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Angkor-Manulife Community Park project launches with over 10,000 saplings planted

In collaboration with Manulife Cambodia, the APSARA Authority has launched the “Angkor-Manulife Community Park” project, aiming to plant over 10,000 saplings in a 5.5-hectare area in Angkor Park. ...

Khmer Times Staff
https://www.khmertimeskh.com/501426374/angkor-manulife-community-park-project-launches-with-over-10000-saplings-planted/

Mekong basin countries target double-digit tourism growth

Five Southeast Asian countries, Cambodia, Laos, Myanmar, Thailand and Viet Nam, are targeting a double-digit growth rate of international visitors annually by 2015 under the theme “Five Countries – One Destination”, according to Hoang Tuan Anh, Viet Nam’s Minister of Culture, Sport and Tourism. In a ...

VietNamNet Bridge Staff
http://english.vietnamnet.vn/fms/travel/84268/mekong-basin-countries-target-double-digit-tourism-growth.html

ODC 2022 annual staff reflection workshop

Open Development Cambodia (ODC) is once again excited to organize the Annual Staff Reflection Workshop 2022 in Preah Sihanouk province from 09 – 11 December 2022. Surprisingly, the 9th Sea Festival was held on the same date under the theme “Bay of Peace, Bay of ...

Overflight fees set to increase

Cambodia may raise fees for planes moving through the Kingdom’s airspace after granting Cambodia Air Traffic Services Company permission to increase the fees by 5.5 percent. Cambodia’s overflight fees are low, and will remain low, compared to other countries in the region, Soy Sokhan, undersecretary ...

http://www.phnompenhpost.com/index.php/2011082951326/Business/overflight-fees-set-to-increase.html

First hedging deal transacted

ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...

Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted

Swine imports spell the end of good fortune for farmers

Three years ago, the high prices for pig livestock inspired Chhoeurng Sarun and many other villagers in Svay Rieng province, near the Vietnam border, to go into small-scale farming. Imports coming over from the Vietnamese and Thai borders flooded the market, and prices fell. Srun ...

http://www.phnompenhpost.com/business/swine-imports-spell-end-good-fortune-farmers

First half sees values spike for prime residential areas

Property prices in Phnom Penh’s prime residential locations increased by 13.7 per cent in the first half of 2014, while prime office development land prices increased by 7.6 per cent, according to Knight Frank Prime Asia Development Land Indices. Ross Wheble, the independent global property consultancy’s ...

Sum Manet
http://phnompenhpost.com/real-estate/first-half-sees-values-spike-prime-residential-areas

Costs thwart potential exports

Following Cambodia’s loss of a hefty Filipino rice tender to Vietnam last week, industry insiders say logistics and production costs are hampering the competitiveness of the Kingdom’s rice exports. Cambodia lost a 100,000-tonne tender for the fourth time running after its final price of $455.50 per ...

Charles Rollet
http://www.phnompenhpost.com/business/costs-thwart-potential-exports

Water Protests Continue After Failed Talks

Protests continued in Prey Veng City yesterday for the second day as more than 1000 residents demonstrated in front of the provincial offices over increases to water prices instituted by a private company that recently took over the city’s water supply, residents said. The Kim ...

The week at the CSX August 2-8

The price of Phnom Penh Water Supply Authority stock from the period of August 2 to 8 remained very stable at KHR6,500 for most of the week after a slight increase from KHR6,400 (US$1.57) to KHR6,500 (US$1.6) on August 3. Trading volumes overall were lower ...

Cambodia's only stock plummets, shares sold off

In another record-breaking low point, shares of the Phnom Penh Water Supply Authority dipped under 5,000 riel by market’s close yesterday, while one investor sold off some 25,000 shares. The price drop came amid heightened tensions in Phnom Penh. Opposition Cambodia National Rescue Party lawmakers followed ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-only-stock-plummets-shares-sold

Council of Ministers Nullifies Telecom Law

The Council of Ministers has nullified a 2009 law that set minimum prices on telephone calls, paving the way for regulators to reset the country’s telecommunications prices, which industry executives say are too high. The law, Prakas 232, which has been widely flouted, set a minimum ...

Hul Reaksmey and Joshua Wilwohl -
http://www.cambodiadaily.com/business/council-of-ministers-nullifies-telecom-law-49573/

Cambodia-Vietnam trade volume inches closer to $10 billion in 2021

Cambodia-Vietnam trade volume touched $9.3 billion last year—a rise of 75 per cent compared to 2020 figures—despite the impact of the pandemic. ...

Khmer Times Staff
https://www.khmertimeskh.com/501015577/cambodia-vietnam-trade-volume-inches-closer-to-10-billion-in-2021/

Over 10 Phnom Penh condos, hotels raided over trafficking, online ‘services’

Hundreds of foreign nationals have been removed from Phnom Penh compounds as police acknowledged detention, torture, extortion and human trafficking in several arrests. ...

Mech Dara
https://vodenglish.news/over-10-phnom-penh-condos-hotels-raided-over-trafficking-online-services/

Japan donates 10 rubbish trucks to ministry for use in 11 towns, districts

The government of Japan has donated 10 new bin lorries to the Ministry of Environment, which has added an additional five trucks. The fifteen sanitation support vehicles will be distributed to several provinces in order to expand waste collection services. ...

Lay Samean
https://www.phnompenhpost.com/national/japan-donates-10-rubbish-trucks-ministry-use-11-towns-districts

ADB and Cambodia Post Bank sign $10m loan for MSMEs

The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MSMEs) by increasing access to finance, with at least half earmarked for women. ...

Marissa Carruthers
https://kiripost.com/stories/adb-and-cambodia-post-bank-sign-10m-loan-for-msmes

Cambodia’s export to other RCEP members sharply up in 10 months

Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501402629/cambodias-export-to-other-rcep-members-sharply-up-in-10-months/

Parallel imports in Cambodia

Parallel imports—that is, genuine, noncounterfeit products imported into a country without permission of the intellectual property owner—are a systemic problem in Cambodia. Imported from neighboring countries without the authorization of legitimate manufacturers, parallel imports are sold on the “grey market” at prices which can be ...

Tilleke & Gibbins
http://www.lexology.com/library/detail.aspx?g=817150f3-c0b7-4053-a49b-dbb1ec51354c

Rent control law being ignored

The government is failing to enforce, or even make landlords and tenants aware of, the new rent-control law, even as rents begin to creep up in anticipation of garment workers receiving their annual wage raise next month, labour advocates say.The legislation, which went into effect ...

Cheng Sokhorng
http://www.phnompenhpost.com/national/rent-control-law-being-ignored

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