The Phnom Penh Post

Tickets now allow more days of access to Angkor

Angkor Enterprise has extended the period of validity for entry tickets to Angkor Archaeological Park in a move to revive tourism to the sprawling temple complex, it said in a March 10 press release. ...

Thou Vireak
https://www.phnompenhpost.com/business/tickets-now-allow-more-days-access-angkor

Banteay Meanchey solar farm adds 39MW to national grid

A 39MW solar power plant in far northwestern Cambodia’s Banteay Meanchey province has been successfully brought to the national grid, Shenzhen-listed solar development company JA Solar Technology Co Ltd said in press release on March 10. ...

Thou Vireak
https://www.phnompenhpost.com/business/banteay-meanchey-solar-farm-adds-39mw-national-grid

CLV PMs talk trade, investment

Cambodia, Laos and Vietnam (CLV) on March 10 reaffirmed their commitment to boost border trade and investment with a specific focus on the construction of border markets and to improve customs clearance procedures. ...

Thou Vireak
https://www.phnompenhpost.com/business/clv-pms-talk-trade-investment

Donations pour in for gov’t fight against Covid-19

Private donors have announced a donation of funds to the Cambodian government to assist with the ongoing battle against Covid-19. Germany has also announced the provision of an additional €4.8 million donation.  ...

Mom Kunthear
https://www.phnompenhpost.com/national/donations-pour-govt-fight-against-covid-19

Provinces tighten travel restrictions

Authorities in some provinces have restricted entry at their borders by setting up checkpoints and requiring travellers suspected of any exposure to persons or places linked to the February 20 community outbreak of Covid-19 to quarantine for 14 days. ...

Long Kimmarita
https://www.phnompenhpost.com/national/provinces-tighten-travel-restrictions

Koh Kong land dispute complicated by irregularities

The Koh Kong Provincial Administration has instructed Botum Sakor district authorities to collect the names of the 131 families affected by Sinomexim Investment Co Ltd in Andong Teuk commune and identify those who have sold land to traders in order to compile the basic information ...

Nov Sivutha
https://www.phnompenhpost.com/national/koh-kong-land-dispute-complicated-irregularities

Kingdom, VN, Laos strike Covid deal

Cambodia, Vietnam and Laos have vowed to strengthen cooperation and agreed to mutually provide free Covid-19 vaccinations to diplomats and students residing in the countries. ...

Niem Chheng
https://www.phnompenhpost.com/national/kingdom-vn-laos-strike-covid-deal

China customs size up mangoes

A team from China’s General Administration of Customs (GACC) on March 10 conducted a virtual inspection of three Cambodian mango farms and four treatment facilities to ensure that they are fit for export, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...

Thou Vireak
https://www.phnompenhpost.com/business/china-customs-size-mangoes

Firm eyes Svay Rieng to set up tyre factory

According to a feasibility study revealed in a report published by Tyrepress Media, the tire-maker is interested in building a facility within Svay Rieng province’s QiLu (Cambodia) Special Economic Zone that is capable of making five million semi-steel radials a year. ...

Thou Vireak
https://www.phnompenhpost.com/business/firm-eyes-svay-rieng-set-tyre-factory

Czech firm ramps up pepper orders

Czech-Cambodian firm EU Land and Pepper Investment Co Ltd has vowed to buy 50 per cent of all produce cultivated by its contracted smallholder growers this year to ramp up exports, with the European market in its sights. ...

May Kunmakara
https://www.phnompenhpost.com/business/czech-firm-ramps-pepper-orders

Progress lifts hopes for EAEU FTA

Prospects of a formal initiation of free trade agreement (FTA) talks with the Eurasian Economic Union (EAEU) have improved as early talks witness an increasingly positive sentiment, according to Ministry of Commerce spokesman Seang Thay. ...

Thou Vireak
https://www.phnompenhpost.com/business/progress-lifts-hopes-eaeu-fta

Covid delays WtE power plant

The prolongation of the Covid-19 outbreak has led to a delay in a feasibility study of building a waste-to-energy (WtE) plant with at least 50MW of total electricity generating capacity near Phnom Penh, according to Ministry of Mines and Energy spokesman Victor Jona. ...

Hin Pisei
https://www.phnompenhpost.com/business/covid-delays-wte-power-plant

Canada farm inks MoU with Prek Leap agriculture college

Toronto-listed Asia Green Biotechnology Corp (AGB) has inked a memorandum of understanding (MoU) with the Prek Leap National Institute of Agriculture in Phnom Penh (Prek Leap) to advance production techniques of medicinal and commercial crops. ...

May Kunmakara
https://www.phnompenhpost.com/business/canada-farm-inks-mou-prek-leap-agriculture-college

Cassava prices jump on lacklustre harvest

Cassava prices in the provinces bordering Thailand and Vietnam increased during the 2020-2021 harvest season as a result of lower crop yields, according to two top provincial commerce officials. ...

Thou Vireak
https://www.phnompenhpost.com/business/cassava-prices-jump-lacklustre-harvest

Kampot salt harvest trails behind

Kampot, Cambodia’s leading salt producing province, is expected to yield less of the commodity than reported last year on adverse weather conditions, provincial Department of Industry, Science, Technology and Innovation director Sok Kim Choeun told The Post on March 8. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampot-salt-harvest-trails-behind

ISPs revel in ministry’s legal threat to unlicensed telcos

The private sector welcomed the Ministry of Posts and Telecommunications newest warning to unlicensed or otherwise non-legally-compliant telecoms operators as a necessary building block for sustainable growth in the industry. ...

May Kunmakara
https://www.phnompenhpost.com/business/isps-revel-ministrys-legal-threat-unlicensed-telcos

Container shortage, rising shipping costs takes bite out of mango exports

A global shortage of containers and rising shipping rates during the Covid-19 outbreak has driven up production costs for the Kingdom’s mangoes and eroded their competitiveness on the international market, according to two leading producers-cum-exporters. ...

Thou Vireak
https://www.phnompenhpost.com/business/container-shortage-rising-shipping-costs-takes-bite-out-mango-exports

Cambodia chalks up five oil wells

Singapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-chalks-five-oil-wells

Trade deficit with VN shrinks 6%

Trade between the Kingdom and Vietnam was worth $3.020 billion in 2020, inching down 1.1 per cent from $3.054 the previous year, according to Ministry of Commerce statistics. ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-deficit-vn-shrinks-6

CMA members restructure $1.4B in loans

Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...

May Kunmakara
https://www.phnompenhpost.com/business/cma-members-restructure-14b-loans

Business councils talk Thai trade

Two Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. ...

May Kunmakara
https://www.phnompenhpost.com/business/business-councils-talk-thai-trade

Agri-exports surge 55% in Jan-Feb

Cambodia exported a total of 1,599,922.37 tonnes of major non-milled-rice agricultural products in the first two months of this year, an increase of 569,493.88 tonnes or 55.27 per cent compared to the same period in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng ...

Thou Vireak
https://www.phnompenhpost.com/business/agri-exports-surge-55-jan-feb

Ministry invites exporters to expo in east China

The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29. ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-invites-exporters-expo-east-china

PWSA enjoys banner 2020

Stock-listed utility Phnom Penh Water Supply Authority (PWSA) reported strong growth and solid overall business performance last year despite economic disruptions caused by the Covid-19 pandemic. ...

May Kunmakara
https://www.phnompenhpost.com/business/pwsa-enjoys-banner-2020

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