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
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
Playing with a bad hand
It’s been more than a year since union leader Sat Sep was fired from the Tropicana Casino and Resort in Poipet town, a dismissal that sparked strikes and ended in senior members of the Cambodian Tourism and Service Workers Federation being driven from the casino’s ...
http://www.phnompenhpost.com/2013070166584/National/playing-with-a-bad-hand.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/
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's Angkor heritage site earns over 47 mln USD from ticket sales in 10 months
Cambodia’s Angkor Wat Temple, one of the World Heritage Sites, earned a gross revenue of 47.3 million U.S. dollars from ticket sales in the first 10 months of 2014, the Apsara Authority, which is in charge of protection and management of the site, said Wednesday. “The ...
Asean China Center News Staff
http://www.asean-china-center.org/english/2014-11/28/c_133820779.htm
Five ink deal to form rice cartel
Five Asean rice-producing countries are joining forces to form a regional alliance with the ambitious goal to boost rice prices by 10% annually. Trade ministers from Thailand, Vietnam, Cambodia, Myanmar and Laos are scheduled to sign the agreement later this year to establish the Asean Rice ...
http://www.bangkokpost.com/business/economics/308931/five-ink-deal-to-form-rice-cartel
Bourse ready for first-day trading, CEO says
The Phnom Penh Water Supply Authority will launch its initial public offering (IPO) today on Cambodia’s bourse, and investors and securities officials said yesterday that they expected the company to make a strong start to trading The Water Supply Authority is issuing 13 million shares, which ...
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
Government plans to introduce new land law in mid-term
The government, through the Ministry of Land Management, Urban Planning and Construction, plans to introduce a (new) land law, which has been created to replace the old land law that has been in use since 2011 to be in line with the evolution of the ...
Hang Punreay
https://tinyurl.com/ycyvd5ff
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/
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