Government investigates rice sector
Following a Monday announcement from the Agriculture Ministry that provincial officials must ensure that the country’s rice millers pay adequate prices for rice paddy, the ministry followed up yesterday, saying that working groups had started discussing the situation with rice millers and rice farmers. In a ...
Sok Chan
http://www.khmertimeskh.com/news/29775/government-investigates--rice-sector/
New electricity bill cuts planned to start in April
Starting on April 1, the Electricity Authority of Cambodia (EAC) will continue to bring down the cost of electricity for households and enterprises in Phnom Penh and a number of provinces, according to a recent announcement by the agency. In a statement released earlier this month ...
Sok Chan
http://www.khmertimeskh.com/50109671/new-electricity-bill-cuts-planned-start-april/
Axiata's Cambodian unit expands through M&A
Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil). In a statement, Axiata announced that its Cambodian arm had entered into a sales ...
http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business
China’s appetite for rubber increasing
Natural rubber consumption in China, Cambodia’s largest rubber market, is expected to rise by 7.2 per cent in 2013 after growing by 4.5 per cent last year, according to the Singapore-based International Rubber Study Group (IRSG). Demand in North America was expected to grow 4.2 per ...
http://www.phnompenhpost.com/2013012460966/Business/china-s-appetite-for-rubber-increasing.html
Sihanoukville Port plans to list on stock exchange in July
While the Phnom Penh Water Supply Authority’s (PPWSA) share price continued to fall yesterday, a second state firm came a step closer to joining it on Cambodia’s nascent stock exchange by announcing plans to register by the end of July. At a ceremony marking the first ...
Huawei withdraws injunction
Huawei Technologies (Cambodia) Co agreed yesterday to withdraw its injunction against Mfone in order to pave the way for a court-appointed administrator to sell the bankrupt company’s assets and compensate its many creditors. Along with other creditors, Huawei representatives expressed concerns that the assets would ...
http://www.phnompenhpost.com/2013040964953/Business/huawei-withdraws-injunction.html
Representatives of 210 families protest at Siem Reap provincial hall demanding land compensation
More than 100 villagers claiming to represent more than 200 families in Prasat Bakong district, Siem Reap province protest in front of the provincial hall on the morning of October 24 to demand fair land compensation as the market prices while officials have promised to ...
Vietnam to share fish breeding techniques
Vietnam will be sharing its knowledge with Cambodia Aquaculturist Association (CAA) members on juvenile fish breeding techniques to strengthen breeding abilities, and produce better quality and increased amounts of fish at competitive prices. ...
Hom Phanet
https://www.phnompenhpost.com/business/vietnam-share-fish-breeding-techniques
Online launch voice
Internet service provider Online is aiming to compete in the voice call market with its latest product, TalkMobile, a Skype-like application for handsets. Customers buy US$2 a month in credit to use the internet-based TalkMobile, and then pay prices ranging from about 6 cents a ...
http://www.phnompenhpost.com/index.php/2011070450152/Business/online-launch-voice.html
Cash crop deal to aid Kingdom
A Malaysian firm on Saturday signed a joint agricultural agreement with property development company Paragon Corporation Cambodia worth a potential US$2 billion in exports of corn, rubber, coffee and other cash crops. Penned by Paragon Corporation Cambodia and Markmore Group Malaysia, the joint development project will ...
http://www.phnompenhpost.com/index.php/2011101752151/Business/cash-crop-deal-to-aid-kingdom.html
Bank Backs Displaced Families’ Compensation
The Asian Development Bank (ADB), one of the two major financiers of the rehabilitation of Cambodia’s railways, yesterday rejected criticism that they were providing insufficient resettlement packages to residents displaced by the project. On Friday, the ADB released a cost study that showed that the compensation ...
Prey Veng Villagers Protest Mounting Electricity Costs
More than 200 families in Prey Veng province protested outside the Pea Reang district police office on Wednesday against electricity providers Elisa Hour and Electricite du Cambodge (EdC), which have both refused to lower electricity rates, despite having made a promise to do so three ...
Rice exports down 5%
Rice exports last month were five per cent lower than in January last year, after a full year of decline in 2018. However, a sector insider said it is not a major concern because it is only the beginning of 2019. A report from the ...
Hin Pisei
https://www.phnompenhpost.com/business/rice-exports-down-5
No sign of relief for rice industry
As the harvest season of Cambodia’s most important crop kicks off, a crisis is looming as both rice farmers and millers face crippling capital shortages and a promised industry lifeline has yet to materialise. Industry experts said yesterday that these small farmers desperate to pay their ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/no-sign-relief-rice-industry
Kingdom unfazed by Fed rate hike
A day after the US Federal Reserve increased interest rates, which can potentially impact incoming investments and make debt more costly, experts say the Kingdom’s strong underlying growth will help maintain investments flows and leave the country largely unaffected.The Fed’s 25 basis point rate hike ...
Ananth Baliga
http://www.phnompenhpost.com/business/kingdom-unfazed-fed-rate-hike
Millions of lobsters released into Cambodian waters
In an attempt to replenish the nation’s shellfish stocks, the Fisheries Administration has released seven million young lobsters into Cambodian rivers and the Tonle Sap Lake this year, officials said. Cambodia harvests about 100 tons of wild lobsters annually, although the market demand is for about ...
Royal Media Launches Digital ONE TV Service
Royal Media Entertainment Co. Ltd., a joint venture between local conglomerate Royal Group and Russian General Satellite Co., announced yesterday that it has launched the country’s first digital pay-television service, ONE TV. Offering promotional subscription rates between $3 and $12 a month, services will begin in Phnom ...
Govt okays 5-nation rice trade zone
The cabinet yesterday approved the Commerce Ministry’s plan to develop a rice trade partnership with Cambodia, Laos, Myanmar and Vietnam to stabilise international rice prices According to a source at the Commerce Ministry, the rice trade zone project will begin with Cambodia and will involve rice ...
http://www.bangkokpost.com/news/local/320895/govt-okays-5-nation-rice-trade-zone
Minimum call charges apply: TRC
Mobile phone call promotions undercutting the government’s minimum pricing regulations are to be outlawed – again. Minimum charges will be applied to mobile phone calls from on Thursday with the return of the Telecommunication Regulator of Cambodia’s (TRC) rules on call tariffs, the regulator confirmed yesterday. On ...
Daniel de Carteret
http://www.phnompenhpost.com/business/minimum-call-charges-apply-trc
Cambodia seizes 3 tons trafficked ivory tusks at sea port
Cambodian customs officers on Friday morning confiscated around three tons of elephant tusks at the Sihanoukville Autonomous Port in Southwestern Preah Sihanouk province. In February, customs officers nabbed two Vietnamese men at the Siem Reap International Airport for smuggling 79.5 kg of illegal elephant tusks ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/09/c_133321744.htm