Government to tap emergency rice fund to help corn farmers
The government will use the untapped funds of an emergency rice loan package to support struggling corn farmers who have protested the low market prices for their crop this season, state officials said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/government-tap-emergency-rice-fund-help-corn-farmers
Demand for Cambodian cashews on the rise
Demand for Cambodian cashew nuts remains robust in 2018, with the price of the commodity in the global market having experienced moderate growth in recent months, according to an official from the Ministry of Agriculture. ...
Sok Chan
https://www.khmertimeskh.com/50301893/demand-for-cambodian-cashews-on-the-rise/
Metered tuk-tuks making inroads in Phnom Penh
Cambodia’s first fleet of metered tuk-tuks is taking on the capital’s traditional business model for cheap motorised conveyance, where fare prices are usually settled by negotiations and customers often feel they were overcharged. ...
Matthieu de Gaudemar and Hor Kimsay
http://www.phnompenhpost.com/business/metered-tuk-tuks-making-inroads-phnom-penh
Palm oil yields up as crop matures
Export of crude palm oil from Mong Reththy Group, the Kingdom’s only active producer, doubled during the first half of the year despite prices showing no indication of improving, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/palm-oil-yields-crop-matures
Sihanoukville gets ready for listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...
Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/
Pepper farmers seek new GI listings
Pepper production inched up to close to 12,000 tonnes last year with cultivation on 6,124 hectares, but unstable prices have led to calls for geographic indicator (GI) certificates for a range of peppers. ...
Chea Vannak
http://www.khmertimeskh.com/news/38551/pepper-farmers-seek-new-gi-listings/
Cops seize wood in Battambang
Nearly five cubic feet of highly priced wood was confiscated in Battambang province’s Samlot district after Military Police in Kampong Lapov commune stopped a truck on Wednesday, said Meas Sovan, the provincial Military Police commander. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cops-seize-wood-battambang
Third undersea cable to plug kingdom into data fast lane
The government has contracted the private sector to build a third submarine communications cable linking Cambodia to a major international telecommunications artery in a bid to significantly increase internet speed while helping to bring down prices. ...
Sor Chandara
http://www.phnompenhpost.com/business/third-undersea-cable-plug-kingdom-data-fast-lane
Oil plunge a boon for developing nations: WB
Oil-importing nations such as Cambodia should be first in line to benefit from the oil-price decline provided they swiftly enact reforms to reinvest savings into strengthening fiscal policy and human capital, according to the World Bank. ...
Eddie Morton
http://www.phnompenhpost.com/business/oil-plunge-boon-developing-nations-wb
Trade in otter skins is booming: report
High prices and lax law enforcement have created a booming transnational trade in otter skins, where the endangered mammals are hunted in the wild to be sold on to buyers in neighbouring countries, according to a new report. ...
Daniel Pye
http://phnompenhpost.com/national/trade-otter-skins-booming-report
Cambodia's rubber exports up 33 pct last year
Cambodia recorded a 33 percent rise in dry rubber exports volume in 2014, but the revenue decreased by 8 percent due to a plunge in global rubber price, according to figures from the Ministry of Commerce on Saturday. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/150207/cambodias-rubber-exports-33-pct-last-year
'Geek’ girls prove technology is not just for boys
A small group of women technologists made the semi-final round of a global entrepreneurship competition recently, after designing a mobile app that could help farmers get better prices for their goods. ...
Ten Soksreinith
http://www.voacambodia.com/content/geek-girls-prove-tech-is-not-just-for-boys/2827698.html
Phnom Penh-Poipet high-speed rail line construction price tag at about $4 billion
The construction of the Phnom Penh high-speed railway construction is planned to cost about $4 billion and will take about four years to build. ...
Khmer Times Staff
https://www.khmertimeskh.com/501225091/phnom-penh-poipet-high-speed-rail-line-construction-price-tag-at-about-4-billion/
After PM’s appeal, MoC set strict rules for price display in riel
A week after Prime Minister Hun Sen asked the Ministry of Commerce (MoC) and Ministry of Tourism (MoT) to cooperate with each other to work on price labelling, the MoC has set strict rules to initiate legal actions against those businesses that fail to label ...
Kang Sothear
https://www.khmertimeskh.com/501261479/after-pms-appeal-moc-set-strict-rules-for-price-display-in-riel/
Rice exports drop amid calls for intervention
Rice exports fell almost 6 percent during the first half of the year, to 268,190 tons, according to government figures—despite the industry’s repeated calls for help to prevent such a decline. ...
Kang Sothear
https://www.cambodiadaily.com/news/rice-exports-drop-amid-calls-for-intervention-115179/
Cash influx a band-aid for failing rice sector
As the government scrambles to buoy a rice sector suffering from crashing paddy prices and fierce international competition, Prime Minister Hun Sen on Thursday lauded the government officials and “generous businesspeople” who heeded calls for emergency funds. ...
Janelle Retka and Kuch Naren
https://www.cambodiadaily.com/news/cash-influx-band-aid-failing-rice-sector-118340/
After protest, farmers’ unrest spreads to neighboring districts
After about 500 protesting farmers blockaded a national road in Battambang province last week, local authorities in neighboring districts are now making efforts to placate hundreds of other farmers also restless over depressed corn and cassava prices. ...
Leng Len
https://www.cambodiadaily.com/news/protest-farmers-unrest-spreads-neighboring-districts-132586/
Cambodia fears tough competition for long-grain rice exports from India
Cambodia rice exporters are fearing that the Indian government’s decision to release 5 million tons of rice in the open market to control price hikes may have a spill over effect on global rice exports, according to local sources. ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-fears-tough-competition-long-grain-rice-exports-india
Cintri defends fee irregularities to Anti-Corruption Unit
The company responsible for collecting Phnom Penh’s trash has defended its erratic pricing structure in response to an inquiry from the Anti-Corruption Unit (ACU), which says that numerous complaints have been filed by small business owners. The ACU sent a letter to Cintri (Cambodia) Ltd. on ...
Khuon Narim
http://www.cambodiadaily.com/news/cintri-defends-fee-irregularities-to-anti-corruption-unit-56153/
Cambodia’s telecom agency firm on fees
Cambodia’s telecommunications ministry yesterday defended intervening in the market by fixing minimum prices for mobile phone calls, rationalising the base charges as necessary to stem the loss of tax revenue and avert a monopolised industry. The floor price was introduced in 2009 to prevent the demise ...
Chan Muy Hong and Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-telecom-agency-firm-fees