Red corn production soars to 1.7M tonnes, MAFF says
The red corn production in 2024 increased to nearly 1.7 million tonnes compared to 1.5 million tonnes last year, reported the Ministry of Agriculture, Forestry and Fisheries (MAFF) yesterday. ...
Mom Kunthear
https://www.khmertimeskh.com/501505078/red-corn-production-soars-to-1-7m-tonnes-maff-says/
Casino owner’s woes persist
The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the Gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...
Eddie Morton
http://www.phnompenhpost.com/business/casino-owner%E2%80%99s-woes-persist
Consumer price index climbs on food and fuel
Cambodia’s consumer price index (CPI) increased slightly year-on-year in July by 1.3 per cent, which was driven by increased food and fuel prices, according official data from the National Institute of Statistics (NIS). “The increase for all index groups was 1.3 per cent of inflation in July 2012 ...
Poipet project: Gaming firm starts build on slot hall
Entertainment Gaming Asia Inc, which today will launch its Dreamworld Casino in Pailin, also will break ground on a slot hall project in Poipet, near the Thai border, on Thursday, according to a company statement. ...
Cambodia celebrates success in first-time hosting of SEA Games
Cambodia on Friday celebrated its success in hosting Southeast Asian (SEA) Games for the first time, saying that the biennial multi-sport event has given a boost to the country’s sports, tourism and economy. ...
Khmer Times Staff
https://www.khmertimeskh.com/501394357/cambodia-celebrates-success-in-first-time-hosting-of-sea-games/
Slow outlook for 2012 rice exports
Rapidly increasing logistics costs and low regional rice prices would hinder Cambodia’s rice-export target this year, with one expert saying that milled-rice exports could fall to half of last year’s shipments. The cost of shipping rice to Europe climbed by more than 50 per cent between ...
Mfone’s pricing plan draws controversy
The launch of Mfone’s new unlimited calling plan has drawn criticism from the Ministry of Post and Telecommunications. It is said that the price scheme contravenes Cambodia’s minimum pricing rules introduce in 2009. Hello, another mobile phone provider, has already introduced an unlimited calling plan ...
Cambodian Rice Exports Fall Short of Government Hopes
Cambodia’s rice exports in 2012 may fall significantly compared to last year, due to high fuel prices, soaring logistics costs and high prices. According to local sources, Cambodian rice shipments to Europe this month are at a $200 markup per container over those from Thailand and ...
Naga CEO Lip Keong seeking majority stake
Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong Stock Exchange that would allow him to divest his personal investment of $369 million ...
Post Staff
http://www.phnompenhpost.com/business/naga-ceo-lip-keong-seeking-majority-stake
Chinese leave Sihanoukville en masse following bust
Hotel and casino owners in Sihanoukville claim they have suffered immense losses and risk bankruptcy after Chinese investors, workers and tourists left the coastal city en masse following last month’s police arrest and extradition of 168 Chinese nationals accused of operating a transnational telecom extortion ...
Sor Chandara and Ayanna Runcie
http://www.phnompenhpost.com/business/chinese-leave-sihanoukville-en-masse-following-bust
Food Prices Remain High
Global food prices remained high in August according to the UN’s Food and Agriculture Organisation (FAO) food price index, maintaining the high level achieved last month as corn prices jumped in the US and rice prices increased in Cambodia. With 213 points in August the food ...
http://www.phnompenhpost.com/index.php/2012091158634/Business/food-prices-remain-high.html
Government further cuts water prices for workers
Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen announced here this morning the reduction of the cost of water for factory workers to further help improve their living standard. ...
C.Nika
http://www.akp.gov.kh/?p=108615
Hun Sen defends free market rice pricing in the Kingdom
Prime Minister Hun Sen yesterday defended the Kingdom’s stance in letting the free market determine the price of rice and blasted critics by saying Cambodia is not a communist country. Fluctuations in the price of rice have some farmers calling on the government to set ...
Ben Sokhean
https://www.khmertimeskh.com/50674238/hun-sen-defends-free-market-rice-pricing-in-the-kingdom
High Fuel Prices a Blow to Cambodia’s Covid-hit Tourism Sector
The Cambodian government has lifted all COVID-19 travel restrictions in the hopes of boosting the hard-hit tourism industry, but now businesses say sanctions on Russia and the resulting high energy prices are hampering the sector’s recovery. ...
Sorn Sarath
https://cambojanews.com/high-fuel-prices-a-blow-to-cambodias-covid-hit-tourism-sector/
‘White rice’ price soars amid India suspension
Rice exporters and millers in Cambodia say the price of white rice is soaring after India suspended exports of non-basmati rice in order to address internal food security issues following the falling yield of paddy rice due to climate change. ...
May Kunmakara
https://www.phnompenhpost.com/business/white-rice-price-soars-amid-india-suspension
Red corn prices climb slightly amidst harvest season in Battambang
Red corn prices in Battambang province during the ongoing 2023 harvest season have shown a slight increase compared to the corresponding period last year. However, weather conditions have marginally impacted the quality of red corn kernels this year. ...
Agriculture ministry seeks to stabilize rice producers’ prices
The Ministry of Agriculture, Forestry and Fisheries (MAFF) is exploring mechanisms seeking to stabilize local rice producers’ sale prices in the event of temporary declines caused by market fluctuations. ...
James Whitehead
https://www.khmertimeskh.com/501447879/agriculture-ministry-seeks-to-stabilize-rice-producers-prices/
Athletes Keang Samom represents Cambodia at London Olympic
Keang Samorn will represent Cambodia in the Olympic Games marathon in London in July, Pen Vuthy, secretary general of The Cambodian Athletic Confederation said. ...
Thais hit Cambodia casinos to sidestep junta betting blitz
Desperate for a flutter during a junta crackdown on gambling at home, Thais are making a beeline for casinos in a seedy Cambodian border town — which has already been deluged by migrants also fleeing the kingdom. For over a decade Poipet, a scruffy, vice-ridden frontier ...
Business World Online News Staff
http://www.bworldonline.com/content.php?section=World&title=Thais-hit-Cambodia-casinos-to-sidestep-junta-betting-blitz&id=89616
Water Supply Shares Fall Below Launch Price
The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...