Unlike Past Elections, Property Investors Remain Buoyant
Ahead of elections 10 years ago, people across the country would hoard rice in case the vote sent the country spiraling into a state of turmoil. Businesses across the country would bide their time before making any major investments. And those who could afford to ...
Crocodile prices down, breeders blame floods
Cambodian crocodile farmers have blamed the falling price of the reptile on flooding, which they say has turned away Thai and Vietnamese buyers – the market’s cornerstone. prices for young crocodiles have dropped 25 per cent since August, Kandal breeder Kaing Sarin said. His reptiles fetched ...
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 ...
Increasing prices drive Kingdom’s rubber
Rubber production in early 2012 increased 21 per cent when compared to the end of 2011, according to Mak Kim Hong, president of the Cambodian Rubber Association. He said yesterday that the price of one tonne of good-quality rubber rose to US$3,800 in early 2012, ...
Residents concerned over low land price
At least 22 families living in the capital’s Chamkarmon district say they are being forced to sell their land at below market value to Thailand’s Bun Roong Company in order to make way for a housing development. Village representative Chhim Veasna said on Wednesday that the ...
Concessions cancelled as oil price plummets
The government cancelled two concessions for offshore oil – Block B and Block F – held by two foreign companies last year because they failed to comply with the terms of their agreements, senior officials from Ministry of Mines and Energy (MME) told Khmer Times ...
May Kunmakara
http://www.khmertimeskh.com/news/20315/concessions-cancelled-as-oil-price-plummets/
Rubber outlook bleak despite price bounce
Despite an initial rebound in global rubber prices, Cambodian rubber farmers predict a bleak year as production and exports have increased while profits continue to suffer. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rubber-outlook-bleak-despite-price-bounce
Meeting on gas prices postponed again
The planned meeting of representatives from eight leading gas-station chains and government officials to discuss a formula for setting a range for retail gasoline prices was postponed yesterday until tomorrow, officials at the Commerce Ministry said. ...
Sum Manet
http://www.khmertimeskh.com/news/16570/meeting-on-gas-prices-postponed-again/
Lacklustre prices, competition dampen cassava exports
Cambodian cassava farmers are facing dropping prices in the agro commodity this season, as the lack of a domestic market and dependence on exports, which faces competition from neighbouring countries, has led them to call for government intervention. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/lacklustre-prices-competition-dampen-cassava-exports
Consensus reached on fuel pricing procedure
The government has reached an agreement with two foreign oil companies operating in Cambodia on a proposed fuel-price mechanism, ending a two-month deadlock that has prevented it from implementing a price ceiling on gasoline sold at petrol stations across the Kingdom. ...
Sor Chandara
http://www.phnompenhpost.com/business/consensus-reached-fuel-pricing-procedure
Land prices drop in capital districts
Land prices in the capital’s Sen Sok and Tuol Kork districts saw a slight decrease in the second quarter relative to the year’s first quarter, which was blamed on a stagnant property market from earlier this year. ...
Sum Manet
http://www.khmertimeskh.com/news/28974/land-prices-drop-in-capital-districts/
PM calls for gasoline price cuts
Prime Minister Hun Sen called for all gasoline local companies to cut their prices in line with falling world prices for oil. ...
Ven Rathavong
http://www.khmertimeskh.com/news/16041/pm-calls-for-gasoline-price-cuts/
Federation mulls supporting rice export price
The Cambodia Rice Federation (CRF) on Thursday met with the Ministry of Commerce to discuss policies for strengthening the country’s ailing rice industry, and unveiled a plan to develop a price-support mechanism to guarantee Cambodia’s rice export price, officials said. ...
Kang Sothear
https://www.cambodiadaily.com/news/federation-mulls-supporting-rice-export-price-110081/
Battambang farmers protest plummeting rice prices
Attempting to call attention to the havoc low rice prices are wreaking on their livelihoods, hundreds of farmers in Battambang’s Sangke district took to the streets yesterday, symbolically pouring rice onto National Road 5. ...
Lay Samean
http://www.phnompenhpost.com/national/battambang-farmers-protest-plummeting-rice-prices
Decree puts riel prices into focus
The government has issued a decree that requires all businesses to put price tags on their products and services in riel to increase transparency for consumers and boost the use of the local currency. ...
Hor Kimsay
http://www.phnompenhpost.com/business/decree-puts-riel-prices-focus
Kampot pepper pact keeping prices stable
Kampot pepper prices are set to remain stable for another year as part of an agreement between local producers that caps prices through the end of 2017, a representative of the pepper association said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kampot-pepper-pact-keeping-prices-stable
Rubber prices soar by 132pct
Cambodian rubber exports increased 32 percent during the first three months of the year compared with the same period last year, while prices grew 132 percent during the first quarter, an agriculture official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rubber-prices-soar-132pct
Cassava prices hit a new low
Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/cassava-prices-hit-new-low
Government Announces Anti-Graft Price Lists
Eight months after the anti-graft provisions of the Anti-Corruption Law came into effect, the Anti-Corruption Unit (ACU) announced yesterday that it would start a widespread campaign to introduce standardized fees for government services in every commune office—though it will likely be months before any visible steps are taken. More than 2,000 ...
Fish prices soar in Stung Treng
Prices for the highly-prized fish known as pa sa-see (Mekongina erythrospila) have more than doubled to $50 a kilogram, sources said. ...