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In effeminate tones, Hun Sen lampoons opposition politicians

Prime Minister Hun Sen used the opening ceremony of a dam in Pursat province Thursday to act out a scene of biting political satire by pouring scorn on promises from the opposition CNRP to simultaneously reduce food prices in markets, while increasing prices paid to ...

Khuon Narim
http://www.cambodiadaily.com/news/in-effeminate-tones-hun-sen-lampoons-opposition-politicians-55131/

Ibis Rice exports on horizon

The Wildlife Conservation Society (WCS) says its Ibis Rice project has recorded a production surplus for the first time in its five-year history, prompting a bid to export the boutique product overseas. Concentrated in Preah Vihear province, Ibis Rice farmers produced more than 435 tonnes of ...

Eddie Morton
http://www.phnompenhpost.com/national/ibis-rice-exports-horizon

Turkish health care firms take local market’s pulse

Turkish companies looking to expand operations in the Kingdom’s health care industry were among the most visible participants of a trade exposition held in Phnom Penh over the weekend. ...

Hor Kimsay
http://www.phnompenhpost.com/business/turkish-health-care-firms-take-local-markets-pulse

Investment by China Doubles In First Half

Cambodia approved $1.2 billion in investments from China in the first six months of the year, a 104 percent increase in the amount of Chinese money set to flood into the economy compared to the same period last year, the Cambodian Investment Board said. The ...

Siem Reap Theft Fears Rise

Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s Siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ...

http://www.rfa.org/english/news/cambodia/siem-reap-01302013174007.html

Slight fall in food price index

Global food prices fell 1 per cent or two points in the October 2012 Food and Agriculture Organisation’s (FAO) Food Price Index released on October 7, 2012. The index averaged 213 points, compared to September’s revised level of 215 points. According to the FAO, the decrease ...

http://www.phnompenhpost.com/index.php/2012110959664/Business/slight-fall-in-food-price-index.html

Evacuations amid flooding

Hundereds of families have been evacuated from their homes in Banteay Meanchey province, with about 1,000 more refusing to leave, despite water that is chest-deep in some areas due to Mekong River flooding. The evacuation of more than 500 families began late last week, as heavy ...

http://www.phnompenhpost.com/national/evacuations-amid-flooding

Flooding takes a toll

Ten days ago, Loun Somaly, 33, left his house to deliver a deposit to the glass workers he hired to replace a window on his rickety sheet metal-panelled house. Ly Sophal, Somaly’s tenacious three-year-old son, followed him outside, asking if he could join. But with floodwater ...

http://www.phnompenhpost.com/national/flooding-takes-toll

Vietnamese market planned

Cambodia’s first Vietnamese wholesale market is being constructed in Phnom Penh, a Vietnamese trade officer told the Post yesterday. Tran Tu, trade attaché of the Vietnam Trade Office in Cambodia, said the new wholesale market seeks to enhance Vietnamese produce in Cambodia. The wholesale market, will be located ...

May Kunmakara
http://www.phnompenhpost.com/business/vietnamese-market-planned

Stretch of boulevard to be widened for Aeon Mall

Phnom Penh City Hall plans to expand a section of Sothearos Boulevard outside a main entrance to the new Aeon Mall to help ease traffic congestion when the four-floor shopping center officially opens on Monday, officials said Wednesday. “We have a plan to expand the street ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/news/stretch-of-sothearos-boulevard-to-be-widened-for-aeon-mall-62469/

Will AEON mall succeed in one of the poorest countries in the world?

The presence of AEON Mall in Cambodia has stirred a lot of questions revolving around the future success of this Japanese giant mall. Since the official opening of the mall, thousands of people have flocked to visit this new mall. Not only people in general ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmMxZmI4MTA1Mjg

Low Funds May Have Led to CPI Suspension

An official at the Ministry of Planning said yesterday that a lack of funds may be to blame fo the Ministry of Finance and Economy suspending the publication of June’s consumer price index. Sam Saroeun, deputy director of the statistics department at the Ministry of ...

Commodities Prices a Risk, Bank Says

Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East Asia and Pacific Economic Update for 2012, ...

iPhone struggles for a place in Cambodian market

It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...

http://www.phnompenhpost.com/2013011560781/Business/iphone-struggles-for-a-place-in-cambodian-market.html

Cambodia's gems and jewelry sector set to shine

Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...

http://www.etmcambodia.com/blog.php?article=499

Lucky opens seventh outlet, not concerned by Aeon Mall

The Lucky Supermarket Group opened its seventh outlet in Cambodia on the ground floor of the Rose City building on Norodom Boulevard yesterday, with company representatives saying it believed it would attract more foreign customers. Richard Seah, CEO of DFI Lucky Private Limited, said the new ...

http://www.phnompenhpost.com/2012121960355/Business/lucky-opens-seventh-outlet-not-concerned-by-aeon-mall.html

Poipet Casino Grand Opening set for Next Month

U.S. listed gambling firm Entertainment Gaming Asia Inc. (EGA) will next month hold a grand opening for its second casino on the Thai-Cambodia border, the company said. In a statement issued on Monday from Hong Kong, it said that Dreamworld Club in Poipet, which has been ...

http://www.cambodiadaily.com/business/poipet-casino-grand-opening-set-for-next-month-19965/

Project to fix capital’s drains kicks into gear

The third phase of a project designed to revamp Phnom Penh’s drainage system, currently inundated by seasonal rains, began yesterday. Four areas of the city spanning a total of 369,445 metres will be witness to the next stage of the project’s implementation, part of an ongoing ...

Sen David
http://www.phnompenhpost.com/national/project-fix-capital%E2%80%99s-drains-kicks-gear

Thaicom's Mfone files for insolvency

Cambodia-based telecommunication operator Mfone, part of the Thaicom group, on Wednesday petitioned for insolvency proceedings in Phnom Penh after facing difficulties in an intensely competitive market and after failing to complete the sale of its shares to INT Management Service Company. “Mfone has been through a ...

http://www.nationmultimedia.com/business/Thaicoms-Mfone-files-for-insolvency-30197687.html

Southeast Asian Rice Exporters Eye Cartel to Boost Prices

Southeast Asia’s rice-exporting nations are in talks to create a formal alliance aimed at boosting prices and increasing export revenues, a move that could cause tensions with rice-importing nations. An alliance of Thailand, Vietnam, Cambodia, Laos and Myanmar will aim to share information and cooperate ...

http://online.wsj.com/article/SB10000872396390444812704577606962232854218.html?reflink=barrons_redirect

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