The World Bank is forecasting a continued slowdown of Cambodia’s economy over the next three years because of rising local production costs, sluggish global rice prices and other headwinds. The prediction is a gloomy counterpoint to the coming rebound the Asian Development Bank (ADB) forecast ...

The Ministry of Agriculture, Forestry and Fisheries has postponed the finalisation of a draft rubber law amid declining rubber prices, according to a senior official. Under the draft law, producers must be more selective in choosing the type of rubber for plantation and only processed ...

Rice wine operations in Kratie province have been shut down indefinitely with immediate effect after a toxic batch recently killed several people and hospitalised others. Kratie provincial industry and handicraft department head Ny Chhun said the objective of the move is to reduce the harm ...

The Association for Rubber Development in Cambodia will submit a letter to the government asking it to suspend export taxes on rubber due to the sharp decline in its price and to prevent more farmers from going out of business, its secretary general, Men Sopheak, ...

Although growth in Cambodia’s consumer price index (CPI) went up by 4.3 percent year-on-year in March, according to latest figures from the National Institute of Statistics, an expert maintains that the increase in cost of living will have minimal effect on the lives of Cambodians. ...

More than 200 villagers in Preah Vihear town thumb-printed a joint complaint to rights group Adhoc over the weekend asking them to appeal to provincial authorities to intervene after their private electricity company raised its prices by more than 1,000 riel per kilowatt hour, NGO ...

With the Grade 12 national high school exam about two weeks away, a group of five NGOs sent a letter to the Ministry of Education on Monday asking the government to prevent guesthouses from hiking their prices for students who have to stay overnight in ...

Energy experts say Thailand and Cambodia will resume talks to settle their dispute on an overlapping claim area (OCA) in order to jointly benefit from a new petroleum source and relieve the impact of energy price fluctuations. ...

Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...

Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...

Pestech International Bhd’s share price rose 28 sen or 4.47% to RM6.55 today, emerging as the second top gainer across the bourse, after RHB Research upgraded its “take profit” call on the counter to “buy”, following Pestech’s announcement yesterday that it intends to list its ...

After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...

The banana is Cambodia’s national fruit and makes an excellent after-meal dessert. But its popularity extends further than just being a sweet fruit. Due to its affordable price, it’s also food for the poor and can be used regularly as offerings to the spirits or ...

The government has officially made $27 million in emergency funds, initially intended for the rice sector, available for struggling corn farmers at a 5 percent annual interest rate to help prop up low market prices and free up liquidity after farmers protested earlier this month, ...

After the government confirmed legal land titles to residents of Koh Rong and ends conflict and uncertainty between land of residents and land of companies on 14 July 2017, it is highly likely that land prices will skyrocket and Koh Rong will change its new ...

The government has formed a new federation for the country’s pepper industry to enhance the market and solve challenges in the sector, as the cash crop is currently facing depressed prices. The Cambodia Pepper and Spice Federation was jointly formed last Friday by the Ministries ...

Cambodia’s cassava growers have been asked to target Thailand as an export market due to the high demand for the starch-tuber in the neighboring country to produce ethanol, animal feed and flour, while little is done at home to stabilize prices and provide assistance to ...

The Cambodia Rice Federation (CRF) has submitted a proposal to the government for the setting up of a joint executive financial committee to ensure that the $27 million emergency loan to rice millers to purchase paddy rice from farmers, in a bid to prevent rice ...

Despite a slew of global investment banks slashing their oil price forecasts this week, KrisEnergy —the Singaporean oil and gas firm with a controlling stake in Cambodia’s most promising offshore oil reserve, Block A—remains committed to helping Cambodia produce its first drop of oil, a ...

Frustrated with the failure of a $27 million emergency loan package to help rice farmers find a fair market price for their crop and stem the tide of smuggled paddy across the borders, Agriculture Minister Veng Sokhon is flogging a new model for the nation’s ...