Economy and commerce

Cambodia’s business community is anticipating keen interest from overseas investors as registration for the country’s international investment conference opens this week. The International Business Chamber (IBC) of Cambodia investment conference will take place on October 6th and 7th at the Intercontinental Hotel in Phnom Penh. The ...

More than 200 residents from seven villages in Ratanakkiri province’s Taveng district have filed a complaint to the local Administrative Fisheries Department and two right groups over claims that rival anglers in the area are collecting fish in their protected lot by poisoning the catch. ...

Melees at a garment factory in Kandal province between striking workers and employees who are against the industrial action have left five people mildly injured. Employees at the Tae Young factory began striking a week ago, calling for two administrators at the plant to be fired, ...

From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...

Cambodia’s telecom sector is outraged over a draft law handed down by the Ministry of Posts and Telecommunications (MPTC) on Wednesday, which details a government plan to assert control over the industry. In what is being labeled an “unprecedented, draconian” effort to nationalise the industry, the ...

After striking for more than a week, employees at Phnom Penh’s Sun Well Shoes yesterday marched to Por Sen Chey district hall, demanding their voices be heard. Some 300 people marched from their Veng Sreng Boulevard factory with a list of seven demands, including the ...

The Information and Communications Technology (ICT) Federation was inaugurated here on Thursday with an aim to advance Cambodia to a digital age, officials said. Speaking at the launching ceremony, Kan Chanmeta, secretary of state of the Ministry of Post and Telecommunication, said the federation would be ...

Environment Minister Say Sam Al on Wednesday lauded the country’s controversial sugar industry and the jobs it has created, saying that companies operating in the sector need to be defended against the widespread criticism they have been receiving. Rights groups and the opposition CNRP have undertaken ...

News of an end to a year-long political deadlock has labour union leaders believing the opposition party can bring their interests to parliament, but a lack of follow-through could cost the Cambodia National Rescue Party vital support from one of its key interest groups. Different union ...

Cambodia collected 532 million U.S. dollars in tax revenue during the first half of 2014, up 13 percent over the same period last year, said a news statement released by the General Department of Taxation on Wednesday. The revenue came from an increase in income taxes, ...

A Chinese company is preparing a memorandum of understanding with Ministry of Commerce (MOC) pledging to buy 100,000 tons of rice from Cambodia, according to Sun Chanthol, Minister of Commerce. The intention was made clear during a meeting between the Minister of Commerce and Song Xiaoguo, ...

Decriminalising sex work could slash the world’s HIV infections by a third or more, according to a new study. Published yesterday in health journal The Lancet, the paper says that punitive treatment of sex workers can “elevate HIV acquisition and transmission risks”. In Cambodia, which has Southeast Asia’s ...

Corn farmers and dealers in the country’s northwestern provinces fear a decline in sales this season as local storage facilities become increasingly scarce and demand from Thai importers declines. Khun Thorn, president of Ta Sdar Samky Farmer Community in Battambang province, told the Post yesterday that ...

Cambodia’s business community welcomed the news yesterday that the county’s longest-ever parliamentary deadlock had come to an end – a resolution investors say will help ease fears of political instability. The ruling Cambodian People’s Party and the opposition Cambodia National Rescue Party yesterday struck a deal ...

Eighty masterpieces from Cambodia’s renowned Angkor Wat Temple will be displayed in China for six months, aiming at promoting cultural ties between the two countries. Cambodian Minister of Culture and Fine Arts Phoeurng Sackona and Liu Shuguang, director general of the Chinese Academy of Cultural Heritage, ...

About 500 garment workers whose bosses have complained that they spend too much of their working day talking on the phone and listening to music protested outside their Kampong Speu factory yesterday, demanding better working conditions. ...

Phnom Penh’s first solar-powered building looks for all the world like a cube of colored Lego blocks dropped in a factory lot on the city’s industrial outskirts. Covered in some 1,350 solar panels — including large panes of multi-colored solar glass — the three-story building ...

Early this month, in what looks like a failed attempt to save its reputation, Australia‘s ANZ Bank severed its ties with Phnom Penh Sugar, a company accused of a range of human rights abuses linked to its plantations in Kampong Speu province, Cambodia. The move ...

Vietnam Airlines will launch new international routes on November 1, connecting the Kien Giang Province’s Phu Quoc airport to Singapore and Cambodia. The Phu Quoc – Singapore route will carry two flights a week and the Phu Quoc – Siem Riep route will carry three flights ...

Former staffers of Phnom Penh Sorya Transportation will meet with a company representative tomorrow to demand reinstatement after more than two weeks of the firm’s continued refusal to comply with a decision by the Arbitration Council, they and the bus operator said yesterday. According to Yim ...

Police in Phnom Penh’s Daun Penh district took part in a sting target took part in a sting targeting illegal computer gaming locations yesterday, arresting seven people and seizing 71 illicit machines across three locations in Phsar Thmey III village. ...

Italy has demanded that the European Union restrict Cambodia’s duty-free import status, as concerns over the survival of that country’s rice sector appear to be reaching a fever pitch. According to rice industry website Oryza, the Italian government has officially submitted a request to the EU ...

The Taiwan External Trade Development Council (TAITRA) yesterday insisted it has received the green light from the Cambodian government to open a Taiwan trade center in Phnom Penh. TAITRA, a non-profit trade promotion organization affiliated with the Ministry of Economic Affairs, made the remarks in response ...

Mr S Iswaran Minister in the Prime Minister’s Office and Second Minister for Home Affairs and Trade and Industry will be making an official visit to Cambodia on 21 July 2014. ...