Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ...

Between 1995 and 2017 Cambodia grew at an average rate of 7.7%; gdp per person rose from $321 in 1994 to $1,137 in 2017, after accounting for inflation. Foreign money has flooded in and Cambodia’s economy, which war and the Khmers Rouges had destroyed, has ...

Apsara authority has announced on 13 November 2019 over the move of elephants from Cambodia’s Angkor temple complex and it will end elephant rides business. Elephant management association will take charge of moving the elephants to a new home –a community forest (BosThom), located in ...

Acleda Bank, Cambodia’s largest bank, is morphing its existing training centre into a full-fledged educational institution, after obtaining a licence last month. The new institute will look to provide bachelor’s and master’s degrees in business administration, with majors in finance and banking. The Post’s Sorn ...

The abrupt cancellation of this year’s Water Festival has had an economic fallout on small businesses that see the annual event as a windfall for their marketing and sales efforts, and had already invested in promotional materials.The cancellation marks the fourth time in five years ...

A stern warning to clean up or pay up was issued to litterbugs yesterday, with Interior Minister Sar Kheng announcing fines for improper waste disposal across the country. According to the sub-decree, people who do not follow guidelines on separating waste, or who dump or ...

Chinese-owned Li Yu Heng Cambodia Construction expressed its plan to invest in using recycled waste to generate power for consumption in Preah Sihanouk province. The plan was hatched due to the rising demand for electricity as business and investment activities are growing in the province. ...

Malaysia-based GO Communications Group has acquired 100 percent of a public relations agency in Cambodia as a part of its ambitious plan to control a leading PR network in Southeast Asia, chief executive officer Michael De Kretser said In terms of foreign direct investment in Cambodia, ...

Leaders from Vietnam’s southern province of Tay Ninh and Cambodia’s Kampong Chhnang province signed a cooperative agreement in Tay Ninh on September 17. The agreement falls within the framework of the minutes of the 7th Cooperation and Development Conference for Vietnamese and Cambodian border provinces that ...

More than 50 businesses from Vietnamese and Cambodian districts met in the Mekong Delta province of An Giang to discuss how to improve investment cooperation, expand the market and increase exports into Cambodia . According to Deputy Director of the Dong Nai provincial Department of Industry ...

Prosecutors yesterday recommended that the Ratanakkiri Provincial Court drop charges against two human rights activists and a radio reporter accused in 2009 of inciting villagers involved in a land dispute against agro-business firm DM Group. Deputy prosecutor Ros Saram told the Post that because he ...

Industrialists have raised concerns that the higher minimum wage is a key factor driving many labour-intensive manufacturers to relocate to less developed neighbouring countries. At a seminar on investment strategy in Cambodia, Laos, Myanmar and Vietnam held yesterday by the Board of Investment of Thailand (BOI) ...

Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...

Phnom Penh municipal governor Pa Socheatvong has ordered a complete suspension of all sand-dredging activities while the municipality investigates whether the companies are operating illegally, a spokesman said. The order came during a meeting yesterday between the governor and his subordinates, City Hall spokesman Long Dimanche ...

The Minority Rights Organization and the Cambodian Center for Human Rights on Friday condemned the racist mob killing of a 28-year-old ethnic Vietnamese man in Phnom Penh this week, which came after the destruction of Vietnamese shops last month and months of anti-Vietnamese rhetoric from ...

As hundreds of thousands participate in the annual mass migration from Phnom Penh to their home provinces for Khmer New Year next week, military police will remain at their posts. National Military Police in the capital and provincial outlets will be working at full capacity 24 ...

The Friday arrest of a local businesswoman who holds the municipal contract to collect parking and stall fees from markets citywide on breach of trust charges came as no surprise to many vendors, aggrieved by what they say are her unfair business practices. Cheav Vibol, deputy ...

The Phnom Penh Municipal Court imprisoned a prominent businesswoman who has exclusive rights to collect taxes at a number of Phnom Penh markets Monday over breach of trust charges related to a subcontracting agreement, signed in 2008, to let a business partner collect fees at ...

Local stock brokerage company Sonatra Securities has announced it will completely dilute its books and put a halt on all business activities from October 1. In a press release posted on Sonatra’s website last week, the firm stated without an explanation that it was suspending all ...

A torrential downpour that lasted over three hours yesterday morning has left many in the capital struggling with flooded houses, businesses and travel conditions, sparking outcry that authorities have not done enough to manage the rain’s effects. Flooding took place in virtually every district in ...