Logo of Phnom Penh Post newspaper Phnom Penh Post - Sales of large home appliances rise 20 pct

Sales of large home appliances rise 20 pct

Sales of large home appliances rise 20 pct

Cambodian consumer spending on major domestic appliances such as air conditioners, refrigerators, washing machines and microwave ovens, saw a roughly 22 per cent year-on-year increase over the first six months of 2013, according to Germany-based research institute GfK.

The rise comes alongside a 20 per cent growth in volume terms and a 22 per cent increase in total dollar value in Southeast Asia, where nearly 11.5 million large appliances were sold, generating $3.4 billion.

The countries surveyed were Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Cambodia and Laos.

Hor Hab, Cambodia representative of South Korea-based LG, said that Cambodia’s “rising living standard and an increase in new houses being built” translated to an increase in sales of air conditioners and washing machines. But he said it was still limited to Phnom Penh and Siem Reap, as a lack of grid connection and sufficient power in remote areas impeded sales of electronics.

MOST VIEWED

  • Serious flooding across country

    The Kampong Speu provincial Committee for Disaster Management on Wednesday issued an alert after non-stop heavy rain caused widespread flooding. In Koh Kong province, authorities are working with the disaster committee and the Cambodian Red Cross to assist those affected after more than 350 homes were

  • CNRP points to King in call for vote boycott

    Leaders of the former Cambodia National Rescue Party (CNRP) have taken a new tack in their call for a boycott of the national elections later this month. They are now claiming that the people should follow the King, who is expected to abide by tradition

  • Actress’s NGO takes heat for promoting the ruling party

    An actress’s NGO which participated in an election campaign event contrary to the Law on Association and Non-Governmental Organisations (Lango) has been slammed. Chorn Chanleakena, a celebrity and the president of the Association of Artists Volunteering to Help Society, allegedly led its members in

  • Troop moves ‘won’t worry people’

    Senior officials at the Ministry of Defence and National Police said on Tuesday that riot training provided to the country’s police forces were aimed at preventing unexpected demonstrations and strikes before and after the July 29 national elections. The troop mobilisation, they said, would not