Buying property by installment on the increase
The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...
Cambodia's salt output may decrease
The Kep-Kamport Salt Producers Community expressed concern about the production of salt this year not reaching its forecast due to the late-starting season and the lack of labour to work in the fields. Um Chhun, director of the administration office in Kep-Kamport Salt Producers Community, said ...
http://www.phnompenhpost.com/index.php/2012121060176/Business/salt-output-may-decrease.html
Cheng Keng becomes president of estate agents association
Cheng Kheng, director of the CPL real estate company, has been elected to be president of the Cambodian Valuers and Estate Agents Association in 2013, after Sung Bonna, director of the Bonna Realty Group, ended his 2012 term. ...
Rein in market thuggery: PM
Prime Minister Hun Sen yesterday took a stand against intimidation and harassment at markets, ordering municipal and provincial governors to crack down on aggressive fee collectors they employ. Speaking at a graduation ceremony at the capital’s Royal School of Administration, Hun Sen distanced himself from what ...
Vong Sokheng
http://www.phnompenhpost.com/national/rein-market-thuggery-pm
Hun Sen Asks Companies to Invest in Private Fire Trucks, Again
Prime Minister Hun Sen yesterday appealed to the private sector for the second time to invest in fire trucks instead of depending on the government’s fire departments. “Please try to do two jobs. The first is to get the fire sprinkler systems into the factory ...
Cambodia's rice exports up 126 pct in 5 months
Cambodia’s exports of milled rice have sharply increased in the first five months of this year thanks to rising international market demand and country’s rice promotion strategy, an official said Thursday. The country had exported 146,800 tons of milled rice during January-May period this year, up ...
http://news.xinhuanet.com/english/world/2013-06/06/c_132435784.htm
Gov’t to crack down on overdue road tax
The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...
Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/
New bourse rules to lure SMEs
Cambodia’s market regulator has released listing criteria for a new trading platform – with reduced accounting and capital requirements – aimed at making it easier for small- and mid-sized firms to list on the fledgling stock exchange, Sok Dara, deputy director general of the Securities ...
Sor Chandara and Ananth Baliga
http://www.phnompenhpost.com/business/new-bourse-rules-lure-smes
City poised for shopping mall boom
After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/city-poised-shopping-mall-boom
SME board possible this year
Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...
May Kunmakara
http://www.phnompenhpost.com/business/sme-board-possible-year
CSX webcast targets small, medium firms
Fresh off the largest initial public offering in its history, the Cambodia Securities Exchange (CSX) is courting small and medium enterprises (SMEs) to list on its main board. ...
Husain Haider
https://www.khmertimeskh.com/50807111/csx-webcast-targets-small-medium-firms/
Migrants stuffed into two homes
More than 100 Cambodian migrant workers were discovered in rented houses this week near Rong Kleu market in Thailand’s Sakaeo province, officials said yesterday. Banteay Meanchey provincial spokesman Ouk Keo Ratanak said Thai authorites found the workers on Wednesday crammed into two houses, and sent them ...
Cambodia’s tourism growth rate slows
Arrivals from Thailand and Laos gained the highest growth rate in May of all Cambodia’s tourist suppliers according to the country’s latest tourism report. Released by the Statistics and Tourism Information Department of the Tourism Ministry, the report showed a slowdown in travel from Thailand during ...
http://www.ttrweekly.com/site/2012/07/cambodias-tourism-growth-rate-slows/
Garment Exports Grow 15% in First Quarter
Garment and footwear exports from Cambodia increased 15.29 percent to $1.29 billion in the first three months of the year compared to the same period in 2011, according to figures released yesterday by the Ministry of Commerce. While exports to the European Union rose 46.76 percent to $376.14 million in ...
Major boulevards increasing in price
The sale and purchase of land along the four major boulevards in Phnom Penh climbed up to 40 per cent in the third quarter of 2012, while the construction of offices is gradually on the rise, according to real estate experts. The growth of land prices ...
http://www.phnompenhpost.com/index.php/Real-Estate/land-price-along-boulevards-on-the-rise.html
‘Workplace inequality pervasive’
Discussions about salaries on the factory floor led worker Channa, 22, to begin feeling jealous of her male counterparts. She learned, through talking with a number of co-workers, that the men working around her were doing the same amount of work as she was, but being ...
Shane Worrell and Mom Kunthear
http://www.phnompenhpost.com/national/%E2%80%98workplace-inequality-pervasive%E2%80%99
Cambodia gains 53 factories this year
The Cambodian government has approved 53 new garment and footwear factories, worth an estimated US$338 million, during the first half of this year, compared with 38 last year valued at $180 million, despite the increase in the number of strikes affecting the industry. Officials and industry ...
Samsung holds No 1 position
Samsung smartphones are dominating Cambodia’s crowded mobile phone market in terms of market share and the number sold, company representatives said yesterday. “For the smartphone industry in Cambodia, we are absolutely dominant. That means we stand as number one in terms of market share, based on ...
http://www.phnompenhpost.com/index.php/2012082458257/Business/samsung-holds-no-1-position.html
Exchange to add three more firms, open board for SMEs
The Securities and Exchange Commission of Cambodia (SECC) confirmed Friday that three more companies will list on the securities market by the end of this year. They are: Phnom Penh Special Economic Zone, Phnom Penh Autonomous Port and Taiwanese-owned TY Fashion(Cambodia) Ltd. ...
Pav Suy
http://www.khmertimeskh.com/news/15672/exchange-to-add-three-more-firms--open-board-for-smes/
Officials worry over tiny rise in rice exports
Cambodian milled rice exports grew by only 0.52 per cent in the first 10 months of the year, compared to the same period last year, according to new figures from the government. Officials have expressed concern over Cambodia’s ability to reach its export target of ...