Markets

Nearly four months after the Ministry of Commerce implemented a fuel-pricing mechanism that lowered prices at the pump to reflect the fall in the global commodity last March, petrol prices have inched back up to pre-intervention levels. ...

With the e-commerce law hoped to be passed before the end of the year, industry experts said it is important for Cambodian businesses to begin to encourage e-commerce activity, with an emphasis on electronic payments systems. ...

Construction of the second Aeon mall in Cambodia is scheduled to commence next month and be completed by 2018, AKP reported. ...

A group of companies from Taiwan are seeking joint ventures with partners in Cambodia, to export products and services to the Kingdom, amidst growing investor confidence that the Mekong country is developing in almost all sectors. ...

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.   ...

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 ...

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.    ...

An ecologically-friendly satellite town called Le Urban Eco Park, a $50 million joint venture between Singaporean and local investors, is expected to be completed in the next couple of months after the more than two years of construction. ...

Cambodia’s total agricultural production was down slightly last year while a larger share of this production went to exports, the Ministry of Agriculture said in its annual report, released yesterday. ...

Mango growers now have access to the South Korean market following an agreement signed on Friday between officials from Korea and the Ministry of Agriculture, Forestry and Fisheries. ...

The price of cashew nuts has jumped about 15 percent this year prompting processers and exporters to call for the government to help funnel more investment into growing the crop. ...

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.   ...

Five groups of land evictees marched to the Council of Ministers yesterday to submit petitions. .  ...

Malaysia-listed Zhulian Corp Bhd plans to expand its diversified Multilevel Marketing  (MLM) business into Cambodia and Laos to tap the strong potential of both countries, media reports said yesterday.    ...

Malaysia-based retailer Giant, one of the largest players in Asia, has launched its first store in Cambodia, opening in Phnom Penh’s Grand City Mall as part of a major expansion into the Kingdom. ...

The UN’s International Fund for Agricultural Development (IFAD) will provide $36 million to the Commerce Ministry to help improve market access for poor farmers and small entrepreneurs. ...

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. ...

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. ...

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

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.   ...

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 ...

The Commerce Ministry has received more than 5,000 applications from companies to register their trademark in the first three months of this year – the same as for all of last year – a senior ministry official said yesterday. ...

With global oil prices down and a devalued United States dollar, the price of gold has remained stable and has risen slightly while trade at gold shops has been steady, a gold shop owner said yesterday. ...

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. ...