FDI inflows drop 1% to $3.5B
The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...
May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b
Sihanoukville Runs Dry During Water Crisis
A water shortage in the tourist town of Sihanoukville has led authorities to advise scores of businesses to dig their own wells as only 50 percent of local demand is currently being met after high temperatures dried up the water supplier’s only reservoir. On March ...
http://www.cambodiadaily.com/news/sihanoukville-runs-dry-during-water-crisis-16609/
Garment industry stokes Cambodia’s political growth
Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...
Move to lift energy efficiency in Cambodia
A national energy efficiency policy is currently in development, officials told the Post last week. Experts at the Ministry of Industry, Mines, and Energy (MIME) and the multi-donor fund EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) are in discussions about details of the policy, ...
http://www.phnompenhpost.com/2013022061465/Business/move-to-lift-energy-efficiency-in-cambodia.html
Rubber firm has plans in Cambodia
Kuala Lumpur-based Felda Global Ventures Holdings Berhad (FGV), the third-largest palm oil operator in the world, said it plans to cultivate rubber inside Cambodia. “We are . . . consolidating by expanding into countries like Myanmar, Cambodia and Laos – planting other crops such as rubber,” ...
http://www.phnompenhpost.com/2013062866536/Business/rubber-firm-has-plans-in-cambodia.html
Gasoline price should be down to 4,500 Riel per liter: Sam Rainsy
Opposition leader Sam Rainsy on Tuesday said that price of gasoline in Cambodia should be decreased to 4,500 Riel per liter as price of crude oil at international market has been sharply dropping since early 2014. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/gasoline-price-should-be-down-to-4500-riel-per-liter:-sam-rainsy-7565
Lack of competition lets Ministry of Mines and Energy set sand price cap
After almost a month, the Ministry of Mines and Energy has officially announced the four companies that have been granted sand dredging licenses this past Tuesday. When the ministry notified the companies who won the bidding for one of four available licenses, it also gave them ...
‘Abnormally’ high price of pork
The Pig Support in Cambodia Association claims that the price of imported live pigs is abnormally high. The association says there are now six companies granted a business licence to import the animals from foreign countries. Most come from Thailand. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50731794/abnormally-high-price-of-pork/
Retail price of gasoline drops
Starting yesterday, the price of regular gasoline in the Kingdom is 3,950 riel ($0.97) per litre, amounting to a reduction of 200 riel per litre following a series of tax cuts announced last month by Prime Minister Hun Sen as well as price reductions implemented ...
May Kunmakara
https://www.khmertimeskh.com/50506822/retail-price-of-gasoline-drops/
NBC: Fintech fuels 2020 boom in Kingdom's payment systems
Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...
Thou Vireak
https://www.phnompenhpost.com/business/nbc-fintech-fuels-2020-boom-kingdoms-payment-systems
Kingdom factory goes for the gold
Cambodian garment makers are filling orders for the 2012 London Olympics in what insiders say is the first time the country has supplied the Games. ShenZhou International Group Holdings Ltd, one of China’s largest apparel exporters, makes shirts and other sportswear for Adidas that will supply ...
http://www.phnompenhpost.com/index.php/2011101952197/Business/kingdom-factory-goes-for-the-gold.html
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/
Cambodia sees slight decrease in rice export in 7 months due to price competition
Cambodia had exported 89,800 tons of milled rice in the first seven months of this year, a 2.6 percent drop from 92,200 tons at the same period in a year ago, showed the statistics from the Ministry of Commerce’s Camcontrol Department on Thursday. However, the revenues ...
Price of exported rice doubles
The price of fragrant rice exports to international markets has doubled in the last month, from $50 to $100 per matrix ton, according to the Cambodia Rice Federation (CRF). ...
Chea Vannak
https://www.khmertimeskh.com/50713246/price-of-exported-rice-doubles/
Experts urge agriculture investments as farmers face low rice prices
Ruon Thol plans to harvest his rice crop early next month. The farmer spent more than 6 million riel (about $1,500) this wet season to cultivate his four hectares of farmland in Battambang province’s Banan district. ...
Sorn Sarath
https://cambojanews.com/experts-urge-agriculture-investments-as-farmers-face-low-rice-prices/
Gov’t grants funding for special olympic team
The Cambodian government has granted $20,000 to the national Special Olympics team, for travel and competition at this year’s games in Los Angeles later this month. ...
Socheata Hean
http://www.voacambodia.com/content/govt-grants-funding-for-special-olympic-team/2865153.html
Prize seeks to stymie corruption
Two organisations hope a new award, which includes cash prizes and entry into an international corruptionr-reporting conference, will encourage Cambodian journalists to up their game in reporting on corruption issues. ...
Sean Teehan
http://www.phnompenhpost.com/prize-seeks-stymie-corruption
Gambling on change
The Cambodian government is drafting a series of changes to the Kingdom’s gaming laws in a bid to draw major players from Macau and the US to the market and potentially create a new tax base from the growing, if currently illegal, online betting industry, ...
Eddie Morton
http://www.phnompenhpost.com/business/gambling-change
Trash pact in crosshairs
City Hall has warned Phnom Penh’s sole waste management firm that it has just one more opportunity to lift its game before its oft-criticised contract comes under threat. ...
Morn Vanntey and Daniel de Carteret
http://www.phnompenhpost.com/national/trash-pact-crosshairs
Voter registration push slows in recent days
The number of people registering to vote has dropped sharply in recent days, statistics show, with an election watchdog calling on the National Election Committee to step up its game. ...
Bun Sengkong
http://www.phnompenhpost.com/national/voter-registration-push-slows-recent-days