Opportune time to tap growing Chinese market in Sihanoukville
Following the steady rise of tourism in Sihanoukville, property development in the coastal town is heavily targeting the nonstop influx of Chinese flocking to the area.Although Sihanoukville has, in recent times, been synonymous with a growing number of Chinese tourists, currently it is going through ...
Vandy Muong
http://www.phnompenhpost.com/post-property/opportune-time-tap-growing-chinese-market-sihanoukville
Illegal imports hogging local market for pigs, say farmers
Cambodian pig farmers are facing a mounting crisis as the price of pigs has continued to plummet, with many blaming local officials for allowing Vietnam to illegally import pigs across the border, representatives from a farmers association said at a press conference yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/illegal-imports-hogging-local-market-pigs-say-farmers
New centre for agricultural research to help expand markets
China-based Digital Agriculture Exchange has revealed plans to build an agricultural research centre in the kingdom to improve production and packaging standards of local fruit and vegetables. Officially dubbed a “multifunctional centre”, its aim is to up quality standards to make Cambodian produce more desirable abroad, ...
Chea Vannak
http://www.khmertimeskh.com/50102796/new-centre-for-agricultural-research-to-help-expand-markets/
Should Minimum Wage Be Market Driven or Government-Dictated?
Manufacturers and unions aligned with the ruling CPP yesterday said the current labor shortage inside the garment industry would act as an incentive for employers to increase salaries, and that there was no need for the government to impose a new minimum wage. During a meeting ...
China seen as potential market for Cambodia’s exports
The Commerce Minister said yesterday that China is a potential market for Cambodia’s garment exports and some other agricultural products while the traditional big markets of Europe and the United States are experiencing an economic slowdown. Cham Prasidh said at the sidelines of the Cambodia-China Trade ...
Cambodia eyes to become region's prominent gems, jewelry market
Cambodia has eyed to become a precious stone and jewelry hub in Southeast Asia region in the near future, Minister of Commerce Cham Prasidh said Thursday. Speaking at the opening of the 5th international gems and jewelry fair here, the minister said that with the fast ...
http://news.xinhuanet.com/english/business/2013-06/13/c_132452793.htm
Traditionally Pro-CPP Media See New Market With CNRP
In the prelude to and direct aftermath of July’s national election, local Khmer-language media largely ignored the opposition’s growing street rallies and demonstrations. But during the three days of protests last week, the CNRP was front-page news in all of the major Khmer-language newspapers. Broadcast media also ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/traditionally-pro-cpp-media-see-new-market-with-cnrp-45998/
Exports expand: HK the new market for organic rice
In a first for the Kingdom’s organic rice, the Cambodian Center for Study and Development in Agriculture (CEDAC), successfully exported its produce to Hong Kong earlier this month, the organisation’s top official confirmed yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/exports-expand-hk-new-market-organic-rice
Parliament ‘not a fish market,’ CPP assembly spokesman says
National Assembly spokesman Chheang Vun on Tuesday defended the prohibition of a press conference on border issues planned by opposition CNRP lawmakers by saying the parliament is “not a fish market.” ...
Kuch Naren and Alex Willemyns
https://www.cambodiadaily.com/news/parliament-not-a-fish-market-cpp-assembly-spokesman-says-86329/
Future condo supply to impact the serviced apartment market
In the first half of 2015, the supply of serviced apartments saw an increase of 14 per cent when compared to the same period last year while rental prices remained stable. According to a recent report from CBRE Cambodia, a total of additional 349 serviced apartment ...
Siv Meng and Rebecca Heliot
http://www.phnompenhpost.com/real-estate/future-condo-supply-impact-serviced-apartment-market
Market likely to peak by year end, analysts say
Although land prices have been cooling throughout Asean, Cambodia remains an exception – but that is not expected to last much longer, analysts say. ...
Igor Kossov
http://www.khmertimeskh.com/news/15020/market-likely-to-peak-by-year-end--analysts-say/
Cambodia's 2nd largest port reports 16 pct rise in shipments last year
Cargo shipments entering and leaving Cambodia through the Phnom Penh Autonomous Port rose by 16 percent in 2013 thanks to better economic situation, according to a port’s data on Friday. The kingdom’s 2nd largest port received 110,500 twenty-foot-equivalent units, or TEUs (standard-sized containers), last year, up ...
Global Times News Staff
http://www.globaltimes.cn/content/839204.shtml#.UuYAYRD-LIU
China pledges to buy 100,000 tons of rice from Cambodia
A Chinese company is preparing a memorandum of understanding with Ministry of Commerce (MOC) pledging to buy 100,000 tons of rice from Cambodia, according to Sun Chanthol, Minister of Commerce. The intention was made clear during a meeting between the Minister of Commerce and Song Xiaoguo, ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTA3MzBlMTE0MTY
Oil prices hit all-time high in Cambodia
Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm
Government promotes clean cities in Cambodia
Tourism officials have launched a new initiative called the Eco-Club designed to promote environmental awareness and improve the image of Cambodian cities through better management and disposal of plastic bags. The program aims to recruit Cambodian youth to spread the word and educate the broader community ...
http://www.phnompenhpost.com/Business/government-promotes-clean-cities-in-cambodia.html
Cambodia Real Estate Could Benefit From QE3
Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...
http://online.wsj.com/article/SB10001424127887323894704578106160673901682.html?mod=googlenews_wsj
Cambodia's e-commerce struggles amid potential
It was only in July this year when German-owned internet start-up incubator Rocket Internet launched shop.com.kh in Cambodia, an online retail store selling electronics such as mobile phones, laptops and tablets. Rocket Internet Cambodia co-founder Karl Seilern told the Post in July that the country’s growth ...
Managers Taught How to Spot Underage Labor
Staff at eight factories producing footwear for Japanese sportswear brand ASICS were trained Tuesday in how to make sure they are not employing child laborers, a company representative said. ASICS corporate staff have been in Cambodia this week in a bid to overcome the negative publicity ...
http://www.cambodiadaily.com/news/managers-taught-how-to-spot-underage-labor-34211/
All markets in Phnom Penh to stay shut, including irregular markets from today to May 14
The Phnom Penh Capital Administration last night made known a decision on the temporary suspension of all state markets and irregular markets in Phnom Penh for midnight today to midnight 14 May. ...
Khmer Times Staff
https://www.khmertimeskh.com/50852926/all-markets-in-phnom-penh-to-stay-shut-including-irregular-markets-from-today-to-may-14/
Boost For Animal Healthcare
Cambodia’s promising animal feed sector will soon see support from a big pharmaceutical manufacturer which is now studying local demand for animal healthcare – a nearly untapped market. “We intend to introduce animal health business in Cambodia for our farm products and feed mills,” Khalid Baig, ...
http://www.phnompenhpost.com/2013051365566/Business/boost-for-animal-healthcare.html