Cambodia launches cassava development project under China, UNDP support
Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...
http://news.xinhuanet.com/english/china/2013-05/21/c_132397799.htm
Stung Treng authorities seize illegal Thnong wood shipment
Authorities in Stung Treng province discovered and confiscated a haul of luxury wood that was being transported in three trucks on Sunday night from the protected Virachey National Park, officials said Tuesday. Provincial deputy police chief Yorn Din said the trucks were stopped and searched as ...
Aun Pheap
http://www.cambodiadaily.com/news/stung-treng-authorities-seize-illegal-thnong-wood-shipment-58644/
Trading volume drops on new Cambodia Securities Exchange
The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. Despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...
http://www.phnompenhpost.com/index.php/2012042755811/Business/trading-volume-drops-on-new-csx.html
1,600 Tons of Cassava Stuck at Thai Border
More than 1,600 tons of cassava have been stuck at the Thai-Cambodian border in Banteay Meanchey for several days because Thai officials have banned imports of the crop in an effort to support domestic prices at home, officials and exporters said yesterday. The cassava, 800 tons ...
Government eyes fuel taxes
The government plans to review fuel import taxes in the wake of soaring prices at the pump over the past few weeks, an official said yesterday. Cheam Yeap, Cambodian People’s Party lawmaker and chairman of the finance and banking commission, said the government will look into ...
http://www.phnompenhpost.com/index.php/2012041055530/National-news/government-eyes-fuel-taxes.html
Villagers warned to be wary of ill-intentioned land agents
Ministry of Environment spokesman Neth Pheaktra on Tuesday warned villagers not to believe ill-intentioned land agents and called on people to stop all illegal grabbing of state-owned land or face punishment in accordance with the law. He said that because land prices had increased dramatically, ...
Voun Dara
https://www.phnompenhpost.com/national/villagers-warned-be-wary-ill-intentioned-land-agents
Cambodia’s agriculture sector must supply own raw materials
Agricultural sector insiders said relying on neighbouring markets to source raw materials for Cambodia’s agriculture products is a short-term strategy that needs to be managed. During a discussion, last week with Vu Quang Minh, Vietnamese ambassador to Cambodia, Minister of Agriculture, Forestry and Fisheries Veng ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-agriculture-sector-must-supply-own-raw-materials
Environment Ministry cautions villagers over land encroachment
An Environment Ministry official yesterday reiterated that Preah Sihanouk province’s Ream National Park and protected area Prek Toek Sab Kbal Chhay are both state-owned areas, reminding people to immediately stop illegal encroachment. Neth Pheaktra, ministry spokesman, yesterday said that as the price of land in ...
Pech Sotheary
https://www.khmertimeskh.com/50609126/environment-ministry-cautions-villagers-over-land-encroachment/
Clearing along Koh Kong beach raises eyebrows
Concerns have been raised over the clearing of mangrove forests along Bak Khlong beach in Koh Kong province’s Mondul Seima district as land prices in the area increase. Bak Khlong commune chief Eav Kosorl told The Post on Monday that land titles existed for areas ...
Voun Dara
https://www.phnompenhpost.com/national/clearing-along-koh-kong-beach-raises-eyebrows
Moody’s warns of ‘credit negative’ if EBA is lost
Moody’s Investors Services has warned that Cambodia’s potential loss of its Everything But Arms (EBA) preferential trade access to the EU would weaken its economic growth and lead to a credit negative, a report released on Saturday says. It notes that while Cambodia maintained its ...
Sorn Sarath and Cheng Sokhorng
https://www.phnompenhpost.com/business/moodys-warns-credit-negative-if-eba-lost
International union urges brands to lead on pay rises
Changes to unfair wages for garment sector workers has to start at the top, with global brands paying higher prices for clothes, said leaders of an international labor organization at a meeting yesterday. IndustriALL is pushing for this through its ACT program. If successful, it ...
Jonathan Cox
http://www.khmertimeskh.com/news/18537/international-union-urges-brands-to-lead-on-pay-rises/
Indonesia needs cheaper rice
Indonesia would consider buying more rice from Cambodia if the price was more competitive, the Indonesian ambassador to Cambodia told reporters after the Indonesian Trade and Tourism Promotion 2016 expo in Phnom Penh on Friday. Ambassador Pitono Purnomo said that Cambodia and Indonesia signed a ...
Sok Chan
http://www.khmertimeskh.com/news/30146/indonesia-needs-cheaper-rice/
An IPO with a value approach
Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...
Cam McGrath
http://www.phnompenhpost.com/business/ipo-value-approach
Poor households given $51m in energy subsidies
The government subsidised $51 million worth of electricity across the country in 2017 in a bid to bring down the price of electricity for low-income households, according to the Minister of Mines and Energy. Speaking at the annual conference of the Electricity Authority Cambodia yesterday, Suy ...
Sok Chan
http://www.khmertimeskh.com/50104181/poor-households-given-51m-in-energy-subsidies/
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
Garment maker to list at $2.41 per share
Grand Twins International, Cambodia’s second stock exchange listing, will list at the lower end of its expected buy-in range, an announcement on the Phnom Penh Securities (PPS) website said yesterday. GTI is to begin trading on May 29 with nine million shares at $2.41 each, according ...
Daniel de Carteret
http://www.phnompenhpost.com/business/garment-maker-list-241-share
Cambodia ready for rice bid
Cambodia will join the bidding for the Philippine government’s latest rice import offer, a senior rice industry official says. The Philippine government’s National Food Authority (NFA) last week authorised the import of 500,000 tonnes of rice to the country. The bidding process, which is looking for the ...
Chan Muyhong
http://www.phnompenhpost.com/business/cambodia-ready-rice-bid
Rough start for CSX’s second listing
Grand Twins International launched its IPO one year ago to much fanfare, but a dwindling stock price has failed to generate much confidence in Cambodia’s fledgling bourse Despite the initial fanfare at the Cambodia Securities Exchange over the listing of Grand Twins International 12 months ago, ...
Ananth Baliga
http://www.phnompenhpost.com/post-weekend/rough-start-csxs-second-listing
Real estate ‘still boasts potential’
Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to ...
Hin Pisei
https://www.phnompenhpost.com/post-property/real-estate-still-boasts-potential
Residents and traders at Phnom Sampov resort request compensation in exchange for demolition
About 20 families and traders living and selling around Phnom Sampov asked the relevant authorities to help resolve the compensation according to the market price in exchange for relocation as authorities claim that their move is to rehabilitate the site for tourism. ...