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World Bank hears local officials’ woes for pending 3-year plan

High electricity prices, low wages, limited irrigation and modest rice and crop prices were among the top concerns raised by government officials at a workshop in Phnom Penh on Monday to help the World Bank decide how to spend its money on the country over ...

Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-hears-local-officials-woes-for-pending-3-year-plan-87426/

Telecom Cambodia Suffers Amid Competition

State-owned Telecom Cambodia lost more than $40 million during the five-year tenure of director general Lao Saroeun, who is now set to move into a new government job despite an investigation into alleged corruption at the company, officials said yesterday. Speaking at the annual meeting ...

http://www.cambodiadaily.com

Cambodia’s inflation up over 5% in February

Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy Prices were ...

http://www.phnompenhpost.com/index.php/2012031655055/Business/cambodias-inflation-up-over-5-in-february.html

Rice sector optimistic as harvest wraps on Rumduol

Rice farmers and millers are confident that the price for premium fragrant paddy will continue to increase over the next two weeks as the annual harvest season for Phka Rumduol wraps up. However, farmers complain that they are still facing long-standing problems that could see ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-sector-optimistic-harvest-wraps-rumduol

Cambodia's inflation rate fell to 3 per cent in 2012

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

http://www.phnompenhpost.com/2013020761219/Business/cambodia-s-inflation-rate-fell-to-3-per-cent-in-2012.html

The Sihanoukville option

As property prices in Phnom Penh and Siem Reap continue to push upwards, many investors are quickly being priced out of these first-tier markets. Looking at second-tier cities around the Kingdom, Sihanoukville in particular stands out as an investment destination worth serious consideration. Named after the ...

Chris Horton
http://www.phnompenhpost.com/real-estate/sihanoukville-option

PPWSA up again, with retail buyers moving in

The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...

http://www.phnompenhpost.com/index.php/2012042055667/Business/ppwsa-up-again-with-retail-buyers-moving-in.html

Research differentiates investing in stock exchanges from gambling at the casino

One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial Institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...

http://www.phnompenhpost.com/index.php/Special-Reports/research-differentiates-investing-in-stock-exchanges-from-gambling-at-the-casino.html

Monitors Question Casino Building New Election Body Office

Election monitoring groups are questioning the National Election Committee (NEC) recent decision to let a Phnom Penh casino fund its new multi-million dollar headquarters, a move they said would cast further doubt on the body’s independence. NagaCorp, the owner of Phnom Penh’s only licensed casino, NagaWorld, ...

Nearly 850 protests this year: police

Almost 850 demonstrations or strikes have occurred nationwide since the year began – a seemingly anarchic average of more than six a day, the General Commissariat of National Police announced this week, blaming politicians, NGOs and trade unions for helping to incite demonstrators and “complicating ...

May Titthara
http://www.phnompenhpost.com/national/nearly-850-protests-year-police

New teaching methods in Cambodia transform learning for young students

Seven-year-olds Sovandara Lima and Prey Haraty are excited to begin their maths lesson. Today they are working on their addition, but instead of just copying down exercises from the whiteboard like they would have been doing last year, they’re choosing the sums themselves. The game ...

Khmer Times Staff
https://www.khmertimeskh.com/501321111/new-teaching-methods-in-cambodia-transform-learning-for-young-students/

Despite Land Loss, Minorities Back Status Quo

Romam Gvin could be described as a counterintuitive voter. Intuition might lead you to believe that Mr. Gvin blames the government for the loss of his land to the Vietnamese rubber company that now owns everything for as far as the eye can see here in ...

http://www.cambodiadaily.com/elections/despite-land-loss-minorities-back-status-quo-34786/

Crocodile farmers feel bite as demand continues to fall

The price of crocodile hatchlings in Siem Reap province has dropped drastically, and many local farmers are worrying about the future viability of crocodile farming. Tim Bunseng, a crocodile farmer in Siem Reap with around 200 female hatchlings, said the price he can get has dropped ...

http://www.phnompenhpost.com/index.php/2012052156272/Business/crocodile-farmers-feel-bite-as-demand-continues-to-fall.html

Lack of sweet deals turning Cambodia’s palm sugar industry sour

There is a growing demand for palm sugar in the marketplace. But producers are unhappy that they have not been paid fair prices by middlemen. The fair price for a kilo of raw palm sugar varies from US$0.41 to US$0.70. But the producers get much ...

Tan Ju-Eng
http://bit.ly/1IL9QKU

Floods kill at least 10 and wreak havoc in Kingdom

Flash floods continue to cause chaos in several parts of the Kingdom, especially in Pursat and Battambang provinces, taking at least 10 lives nationwide.   ...

Som Kanika
https://www.khmertimeskh.com/50772055/floods-kill-at-least-10-and-wreak-havoc-in-kingdom/

Illness strikes 92 in Poipet, leaves 10 hospitalised

Ninety-two villagers have fallen ill in a mysterious outbreak in Poipet town, Banteay Meanchey provincial Department of Health director Le Chan Sangvat said on Tuesday. None of the cases are life-threatening, but 10 of the victims have been warded in hospital. ...

Long Kimmarita
http://phnompenhpost.com/national/illness-strikes-92-poipet-leaves-10-hospitalised

GDT rakes in $2.3B of tax revenue over first 10 months

Although the Covid-19 outbreak has had a prolonged impact on the economy from late 2019 to 2021, it has had little effect on tax revenue, reflecting the effectiveness of tax governance and transparency efforts, according to General Department of Taxation (GDT) chief Kong Vibol.   ...

May Kunmakara
https://www.phnompenhpost.com/business/gdt-rakes-23b-tax-revenue-over-first-10-months

Kheng announces Chinese investment to reach total of $10 billion in 2023

In the first semester of 2021, Chinese investment in the Kingdom remained the highest of any foreign nations. The total value of Chinese finance reached around $5 billion, an increase of 31 percent when compared to the previous year. ...

Tin Sokhavuth
https://www.khmertimeskh.com/50999151/kheng-announces-chinese-investment-to-reach-total-of-10-billion-in-2023/

Cambodia exported more than $3 billion worth of agricultural products in 10 months

From January to October 2022, Cambodia saw a revenue of more than $3 billion from the exports of agricultural products, said the Ministry of Agricultural. ...

Khmer Times Staff
https://www.khmertimeskh.com/501205851/cambodia-exported-more-than-3-billion-worth-of-agricultural-products-in-10-months/

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