French Scholar ‘Shocked’ Over Damage to Riverside Home
Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...
Smart rolls out 4G network
Mobile internet speeds in Cambodia are ratcheting up a notch. Smart Mobile, the country’s second largest operator by subscribers, is making 4G LTE internet available to customers this week, the company announced yesterday during the launch of the service at NagaWorld Casino. Thomas Hundt, CEO of Smart, ...
Eddie Morton
http://www.phnompenhpost.com/business/smart-rolls-out-4g-network
Japan to Give $840,000 To Demining Projects
Japan signed an agreement Thursday with the Japan Mine Action Service (JMAS) to provide $839,363 to deining projects in Battambang province, which will benefit about 5,500 residents. Together with the Cambodian Mine Action Center (CMAC), which will receive almost half of the donations from Japan, JMAS ...
Betargo readies for the contruction of its 18,000t per annum feed mill in Cambodia
Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...
European Lawmakers Press for Probe of Land Concessions
Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...
French investors plan tram system for Phnom Penh
French companies are considering plans to invest in a tram system providing comfortable public transport for residents of Phnom Penh, an official said Friday Kuy Koung, spokesman for Ministry of Foreign Affairs and International Cooperation, said the project was discussed during a meeting between Foreign Minister ...
Tourism Sector Faces Dearth of Skilled Labor
With the number of tourists visiting the country increasing rapidly, hotels are coming under strain due to lack of skilled chefs and waiters in the industry, according to hotel managers. In the first six months of 2012, international visitors reached 1.75 million, a 26.8 percent ...
France Ready for Talks on Gas Power Plant
Utilities giant Electricite de France (EdF) is preparing to enter negotiations with Cambodia over the construction of a power plant to use up natural gas locked up in disputed waters off the country’s coast, France’s ambassador-in-waiting to Cambodia said on Tuesday. Serge Mostura, who is still ...
http://www.cambodiadaily.com/business/france-ready-for-talks-on-gas-power-plant-9596/
City Hall Moves to Stop State Land Swaps
In an effort to put a stop to land swaps in Phnom Penh, City Hall has called on state institutions with offices in Chamkar Mon district’s Tonle Bassac commune to register or re-register for land titles, a municipal official said Sunday. A letter signed by ...
Aun Pheap
http://www.cambodiadaily.com/news/city-hall-moves-to-stop-state-land-swaps-48329/
Right to strike ‘Fundamental’
A labour law expert from the International Labour Organization yesterday rejected claims made by Cambodian factories and employers associations that workers in the Kingdom have no fundamental right to strike. In a paid advertisement in the Post yesterday, the Garment Manufacturers Association in Cambodia (GMAC) and ...
Shane Worrell and Mom Kunthear
http://www.phnompenhpost.com/national/right-strike-%E2%80%98fundamental%E2%80%99
CSX Slated to Start Trading by the End of 2011
While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...
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/
Cambodia to get its first garment training institute
The Garment Manufacturers Association in Cambodia (GMAC) has inked an agreement with French international development agency – Agence Francaise de development (AFD), for obtaining a loan of US$ 3.5 million to set up [sic] first garment training institute in the country. As per the agreement the ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118660
Officials in ‘contract’ farms drive
Officials are seeking expert firms to implement projects on so-called contract farming and the enhancement of the involvement of farmers’ organisations in paddy collecting and processing, officials said. Contract farming is an agreement on agricultural production carried out between a farmer and buyers, which establishes conditions ...
http://www.phnompenhpost.com/2013052265766/Business/officials-in-contract-farms-drive.html
Italy steps up fight against Cambodian rice
Rice farmers in Italy plan to block four major grain exchanges in the country this week over what they say is the European Union’s failure to keep Italian rice competitive against that of cheaper Asian rivals including Cambodia, which is given duty-free access to European ...
George Styllis
http://www.cambodiadaily.com/business/italy-steps-up-fight-against-cambodian-rice-63945/
Foreigners buying Phnom Penh condos
The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...
http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html
Shift in CNRP's political strategy to win elections
The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...
Rice Jumps Exchange Limit to One-Month High on Asia Flood Damage
Rice futures jumped the most permitted by the Chicago Board of Trade, advancing to a one- month high, as flood damage to crops in Southeast Asia boosted prospects for U.S. exports. Storms since September damaged 12.5 percent of paddies in Thailand, the world’s largest exporter, and ...