Infrastructure

Markets

Makro breaks ground on capital’s first wholesale retail warehouse

Makro Cambodia, the local arm of international cash-and-carry wholesaler Makro, held a groundbreaking ceremony yesterday for construction of its first outlet in the Kingdom, which is expected to launch operations in December. ...

Hor Kimsay
http://www.phnompenhpost.com/business/makro-breaks-ground-capitals-first-wholesale-retail-warehouse

Livelihood incentive for workers as industrial park enters JV

Having carved its niche in offering residential and commercial elements within its industrial park, Le Urban Eco Park (LUEP) entered into a joint venture with two Singaporean companies last month to further develop its commercial aspect. ...

Hanamariya Halim
http://www.phnompenhpost.com/post-property/livelihood-incentive-workers-industrial-park-enters-jv

Vertiv announces rebranding

Vertiv, formerly known as Emerson Network Power, officially announced its new branding on Wednesday in Cambodia to tap more markets in the country’s fast developing economy.Vertiv is a global provider of infrastructure technologies for vital applications in data centres, communication networks, and commercial and industrial ...

Sum Manet
http://www.khmertimeskh.com/news/38734/vertiv-announces-rebranding/

Pursat to reap fruits of labour

It takes three hours by car to get to the quiet province of Pursat from Phnom Penh, winding westwards along approximately 200 kilometres on National Road 5. Recently, though, the sleepy town has been stirring under some ongoing developments in the form of a combined ...

Vandy Muong
http://www.phnompenhpost.com/post-property/pursat-reap-fruits-labour

Rubber prices sag under pressure

The slowdown of regional and global economies, especially in China, US dollar appreciation, unfavourable weather and global stock market speculation have plunged rubber prices, the Association for Rubber Development in Cambodia said.   ...

Sok Chan
http://www.khmertimeskh.com/news/38599/rubber-prices-sag-under-pressure/

Kingdom’s largest wholesale outlet to kick off end of 2017

Earlier this month, Makro, a well-known wholesale supermart based in Bangkok, Thailand, began putting up signs on the zinc walls surrounding its sales office in Phnom Penh’s Sen Sok district, advertising its imminent opening at the end of the year. ...

Moeun Nhean
http://www.phnompenhpost.com/post-property/kingdoms-largest-wholesale-outlet-kick-end-2017

Increased consumerism points to demand for more malls

The demand for shopping precincts has risen three percent in this year’s first quarter when compared to the same time last year, a study by Bonna Realty Group has shown. ...

Siv Meng
http://www.phnompenhpost.com/post-property/increased-consumerism-points-demand-more-malls

Aeon plans grocery store chain

Aeon plans to open the stores across the capital and surrounding provinces following the success of its flagship 68,000 square-meter mall, which opened in 2014. ...

May Kunmakara
http://www.khmertimeskh.com/news/37928/aeon-plans-grocery-store-chain/

Beer tops advertising budgets

Beer advertising is one of the fastest growing advertising segments in the Kingdom, though just as people often struggle to keep track of how many beers they have put away, the amount that local breweries and distributors actually spend on media placements is subject to ...

Lay Samean
http://www.phnompenhpost.com/business/beer-tops-advertising-budgets

Kampot pepper prices plunge

Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/kampot-pepper-prices-plunge

Love affair with Thai products

Products from neighboring Thailand are still considered the best for many Cambodian consumers, and this is an incentive for Thai companies to set up branches in the country – taking advantage of the positive investment climate prevailing in the kingdom. ...

Chea Vannak
http://www.khmertimeskh.com/news/36064/love-affair-with-thai-products/

Wall of fresh fish blocks Poipet border

Thai authorities withdrew a 700 percent import tax increase on Cambodian fish vendors on Thursday after the angered cart-pushers formed a wall of baskets teeming with fresh fish along a border checkpoint on Thursday in protest, according to Poipet authorities. ...

Buth Kimsay
https://www.cambodiadaily.com/news/wall-of-fresh-fish-blocks-poipet-border-125741/

Gray-market cars continue to deter potential investment

Germany’s car manufacturers are on edge as the U.K., their No. 1 importer, prepares to leave the E.U. And although expanding into Cambodia’s market is unlikely to ease their anxiety, German investors who gathered in Phnom Penh on Thursday said whatever potential might exist here ...

Hang Sokunthea
https://www.cambodiadaily.com/business/gray-market-cars-continue-to-deter-potential-investment-125321/

T-Shop offers first domestic franchise

T-Shop Cambodia, a Phnom-Penh based electronics and gadget shop founded in 2012, has announced that due to nationwide interest it is offering franchise options, with two already sold. This makes it the first Cambodian-owned business to sell franchises, according to CEO Bung Hor. ...

Sok Chan
http://www.khmertimeskh.com/news/31416/t-shop-offers-first-domestic-franchise/

Waiting to tap rubber’s rebound

The large-scale rubber plantations that arrived in force in Cambodia a decade ago as global rubber prices moved to historic peaks are facing sober prospects as trees they planted before the commodity’s prices headed south begin to reach maturity. ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/waiting-tap-rubbers-rebound

Women run Cambodia's street economy: report

Women make up the majority of street vendors selling food, clothes and a range of other retail goods across Cambodia, a new report in the peer-reviewed International Journal of Business has revealed. Using data from Cambodia’s economic census, researchers Nobuo Hirohata and Kazuhiro Fukuyo, from Yamaguchi ...

Cristina Maza
http://www.phnompenhpost.com/national/women-run-cambodias-street-economy-report

Cash influx a band-aid for failing rice sector

As the government scrambles to buoy a rice sector suffering from crashing paddy prices and fierce international competition, Prime Minister Hun Sen on Thursday lauded the government officials and “generous businesspeople” who heeded calls for emergency funds. ...

Janelle Retka and Kuch Naren
https://www.cambodiadaily.com/news/cash-influx-band-aid-failing-rice-sector-118340/

Bitter harvest for rice farmers

It’s almost 10 in the morning in Battambang province’s Bavel district and the blazing sun would deter anyone from venturing too far from the cool comfort of their thatched huts in this rice-growing area. But for many families whose livelihoods depend on rice farming, braving the ...

Chea Vannak
http://www.khmertimeskh.com/news/29992/bitter-harvest-for-rice-farmers/

Cambodian producers urged to build effective brands

Better branding of Cambodian products is essential as major global brands inundate the domestic market and local producers look to compete in international markets, panellists said Wednesday evening during an industry forum in Phnom Penh. Var Roth San, an adviser to the Ministry of Commerce, said ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/cambodian-producers-urged-build-effective-brands

Battambang farmers protest plummeting rice prices

Attempting to call attention to the havoc low rice prices are wreaking on their livelihoods, hundreds of farmers in Battambang’s Sangke district took to the streets yesterday, symbolically pouring rice onto National Road 5. ...

Lay Samean
http://www.phnompenhpost.com/national/battambang-farmers-protest-plummeting-rice-prices

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