Exports of palm oil up, despite price drop
Exports of crude palm oil from the Mong Reththy Company – the Kingdom’s sole producer of the product – increased 8.1 per cent for the first 11 months this year, compared to the same period in 2014. ...
Sor Chandara
http://www.phnompenhpost.com/business/exports-palm-oil-despite-price-drop
No oil production until prices rise, experts say
Cambodia is unlikely to be able to produce offshore oil until prices rise, analysts say. Meng Saktheara, a spokesman for the Ministry of Mines and Energy, said he agreed with that analysis. Negotiations over production are not finalized with KrisEnergy, which must also finish its ...
Hul Reaksmey
http://www.voacambodia.com/content/no-oil-production-until-prices-rise-experts-say/3109021.html
Fuel price caps steady as crude heating up
The Ministry of Commerce yesterday announced revised price caps on fuel sold at retail petrol stations throughout the Kingdom from June 12-21, setting a price ceiling of 3,450 riel per litre on regular gasoline, 3,500 riel per litre on premium gasoline and 3,150 riel per ...
Post Staff
http://www.phnompenhpost.com/business/fuel-price-caps-steady-crude-heating
Palm oil price drop to hit local market
Palm oil production is expected to drop over the next few months but instability in the international market is likely to drive down local prices by the start of next year, a Cambodian palm oil producer has warned. The price of crude palm oil in ...
Chea Vannak
http://www.khmertimeskh.com/news/36454/palm-oil-price-drop-to-hit-local-market/
Cambodian farmers cash in on high cashew prices
International commodity prices for cashew nuts are rapidly increasing due to lower supply from Cambodia and Vietnam which is driving up profits for the Kingdom’s farmers, according to industry stakeholders. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/cambodian-farmers-cash-high-cashew-prices
Tourism pushing up land prices in Siem Reap
Land prices in Siem Reap town increased slightly last year compared with the previous year, thanks to the growing strength of the tourism industry, according to insiders. The provincial capital saw prices rise about five percent in residential areas in 2017 and about 10 percent ...
Sum Manet
http://www.khmertimeskh.com/50102545/tourism-pushing-up/
Speculators pounce on rice market as prices rise
Speculators have been selling rice to Thailand via Cambodia for over a month despite domestic prices rising VND1,000/kg. At the meeting of Vietnam Food Association (VFA) on September 7 in HCM City, Director of An Giang Export Company Nguyen Van Tien said the amount of rice ...
http://english.vietnamnet.vn/fms/business/43907/business-in-brief-12-9.html
Corn prices to rise with new Thai policy
Cambodian officials in provinces bordering Thailand said the price of Cambodian corn would increase as a result of a reduced supply and a new Thai government policy of importing more corn for animal processing. The Bangkok Post reported on Tuesday that the Thai cabinet approved the ...
Thai prices ease as intervention distorts regional trade
Thailand’s rice intervention scheme is distorting trade around Southeast Asia, attracting rice smuggled from neighbouring countries into Thai government stockpiles, but genuine business remains slack and Thai prices have fallen this week. Cheap rice from Cambodia and Myanmar is finding its way into Thai government warehouses ...
Hun Sen promotes price lists for public institutions
Prime Minister Hun Sen has urged public institutions to provide clear terms of reference for the services they provide, as part of an effort to attract investment in the Kingdom. Institutions that did not implement this policy would be punished under the law, he said. ...
MobiTel, Smart Fight It Out Over Prices
With competition rife in Cambodia’s telecommunication market, two of the country’s largest mobile phone operators have engaged in a battle over prices and are at odds over the tactics being used to gain market share. On Friday, the Telecommunication Regulator of Cambodia (TRC) ordered all mobile ...
http://www.cambodiadaily.com/news/mobitel-smart-fight-it-out-over-prices-21085/
Thai AirAsia on Siem Reap price war
Thai AirAsia (TAA) is breaking into the Bangkok-Siem Reap segment long dominated by Bangkok Airways in a move reflecting Cambodia’s new directive to open up its top destination for mass tourism. TAA secured permission from Cambodian authorities to launch a daily service starting on Oct ...
http://www.bangkokpost.com/business/aviation/360031/taa-ready-for-price-war-on-new-siem-reap-route
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/
H&M may raise prices to pay workers
Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any price increases in the short-term, but it “might be a possibility” in the future, Helena Helmersson, ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/hm-may-raise-prices-pay-workers
Property Prices on the Rise in Phnom Penh
Preliminary results of a new survey show a steady rise in the price of land in Phnom Penh since the country’s property boom in 2008 and spectacular bust in 2009. The initial findings of the survey by VTRUST Property Co. Ltd. examine land prices during the ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/property-prices-on-the-rise-in-phnom-penh-49622/
Tourism numbers give boost to Sihanoukville property prices
Property has seen a boost in Sihanoukville city in the first quarter of this year, underpinned by increased tourist numbers year-on-year. Cheng Kheng, director of CPL Real Estate Company and president of the Cambodian Valuers and Estate Agents Association, said the outlook on property in Sihanoukville ...
Sum Manet
http://www.phnompenhpost.com/real-estate/tourism-numbers-give-boost-sihanoukville-property-prices
Firm begins process to determine IPO share price
Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/firm-begins-process-to-determine-ipo-share-price-53869/
Draft law puts high price on drunk driving
Drunk drivers could be fined $1000 under a new draft traffic law approved yesterday by The Council of Ministers. The legislation includes a raft of measures aimed at reducing the number of deaths and injuries on the roads. Among the draft law’s 92 articles are new ...
Cheang Sokha
http://www.phnompenhpost.com/post-weekend/draft-law-puts-high-price-drunk-driving
Gov’t misses deadline for new price list
Nearly three weeks after releasing an official price list for basic public services such as the production of passports and ID cards aimed at combating corruption, Interior Ministry officials Monday admitted that the new prices were not yet being applied. ...
Kang Sothear
https://www.cambodiadaily.com/news/govt-misses-deadline-for-new-price-list-82223/
Rubber prices rise amid drop in global supply
Cambodian natural rubber prices rose by about 20 percent last month compared to the same time last year as a result of major global producers reducing supply to the international market, officials and rubber producers said Monday. ...
Kang Sothear
https://www.cambodiadaily.com/business/rubber-prices-rise-amid-drop-in-global-supply-84812/