Markets

Vendors

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

$27 mil to help rice sector

In an effort to appease rice farmers and stimulate rice millers to purchase fragrant rice currently being harvested across the country, the government announced that it had found $27 million to pay for emergency measures. The Ministry of Economy and Finance released a statement on Friday ...

Sok Chan
http://www.khmertimeskh.com/news/29875/-27-mil-to-help-rice-sector/

Rice bank buys direct to control prices

The Cambodia Rice Bank (CRB) will intervene to prevent the price of fragrant rice from falling further by offering to buy the staple grain directly from farmers at the market price of 840 riel (21 cents) a kilogram. The CRB also called on farmers to ...

Sok Chan
http://www.khmertimeskh.com/news/29842/rice-bank-buys-direct-to-control-prices/

Creature comforts in demand

In its latest audit of domestic appliance sales for seven countries in Southeast Asia, German-based market research firm GfK found that consumer spending on refrigerators, air conditioning units and washing machines grew by 2 percent during the year ending June 2016, while washing machine sales ...

Hor Kimsay
http://www.phnompenhpost.com/business/creature-comforts-demand

Sihanoukville beach vendors protest new relocation notice

Vendors along O’Chheuteal Beach yesterday protested against a new Preah Sihanouk provincial project that requires them to build new stalls – set back from their current ones – before the Sea Festival starts on December 17, in order to expand the beach area for tourists. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/sihanoukville-beach-vendors-protest-new-relocation-notice

After many false starts, first timber auction goes ahead

The government on Monday auctioned off the first lot of timber from roughly 70,000 cubic meters of illegally logged wood seized by authorities earlier this year, after a lack of interest forced more than a month of cancellations. ... ...

Aun Pheap
https://www.cambodiadaily.com/second2/many-false-starts-first-timber-auction-goes-ahead-116434/

Making precious stones shine globally

The Cambodia Gems and Jewelry Traders Association (CGJTA) urged their non-association counterparts in Siem Reap to come into their fold to ensure the Kingdom’s precious stone industry maintains quality and standards that are on par internationally. This, the CGJTA said, will attract more international buyers ...

Chea Vannak
http://www.khmertimeskh.com/news/26271/making-precious-stones-shine-globally/

Phsar Kandal vendors concerned over development talks

Plans to rebuild Phsar Kandal have struck fear into the market’s community of longtime vendors, who gathered on Monday over concerns they will become the latest victims of Phnom Penh’s surging inner-city development boom. ...  ...

Ouch Sony
https://www.cambodiadaily.com/news/phsar-kandal-vendors-concerned-over-development-talks-112934/

Push to promote local products

Supermarket owners are to be called for a meeting with the Commerce Ministry in response to complaints from small and medium sized enterprises (SMEs) that local products are not displayed or sold on their shelves, the commerce minister said yesterday at the launch of a ...

Sok Chan
http://www.khmertimeskh.com/news/25274/push-to-promote-local-products/

All aboard the gravy train

Cambodians’ growing appetite for fast food and franchised food outlets, and the increasing number of restaurants springing up in the capital and other towns, has become a healthy business for some of the food chains now operating in the Kingdom. ...   ...

Sok Chan
http://www.khmertimeskh.com/news/25224/all-aboard-the-gravy-train/

Vendors want market to be restored as it was

More than 100 vendors in Stung Treng yesterday expressed concern that the location of their stalls would change after the town’s fire-damaged market is rebuilt by provincial authorities. ...  ...

Sen David
http://www.phnompenhpost.com/national/vendors-want-market-be-restored-it-was

Cause of market fire found as rebuild starts

The reconstruction of the Stung Treng market, which was destroyed in a massive fire that was sparked in a jewelry shop on April 7, started yesterday, according to provincial officials. ... ...

Mom Kunthear
http://www.khmertimeskh.com/news/23974/cause-of-market-fire-found-as-rebuild-starts/

Authorities clear furniture from Sihanoukville beach—again

Outdoor tables and chairs belonging to bars and restaurants on Sihanoukville’s Serendipity Beach were removed by local authorities on Tuesday as part of a campaign to beautify the city’s beaches by ridding them of illegal commercial activity, an official said on Wednesday. ... ...

