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ទំនិញ ការកែច្នៃ និងផលិតផលកសិកម្ម

Families Call for Boycott of Senator's 'Blood Sugar'

After years of futile protests demanding their land back, villagers forcibly evicted by sugarcane plantations connected to CPP Senator Ly Yong Phat launched a boycott campaign yesterday targeting the international firms that sell his sugar. Thousands of families accuse the senator’s plantations of forcing them off ...

Tales of ‘blood-stained’ sugar

The European Union should immediately remove trade preferences it gives to Cambodian sugar companies accused of human-rights violations including land grabs, representatives of the affected communities told a press conference in Phnom Penh yesterday. Community representatives from Koh Kong, Kampong Speu and Oddar Meanchey provinces said ...

http://www.phnompenhpost.com/index.php/2012070457189/National-news/tales-of-blood-stained-sugar.html

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

New Cambodian rice federation elects president

The Federation of Cambodia Rice Exporters, a new government-backed association of rice exporters which aims to bring together all the players in the rice sector to boost exports, formed on June 21 and elected Kim Savuth, president of Khmer Food Co., as its first president. The election saw Kim Savuth receiving 53 of ...

http://www.etmcambodia.com/index.php

Experts Question New Trade Goal with Vietnam

Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last ...

http://www.phnompenhpost.com/index.php/2012062757037/Business/experts-question-new-trade-goal-with-vietnam.html

Rice Farmers Struggle Despite Production Growth

High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...

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, ...

http://www.etmcambodia.com/blog.php?article=481

Critics dismiss Hun Sen’s pledge as empty promises

Prime Minister Hun Sen made a bold pledge to the hundreds of thousands of Cambodian villagers fighting companies for their homes yesterday, ordering that in every economic land concession across the country, space must be provided for those they would displace. But last month’s royal book ...

http://www.phnompenhpost.com/index.php/2012061556819/National-news/critics-dismiss-hun-sens-pledge-as-empty-promises.html

Rubber Prices Plummet Despite Increase in Exports

Revenues generated from rubber exports dropped 25 percent to $41 million in the first four months of the year compared to the same period in 2011, as rubber prices on the international market plummeted, according to data released yesterday by the Ministry of Commerce. While rubber ...

Britain’s Fraud Office Probes Biofuel Scheme

A biofuel company is currently under investigation for fraud in the U.K. after millions of dollars of investors’ money was spent on a jatropha plantation in Banteay Meanchey province that never produced even a single drop of biodiesel. The company, London-based Sustainable Agro Energy PLC, had ...

Puma Factory Reaps Rewards Of Paying for Workers’ Meals

A factory supplying shoes for German sports brand Puma has experienced no mass faintings and seen overall productivity improve since it started providing meals to its workers last year, a Puma representative and a factory official said yesterday. Workers at Huey Chuen (Cambodia) Corp. Ltd. in ...

Officials say Cambodia's price rises manageable

Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...

http://www.phnompenhpost.com/index.php/2012060556580/Business/officials-say-price-rises-manageable.html

Service Sector

The real growth rate of the service sector has been revised upwardly by half a percentage point against our previous prediction to 5.4 percent year-on-year in 2012, on the back of higher growth expected in the local trade and transport subsectors. The growth outlook of this sector in 2013 is quite ...

http://www.etmcambodia.com/

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