News

Against the backdrop of the slight recovery by world economies, especially the US and Europe, two traditional markets for Cambodia, Asian Development Bank (ADB) deputy country director Peter Brimble sat down with the Post’s group business editor, May Kunmakara, to talk about Cambodia’s economic performance, ...

Construction is due to start shortly on a socially responsible sun-glass case and cleaning cloth factory in Siem Reap. Pactics produces 40 per cent of cases and cloths for the larget sun-glass factory in the world, Luxottica, which has brands including Ray Ban, Oakley and ...

First, agricultural company DM group displaced them, now a recently arrived commercial farmer has threatened their lives and chased them off their new land, said representatives of 12 families engaged in a long-standing land dispute in Ratanakkiri province. On Wednesday, the 12 Tampuon ethnic minority families ...

Customs and Excise Department officials are complaining that a promised salary bonus meant to serve as an incentive to avoid corruption has yet to be doled out, even though the program began last June. The initiative, managed by the Ministry of Economics and Finance, was supposed ...

A Vietnamese rubber company in Ratanakkiri province’s O’Yadaw district yesterday agreed to pay $4,000 in compensation to an ethnic Jarai community whose traditional graveyard was bulldozed by the firm last week, local officials said. During a meeting at the Paknhai commune police station, representatives of the ...

The government’s Human Rights Committee has visited villagers in a long-running land dispute in Battambang province to find out whether members of their community have been unfairly imprisoned in recent years for land encroachment, local authorities and villagers said yesterday. Officials from committee, which is headed ...

The Ministry of Industry and Trade (MIT), in conjunction with the Cambodian Ministry of Commerce, held the 5th Conference on Vietnam-Cambodia Border Trade Development Cooperation in southern Binh Phuoc province on January 9. According to Minister of Industry and Trade Vu Huy Hoang, bilateral economic ...

Fixed-duration contracts (FDCs) are in the sights of Cambodian Confederation of Unions president Rong Chhun, who yesterday urged Prime Minister Hun Sen to outlaw their use in the garment and footwear industries. Chhun said the cancellation of such contracts would provide better conditions and job security ...

A coalition of NGOs has called on Cambodia’s National Mekong Committee (CNMC) to push for the Xayaburi dam to be added to the agenda of a regional Mekong River meeting next week. Chhith Sam Ath, executive director of NGO Forum on Cambodia, said it was disappointing ...

At least one internet service provider in Cambodia still claims to have overlapping frequencies, which means losses for the affected company MekongNet. The company’s chief executive, Sok Channda, reported that the internet service provider can’t use the frequencies that were supposed to cover the WiMAX service, ...

In a sign that they no longer have faith in the court system, more than 100 villagers in Kampong Chhnang province placed their fates in the hands of a higher power yesterday, and prayed for misfortune to rain down on a company with whom they’ve ...

The International Monetary Fund has warned that a credit boom in Cambodia poses a threat to economic growth. Banks have been cutting interest rates to win customers and private sector credit has increased by almost a third in the past 12 months, the fund said. This ...

It has been just over a year since Vancouver-based Angkor Gold (ANK-V) went public with its stable of Cambodian exploration projects, and it is looking like the company’s early mover strategy in the developing Southeast Asian nation might be poised to pay off. To kick ...

More than seven months after government security forces violently evicted hundreds of people living in Kratie province’s Broma village to quell a so-called secessionist movement, more than 70 families are still being prevented by patrolling soldiers from returning to the site of their former homes, ...

More than a month after halting construction around a disputed land concession in Ratanakkiri province, a Vietnam-based company has reportedly gone a step further and agreed to return 30 hectares of razed forest, a village representative and commune chief maintained yesterday. ...

Land prices in Cambodia continued to recover in the last half of 2012, especially in urban areas, following a collapse of the market in 2008, real estate investors say. Keuk Narin, vice president of Asia Real Estate Cambodia, told VOA Khmer that commercial land prices ...

The U.K.-based life insurer, Prudential Plc, on Wednesday announced the commencement of its life insurance operations in Cambodia, according to the firm’s press release. Alongside the launch of its business operations, Prudential Cambodia and Acleda Bank, the largest commercial bank in Cambodia, also announced the establishment ...

After delaying mass production of the Angkor Car because of technical difficulties with starting the engine and opening the doors, Heng Development Co. Ltd. on Monday unveiled a new model and said it had severed ties with the Hong Kong-based firm responsible for the original ...

Prime Minister Hun Sen yesterday told the newly appointed Thai Ambassador Touchayoot Pakdi that border checkpoints between the two countries need to remain open in order to promote trade and tourism and combat border crimes. Mr. Hun Sens remarks to Mr Pakdi came during a ...

Cambodia is preparing to conserve the capital’s disappearing cyclos or rickshaws, which used to be a popular means of transport during the French colonial rule about 80 years ago. Cyclo is a three-wheeled bicycle with the driver perched on high above the rear wheel, and the ...

An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEO at Blue Star Strategies, met with ...

The government of Cambodia has collected 740 million U.S. dollars of tax in 2012, a 25 percent rise year-on-year, the General Department of Taxation said Wednesday. The revenues have been collected from tax on profit, withholding tax, tax on salary, VAT (Value Added Tax), special tax ...

Exports of milled rice had fallen dramatically last year because of the poor quality of paddy rice, insiders said yesterday. Milled-rice producers told the Post that a large amount of paddy rice broke. From every 100 kilograms of paddy rice, 20 to 23 kilograms of milled rice ...

When the harvest season for Kampot pepper starts next month, farmers in Kampot province expect this year’s crop to yield more than 17 percent above last year, a representative of the farmers said. Nguon Lay, president of the Kampot Pepper Association, said last week that ...