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Rent reductions increasingly possible for smaller firms

Small and medium-sized enterprises (SMEs) have taken a slight upper hand in the negotiation of commercial rental prices across the Kingdom as COVID-19 is still hindering the property sector. ...

Jason Boken
https://www.khmertimeskh.com/50803836/rent-reductions-increasingly-possible-for-smaller-firms/

Rising Riel in circulation earns demand in public

The prudential monetary policies and Riel promotion have built price stability of Riel, which earned public trust over the circulation of the national currency, said a senior official at the National Bank of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501140924/rising-riel-in-circulation-earns-demand-in-public/

Discount shops attracting crowds

Two thousand five hundred – for Mom Dalin, this is more than just a random number or the price of a coffee, it is her way of making a living. The 55-year-old sits at a small desk in her son’s shop on Sihanouk Boulevard, within sight ...

http://www.phnompenhpost.com/2013062066378/Business/discount-shops-attracting-crowds.html

Apartment demand falters in Q3

The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...

Siv Meng
http://www.phnompenhpost.com/real-estate/apartment-demand-falters-q3

Taxes set to reduce transactions

The pending property tax could lead to declining residential property transactions in the Kingdom as residents fear rising house prices. Although the property sector is currently stable after the country’s recovery from the financial crisis, it is expected to stall once the prakas is implemented, VMC ...

http://www.phnompenhpost.com/index.php/2011082551247/Special-Supplement/taxes-set-to-reduce-transactions.html

Buses, Taxis Ignore Appeals to Maintain Fees

As Khmer New Year approaches, Phnom Penh Municipality has once again made its annual appeal to bus companies and taxi drivers not to raise fees during the holiday. But as usual, drivers and companies say they will be ignoring the request. Phnom Penh Governor Kep Chuktema said ...

‘At a loss’ over land clearance

The authorities are at a loss over who had cleared and demarcated more than 50ha of mangrove forests in Village I, Tumnob Rolok commune, Stung Hav district, in Preah Sihanouk province. Kim Hak, who heads the community protecting the flooded Tumnob Rolok forest and the ...

Voun Dara
https://www.phnompenhpost.com/national/loss-over-land-clearance

Outrage over boarding charges

A government minister has threatened legal action, and disability groups are up in arms, after a small Cambodian airline forced a disabled passenger to pay $240 on top of her ticket price for help getting on and off an aircraft.Bassaka Air has admitted demanding the ...

Pech Sotheary
http://www.phnompenhpost.com/national/outrage-over-boarding-charges

Takeo’s Bati district could become a hotspot for garment factories

Land prices in Krang Thnong commune, in Takeo’s Bati district near National Road 2, have recently multiplied by up to ten times compared to five years ago after two garment factories started being constructed in the rural community this year, locals claim.Meanwhile, the area might ...

Dit Sokthy and Hanamariya Halim
http://www.phnompenhpost.com/real-estate/takeos-bati-district-could-become-hotspot-garment-factories

Rice exports up, but cash shortage hitting

Rice exports for the first quarter of the year jumped 8.5 percent to 162,220 tons from 149,464 tons for the same period last year, but in March the figure dropped 14.5 percent, or 9,592 tons, to 66,275 tons in the face of competition from Thailand, ...

Sok Chan
http://www.khmertimeskh.com/news/23629/rice-exports-up--but-cash-shortage-hitting/

CRF: $200M in emergency loans needed for rice sector

The Cambodia Rice Federation (CRF) has asked the state-owned Rural Development Bank (RDB) to provide $200 million in emergency loans to buy paddy from farmers during the ongoing post-monsoon harvest season as falling prices threaten their livelihoods. ...

Thou Vireak
https://www.phnompenhpost.com/business/crf-200m-emergency-loans-needed-rice-sector

Cashew nut harvest likely to decline

As the end of this year’s cashew harvest nears, the yield in two major producing provinces has fallen compared with last year, officials and farmers said, while traders said that the price of the nuts had also dropped since last year. In Kompong Cham province, this ...

PPWSA closes higher after a week down

For the first time in weeks, Phnom Penh Water Supply Authority yesterday closed up 4.35 per cent, a sign the stock was stablising after a rough opening, insiders said. After an eight-day price decline, PPWSA – the sole listed company on the Cambodia Securities Exchange – ...

http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html

Cambodia's rubber exports up 29 pct in 5 months

Cambodia reported a 29 percent rise in dry rubber exports in the first five months of 2013, but revenues from the exports rose only 4 percent due to price decline in international markets. Currently, the country has about 300,000 hectares of rubber trees, according to ...

http://www.asean-china-center.org/english/2013-07/19/c_132556398.htm#

S Reap fish paste production halts over weak demand

Villagers in Kampong Khlaing commune in Siem Reap province’s Sotr Nikum district have halted Kamlearnh fish paste production due to lagging demand, according to the industry’s representative body. Proum Hong, president of Kampong Khlaing Fish Paste Producers Association (KKFPPA), said the inflated price of the product, ...

Chan Muyhong
http://www.phnompenhpost.com/business/s-reap-fish-paste-production-halts-over-weak-demand

Rolls-Royce opens showroom

Rolls-Royce officially launched its showroom in Cambodia yesterday, with both government and the luxury-car maker forecasting a rosy sales outlook for the high-end vehicle. In June, Rolls-Royce appointed HGB Group Co Ltd, the distributor for Mazda and Kia vehicles in Cambodia, to be the official dealership. ...

Chan Muyhong
http://www.phnompenhpost.com/rolls-royce-opens-showroom

PM urges farmers to diversify crops amid shortage of water

Prime Minister Hun Sen on Thursday called for farmers to diversify beyond rice during the dry season, amid meteorologists’ warnings that a decline in water levels due to drought will adversely impact output and prices. ...

May Kunmakara
https://www.phnompenhpost.com/business/pm-urges-farmers-diversify-crops-amid-shortage-water

PPSP says shares are ‘undervalued’ in buyback

The industrial park operator Phnom Penh Special Economic Zone (CSX: PPSP) believes its falling share price now offers a good investment as the board proposed its share buyback plan to the regulator yesterday. ...

Harrison White
https://www.khmertimeskh.com/50793013/ppsp-says-shares-are-undervalued-in-buyback/

Posts ministry offers rapid test kits at cost from S Korea, China

The Ministry of Posts and Telecommunications has announced that it will distribute two types of Covid-19 antigen rapid tests from South Korea and China, which will be made widely available at cost price. ...

Voun Dara
https://www.phnompenhpost.com/national/posts-ministry-offers-rapid-test-kits-cost-s-korea-china

Cassava exports up nearly 22.1%

The Kingdom exported 2,793,729.92 tonnes of cassava in 2021, up by nearly 22.1 per cent from a year earlier, as industry players note that domestic wholesale prices of the tubers remain elevated compared with average 2020 rates. ...

Hom Phanet
https://www.phnompenhpost.com/business/cassava-exports-nearly-221

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