Tag Archives: cambodian market

Foreign Fixed Investment Falls Mid-Year

Investment fell from $4.42 billion in mid-2008 to $1.22 billion for the same period this year, the Council for the Development of Cambodia reported. Officials say the economic downward shares the blame with an overall decrease in a large number of high-dollar projects in 2008. “But through mid-2009, there have been no such kind of … Continue reading

Decline in rubber export hit by financial crisis

Since 2007, the global financial crisis has affected the international trade, and cooled down car sales. In addition, the impact of financial crisis also hit hardly the decrease in the demand for tyres and also affected the Cambodia’s rubber production exports to international markets. According to the Cambodia Economic Watch, the rubber sector is expected … Continue reading

Processed rice set for export to France

THE National Rice Millers Association (NRMA) announced Wednesday that it exported its first 3,460 tonnes of milled rice to France in the first quarter of 2009, which officials said marked an important step in the expansion of rice exports. “We expect that the NRMA will be able to export 12,000 tonnes of milled rice to … Continue reading

BlackBerry coming to Cambodia

CELLCARD Mobitel, Cambodia’s leading mobile phone company by market share, is planning to launch BlackBerry handsets in the Kingdom within the next few months, Royal Group’s chief financial officer said Monday. Mark Hanna told the Post that the Royal Group – which owns a 38.5 percent stake in Mobitel – has been in negotiations with … Continue reading

Subdecree signed outlining stock exchange regulations

THE Council of Ministers approved on Friday the draft of a sub-decree detailing stock exchange regulations that officials described as necessary for establishing the exchange by the end of the year. The subdecree was drafted by the Ministry of Economy and Finance in accordance with the Law on the Issuance and Trading of Non-Government Securities, … Continue reading

Mobile-phone operators face the levelling force of the free market

AS the global economy slips into recession, domestic mobile-phone operators remain confident that Cambodia – a country with low mobile penetration rates and large untapped markets – will see mobile-phone usage continue to boom. But with 11 mobile operators currently licensed in Cambodia, eight of which are operating, industry insiders say consolidation is likely once … Continue reading