered Cambodia’s newest ambassadors to Asia and Europe to go on a public relations offensive against mounting news abroad that the country’s respect for democracy and human rights is slipping. Cambodian security forces have shot dead seven people ...

Sek Odom and Zsombor Peter
http://www.cambodiadaily.com/news/new-cambodian-ambassadors-told-to-counter-cnrp-distortion-51099/

Organic vegetable demand growing

On a farm in Kampong Speu province, Erm Rim is talking to a small crowd of consumers and journalists, explaining the process of growing vegetables using only natural resources. Rim talks on the sidelines of a consumer field trip organised by the Cambodian Center for ...

http://www.phnompenhpost.com/2013032764708/Inside-Business/organic-vegetable-demand-growing.html

Exports Increase 45.9% in First Six Months

Cambodian exports increased 45.9 percent to $2.15 billion in the first six months of the year compared to the same period in 2010, according to figures released by the Ministry of Commerce yesterday. Of the total value of exports, 80 percent, or $1.74 billion, were ...

http://www.camnet.com.kh/cambodia.daily/

Student housing falls short in quality, livability and safety

Living in a compact space is just a part of university life, especially for students who come from the provinces to study in Phnom Penh. While the city keeps building an abundance of international-standard complexes, almost none of these are realistic choices for students, many ...

Natalie Leung and Catherine Harry
http://www.phnompenhpost.com/real-estate/student-housing-falls-short-quality-livability-and-safety

Fracking a problem for SE Asia

Impoverished countries hoping to strike it rich by developing their limited oil and gas reserves are being urged to move quickly or risk having their expectations clipped by fracking, which is depressing market prices while adding life to fields once thought exhausted. The ...

http://www.phnompenhpost.com/2013022561573/Business/fracking-a-problem-for-se-asia.html

Pay&Go Aims to Streamline Bill Payments With New Services

A local company has begun working in cooperation with ABA bank to streamline payments for services such as electricity bills and mobile phone top-ups by allowing people to pay through its website, mobile applications and electronic kiosks. PayGo SEA (Cambodia) Co. Ltd., which operates under the ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/paygo-aims-to-streamline-bill-payments-with-new-services-44794/

Price rules pulled due to election

The government in May held back on implementing widely unpopular rules that would have raised the price of mobile phone calls so as to not upset consumers – and potential voters – just months ahead of the national election, according to Cambodia’s independent telecommunications regulator. “Before ...

Daniel de Carteret
http://www.phnompenhpost.com/business/price-rules-pulled-due-election

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

Plans to Reform Economy for Asean Integration

Cambodia’s newly appointed minister of commerce said Thursday that he plans to reform the country’s economy ahead of Cambodia’s entrance into the Asean Economic Community (AEC) 2015, though he and other officials did not say how they plan to accomplish that goal. Speaking to reporters on ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/plans-to-reform-economy-for-asean-integration-46469/

Govt may sell medical services to Cambodia

The government will likely sell a Japanese-style medical service to Cambodia in a package that includes an emergency care center, a medical graduate school and an insurance system. The government has decided to seek a market for the medical service in emerging nations in the Association ...

The Japan News Staff
http://the-japan-news.com/news/article/0000762523

How ‘public’ is affordable housing?

In the market for lower to middle income housing, the line between ‘public’ and ‘affordable’ has been blurred.Post Property AnalysisLocal property developer, WorldBridge Land, Co. Ltd., and Singapore-based construction company, Strait Construction Group Pte, Ltd, last week announced a $100 million Memorandum of Understanding on ...

Post Staff
http://www.phnompenhpost.com/national/how-public-affordable-housing

After poll, confidence dips: study

Confidence in the Cambodian economy has plummeted roughly 50 per cent in the tense post-election period, according to a market research survey of foreign business leaders working in the country. The survey, conducted by Indochina Research and seen by the Post this week, found that 98 ...

http://www.phnompenhpost.com/business/after-poll-confidence-dips-study

A refined approach?

Hundreds of trucks hauling sugarcane queue up along the dusty roads that cut a path through a plantation in Kampong Speu province. Their destination: Cambodia’s most advanced sugar refinery. Its owners say the landmark project, run by the Phnom Penh Sugar Company and its president, ruling ...

Daniel de Carteret
http://www.phnompenhpost.com/national/refined-approach

China emerges as biggest importer of Cambodia’s agri products

China has emerged as the world’s biggest importer of Cambodian milled rice, now accounting for more than half the market share – versus just 3% a decade ago – and is expected to further strengthen its dominance going forward. Insiders point out that traders who ...

Khmer Times Staff
https://www.khmertimeskh.com/501307093/china-emerges-as-biggest-importer-of-cambodias-agri-products/

Kampot’s famous pepper goes global

When Him Anna started to plant pepper crops seven years ago, she would have never thought that one day it would turn into a profitable business. Today, Anna is the chief executive officer of Bright Starling Holdings Co, which owns Starling Farm Kampot Pepper. Established ...

http://www.phnompenhpost.com/business/kampot%E2%80%99s-famous-pepper-goes-global

Minister Says Set Phone Call Prices ‘Temporary’

The minister of posts and telecommunications on Monday insisted an edict ordering the country’s seven mobile phone operators to abide by a law that sets minimum prices for calls is only temporary. Prak Sokhon, the newly-appointed posts and telecommunications minister, said the order was necessary because ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/minister-says-set-phone-call-prices-temporary-48975/

Cambodian Sommeliers Head to Singapore for Regional Contest

Beer, whisky and strong, home-brewed moonshine have long been Cambodians’ favorite tipples, but with an ever-growing middle class, tastes are changing and if you’re part of the new elite, it is increasingly important to know your Pinot Gris from your Pinot Noir. To help enhance one’s ...

http://www.cambodiadaily.com/news/cambodian-sommeliers-head-to-singapore-for-regional-contest-40504/

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