News

Charcoal prices rise in urban areas

Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...

http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html

Vietnam raises minimum pay

A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. “The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...

http://www.phnompenhpost.com

Government to cut power subsidies

The government will drop subsidies for high electricity use, after the Electricity Authority of Cambodia (EAC) reported losses of US$3 million between January and May this year. Households consuming more than 200 KW/h per month will no longer receive a 100 to 200 riel per KW/h ...

http://www.phnompenhpost.com/index.php/2012070657247/Business/govt-to-cut-power-subsidies.html

‘Viable’ Boeung Kak option floated

More than enough vacant plots exist within Boeung Kak lake’s 12.44-hectare concession area to house those denied land permits, a new NGO report says. Sahmakum Teang Tnaut claims to have found “a viable and practical” solution for households excluded from the unmarked land the prime minister ...

http://www.phnompenhpost.com/index.php/2012070357170/National-news/viable-boeung-kak-option.html

Revenue from Post office and Telecommunication

Income from post office activity increased to 3.77 million US dollars in 2011 from 2.164 million in 2010 and that money is small in size but it showed that Cambodian people still need the post ways for sending their goods and other materials. At the same time, revenue from mobile phone companies and desk ...

http://thesoutheastasiaweekly.com/

Cambodia eyes solar future for rural power

Cambodian officials yesterday touted the potential for green energy to meet its goal of bringing electricity to 100 percent of households by 2020. The Kingdom was looking to develop solar energy, small-scale hydropower and biomass-fuelled power to meet the target, said Ministry of Industry, Mines and ...

http://www.phnompenhpost.com/index.php/2011072950712/Business/cambodia-eyes-solar-future-for-rural-power.html

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