The price of Phnom Penh Water Supply Authority stock over the Sept 12-19 period remained very stable, falling early on from KHR 6,350 (US $1.57) to KHR 6,300 (US $1.56) where it stayed. Trading volumes over the five days varied from around 4200 to 13,600 ...

More than 60 percent of garment factory owners believe that the productivity of their workers could increase if nutrition levels improved and over half would be willing to provide meals for their workers as long as it came at the right price, according to a ...

The Overseas Cambodia Investment Corporation (OCIC) is planning to develop a 400-unit apartment complex on the former site of the Ratanakkiri provincial airport, an official with knowledge of the project said yesterday. Ly Teang, Banlung City branch manager for Canadia Bank, whore investors are the ...

Trade and tourism between Indonesia and Cambodia is growing but the two countries can still increase cooperation in those fields, according to participants in the 7th Indonesian Trade and Tourism Promotion exhibition on Phnom Penh’s Koh Pich on Sunday. The sale of Indonesian pharmaceuticals, food products ...

As the cost of imports rise, local producers could see an opportunity to increase their market share, but for most a lack of output and quality means potential is limited, industry observers said yesterday. Customs officers who had often undercut the official rate are now ...

A group representing public-sector workers has called on the country’s civil servants to follow in the footsteps of teachers and begin a peaceful strike to demand higher salaries. A statement disseminated Thursday by the Cambodian Independent Civil Servants Association (CICA), which claims to have 1,530 members, ...

Heng, a Cambodian development company, has made a big surprise when introducing its self-modified electric car. The car, named Angkor EV 2014, is created by a local designer, manufactured by Heng Company which has set up a $20 million factory in Kandal province. The car, operated by ...

Increasing the tobacco retail tax — one of the world’s lowest at 10 per cent of unit price for domestically produced cigarettes — would deter smokers and increase government revenue while having minimal effect on tobacco producers, Ayda Yurekli, co-ordinator for the World Health Organization’s ...

The Ministry of Public Works and Transport (MPWT) held consultations to decide the location of National Ring Road 4 around Phnom Penh. Once complete, it is expected to ease traffic and freight transportation. But the location of the project is being kept under wraps to ...

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 ...

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 ...

The Phnom Penh Water Supply Authority (PPWSA) will begin taking bids from investors tomorrow in order to determine the price and number of shares it will issue during its long-awaited initial public offering on Cambodia’s stock exchange, the company’s general director said yesterday. Investors will ...

Rocket Internet, the successful German-based internet copycat, says that despite its interest in Cambodia’s e-commerce market, tax issues in the Kingdom had forced it to “reposition” its projects. In July, the company launched an online retail site, saying it planned to invest millions in the country’s ...

Capital Rice Ltd, Thailand’s third-largest rice exporter, is shifting some of its business to Cambodia as the Thai market shrinks because of government intervention that has diverted grain into state stockpiles or made it too expensive to ship. “We have built a medium-sized milling house in ...

A large majority of Cambodian small and medium-sized enterprises are operating without conducting good market research, say experts in the field, and relying too heavily on informal information and networks. As a result, they are growing slowly and in some cases, falling behind their competitors. Market research involves gathering information about markets and customers. Laurent Notin, ...

After the listing of Taiwanese-owned garment company Grand Twins International (Cambodia) Plc on the Kingdom’s stock exchange was delayed indefinitely, its underwriter said yesterday that the firm hopes to list before the national elections in late July. According to the underwriter, Phnom Penh Securities (PPS) Plc, ...

PHNOM PENH (The Cambodia Herald) — Chinese Tourism companies have warned their citizens visiting Siem Reap province not to buy gifts or souvenirs from vendors for fear of expensive counterfeit products.  A tourist guide in Ankor Wat, Siem Reap said that this happens a lot because ...

A development company with a government concession for a high-end property project on the island of Koh Pos, also known as Snake Island, has announced that it will significantly alter its original plans for the project. The new plan, which must first be submitted for ...

As salt farmers in Kep and Kampot provinces prepare for the upcoming salt season, they have expressed concerns that unstable weather conditions could cause a supply shortage on the growing domestic market. Salt production in Cambodia usually starts in early January and ends in late ...

Droves of seafood sellers descended on the normally sleepy Kep province this past weekend, attempting to capitalise on a tourism festival set up to drive dollars to Cambodia’s coastal areas. But overcrowding and blocked roads pushed prices down and kept customers away, according to vendors. The ...