Ministry produce plan comes up short
A $20 million Ministry of Agriculture programme has struggled to meet its goal of introducing 160 tonnes a day of high-quality locally produced vegetables to the market, with ministry officials saying that as a result of high production costs and pricing issues it was currently ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/ministry-produce-plan-comes-short
Smart posts Q1 growth despite stiff competition
Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...
Post Staff
http://www.phnompenhpost.com/business/smart-posts-q1-growth-despite-stiff-competition
Businesses warned not to increase holiday rate
With Khmer New Year arriving next week, Prime Minister Hun Sen has warned tourism-related businesses against increasing service prices during the three-day holiday. Speaking at a graduation ceremony for students at Vanda Institute of Accounting in Koh Pich yesterday, the prime minister appealed to hotels, guesthouses, ...
Hor Kimsay
http://www.phnompenhpost.com/business/businesses-warned-not-increase-holiday-rate
Regional officials meet over rubber fall
Officials from Southeast Asia’s natural rubber-producing nations met in Kuala Lumpur yesterday for the 12th International Tripartite Rubber Council (ITRC). Cambodia, Laos, Myanmar and Vietnam (CLMV) joined ITRC core nations – Thailand, Indonesia and Malaysia – for the event, which is being touted as a joint ...
May Kunmakara
http://phnompenhpost.com/business/regional-officials-meet-over-rubber-fall
Power bill spikes raise alarm
Seemingly arbitrary increases in electricity prices are raising eyebrows in Phnom Penh, as residents’ bills are showing marked-up charges despite unchanged usage patterns – and frequent blackouts. Citizens are lodging complaints with the state-owned electricity company Electricite du Cambodge (EdC), claiming that their bills are rapidly ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/power-bill-spikes-raise-alarm
Condominium developers begin shift towards local market
It is no secret that Cambodia’s condominium market has largely focused on attracting international developers and investors looking to jump into a growing market by offering expensive upscale units, but, as the standard of living in Cambodia is on the rise, many projects are shifting ...
Siv Meng
http://www.phnompenhpost.com/real-estate/condominium-developers-begin-shift-towards-local-market
Fragrant rice market promising
The price of Cambodia’s premium fragrant rice export market is promising compared with Thailand and Vietnam’s, according to a rice exporter. ...
Sok Chan
https://www.khmertimeskh.com/50761985/fragrant-rice-market-promising/
Unions, gov’t gear up for talks to revise minimum wages
Trade unions are gearing up for a meeting with the Ministry of Labour, to negotiate on revising minimum wages for factory workers in the wake of skyrocketing prices. ...
Chea Vanyuth
https://www.khmertimeskh.com/501119201/unions-govt-gear-up-for-talks-to-revise-minimum-wages/
Way of life vanishing: villagers
Since 2011, an estimated 3,000 resin trees have been illegally razed by rogue loggers and a land concessionaire operating in Mondulkiri’s Sen Monorom district, villagers claimed yesterday. Resin trees are a vital source of income for the Phnong ethnic community in Sokdom commune, according to Thleuk ...
Phak Seangly
http://www.phnompenhpost.com/national/way-life-vanishing-villagers
Season’s Bountiful Fish Catch Means Prahok Will Be Plentiful
Last week marked the end of the annual fishing season and many who had gathered on the riverbanks to buy and sell fish in the Russei Keo district of Phnom Penh called it the best season in years. An abundance of fish, there were bargain prices ...
Ben Sokhean and Malia Guyer-Stevens
http://www.cambodiadaily.com/news/seasons-bountiful-fish-catch-means-prahok-will-be-plentiful-50893/
Two’s company at CSX
It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...
Eddie Morton
http://www.phnompenhpost.com/business/two%E2%80%99s-company-csx
Chinese firm buys timber concession
Cambodia has granted Chinese timber company Shengda Wood a 22,600-hectare timber concession in Kratie and Strung Treng provinces, officials said. The Shenzhen Stock Exchange-listed company would export wood from the 70-year concession to supply a depleted market in China, Li Jie, a management official in Sichuan, ...
Croc skins new focus for farmers
Crocodile farmers in Siem Reap are turning away from the export of hatchlings to Vietnam, choosing instead sell the reptiles for their skins. Luon Nam, president of the province’s Crocodile Feeding Association, said yesterday the reliance on Vietnam was an unsustainable strategy for the industry. Any change ...
http://www.phnompenhpost.com/index.php/2011122853645/Business/croc-skins-new-focus-for-farmers.html
Oil and gas imports fall: ministry
The Kingdom’s petroleum and gas imports fell in the first quarter of this year due to waning consumer and business demands, according to the Ministry of Commerce. However, a large petroleum, lubricants and oil importer said the fall in gas imports was just relative and ...
Sok Chan
http://www.khmertimeskh.com/news/26222/oil-and-gas-imports-fall--ministry/
“The more we produce rice, the poorer and poorer we get”
For millennia, rice has been the backbone of Cambodia’s all-encompassing agricultural sector. But with global rice prices falling and neighbouring countries such as Thailand and Vietnam mobilising their vast resources and workforces to boost domestic production, experts say the crop that has underpinned the nation’s ...
Paul Millar
http://sea-globe.com/cambodia-future-rice/#
Oryza March 2015 rice market review
The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the month of March at about $413 per ton, down about $7 per ton from a month ago and down about $41 per ton from a year ago. Global ...
Oryza News Staff
http://bit.ly/1yfcJmT
Sweet news for palm sugar suppliers, users
Kampong Speu palm sugar production is promising while demand is rising and farmers are happy with the current price, according to Kampong Speu Palm Sugar Promotion Association (KSPSPA). ...
Sok Chan
https://www.khmertimeskh.com/50760225/sweet-news-for-palm-sugar-suppliers-users/
Heatwave hits seaweed growers
Kampot’s seaweed growers have been hit by a price drop of 1,000 riels per kilogram after the extreme heat of April devastated their harvest ...
Meas Molika
https://kiripost.com/stories/heatwave-hits-seaweed-growers
Customs' taxing dilemma
Average Cambodians are to pay the price for stamping out corruption in the customs department. prices for basic goods, such as food and clothing, rose recently after the department was ordered last week to clean up its act and apply the official tax rate, importers told ...
Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/customs-taxing-dilemma
Long-overdue Consolidation of the Kingdom’s Mobile Telecoms Market May Have Operators Feeling Hopeful, but Challenges Remain
After years of immersion in a vicious price war, battle weary and capital-haemorrhaging [sic] mobile operators in Cambodia’s oversaturated telecommunications sector may finally have reason to breathe a sigh of relief; 2013 might be cited as the year the tide turned. Tarred by legal threats, ...