Cambodia's Economic Growth
The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...
Land prices in Siem Reap spike 15 per cent
Strong economic growth and an increase in tourism had driven Siem Reap land prices, according to an industry expert. Sorn Seap, general manager of Key Real Estate who had studied land prices in Siem Reap town, said land prices in Siem Reap town increased about 15 ...
Siv Meng
http://www.phnompenhpost.com/real-estate/land-prices-siem-reap-spike-15-cent
Vendors at capital market balk at massive rent hike
A dramatic hike in rent by the landlord of Phnom Penh’s Dey Thmey Boeung Kropeu Market saw 60 vendors turn out in protest at the site yesterday morning. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/vendors-capital-market-balk-massive-rent-hike
Taxis ordered off street sides near Monivong Bridge
Chbar Ampov district governor has ordered taxi drivers to cease parking along the road near Monivong Bridge, offering them an alternative nearby as part of ongoing efforts to ease congestion on major capital roads. ...
Sen David
http://www.khmertimeskh.com/5076835/taxis-ordered-off-street-sides-near-monivong-bridge/
Pursat market to boost local vegetable trade
Farmers in Pursat province are to benefit from a new vegetable market, allowing them to sell their produce for free for the first five years. The market is aimed at boosting sales of chemical-free vegetables for distribution across the country, to reduce reliance on imported vegetables ...
Sum Manet
http://www.khmertimeskh.com/news/38550/pursat-market-to-boost-local-vegetable-trade/
Arrests after vendors rally in Sisophon
Three people were arrested in Banteay Meanchey province on Friday during a protest in which more than 400 vendors rallied against orders to move to new market sites. In what authorities said was an effort to “restore public order”, police and military forces were deployed to ...
Sen David
http://www.phnompenhpost.com/national/arrests-after-vendors-rally-sisophon
Guards tell vendors it’s time to go
More than 100 vendors from Phe Leu market in Kratie town protested yesterday after they arrived at work to find security guards refusing to let them sell at their usual spots, vendors said. More than 20 unarmed guards blocked the protesters, forcing them to set up ...
Sen David
http://www.phnompenhpost.com/national/guards-tell-vendors-it%E2%80%99s-time-go
Illegal migrants rounded up at Talat Thai
Police have arrested more than 500 illegal migrant workers at the huge Talat Thai market in Pathum Thani. Police said the illegal migrants would face legal action before being deported to their home countries. ...
Pongpat Wongyala
http://bit.ly/1NT1B0y
Exporters poised to ship fresh mangoes to China in early 2021
Cambodian Keo Romiet mangoes remain on target to be directly exported to the Chinese market from early next year after the economic powerhouse penned an agreement in June that set up a 500,000 tonne quota for the Kingdom’s widely-available fruit. ...
Thou Vireak
https://www.phnompenhpost.com/business/exporters-poised-ship-fresh-mangoes-china-early-2021
Thailand works to spur exports to Cambodia, among four potential markets
Thailand’s Commerce Ministry is scheduled to organise about 450 activities to stimulate exports this year, focusing mainly on four potential markets namely the Middle East, South Asia, China, and the CLMV (Cambodia, Laos, Myanmar and Vietnam), a senior official has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501239181/thailand-works-to-spur-exports-to-cambodia-among-four-potential-markets/
Talks held with Alibaba to promote Cambodian rice
Talks are underway to promote Cambodian rice on the Alibaba platform with the aim of increasing sales by competing in the Chinese market. ...
Rov Hongseng
https://kiripost.com/stories/talks-held-with-alibaba-to-promote-cambodian-rice
MoC initiates pilot project for nationwide wholesale markets
The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...
Chea Vanyuth
https://www.khmertimeskh.com/501517912/moc-initiates-pilot-project-for-nationwide-wholesale-markets/
Boeung Tamouk reclamation project worries villagers
The government is going ahead with its plans to revamp part of Phnom Penh’s largest water reservoir into a vegetable market, despite complaints from villagers, fishermen and vegetable vendors that the market would be counterproductive to their livelihoods. ...
Khuon Narim
https://www.khmertimeskh.com/50567134/boeung-tamouk-reclamation-project-worries-villagers/
Vendors call for better treatment
About 150 street vendors gathered in Phnom Penh yesterday to mark International Street Vendors Day and called on the authorities to treat them better. ...
Mom Kunthear
https://www.khmertimeskh.com/50660992/vendors-call-for-better-treatment/
Booming middle class fueling mall construction
The rising incomes of Cambodians and the growing middle class as the Kingdom enters lower-middle income status is leading to a new trend in consumer spending, which in turn is fuelling a boom in the construction of malls to cater to changing lifestyles and the ...
Chea Vannak
http://www.khmertimeskh.com/news/23337/booming-middle-class-fueling-mall-construction/
NagaCity Walk gives capital a taste of duty-free shopping
The NagaCity Walk, a $94 million subterranean shopping centre in Phnom Penh aimed at high-rolling tourists visiting the adjacent NagaWorld casino and hotel complex, held its soft opening yesterday, with duty-free luxury goods ranging from affordable tobacco, perfumes and designer watches to a $3,400 bottle ...
Kali Kotoski
http://www.phnompenhpost.com/business/nagacity-walk-gives-capital-taste-duty-free-shopping
PPWSA’s Q3 profit hit by expenses
Cambodia’s first listed company, the Phnom Penh Water Supply Authority, yesterday reported a 41 per cent drop in profits after tax for the quarter ending September 30, with the company attributing the drop to an increase in expenses incurred over the quarter. ...
Ananth Baliga
http://www.phnompenhpost.com/business/ppwsas-q3-profit-hit-expenses
Alchemy adds more Cambodia business
Singapore head quartered creative agency Alchemy has been appointed as the digital marketing agency for Total Cambodge in Cambodia. The win will see Alchemy driving the overall digital communication planning, creative and production for the brand. ...
Maeketing Interactive Team
http://www.marketing-interactive.com/alchemy-grows-cambodia-office-client-roster/
Waiting to tap rubber’s rebound
The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/waiting-tap-rubbers-rebound
Beer tops advertising budgets
Beer advertising is one of the fastest growing advertising segments in the Kingdom, though just as people often struggle to keep track of how many beers they have put away, the amount that local breweries and distributors actually spend on media placements is subject to ...
Lay Samean
http://www.phnompenhpost.com/business/beer-tops-advertising-budgets