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Food Vendors Feel the Bite of Soaring Inflation

Two months ago, Sok Sathya spent less than a dollar for a kilogram of oranges to sell from his sidewalk stall across from a row of garment factories in Phnom Penh’s Meanchey district. Now the same oranges cost Mr. Sathya, 39, more than 6,000 riel, or ...

Hul Reaksmey and Colin Meyn
http://www.cambodiadaily.com/news/food-vendors-feel-the-bite-of-soaring-inflation-50773/

ABF Freight Adds Offices in Asia

ABF Freight System Inc. on Monday announced it had opened offices in Indonesia, Japan, Singapore, South Korea, Malaysia, Vietnam, Thailand, Cambodia, Myanmar, the Philippines, India and Sri Lanka. The locations are in addition to ABF offices in China, Hong Kong and Taiwan, ABF said in a ...

http://www.arkansasbusiness.com/article.aspx?aID=128384.54928.140526

Fertilizer Giant Opens New Branch

The PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCCo) officially inaugurated its branch in Cambodia on July 29 with an aim to sell products directly to local farmers. Since the establishment of its representative office in Phnom Penh in May 2010, PVFCCo, an affiliate of ...

http://www.etmcambodia.com/

Construction Approvals Grow

GOVERNMENT-approved construction projects soared 84 percent year-on-year through July to US$747.7 million, which officials called the biggest jump since the property market bust three years ago. The number of approved projects for the period reached 1,279, a decline from the 1,344 projects greenlighted in the first ...

http://www.phnompenhpost.com/index.php/2011082351195/Business/construction-approvals-grow.html

Machinery Manufacturers Tap Garment Sector

More than 150 companies from China, Taiwan, Singapore, Vietnam, Malaysia, as well as Germany and England on Thursday set up shop at the exhibition center on Phnom Penh’s Koh Pich island, displaying everything from $900 labeling machines to sewing machines worth $56,000 that automatically attach ...

Cambodia's Tourism Slows

Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 15.7% in September, the lowest growth rate so far for this year based on 242,747 visits during the month. The percentage increase for the nine-month period was pulled down from 24.5% at ...

http://www.ttrweekly.com/site/2012/11/cambodias-tourism-slows/

King Father Mementos a Big Business for City's Vendors

Portraits of the late King Father Norodm Sihanouk covered the floor and dozens of coin-sized badges emblazoned with his image were scattered on the sidewalk in front of the Singha Mean printing house yesterday. Kuo Ransiky, the 41-year-old owner of the printshop on Phnom Penh’s street ...

http://www.cambodiadaily.com

Credit guarantee unit to serve Asean

The Credit Guarantee and Investment Facility (CGIF), an agency set up by Asean+3 and the Asian Development Bank to help develop local-currency bond and cross-border bond markets in the region, has started to operate, says chief executive Kiyoshi Nishimura. He said the CGIF will fill in ...

http://www.bangkokpost.com/business/economics/296033/credit-guarantee-unit-to-serve-asean

Cambodian Agricultural Research Center Honored

The Cambodian Center for Study and Development in Agriculture has been recognized for its contributions to Cambodians by the a group of experts at Food Tank. The US-based think tank said the center, known in Cambodia as Cedac, was responsible for higher yields in Cambodian agriculture ...

http://www.voacambodia.com/content/cambodian-agricultural-research-center-honored/1688200.html

Cambodia garment workers’ plight worsening: ILO

Cambodia is backsliding in efforts to improve working conditions in its garment industry, the International Labour Organisation said yesterday, following a series of strikes at factories producing western-brand clothing. The kingdom is failing to make progress in key areas such as worker and fire safety and ...

http://thepeninsulaqatar.com/asia/245622-cambodia-garment-workers%E2%80%99-plight-worsening-ilo.html

Confidence at central bank

As volatility strikes Asian markets in anticipation of the US Federal Reserve winding down quantitative easing – the practice of injecting money into the economy – the National Bank of Cambodia says the Kingdom will remain largely insulated thanks to an investment market still in ...

http://www.phnompenhpost.com/2013062566455/Business/confidence-at-central-bank.html

US firms eye new markets in the Kingdom

VISA, Mastercard, Dell and Cisco Systems have been added to a growing list of US companies looking to enter the Cambodian market, according to Frances Zwenig, counsellor of the US-ASEAN Business Council. The financial services and information technology companies joined GE, Chevron, Johnson & Johnson ...

http://www.phnompenhpost.com/index.php/2011090551459/Business/us-firms-eye-new-markets-in-the-kingdom.html

Beeline books $500m charge after overestimating market

VimpelCom, the Netherlands-based parent company of Cambodian mobile operator Beeline, booked an impairment charge of US$527 million on its operations in Cambodia and Vietnam, according to a 2011 company report. The impairment, or revaluation of VimpelCom’s assets in the two Southeast Asian countries, highlighted the company’s ...

http://www.phnompenhpost.com/index.php/2012031555038/Business/beeline-books-500m-charge-after-overestimating-market.html

Cambodia may find new rice market in Manila

Low international rice prices have further stymied Cambodia’s milled-rice exports, millers reported yesterday, but large orders – reportedly the first ever – from the Philippines have encouraged at least one of the Kingdom’s biggest rice exporters. Mega Green Imex Cambodia this year to date has received ...

http://www.phnompenhpost.com/index.php/2012031655057/Business/kingdom-may-find-new-rice-market-in-manila.html

‘Free market’ no excuse for price gouging: CNRP

Despite Prime Minister Hun Sen’s request for bus owners and cab drivers to not hike prices over the Pchum Ben holiday, passengers were subjected to a familiar price bump this week. ...

Chea Takihiro and Srey Kunmeth
http://www.khmertimeskh.com/news/16770/---free-market----no-excuse-for-price-gouging--cnrp/

Single brand to strengthen market for fragrant rice

Cambodia must focus on building a single recognisable brand for its premium fragrant rice to strengthen its international marketing efforts, Minister of Commerce Sun Chanthol said yesterday. Cambodia’s Phka Rumduol – a long-grain, aromatic variety of rice – has been awarded the World’s Best Rice ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/single-brand-strengthen-market-fragrant-rice

Coastal developments add new niche to property market

With the recent groundbreaking of the luxury Royal Sands residential project on Koh Rong by a Cambodian conglomerate Royal Group and two major luxury condominium projects being developed on or near the shoreline of Sihanoukville, real-estate agents say a new chapter has begun in the ...

May Kunmakara and Vincent MacIsaac
http://www.khmertimeskh.com/news/19116/coastal-developments-add-new-niche-to-property-market/

VNese firms concern exporting prospects into Cambodian market

In the past years, Vietnamese products had been exported most to Cambodia among countries in the ASEAN but recently they have faced cutthroat competition from the same kinds of products in Cambodia. ...

Thuy Doan
http://www.saigon-gpdaily.com.vn/Business/2016/4/118445/

Cause of market fire found as rebuild starts

The reconstruction of the Stung Treng market, which was destroyed in a massive fire that was sparked in a jewelry shop on April 7, started yesterday, according to provincial officials. ...

Mom Kunthear
http://www.khmertimeskh.com/news/23974/cause-of-market-fire-found-as-rebuild-starts/

City hall pulls plug on market fee collector

Phnom Penh City Hall plans to replace the controversial contractor in charge of collecting parking and stall fees from markets around the city, according to a letter from the Council of Ministers posted on social media yesterday. ...

Mech Dara
http://www.phnompenhpost.com/national/city-hall-pulls-plug-market-fee-collector

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