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Improved infrastructure leads to boom in apartments, condos

Infrastructure development and new condominium and apartment construction growth are boosting land prices in Toul Tompong and Deoum Thkov communes, and in Chamkarmon district by as much as 30 per cent. Kuy Vat, president and CEO of Vtrust Group, said that increased land prices in Boeung ...

Siv Meng
http://www.phnompenhpost.com/real-estate/improved-infrastructure-leads-boom-apartments-condos

Small pig farmers edged out

Cambodia’s small family-run pig farming businesses seem to be roughing it out in an unpredictable market with fluctuating pork prices while facing stiff competition from the illegal flood of cheap imported live pigs from neighboring countries. To add salt to their wounds, the high price ...

Sok Chan
http://www.khmertimeskh.com/news/28905/small-pig-farmers-edged-out/

Boat pilots seek share of tourism profits

The owners of the boats that ferry customers to the floating villages on Tonle Sap Lake have seen their profits increase as gas prices fall and ticket prices rise. But one group has not profited from the lake’s tourism boom: the men who pilot the ...

Jonathan Cox and Pav Suy
http://www.khmertimeskh.com/news/22344/boat-pilots-seek-share-of-tourism-profits/

Open Development Cambodia published a new dataset and new map layer of Land​ price​ for​ immovable​ property​ tax in Phnom Penh

Open Development Cambodia (ODC) has added a new dataset and new interactive map layer of “land​ price​ for​ immovable​ property​ tax” in Khmer and English. This dataset and map layer contains the​ geographical​ representation​ for​ the​ price​ of​ land​ per​ square​ meter​ for​ the​ calculation​ ...

Villagers Protest High Electricity Charges

About 200 people from Siem Reap’s Angkor Chum district protested outside the district governor’s office on Friday, calling for private electricity company Duong Narin to lower its prices and asking the state electricity authority to connect to their area, protesters said yesterday. The residents of ...

India’s rice dump may impact local exports

With the Indian government set to inject five million tonnes of rice in to its domestic market, Cambodia’s rice producers fear that any spillover into the global rice trade may impact local exports. David Van, acting secretary-general of a newly established Cambodia Rice Federation, said ...

May Kunmakara
http://www.phnompenhpost.com/business/india%E2%80%99s-rice-dump-may-impact-local-exports

Experts push for agricultural insurance

Experts are pushing for agricultural insurance to be employed in the near future to help strengthen the agriculture sector, particularly the rice sector with its plummeting prices and limited access to foreign markets. Sok Puthyvuth, president of the Cambodia Rice Federation (CRF), said on Friday that ...

Chea Vannak
http://www.khmertimeskh.com/news/32993/experts-push-for-agricultural-insurance/

Don’t increase garment workers’ rent, says pm

Prime Minister Hun Sen yesterday urged landlords not to indiscriminately increase the price of rent in light of the upcoming hike in the wages of garment workers next year. Speaking at the inauguration of the Coca-Cola factory in the Phnom Penh Special Economic Zone, the ...

Mom Kunthear
http://www.khmertimeskh.com/news/32799/don---t-increase--garment-workers-----rent--says-pm/

Despite Ban, Operators Offer Bonuses

Two of the country’s largest mobile phone operators are again offering attractive deals on calls, despite the Telecommunication Regulator of Cambodia’s (TRC) recent order to mobile operators to follow the government’s minimum prices for calls and to scale back customer promotions. On Sunday, Smart, which is ...

Joshua Wilwohl
http://www.cambodiadaily.com/news/despite-ban-operators-offer-bonuses-49483/

Water firm calm despite cut

Revenue from the Phnom Penh Water Supply Authority – the first listed company on the Cambodian stock exchange – will be cut 800 million riel ($200,000) per year as the company implements a concession plan to lower water prices. The plan was passed after the government ...

Hor Kimsay
http://www.phnompenhpost.com/water-firm-calm-despite-cut

Farmers and workers carry on as Chinese transplants drive up land prices

The rural southwestern province of Koh Kong, previously off the international community’s radar screen, has drawn the global spotlight. That’s because a massive runway stretching approximately 3,200 meters appeared suddenly at a resort being developed by a Chinese company in this otherwise out-of-the-way province, about a ...

Tomoya Onishi
https://asia.nikkei.com/Politics/International-relations/Cambodia-s-China-built-runway-irks-US-but-locals-have-other-concerns

Cambodia rice meets Thai and Vietnam demand as global price spikes

Global rice prices hit a 15-year high in September, rising 30 percent year-on-year (YoY), according to an investor’s note by BMI, which quoted the UN’s Food and Agriculture Organization’s (FAO) All Rice price Index report. ...

Thang Sinorn
https://kiripost.com/stories/cambodia-rice-meets-thai-and-vietnam-demand-as-global-price-spikes

$27 mil to help rice sector

In an effort to appease rice farmers and stimulate rice millers to purchase fragrant rice currently being harvested across the country, the government announced that it had found $27 million to pay for emergency measures. The Ministry of Economy and Finance released a statement on Friday ...

Sok Chan
http://www.khmertimeskh.com/news/29875/-27-mil-to-help-rice-sector/

Rice millers can now get $20 mil

Rice millers in the country will now be able to access the government’s promised emergency loan of $20 million to purchase paddy rice from farmers in a bid to prevent rice prices from falling further, the Rural Development Bank (RDB) announced yesterday. Rural Development Bank CEO ...

Sok Chan
http://www.khmertimeskh.com/news/29939/rice-millers--can-now--get--20-mil/

Growth Of Telephone Sub-Scribers Benefit From Population's Income

After reforms instituted in 2011, the price of international phone calls dropped subsequently. In 2011, the price cost fell from 2.76 cent in 1997 to 0.25 cent per minute for mobile phone and desk phone cost about 2.56 cent in 1997 to 0.25 cent in 2010, and 2011 respectively, the report from the ...

http://thesoutheastasiaweekly.com/

CSX: Six months down the line

Trading on the Cambodian Securities Exchange remained low yesterday, which also marked six months of operation for the bourse. An official said this is due to a lack of public awareness and listed companies. Ming Bankosal, General Director of the CSX, said that as listed companies ...

http://www.phnompenhpost.com/index.php/2012101959319/Business/csx-six-months-down-the-line.html

Rice millers reined in

The Ministry of Agriculture has taken action to prevent millers from purchasing paddy rice at below market price from farmers, currently struggling to produce enough marketable rice crop to make ends meet. The ministry, in a statement issued on Monday, ordered all provincial agricultural departments to ...

Chea Vannak
http://www.khmertimeskh.com/news/29694/rice-millers-reined-in/

Foreign investment brings Cambodia growth, new issues

Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...

http://www.voanews.com/english/news/asia/southeast/Foreign-Investment-Brings-Cambodia-Growth-New-Issues-130847333.html

PPWSA edges closer to IPO

As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price  no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...

http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html

Cassava production dropped in 2012

The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. Officials blamed an unstable price during the previous season (from April to April) for the drop. According ...

http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html

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