Cambodia and Japan sign nearly $10 million grant aid
An exchange of notes concerning the provision of Japan’s grant aid at the amount of JPY 1,338,000,000 or approximately $9.7 million was signed here yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501382696/cambodia-and-japan-sign-nearly-10-million-grant-aid/
$27 mil to help rice sector
In an effort to appease rice farmers and stimulate rice millers to purchase fragrant rice currently being harvested across the country, the government announced that it had found $27 million to pay for emergency measures. The Ministry of Economy and Finance released a statement on Friday ...
Sok Chan
http://www.khmertimeskh.com/news/29875/-27-mil-to-help-rice-sector/
Rice millers can now get $20 mil
Rice millers in the country will now be able to access the government’s promised emergency loan of $20 million to purchase paddy rice from farmers in a bid to prevent rice prices from falling further, the Rural Development Bank (RDB) announced yesterday. Rural Development Bank CEO ...
Sok Chan
http://www.khmertimeskh.com/news/29939/rice-millers--can-now--get--20-mil/
Growth Of Telephone Sub-Scribers Benefit From Population's Income
After reforms instituted in 2011, the price of international phone calls dropped subsequently. In 2011, the price cost fell from 2.76 cent in 1997 to 0.25 cent per minute for mobile phone and desk phone cost about 2.56 cent in 1997 to 0.25 cent in 2010, and 2011 respectively, the report from the ...
CSX: Six months down the line
Trading on the Cambodian Securities Exchange remained low yesterday, which also marked six months of operation for the bourse. An official said this is due to a lack of public awareness and listed companies. Ming Bankosal, General Director of the CSX, said that as listed companies ...
http://www.phnompenhpost.com/index.php/2012101959319/Business/csx-six-months-down-the-line.html
Trading Floor Silent Two Years After CSX Launch
It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...
Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/
Rice millers reined in
The Ministry of Agriculture has taken action to prevent millers from purchasing paddy rice at below market price from farmers, currently struggling to produce enough marketable rice crop to make ends meet. The ministry, in a statement issued on Monday, ordered all provincial agricultural departments to ...
Chea Vannak
http://www.khmertimeskh.com/news/29694/rice-millers-reined-in/
Agricultural commodities, processing and products
Farmers harvest corn from their farms, Cambodia. Photo by World Bank/Chhor Sokunthea, taken on 17 July 2013. Licensed under CC BY-NC-ND 2.0Key agricultural commodities and products include rice, rubber, corn (maize), vegetables and fruit, and cassava (tapioca). More than 90 percent of Cambodia’s agricultural exports ...
Foreign investment brings Cambodia growth, new issues
Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Cassava production dropped in 2012
The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. Officials blamed an unstable price during the previous season (from April to April) for the drop. According ...
http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html
Crocodile Farmers Plagued by Volatile Market
Crocodile farmers are feeling the pinch after a year of volatile crocodile prices and market demand. Despite the spike in crocodile prices late last year – which followed on the heels of worrying lows between 2005 and 2007 – demand for the live exports of ...
Coffee beans are on the boil
Coffee plantations in Cambodia’s northeast are struggling to keep up with rising international demand for the increasingly lucrative beans, farmers and traders said. Orders for Cambodian-grown coffee beans from countries such as Japan and Korea as well as domestic demand has increased rapidly, while prices have ...
http://www.phnompenhpost.com/index.php/2011072950714/Business/coffee-beans-are-on-the-boil.html
Southwest border flooded with contraband
The southwestern areas along the Vietnam – Cambodia border are now in their usual busy time of the year, with smuggled goods entering the country with near impunity. Most of the markets in the Mekong Delta are flooded with various contraband products, mostly brought from China ...
http://tuoitrenews.vn/cmlink/tuoitrenews/business/southwest-border-flooded-with-contraband-1.97203
Farmers hope for rubber fix
Cambodia’s small rubber farmers are hoping a commitment to stabilise prices among rubber producing countries will help curb sliding profits in the sector. Industry representatives from Thailand, Indonesia, Vietnam, Malaysia, Cambodia and other rubber producing countries met in Malaysia last week to discuss what can be ...
Hor Kimsay and Daniel de Carteret
http://phnompenhpost.com/business/farmers-hope-rubber-fix
Prime Minister appeals to rice millers not to lower paddy prices
Prime Minister Hun Sen on Wednesday appealed to rice millers and paddy buyers not to lower prices and to secure better rates for farmers facing difficulties in the early harvest season. The Cambodian Rice Federation (CRF) said the low prices were due to an influx ...
Thou Vireak
https://www.phnompenhpost.com/business/prime-minister-appeals-rice-millers-not-lower-paddy-prices
Closed Vietnam borders drive down prices of rice on domestic markets
Farmers in provinces bordering Vietnam are complaining about a drop in the price of rice in domestic markets due to an inability to export to Vietnam because of the closed border, leaving too much supply in Cambodia and not enough demand. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/closed-vietnam-borders-drive-down-prices-rice-domestic-markets
Announcement no. 1020 on adding price tags to all products and services
In line with the guidance of Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, during the morning of March 16, 2023, he suggested “Ministry of Commerce and Ministry of Tourism should work together to ensure price tags are ...
Ministry of Commerce
10,000 workers fail to return to Phnom Penh after KNY
About 10,000 garment workers who visited their home provinces during the Khmer New Year failed to return to Phnom Penh for fear of being quarantined, with some of them resorting to farming, an official said. ...
Sen David
https://www.khmertimeskh.com/50717706/10000-workers-fail-to-return-to-phnom-penh-after-kny/
Cambodia’s total public debt stands at $10.72 billion as of September
The Cambodian government had a total public debt of $10.72 billion as of September 2023, according to the Cambodia Public Debt Statistical Bulletin released by the Ministry of Economy and Finance on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501404146/cambodias-total-public-debt-stands-at-10-72-billion-as-of-september/