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
Local mango planters can still depend on EU market: Exporter
Despite the failure to export to China and South Korea local planters can expect a boost in the exportation of fresh mangoes to the European Union (EU) provided they have quality products, said an exporter yesterday. ...
Chea Vannak
https://www.khmertimeskh.com/50519681/local-mango-planters-can-still-depend-on-eu-market-exporter/
ASEAN still a tough market for rice exports despite AEC
Cambodian rice exports are finding new markets and rising demand in ASEAN this year, but officials and exporters are not linking this to the ASEAN Economic Community (AEC), saying it was too early to tell what impact the regional trade bloc – which took effect ...
Sum Manet
http://www.khmertimeskh.com/news/21156/asean-still-a-tough-market-for-rice-exports-despite-aec/
CAIF hopes to put a dent in used auto market
The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately ...
Kali Kotoski
http://www.phnompenhpost.com/business/caif-hopes-put-dent-used-auto-market
Trade officials aim for bigger bite of China’s market
Cambodian trade officials are urging their Chinese counterparts to boost imports of Cambodian rubber, cassava, sugar and pepper to narrow the trade imbalance between the two countries, officials said after a meeting last week. ...
Sum Manet
http://www.khmertimeskh.com/news/21100/trade-officials-aim-for-bigger-bite-of-china---s-market/
BRED bank to carve out a niche in the market
Bred Banque Populaire – part of the second-largest banking group in France – officially launched operations in Cambodia yesterday after a ribbon-cutting ceremony at its headquarters, marking the first venture of a European bank in the Kingdom since the late 1990s. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bred-bank-carve-out-niche-market
Low-skilled workers left behind as job markets go online
Despite recent growth in online job postings, low-skilled workers in Cambodia are largely being omitted from the shifting market, leaving them with few avenues to find opportunities around the country, industry experts said. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/low-skilled-workers-left-behind-as-job-markets-go-online-130368/
Top Papua New Guinea bank to enter local asset market
Bank South Pacific (BSP), Papua New Guinea’s largest bank, signed a joint venture deal with RMA Cambodia to enter the Cambodian asset finance market, according to a media report yesterday. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/top-papua-new-guinea-bank-enter-local-asset-market
Ministry rebuts reports of Chinese money laundering through property market
The spokesman for the Ministry of Foreign Affairs hit back at news reports about Chinese investors laundering their money through Cambodia’s real estate market on Monday, calling them “baseless”. ...
Ben Sokhean
http://www.phnompenhpost.com/national/ministry-rebuts-reports-chinese-money-laundering-through-property-market