Industries

Local conglomerate Royal Group said Tuesday that while it is committed to its partnership with Australia-based ANZ bank, it would entertain selling its stake in ANZ Royal Bank for “a very high offer.” “The Royal Group would like to clarify that it is a strong and ...

A steep decline in the number of red-headed cranes, also known as Sarus cranes, has been recorded since early this year in southern Kien Giang province, the bird’s usual hot spot, compared to a sharp rise in a Cambodian sanctuary. Meanwhile, hundreds of them have ...

The Garment Manufacturers Association in Cambodia says it will hold a workshop next month to explain to foreign managers why Cambodians behave in certain ways. “This workshop will provide the participants with relevant cultural information about the Cambodian workers and will show the different perspectives from ...

Prime Minister Hun Sen used the opening ceremony of a dam in Pursat province Thursday to act out a scene of biting political satire by pouring scorn on promises from the opposition CNRP to simultaneously reduce food prices in markets, while increasing prices paid to ...

Minister of Environment Say Sam El urged economic land concessionaire Union Development Group (UDG) – the mega-resort developer at the centre of a long-running Koh Kong province land dispute – to provide sufficient infrastructure in the relocation areas provided for residents it displaced, a ministry ...

A government committee charged with assessing damage from the garment worker protests in December and January has put the value of the destruction at over $250,000. It places blame squarely on the opposition CNRP and a trio of union leaders. That committee’s report, released Thursday, ...

Tepid interest in a Taiwanese-owned garment manufacturer’s planned initial public offering in Cambodia means that the deal could be priced below the midpoint of an indicative range, a person with direct knowledge of the offering said Thursday. Grand Twins International (Cambodia) PLC had planned to sell ...

A property expert and investor in the construction sector says that home prices have increased between 10 and 20 per cent so far this year compared to last year. Kim Heang, president of Khmer Real Estate, says that demand for property in boreys is healthy. Most ...

The director of the Lumphat district forestry department in Ratanakkiri province was charged and put in pre-trial detention on Monday for allegedly logging on protected land around Ou’Sinlair waterfall, police and court officials revealed yesterday. Deputy Police Chief Klol Thoeun said that Meung Bunthin was picked ...

The opposition CNRP made another pitch for an end to free trade benefits for Cambodian sugar exports to the European Union at a meeting in Phnom Penh on Wednesday with visiting European Parliament members, blaming the benefits for effectively subsidizing companies that are evicting poor ...

Small business owners in the pillar construction industry say they are facing hard times as demand increases for large pillars but diminishes for small-scale construction. Chheang Bona, director of 7FTD Co, Ltd in Vihear Sour commune, in Kandal province’s Ksach Kandal district, said that his ...

Battambang land prices have increased this year, according to a local real estate firm. Sorn Seap, general manager of Key Real Estate, said land prices in Battambang city, capital of the province of the same name, have increased by around 12 per cent this year compared ...

When is a strike not a strike? That’s a question being asked after union leaders yesterday announced they will inform garment factory owners that their members want to use annual leave days to wage their stay-at-home strike the week after Khmer New Year. The leaders of eight ...

After its November launch in Hong Kong, Alila Villas Koh Russey will break ground late next month, initiating the construction of a world-class luxury resort. Alila Villas occupies 25 hectares on Koh Russey, an island in the Koh Rong archipelago in the Gulf of Thailand, with ...

In 2013, Cambodia welcomed 4.2 million tourists, an increase of 17% from the previous year. This rapid growth of tourist arrivals is expected to continue year on year, raising concerns about how to ensure that local children are only positively impacted by tourism. Tourism destinations attract ...

Labor Minister Ith Sam Heng said Tuesday that he has sent a letter responding to 30 international clothing brands who recently wrote to the government expressing their concerns over a draft union law which could allow for the arbitrary breakup of unions. Speaking outside a conference ...

Forty families in Kampong Chhnang province’s Peani commune complained yesterday that a local factory has been polluting their land with toxic liquid waste. Kong Yom, 40, a representative of the 40 families in Krang Ta Ekh village, said yesterday that this is not the first time ...

A Chinese developer with a “family-like” relationship to Prime Minister Hun Sen’s bodyguard unit has accelerated construction at its $5 billion resort – ostensibly cancelled by royal decree in 2010 – in a protected national park in Preah Sihanouk province. The 3,300-hectare Golden Silver Gulf resort ...

Employees at the Kampong Speu shoe factory where a ceiling collapse killed two workers last May are headed back to work today after more than a week on strike, but will take their demands to the Arbitration Council. ...

Belarusian Foreign Minister Vladimir Makei is to attend the inauguration of a tractor assembly in Cambodia next week, according to the Belarusian Telegraphic Agency. “There are plans to discuss a wide range of issues of the bilateral agenda with the emphasis on the prospects of ...

On the shore of Koh Kong province’s Kiri Sakor district overlooking a cluster of islands, a flourishing new golf course lies vacant but for a handful of workers tending its empty greens. The Romanesque hotel behind it, replete with a bold central dome, luxury VIP suites ...

Soft-drinks giant PepsiCo has pledged to take a “zero-tolerance” approach to land grabs by its sugar suppliers. In a statement posted on the company’s website on Tuesday, it said the move came in response to a campaign by Oxfam, which targeted Coca-Cola and PepsiCo. ...

After postponing construction due to the 2008 economic crisis, work on the ambitious Cambodia Plaza is gradually being resumed. The plaza is a mixed development project along Russian Boulevard close to the western end of the 7 January Overpass. Cambodia Plaza project manager Adam Liv said the ...

Phnom Penh’s third overpass, or flyover, bridge is now close to completion, some eight months ahead of schedule, and its planners say it will not only greatly improve traffic congestion in the southwest of the city but will also lead to price increases for property ...