Cambodia’s date with US biz
US companies will re-establish their commitment to Cambodia and the region today at the US-ASEAN Business Forum in Siem Reap, a high-profile meeting involving several heads of state and some of the biggest companies in the world. US Secretary of State Hillary Clinton will lead the ...
http://www.phnompenhpost.com/index.php/2012071357388/Business/cambodias-date-with-us-biz.html
In Cambodia, Cyber Casinos Fall Into a Legal Gray Area
In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...
Latex exports rise, revenues fall
Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...
http://www.phnompenhpost.com/index.php/2012112959998/Business/latex-exports-rise-revenues-fall.html
Real Estate Market Showing Signs of Recovery
Land prices in Cambodia continued to recover in the last half of 2012, especially in urban areas, following a collapse of the market in 2008, real estate investors say. Keuk Narin, vice president of Asia Real Estate Cambodia, told VOA Khmer that commercial land prices ...
http://www.voacambodia.com/content/real-estate-market-showing-signs-of-recovery/1580588.html
Property prices stagnant following election
Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...
Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election
PP land prices on the rise
As Cambodia moves forward with its economy and prepares for the ASEAN integreation, land prices in Phnom Penh are rising. Phnom Penh land prices increased between 10 to 30 per cent depending on whether the area was an economically active location, a residential area or an ...
Siv Meng
http://www.phnompenhpost.com/real-estate/pp-land-prices-rise
Hun Sen Calls on G-8 to Stabilize Food Prices
Going back on an earlier promise not to make any more public speeches before next month’s commune elections, Prime Minister Hun Sen gave the opening address at a two-day conference on food security and nutrition in Phnom Penh yesterday. At the event, organized by the Council ...
Cambodia's inflation increases by 1.6 pct in November
Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...
http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm
Russian Boulevard land prices rising
The west end of Street 110, also known as Russian Boulevard, is attracting increasing interest from investors and retailers because of its vital role connecting Phnom Penh International Airport with the city centre. Local real estate experts estimate that land prices along the thoroughfare have risen ...
Post Staff
http://www.phnompenhpost.com/real-estate/russian-boulevard-land-prices-rising
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
Kingdom inflation rises on oil prices
Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...
Mfone’s Assets Sold For Hugely Reduced Price
The assets of bankrupt mobile operator Mfone, which owes creditors more than $160 million, have been sold to a single buyer for the bargain price of $10 million, a lawyer involved with the case said Monday. Khan Sereyvuthy, a legal adviser to the government-appointed administrator handling ...
Aun Pheap
http://www.cambodiadaily.com/business/mfones-assets-sold-for-hugely-reduced-price-46861/
Cambodia to tap, maximize gains from automotive sector evolution
Cambodia’s aim to become an automotive parts manufacturing hub, making a wide range of low-to-medium complexity components for export, is an important part of its plan to diversify the economy and also to offset the impact of the Covid-19 pandemic on the traditional key sectors, ...
Prakash Jha
https://www.khmertimeskh.com/501225192/cambodia-to-tap-maximize-gains-from-automotive-sector-evolution/
Ministry sets official Tuol Sleng ticket price
Although foreigners have long paid a fee to enter Phnom Penh’s Tuol Sleng Genocide Museum, the Ministry of Culture and Fine Arts has announced that the days of apparently free entry to the notorious Khmer Rouge prison are finished and the charge will now be ...
Kuch Naren
http://www.cambodiadaily.com/news/ministry-sets-official-tuol-sleng-ticket-price-62599/
Coffee Prices Increase on Demand for Product
The price of coffee in Mondolkiri province, the country’s top coffee producing area, is continuing to increase as demand for the commodity continues to grow, according to local farmers and officials. Chay Moa, who owns a 5-hectare coffee farm in Sen Monorom City, said that he ...
Decline in price of rubber leaves farmers scrambling
For Sam Phat and her family, the decision 10 years ago to plant rubber trees on their hectare of land was an easy one. Because of booming demand, mostly from China, rubber prices were high, and the startup cost of planting trees was low. ...
James Reddick and Ros Chanveasna
http://www.khmertimeskh.com/news/14261/decline-in-price-of-rubber-leaves-farmers-scrambling/
Rice prices seen gaining ground in Mekong region
A prolonged regional drought is expected to push Thai and Vietnamese rice prices up by 10 to 15 per cent, narrowing the price gap that has kept Cambodian rice exporters from securing major international supply orders, one of the Kingdom’s biggest rice exporters said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-prices-seen-gaining-ground-mekong-region
Phnom Penh Land Prices Slow Growth
Property prices in Phnom Penh increased by about 15 percent at the end of June compared to the same period in 2011 , according to data released yesterday by local realty firm Asia Real Estate Cambodia (ARC). The average price of commercial property in Phnom Penh ...
High food prices shrink imports in third quarter
Food and beverage imports in the Kingdom fell more than 70 per cent in the third quarter, as high international prices and the growth of domestic production dragged on demand. About 192,580 tonnes of food and beverage products entered Cambodia between July and September, down 72 ...
Private Firms Approach Cambodia’s Bourse With Caution
When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...