Regulator to Review Minimum Prices for Calls
An official at the Telecommunication Regulator of Cambodia (TRC) said Wednesday that the body plans to review and possibly lower the current minimum price per call after it recently ordered the country’s seven mobile phone operators to abide by a law that sets minimum call ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/regulator-to-review-minimum-prices-for-calls-48616/
Minister Says Set Phone Call Prices ‘Temporary’
The minister of posts and telecommunications on Monday insisted an edict ordering the country’s seven mobile phone operators to abide by a law that sets minimum prices for calls is only temporary. Prak Sokhon, the newly-appointed posts and telecommunications minister, said the order was necessary because ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/minister-says-set-phone-call-prices-temporary-48975/
Flood concerns eased by cassava price hikes
Despite flood damage causing reduced production levels, cassava farmers in Pailin province are benefiting from an increase in the purchasing price, provincial department of agriculture officials say. “This year’s harvest dropped to 25 tonnes per hectare from 30 tonnes per hectare last season because of the ...
Chan Muyhong
http://www.phnompenhpost.com/business/flood-concerns-eased-cassava-price-hikes-0
Grand Twins’ share price continues to drop
The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...
Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/grand-twins-share-price-continues-to-drop-62374/
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/
Commerce Minister announces reduction in petrol prices
Gasoline prices have been decreased by 300 Riel per liter, according to an announcement issued Thursday by Ministry of Commerce. The oil prices of four companies are decreased from current 5,050 Riel to 4,750 Riel per liter for gasoline, while from 4,750 Riel to 4,500 ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/commerce-minister-announces-reduction-in-petrol-prices-7695
Rainsy takes credit for falling energy prices
CNRP President Sam Rainsy on Friday told supporters that the opposition party was responsible for recent government efforts to lower gasoline and electricity costs and said he would work to keep alive the new “culture of dialogue” with the CPP, despite Prime Minister Hun Sen calling ...
Kuch Naren
https://www.cambodiadaily.com/news/opposition-leader-takes-credit-for-falling-energy-prices-76617/
Gov’t to monitor prices at pump
The Cambodian government is again urging petrol retailers to pass on savings to the consumer amid the continued plunge in global oil prices, which hit a new five-year low yesterday. The premier’s criticism of foreign fuel retailers comes after the minister of commerce, Sun Chanthol, ...
Eddie Morton
http://www.phnompenhpost.com/business/govt-monitor-prices-pump
Gov’t calls for lower fuel prices
The government yesterday asked fuel retailers to lower petroleum prices, so as to reflect the drop in global prices in the last few months.At a meeting chaired by Chhoun Dara, a secretary of state at the Commerce Ministry, oil companies were given a week to ...
Sor Chandara
http://www.phnompenhpost.com/business/govt-calls-lower-fuel-prices
NagaCorp raises $156 million from top-up placement
NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...
http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx
Oil prices hit all-time high in Cambodia
Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm
Farmers Look to Cassava for Its High Prices
The number of farmers growing cassava in Cambodia has increased with the land dedicated to its cultivation having been doubled this year. Floods in Thailand resulted in a drop in availability increasing demand and as a result prices. 294,359 hectares of cassava have been planted ...
Pursat City Residents Threaten To Protest Electricity Prices
More than 500 residents of Pursat City have signed a letter addressed to Minister of Industry, Mines and Energy Suy Sem threatening to take to the streets in protest if the town’s privately owned electricity distributor does not reduce prices. Rong Chhun, president of the Cambodian ...
Corn harvest begins in northeast amid price dip
Corn harvest season has begun in the Kingdom, but farmers in the northwest are facing a price decline, and hinting they may seek markets in neighbouring Thailand for their crops. Prior to the harvest, provincial authorities reported corn prices at around 630 riel per kilogram ...
Hin Pisei
https://www.phnompenhpost.com/business/corn-harvest-begins-northeast-amid-price-dip
‘Free market’ no excuse for price gouging: CNRP
Despite Prime Minister Hun Sen’s request for bus owners and cab drivers to not hike prices over the Pchum Ben holiday, passengers were subjected to a familiar price bump this week. ...
Chea Takihiro and Srey Kunmeth
http://www.khmertimeskh.com/news/16770/---free-market----no-excuse-for-price-gouging--cnrp/
Prime minister cuts port prices, starts graft probe
Prime Minister Hun Sen on Sunday announced across-the-board cuts to the fees being charged by three of the state’s main logistics firms and ordered a probe into transport sector corruption, which he blamed for nearly half the industry’s expenses. ...
Kang Sothear
https://www.cambodiadaily.com/news/pm-cuts-port-prices-starts-graft-probe-112013/
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
Falling rice price taking a toll on exporters
The falling price of rice in Asia due to the slowing global economy and intensifying regional competition is taking a toll on Cambodian exporters and farmers even though exports jumped more than 20 percent last month compared to January last year, executives said. ...
Sum Manet
http://www.khmertimeskh.com/news/21838/falling-rice-price-taking-a-toll-on-exporters/
Fuel retailers asked to account for price mismatch
The Ministry of Commerce has called for a meeting with fuel retailers to review prices at the pump after Prime Minister Hun Sen urged them to set prices that reflect falling global oil prices, a government official said.Ken Ratha, spokesman for the Ministry of Commerce, ...
Sorn Sarath
http://www.phnompenhpost.com/business/fuel-retailers-asked-account-price-mismatch
Price wars to subvert gains made by SMEs
Cambodian entrepreneurs and business leaders on Saturday stressed the challenges for firms in the hospitality and retail sectors that adopt an aggressive pricing policy, suggesting a more value-added approach instead. ...
Ayanna Runcie
http://www.phnompenhpost.com/business/price-wars-subvert-gains-made-smes