Phnom Penh makes top 5 of Knight Frank real estate index
Phnom Penh has earned one of the top spots in a new report tracking prices of residential and commercial real estate across the region. The Knight Frank Asia Pacific Prime Asia Development Land Index, which the global real estate consultancy has hailed as a market first, ...
Post Staff
http://www.phnompenhpost.com/real-estate/phnom-penh-makes-top-5-knight-frank-real-estate-index
Indonesia in Talks With Cambodia Over Rice Export Deal
An Indonesian trade delegation is scheduled to visit Cambodia this month to finalize a trade deal that could see up to 100,000 tons of rice exported to Indonesia each year, Thon Virak, director general of state-owned rice exporter Green Trade Co., said on Friday. “Indonesia wants ...
Government directs support to rice farmers
The government announced yesterday that it would “intervene” to support the price that farmers receive for their paddy rice, though without instituting a price floor or direct subsidies that would jeopardise a free market. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/government-directs-support-rice-farmers
Gold, Riel not affected by dollar fluctuations
With global oil prices down and a devalued United States dollar, the price of gold has remained stable and has risen slightly while trade at gold shops has been steady, a gold shop owner said yesterday. ...
Chea Vannak
http://www.khmertimeskh.com/news/23066/gold--riel-not-affected-by-dollar-fluctuations/
Petroleum imports surge on economic growth
A resurgent economy and efforts to crack down on smuggling have led to a large increase in petroleum imports, according to experts. Cambodia has imported 756,139 tonnes worth US$692 million in the first half of the year, from 440,607 tonnes worth $296 million in the ...
Rice Scheme Will Hurt Thais and Help Vietnam
Thailand–Consumers face prospect of high prices, low quality rice from Burma, Cambodia: TDRI. While consumers and taxpayers will suffer from the government’s controversial rice policy, Vietnam will substantially gain, the Thailand Development Research Institute (TDRI) has warned. Ammar Siamwalla, a prominent economist, yesterday asked the ...
Thailand seeks formation of cassava bloc
Thailand wants to form a coalition with Cambodia, Laos, and Vietnam, all cassava-producing nations, to guarantee a stable price for the commodity and avoid future price wars, according to an article published yesterday in the Bangkok Post. ...
May Kunmakara
https://www.khmertimeskh.com/50503128/thailand-seeks-formation-of-cassava-bloc/
Pricing talks on wind energy project underway
State-run Electricité du Cambodge (EDC) and Singapore-based The Blue Circle are in preliminary talks on the price of wind generated power, as senior officials place high hopes for having the renewable energy factor into the nation’s energy mix soon. ...
Chea Vanyuth
https://www.khmertimeskh.com/50832275/pricing-talks-on-wind-energy-project-underway/
80MW wind farm project in Kampot hits EdC price snag
French-owned The Blue Circle’s 80MW wind power investment project in Kampot province has hit an impasse, as its proposed $0.068 per kWh tariff rate for the national grid exceeds what state-run energy supplier Electricite du Cambodge (EdC) is willing to pay, according to a Ministry ...
Hin Pisei
https://www.phnompenhpost.com/business/80mw-wind-farm-project-kampot-hits-edc-price-snag
Fish farming resumes amid market uptick, price surges
Fish farmers who had ceased operations in April due to plummeting fish prices have now resumed their activities, encouraged by the recent upturn in the market, according to the Cambodian Aquaculturist Association (CAA). ...
Van Socheata
https://www.phnompenhpost.com/national/fish-farming-resumes-amid-market-uptick-price-surges
In effeminate tones, Hun Sen lampoons opposition politicians
Prime Minister Hun Sen used the opening ceremony of a dam in Pursat province Thursday to act out a scene of biting political satire by pouring scorn on promises from the opposition CNRP to simultaneously reduce food prices in markets, while increasing prices paid to ...
Khuon Narim
http://www.cambodiadaily.com/news/in-effeminate-tones-hun-sen-lampoons-opposition-politicians-55131/
PTT to add 70 gas stations by 2020
An additional 70 gas stations will be set up across the country by 2020 by PTT (Cambodia) Limited, a subsidiary of Thailand’s PTT oil and gas conglomerate, while retail prices will soon be regulated to reflect the fluctuations in global oil prices. ...
Sok Chan
http://www.khmertimeskh.com/news/22390/ptt-to-add-70-gas-stations-by-2020/
The week at the CSX- Nov 8th-15th
The price of the exchange’s sole listed company, PPWSA, remained very stable from Nov. 8-15 at KHR 6,200 (US$1.55), the price it arrived at on Oct. 30. Trading volumes over the period fluctuated between 4,501 and 38,951 shares. ...
Cambodia, China renew pledge for $10B in trade value by 2023
Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023
10 arrested over land grabbing in Preah Sihanouk province
Officials in Preah Sihanouk province arrested 10 people over land grabbing in Kampong Seila district. Reports said almost 300 people were involved in the land encroachment in the province. ...
Son Minea
https://www.khmertimeskh.com/501041329/10-arrested-over-land-grabbing-in-preah-sihanouk-province/
10 Cambodians mourned on UN Peacekeepers Day
The National Centre for Peacekeeping Forces (NPMEC) on May 26 commemorated the International Day of UN Peacekeepers, in recognition of their service and sacrifice and to honour the memory of those who had lost their lives in the course of peacekeeping. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/10-cambodians-mourned-un-peacekeepers-day
Gold refines reach 5.3 tons in 2022, paying nearly $10M in tax
Cambodia’s four gold companies refined around 5,300 kg of gold ore, a semi-finished product that is smelted at a mine, as of 2022, paying royalties of $8 million and $1.5 million as tax income, a report from the Ministry of Economy and Finance showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501226405/gold-refines-reach-5-3-tons-in-2022-paying-nearly-10m-in-tax/
Insurance industry in Cambodia registers growth of 10.6 percent in 2022
Cambodia’s insurance industry recorded a total premium of $331.8 million in 2022, up 10.6 percent from $299.8 million in a year earlier, a report by the Insurance Regulator of Cambodia (IRC) showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501245448/insurance-industry-in-cambodia-registers-growth-of-10-6-percent-in-2022/
NagaWorld Profits Jump in First Half of 2012
Net profits at NagaCorp Ltd., owners of Phnom Penh’s only licensed casino, jumped 38 percent to reach $52.4 million in the first half of 2012 compared to the same period last year, the company said in its most recent financial report. The casino generated a total ...
Two Years In, Kampot Casino Downsizes
The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...