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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 ...

http://www.phnompenhpost.com/index.php/2011102752374/Business/high-food-prices-shrink-imports-in-third-quarter.html

Medical bills lead many into debt, survey reveals

Small-scale health insurance policies can be an effective way to avoid drowning in debt, according to a survey released yesterday. Fifty-eight percent of 5,275 households surveyed in Kandal, Takeo and Kampot provinces had taken out loans, with health care and medical costs being the chief reason, ...

Digital transformation ‘new growth engine’ for Kingdom

With the rise of Industry 4.0, digital transformation will be the new growth engine that Cambodia needs to realise its long-term vision of becoming a high-income country, an economic expert said on Tuesday. Speaking at the 13th annual outlook conference, which was organised by Cambodia ...

Hor Kimsay
https://www.phnompenhpost.com/business/digital-transformation-new-growth-engine-kingdom

Local gold sales spike following Brexit vote

Local shops dealing in gold reported a surge in activity following the United Kingdom’s vote on Friday to leave the European Union – a decision that pushed international gold prices up sharply as worried investors sought a safe-haven asset. ...

Hor Kimsay
http://www.phnompenhpost.com/business/local-gold-sales-spike-following-brexit-vote

Kingdom’s list of certifications grows to 868

The Institute of Standards of Cambodia developed 63 new standards last year, bringing the total number of certifications available from the government to 868, though one industry representative said the system still needed improvement in order to facilitate exports. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdoms-list-certifications-grows-868

Consumer price index climbs on food and fuel

Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...

http://www.phnompenhpost.com/index.php/2012091058593/Business/consumer-price-index-climbs-on-food-and-fuel.html

UAE- Lubna Al Qasimi heads Trade delegation to Cambodia and Thailand

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade will lead a delegation on Monday to Cambodia and Thailand to discuss strengthening trade and investment ties with these countries. The delegation also included officials and representatives from national institutions and companies. ...

http://www.menafn.com/menafn/1093564536/UAE-Lubna-Al-Qasimi-heads-Trade-delegation-to-Cambodia-and-Thailand

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

IBBM Launches Chartered Banker Qualifications In Cambodia

The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country. The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=978465

Another H5N1 Avian Flu outbreak in South Cambodia

A new outbreak of H5N1 highly pathogenic avian influenza has been reported in a village poultry flock. The veterinary authority sent Follow Up Report No.3 dated 21 March to the World Organisation for Animal Health (OIE). ...

The Poultry Site News Staff
http://www.thepoultrysite.com/poultrynews/31826/another-h5n1-avian-flu-outbreak-in-south-cambodia

Businesses warned not to increase holiday rate

With Khmer New Year arriving next week, Prime Minister Hun Sen has warned tourism-related businesses against increasing service prices during the three-day holiday. Speaking at a graduation ceremony for students at Vanda Institute of Accounting in Koh Pich yesterday, the prime minister appealed to hotels, guesthouses, ...

Hor Kimsay
http://www.phnompenhpost.com/business/businesses-warned-not-increase-holiday-rate

Hun Sen tells King Buddhist Institute’s land not for sale

Government denials over the rumored development of the Buddhist Institute have reached the highest levels, with the prime minister penning a letter to the king to assure him the land is not for sale. In a letter addressed to King Norodom Sihamoni dated October 6 and ...

Khuon Narim
http://www.cambodiadaily.com/news/hun-sen-tells-king-buddhist-institutes-land-not-for-sale-69609/

Hitachi looks to set up SEZ in Kandal province

Japanese conglomerate Hitachi on Wednesday signed a memorandum of understanding with three major companies to conduct a feasibility study on the potential development of a new special economic zone (SEZ) in Kandal province, said the CEO of one of the signatories. ...

Kang Sothear
http://www.cambodiadaily.com/business/hitachi-looks-to-set-up-sez-in-kandal-province-72712/

Coca-cola guides ‘rebranding’ cambodia event

Commerce Minister Sun Chan­thol evoked the late U.S. President John Kennedy on Friday at a seminar about “rebranding” Cambodia that quickly turned into a promotional event for Coca-Cola. ...

Matt Blomberg and Kang Sothear
https://www.cambodiadaily.com/news/coca-cola-guides-rebranding-cambodia-event-80912/

Deeper look into foreign policy shifts of Cambodia

The ruling Cambodian People’s Party (CPP) has recently defined a flexible foreign policy plan, projected to span the next five years. This strategic approach is a reflection of their adaptation to the dynamic geopolitical landscape, shaped by competitive influences of the world’s major powers. ...

Niem Chheng
https://www.phnompenhpost.com/national/deeper-look-foreign-policy-shifts-cambodia

Tong Yang to Underwrite Bonna Realty IPO

More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...

Phnom Penh Autonomous Port pushes for IPO

Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...

http://www.phnompenhpost.com/index.php/2012072557594/Business/phnom-penh-autonomous-port-pushes-for-ipo.html

Not enough high-quality jobs, group warns

Cambodia does not have enough productive or high-quality jobs available and most employment is informal, which will prevent Cambodians from rising out of poverty, the International Labor Organization (ILO) said Monday at a workshop in Phnom Penh. To help solve the issues affecting the labor market, ...

On world rabies day, a call for cooperation

Government officials and public health workers met with about 100 students at the Ministry of Health’s school of nursing in Phnom Penh on Monday to mark World Rabies Day, calling for a united effort to eradicate a virus that kills hundreds of Cambodians each year. ...

Meghan Tribe
https://www.cambodiadaily.com/news/on-world-rabies-day-a-call-for-cooperation-95814/

Hunger drops by nearly 50 percent since 2000

Cambodia has experienced the largest decrease in hunger since 2000 among countries with severe levels of hunger, according to a new report released by three international NGOs, and is close to qualifying as a nation of “moderate” concern. ...

Janelle Retka
https://www.cambodiadaily.com/news/hunger-drops-by-nearly-50-percent-since-2000-97457/

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