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Siem Reap sees property gains fuelled by tourism, economic integration

Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...

Sum Manet
http://www.phnompenhpost.com/real-estate/siem-reap-sees-property-gains-fuelled-tourism-economic-integration

Cambodia’s tourism steady

Cambodia’s tourist arrivals registered a 4.7% growth in March according to the country’s statistics and tourist Information Department. The country attracted 400,076 visits compared to 382,206 during the same month last year. Released by the Ministry of Tourism, late last week, data showed Vietnam led the field ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/05/cambodias-tourism-steady/

Villagers protest after sand dumped on land

About 30 villagers in Phnom Penh’s Meanchey district staged a protest Tuesday morning against tycoon Sok Kong, whom they accuse of piping dredged sand into their farmland and fishing ponds. Fourteen families occupying 21 hectares of land in Prek Pra commune have been locked in a ...

Khy Sovuthy
http://www.cambodiadaily.com/news/villagers-protest-after-sand-dumped-on-land-57736/

As prices fall, rat hunting’s few charms fade

Just after sunrise in the slums surrounding the Stung Meanchey dump, Lak Han, 45, sits in the dirt outside his home methodically chopping up a large pile of rodents. For many years, like hundreds of others at the dumpsite, Mr. Han made a paltry living collecting ...

Mech Dara and Holly Robertson
http://www.cambodiadaily.com/news/as-prices-fall-rat-huntings-few-charms-fade-64042/

Fees too high: AirAsia CEO

While AirAsia, one of the world’s largest low-cost airline, is gearing toward an expansion in the region, the company’s chief executive said that serving Cambodia was expensive due to high airport fees. Airport charges are high and restrictive, as are over-flight fees, compared to other countries in ...

http://www.phnompenhpost.com/index.php/2012080957897/Business/cambodias-airports-too-pricey-for-airasia.html

Rosewood exports down

In the first nine months of 2015, exports of Cambodian rosewood to China – the Kingdom’s largest market for the protected species – have declined by as much as 95 per cent compared with the same period last year, data released by NGO Forest Trends ...

Daniel Pye
http://www.phnompenhpost.com/national/rosewood-exports-down

Local oil prices fall slowly

The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...

http://www.phnompenhpost.com/index.php/2012062156925/Business/cambodia-oil-prices-fall.html

Cambodia to Miss 2013 Copyright Deadline

Cambodia will not meet the World Trade Organization’s (WTO) deadline to enforce copyright laws by 2013 and will likely ask for an extension, an official at the Ministry of Commerce said yesterday. The deadline was already extended once by the WTO in 2005 after it ...

Government Mulls Issuing Sovereign Bonds

Cambodia is considering offering sovereign bonds to raise more revenue for the national budget and move away from its dependence on overseas aid, a senior central bank official said Sunday. National Bank of Cambodia director-general Nguon Sokha said the Ministry of Economy and Finance was currently ...

http://www.cambodiadaily.com/business/government-mulls-issuing-sovereign-bonds-21989/

Increase in Customs Taxes Raises Retail Prices in Cambodia

Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...

Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/

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

Mr. BE Chantra

Mr. BE Chantra is the lead organizer of BarCamp in Cambodia, an international, innovative, and open technology conference. He is in charge of overall event planning, funding and coordination of all activities, ensuring the events run smoothly and meet expected outcomes. He has also organized ...

Press release: $100 million climate-resilient road project to improve access to basic services, economic opportunities

On 16 July 2020, the World Bank’s Board of Executive Directors today approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project. The project will enhance rural communities’ access to critical services, such as health centers, referral ...

World Bank

Download: pdf

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

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