GTI price drops on day one
After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...
Eddie Morton
http://www.phnompenhpost.com/business/gti-price-drops-day-one
Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
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
Trafficked fishermen released-for a price
A group of eight Cambodians held for ransom on a Thai fishing boat were freed over the weekend after their families paid 1,000 baht (US$32) per person to a human trafficker in Thailand who is still holding another nine victims, victims and police said yesterday. The ...
War games: Ministry says 'please don't be alarmed' as it announces Golden Dragon military exercise with China
The Ministry of Defence on Thursday warned civilians and aircraft to avoid a section of Kampong Speu province from March 15 to March 30 while Cambodia participates in its Golden Dragon military training exercises with China. ...
Ben Sokhean and Andrew Nachemson
http://www.phnompenhpost.com/national/war-games-ministry-says-please-dont-be-alarmed-it-announces-golden-dragon-military-exercise
Press release: Cambodia, EU applaud the remarkable evolution of cooperation
On 16 August 2023, His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation, extended congratulations to Her Excellency Carmen MORENO, departing Ambassador of the European Union (EU) to Cambodia, for her exemplary efforts and success in her diplomatic tenure in ...
Ministry of Foreign Affairs and International Cooperation
Proposed changes to reserve requirement meets controversy
A proposed increase in the reserve requirement would decrease lending and slow Cambodia’s economic growth, according to some bankers and experts. The National Bank of Cambodia is set to hold a meeting later this month discussing a possible raise of the reserve requirement from 12 ...
Rats Good Business for Cambodians, Food for Vietnamese
Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...
Stronger ties with Cambodia sought ahead of rice-trading zone
Thailand will forge closer ties with Cambodia and other neighbouring countries to increase competency in rice trading and boost the bargaining power of Asean countries by setting up a rice-trading zone soon. Also, Thailand will expand crop cooperation to cassava to raise farm incomes in the ...
Rising Demand Boosts Organic Rice Industry
Production of Cambodian organic rice is rising rapidly as international demand for the product increases, experts said at a forum for growers and other industry members held Tuesday at the Phnom Penh headquarters of agricultural NGO Cedac. “In the first six months of this year we’ve ...
http://www.cambodiadaily.com/business/rising-demand-boosts-organic-rice-industry-34216/
Businesses Feel Strain of High Gas Prices
The price of gasoline rose to a 5800 riel ($1.44) per liter Monday, a 14 percent rise since the beginning of the year. Economists and businesses yesterday said the high prices are having a negative impact on the economy, as everything from transportation companies to ...
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 ...
Cashew Prices Down 40% as Demand sinks
New limitations on Vietnamese exports of processed cashews and slowing demand on the international markets is expected to decrease the price of raw cashews by roughly 40 percent this year, sparking concerns among Cambodian farmers, who are now midway through the harvest season, traders and ...
PM announces new scheme for petrol pricing
Responding to rising oil prices in the Kingdom, Prime Minister Hun Sen on Friday announced measures to cut petrol taxes by around $30 million per year. ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-announces-new-scheme-petrol-pricing
PM calls for lower holiday cab prices
Prime Minister Hun Sen yesterday appealed to taxi drivers around the Kingdom not to raise prices during the national Pchum Ben festival, during which people often visit family in the provinces to pay respects to deceased relatives. ...
May Titthara
http://www.phnompenhpost.com/national/pm-calls-lower-holiday-cab-prices
Cashew price jump sparks call for investment
The price of cashew nuts has jumped about 15 percent this year prompting processers and exporters to call for the government to help funnel more investment into growing the crop. ...
Sok Chan
http://www.khmertimeskh.com/news/24423/cashew-price-jump-sparks-call-for-investment/
Palm sugar production down but prices up
Kampong Speu palm sugar production is predicted to slightly decrease this year due to a late start, climate change, water shortages and working capital for farmers, but prices are expected to rise due to the sugar’s growing popularity since its geographical indication certification. ...
Sok Chan
http://www.khmertimeskh.com/news/23186/palm-sugar-production-down-but-prices-up/
Rice bank buys direct to control prices
The Cambodia Rice Bank (CRB) will intervene to prevent the price of fragrant rice from falling further by offering to buy the staple grain directly from farmers at the market price of 840 riel (21 cents) a kilogram. The CRB also called on farmers to ...
Sok Chan
http://www.khmertimeskh.com/news/29842/rice-bank-buys-direct-to-control-prices/