Markets

The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries. In a response to concerns raised on social media, Commerce Minister Sun Chanthol wrote on the ministry’s official Facebook ...

The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...

The retail marketing business in Cambodia has been growing at approximately 8% a year for the last 10 years and is expected to increase by 7.5% a year from 2014-2018. This economic expansion and greater purchasing power of Cambodians, is seen as presenting great opportunities ...

Parkson Holdings Bhd will start building malls and leasing out space to get better margins to deal with pressure on its turnover. The departmental store company will build malls in Malacca and Cambodia, both scheduled to open in 2017. The company is also building a mall ...

The Wildlife Conservation Society (WCS) says its Ibis Rice project has recorded a production surplus for the first time in its five-year history, prompting a bid to export the boutique product overseas. Concentrated in Preah Vihear province, Ibis Rice farmers produced more than 435 tonnes of ...

Despite expecting 27,000 visitors per day, little planning has gone into tackling traffic congestion at Cambodia’s long-awaited AEON Mall when it opens June 30, City Hall said yesterday. There are 1,400 vehicle parking spaces allotted at AEON and 1,600 bikes spaces accessed via both Sothearos ...

An ice-skating rink, bowling alley, seven-screen cinema and a proverbial catwalk of high-end European and US labels will start vying for a slice of Cambodia’s rising middle class inside the soon-to-open AEON Mall, management with the firm overseeing it confirmed on Saturday. The Japanese-owned shopping centre’s ...

Three people were arrested in Banteay Meanchey province on Friday during a protest in which more than 400 vendors rallied against orders to move to new market sites. In what authorities said was an effort to “restore public order”, police and military forces were deployed to ...

Prime Minister Hun Sen used the opening ceremony of a dam in Pursat province Thursday to act out a scene of biting political satire by pouring scorn on promises from the opposition CNRP to simultaneously reduce food prices in markets, while increasing prices paid to ...

Six border checkpoints in Banteay Meanchey province were on Saturday closed unilaterally and without warning by Thailand, local officials and border police said. Lieutenant Colonel So Channry, chief of the 911 border battalion in O’Chrov district, said that Thai authorities had closed the checkpoints, one of ...

Cambodia and Vietnam vowed on Tuesday to further strengthen and expand friendship and cooperation for the benefits of the two countries and peoples. Koy Kuong, spokesman for the Cambodian Ministry of Foreign Affairs, said the two ministers agreed to increase cooperation in economics, trade, investment, ...

Commerce Minister asked officials at all border checkpoints to prevent and crackdown on expired products. Son Chanthol, the Commerce Minister, made such comments during a meeting Tuesday with officials from Department of Commerce, Chamber of Commerce, and checkpoints in Banteat Meanchey province. He also asked his officials ...

Commerce Minister asked officials at all border checkpoints to prevent and crackdown on expired products. Thong Thira, Banteay Meanchey’s head of Department of Commerce, said that about 71 percent of 700,000 people living in Banteay Meanchey are farmers. He said the province has big 20 ...

Two months ago, Sok Sathya spent less than a dollar for a kilogram of oranges to sell from his sidewalk stall across from a row of garment factories in Phnom Penh’s Meanchey district. Now the same oranges cost Mr. Sathya, 39, more than 6,000 riel, or ...

Malaysian telecommunications company Axiata Group Berhad reported Wednesday that its Cambodian brand Smart has seen strong growth in the first nine months of the year, with revenue increasing by 36 percent compared with the same period last year. In its third quarter financial report, Axiata said ...

A group of NGOs released a statement Thursday calling on the CPP government of Prime Minister Hun Sen to begin its program of promised post-election reforms by ending the practice of overcharging for motorcycle parking outside of local markets. The Affiliated Network for Social Accountability-Cambodia, a ...

After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...

Phnom Penh, Cambodia’s capital and largest city, has seen rapid development in the last decade — numerous high-rises, large shopping malls and business centres as well as public parks are beautifying this city — in the meantime, slum-dwellers are also on the rise. According to the ...

The KTH Premium Power Mall, opposite the Chinese Embassy in Phnom Penh, will be officially inaugurated on March 1 by K Thong Huot Telecom Co (KTH). The 1,200-square-metre mall will focus on international brands of electronic products. A mall representative told the Post the business would cater ...

More than 4,000 people attended a ceremony in December last year that saw Japan’s largest shopping mall developer and operator, Aeon, breaking ground on its three-storey mall in Phnom Penh, and the company says it is already considering building more in the capital. Aeon Mall ...

With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. “We are happy to contribute to the development of ...

Prime Minister Hun Sen said Monday that the gradual increase in Japanese investment in Cambodia reflected a maturing of the domestic economy. His remarks came at a groundbreaking ceremony for a shopping mall being built by top Japanese retailer Aeon Co Ltd. The $200 million mall ...

The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...

AEON Mall, a Japan’s single-largest shopping mall developer and the largest retailing operator, will invest $200 million to build a four-storey shopping mall here in December, Cambodian Prime Minister Hun Sen said Tuesday. The construction will be begun on December 10, 2012 on the land area ...