News

Malaysian motos to enter market

Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...

http://www.phnompenhpost.com/business/malaysian-motos-enter-market

Cambodia's inflation increases by 1.6 pct in November

Cambodia’s inflation rate had increased by 1.6 percent in November 2012 if compared with November 2011 due to moderate increases in food and petroleum prices, according to the latest statistics of the National Institute of Statistics (NIS) on Tuesday. The statistics said the total consumer price ...

http://news.xinhuanet.com/english/business/2013-01/01/c_132075617.htm

Construction Revival Behind Import Growth

A 22.8 percent increase in the value of imports to Cambodia this year is partly due to a high demand for construction materials, a Commerce Ministry official said yesterday. In the first 11 months of 2012, total trade in and out of Cambodia reached $12.31 billion, ...

http://www.cambodiadaily.com

CPI: cost of living falls slightly

The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...

http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html

Trade with Thailand increases

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html

Cooperatives Key to Help Farmers, Combat Hunger

The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day. Jean-Pierre de Margerie, country director of the World Food Program, said ...

Businesses Look for Opportunities in Tourism Industry

More than 150 businesses and associations from around the world gathered on Phnom Penh’s Koh Pich yesterday for the launch of the country’s annual food and hospitality exhibition. Two events, the International Food, Drinks and Wine Show and the Cambodian International Hotel, Restaurant and Catering Industry ...

http://www.cambodiadaily.com/business/businesses-look-for-opportunities-in-tourism-industry-3714/

Mekong dams put millions at risk of hunger

The economic, social and environmental consequences of the construction of dams on the Mekong River could be devastating.. ANU research suggests that millions of people are in danger of going hungry if the dams proceed. Replacing fish as a protein source with alternative food would use ...

http://theconversation.edu.au/mekong-dams-put-millions-at-risk-of-hunger-9087

Eating locally

The Cambodian governemnt is lobbying the tourism sector to focus more on using local foods, which it says could generate millions of dollars in revenue a year. But hotels and restaurants say quality standards and supplies of local products are often not adequate and businesses ...

Fish and rice, together at last

A new long-term project aims to boost fish stocks in rice fields. That was not a typo. For years, rice farmers in Cambodia have swept up fish – as well as frogs, snails and other aquatic fauna – that make their way from streams, canals and ...

http://www.phnompenhpost.com/index.php/2012072757657/National-news/fish-and-rice-together-at-last.html

Inflation Falls on Lower Gas, Food Prices

Consumer prices in Phnom Penh grew just 1.8 percent year-on-year in the month of June, the lowest increase in almost two years, as food and gas prices remained stable, according to figures released yesterday by the Ministry of Planning. In its monthly inflation report, the ministry ...

Cambodia's inflation slightly up to 3.8% in June

Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...

http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm

Rats Good Business for Cambodians, Food for Vietnamese

Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...

Prices and Monetary Developments

Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...

http://www.etmcambodia.com/

The Kingdom's stubborn problem with food security

While Cambodia has made remarkable gains economically over the past decade and more-the Kingdom’s poverty level fell from 47 percent in 1994 to 25 percent this year-there are still some stubborn areas of underperformance. One is the issue of food security. While in recent years, the country has largely been able to produce ...

http://www.etmcambodia.com/index.php

45th ASEAN Foreign Ministers' Meeting kicks off

The 45th ASEAN Foreign Ministers Meeting (AMM) kicked off in Phnom Penh on Monday, focusing on politics, security, food and energy security, economics and culture in order to further advance the bloc’s cooperation toward a community by 2015. Cambodia’s Prime Minister Hun Sen said thatafter 45 years, ...

http://www.chinadaily.com.cn/world/2012-07/09/content_15561089.htm

Cambodia's consumer prices decline

Consumer prices decreased month-on-month in May for the first time since statistics were available, Cambodia’s National Institute of Statistics (NIS) data showed. The 1.1 per cent drop, driven largely by lower food and gasoline prices, would be a relief to businesses and shoppers after a period ...

http://www.phnompenhpost.com/index.php/2012062556991/Business/consumer-prices-decline.html

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