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Frustration brews as petrol prices soar 10% on-month

Retail fuel prices have been gradually increasing in recent weeks, adding another burden for low-income households whose finances have been hit hard by Covid-19. ...

Nov Sivutha
https://www.phnompenhpost.com/business/frustration-brews-petrol-prices-soar-10-month

Retail fuel rates hiked for fourth straight period

The government has increased retail fuel prices for the fourth bimonthly period in a row, as oil climbs towards $100 per barrel – a trend that has devastated the transport and private-hire sectors and other major petrol consumers ravaged by Covid-induced revenue losses for more ...

Hom Phanet
https://www.phnompenhpost.com/business/retail-fuel-rates-hiked-fourth-straight-period

FAO says Cambodian wholesale rice prices stable or higher last month

Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organization of the United Nations (FAO) said Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501363731/fao-says-cambodian-wholesale-rice-prices-stable-or-higher-last-month/

Junket investor’s profit falls but sticking to its Cambodia bets

Jimei International Entertainment Group, a Hong Kong-listed casino junket investor that promotes at least seven gaming tables in NagaWorld casino in Phnom Penh, reported a steep decline in profit during the first half of 2016 despite increased turnover. ...

Cam McGrath
http://www.phnompenhpost.com/business/junket-investors-profit-falls-sticking-its-cambodia-bets

Donaco dumps its new junket operator

Donaco International Ltd has terminated its junket deal with Macau VIP gaming promoter Heng Sheng Group, saying the arrangement proved too restrictive for the marketing of its flagship Star Vegas Resort and Club in Poipet. ...

Cam McGrath
http://www.phnompenhpost.com/business/donaco-dumps-its-new-junket-operator

$30B casino, theme park project mooted

MQ Technology Bhd, a Malaysian investment holding company, is looking to form a joint venture with a newly formed entity, Cambodian Resorts and Entertainment Co Ltd, to build a $30 million casino and theme park in Prey Veng province near the Vietnamese border, according to ...

Kali Kotoski
http://www.phnompenhpost.com/business/30b-casino-theme-park-project-mooted

Lottery hopes to soar on Wing network

Mohaleap Lotto, a subsidiary of Cambodia’s Royal Group, officially entered the Kingdom’s lottery gaming market this month, hoping to disrupt a business sector currently dominated by black market outlets, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lottery-hopes-soar-wing-network

Immigration Dept says 400,000 Chinese have left because of online gambling ban

The General Department of Immigration yesterday reported hundreds of thousands of Chinese nationals left the country after Prime Minister Hun Sen in August issued a directive banning all online and arcade gambling operations. ...

Ben Sokhean
https://www.khmertimeskh.com/50675447/gdi-attributes-mass-departure-to-online-gambling-ban

Poipet fire kills 26 and injures 57

The blaze that tore through a Poipet casino has killed 26 people and injured 57, with most of the victims Thai, Banteay Meanchey Provincial Governor Oum Reatrey said. ...

Chhorn Raksmey
https://kiripost.com/stories/poipet-fire-kills-26-and-injures-57

International rice prices up 21 percent in 2023

International rice prices climbed 21 percent last year amid climate concerns and the fallout from Indian export curbs, the Food and Agriculture Organization of the United Nations says. ...

Khmer Times Staff
https://www.khmertimeskh.com/501418883/international-rice-prices-up-21-percent-in-2023/

Cambodian Women’s basketball team makes winning move on first day at 4th Asian Para Games

The Cambodian women’s basketball team defeated the Lao team with a score of 65-35 in the opening round of the 4th Asian Para Games at the Hangzhou Olympic Sports Centre Gymnasium, Hangzhou, People’s Republic of China, on Oct. 19. ...

Khmer Times Staff
https://www.khmertimeskh.com/501379448/cambodian-womens-basketball-team-makes-winning-move-on-first-day-at-4th-asian-para-games/

Kingdom’s petrol prices up 20%

Cambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-petrol-prices-20

Chosen by angel for bumper crop, banana prices rise for new year

Khmer New Year could bring a fruitful financial harvest for sellers of bananas—this year’s divinely selected crop—but some vendors say their sales have not yet ripened.Bananas were selected as this year’s official product by the angel Kemera Devi, who brings in the new year, so ...

Chhorn Phearun And Danielle Keeton-olsen
https://www.cambodiadaily.com/news/chosen-by-angel-for-bumper-crop-banana-prices-rise-for-new-year-127962/

Kingdom’s fuel prices fixed despite US-Iran row

Increase tensions between the US and Iran, one of the world’s largest oil producers, could cause prices to fluctuate, the Ministry of Commerce warned on Thursday. However, the ministry said fuel prices in the Kingdom will stick to those announced every 15 days, which are ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-fuel-prices-fixed-despite-us-iran-row

One cent off of electricity costs for industrial sector

The government is poised to reduce the price of electricity by 40 riel ($0.01) per kilowatt-hour for the industrial sector next month, said Minister of Mines and Energy Suy Sem on Tuesday. Insiders lauded the announcement but called on the government to improve the quality ...

Thou Vireak
https://www.phnompenhpost.com/business/one-cent-electricity-costs-industrial-sector

Rubber exports increase 17%

Cambodia exported 27,445 tonnes of rubber worth $40 million in the first month of the year, up 17 per cent compared to the same period last year, Ministry of Agriculture, Forestry and Fisheries official Khuon Phalla told The Post on Thursday.​ ...

Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-increase-17

Big fall in petrol prices

Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market, according to the monthly oil prices set by the Ministry of Commerce revealed yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50708398/big-fall-in-petrol-prices/

Gasoline prices down by over a third

According to a data graphic from the Ministry of Commerce released on Thursday, regular petrol went from 3,550 riel ($0.88) to 2,250 riel ($0.56) per litre, representing a 36.6 percent decrease.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50714010/gasoline-prices-down-by-over-a-third/

Local pepper prices rebound

Local pepper farmers have reported a sharp increase in the price of the commodity rising almost 100 percent, after Chinese buyers resumed fulfilling orders as the country slowly recovers from the COVID-19 pandemic.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50729705/local-pepper-prices-rebound/

Cassava price up as harvest starts

As the 2020-2021 harvest season kicks off, cassava prices in the powerhouse provinces of Preah Vihear and Tbong Khmum register a slight uptick compared to the same period last year. ...

Hin Pisei
https://www.phnompenhpost.com/business/cassava-price-harvest-starts

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