Infrastructure
Markets
Gold sees price surge amid global uncertainty, becomes “safe asset”
Over the past two to three years, the price of gold on the international market has steadily risen, driving up prices in Cambodia, even as the country exports refined gold to global markets. ...
MoC initiates pilot project for nationwide wholesale markets
The Ministry of Commerce (MoC) is taking steps towards establishing a network of wholesale markets across Cambodia to improve market efficiency, reduce post-harvest losses and stabilize prices. ...
Chea Vanyuth
https://www.khmertimeskh.com/501517912/moc-initiates-pilot-project-for-nationwide-wholesale-markets/
ASEAN-International Wholesale Market opens for business
The ASEAN-International Wholesale Market, locally known as the New Deum Kor Market, was officially inaugurated last week in a ceremony including Khuong Sreng, Governor of Phnom Penh, Wang Wentian, Chinese Ambassador to Cambodia, and other representatives and stakeholders of the project. ...
James Whitehead
https://www.khmertimeskh.com/501481579/asean-international-wholesale-market-opens-for-business/
Commercial real estate market sees shops moving to high-end streets
In Phnom Penh, visibility seems to have become key to retailers. High-end brands are reportedly moving to more up-market locations like Prime High Street, versus community malls, retail podiums and prime shopping malls. ...
Rachel David
https://www.khmertimeskh.com/501481585/commercial-real-estate-market-sees-shops-moving-to-high-end-streets/
China remains the largest export market for Cambodia
The CCFTA, signed in October 2020 and effective since January 2022, was initiated by Cambodian officials with the aim of broadening its trade relations and export markets in China in response to the economic fallout caused by the pandemic, local flooding, and economic pressures and ...
Khmer Times Staff
https://www.khmertimeskh.com/501320543/china-remains-the-largest-export-market-for-cambodia/
The impact of digitalization on Cambodia’s energy market
Digitalization is transforming industries worldwide, and Cambodia’s energy market is no exception. The adoption of digital technologies is driving significant changes in the way energy is produced, distributed, and consumed in the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501318532/the-impact-of-digitalization-on-cambodias-energy-market/
Role of energy storage in Cambodia’s evolving energy market
Cambodia’s energy market is experiencing rapid growth and transformation, driven by the country’s increasing demand for electricity and its ambitious plans to diversify its energy mix. As the Southeast Asian nation continues to develop its infrastructure and economy, the need for reliable and sustainable energy ...
Khmer Times Staff
https://www.khmertimeskh.com/501317982/role-of-energy-storage-in-cambodias-evolving-energy-market/
Kingdom’s 2021 salt production will meet domestic demand
Domestic salt production can supply domestic demand this year, relieving Cambodia of the need to engage in imports according to Kampot province’s department of Industry, Science, Technology and Innovation. ...
Chea Vanyuth
https://www.khmertimeskh.com/50911832/kingdoms-2021-salt-production-will-meet-domestic-demand/
Covid rattles Phnom Penh’s retail landscape through H1
The Covid-19 pandemic has rocked the retail landscape in Phnom Penh, with anxiety around infection risk keeping the masses away from shopping malls and driving retail consumption down by nearly five per cent in the first half of this year, compared to July-December 2020, according ...
Hin Pisei
https://www.phnompenhpost.com/post-property/covid-rattles-phnom-penhs-retail-landscape-through-h1
Cambodia’s fish consumption up despite supply, market challenges
The Ministry of Agriculture, Forestry and Fisheries announced that fish consumption in Cambodia has increased, with one person consuming on average 52.4kg of fish per year. ...
Nov Sivutha
https://www.phnompenhpost.com/national/cambodias-fish-consumption-despite-supply-market-challenges
State markets allowed to fully reopen
All kinds of business in state markets are permitted to resume from the onset of June 15, according to a new decision issued by Phnom Penh municipal governor Khuong Sreng late on June 14. ...
Post Staff
https://www.phnompenhpost.com/national/state-markets-allowed-fully-reopen
Vegetables left to spoil on Kandal farms as farmers can’t find buyers
Farmers in Kandal province say they each have thousands of dollars worth of vegetables spoiling in their fields because they can’t find buyers. In Sa’ang district, an area known for vegetable growing, salad greens farmer Tai Song, 35, said growers all around were unable to find ...
Khut Sokun
https://vodenglish.news/vegetables-left-to-spoil-on-kandal-farms-as-farmers-cant-find-buyers/
Rubber exports increase 17%
Cambodia exported 27,445 tonnes of rubber worth $40 million in the first month of the year, up 17 per cent compared to the same period last year, Ministry of Agriculture, Forestry and Fisheries official Khuon Phalla told The Post on Thursday. ...
Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-increase-17
Authorities dismantle stalls on Otres Beach
Some 62 Otres Beach stall owners plan to petition Prime Minister Hun Sen and the Ministry of Interior for a resolution after the Preah Sihanouk provincial authority dismantled their stalls on Wednesday, with some having been owned for more than 20 years. Preah Sihanouk Provincial ...
Voun Dara
https://www.phnompenhpost.com/national/authorities-dismantle-stalls-otres-beach
Embassy seeks further inroads into Thailand’s retail market
Cambodia is seeking to display more of its products in supermarkets across Thailand to reduce the trade deficit with its neighbour. Cambodian Ambassador to Thailand Ouk Sorphorn asked Thailand’s Siam Piwat Company Limited to distribute Cambodian goods in its Iconsiam and Siam Paragon retail outlets. ...
May Kunmakara
https://www.phnompenhpost.com/business/embassy-seeks-further-inroads-thailands-retail-market
Otres beach stalls to be dismantled next week
The Preah Sihanouk provincial administration will take steps next week to dismantle vendors’ stalls along Otres Beach in the province’s Commune I, Stung Hav district. The stall owners, who have been making a living there for some 20 years had earlier asked the provincial governor ...
Voun Dara
https://www.phnompenhpost.com/national/otres-beach-stalls-be-dismantled-next-week
Hun Sen defends free market rice pricing in the Kingdom
Prime Minister Hun Sen yesterday defended the Kingdom’s stance in letting the free market determine the price of rice and blasted critics by saying Cambodia is not a communist country. Fluctuations in the price of rice have some farmers calling on the government to set ...
Ben Sokhean
https://www.khmertimeskh.com/50674238/hun-sen-defends-free-market-rice-pricing-in-the-kingdom
Century Plaza sellers wait for new area after order to move
Phnom Penh municipal governor Khuong Sreng instructed Por Sen Chey district authorities and Century Group not to stop vendors from selling goods around Century Plaza Market, which is marked for redevelopment. ...
Long Kimmarita
https://www.phnompenhpost.com/national/century-plaza-sellers-wait-new-area-after-order-move
Vendors call for better treatment
About 150 street vendors gathered in Phnom Penh yesterday to mark International Street Vendors Day and called on the authorities to treat them better. ...
Mom Kunthear
https://www.khmertimeskh.com/50660992/vendors-call-for-better-treatment/
Chinese-owned shops are on the rise in central Phnom Penh
Informal businesses owned by Chinese nationals are on the rise in central Phnom Penh, especially in Tonle Bassac commune, surrounding Koh Pich. Such businesses have sprung up notably in Central Market, Orussey Market, Sovanna Shopping Mall, Rattana Plaza, as well as Kakab commune across from Phnom ...
Hin Pisei
https://www.phnompenhpost.com/business/chinese-owned-shops-are-rise-central-phnom-penh
National Assembly seeks more input on Boeng Tamouk Lake project
The National Assembly has asked relevant authorities to clarify if there is any problem related to the reclamation of parts of Boeng Tamouk Lake following a petition filed by the Grassroots Democratic Party. Prach Chan, National Assembly human rights and complaints commission chairman, yesterday said he ...
Taing Vida
https://www.khmertimeskh.com/50622092/national-assembly-seeks-more-input-on-boeng-tamouk-lake-project/
Plans underway to repair Kandal market
City Hall plans to repair the 30-year-old Kandal market in Daun Penh district which is in danger of collapse. District Governor Sok Penhvuth on Saturday visited the market with officials to discuss a plan and get feedback from vendors. He told vendors that the market is ...
Mom Kunthear
https://www.khmertimeskh.com/50621768/plans-underway-to-repair-kandal-market/
GDP files petition over Boeng Tamouk lake reclamation
The Grassroots Democratic Party yesterday submitted a petition to National Assembly President Heng Samrin to seek clarification from the government over the partial reclamation of Boeng Tamouk lake. In 2016, the government issued a sub-decree designating the 3,239-hectare Boeng Tamouk lake in Phnom Penh as ...
Taing Vida
https://www.khmertimeskh.com/50613256/gdp-files-petition-over-boeng-tamouk-lake-reclamation/
Families living around lake evicted
Prek Pnov district authorities have evicted families living illegally around Boeng Tamouk lake, Phnom Penh’s largest reservoir, part of which is to be reclaimed to build a market. Sim Sophang, district administrative chief, said there will be no compensation. “There is no policy to compensate them ...
Khuon Narim
https://www.khmertimeskh.com/50605742/families-living-around-lake-evicted/