Economy and commerce

About 20 people protesting their pending eviction from their homes near Phnom Penh International Airport blocked people from leaving or entering the airport for about half an hour yesterday, before a large force of police broke up their protest. In July, authorities told 182 families ...

Prime Minister Hun Sen on Wednesday told landowners in the coastal province of Kep to pay their taxes on unused land and increase the amount of investment in the area to attract more visitors. According to the law, unused land is subject to a 2 percent ...

Several days of rain have finally brought relief to hundreds of families in Koh Kong province’s Khemara Phoumint City who had been without water for two weeks because the reservoir that provides their supply dried up during hot season. LYP Group, a company owned by ...

AEON Microfinance (Cambodia) Co Ltd says it has expanded its installment payment services into the agricultural sector, a new business type industry insiders say could be successful, but will still not be enough to strengthen one of Cambodia’s most crucial economic sectors. “We will co-operate with ...

A massive power outage Wednesday in Southern Vietnam brought rolling blackouts that lasted for hours to Ho Chi Minh City, the entire southeastern region of Vietnam and large sections of Phnom Penh. Vietnam’s state-owned Southern Power Corporation said Wednesday that the problem occurred around 2 p.m. ...

A 555-metre tower planned for Diamond Island is to go ahead, and expert engineers from China and Vietnam are studying the river bank and calculating the strength of the foundations needed to support the building. The building plan will not be changed and now the company ...

Cambodian milled rice exports are gradually lessening their dependency on a single market by expanding their shipping destination in Asia, a sign insiders say is good news for the industry. Kim Savuth, president of the Federation of Cambodian Rice Exporters, told the Post yesterday that milled ...

Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, said some H&M garments were produced without its knowledge or approval at a factory in Cambodia where workers were injured in a partial building collapse this week. A supplier of the Stockholm-based company placed two minor orders with ...

Cambodia’s insurance industry earned a total premium of 12 million U.S. dollars in the first three months of 2013, up 30 percent compared with the same period last year, according to the industry’s report released Wednesday. The main sources of the premium were from fire insurance ...

U.N. human rights envoy Surya Subedi on Tuesday received a thorny reception from hundreds of students at a Phnom Penh university, who angrily questioned his impartiality and unfurled banners calling for him to end his work in Cambodia. Special rapporteur Subedi delivered a lecture to about ...

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 ...

When a 100-metre-long section of a Phnom Penh garment factory crumpled in on itself like a cheap pup tent, Sen Sok district officials promised an investigation. The results of that investigation, which was to have taken place more than a year ago, in March 2012, ...

Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...

The National Television of Cambodia and the Mass Communication Organization of Thailand (MCOT) on Tuesday signed a television cooperation agreement, focusing on the exchange of TV programs and information. The deal was inked between director general of the National Television of Cambodia Kem Gunawadh and MCOT’s ...

Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...

More than 20 people fainted yesterday at the Wing Star Shoes factory in Kampong Speu province, where two workers were crushed to death in a ceiling collapse last Thursday. Workers and union officials said an electrical short-circuit scared workers returning for the first time since the ...

Officials and business people say solar panels are gaining in popularity in rural areas, where the power grid does not reach. Mao Sangat, director of Solar Energy Cambodia, told the Post yesterday that his company saw increases of installation of solar power systems for families whose ...

The occupants of 90 Phnom Penh households whose homes were partially or completely dismantled to make way for the Railway Rehabilitation Project partly funded by the ADB have demanded the bank offer them fair compensation. In a letter submitted to the Inter-Ministerial Resettlement Committee, the ADB, ...

Getting reliable statistical data remains a challenge for Cambodia’s government, as a lack of cooporation among the ministries and corruption still distort what is reality. Industry insiders say this is a problem, especially as reliable data are the base of reference when the Association of Southeast ...

The dining hall of a garment factory in Phnom Penh’s Meanchey district that supplies clothes to U.S. brand Gap collapsed into a pond Monday, injuring more than 20 workers who were eating lunch, workers and officials said. The hall, which is part of Top World Garment ...

Cambodian migrant workers sent home $256 million last year, according to a report from a U.N. agency and the World Bank, which was released in Bangkok yesterday. The report from the bank and Rome-based International Fund for Agriculture Development (IFAD), titled Sending Money Home to Asia, ...

Cambodian imports of packaged monosodium glutamate (MSG) totalled just 2,086 tonnes last year, the lowest amount since 2002, according to import figures from the customs department of the Ministry of Economy and Finance. The import figures showed that from 2002 to 2010, Cambodia had imported a ...

For the second time in five days, Cambodia’s garment industry has been rocked by another partial collapse of a structure at a factory. Garment workers are reporting that at least 10 people, including a pregnant woman, have been injured after a concrete platform collapsed into a ...

Two-way trade between Vietnam and Cambodia in the first four months of the year reached nearly US$1.3 billion, a 10 per cent rise over the same period last year. According to the Vietnam Trade Office in Cambodia, Vietnam’s exports to Cambodia fetched over $1 billion while ...