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Food costs expose gap in country's production

Despite a 67 per cent drop in food imports to Cambodia in 2011, inflation in exporting countries drove an 18 per cent rise in the total value of the imports. Food imports fell from 769,993 tonnes in 2010 to 254,080 in 2011, while the total value ...

http://www.phnompenhpost.com/index.php/2012012654150/Business/food-costs-expose-gap-in-countrys-production.html

Kingdom’s consumers told to save gas

Economy and Finance Minister Keat Chhon yesterday urged consumers to limit their gasoline consumption in the face of rising prices, saying the Cambodian government would not boost the hundreds of millions of dollars he claimed it already offered in fuel subsidies. Speaking at the Ministry of ...

http://www.phnompenhpost.com/index.php/2012031354994/Business/kingdoms-consumers-told-to-save-gas.html

Firmer prospects as rubber rebounds

Cambodia’s beleaguered rubber industry looks set for a turnaround as international rubber prices continue their strong rebound. Local traders and industry officials said yesterday they were optimistic that rubber prices, which doubled during the course of 2016, would continue to rise as the global economy ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/firmer-prospects-rubber-rebounds

Rice exports facing challenges

Pou Puy, president of the Cambodian Rice Millers Association, said that the export of Cambodia’s white rice faces challenges in terms of both quantity and competitive pricing, as exports of milled rice dropped about 35 per cent for the first half of 2012 compared to ...

http://www.phnompenhpost.com/index.php/2012070557221/Business/rice-exports-facing-challenges-quality-and-competition.html

Factory workers complain over low wages

Factory workers complain that their low salaries are not keeping track with the price of goods and services. Phoeun Sreyleak, 20, said she gets $70 a month including bonuses for health care and rent. “My basic wage is only $58,” she said. “My friend gets 2,000 riel ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=14&token=NTgwYjBiZDU0MGY2NDQ2NWM3NDg1MjI3OGE4Yjg1

Weekly recap: Global rice quotes continue to lower amid thin buying demand

The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the week at about $411 per ton, down about $4 ton from a week ago, down about $8 per ton from a month ago and down about $42 per ...

Oryza News Staff
http://oryza.com/22277/weekly-recap-global-rice-quotes-continue-lower-amid-thin-buying-demand

‘Price Dumping’ in Telecoms Market Still Persists

The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...

Low Funds May Have Led to CPI Suspension

An official at the Ministry of Planning said yesterday that a lack of funds may be to blame fo the Ministry of Finance and Economy suspending the publication of June’s consumer price index. Sam Saroeun, deputy director of the statistics department at the Ministry of ...

Kampot land prices stable

Property experts said the land prices in Kampot province have been “stable” in early 2013 despite trading more actively than last year. Nuon Rithy, managing director at the Bonna Realty Group, said the trading of land in Kampot province is quiet and nothing changes much because ...

http://www.phnompenhpost.com/2013022861646/Real-Estate/kampot-land-prices-stable.html

Commodities Prices a Risk, Bank Says

Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East Asia and Pacific Economic Update for 2012, ...

Cambodia's rubber exports up 17 pct, revenues down 21 pct in 2012

Cambodia recorded a 17 percent rise in rubber latex exports in 2012; however, the revenues from the exports went down by 21 percent due to declining rubber prices in the international market, the government’s statistics showed Friday. The country had exported 54,530 tons of rubber latex ...

http://www.globaltimes.cn/content/756747.shtml

MRC documents fish species found in Upper Mekong in China

The Mekong River Commission has documented 186 fish species identified by the Kunming Institute of Zoology as being found in the Upper Mekong Basin in China’s Yunnan province. A list of the species with their scientific and common Chinese names as well as their distribution in ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MDJkZjMxNzgzZjB

New stadium to be constructed

Cambodia will start the construction of a new and more modern stadium on Friday, an official said. Prime Minister Hun Sen will preside over the groundbreaking ceremony for the stadium’s construction, covering 83 hectares of land in the commune of Bak Kheng, in the Russey Keo ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NjExZTRjYzQ0ZTA

Southeast Asian Rice Exporters Eye Cartel to Boost Prices

Southeast Asia’s rice-exporting nations are in talks to create a formal alliance aimed at boosting prices and increasing export revenues, a move that could cause tensions with rice-importing nations. An alliance of Thailand, Vietnam, Cambodia, Laos and Myanmar will aim to share information and cooperate ...

http://online.wsj.com/article/SB10000872396390444812704577606962232854218.html?reflink=barrons_redirect

RPT-World Bank cuts East Asia GDP outlook, flags China risks

The World Bank cut its economic growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected “Economic projections for EAP (East Asia and Pacific) are surrounded by ...

http://www.reuters.com/article/2012/10/08/worldbank-asia-outlook-idUSL3E8L81IN20121008

Prices for Land at 2009 Levels, Report Shows

ASEAN Valuers Association have reported that property prices in Cambodia have not changed since 2009. Property prices in Phnom Penh are 2 percent lower than they were in 2009. CEO of Bonna Realty Group Sung Bonna has said that investors should take advantage of low ...

New law drafted to address price dumping

Officials and trade experts discussed a new draft law at a conference in Phnom Penh yesterday that would allow the government to protect exporters against competitors abroad that engage in price dumping, or selling products at an extremely low price. Speaking on the sidelines of the ...

Rubber up $100 a tonne in a week

The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...

http://www.phnompenhpost.com/index.php/2012092558889/Business/rubber-up-100-a-tonne-in-a-week.html

Cambodia continues to see slow price increase

Food prices drove moderate inflation in June, with experts calling the 1.8 per cent year-on-year increase acceptable. Month on month, inflation rose at about 0.1 per cent, data from the National Institute of Statistics showed. Khin Song, deputy director general at NIS, said the slow rise in ...

http://www.phnompenhpost.com/index.php/2012072657634/Business/cambodia-continues-to-see-slow-price-increase.html

Vendors: food prices rise before Khmer New Year

The price of meat will be higher during Khmer New Year, with prices rising between 2,000 riel and 3,000 riel ($0.50 and $0.75) per kilogram, according to vendors. Som Sreymom, a pork vendor at Kandal market, said the price of pork would hit as much as ...

http://www.phnompenhpost.com/2013041265052/Business/vendors-food-prices-rise-before-khmer-new-year.html

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