News
$20m mill will lift rice exports
Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to ...
http://www.phnompenhpost.com/2013012460970/Business/20m-mill-will-lift-rice-exports.html
Ethnic groups becoming media-savvy
One hot day in June, 2009, Ven Samin, a member of the ethnic Suoy minority in Kampong Speu province, grabbed her digital camera and headed out of the house. The 44-year-old arrived at a collection of damaged rice paddies in Oral district and began taking photos. ...
http://www.phnompenhpost.com/2013011860869/National/ethnic-groups-becoming-media-savvy.html
Factory clash has familiar feel
Two protesters and three factory officials were injured in a clash at a garment factory in Kampong Speu province yesterday as a report revealed that more than 60 unionists and workers were injured in such incidents in 2012. Vann Bun, a Free Trade Union activist, said ...
http://www.phnompenhpost.com/2013011860862/National/factory-clash-has-familiar-feel.html
Cambodia’s Economic Challenge
Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...
http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/
Cambodian sugar plant leaves villagers bitter
Though the mood was congratulatory yesterday at the inauguration of ruling party Senator Ly Yong Phat’s sugar company – a gleaming, new facility nestled in between two hills in Kampong Speu province’s Omlaing commune – the mood just a few kilometres away bordered on desperation. Sitting ...
Cambodia opens first largest sugar cane factory with $150 million investment from local company
Cambodia today opened first largest sugar factory in Kampong Speu province, western part of city of Phnom Penh with $ 150 million investment from a local company which employs 2 554 workers. Ly Yong Phat, owner of Sugar factory ( Phnom Penh sugar company) said: his ...
Hun Sen vows to intervene as dollar plunges to 3,888 riel
Cambodian Prime Minister Hun Sen said Wednesday that the government would intervene to stem the riel’s sharp rise against the US dollar in recent days. “The Cambodian riel has been rising for several days,” he told a land-distribution ceremony in Oral district in Kampong Speu province, ...
Cambodian farmers plant rice in a paddy field in Kampong Speu province
Cambodian farmers plant rice in a paddy field in Kampong Speu province August 21, 2012. A drought has hit Cambodia during its rainy season destroying more than 100,000 hectares of crops across the country, a government spokesman told Reuters on Tuesday. According to National Committee ...
Young chief vs the system
Tek Nim is well versed in dealing with adversity. In year nine, she dropped out of school, began working on the family farm and finally became resigned to the belief that her brightest prospect was to leave Omlaing commune, in Kampong Speu province’s Thpong district, ...
http://www.phnompenhpost.com/index.php/2012070357164/National-news/young-chief-vs-the-system.html
Sweet deal
Stevia Nutra Corporation, a Canadian agro-business company, has announced its decision to grow stevia in Cambodia’s Kampong Speu province. The company will grow the plant, whose leaves are used as a sweetener or sugar substitute, on just over 20 hectares of land close to Phnom Penh. Stevia Nutra has incorporated Mighty MekongAgro Industries Co. Ltd, ...
Garment workers back to table for more talks
The workers and management of the Chiang Sou undergarments factory in Kampong Speu failed to reach a resolution yesterday despite hours of attempted negotiations, only a day after nearly 200 employees went on strike demanding better working conditions. ...
TTY to open $6m rice milling plant in 2013
Cambodian-owned TTY corporation will invest US$6 million in a rice milling plant in Kampong Speu province, company officials said yesterday. Heng Sarath, TTY deputy director, said the factory would be built on national road 6, and would mill 20 tonnes of rice per year. Construction is ...
Firm cautious after faintings
Workers deemed at risk of fainting were sent home yesterday morning after arriving at the gates of Sabrina (Cambodia) Manufacturing in Kampong Speu province, following two mass fainting incidents at the facility last week, union officials said. Ouk Lina, an administrative officer at the Free Trade ...
http://www.phnompenhpost.com/index.php/2012041055526/National-news/phnom-penh-cambodia-news.html
Clash with sugar firm puts villagers in court
Kampong Speu provincial court issued summonses yesterday to five villagers from Thpong district’s Omlaing commune, who are involved in a long-standing land dispute with Cambodia People’s Party senator Ly Yong Phat’s Phnom Penh Sugar company. ...
Spirited reopening for Anful
Workers at a garment factory that was temporarily shut after more than 200 women collapsed in two mass fainting incidents last week gathered yesterday at the facility in Kampong Speu province for a Buddhist ceremony intended to rid the factory of evil spirits. Pheng Songoun, a ...
http://www.phnompenhpost.com/index.php/2011110152461/National-news/spirited-reopening-for-anful.html
Construction Approvals Grow
GOVERNMENT-approved construction projects soared 84 percent year-on-year through July to US$747.7 million, which officials called the biggest jump since the property market bust three years ago. The number of approved projects for the period reached 1,279, a decline from the 1,344 projects greenlighted in the first ...
http://www.phnompenhpost.com/index.php/2011082351195/Business/construction-approvals-grow.html
Complaint over violence
Twenty-nine community representatives from Kampong Speu’s Phnom Sruoch district travelled in person to the National Assembly building in Phnom Penh yesterday to file a complaint against provincial governor Kang Heang and other officials, accusing them of “robbing a total of 950 hectares of farm land”. ...
http://www.phnompenhpost.com/index.php/2011080450865/National-news/complaint-over-violence.html
Villagers summoned to court
Three villagers who were part of a protest over a land dispute with the Meng Keth Company have been summoned to court for questioning over alleged violence during the protest. The land dispute is over 65 contested hectares of land that was granted to the ...
More money for meat
Meat prices on Phnom Penh’s markets have seen large gains over the first half of the year, according to figures from the Ministry of Commerce’s Trade Promotion Department. Local vendors say the price increase comes due to a decrease in imports, forcing purchases of domestically ...
http://www.phnompenhpost.com/index.php/2011070450154/Business/more-money-for-meat.html
