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RMA mulls listing its Kingdom food arm

Bangkok-based RMA Group is considering listing its Cambodian food and beverage business, Express Food Group, on the Cambodia Securities Exchange, with a proposed IPO later this year. ...

Ananth Baliga
http://www.phnompenhpost.com/rma-mulls-listing-its-kingdom-food-arm

French Delegation to Discuss Water Treatment

Delegates from eight French-owned companies in the water management sector will meet with government officials and officials from the Phnom Penh Water Supply Authority today to explore business opportunities in Cambodia, according to a French Embassy statement yesterday. As a part of a two-day visit, ...

Russian Boulevard land prices rising

The west end of Street 110, also known as Russian Boulevard, is attracting increasing interest from investors and retailers because of its vital role connecting Phnom Penh International Airport with the city centre. Local real estate experts estimate that land prices along the thoroughfare have risen ...

Post Staff
http://www.phnompenhpost.com/real-estate/russian-boulevard-land-prices-rising

Sugar exports to stay duty free, EU trade czar says

European Union Trade Commissioner Karel de Gucht said he has no plans to launch an investigation into Cambodia’s much-criticized sugarcane plantations after a meeting with Commerce Minister Sun Chanthol in Phnom Penh on Tuesday. Bottom line: Cambodia’s free trade benefits to Europe are safe for ...

Zsombor Peter
http://www.cambodiadaily.com/news/sugar-exports-to-stay-duty-free-eu-trade-czar-says-54447/

Land dispute protesters again return to ministry

Nearly 300 residents representing more than 500 families locked in several land disputes in Koh Kong province gathered yesterday to once again petition the Land Management Ministry to speed up resolutions after years of alleged inaction by the government. ...

Pech Sotheary
https://www.khmertimeskh.com/50487387/land-dispute-protesters-again-return-to-ministry/

Borey supply increased 15 per cent this year

In the current state of relative political stability and strong economic growth while the earning potential of Cambodians increases, the overall supply of Borey housing has risen by 15 per cent compared to the same time last year, a recent study has found. ...

Siv Meng
http://www.phnompenhpost.com/real-estate/borey-supply-increased-15-cent-year

With soaring prices, local developers shift away from BKK1

The real estate market in the BKK1 area appears to be beginning to slow after years of accelerated growth as local investors look for more affordable alternatives within Phnom Penh.Seng Bunna, CEO of Bunna Realty Group, said that while the history of BKK1’s foreign-oriented growth ...

Siv Meng
http://www.phnompenhpost.com/real-estate/soaring-prices-local-developers-shift-away-bkk1

CITIC wins $262m contract for building cement plant in Cambodia

China’s leading cement equipment manufacturer and service provider CITIC Heavy Industries Company on Saturday secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to build a $262 million cement plant in Cambodia. ...

Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/05/content_22636890.htm

Feed mill to take bite out of growing import demand

Chip Mong Group is the latest conglomerate to invest into local production of animal feed, announcing this week that it will sink $60 million into building a large-scale feed mill and industrial piggery, a move that agricultural experts welcomed but said would still not be ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/feed-mill-take-bite-out-growing-import-demand

Ly Hour eyes next borey development

Housing Development Association of Cambodia presiDent Ly Hour has unveiled plans to erect a borey in Tboung Khmum province. ...

Siv Meng
http://www.phnompenhpost.com/post-property/ly-hour-eyes-next-borey-development

Metfone operator plans for big foreign revenue

Viettel Group, the Vietnamese military-owned operator of Cambodian mobile operator Metfone, expects to pull in $1.4 billion in revenue this year from overseas investments, Vietnamese state-owned media reported yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/metfone-operator-plans-big-foreign-revenue

Duong Sruoch Group denies clearing in wildlife sanctuary

A representative with Duong Sruoch Group in Preah Vihear yesterday denied allegations that that the company had been illegally clearing forest outside the boundaries of social land concessions it had been licensed to log. Duong Sruoch Group was specifically named in a directive issued Monday by ...

Phak Seangly
http://www.phnompenhpost.com/national/duong-sruoch-group-denies-clearing-wildlife-sanctuary

Jet’s to expand night market

Following the popularity of Cambodia’s first-ever container night market, the company behind the project said it is investing an additional $500,000 to expand the open-air facility with an annex scheduled to open next month. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/jets-expand-night-market

Denmark’s Damco launches new head office

The Embassy of Denmark in Cambodia has encouraged more Danish companies and investors to explore investment opportunities in the kingdom, arguing that in an increasingly competitive global market, it is crucial that national governments and individual businesses cooperate to increase business activity. ...

Sok Chan
http://www.khmertimeskh.com/5085157/denmarks-damco-launches-new-head-office/

Rising incomes lead to television upgrades

Cambodians spent more than $40 million on purchasing flat panel televisions from April 2014 to March 2015, on the back of improving economic prosperity among the middle class, according to Singapore-based research firm Gfk. The data shows that 126,000 TVs were bought for $46.3 million during ...

May Kunmakara
http://www.phnompenhpost.com/business/rising-incomes-lead-television-upgrades

Bunong ask gov’t to remove land markers

The Bunong ethnic community in Mondulkiri province has asked that environment officials remove land markers at the Nam Lear Wildlife Sanctuary near the Tuol Svay environmental headquarters. They also urged officials to take legal action against those who planted them. ...

Khorn Savi
https://www.phnompenhpost.com/national/bunong-ask-govt-remove-land-markers

Hyatt hotel in capital set for January 2021 launch

The $180 million The Hyatt Regency Phnom Penh hotel is set to launch in January, marking the brand’s first venture into the Kingdom’s capital. Local conglomerate Chip Mong Group signed a management agreement with Chicago, US-based Hyatt Hotels Corp in September 2016 for the hotel, ...

Thou Vireak
https://www.phnompenhpost.com/business/hyatt-hotel-capital-set-january-2021-launch

Koh Rong Island road project 30% done: Royal Group chair

Royal Group of Companies Ltd chairman Kith Meng has announced that the development of 70km of concrete roads on Koh Rong Island is about 30 per cent complete, with construction having begun in mid-July and proceeding on schedule since then. ...

May Kunmakara
https://www.phnompenhpost.com/business/koh-rong-island-road-project-30-done-royal-group-chair

Villagers angry over attempt to remove forest leader

An attempt to remove a forest community leader has created unhappiness among environmental activists and the people of Mondulkiri province’s Andong Kraloeng village, Sen Monorom commune of O’Raing district.    ...

Son Minea
https://www.khmertimeskh.com/50858706/villagers-angry-over-attempt-to-remove-forest-leader/

Rights groups file complaint against dutch MFI investor Oikocredit

Three NGOs filed a complaint Monday to a Dutch government watchdog accusing social investor Oikocredit of failing to conduct due diligence by investing in Cambodian microfinance institutions (MFIs) whose lending practices have been linked to rights abuses. ...

Jack Brook and Khuon Narim
https://cambojanews.com/rights-groups-file-complaint-against-dutch-mfi-investor-oikocredit/

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