Government to fight oil price hike with tax cuts
Starting July 1, Cambodians will pay as much as 160 riel ($0.4) less for litre of gasoline, following tax cuts mandated by Prime Minister Hun Sen as well as price reductions implemented by local gas stations. ...
May Kunmakara
https://www.khmertimeskh.com/50504326/government-to-fight-oil-price-hike-with-tax-cuts/
Commerce Ministry intervenes to stop fall in rice price
The Ministry of Commerce is taking action to stop a drop in the price of white rice. Following reports of a fast decline in the price of the commodity, the Ministry of Commerce started working with local authorities to gather information in major rice-producing areas, ...
Sum Manet
https://www.khmertimeskh.com/50513263/commerce-ministry-intervenes-to-stop-fall-in-rice-price/
Lower fuel prices no remedy for troubled transport sector
While local petroleum prices have dropped by nearly a quarter of their value since the start of the year, companies operating in the Kingdom’s highly competitive transportation sector insist they have not been able to convert lower fuel costs into higher profits – even when ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/lower-fuel-prices-no-remedy-troubled-transport-sector
Farmers in northwest struggle as cassava prices remain low
Yon Kob’s cassava fields in Sala Krao district have usually been harvested by now, but this year the thicket of thin, knobby cassava plants is still standing. Mr. Kob has delayed his harvest in the hope that the price of the tuber would rise, but ...
Jonathan Cox
http://www.khmertimeskh.com/news/22982/farmers-in-northwest-struggle-as-cassava-prices-remain-low/
Phnom Penh land prices, condo sales continue to surge
The Phnom Penh property market continued to see a broad rise in sales and rental values during the final quarter of last year, with land values across the capital’s four central districts rising by an average of 8.4 percent from the third quarter, according to ...
Sum Manet
http://www.khmertimeskh.com/news/22620/phnom-penh-land-prices--condo-sales-continue-to-surge/
Government refutes claims over price of Bangladesh rice deal
Cambodian officials and members from the private sector have refuted international media reports that claim the price for rice exports to Bangladesh will be set at $453 a tonne as part of a government-to-government deal that hopes to see 250,000 tonnes of white rice exported ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/government-refutes-claims-over-price-bangladesh-rice-deal
Gold Being Sold Fast as Int’l Price Drops
The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...
Price of Water Spikes as Sihanoukville Shortages Drag On
As Sihanoukville’s water shortage drags on, the price of water being delivered by private suppliers has skyrocketed with residents and business owners growing ever more desperate to get clean water into their homes, hotels and restaurants. Over the past week, since a reservoir supplying the city ...
http://www.cambodiadaily.com/news/price-of-water-spikes-as-sihanoukville-shortage-drags-on-17341/
Increase in Customs Taxes Raises Retail Prices in Cambodia
Customs officers along Cambodia’s border have been instructed to increase their efforts to properly inspect and tax products coming into the country, which has increased the cost of imports and led to a rise in retail prices for a host of goods, government officials, businessmen ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/business/increase-in-customs-taxes-raises-retail-prices-in-cambodia-48461/
Land prices in Siem Reap spike 15 per cent
Strong economic growth and an increase in tourism had driven Siem Reap land prices, according to an industry expert. Sorn Seap, general manager of Key Real Estate who had studied land prices in Siem Reap town, said land prices in Siem Reap town increased about 15 ...
Siv Meng
http://www.phnompenhpost.com/real-estate/land-prices-siem-reap-spike-15-cent
Exports of rubber up, but prices on the fall
Despite a large increase in exports during the first quarter, natural rubber producers continue to see declining revenues, as world prices fall further. The latest figures from the Ministry of Commerce show natural rubber exports grew 26 per cent during the first quarter of 2014, compared ...
Chan Muyhong
http://www.phnompenhpost.com/business/exports-rubber-prices-fall
Price woes fuel corn farmers’ fears of lackluster sales
Corn farmers and dealers in the country’s northwestern provinces fear a decline in sales this season as local storage facilities become increasingly scarce and demand from Thai importers declines. Khun Thorn, president of Ta Sdar Samky Farmer Community in Battambang province, told the Post yesterday that ...
Chan Muyhong
http://phnompenhpost.com/business/price-woes-fuel-corn-farmers%E2%80%99-fears-lackluster-sales
Vendors hit as price of Thai durian imports rise
The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/vendors-hit-as-price-of-thai-durian-imports-rise-59964/
As prices fall, rat hunting’s few charms fade
Just after sunrise in the slums surrounding the Stung Meanchey dump, Lak Han, 45, sits in the dirt outside his home methodically chopping up a large pile of rodents. For many years, like hundreds of others at the dumpsite, Mr. Han made a paltry living collecting ...
Mech Dara and Holly Robertson
http://www.cambodiadaily.com/news/as-prices-fall-rat-huntings-few-charms-fade-64042/
Medical students protest price of final-year certification exam
About 50 students from the state-run University of Health Sciences protested outside the school Thursday to demand a decrease in the $125 fee they must pay to take their exit examination, which certifies them as medical doctors. The Health Ministry began making medical students sit the ...
Cambodia weighs oil stockpile as global price nosedives: PM
Cambodian Prime Minister Hun Sen said Tuesday that the government is studying the possibility to purchase petroleum for a stockpile as global oil price is going down. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-02/10/c_133983437.htm
Interior ministry publicizes official price list to combat bribery
The ministers of interior and finance last month signed off on a document announcing official prices for basic government services such as the production of ID cards and passports in order to combat irregular fee collection, according to a copy of the document released Saturday. ...
Aun Pheap
https://www.cambodiadaily.com/news/interior-ministry-publicizes-official-price-list-to-combat-bribery-81443/
Vietnam export prices rise for rice sought by PHL
Vietnam, the world’s third largest rice exporter after India and Thailand, has raised by 3% the export price floor for the 25% broken rice to $350 a ton as it prepares for a tender in the Philippines, traders said. ...
Business World Online News Staff
http://bit.ly/1eOqD6G
Office prices stable, but could rise as rentals expire
As the time for tenants to change office space comes closer as leases expire, new office spaces are opening around Phnom Penh with some seeing positive results while others struggle. ...
Siv Meng
http://www.phnompenhpost.com/real-estate/office-prices-stable-could-rise-rentals-expire
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