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
Notification on the reimbursement of the price of clean water
On 12 September 2017, the Phnom Penh Water Supply Authority (PPWSA) adjusted the calculation to the previous formula and is reimbursing the repayment to the customer in two options as follows:Option 1: Customers can come and receive the cash directly at any of PPWSA’s counter during ...
Phnom Penh Water Supply Authority
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
Bar Association Requests Set Price for Copies of Case Files
The Bar Association of Cambodia has written to Justice Minister Ang Vong Vattana requesting that an official price be set for photocopies of court case files, claiming that court clerks are taking advantage of the current system by charging lawyers extortionate amounts. The letter, dated October ...
Kuch Naren
http://www.cambodiadaily.com/news/bar-association-requests-set-price-for-copies-of-case-files-46689/
Improved economic conditions boost land prices in Battambang city, province
Battambang land prices have increased this year, according to a local real estate firm. Sorn Seap, general manager of Key Real Estate, said land prices in Battambang city, capital of the province of the same name, have increased by around 12 per cent this year compared ...
Education Ministry meeting challenges of digital era
The National Assembly and the Education Ministry yesterday held a seminar to discuss the evolution of the Kingdom’s ability to meet global standards in e-learning. The seminar was opened by Nguon Nhel, first vice president of the National Assembly. Mr Nhel noted that digital technology ...
Khy Sovuthy
https://www.khmertimeskh.com/50596893/education-ministry-meeting-challenges-of-digital-era/
Gov't Bodies Ordered to Publish Prices for All State Services
The government has ordered all state institutions to start compiling a list of prices for all fee-based services so that individuals and companies can avoid informal payments, which were made illegal under the penal code last year, spokesman for the Council of Ministers Phay Siphan ...
High Prices of Privatized Water in Prey Veng Lead to Protests
More than 1,000 villagers in Prey Veng city took to the streets in protest yesterday morning after a company that recently took control of the state-run water supply raised prices by 50 percent, from 1,200 riel, or $0.30, to $1,800 riel, according to residents and ...
Increase in rice facilities boosts price of Kingdom’s paddy rice
As a result of more rice facilities constantly being installed, the price of paddy rice for the 2018-2019 season was between 900 riel and 1,300 riel ($0.22 and $0.32) per kg, an increase on the previous season, according to industry insiders. Cambodia Rice Federation vice-president ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/increase-rice-facilities-boosts-price-kingdoms-paddy-rice
Government order to display prices in riel currency fails to stick
A government prakas that requires all businesses to post prices of their goods and services in the local riel currency has had little impact on pricing practices, with the vast majority of businesses in Cambodia continuing to quote prices in US dollars and authorities showing ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-order-display-prices-riel-currency-fails-stick
Government sticks to plan on power price cuts ahead of election
Officials appeared to walk back a promise to issue larger-than-average electricity price reductions ahead of July’s elections, instead following a previously announced plan to make small reductions in costs. Ty Norin, chairman of the Electricity Authority of Cambodia (EAC), released a statement earlier this month announcing ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-sticks-plan-power-price-cuts-ahead-election
Comprehensive survey maps the lay of land prices in Phnom Penh
A report on land prices in Phnom Penh that claims to be the first of its kind has canvassed a large number of correspondents to comprehensively gauge property values in the city’s various districts and communes. Released on March 3, Land price 2014, which was produced ...
Sum Manet
http://www.phnompenhpost.com/real-estate/comprehensive-survey-maps-lay-land-prices-phnom-penh
Electricity price to be down from here on: Hun Sen confirms
During a meeting with Lord James Sasson, Executive Director of Jardine Matheson Holdings, at Phnom Penh’s Peace Palace, on Thursday, Prime Minister Hun Sen confirmed that the electricity price in Cambodia will be down from now on. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/electricity-price-to-be-down-from-here-on:-hun-sen-confirms-8184
No significant price changes expected during Pchum Ben
Consumer prices are expected to remain relatively stable, even amid buoyant spending over the second Covid-era Pchum Ben period which kicks off this week, according to traders based in the capital. ...
Thou Vireak
https://www.phnompenhpost.com/business/no-significant-price-changes-expected-during-pchum-ben
ADB asked to craft game plan for monorail, subway
The Ministry of Public Works and Transport on April 6 asked the Metro Manila-based Asian Development Bank (ADB) to help devise strategies for monorail and subway projects planned for Phnom Penh. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-asked-craft-game-plan-monorail-subway
Microfinance: an insider's view
The story of Cambodia’s microfinance sector has been one of successful evolution, evidenced by the growing number of lenders and their continual development. Many microfinance institutions (MFIs) started as NGO-like entities, but the industry has come a long way. Today, there are 32 MFIs licensed ...