News

A private sector task force set up by Cambodia’s pig farmers to monitor live swine imports and investigate reports of illicit smuggling has been disbanded after receiving a cold reception from government officials, the initiative’s leader said yesterday. ...

A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...

As the price of natural rubber tumbles due to a slowdown in the global economy and falling demand for the commodity, the Kingdom’s hard hit rubber industry investors are now calling on the government to revise export taxes. ...

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville.   ...

Almost 60 tons of Cambodian mangoes were exported to the European Union during the harvesting season this year, according to Mong Reththy, who runs the country’s largest agricultural export company. ...

Mango growers now have access to the South Korean market following an agreement signed on Friday between officials from Korea and the Ministry of Agriculture, Forestry and Fisheries. ...

Mong Reththy, known as the king of agriculture in Cambodia for his role running the large Mong Reththy Group, aims to expand the Kingdom’s mango market to Europe. ...

Local agro-industrial conglomerate Mong Reththy Group is negotiating a new partnership that would send large-volume shipments of Cambodian cassava products to Europe for the first time. ...

Mong Reththy, a senator for the Cambodian People’s Party (CPP) and an agro-industrial tycoon, said land disputes between companies and local residents occur because of a lack of understanding on both sides. ...

Mong Reththy, one of Cambodia’s most prominent tycoons, complained Tuesday that recent recipients of expansive land concessions from the government have less of a social conscience than entrepreneurs granted land in the 1990s. Speaking on the sidelines of a conference hosted by USAID and the NGO ...

A draft law on animal health and production is expected to be approved by the December 2015 Asean Economic Community (AEC) deadline, government officials say. Soun Sothoeun, deputy director of animal health and production at the Ministry of Agriculture, said on Friday that the new law ...

Days after the Australian government announced it had approved the export of 10,000 live cows to Cambodia, a local firm has revealed that it is nearing completion of the Kingdom’s first modern slaughterhouse in Preah Sihanounk province – and that it is set to be ...

From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...

Initially a status reserved for a privileged few, the number of businesspeople bearing the honorific “oknha” has ballooned from an estimated 20 individuals in 2004 to some 200 in 2008 and more than 700 today. Traditionally a title of nobility bestowed by the king to honor ...

Agriculture tycoon Mong Reththy yesterday confirmed a second shipment of Koe Romeat mangoes, twice the size of the first, will be headed for China this week from his Preah Sihanouk plantation. ...

To capitalise on a rising demand for pork, a state-owned Chinese company is pouring $200 million into ruling party senator and tycoon Mong Reththy’s pig farm in Preah Sihanouk province. ...

Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...

It’s 1am and, as Phnom Penh sleeps, the haunting squeals of distressed animals are all that can be heard in the darkness of a field in Russey Keo district. Pigs in open-air sheds have sensed what’s coming: Hundreds of them are about to be slaughtered for ...

Mong Reththy Group (MRG), Cambodia’s largest exporter of palm oil, hopes to expand its exports to European markets this year. Mong Reththy, president of the firm, said the quota-free and duty-free trade frameworks provided by European governments factored heavily into the decision. “About 50 per cent of ...

The Council of Ministers yesterday backed Prime Minister Hun Sen’s plan to rebuild the flattened homes of 49 families who were violently evicted earlier this month in Preah Sihanouk province’s Stung Hav district. In a statement on Sunday, Mr. Hun Sen dismissed the Council of Ministers’ ...

The Prime Minister ordered 49 family’s houses to be rebuild [sic] at Keo Pus Village, in the Steung Hav District of Sihanoukville, after they had been demolished by authorities earlier this month. He also ordered Bin Chhin, Chairman of the National Authority for Land Dispute ...

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...

More than 8,000 hectares of land was cut from economic and forest land concessions owned by some of the country’s biggest tycoons and awarded to villagers last month, according to documents from the Council of Ministers. Four sub-decrees signed by Prime Minister Hun Sen order that ...

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...