Office space demand up slightly in Q4 2013
Demand for office space in Phnom Penh in the fourth quarter of 2013 grew by five per cent over the previous quarter, according to research by local property services provider VTrust Property Company. VTrust deputy director Chrek Soknim said that growth in Q4 of last year ...
Sum Manet
http://www.phnompenhpost.com/real-estate/office-space-demand-slightly-q4-2013
PPWSA makes pitch to investors before IPO
Trading on the Cambodian Securities Exchange should begin at the end of March as the Kingdom’s first stock, Phnom Penh Water Supply Authority, prepares to consult and share information with potential investors this week. The company would host a “roadshow” for investors in anticipation of its ...
Another power deal for senator
The opposition has raised conflict-of-interest concerns over another agreement headed to the National Assembly today guaranteeing the government will buy electricity from a power plant to be constructed by a company owned by ruling party Senator Lao Meng Khin. However, it was unclear yesterday whether the ...
Kingdom relieved after US internet law fails to pass
The postponement of two US internet piracy bills last week was met with relief by human rights and media experts in Cambodia, who say the overreaching grasp of the proposed legislation would hinder the internet’s progress and growth in the Kingdom. The US House of Representative’s ...
In Need of Power, Phnom Penh Blacks Out
Rolling blackouts that plagued Phnom Penh this week were the result of the city’s power supply being unable to meet demand as the country moves into the hot season, officials at state-owned Electricite du Cambodge (EdC) said on Friday. Power Outages rolled over the city this ...
Obtain quality certification, rubber industry owners told
The Ministry of Agriculture, Forestry and Fisheries has called on rubber industry owners to obtain quality certification for their product to boost rubber prices. The ministry’s director of the Department of Administration and Legislation under the ministry’s General Directorate of Rubber Khuon Phalla spoke to ...
Thou Vireak
https://www.phnompenhpost.com/business/obtain-quality-certification-rubber-industry-owners-told
Future Telecommunications Regulator Will Face Challenges
A lack of proper regulations, unrealistic market data and a constant stream of disputes between Cambodia’s mobile operators will likely hinder the country’s future telecommunications regulator from effectively governing the sector, according to a leading research firm. Without the enactment of telecommunications law, which is currently ...
Cost pressure squeezes Asian growth
I attended a meeting in Chengdu, Sichuan Province last week. The most frequent word mentioned by local officials and scholars there was “industry.” They are very proud that the number of local jobs created in Sichuan has now surpassed the number of workers leaving to ...
Alliance an advocate for industry
The executive committee of the Alliance of Rice Producers and Exporters of Cambodia, ARPEC, decided earlier this month to set up a commercial arm to help members get financing for a variety of rice-related activities. According to ARPEC secretary-general Hun Lak and deputy secretary-general David Van, ...
http://www.phnompenhpost.com/index.php/Special-Reports/alliance-an-advocate-for-industry.html
Rampant Smuggling Hurts Cigarette Industry
An increase in the amount of cigarettes smuggled into Cambodia has forced the country’s largest cigarette manufacturer to scale down production by nearly half, leaving local tobacco farmers with little choice than to sell their crop at a reduced price to Vietnam. According to Tola Ponlu, ...
Cambodia Hosts 44th ASEAN Economic Minister Meeting
The 44th economic ministers (AEM) meeting and related meetings will be held from 25 August-1 September, 2012 in Siem Reap province. The ministers will focus on the economic community in 2015 and boost economic council to move forward because this community is going smoother than other two ...
Macau To Cambodia Route ‘In Negotiation’
A new air route may connect Macau and Cambodia this year, a move industry experts say would reduce travel costs in the region and reflects tourist interests in both destinations’ gambling industries. Several airlines are in contact with CAM, Macau International Airport Co, “seeking to launch ...
http://www.phnompenhpost.com/2013050865475/Business/macau-to-cambodia-route-in-negotiation.html
‘Thinnest’ smartphone is set for debut in Cambodia
Two days after Huawei introduced the world’s thinnest smartphone in London and Singapore, the Cambodian representative office of the China-based company announced that the sleek device would be sold in the Kingdom in July. While the Chinese telecom giant hopes to increase its market share of ...
EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice
The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...
Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice
Textbooks arriving COD, NGOs claim
School textbooks paid for by the Asian Development Bank have been routed to district education offices, some of which are charging schools for books that are supposed to be free, an NGO investigation has found. The textbooks on Khmer literature, maths, geography, morality and science were ...
Chhay Channyda
http://www.phnompenhpost.com/national/textbooks-arriving-cod-ngos-claim
Software giant targets piracy
Microsoft Cambodia has appointed Thakral Cambodia Industries Limited as its second authorised software distributor in the country, a move intended to help the computer giant’s local operation combat the rampant use of pirated software. Thakral, one of the largest distributors of IT products in Cambodia (its ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/software-giant-targets-piracy
Taxi Drivers Hold Rally Against Electric Cars
Motorcycle-taxi and tuk-tuk drivers led a motorized rally of about a thousand people through Siem Reap City on Wednesday to call for lower petrol prices and a ban on the use of electric cars in the Angkor Archaeological Park. The rally, organized by the Phnom Penh-based ...
Mech Dara
http://www.cambodiadaily.com/news/taxi-drivers-hold-rally-against-electric-cars-49857/
Mixed reaction to coal-fired plant
Cambodia’s first coal-fired power plant, which is expected to fill shortages in demand by producing an additional 100 megawatts of electricity every year, commenced full-time operations yesterday. Representatives from Malaysian company Leader Universal Ltd (LU), which built the plant, joined Prime Minister Hun Sen and ...
Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/mixed-reaction-coal-fired-plant
Grand Twins sets listing date
Taiwanese garment manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange (CSX) on May 8 after spending several weeks whipping up interest from local investors, whose appetite remains on the low side so far. Stanley Shen, a spokesman ...
Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-sets-listing-date
CLRA makes call to raise more pigs
The Cambodia Livestock Raisers Association (CLRA) has called on locals to increase pig production to curb imports as pork prices and demand rise. Its director Srun Poav said pig farming in the Kingdom remains relatively limited following the outbreak of African swine fever (ASF) last ...
Hin Pisei
https://www.phnompenhpost.com/business/clra-makes-call-raise-more-pigs