Fuel prices increase at pumps

Road users can expect to pay up to 500 riel ($0.12) more per liter of fuel due to the increase in global crude oil prices after the government last March pegged local prices to that of the international market, a Commerce Ministry official said yesterday. ...

Sok Chan

Plantation manager aims to be top oud oil producer

Asia Forestry Management, an integrated plantation-management company with a focus on cultivating Aquilaria crassna, aims to become Thailand’s biggest producer of oud oil this year and Southeast Asia’s in five years. The company’s plant in Trat province will be expanded to produce 280 kilograms of ...

$20m mill will lift rice exports

Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...

Cambodia continues to see slow price increase

Food prices drove moderate inflation in June, with experts calling the 1.8 per cent year-on-year increase acceptable. Month on month, inflation rose at about 0.1 per cent, data from the National Institute of Statistics showed. Khin Song, deputy director general at NIS, said the slow rise in ...

Rubber Prices Plummet Despite Increase in Exports

Revenues generated from rubber exports dropped 25 percent to $41 million in the first four months of the year compared to the same period in 2011, as rubber prices on the international market plummeted, according to data released yesterday by the Ministry of Commerce. While rubber ...

Commodities Prices a Risk, Bank Says

Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East Asia and Pacific Economic Update for 2012, ...

Cedac to Export Rice to Germany Next Month

The Cambodian Center for Study and Development in Agriculture (Cedac) said yesterday it would begin exporting organic rice to Europe in June for the first time as part of a one-year agreement with a German-based equitable trade organization. “We’re looking to break more into the international ...

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