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Local Farmers Can't Compete With Cheap Pork

Cambodians like pork. The average Cambodian consumes almost 9.29 kg of the meat each year, and local farmers supplied about 2 million pigs, more than 90 percent of the domestic demand, in 2008. But the market for small-scale pig farmers has flown. Live pig prices have fallen ...

Hun Sen says all villages to have electricity by 2020

Prime Minister Hun Sen said Wednesday that all Cambodian villages would have electricity by 2020 while 70 percent of households would have power by 2030. Hun Sen said average per capita consumption of electricity rose at an annual rate of seven percent over the past ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjIwMmU0N2I1NTF

Local brokers still manipulate prices: farmers

Farmers have expressed concern over local brokers’ manipulation of the market during harvest season, reducing buying prices for farmers who have no access to actual market rates. While some farmers have already completed their harvests, others have left their fields barren, fearing brokers will reduce ...

http://www.phnompenhpost.com/Business/local-brokers-still-manipulate-prices-farmers.html

The drugs don’t work: Despite the best efforts of the authorities, producers of fake medicines are making a killing in Cambodia

“Counterfeit medicine kills, while real medicine heals.” This was the simple but apt message selected just over a year ago for a poster campaign in Cambodia that aimed to raise awareness of the risks of counterfeit medications, as part of a government crackdown on the ...

http://sea-globe.com/the-drugs-dont-work/

Garment shipments jump 30% on low prices

Cambodia’s garment and textile exports grew by more than 30 per cent year-on-year through October, according to Ministry of Commerce data. The exports increased by nearly US$880 million, reaching $3.47 billion, the data showed ...

http://www.phnompenhpost.com/index.php/2011112252877/Business/garment-shipments-jump-30-on-low-prices.html

As rice harvest begins, grain's price soars

As the harvest of the wet season rice crop gets under way in many parts of the country, rice prices have started to increase, rice millers said yesterday. They said prices were now up about 15 percent compared to the same time last year, but ...

Prices rise during mourning

Flower prices soared considerably due to the official mourning period of Cambodia’s former king, Norodom Sihanouk, according to vendors. Crowds of people set upon flower shops at different markets in Phnom Penh, where tens of thousands of mourners participated in paying their respects to the former ...

http://www.phnompenhpost.com/index.php/2012101859296/Business/prices-rise-during-mourning.html

Government okays maize imports

The cabinet approved a plan for the Public Warehouse Organisation to import 450,000 tonnes of tariff-free maize from Laos and Cambodia. Another 250,000 tonnes of maize would be imported from Cambodia, with 100,000 tonnes in August and another 150,000 tonnes between November and January 2014 ...

http://www.bangkokpost.com/business/economics/331949/government-okays-maize-imports

Fintech could be ‘game changer’

Addressing the delegates, Chea Serey, director general of National Bank of Cambodia (NBC), stressed the role and importance of digital finance initiatives in broadening financial inclusion. She said digital finance could be a “game changer” for Cambodia’s nascent financial sector as it enables financial service ...

Brian Ng
http://www.phnompenhpost.com/business/fintech-could-be-game-changer

GDP growth drives petrol imports 67% year-on-year

The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or US$1.14 billion worth, in the first 10 months of the year, compared to ...

http://www.phnompenhpost.com/index.php/2011120153073/Business/gdp-growth-drives-petrol-imports-67-year-on-year.html

City’s Transportation Workers Protest High Gasoline Prices

About 100 tuk-tuk drivers, motorcycle taxi drivers, vendors and other informal transportation workers protested against the high price of gasoline yesterday at the National Assembly, claiming the high petrol prices are cutting into their small profits. Vorn Pao, president of the Independent Democracy of Informal Economy ...

Cambodia seeing a solar surge as prices drop

Cambodia is lighting up with solar power as international politics gluts the world market with inexpensive equipment options, according to industry insiders. The lowering or complete end of subsidies for US, European and Australian firms, along with China’s backing of the renewable energy sector, has seen ...

http://www.phnompenhpost.com/index.php/2012082958337/Business/cambodia-seeing-a-solar-surge-as-prices-drop.html

National Road 3 prices flat

The sale and purchase of land along National Road 3 is increasing in volume but land prices are not increasing significantly despite the road being completed, and despite the many industrial zones along it.  Based on his company’s research in the second quarter of this year, ...

http://www.phnompenhpost.com/index.php/Real-Estate/national-road-3-prices-flat.html

Rising world demand for Cambodian organic rice

Several ASEAN countries, including Cambodia, have witnessed a growing demand for organic rice that local producers cannot satisfy, according to Winfried Scheewe, adviser to the Cambodian Organic Agriculture Association (COrAA). Scheewe says demand for organic rice is on the rise, especially in the Philippines, Malaysia and Singapore, but also ...

http://www.phnompenhpost.com/index.php/Special-Reports/cambodian-organic-rice-on-demand.html

Rising Consumer Prices Draw Hunderds to Protest for Action

Some 200 factory workers and taxi drivers protested in Phnom Penh yesterday morning to demand that the government take action to curb the rising costs of food and fuel, and threatened larger demonstrations if it failed to actAccording to figures released by the National Institute ...

Property Prices See First Rise Since 2009

Property prices in Phnom Penh are rising for the first time since 2009, growing by as much as 10 percent in some areas of the capital during the first quarter of the year, real estate experts said yesterday. After years of stagnation in the property sector ...

Cooperatives Key to Help Farmers, Combat Hunger

The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day. Jean-Pierre de Margerie, country director of the World Food Program, said ...

Blame game on removal of Kem Sokha

Political analysts across the Kingdom are buzzing about the ramifications of the decision the National Assembly made last week to remove Kem Sokha, deputy president of the opposition Cambodia National Rescue Party (CNRP), as deputy president of the legislative body. ...

Chea Takihiro
http://www.khmertimeskh.com/news/17381/blame-game-on-removal-of-kem-sokha/

Australian gaming company probed for Cambodia payment

Australian gaming firm Tabcorp on Tuesday confirmed that it was under investigation by Australian police over a possible bribe it paid in 2009 to a Cambodian consultancy connected to a sister of Prime Minister Hun Sen. ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/australian-gaming-company-probed-for-cambodia-payment-109949/

Microsoft's Super Wi-Fi could change game

A technology called “Super Wi-Fi” that uses the frequency spectrum between television channels called “white spaces” could be a game-changing force in how people connect to the internet, especially in places like Cambodia. The technology, which requires specialised equipment costing about US$2,000 for a base station ...

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