Expectations exceeded at new dental hospital
When Dr. Tith Hongyoeu opened Roomchang Dental and Aesthetic Hospital in a new 10-storey building on Street 184 just off Norodom Boulevard six months ago, it was the realisation of a dream come true for a poor boy from Kampong Thom province who grew up ...
Digital tech deal to change the transport game: Loba
The top logistics industry body has struck a deal with a digital technology association that is tailored to better position the freight sector to drive growth and slash delivery times and operating costs, according to the former’s chief. ...
Hin Pisei
https://www.phnompenhpost.com/business/digital-tech-deal-change-transport-game-loba
Cambodia Far From Intellectual Property Targets
Cambodia is still a way off implementing World Trade Organization (WTO) rules on intellectual property rights, despite a deadline to do so in just over a month. At the end of June, the group of the world’s 49 least developed countries (LDCs), including Cambodia, run out ...
http://www.cambodiadaily.com/business/cambodia-far-from-intellectual-property-targets-26805/
CSX to increase trade times
THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities ...
http://www.phnompenhpost.com/2013022861659/Business/csx-to-increase-trade-times.html
Thai rice cuts pose problems
Thailand’s recent announcement of a 20 per cent price cut within the government rice-pledging scheme will have little impact for Cambodian exports, but farmers may feel the effects, say industry insiders. In an article published in the Bangkok Post on June 19, Thailand’s cabinet had agreed ...
http://www.phnompenhpost.com/2013062166407/Business/thai-rice-cuts-pose-problems.html
Against the Grain
On the palm-studded plains of Cambodia, rice farmers’ eyes light up with the prospect of sending their crop northward to China. The poor Southeast Asian nation had been trying for several years to export rice to the mainland but only last year did it gain ...
http://www.chinaeconomicreview.com/china-rice-demand-market-import
Cambodia’s rubber exports show 23% increase, but prices decline
Cambodia’s rubber exports increased 23 per cent in the first quarter of this year on the same period last year, while rubber prices continue to decrease, according to figures from the General Directorate of Rubber under the Ministry of Agriculture, Forestry and Fisheries. The data ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/cambodias-rubber-exports-show-23-increase-prices-decline
Hun Sen appeals for normal transport prices over New Year
Prime Minister Hun Sen yesterday asked all taxi drivers and transportation companies to not increase prices during the Khmer New Year and said public buses in Phnom Penh would be free for citizens during that time. ...
Mom Kunthear
http://www.khmertimeskh.com/50202110/hun-sen-appeals-for-normal-transport-prices-over-new-year/
Farmers remain sceptical even as local prices for pigs double
The outlook of local farmer’s remained dismal even as the price of pigs doubled during the second quarter, with many of them pointing to a lack of government regulation as a factor that is sowing market unreliability. Rising to $2.20 per kilogram from just over ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/farmers-remain-sceptical-even-local-prices-pigs-double
Gas-price talks yield 2 cent cut for a week
Six of the country’s eight major gas retailers yesterday agreed to a request from the Commerce Ministry to lower the price of gas by 100 riel (about two cents) per liter for the Pchum Ben festival, as negotiations on a formula for setting a price ...
Sok Chan
http://www.khmertimeskh.com/news/16669/gas-price-talks-yield-2-cent-cut-for-a-week/
New ISP aims to compete on quality, not low pricing
Cambodia’s newest internet service provider (ISP), Today Communication, will join a busy market when it begins offering its services in Phnom Penh on Saturday. However, the company hopes that its focus on providing quality service, especially to businesses, will distinguish it from more than 30 ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/new-isp-aims-compete-quality-not-low-pricing
Angkor Wat ticket prices set to rise after government takeover
Tourism Minister Thong Khon said on Sunday he did not believe an upcoming hike in the cost of tickets for foreigners visiting Angkor Wat will cause fewer tourists to come to Cambodia, with surveys showing most who visit the country are prepared to pay more. ...
Kang Sothear
https://www.cambodiadaily.com/news/angkor-wat-ticket-prices-set-to-rise-after-govt-takeover-116386/
Petrol prices should reflect drop in import costs: gov’t
Local petroleum retailers responded to a government deadline yesterday by agreeing to adopt a flexible pricing mechanism to reflect fluctuations in global oil prices, but there will not be any immediate price reductions, according to a Commerce Ministry spokesperson. ...
Sor Chandara
http://www.phnompenhpost.com/business/petrol-prices-should-reflect-drop-import-costs-govt
Share price set for port’s $5.2M IPO
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo
With soaring prices, local developers shift away from BKK1
The real estate market in the BKK1 area appears to be beginning to slow after years of accelerated growth as local investors look for more affordable alternatives within Phnom Penh.Seng Bunna, CEO of Bunna Realty Group, said that while the history of BKK1’s foreign-oriented growth ...
Siv Meng
http://www.phnompenhpost.com/real-estate/soaring-prices-local-developers-shift-away-bkk1
Risky new lending service offers quick cash for a price
Sok Rasmey (not his real name) works for an NGO in Phnom Penh with a salary of $350 a month. This is usually enough to cover his modest living costs, but when urgent expenses arise, he often looks to borrow to cover his costs. Ashamed ...
Kun Kourchettana
http://www.phnompenhpost.com/business/risky-new-lending-service-offers-quick-cash-price
Analysis: Cambodia signing up for Chinese billions – at a price
Arriving in Phnom Penh in the midst of a political crackdown on dissent, Chinese Premier Li Keqiang showed no qualms about signing 19 major development deals yesterday with Cambodian Prime Minister Hun Sen, making it clear that Chinese aid to the Kingdom remains unaffected by ...
Andrew Nachemson
http://www.phnompenhpost.com/national/analysis-cambodia-signing-chinese-billions-price
Brick prices climb to towering highs on demand from Sihanoukville
Brick prices in Cambodia have risen sharply in the last year, a trend that has accelerated over the first two months of this year due to growing demand from the rapidly developing coastal town of Sihanoukville. The price of 10,000 bricks hovered around $180 early ...
Hor Kimsay
http://www.phnompenhpost.com/business/brick-prices-climb-towering-highs-demand-sihanoukville
Telecom regulator to steer clear of service providers’ price war
After a year of toothless warnings against below-cost mobile deals – which it previously called “suspicious” and “unfair” – the country’s telecommunications regulator yesterday capitulated, instead beseeching operators to steer clear of confusing marketing and maintain the quality of their services. ...
Hor Kimsay
http://www.phnompenhpost.com/business/telecom-regulator-steer-clear-service-providers-price-war
Going home to vote? Expect a hike in travel prices
Voters who travel to cast ballots in the upcoming poll Sunday could face higher transportation fees as drivers and companies try to capitalise on heavier passenger volume. Phan Na, general manager at Phnom Penh Sorya Transportation, which sells bus tickets to several provinces, said fees could ...
http://www.phnompenhpost.com/business/going-home-vote-expect-hike-travel-prices