The week at the CSX August 2-8
The price of Phnom Penh Water Supply Authority stock from the period of August 2 to 8 remained very stable at KHR6,500 for most of the week after a slight increase from KHR6,400 (US$1.57) to KHR6,500 (US$1.6) on August 3. Trading volumes overall were lower ...
Not all app stores online
Smartphones and the accompanying online stores that sell applications for them may be gaining ground across emerging markets, according to a study conducted by a London-based telecommunications research and analysis firm, but Cambodia’s market is limited by a lack of places to legitimately purchase apps, ...
http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html
Cambodia's inflation rate fell to 3 per cent in 2012
Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...
Vehicle Imports up 45 pct in first half
Ministry of Commerce officials maintained that low import taxes and increased demand from consumers were the causes behind the 45.26 increase in vehicle imports in the first half of 2012 compared to the same period last year. The data showed 486,827 vehicles, of all makes and ...
New study reveals catastrophic loss of Cambodia's tropical flooded grasslands
Around half of Cambodia’s tropical flooded grasslands have been lost in just 10 years according to new research from the University of East Anglia. The seasonally flooded grasslands around the Tonle Sap, Southeast Asia’s largest freshwater lake, are of great importance for biodiversity and a ...
http://phys.org/news/2013-03-reveals-catastrophic-loss-cambodia-tropical.html
Kingdom’s small auto industry likely to expand as AEC looms
The Cambodian automotive industry will expand after the Kingdom’s integration into the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) in 2015, thanks to the free flow of goods within the bloc and Cambodia’s competitive advantage as a low-cost manufacturer, according to Cambodian Commerce ...
Cambodia PM says garment firms may quit over wage rows
Cambodia’s strongman Prime Minister Hun Sen on Wednesday warned garment workers that protests demanding higher wages could push manufacturers to quit the country. His appeal came after unions last week said hundreds of workers had been fired from a factory making sportswear for US giant Nike ...
Election worries for tourists
Chris Leyland had forgotten about Cambodia’s national elections when he made plans to travel into Phnom Penh from Vietnam with Jess Jackson, 34, and her two children. Had Leyland, a 41-year-old from Oxford, UK, remembered that it wasn’t going to be a normal weekend in Cambodia, ...
http://www.phnompenhpost.com/business/election-worries-tourists
Cambodia’s flooding brings specter of disease
Flooding is a perennial pain in Cambodia, the low-lying, deeply impoverished nation squeezed between Thailand and Vietnam. About this time each year, rivers swell, lakes expand and villages sink beneath soupy brown waters. But this year’s flooding woes are proving particularly miserable. More than 100 are dead, ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/regions/asia-pacific/cambodia/131011/cambodia-floods-again-disease-dengue
In Cambodia, monks get political after unpopular elections
During Pchum Ben, a Cambodian religious holiday that came to a close last week, Venerable Keo Somaly got up before dawn. By 5 a.m. each day, the 32-year-old monk was dressed in his saffron robe and chanting prayers. Not long after, with the sun still hanging ...
Global Post News Staff
http://www.globalpost.com/dispatches/globalpost-blogs/belief/cambodia-monks-politics-election
Cambodia's service sector encouraging, but reforms needed: ADB
Cambodia is benefiting from a steadily growing service sector, but it needs to clear a number of obstacles to harness the sector’s potential, said a new Asian Development Bank (ADB) report released on Tuesday. The report, entitled Developing the Service Sector as an Engine of Growth ...
Global Times News Staff
http://www.globaltimes.cn/content/824334.shtml#.UoLkAHCBlmM
Rainsy slams informal EU monitors
Opposition leader Sam Rainsy has rebuked the European Union over two low-profile election experts it sent to monitor July’s elections, claiming their presence had undermined Cambodian democracy. In a letter sent on Tuesday to Ugu Astuto, the EU’s top diplomat for South and Southeast Asia, Rainsy ...
Meas Sokchea and Kevin Ponniah
http://www.phnompenhpost.com/national/rainsy-slams-informal-eu-monitors
Cambodia's only stock plummets, shares sold off
In another record-breaking low point, shares of the Phnom Penh Water Supply Authority dipped under 5,000 riel by market’s close yesterday, while one investor sold off some 25,000 shares. The price drop came amid heightened tensions in Phnom Penh. Opposition Cambodia National Rescue Party lawmakers followed ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-only-stock-plummets-shares-sold
Blood Bank Says More Stocks Are Needed to Meet Demand
The National Blood Transfusion Center (NBTC) will launch a website this month aimed at encouraging more people to donate blood as stocks at the center are still critically low and hundreds of units short of meeting demand, the center’s director said Monday. Dr. Hok Kim Cheng ...
Phorn Bopha and Dene-Hern Chen
http://www.cambodiadaily.com/news/blood-bank-says-more-stocks-are-needed-to-meet-demand-41586/
Capturing corruption in modern Cambodia
Towering temples and graceful apsaras are missing from a new Cambodia-themed photo show. Instead, camera lenses focused on corruption. The photos show poverty, inadequate sewage systems and parking squeezes at markets. Contest rules allowed photos to be staged—as long as contestants clarified that a photo was ...
Emily Wilkins
http://www.cambodiadaily.com/news/capturing-corruption-in-modern-cambodia-55812/
Officials accused of embezzling teachers’ salaries
A teachers’ union has accused education officials in Oddar Meanchey province’s Anlong Veng district of stealing 21 million riel, or about $5,200, that had been slated as overtime payments for primary school teachers. In a letter sent to the Education Ministry on Monday, the Cambodia Independent ...
Ben Sokhean and Matt Blomberg
http://www.cambodiadaily.com/news/officials-accused-of-embezzling-teachers-salaries-58676/
Poor urban renters a ‘forgotten demographic’
When Hay Bunny left her home in Prey Veng province some five years ago to find a job in Phnom Penh, she was not expecting to wind up living in a small tin shack hemmed in by dozens of nearly identical dwellings on a single ...
Holly Robertson and Ouch Sony
http://www.cambodiadaily.com/news/poor-urban-renters-a-forgotten-demographic-72322/
Residents say 7NG is buying up White Building
After the development company 7NG completed the violent eviction of more than 1,400 families from Phnom Penh’s Dey Krahorm community in 2009, it set its sights on the adjacent White Building. The historic apartment block, which was built as a low-cost housing project under then Prince ...
Chan Cheuk Yin, Sun Heng and Matt Blomberg
http://www.cambodiadaily.com/news/residents-say-7ng-is-buying-up-white-building-67136/
Prime Minister appeals to rice millers not to lower paddy prices
Prime Minister Hun Sen on Wednesday appealed to rice millers and paddy buyers not to lower prices and to secure better rates for farmers facing difficulties in the early harvest season. The Cambodian Rice Federation (CRF) said the low prices were due to an influx ...
Thou Vireak
https://www.phnompenhpost.com/business/prime-minister-appeals-rice-millers-not-lower-paddy-prices
PM: ‘Peace and stability the bedrock of growth’
Prime Minister Hun Sen, speaking to thousands of Cambodian People’s Party faithful who had congregated on Koh Pich to commemorate the 41st Victory Day on Tuesday, said peace and political stability was the bedrock of Cambodia’s 7.1 per cent economic growth. Low inflation, a stable ...
May Kunmakara
https://www.phnompenhpost.com/business/pm-peace-and-stability-bedrock-growth