Asean property markets beckon investors
Aliwassa Pathnadabutr, managing director of property consultant CBRE Thailand, said prime residential property for rent in the Cambodian capital has posted the highest yield among all sectors at 8% per year. Selling prices remain relatively low, but rents are high. ...
Kanana Katharangsiporn
http://www.bangkokpost.com/business/news/1124901/asean-property-markets-beckon-investors
Bus firms agree to not hike rates on the eve of Khmer New Year
Twenty-nine bus companies have agreed not to raise ticket prices on the eve of the upcoming Khmer New Year holiday after a meeting with officials from the Ministry of Public Works and Transport yesterday morning. ...
Sen David
http://www.phnompenhpost.com/national/bus-firms-agree-not-hike-rates-eve-khmer-new-year
AMRO forsees stable growth ahead
Cambodia’s economic growth is expected to remain stable this year with inflation rising slightly on increases in the costs of global fuel and food prices, the Asean+3 Macroeconomic Research Office (AMRO) concluded following its annual consultation visit to the Kingdom. ...
Kali Kotoski
http://www.phnompenhpost.com/business/amro-forsees-stable-growth-ahead
Cambodia's first IPO nears
Cambodia’s first initial public offering is fast approaching, and demand is expected to be robust. Bookbuilding, the process during which bids are taken and a price set for shares, ended last Wednesday for Phnom Penh Water Supply Authority (PPWSA). The final offering price will be announced ...
http://www.bangkokpost.com/business/economics/284959/cambodia-first-ipo-nears
Bourse May Have 7 Trading Sessions Daily
Officials at the Cambodian Securities Exchange (CSX) may increase the number of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...
Two factories hope to list on CSX
The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...
http://www.phnompenhpost.com/index.php/2012091958787/Business/two-factories-hope-to-list-on-csx.html
Shift in CNRP's political strategy to win elections
The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...
Broken rice from Cambodia affects export
Exports of milled rice had fallen dramatically last year because of the poor quality of paddy rice, insiders said yesterday. Milled-rice producers told the Post that a large amount of paddy rice broke. From every 100 kilograms of paddy rice, 20 to 23 kilograms of milled rice ...
http://www.phnompenhpost.com/2013010960686/Business/broken-rice-from-cambodia-affects-export.html
Cambodia explores carbon
Prices in the global carbon market are too low to provide an incentive for Cambodian businesses to engage in carbon offset schemes, but there are other options for businesses to gain funds for emission reduction, industry experts say. Speaking on the sidelines of a two-day educational ...
http://www.phnompenhpost.com/2013061166181/Business/cambodia-explores-carbon.html
Inflation Rate at 4.2% to October
Cambodia’s inflation rate increased by 4.2 percent in the 12-month period to October, with food prices accounting for more than half of the rate, according to data released Monday by the National Institute of Statistics. The monthly inflation rate grew from 3.4 percent in August to ...
Hul Reaksmey
http://www.cambodiadaily.com/business/inflation-rate-at-4-2-to-october-48977/
Grand Twins again delays bourse listing
Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...
Hul Reaksmey
http://www.cambodiadaily.com/business/grand-twins-again-delays-bourse-listing-59958/
‘Cartel’ let off hook by ministry
The Agriculture Ministry last week accused slaughterhouses across Cambodia of conspiring to form a cartel and engaging in price fixing while local authorities turned a blind eye, but has since said it has no plans to punish or even name the alleged perpetrators. ...
Hor Kimsay
https://www.phnompenhpost.com/business/cartel-let-hook-ministry
Hun Sen laments impact of foreign competition in rice sector
Cambodia’s rice industry faces a plethora of challenges—both internal and external—that have led to low prices and prevented exporters from achieving a lofty tonnage target set by the government in 2010, Prime Minister Hun Sen said on Monday. ...
Kang Sothear and Anthony Jensen
https://www.cambodiadaily.com/news/hun-sen-laments-impact-of-foreign-competition-in-rice-sector-106387/
Port begins roadshow for IPO with cautious optimism
PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked. ...
Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/
CNRP talks mass protests after Sokha conviction
Opposition leaders on Sunday called on supporters to consider mass demonstrations after the conviction on Friday of CNRP Vice President Kem Sokha, while a government spokesman warned that those who attempted to heed the call to action would pay a “very high price.” ...
Khuon Narim and George Wright
https://www.cambodiadaily.com/second/cnrp-talks-mass-protests-sokha-conviction-117862/
Vietnam to scoop up more Cambodian cashews
Vietnam, a major buyer of the Cambodian cashew nut, has unveiled a plan to purchase cashews in even greater volumes during next year’s harvest season, giving hope to farmers who rely on selling their crops at good prices from February through May. ...
Hor Kimsay
http://www.phnompenhpost.com/business/vietnam-scoop-more-cambodian-cashews
Economy still on track: World Bank
Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. ...
Kali Kotoski
http://www.phnompenhpost.com/business/economy-still-track-world-bank
White Building company in the red
The government revealed yesterday that Japanese company Arakawa, which is in charge of developing the White Building, does not have enough funds to cover both the $70-$80 million construction price tag and the buyouts for residents who want to sell their apartments. ...
Pech Sotheary
http://www.khmertimeskh.com/news/33461/white-building-company-in-the-red/
Tourism as usual at Angkor Wat despite steeper fees
The steep increase in Angkor Wat ticket prices on February 1 did not discourage tourists from visiting the country’s chief tourist draw, as some feared, but it also did not reap any significant material gains for the government coffers, new data shows. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-usual-angkor-wat-despite-steeper-fees
A road paved with promise
Land prices along one of Cambodia’s main highways have seen a slight increase in the first half of 2017, thanks to road improvements and residential developments, insiders say. ...
Sum Manet
http://www.khmertimeskh.com/5073593/road-paved-promise/