Two factories hope to list on CSX
The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...
http://www.phnompenhpost.com/index.php/2012091958787/Business/two-factories-hope-to-list-on-csx.html
Shift in CNRP's political strategy to win elections
The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...
Broken rice from Cambodia affects export
Exports of milled rice had fallen dramatically last year because of the poor quality of paddy rice, insiders said yesterday. Milled-rice producers told the Post that a large amount of paddy rice broke. From every 100 kilograms of paddy rice, 20 to 23 kilograms of milled rice ...
http://www.phnompenhpost.com/2013010960686/Business/broken-rice-from-cambodia-affects-export.html
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
Inflation Rate at 4.2% to October
Cambodia’s inflation rate increased by 4.2 percent in the 12-month period to October, with food prices accounting for more than half of the rate, according to data released Monday by the National Institute of Statistics. The monthly inflation rate grew from 3.4 percent in August to ...
Hul Reaksmey
http://www.cambodiadaily.com/business/inflation-rate-at-4-2-to-october-48977/
Grand Twins again delays bourse listing
Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...
Hul Reaksmey
http://www.cambodiadaily.com/business/grand-twins-again-delays-bourse-listing-59958/
‘Cartel’ let off hook by ministry
The Agriculture Ministry last week accused slaughterhouses across Cambodia of conspiring to form a cartel and engaging in price fixing while local authorities turned a blind eye, but has since said it has no plans to punish or even name the alleged perpetrators. ...
Hor Kimsay
https://www.phnompenhpost.com/business/cartel-let-hook-ministry
Hun Sen laments impact of foreign competition in rice sector
Cambodia’s rice industry faces a plethora of challenges—both internal and external—that have led to low prices and prevented exporters from achieving a lofty tonnage target set by the government in 2010, Prime Minister Hun Sen said on Monday. ...
Kang Sothear and Anthony Jensen
https://www.cambodiadaily.com/news/hun-sen-laments-impact-of-foreign-competition-in-rice-sector-106387/
Port begins roadshow for IPO with cautious optimism
PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked. ...
Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/
CNRP talks mass protests after Sokha conviction
Opposition leaders on Sunday called on supporters to consider mass demonstrations after the conviction on Friday of CNRP Vice President Kem Sokha, while a government spokesman warned that those who attempted to heed the call to action would pay a “very high price.” ...
Khuon Narim and George Wright
https://www.cambodiadaily.com/second/cnrp-talks-mass-protests-sokha-conviction-117862/
Vietnam to scoop up more Cambodian cashews
Vietnam, a major buyer of the Cambodian cashew nut, has unveiled a plan to purchase cashews in even greater volumes during next year’s harvest season, giving hope to farmers who rely on selling their crops at good prices from February through May. ...
Hor Kimsay
http://www.phnompenhpost.com/business/vietnam-scoop-more-cambodian-cashews
Economy still on track: World Bank
Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. ...
Kali Kotoski
http://www.phnompenhpost.com/business/economy-still-track-world-bank
White Building company in the red
The government revealed yesterday that Japanese company Arakawa, which is in charge of developing the White Building, does not have enough funds to cover both the $70-$80 million construction price tag and the buyouts for residents who want to sell their apartments. ...
Pech Sotheary
http://www.khmertimeskh.com/news/33461/white-building-company-in-the-red/
Tourism as usual at Angkor Wat despite steeper fees
The steep increase in Angkor Wat ticket prices on February 1 did not discourage tourists from visiting the country’s chief tourist draw, as some feared, but it also did not reap any significant material gains for the government coffers, new data shows. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-usual-angkor-wat-despite-steeper-fees
A road paved with promise
Land prices along one of Cambodia’s main highways have seen a slight increase in the first half of 2017, thanks to road improvements and residential developments, insiders say. ...
Sum Manet
http://www.khmertimeskh.com/5073593/road-paved-promise/
Illegal imports hogging local market for pigs, say farmers
Cambodian pig farmers are facing a mounting crisis as the price of pigs has continued to plummet, with many blaming local officials for allowing Vietnam to illegally import pigs across the border, representatives from a farmers association said at a press conference yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/illegal-imports-hogging-local-market-pigs-say-farmers
Cambodia’s Economic Growth Will Help Poverty Reduction
Cambodia economic growth was 7.3 percent in 2012. Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...
Cambodia’s Economic Opportunity
While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...
http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/
Thai Exports Ban to Benefit Hog Farmers
A ban of live pig exports by Thailand will benefit local farmers as prices are expected to rise. According to the MSME Project most of the pork in Cambodia comes from Thailand. Only 40 to 50 percent of Cambodia’s hogs are supplied by domestic farmers. ...
Phnom Penh Post sold to Malaysian investor
Saturday’s announcement by Post Media CEO Bill Clough identified the buyer of the English-language Phnom Penh Post as Sivakumar G., who was described as having an experienced journalist’s background and representing a strong investment group from Malaysia. No price was given. ...
Associated Press
https://www.voacambodia.com/a/phnom-penh-post-sold-malaysian-investor/4382678.html