Economy and commerce
Evictees Miss Second Season of Rice Farming
Villagers who were evicted by security personnel in order to make way for Tan Bien-Kompong Thom Rubber Company have missed another growing season as they have not been given land original promised by the government. They were original promised one hectare of land each before ...
Power Grid Key to Development
According to the Asian Development Bank (ADB) the regional and national power grids are key to development, though plans for their development have come under criticism by a number of NGOs who believe that power generation should be decentralized. The ADB’s Greater Mekong Subregion program ...
Officials Fear Collapse of Riverside Buildings
Ministry of Land Management officials have said that colonial-era buildings along Phnom Penh’s riverside could collapse as a result of damage received from construction next door. The buildings along the Sisowath Quay could be in an even more perilous position as a result of the ...
Vietnam businesses eyeing the Kingdom
Vietnam businesses are looking to invest in Cambodia but are faced with a shortage of skilled labor and high transportation costs. The Oversea Entrepreneur Forum in Phnom Penh saw over 100 firms meet to discuss potential partnerships. It has also been said that further cooperation ...
Court issues injunction to top rice milling firm
Battambang provincial court has issued an injunction halting the sale of any part of Loran Import Export Company in a dispute over ownership of the prominent rice milling firm, according to a statement. The plaintiffs, including prominent media personality Soy Sopheap as well as Uy Ang ...
Migrant workers delayed
The Association of Cambodian Recruitment Agencies (ACRA) has delayed in sending 2,000 Cambodians to Qatar due to a lack of information about safety. The Ministry of Labour of Qatar has provided insufficient information regarding worker safety according to An Bunhak, the ACRA director. ACREA intends ...
http://www.phnompenhpost.com/index.php/2011072750659/National-news/migrant-workers-delayed.html
Workers urge Angkor boycott
Angkor beer workers have been handing out flyers calling for a protest of the brand owned by Cambrew Ltd as the beer promoter strike entered its second day. International NGOs are being urged by the Cambodian Food Service Workers’ Federation to support the strikers by ...
http://www.phnompenhpost.com/index.php/2011072750661/National-news/workers-urge-angkor-boycott.html
Brown Coffee Chain Expands With Third Store
What do three Cambodian teenage girls, a French T-shirt designer, a Japanese doctoral student and a Cambodian businessman have in common? On Thursday afternoon, they were all captured by the appeal of BRow Coffee and Bakery on street 214. The value of this crowd of ...
Climate change on agenda
Prime Minister Hun Sen yesterday called for greater regional cooperation to tackle a range of environmental problems in the Greater Mekong Sub-region, but did not specifically address the threat posed by dams. “I call on all countries in the Greater Mekong Sub-region to place more emphasis ...
http://www.phnompenhpost.com/index.php/2011072950721/National-news/climate-change-on-agenda.html
Fears grow for buildings
The colonial-era buildings damaged by a construction site along Phnom Penh’s bustling riverfront are under threat of imminent collapse, a structural engineer who examined the area said yesterday. Local company Vattanac yesterday complied with local authority demands to halt construction at the Sisowath Quay site – ...
Derek Stout and Phak Seangly
http://www.phnompenhpost.com/national/fears-grow-buildings
Malaysian interest up in Cambodia’s land concessions
Lion Forest Industries Berhad will seek to acquire a 9,995 hectare concession in Cambodia, the latest in a number of Malaysian firms eyeing the Kingdom to increase land banks this year. The firm aims to cultivate rubber and palm oil on the proposed concession in Preah ...
Silver screen setting up
Sabay Company is set to open a cinema in Sorya Mall on August 4, aiming to become the second cinema in as many months to show licenced films in the Kingdom, Sabay Chief Commercial Officer Abhaya said yesterday. Legend cinema began showing primarily Hollywood movies in ...
http://www.phnompenhpost.com/index.php/2011072950715/Business/silver-screen-setting-up.html
Coffee beans are on the boil
Coffee plantations in Cambodia’s northeast are struggling to keep up with rising international demand for the increasingly lucrative beans, farmers and traders said. Orders for Cambodian-grown coffee beans from countries such as Japan and Korea as well as domestic demand has increased rapidly, while prices have ...
http://www.phnompenhpost.com/index.php/2011072950714/Business/coffee-beans-are-on-the-boil.html
Loran owners resolve dispute, end lawsuits
Disputes between owners at prominent rice miller Loran Import Export Company have been resolved, with Chief Executive Officer Lim Bunheng set to buy the stake held by prominent media personality Soy Sopheap and his associates, company officials said yesterday. “We have agreed to end all disputes ...
Cambodia eyes solar future for rural power
Cambodian officials yesterday touted the potential for green energy to meet its goal of bringing electricity to 100 percent of households by 2020. The Kingdom was looking to develop solar energy, small-scale hydropower and biomass-fuelled power to meet the target, said Ministry of Industry, Mines and ...
Vattanac: A Tale of Two City Developments
Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...
City to Assess Damage to Riverside Buildings
Daun Penh district deputy governor Sok Penhvuth said yesterday that he had ent Phnom Penh Municipality a time line of events at a Vattanac Properties construction project that has severely damaged buildings along Phnom Penh’s Sisowath Quay. The report was sent ahead of the creation ...
Planned Multimillion-Dollar Sugar Plantation Suspended
Mong Reththy Group has suspended a $115 million sugar plantation project that has been three years in the works, CPP Senator Mong Reththy said yesterday. According to Mr Reththy, the suspension is due to “internal” issues facing the French partner in the project, Groupe Sucres ...
CPP Senator’s Sugar Plantation Land Dispute Case Goes to Trial
Describing a 5,000-hectare land dispute between Koh Kong villagers and a sugar company owned by CPP Senator Ly Yong Pgat as “a complicated case,” Koh Kong Provincial Court has decided to try it before a three-judge panel, a lawyer for the villagers said yesterday. The ...
Cambodian Rubber Exports Increase 84%
Rubber exports from Cambodia increased 84 percent in the first six months of 2011 compared to the same period last year, according to figures released by Camcontrol, the government’s import-export inspection agent. Cambodia exported 21,511 tons of rubber, worth $102 million, during the first half ...
Crocodile Farmers Plagued by Volatile Market
Crocodile farmers are feeling the pinch after a year of volatile crocodile prices and market demand. Despite the spike in crocodile prices late last year – which followed on the heels of worrying lows between 2005 and 2007 – demand for the live exports of ...
Kratie land dispute meet
Local authorities told residents of Kratie province’s Snuol district that they would not allow a private company to plant crops on their land during a meeting yesterday. Poeng Vin, chief of Pi Thnou commune, said that local authorities would measure land belonging to hundreds of ...
http://www.phnompenhpost.com/index.php/2011072850687/National-news/kratie-land-dispute-meet.html
Inside look at ‘fainting’ factory
After a three-day standstill at a Puma supplier, shoemakers returned this morning to the factory floors in Phnom Penh where 49 workers reportedly fell ill Monday morning. Huey Chuen factory Assistant General Manager Zhang Hanchang – who led reporters from The Post through the empty factory ...
Armed police crack down on protest
Three women were slightly injured while participating in a strike of about 500 workers outside the Zongtex Garment Factory in Phnom Penh’s Dangkor district yesterday, a union representative said yesterday. Suos Sokha, head of the Rights and Profit Workers Federation of Trade Unions, said yesterday the ...
(By Tep Nimol, pg. 6)
http://www.phnompenhpost.com/index.php/2011072850683/National-news/armed-police-crack-down-on-protest.html