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Thai AirAsia on Siem Reap price war

Thai AirAsia (TAA) is breaking into the Bangkok-Siem Reap segment long dominated by Bangkok Airways in a move reflecting Cambodia’s new directive to open up its top destination for mass tourism. TAA secured permission from Cambodian authorities to launch a daily service starting on Oct ...

http://www.bangkokpost.com/business/aviation/360031/taa-ready-for-price-war-on-new-siem-reap-route

H&M may raise prices to pay workers

Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any price increases in the short-term, but it “might be a possibility” in the future, Helena Helmersson, ...

Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/hm-may-raise-prices-pay-workers

Property Prices on the Rise in Phnom Penh

Preliminary results of a new survey show a steady rise in the price of land in Phnom Penh since the country’s property boom in 2008 and spectacular bust in 2009. The initial findings of the survey by VTRUST Property Co. Ltd. examine land prices during the ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/property-prices-on-the-rise-in-phnom-penh-49622/

Tourism numbers give boost to Sihanoukville property prices

Property has seen a boost in Sihanoukville city in the first quarter of this year, underpinned by increased tourist numbers year-on-year. Cheng Kheng, director of CPL Real Estate Company and president of the Cambodian Valuers and Estate Agents Association, said the outlook on property in Sihanoukville ...

Sum Manet
http://www.phnompenhpost.com/real-estate/tourism-numbers-give-boost-sihanoukville-property-prices

Firm begins process to determine IPO share price

Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/firm-begins-process-to-determine-ipo-share-price-53869/

Draft law puts high price on drunk driving

Drunk drivers could be fined $1000 under a new draft traffic law approved yesterday by The Council of Ministers. The legislation includes a raft of measures aimed at reducing the number of deaths and injuries on the roads. Among the draft law’s 92 articles are new ...

Cheang Sokha
http://www.phnompenhpost.com/post-weekend/draft-law-puts-high-price-drunk-driving

Gov’t misses deadline for new price list

Nearly three weeks after releasing an official price list for basic public services such as the production of passports and ID cards aimed at combating corruption, Interior Ministry officials Monday admitted that the new prices were not yet being applied. ...

Kang Sothear
https://www.cambodiadaily.com/news/govt-misses-deadline-for-new-price-list-82223/

Rubber prices rise amid drop in global supply

Cambodian natural rubber prices rose by about 20 percent last month compared to the same time last year as a result of major global producers reducing supply to the international market, officials and rubber producers said Monday. ...

Kang Sothear
https://www.cambodiadaily.com/business/rubber-prices-rise-amid-drop-in-global-supply-84812/

Inflation down as global oil prices ease off

Cambodia experienced low inflation of around 1 per cent over the last three months thanks to a decline in oil prices, according to the latest data from the National Institute of Statistics. Inflation went from 0.8 per cent in January to 1.2 per cent in February, ...

May Kunmakara
http://www.phnompenhpost.com/business/inflation-down-global-oil-prices-ease

Cambodia priced out of Filipino rice tender again

Cambodia has lost a 100,000-tonne Filipino rice bid to Vietnam, on account of a higher costs as compared to regional competitors, marking the fourth time the Kingdom has failed to win a rice tender issued by the Philippines. The Philippines National Food Authority last week awarded ...

Chan Muyhong
http://www.phnompenhpost.com/business/cambodia-priced-out-filipino-rice-tender-again

More money for meat

Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically ...

http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html

Potential seen for National Road 4

Land prices along National Road 4 still have the potential to rise, despite the relocation of a number of factories to National Road 3, property experts say. The price of land goes from $100 to $300 per square metre from Chaom Chao cycle to the ...

http://www.phnompenhpost.com/index.php/Real-Estate/potential-seen-for-national-road-4.html

Cambodian rubber earnings fall

Following global supply growth and falling prices, Cambodian rubber has decreased in value over the past three months, according to industry experts. Men Sopheak, deputy director-general of the Chop Rubber Plantation, a major rubber exporter in Cambodia, said yesterday that the price of dried [natural] rubber ...

http://www.phnompenhpost.com/business/cambodian-rubber-earnings-fall

Kingdom’s rubber exports rise, but prices stay flat

Rubber exports from Cambodia were up over 17 per cent in the first quarter of 2013, but the revenue from rubber stayed steady as prices decline worldwide, according to data from the Ministry of Commerce. The data showed that in the first quarter of this year, ...

http://www.phnompenhpost.com/2013042565218/Business/kingdom-s-rubber-exports-rise-but-prices-stay-flat.html

The fight against false information requires understanding of technology

Khieu Kanharith, Minister of Information, said that in order to fight against the spread of false information people must understand technology and the evolution of society. ...

Khmer Times Staff
https://www.khmertimeskh.com/501107540/the-fight-against-false-information-requires-understanding-of-technology/

Naga casino to buy aircrafts to fly Chinese gamblers to Phnom Penh

Cambodian casino operator, Hong Kong-listed NagaCorp, is trying to reach deals in order to fly gamblers from Macau and mainland China to its gaming resort in Phnom Penh, according to media reports. Hong Kong media quoted NagaCorp chief financial officer, Philip Lee Wai Tuck, as ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=Yjk2MWM1NWYyYjY

First 10 months of year's exports up 32.9 percent

Exports from Cambodia increased 32.9 percent to $3.7 billion during the first ten months of this year compared to the same period in 2010, according to data released by the Ministry of Commerce yesterday. Milled rice exports saw the biggest increase with a 161.5 percent jump ...

Rubbish Youths collect 10K cigarette butts at Sihanoukville beach

The “Rubbish Youths” have picked up nearly 10,000 cigarette butts from Sihanoukville’s Ochheuteal Beach over the past two weekends, after launching a campaign to collect one million butts from Cambodia’s coastal areas to keep the beaches clean. ...

Long Kimmarita
https://www.phnompenhpost.com/national/rubbish-youths-collect-10k-cigarette-butts-sihanoukville-beach

Cambodia's Angkor Wat earns over $47 mn in 10 months

Revenue from ticket sales to foreign tourists visiting Cambodia’s famed Angkor Wat temple reached $47.68 million in the first 10 months of 2015 — up 0.62 percent year-on-year, according to an official statement on Tuesday. ...

Business Standard News Staff
http://www.business-standard.com/article/news-ians/cambodia-s-angkor-wat-earns-over-47-mn-in-10-months-115110300882_1.html

Breakaway party becomes country’s 10th in past year

A breakaway faction from the Cambodian National Justice Party—itself a recent breakaway from the Beehive Social Democratic Party—has formed a new political party, its founder announced on Friday.   ...

Kuch Naren
https://www.cambodiadaily.com/news/breakaway-party-becomes-countrys-10th-in-past-year-107666/

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