The Phnom Penh Post
Palm oil yields up as crop matures
Export of crude palm oil from Mong Reththy Group, the Kingdom’s only active producer, doubled during the first half of the year despite prices showing no indication of improving, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/palm-oil-yields-crop-matures
Thais to build biomass plant for Phnom Penh
Thailand’s Sahacogen (Chonburi) Pcl, an independent producer and distributor of electricity and steam, will form a joint venture with Saha Patthana Inter Holding Pcl, the investment arm of Thailand’s Saha Group, to invest in biomass power plants in Cambodia and Myanmar, according to online business ...
Post Staff
http://www.phnompenhpost.com/business/thais-build-biomass-plant-phnom-penh
Russian cargo airline to add Cambodia flight
Russia’s largest cargo airline, AirBridge Cargo Airlines, will launch a weekly flight to Cambodia this month as part of its expansion of services in Southeast Asia, according to international media reports. ...
Post Staff
http://www.phnompenhpost.com/business/russian-cargo-airline-add-cambodia-flight
Angkor Wat continues to lure foreign tourists
Revenue from ticket sales at the Angkor Archaeological Park complex in Siem Reap province, the site of Angkor Wat, increased slightly during the first half of the year, compared to the same period in 2015, new figures from the state-run Angkor Institution show. ...
Post Staff
http://www.phnompenhpost.com/business/angkor-wat-continues-lure-foreign-tourists
Payment card gains traction
MasterCard, the plastic payment-card brand of global financial services firm MasterCard Worldwide, has been present in the Kingdom since 2001, but until recently it was relatively unknown to most Cambodians. However, there are signs its signature debit and credit cards are poised for robust growth ...
Cam McGrath and Hor Kimsay
http://www.phnompenhpost.com/business/payment-card-gains-traction
Wing to process business registry fees
The Ministry of Commerce has tapped Wing (Cambodia) Ltd Specialised Bank to be the fourth financial institution designated to handle payments for companies incorporated using the ministry’s online registration system. ...
Hor Kimsay
http://www.phnompenhpost.com/business/wing-process-business-registry-fees
Cambodia's economic status raised to lower-middle income
The World Bank has officially revised the status of Cambodia’s economy, moving it up a rung from the low-income bracket into lower-middle income territory – a reclassification that economists expect will lead to a scale-back of foreign aid and preferential trade access over the coming ...
Cam McGrath and Hor Kimsay
http://www.phnompenhpost.com/business/cambodias-economic-status-raised-lower-middle-income
Ongoing challenges in Kingdom's efforts to end domestic violence
Slow action from courts and police, a dire lack of mental health counselling and sparse government funding were named as ongoing challenges in Cambodia’s quest to eliminate violence against women at a conference yesterday. ...
Erin Handley and Chin Sreyleap
http://www.phnompenhpost.com/national/ongoing-challenges-kingdoms-efforts-end-domestic-violence
K Mile Air launches air freight service
Thai airline K Mile Air launched cargo flights between Bangkok and Phnom Penh yesterday, adding to Cambodia’s growing network of air freight connections, an aviation official said. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/k-mile-air-launches-air-freight-service
RCAF officials told to protect the gov’t
Security officials were again exhorted yesterday to protect the “legitimate government” and block any “colour revolution” that threatens it in a meeting of senior Royal Cambodian Armed Forces staff to discuss work conducted over the first six months of the year. ...
Vong Sokheng
http://www.phnompenhpost.com/national/rcaf-officials-told-protect-govt
UNESCO push will clear villagers off of Kulen Mountain
Hundreds of villagers living on Siem Reap’s historic Phnom Kulen are reeling after the government announced they would be relocated as part of a scheme to secure a UNESCO World Heritage Listing for the site. ...
Thik Kaliyann
http://www.phnompenhpost.com/national/unesco-push-will-clear-villagers-kulen-mountain
Rice industry body president gets wary vote of confidence
Cambodia’s apex rice industry body held its annual general meeting on Saturday, with its members unanimously re-electing its well-connected incumbent president, Sok Puthyvuth, for a second term in what some are calling a dress rehearsal for his political ascendancy. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-industry-body-president-gets-wary-vote-confidence
Election staffing set to kick off on Wednesday
Recruitment of 741 short-term contract staff to help prepare for next year’s commune elections will begin on Wednesday, according to the National Election Committee’s spokesman. ...
Vong Sokheng
http://www.phnompenhpost.com/national/election-staffing-set-kick-wednesday
Cambodia's factories improving, report finds
The latest Better Factories Cambodia report has found that 47 per cent of 381 assessed factories complied with its most important working conditions – up from 28 per cent in 2014. ...
Ananth Baliga and Sen David
http://www.phnompenhpost.com/national/cambodias-factories-improving-report-finds
SE Asian startups poised for growth
Golden Gate Ventures recently closed a new $60 million fund for Southeast Asia’s rapidly-growing startup ecosystem. ...
Another setback for online company registration goal
The Ministry of Commerce has extended the deadline for companies to register online after yet another poor response to its automated online business-registration system, a ministry official said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/another-setback-online-company-registration-goal
Land dispute resolution teams unveiled
The Ministry of Land Management, Urban Planning and Construction unveiled the team members and case loads of the 27 land dispute resolution teams it announced it was creating on June 3 in an effort to more quickly handle such conflicts. ...
Pech Sotheary and Donna M Airoldi
http://www.phnompenhpost.com/national/land-dispute-resolution-teams-unveiled
FA seizes 12 trucks with illegal wood in Kratie
Kratie Forestry Administration forces in cooperation with provincial armed forces seized 12 trucks laden with illegal timber yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/fa-seizes-12-trucks-illegal-wood-kratie
Officials deny claims of plan to quash disabled busking
Government officials yesterday denied claims of yet another planned crackdown on disabled street performers in the capital. ...
Pech Sotheary
http://bit.ly/299zgYM
Officials deny claims of plan to quash disabled busking
Government officials yesterday denied claims of yet another planned crackdown on disabled street performers in the capital. ...
Pech Sotheary
http://www.phnompenhpost.com/national/officials-deny-claims-plan-quash-disabled-busking
Fifth freedom to open Kingdom’s airspace
The National Assembly yesterday approved a draft law on the implementation of the fifth freedom of the air, a commercial aviation right that grants airlines the privilege of using Cambodian airports as a stop-over on scheduled flights between their home country and another country. ...
Hor Kimsay
http://www.phnompenhpost.com/business/fifth-freedom-open-kingdoms-airspace
Kingdom scores low on human capital index
A report released yesterday by the World Economic Forum (WEF) underscores Cambodia’s poor performance at educating and training its citizens in order to develop a competitive workforce and put their skills to productive use. ...
Cam McGrath
http://www.phnompenhpost.com/business/kingdom-scores-low-human-capital-index
Cambodia eyes more trade with Hong Kong
The Ministry of Commerce received a visiting business delegation led by Bruno Luk, director of the Hong Kong Economic and Trade office in Singapore, Pao Hengdara, the ministry’s chief of cabinet, said yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/cambodia-eyes-more-trade-hong-kong
Hun Sen sees the signs of a strong economy
Cambodia’s economy will grow 7.1 per cent in 2016 while per capita income will reach $1,301 this year, Prime Minister Hun Sen said yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/hun-sen-sees-signs-strong-economy