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
Fears for tourism during rally
The opposition’s planned demonstration in Siem Reap next month could affect the tourism industry in Cambodia’s most important visitor destination, the government and industry representatives said yesterday. Cambodian Tourism Minister Thong Khon told the Post that the Cambodia National Rescue Party’s (CNRP) December 10 rally could ...
Chan Muy Hong
http://www.phnompenhpost.com/business/fears-tourism-during-rally
Japan-Cambodia cultural festival begins tonight
During the 10th annual Japan-Cambodia Kizuna Festival, the focus will be on the “kizuna,” or bond in Japanese, between the two countries. The opening ceremony begins at 6 p.m. tonight, and the festival runs until Sunday evening. Admission is free, and more than 10,000 people are ...
Emily Wilkins
http://www.cambodiadaily.com/news/japan-cambodia-cultural-festival-begins-tonight-52722/
Police thwart cross-border foray by group of Thai farmers
Officials in Banteay Meanchey province said a group of Thai farmers once again tried to plow a piece of land hundreds of meters inside Cambodian territory on Sunday but were turned back by border police. Prak Sarath, deputy commander of border police Unit 911, said the ...
Khuon Narim
http://www.cambodiadaily.com/news/police-thwart-cross-border-foray-by-group-of-thai-farmers-60314/
Ministry of Environment says air quality situation across the country has deteriorated
According to the results of air quality monitoring from monitoring stations installed by the Ministry of Environment in the capitals and provinces across the country, the air quality situation has decreased, especially the concentration of PM10 inert particles and PM2.5 which may rise above the ...
Khmer Times Staff
https://www.khmertimeskh.com/501016986/ministry-of-environment-says-air-quality-situation-across-the-country-has-deteriorated/
Danish company to create new industry in Cambodia
The Danish company Go4 Bunker, which has developed their “Smart bunker system” in partnership with Shenfei Group Co and Maersk Broker K/s, wants to partner with Cambodian companies to develop not only the Cambodian Offshore Marine Fuel Oil Business, but also related business in connection ...
http://www.scandasia.com/viewNews.php?coun_code=kh&news_id=11271
Textiles, garments, footwear and travel products and bags are the key pillars of Cambodia’s exports
The Minister of Labor and Vocational Training, Dr. Ith Sam Heng, said that the export of textiles, garment, footwear and travel products and bags sectors are the key sector for the Cambodian economy and remain as the country’s most important export sector, with annual growth ...
Khmer Times Staff
https://www.khmertimeskh.com/501007751/textiles-garments-footwear-and-travel-products-and-bags-are-the-key-pillars-of-cambodias-exports/
Floods show Laos needs early warning
Heavy flooding during the rainy season, affecting 10 out of 17 provinces in Laos, has underlined the need for stronger disaster-management efforts, experts say. Tropical storm Haima struck central and northern parts of the country on June 24, with Nock-10 hitting central and southern areas on ...
Trade with Singapore soars
The Kingdom’s total trade with Singapore soared 148 percent in the first half of the year, while exports to Hong Kong increased 80 percent in the same period, according to Ministry of Commerce figures. The data showed that Cambodia’s exports to Hong Kong totalled in excess ...
Tensions cause drop in ASEAN imports
Tensions with Thailand led to a 10-percent decline in imports from ASEAN members during the first six months of 2011, though Cambodia’s exports to the bloc nearly doubled, according to officials. Cambodia imported US$810.9 million during the six-month period compared to $904.9 million during the period ...
Workers attack factory
A fourth day of protests by garment workers in Kampong Cham turned unruly yesterday, as nearly 2,000 workers shattered the windows of their factory with stones after briefly blocking National Road 7. The workers blocked the road for about 10 minutes at 9am, before returning to ...
http://www.phnompenhpost.com/index.php/2012022454711/National-news/workers-attack-factory.html
$12.5 million solar farm announced
Construction on a $12.5 million solar farm in Svay Rieng province will begin in the next few days, and will feed 10 megawatts (MW) a day into the national grid, officials announced yesterday. The 10-hectare site in Bavet City will be built and operated by Sunseap ...
Chea Vannak
http://www.khmertimeskh.com/news/29071/-12-5-million-solar-farm-announced/
More than 1,400 die, but road deaths fall
More than 3,000 traffic accidents across the country during the first 10 months of the year caused more than 1,400 deaths and about 5,300 injuries, a decline from the same period last year. According to a National Police report released yesterday, there were 3,001 traffic accidents ...
Pech Sotheary
http://www.khmertimeskh.com/news/31546/more-than-1-400-die--but-road-deaths-fall/
Qatar Airways ready to launch daily flights to Cambodia's capital
The Doha-based Qatar Airways will operate its daily flights from Doha to Phnom Penh, the capital of Cambodia, from Tuesday, Cambodia’s tourism minister Thong Khon said Monday. “Tomorrow (Tuesday), the airline will launch daily flights from Doha to Phnom Penh via Ho Chi Minh City, Vietnam,” ...