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K-pop a boon for cosmetics shops

Kim Hyun-joong is looking at you. From a poster outside of a hair salon, from a shop window, in a TV commercial or on local social media sites, the South Korean singer and actor decorates various advertisements in Phnom Penh. But it isn’t just about his ...

http://www.phnompenhpost.com/2013062766507/Business/k-pop-a-boon-for-cosmetics-shops.html

Prices rise during mourning

Flower prices soared considerably due to the official mourning period of Cambodia’s former king, Norodom Sihanouk, according to vendors. Crowds of people set upon flower shops at different markets in Phnom Penh, where tens of thousands of mourners participated in paying their respects to the former ...

http://www.phnompenhpost.com/index.php/2012101859296/Business/prices-rise-during-mourning.html

Wealthy Splurge on 'Lucky' License Plates, Phone Numbers

Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...

Construction comeback- After an overheated rise and thundering crash, the building sector returns to stable growth

Back in 2007 and 2008, Phnom Penh was positively abuzz with the sound of drills, hammers and cranes. Construction sites were found all over the city and it seemed that every day new projects were being announced in the media—a skyscraper here, a retail development ...

http://www.etmcambodia.com/viewarticles.php?articlesid=296

Press releases on online and mobile scams

On 22 March 2023, the National Bank of Cambodia (NBC) issued a press release to inform the public that recently, some crooks have tried to defraud money in all forms on social media such as Telegram, Facebook, TikTok, telephone, etc., while the digital technology sector ...

National Bank of Cambodia (NBC)

Download: pdf

SRP Campaign Videos Put Focus on Evictions

While the CPP in Phnom Penh has spent much of the campaign period broadcasting speeches by Prime Minister Hun Sen, hosting music concerts and sending well-known comedians into the streets to work the crowds, the SRP has a starker campaign focus. When the sun sets, 10 ...

Demand for Gold Rises as World Price Falls

Gold prices in Phnom Penh have plummeted by almost a quarter in the past six months as international prices dropped, sparking a rush on buying gold locally, traders said Tuesday. Gold was selling at $1,540 per damlung (26.67 damlung is equal to 1 kg of gold) ...

http://www.cambodiadaily.com/business/demand-for-gold-rises-as-world-price-falls-33097/

Strategy for ventures: convince yourself

One of the two partners who have created Cambodia’s leading food and beverage company, with 22 outlets, says business is not merely about money, but more about finding a need and serving the need. Kouch Sokly says entrepreneurs need to find out what the market needs ...

http://www.phnompenhpost.com/index.php/2012051856228/Business/strategy-for-ventures-convince-yourself.html

Middle class boosts local Samsung sales

Cambodia’s encouraging economic climate had paved the way for the K-four Electronic company to launch Samsung’s latest refrigerator in this country, company representatives said. Kith Bunnarong, of K-four Electronic, said the comp-any’s sales in this country had increased since 2010, when it began working with Thai   ...

http://www.phnompenhpost.com/2013022661596/Business/middle-class-boosts-local-samsung-sales.html

Rocket Internet launches e-commerce site in Cambodia

A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...

http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html

Boeng Kak residents beaten back as homes razed

Excavators flattened eight houses and shops at the north end of Phnom Penh’s Boeng Kak lake on Friday as baton-wielding riot police pushed back distraught residents and badly beat one protestor who was among hundreds of locals who rallied against the latest round of demolitions. The ...

New report evaluates decade of Better Factories Cambodia

A new report – 10 Years of the Better Factories Cambodia Project: A critical evaluation – has been released by Clean Clothes Campaign and Community Legal Education Center. Started in 2001, the goal of the Better Factories program is to improve the working conditions in ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=115382

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 ...

Hands-on contest a hit in Cambodia

Long a popular fixture of US TV and radio competitions, “Hands on a Hardbody,” a marathon endurance contest where participants vie to hold their palms against a car the longest in order to win it, has expanded to Cambodia. More than 80 participants took part ...

http://www.phnompenhpost.com/index.php/2011090151403/Lifestyle/hands-on-contest-a-hit-in-cambodia.html

Japanese mall buys swathe of prime real estate

In one of Phnom Penh’s biggest land deals to date, Japanese shopping mall developer Aeon Mall Co Ltd has bought 6.7 hectares of prime real estate from South Korea’s GS Engineering & Construction, a firm that was once slated to build the tallest building in ...

iPhone struggles for a place in Cambodian market

It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...

http://www.phnompenhpost.com/2013011560781/Business/iphone-struggles-for-a-place-in-cambodian-market.html

Discount shops attracting crowds

Two thousand five hundred – for Mom Dalin, this is more than just a random number or the price of a coffee, it is her way of making a living. The 55-year-old sits at a small desk in her son’s shop on Sihanouk Boulevard, within sight ...

http://www.phnompenhpost.com/2013062066378/Business/discount-shops-attracting-crowds.html

Construction Investment – Cambodia

Construction investment rises sharply Investment in construction in the Kingdom during the first nine months of this year rose 83.6 per cent, according to data from Ministry of Land Management Urban Planning and Construction last week. The data showed that during the first nine months of ...

http://www.cbre.com.kh/2012/11/construction-investment-cambodia/

Sofa Man a big hit with local lounge lizards

Many expats living in Siem Reap have found themselves on the eternal quest for a comfortable sofa. A big, squishy sofa like the one at home, that allows a body to really stretch out on. A Khmer settee – wooden, bench-like and unforgiving – just ...

http://www.phnompenhpost.com/index.php/2012111659759/Siem-Reap-Insider/sofa-man-a-big-hit-with-local-lounge-lizards.html

Shops to close, limit hours

Many restaurants, shops, supermarkets and tourist sites in Phnom Penh and Siem Reap will operate at a limited capacity or close entirely this Sunday as Cambodians line up at voting stations to elect a new government. Despite the closures, Ang Kim Eang, president of the ...

http://www.phnompenhpost.com/business/shops-close-limit-hours

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