The Phnom Penh Post

Red carpet for Chinese investors

The high-profile investment conference, held under the tagline “Cambodia: The Kingdom of Opportunity Along The ‘One Belt, One Road”, saw representatives of more than 200 Chinese companies gather at a hotel conference centre on the outskirts of the capital. The full-day event was jointly organised ...

Joey Chua Xue Ting and Cheng Sokhorng
http://www.phnompenhpost.com/business/red-carpet-chinese-investors

Divisions over map proposal

Opposition leader Sam Rainsy has said he believes Prime Minister Hun Sen’s recent push to convert the maps of Cambodia’s border with Vietnam to a scale of 1:50,000 and a UTM-style map projection would not require a constitutional amendment. ...

Meas Sokchea and Alex Willemyns
http://www.phnompenhpost.com/national/divisions-over-map-proposal

New push for ILO conventions

Female workers across multiple sectors yesterday urged two ministries to ratify International Labour Organization conventions to ensure protections for expectant mothers and domestic workers, the latter of whom are not even covered under Cambodia’s Labour Law. ...

Sen David and Ananth Baliga
http://www.phnompenhpost.com/national/new-push-ilo-conventions

Fresh push for contract farming

Frustrated with the failure of a $27 million emergency loan package to help rice farmers find a fair market price for their crop and stem the tide of smuggled paddy across the borders, Agriculture Minister Veng Sokhon is flogging a new model for the nation’s ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/fresh-push-contract-farming

Drive to register wraps for NEC

An official from the National Election Committee said yesterday the body was pleased to have registered more than 80 percent of Cambodia’s estimated 9.6 million eligible voters over the past three months, blaming overzealous estimates of available eligible voters, deaths and the weather for coming ...

Bun Sengkong
http://www.phnompenhpost.com/national/drive-register-wraps-nec

Don Sahong dam ‘no problem’, says premier

Just weeks after Laos announced its plans to begin constructing a third mainstream dam in the Lower Mekong River region, Prime Minister Hun Sen used a bilateral meeting with his Laotian counterpart to signal that the controversial Don Sahong dam will no longer receive opposition ...

Vong Sokheng and Cristina Maza
http://www.phnompenhpost.com/national/don-sahong-dam-no-problem-says-premier

CNRP to meet NEC over voter registration ‘problems’

The opposition party will meet with the National Election Committee this morning to discuss a number of “problems” with the voter registration process, highlighting that 2 million people could lose their right to vote at upcoming elections. ...

Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-meet-nec-over-voter-registration-problems

Minebea readies third factory

Japanese electronics manufacturer Minebea expects to complete construction of its third factory in Cambodia by the end of the year, allowing the company to diversify its operations toward more value-added products, a company official said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/minebea-readies-third-factory

Deeper water expected to yield more fish

Just weeks ahead of the main fishing season on the Tonle Sap river, which supplies the majority of the fish used in the Kingdom’s traditional cooking sauce, prahok, government officials are predicting a better catch this season as water levels have recovered from last year’s ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/deeper-water-expected-yield-more-fish

Banned rosewood trade up

Despite the presence of a blanket ban by the Cambodian government on all trade in Siamese rosewood since 2013, exports of the precious timber to Vietnam increased in the third quarter of this year, according to Vietnamese customs data compiled by US-based NGO Forest Trends. ...

Jack Davies
http://www.phnompenhpost.com/national/banned-rosewood-trade

Pepper plantation to tip the scales

A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...

Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/pepper-plantation-tip-scales

Over 3.76B riel swapped in banknote exchange

The Central Bank announced on Monday that it exchanged 3.76 billion of old and worn Khmer riel banknotes (equivalent to $930,091) to new notes during its “Loving Riel Notes”, campaign which lasted five days during the Pchum Ben holiday. ...

Post Staff
http://www.phnompenhpost.com/business/over-376b-riel-swapped-banknote-exchange

Central Bank puts 40B riel up for bid in LPCO

The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...

Post Staff
http://www.phnompenhpost.com/business/central-bank-puts-40b-riel-bid-lpco

Vietnam logging numbers being ‘verified’: official

Vietnamese customs data showing that Cambodia exported at least $121 million of woodthis year are currently being investigated by government officials, according to Environment Ministry Undersecretary of State Eang Sophalleth. ...

Jack Davies and Mech Dara
http://www.phnompenhpost.com/national/vietnam-logging-numbers-being-verified-official

New Laos dam draws criticism

News that Laos will move ahead with the proposed 912-megawatt Pak Beng dam, which would be the third mainstream dam in Laos’ Lower Mekong River, has sparked criticism from environmental groups who say downstream countries should decide the fate of potentially harmful development projects. ...

Cristina Maza
http://www.phnompenhpost.com/national/new-laos-dam-draws-criticism

New fertiliser venture aims to satisfy growing demand

Fertiliser manufacturer Nangoku Agriculture Development, a Japanese-Cambodian joint venture, launched operations yesterday with the aim of supplying locally manufactured fertilisers to Cambodian farmers at affordable prices.​ ...

Steel firm mulls factory in SSEZ

A Chinese steel company is in talks with Sihanoukville Special Economic Zone (SSEZ) to set up an industrial facility in the zone, a marketing executive said on Saturday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/steel-firm-mulls-factory-ssez

120 students poisoned by school snack in Oddar Meanchey

About 120 students at a Christian school in Oddar Meanchey’s Trapaing Prasat district came down with food poisoning after consuming a dessert served by the school on Wednesday, though officials confirmed that all were “recovering well”.​ ...

Touch Sokha
http://www.phnompenhpost.com/national/120-students-poisoned-school-snack-oddar-meanchey

Mango producers struggle to meet Korean standards

It has been nearly a year since the government signed a memorandum of understanding with South Korea that aimed to put Cambodian mangoes on the shelves of supermarkets in Seoul, yet local producers say there is little sign of any movement. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/mango-producers-struggle-meet-korean-standards

Government considers a tax on carbon aviation

Cambodia is considering adopting an aviation tax for flights leaving the Kingdom, local media reported yesterday. The announcement came as Environment Minister Say Samal delivered remarks at the COP22 UN Climate Conference in Morocco. The conference comes one year after the historic signing of the Paris ...

Post Staff
http://www.phnompenhpost.com/business/government-considers-tax-carbon-aviation

Kem Sokha headed to National Assembly

CNRP vice president Kem Sokha will next week leave the safety of the opposition’s headquarters in Phnom Penh for only the second time since police attempted to arrest him six months ago, with a party official saying he plans to attend Tuesday’s sitting of parliament. ...

Meas Sokchea
http://www.phnompenhpost.com/national/kem-sokha-headed-national-assembly

CNRP leader diversifies social media playbook

Opposition leader Sam Rainsy has waded into the Twittersphere, using his first tweet to congratulate US President-elect Donald Trump on his victory, and later calling on the few Cambodians who use the site to register to vote in next year’s commune elections.   ...

Alex Willemyns
http://www.phnompenhpost.com/national/cnrp-leader-diversifies-social-media-playbook

Entrepreneurship to be taught in the classroom

Education Minister Hang Chuon Naron has unveiled a plan to add coursework on entrepreneurship to the school and university curricula starting in the next academic year, state news agency AKP said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/entrepreneurship-be-taught-classroom

SVI to lay groundwork on electronics plant

A Cambodian subsidiary of Thai electronics manufacturing services company SVI Plc is moving closer to commencing construction on a factory on the outskirts of Phnom Penh that will manufacture electronics equipment for export to the US and Europe, a company representative said yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/svi-lay-groundwork-electronics-plant

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