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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/

Inflation down as global oil prices ease off

Cambodia experienced low inflation of around 1 per cent over the last three months thanks to a decline in oil prices, according to the latest data from the National Institute of Statistics. Inflation went from 0.8 per cent in January to 1.2 per cent in February, ...

May Kunmakara
http://www.phnompenhpost.com/business/inflation-down-global-oil-prices-ease

Cambodia priced out of Filipino rice tender again

Cambodia has lost a 100,000-tonne Filipino rice bid to Vietnam, on account of a higher costs as compared to regional competitors, marking the fourth time the Kingdom has failed to win a rice tender issued by the Philippines. The Philippines National Food Authority last week awarded ...

Chan Muyhong
http://www.phnompenhpost.com/business/cambodia-priced-out-filipino-rice-tender-again

Decline in price of rubber leaves farmers scrambling

For Sam Phat and her family, the decision 10 years ago to plant rubber trees on their hectare of land was an easy one. Because of booming demand, mostly from China, rubber prices were high, and the startup cost of planting trees was low. ...

James Reddick and Ros Chanveasna
http://www.khmertimeskh.com/news/14261/decline-in-price-of-rubber-leaves-farmers-scrambling/

More money for meat

Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically ...

http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html

Potential seen for National Road 4

Land prices along National Road 4 still have the potential to rise, despite the relocation of a number of factories to National Road 3, property experts say. The price of land goes from $100 to $300 per square metre from Chaom Chao cycle to the ...

http://www.phnompenhpost.com/index.php/Real-Estate/potential-seen-for-national-road-4.html

Cambodian rubber earnings fall

Following global supply growth and falling prices, Cambodian rubber has decreased in value over the past three months, according to industry experts. Men Sopheak, deputy director-general of the Chop Rubber Plantation, a major rubber exporter in Cambodia, said yesterday that the price of dried [natural] rubber ...

http://www.phnompenhpost.com/business/cambodian-rubber-earnings-fall

Kingdom’s rubber exports rise, but prices stay flat

Rubber exports from Cambodia were up over 17 per cent in the first quarter of 2013, but the revenue from rubber stayed steady as prices decline worldwide, according to data from the Ministry of Commerce. The data showed that in the first quarter of this year, ...

http://www.phnompenhpost.com/2013042565218/Business/kingdom-s-rubber-exports-rise-but-prices-stay-flat.html

The fight against false information requires understanding of technology

Khieu Kanharith, Minister of Information, said that in order to fight against the spread of false information people must understand technology and the evolution of society. ...

Khmer Times Staff
https://www.khmertimeskh.com/501107540/the-fight-against-false-information-requires-understanding-of-technology/

Net keeps telcos on their toes

Pressure is mounting on the Kingdom’s telecommunications industry to stay ahead of the game as the demand for data and mobile internet becomes a top priority for Cambodian consumers. As global smartphone manufacturers saturate Cambodia’s market in an effort to meet the demand for new technology, ...

Eddie Morton
http://www.phnompenhpost.com/post-weekend/net-keeps-telcos-their-toes

Rice Jumps Exchange Limit to One-Month High on Asia Flood Damage

Rice futures jumped the most permitted by the Chicago Board of Trade, advancing to a one- month high, as flood damage to crops in Southeast Asia boosted prospects for U.S. exports. Storms since September damaged 12.5 percent of paddies in Thailand, the world’s largest exporter, and ...

http://www.bloomberg.com/news/2011-10-24/rice-jumps-to-one-month-high-on-southeast-asia-crop-losses.html

At Fuel Pumps, Price and Quality Are Anybody’s Guess

PHNOM PENH – Cambodia imports all of its fuel from abroad, but little regulation in the sector means everyday Cambodians see all kinds of prices at the pumps. prices are high in Phnom Penh, while sometimes cheaper on the outskirts of the capital and even ...

http://www.voacambodia.com/content/at-fuel-pumps-price-and-quality-are-anybody-guess/1619374.html

Milled rice exports gaining traction

The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...

http://www.phnompenhpost.com/index.php/2012042455728/Business/milled-rice-exports-gaining-traction.html

Blackouts leading to reduced production

Frequent power outages in Phnom Penh, a result of a shortage of supply and overuse by consumers, is harming the competitiveness of Cambodian products, industry insiders said yesterday. In addition to the challenges of expensive electricity prices, an ongoing issue for production costs, unreliable supply during ...

http://www.phnompenhpost.com/2013030761800/Business/blackouts-leading-to-reduced-production.html

Blackouts to end soon: EdC

Blackouts in Phnom Penh will no longer be a problem after an energy source near Sihanoukville starts providing an extra 50 megawatts of coal-fired power to the city next month, the director-general of Electricite du Cambodge (EdC) said. Keo Rottanak said by mid-June at the latest ...

http://www.phnompenhpost.com/2013052765845/Business/blackouts-to-end-soon-edc.html

All quiet in Siem Reap for houses and land

Although Siem Reap is known as the land of smiles, the growth of the culture, civilization and power, the real estate sector in the province for the first six months of 2013 has not increased a great deal. The buying or selling of properties in Siem ...

http://www.phnompenhpost.com/real-estate/all-quiet-siem-reap-houses-and-land

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