News

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

CEDAC, a domestic agriculture development organisation and the Kingdom’s largest distributor of natural honey, will shrink its purchases of the commodity in the face of rising prices, the company’s president says. Yang Saing Koma said the group would not reach its goal of buying 7,000 ...

Cambodian Prime Minister Hun Sen on Monday inaugurated a 60 million U.S. dollar Khmer Brewery plant on the outskirts of Phnom Penh’s Dangkor district, urging the country’s beer manufacturers to produce for exports. ...

If it were a Group of 180 nations meeting, Cambodia would be invited. But the Kingdom’s chances of attending the so-called G20 summit, which brings together the world’s largest economies, are unlikely, says Mey Kalyan, a government adviser who last week became the first Cambodian to ...

Cambodian mobile operator Beeline has made an official announcement of the replacement of its general director, who the Post confirmed left the job on May 4, according to a company statement from the brand’s owner, Vimpelcom. ...

Thaicom Public Company Ltd., which owns a majority stake in local phone operator Mfone, announced on Friday that they have devalued the company by about $1.31 million as profits in the first quarter dropped by half. “In an effort to reflect the fair value of its ...

Community activists and conservationists commemorating slain environment activist Chut Wutty on the weekend used the occasion to shed light on what they allege are the shadowy practices of a logging company in the southwestern Cardamom forests. Activists amongst the hundreds of people who travelled to Koh ...

More than 800 workers from Su Tong Fang factory in Phnom Penh’s Russei Keo district will end their two-week protest and return to work on Thursday after reaching an agreement with their bosses, their union representative said yesterday. ...

Srey ambel district, Koh Kong province – A roadblock by locals in a long-running land dispute with CPP Senator Ly Yong Phat petered out after several hours in the dying rain on Saturday without the protesters winning any concessions from either the senator’s firm or ...

It took angry motorists rather than government officials or police officers to persuade more than 200 protesting villagers to clear road 48 in Koh Kong province yesterday morning after they blocked it for almost 24 hours, a human rights group representative said. The villagers, involved in ...

In order to pacify concerns that filling in Phnom Penh’s Boeng Kak lake would lead to flooding, it was claimed by officials that 10 hectares of the 90-hectare lake would be preserved to absorb heavy rainfall. Now, four years after sand began streaming into Boeng Kak, ...

One of Cambodia’s true rags-to-riches success stories is that of Din Somethearith, co-founder and executive director of Frangipani Villa Hotels. Frangipani, named for the blossoming tree, is a chain of boutique hotels, one of which is located just off Street 178 at number 43, down a ...

Prime Minister Hun Sen lauded the capability of local Cambodian investors who can build factories by their own efforts on May 14 during the inauguration ceremony of the US$-60 million Cambodia Beer Factory, which is totally owned by Cambodians. ...

TTY director-general Na Marady, a well-known Cambodian tycoon, has been accused of owing money to farmers from whom he bought potatoes on credit more than a year ago in Memot district’s Koki and Kompoan communes in Kampong Cham province. The villagers complained on Friday that Na ...

U.N. human rights envoy to Cambodia Surya Subedi wrapped up his seventh mission to Cambodia on Friday, saying that his own assessments of land concessions confirmed that they are being unfairly granted and leaving many communities out in the cold. Mr. Subedi said that meetings held ...

Cambodia needs to improve the skills of its workforce if it is to compete and benefit from Asean’s plan for greater integration and the free flow of skilled labor within the region by 2015, Minister of Labor Vong Sauth said on Friday at the Asean ...

Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...

The Dutch mobile telephone operator Beeline has replaced its general manager Gael Campan with Siddhanta Kothari, who previously worked in Vietnam as chief financial officer of GTel Mobile JSC, a subsidiary of Beeline’s owner VimpelCom. Beeline spokeswoman Nhem Socheata said on Friday that the change in ...

Mondol Seima district, Koh Kong province – It was a gesture the late conservationist and outspoken anti-logging activist would have appreciated. After blessing the site where Chut Wutty was shot dead just over two weeks ago under still mysterious circumstances in this remote patch of the ...

The Philippines may decide to choose Cambodia to supply some of the rice it needs to boost its buffer stocks, Agriculture Secretary Proceso Alcala said on Friday. Alcala said the government still has to buy 120,000 metric tons of rice to fill the 500,000 metric tons ...

Prime Minister Hun Sen yesterday repeated a call for Asean countries to put a stop to the exploitation of migrant workers and urged the acceleration of efforts to provide protection for such workers. At the Asean Summit last month, Mr. Hun Sen said that protecting the ...

One of the first things UN Special Rapporteur Surya Subedi did on his week-long fact-finding mission in Cambodia was visit the grave of slain environmentalist Chut Wutty. It wasn’t on the itinerary, but Subedi, rapporteur on the situation of human rights in Cambodia, said he wanted ...

Australian mining firm OZ Minerals announced yesterday that it has successfully sold its Cambodian mining assets to Renaissance Minerals Limited for AU$17.8 million, or $19.2 million, after years of disappointing gold exploration results here. According to the statement, Renaissance now controls the 1,100-square-km core of the ...

Rainfall during this year’s dry season and fewer farmers cultivating tobacco has resulted in a shortage of raw tobacco and a steep price increase, industry officials and farmers said yesterday. Tola Ponlu, head of corporate and regulatory affairs at British American Tobacco (BAT) in Phnom Penh, ...