News

Emerald’s gold prospects improve

The Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province released its definitive feasibility study (DFS) yesterday, confirming its predictions of 1.14 million ounces in gold reserves while reducing its projected investment costs for extraction. ...

Kali Kotoski
http://www.phnompenhpost.com/business/emeralds-gold-prospects-improve

Foreign Minister on US mission

Foreign Minister Park Sokhornn will be at the White House on Thursday for the first meeting between Asean foreign ministers and US Secretary of State Rex Tillerson since the new administration of President Donald Trump took office in January.   ...

Ros Chanveasna
http://www.khmertimeskh.com/news/37938/foreign-minister-on-us-mission/

Cambodia-China cooperation

Cambodia and China reiterated their commitment to speed up the construction of the Phnom Penh to Sihanoukville super highway and the building of a new airport in Siem Reap, according to the government’s Press and Quick Reaction Unit yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/37923/cambodia-china-cooperation/

Aeon plans grocery store chain

Aeon plans to open the stores across the capital and surrounding provinces following the success of its flagship 68,000 square-meter mall, which opened in 2014. ...

May Kunmakara
http://www.khmertimeskh.com/news/37928/aeon-plans-grocery-store-chain/

Russia to pursue gas in Thai-Cambodian shelf

Russia’s state-owned energy giant Gazprom is considering gas production on the continental shelf of Thailand and Cambodia, Russian media reported on Friday. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/russia-pursue-gas-thai-cambodian-shelf

Construction workers call for baseline wage

A day ahead of May Day, the Building and Wood Workers Trade Union Federation of Cambodia held a small rally outside the National Assembly demanding the inclusion of construction workers within the minimum wage framework and new guidelines for workplace safety. ...

Ananth Baliga
http://www.phnompenhpost.com/national/construction-workers-call-baseline-wage

Unions plan for thousands to join banned Labor Day march

Thousands of workers will once again defy government orders and march through central Phnom Penh this morning to mark International Labor Day, the president of one of Cambodia’s largest independent labor unions said on Monday. ...

Ben Sokhean
https://www.cambodiadaily.com/news/unions-plan-for-thousands-to-join-banned-labor-day-march-128928/

Two arrested with luxury-grade wood on bus

Police in Ratanakkiri province Thursday’stopped a bus and arrested two Vietnamese men—the driver and a bus company employee—who were attempting to transport about 300 kg of luxury-grade timber across the border to Vietnam, officials said. ...

Aun Pheap
https://www.cambodiadaily.com/news/two-arrested-with-luxury-grade-wood-on-bus-128820/

Ministry loves company

About 130 villagers and more than 20 of their children demonstrated in front of the Ministry of Land Management from 8am to noon yesterday, demanding that the government exclude their villages from a proposed development plan and protect their homes by granting them land titles. ...

Sen David
http://www.phnompenhpost.com/national/ministry-loves-company

Forests cleared in Koh Kong protected areas

Around 600 hectares of the protected Southern Cardamom National Park in Koh Kong have been illegally cleared and sold off for cultivation since 2013, sometimes by local authorities, according to the conservation organisation Wildlife Alliance. ...

Phak Seangly
http://www.phnompenhpost.com/national/forests-cleared-koh-kong-protected-areas

E-commerce slowed by government: report

The key ingredients for e-commerce adoption are in place in Cambodia but many specific measures need to be addressed by both the private and public sector before the Kingdom can tap into the huge opportunities offered by a digital economy, according to a new report ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/e-commerce-slowed-government-report

Boeung Kak lake dispute ‘closed’

Phnom Penh City Hall yesterday washed its hands of the decadelong contentious Boeung Kak lake issue, saying it was closing its conflict resolution process, leaving seven families who had refused to accept the government’s offers in the lurch. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/boeung-kak-lake-dispute-closed

Pig farmers form taskforce to curb illicit smuggling

Cambodia’s pig farmers created a new taskforce yesterday to combat pig smuggling along Cambodia’s borders that is leading to falling prices for domestic producers. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/pig-farmers-form-taskforce-curb-illicit-smuggling

Renewables start to gain traction

Solar power is slowly gaining momentum in Cambodia as a viable source of electricity for the country’s growing energy needs, though stakeholders are anxious to see a real government commitment to establish a beneficial regulatory framework. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/renewables-start-gain-traction

PM calls on US to revise law

Prime Minister Hun Sen yesterday defended himself from critics who claim the massive flow of workers leaving the country is indicative of a lack of development at home, and sought to clarify any misunderstanding on Cambodia’s recent request to amend a repatriation agreement with the ...

Touch Sokha
http://www.phnompenhpost.com/national/pm-calls-us-revise-law

Cambodia-Vietnam expressway

Cambodia and Vietnam are pushing forward with plan to develop an expressway between Phnom Penh and Ho Chi Minh City, according to the Ministry of Public Works and Transportation. ...

Chea Vannak
http://www.khmertimeskh.com/news/37805/cambodia-vietnam-expressway/

Acleda launches smart phone app

Acleda Bank on Tuesday launched a smart phone app in an effort to reach low-income earners who do not use banks.​ Unity ToanChet, a Fin-Tech application, lets customers carry out transactions anywhere and at any time. ...

Sok Chan
http://www.khmertimeskh.com/news/37801/acleda-launches-smart-phone-app/

Storms to rage until next month

The Ministry of Water Resources and Meteorology has issued another bad weather advisory, warning storms will continue until the start of next month. ...

Mom Kunthear
http://www.khmertimeskh.com/news/37819/storms-to-rage-until-next-month/

ADB gives Kingdom $9.2M loan for solar farm

The Asia Development Bank (ADB) announced yesterday that it will provide a $9.2 million loan to Singapore-based energy provider Sunseap Group for the construction of Cambodia’s first large-scale solar farm. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/adb-gives-kingdom-92m-loan-solar-farm

New instruments, but old venue woes for blind musicians

The Social Affairs Ministry has purchased $150,000 worth of musical instruments and sound equipment for Phnom Penh’s blind musicians in a bid to persuade them to perform in designated spaces, though many worry that restricted venues will limit their income. ...

Buth Kimsay
https://www.cambodiadaily.com/news/new-instruments-but-old-venue-woes-for-blind-musicians-128694/

General Electric signs sales agreement for 135Mw coal plant

Us-based energy giant General Electric (GE) signed a sales agreement yesterday to outfit the new 135-megawatt coal-fired plant in Preah Sihanouk province that is being constructed by a subsidiary of Japanese electronics manufacturer Toshiba. ...

Hor Kimsay
http://www.phnompenhpost.com/business/general-electric-signs-sales-agreement-135mw-coal-plant

Chinese sign real estate partnership

The Cambodia Valuers and Estate Agents Association (CVEA) and Emerald Plus Property Service Management (EPPSM) struck a deal with Dae Yang Constructor and Real Estate Association from Sichuan Province to help each other find investment, development and trading opportunities. ...

Sum Manet
http://www.khmertimeskh.com/news/37800/chinese-sign-real-estate-partnership/

Rubber prices soar by 132pct

Cambodian rubber exports increased 32 percent during the first three months of the year compared with the same period last year, while prices grew 132 percent during the first quarter, an agriculture official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rubber-prices-soar-132pct

Wildlife meat trade rampant

To get a sense of the wildlife in the forests of northeastern Cambodia, visitors need only visit Stung Treng’s central market, where – despite repeated attempts by conservation groups to crack down – illegally poached meat is sold openly, as The Post witnessed earlier this ...

Phak Seangly and Cristina Maza
http://www.phnompenhpost.com/national/wildlife-meat-trade-rampant

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