News

Electricity subsidy to boost manufacturing

Cambodia’s upcoming cut in electricity costs will likely lower manufacturing and operation costs for the export-reliant nation, delivering a boost to the business sector while potentially attracting more foreign investment, top executives said. ...

May Kunmakara
https://www.khmertimeskh.com/50561137/electricity-subsidy-to-boost-manufacturing/

Government sticks to plan on power price cuts ahead of election

Officials appeared to walk back a promise to issue larger-than-average electricity price reductions ahead of July’s elections, instead following a previously announced plan to make small reductions in costs. Ty Norin, chairman of the Electricity Authority of Cambodia (EAC), released a statement earlier this month announcing ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-sticks-plan-power-price-cuts-ahead-election

Agriculture Ministry to request lower electricity costs for farmers

Agriculture Minister Veng Sokhon said he would ask Prime Minister Hun Sen to take action to help farmers compete against neighbouring countries, including further measures to address high electricity costs, as the sector mapped out its challenges for the year at a ministry-led forum in ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/agriculture-ministry-request-lower-electricity-costs-farmers

Cambodia's energy costs deter investors

Cambodia’s infrastructure is deterring highly anticipated investment into the production of raw materials to support its rapidly growing garment sector, experts say. While garment exports rose 10.2 per cent to $5.48 billion last year, the increase of raw materials imported to support this growth increased about ...

http://www.phnompenhpost.com/2013020761221/Business/cambodia-s-energy-costs-deter-investors.html

Japanese Investment in Cambodia Grows, but Hurdles Remain

Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...

http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/

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