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/
Flying squirrel and eyeless spider discovered in Greater Mekong
A series of high-flying creatures, including giant flying frogs and squirrels and a parachute gecko, are among the hundreds of exotic new species recently discovered in the greater Mekong region in southeast Asia. A new eyeless spider and a fish that mates head-to-head are also highlighted ...
Damian Carrington
http://www.theguardian.com/environment/2014/jun/04/flying-squirrel-and-eyeless-spider-discovered-in-greater-mekong?CMP=fb_gu
State regulator warned Smart over luring qb subscribers
The Telecommunication Regulator of Cambodia (TRC) last week warned mobile operator Smart that it could face legal action for attempting to lure customers away from rival operator qb, and ordered Smart to resolve the issue “immediately,” according to a letter from TRC to Smart’s CEO ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/state-regulator-warned-smart-over-qb-dispute-59813/
Land Disputes Focus Ire on Chinese Investors
Among thousands of residents in the Boeung Kak Lake district of the capital whose land has been targeted for redevelopment by a Chinese-financed real estate company, Tep Vanny carried a letter explaining the “sadness and suffering” caused by the project — which has turned Phnom ...
The Bottom Line
Clashes between garment workers and the local manufacturing industry came to a head in February when three women were shot while protesting for increased bonuses outside their workplace. It was almost five more months before manufacturers and governing bodies agreed to raise the earning potential ...
The great mobile shake-out
Mobile phone subscribers in Cambodia have had little to complain about in recent years. With six new operators entering the market since 2006, the result was oversaturation and an all-out price war as eight operators fought for a foothold in a country with fewer than ...
http://www.bangkokpost.com/business/telecom/334187/the-great-mobile-shake-out
K-pop a boon for cosmetics shops
Kim Hyun-joong is looking at you. From a poster outside of a hair salon, from a shop window, in a TV commercial or on local social media sites, the South Korean singer and actor decorates various advertisements in Phnom Penh. But it isn’t just about his ...
http://www.phnompenhpost.com/2013062766507/Business/k-pop-a-boon-for-cosmetics-shops.html
Firm Given Rights to All ELC Timber in Ratanakkiri
The Ministry of Agriculture has signed a deal with Try Pheap Import Export to give the firm the right to purchase all timber felled in economic land concessions (ELCs) in Ratanakkiri province, according to a letter sent from the Agriculture Ministry to the Forestry Administration ...
http://www.cambodiadaily.com/news/firm-given-rights-to-all-elc-timber-in-ratanakkiri-22788/
Herbalife to operate in capital
Herbalife Ltd, a global nutrition company whose business practices are being challenged in a US court and whose marketing strategies have been the subject of public criticism, will officially open a six-storey distribution centre in Phnom Penh today, according to the New York Stock Exchange-listed ...
Daniel de Carteret
http://www.phnompenhpost.com/business/herbalife-operate-capital
Vattanac Capital preparing for eventful 2014
Phnom Penh’s growing importance as a business destination has brought with it many opportunities and infused the market with a growing sense of ambition. Few developments embody this new ambition better than Vattanac Capital Tower, which will throw open its doors this spring. “Cambodia’s seen nothing ...
Nalin Viboonchart
http://www.phnompenhpost.com/real-estate/vattanac-capital-preparing-eventful-2014
Thai company shelves Kampot cement project
Thailand’s second-largest cement company has suspended a cement-plant project valued at about $200 million in Kampot province because of political uncertainty and better investment opportunities in Myanmar, according to a senior executive. Philippe Arto, the managing director of Siam City Cement Public Company Limited (SCCC), said ...
Rann Reuy and May Kunmakara
http://www.phnompenhpost.com/business/thai-company-shelves-kampot-cement-project
Delays continue to constrain launch of Cambodia Airlines
For Cambodians aspiring to a career in aviation, this weekend looks promising. Almost seven months after its formal establishment, Cambodia Airlines is hosting a career fair in Phnom Penh. The airline is moving forward by looking for staff – from captains, first officers and cabin crew ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/delays-continue-constrain-launch-cambodia-airlines
Death Threat Made Against CNRP’s Social Media Activist
Thy Sovantha is accustomed to being threatened on Facebook. But the 19-year-old CNRP youth activist, who became something of an online celebrity through the popular opposition Facebook page “I Love Cambodia Hot News,” says the latest threat against her, in which a copy of her passport ...
Kuch Naren
http://www.cambodiadaily.com/news/death-threat-made-against-cnrps-social-media-activist-51124/
Aeon microfinance booms with mall on horizon
When Sor Songheng, a manager for an accountancy firm, wanted to replace his cheap Nokia phone a few months ago, he set his heart on a top-of-the-line iPhone 5S worth $780—nearly his entire monthly salary of $800. But instead of scrimping and saving for months to ...
George Styllis
http://www.cambodiadaily.com/news/aeon-microfinance-booms-with-mall-on-horizon-58122/
Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
Handbook on investing in Cambodia launched
FacebookTwitterEmailShare“Handbook on Investing in Cambodia” has been launched as a practical guide for foreign investors looking for opportunities in the Cambodian market, with a particular focus on the 2021 Law on Investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501322858/handbook-on-investing-in-cambodia-launched/
New Project Aims to Help Small Businesses in Cambodia
A new project by the government and Japan’s aid agency seeks to assist small companies in Cambodia that are in need of specialist advice in order to develop and keep up with competitors in neighboring Asean countries. The aim of the two-year program, called “Strategic Strengthening ...
Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/new-project-aims-to-help-small-businesses-in-cambodia-41534/?utm_source=rss&utm_medium=rss&utm_campaign=new-project-aims-to-help-small-businesses-in-cambodia
EU clarifies rice comments
While the European Union Trade Commissioner Karel De Gucht never told the Ministry of Commerce that Cambodian rice was “30 per cent” mixed with the same product from Vietnam, he did say Cambodia had to better ensure that its harvest was homegrown and not from ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/eu-clarifies-rice-comments
Mekong villagers wary of Xayaburi dam
Fishermen bring their boats to shore, pack away their traps and hand over the day’s catch to their awaiting families on the banks of the Mekong River in Kratie province’s Chitra Borei district. “When my husband arrives home each day, we eat some of what he ...