Peter Ford and Buth Kimsay
https://www.cambodiadaily.com/news/authorities-clear-furniture-from-sihanoukville-beach-again-111301/

100,000 litres of bottled water going across the border to Cambodia every day

A severe water shortage is being blamed for the water travelling across from Rong Klua market to Poi Pet, reports Thairath. ...  ...

Thai Visa News Team
http://news.thaivisa.com/thailand/100000-litres-of-bottled-water-going-across-the-border-to-cambodia-every-day/138199/

Beachfront evictions begin in Sihanoukville

Authorities in Sihanoukville followed through with their long-threatened eviction of vendors from the end of the popular O’Chheuteal beach on Saturday afternoon, demolishing nearly 100 structures along the 2 km strip known locally as Ariston. ...  ...

Peter Ford and Ouch Sony
https://www.cambodiadaily.com/news/beachfront-evictions-begin-in-sihanoukville-111101/

Booming middle class fueling mall construction

The rising incomes of Cambodians and the growing middle class as the Kingdom enters lower-middle income status is leading to a new trend in consumer spending, which in turn is fuelling a boom in the construction of malls to cater to changing lifestyles and the ...

Chea Vannak
http://www.khmertimeskh.com/news/23337/booming-middle-class-fueling-mall-construction/

Vehicle sales increasing, both new and old

The market for new cars in steadily increasing in the Kingdom, with more dealers and representatives setting up outlets, while the sale of used vehicles is also on the rise. ... ...

Sok Chan
http://www.khmertimeskh.com/news/23065/vehicle-sales-increasing--both-new-and-old/

Evictions signal coastal development dilemma

With the threat of eviction hanging over businesses on Sihanoukville’s O’Chheuteal and O’Tres beaches, land rights advocates congregated in Phnom Penh this week to give voice to thousands of families locked in land disputes with powerful firms turning swaths of coastline into tourism destinations. ... ...

Sek Odom and George Wright
https://www.cambodiadaily.com/news/evictions-signal-coastal-development-dilemma-110279/

Beachfront evictions to begin in Sihanoukville next week

The eviction of businesses along Sihanoukville’s popular O’Chheuteal Beach will begin as early as Monday, after the provincial governor returns from a trip abroad, an official said on Thursday. ... ...

Sek Odom
https://www.cambodiadaily.com/news/beachfront_evictions_to_begin-110076/

Preah Sihanouk officials meet over beach compensation plan

Preah Sihanouk provincial officials met on Monday to discuss an order from the national government to provide compensation for a number of families living and running businesses on O’Chheuteal Beach in Sihanoukville who are facing the threat of eviction. ... ...

Sek Odom
https://www.cambodiadaily.com/news/preah-sihanouk-officials-meet-over-beach-compensation-plan-109907/

As deadline passes, O’tres beach businesses fight on

Although an eviction deadline passed on Sunday for guesthouses, restaurants and bars along Sihanoukville’s popular O’Tres Beach, less than half of the businesses had left as of the evening, with others seeking to negotiate a deal with authorities that would allow them to stay. ... ...

Kang Sothear and Hannah Hawkins
https://www.cambodiadaily.com/news/as-deadline-passes-beach-businesses-fight-on-109828/

Knock-offs find a new home

The province of Banteay Meanchey will build a new market for vendors displaced from the Long Keur market on the Thai side of the Poipet border, a provincial official said yesterday, adding that vendors will be allowed to continue selling their counterfeit goods at the ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/knock-offs-find-new-home

Sihanoukville beach vendors asked to vacate shore

Vendors located along two of Sihanoukville’s most prominent beaches – Otres and Ochheuteal – have until March 13 to relocate, city governor Y Sokleng said yesterday. ... ...

Post Staff
http://www.phnompenhpost.com/business/sihanoukville-beach-vendors-asked-vacate-shore

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