Locals Pay Almost Double for iPhone Amid High Demand
Cambodian customers eager to buy Apple Inc.’s newest iPhone are paying almost double the company’s asking price in the U.S., phone vendors in Phnom Penh said yesterday. At about a dozen phone shops near Phnom Penh’s Central Market, vendors were doing a steady trade in the ...
Cambodian rice millers to boost exports
Rice millers and exporters are optimistic that they will see an increase in exports this year after they received higher orders toward the end of 2012, producers said yesterday. Toch Tepech, president of the Svay Rieng Rice Millers Association, told the Post he had exported over ...
Slow is good: The real estate market’s slower current growth is better in the long run, experts say
While the Cambodian real estate market has still not fully recovered from its steep decline during the 2008-2009 economic crisis, its slower but steady growth is more sustainable than the rapid ascent seen in the years leading up to the fall, experts say. although growth ...
More Investment Needed To Process Crops
Prime Minister Hun Sen yesterday said more investment in agriculture was needed to ensure that Cambodia can process its crops and add value to agricultural produce being exported abroad. Speaking at the inauguration of a new cargo port in Kandal province, Mr. Hun Sen said there was an ...
New provider CooTel launches in Kingdom
Telecommunications company Xinwei (Cambodia) Telecom Co Ltd, operating under the CooTel brand, officially launched in Cambodia yesterday, being the first operator to offer 4G technology in the country, a company statement released yesterday said. “CooTel strongly believes it will be successful in entering the Cambodian market ...
Post Staff, P.8
http://www.phnompenhpost.com
Cambodia to rear prawns in ‘third water’
Cambodian farmers will open three prawn farms this summer in the mountain region using Japanese technique of ‘third water’ for creating artificial river and seawater The artificial water is a blend of fresh water and a carefully measured mix of minerals, including salts of sodium, potassium ...
Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/index.php?option=com_content&view=article&id=3463:cambodia-to-rear-prawns-in-third-water&catid=1080&Itemid=97
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
Stock Trading to Start Next Month With Water Authority IPO
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...
In Cambodia, Project Alba helps farmers increase income, protect against seed raiders
In parts of rural Cambodia, farmers’ primary source of income comes from harvesting rice — once a year. This is a poor outcome compared to other ASEAN countries which harvest twice or thrice a year. To help increase farmers’ income, Victor Combal-Weiss and Guillaume Virag founded ...
The Week at the CSX - Sept 12-19, 2012
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 ...
Productivity Could Increase if Manufacturers Feed Workers
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 ...
Developer Plans Housing On Former Airport Site
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 With Indonesia up but Logistics a Hurdle
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 ...
George Styllis
http://www.cambodiadaily.com/business/trade-with-indonesia-up-but-logistics-a-hurdle-46146/
Local production still lagging
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 ...
Hor Kimsay
http://www.phnompenhpost.com/business/local-production-still-lagging
Civil Servants Urged to Strike for Higher Pay
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, ...
Phorn Bopha
http://www.cambodiadaily.com/news/civil-servants-urged-to-strike-for-higher-pay-50388/
Cambodia-made car causes shocks to Vietnam’s auto industry
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 ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/96716/cambodia-made-car-causes-shocks-to-vietnam-s-auto-industry.html
Tobacco tax increase likely
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 ...
http://www.phnompenhpost.com/index.php/2012091858767/National-news/tobacco-tax-increase-likely.html
Speculation fears over location of new ring road
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 ...
Jason Boken
https://www.khmertimeskh.com/50775152/speculation-fears-over-location-of-new-ring-road/
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
Trading Floor Silent Two Years After CSX Launch
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 ...
Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/