Transport ministry reaps benefits of personal plates
The Ministry of Public Works and Transport has generated some $2 million from the sale of personalised number plates since it launched the service last month. From January 7 to February 4, the ministry had sold 468 such plates to vehicle owners throughout the country, ...
Voun Dara
https://www.phnompenhpost.com/national/transport-ministry-reaps-benefits-personal-plates
Rail freight services begin
Railway freight services between Phnom Penh and Touk Meas commune, in Kampot province’s Banteay Meas district, the location of a Siam Cement factory about 40 kilometres north of Kampot town, began yesterday, finally putting the Toll Royal Railways concession on an earning basis. According to Toll Royal Railways ...
Sanya Motorcycles Officially Enter Cambodian Market
PHNOM PENH– The China-made Sanya-branded motorcycles have officially entered Cambodian market on Wednesday to compete in the country’s crowded motorcycle market. Pan Sorasak, Secretary of State for the Ministry of Commerce, expressed congratulations to the SCI Company Limited for being selected to be the exclusive distributor ...
http://www.chinadaily.com.cn/bizchina/2011-08/24/content_13181497.htm
Akra co-op signs first rice mill agreement
American business group Akra, led by Cambodian-born former US ambassador to the United Nations, Sichan Siv, has signed an agreement with a rice mill under a new co-operative structure it says puts ownership and profits back in to the hands of Cambodian producers. Akra’s managing director ...
http://www.phnompenhpost.com/2013020861251/Business/akra-co-op-signs-first-rice-mill-agreement.html
Anti-Corruption Unit Arrests Staff at UK Biofuel Firm
The Anti-Corruption Unit (ACU) has arrested two employees of a local company linked to a British biofuel firm currently under investigation by the U.K.’s Serious Fraud Office (SFO), an official said Friday. ACU President Om Yentieng said that International Green Energy (IGE) director Oum Samnang, and ...
http://www.cambodiadaily.com/news/anti-corruption-unit-arrests-staff-at-uk-biofuel-firm-7972/
Government to Consider New Minimum Wage
The Ministry of Social Affairs on Friday established four sub-committees tasked with finding a new minimum wage for the country’s 300,000-plus garment factory workers, Minister Ith Sam Heng said on Friday. “The sub-committees have a limited time of five weeks for research before they have to ...
Khuon Narim
http://www.cambodiadaily.com/news/government-to-consider-new-minimum-wage-42317/
Camko City starts third phase
The Now World City company is starting construction of its third phase at Camko City after its satellite city had suspended operations for a while. Kim Duk Kon, the vice president of World City, said that the new project included building luxury villas, with 140 houses ...
Siv Meng
http://www.phnompenhpost.com/real-estate/camko-city-starts-third-phase
Orix Investment in Acleda Seen as Exploratory
Orix, a Japanese financial conglomerate, will acquire about $11 million shares in Acleda Bank PLC, Cambodia’s largest bank, by the year’s end, officials announced Wednesday, although industry executives said the investment appears only exploratory and likely won’t make more than a ripple in the banking ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/orix-investment-in-acleda-seen-as-exploratory-46968/
Giant Development in Cambodia Hinges on Chinese Buyers
There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...
Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1
Oil refinery to be built
Construction on a US$2 billion oil refining plant, the Kingdom’s first, will start in April, according to officials close to the project. The plant, which will be built on 365 hectares across Kampot and Sihanoukville provinces and is expected to be completed in 2014, is a ...
http://www.phnompenhpost.com/index.php/2011120553135/Business/oil-refinery-to-be-built.html
Open an account at a securities firm and get ready to trade
CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...
Hundreds Order Video of Hun Sen's Land Speech
Hundreds of people have ordered video compact discs (VCDs) of Thursday’s speech on land rights given by Prime Minister Hun Sen after an official at CTN offered on-air yesterday to send a copy to anyone who requested it Orders of the speech have been pouring in ...
Sar Kheng Says ‘Change’ Needs to Go Beyond New Names
Officiating a ceremony on Friday to welcome the country’s new minister of post and telecommunications, Interior Minister Sar Kheng reminded the audience of government officials that the public expects change—as was demonstrated in their election support for the Cambodia National Rescue Party (CNRP). Mr. Kheng, who ...
Khy Sovuthy
http://www.cambodiadaily.com/news/sar-kheng-says-change-needs-to-go-beyond-new-names-43848/
Moc Bai Border Gate Economic Zone
Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/92035/moc-bai-border-gate-economic-zone.html
India urges more trade action
The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade. Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting ...
Eddie Morton
http://www.phnompenhpost.com/business/india-urges-more-trade-action
Siem Reap’s Secret Multimillion Dollar Land Swap
Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ...
Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/
A raft of complications
Riun Pau ran out of food last week. For the 13-year-old and her family, that moment was the culmination of weeks of distress caused by flooding that had already ravaged their Battambang home and farmland. Pau’s neighbours are experiencing similar problems. In Battambang, 67.3 per cent ...
Khouth Sophak Chakrya and Amelia Woodside
http://www.phnompenhpost.com/national/raft-complications
How ‘public’ is affordable housing?
In the market for lower to middle income housing, the line between ‘public’ and ‘affordable’ has been blurred.Post Property AnalysisLocal property developer, WorldBridge Land, Co. Ltd., and Singapore-based construction company, Strait Construction Group Pte, Ltd, last week announced a $100 million Memorandum of Understanding on ...
Post Staff
http://www.phnompenhpost.com/national/how-public-affordable-housing
Cambodia's Public Debt
According to the [inter]national Monetary Fund (IMF), at the end of 2011, the stock of Cambodia’s external public debt, including arrears, stood at around US 3.8 billion or 30 percent of GDP (24 percent in NPV terms). China remains the largest bilateral creditor, contributing to ...
Bets keep flowing as NagaWorld Employee Protest Continues
Gambling went on as usual at NagaWorld, Phnom Penh’s only licensed hotel-casino, Monday, despite an ongoing strike by employees who claim that more than 400 of them have been fired following weeks of protest. About 300 workers sat outside the casino with banners on Monday in ...
Hul Reaksmey and Simon Lewis
http://www.cambodiadaily.com/news/bets-keep-flowing-as-nagaworld-employee-protest-continues-31881/