សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

A week after British researchers released a study warning that the nation’s grasslands would soon be lost if drastic action was not taken to protect them, some agricultural experts have called for moderation, noting that the intensive rice cultivation blamed for the grasslands’ destruction is ...

The British chairman of a Biofuel firm is facing up to 15 years in jail after he was arrested by the Anti-Corruption Unit (ACU) in Phnom Penh on Saturday and charged with forgery, a court official said yesterday. Gregg Fryett’s company, Sustainable Agro Energy, has been ...

Malaysia-based Harta Packaging Industries Sdn Bhd opened a new Cambodian factory to meet the demands of a growing exports sector and benefit from Sihanoukville port’s ambitious expansion plans, officials said. Harta Packaging, a wholly owned subsidiary of HPI Resources Berhad and part of the Oji Paper ...

Cambodian officials say they will focus on nine different sectors in a bid to diversify and ensure continued national economic growth. Among the nine priorities, rubber will play a crucial role in Cambodia’s trade integration strategy. After opening a workshop on Cambodia’s trade strategy for the coming ...

Villagers who confiscated land-clearing equipment during a forest patrol yesterday in Khsuem commune in Kratie province’s Snuol district are claiming the equipment belongs to a rubber concessionaire attempting to expand into state land, an allegation local authorities denied. Villager representative Mom Sokkin said the Binh ...

Jarai ethnic minority villagers appeared at Ratanakkiri provincial court yesterday, demanding compensation from a Vietnamese company they say illegally cleared 30 hectares of community land in November last year. Chea Chanrith was granted a licence from the Ministry of Agriculture last year to clear land ...

The Department of Foreign Trade plans to set up a “rice trade zone” project in the East to process Cambodian rice for export to other countries. Tikhumporn Natvaratat, deputy director-general of the department, said his organisation plans to implement the project in Chanthaburi, Trat, Sa Kaeo ...

About a quarter of the garment factories in Cambodia that supply Swedish clothing giant H&M have been the scene of mass faintings or large-scale strikes since 2010, based on a suppliers list the clothing giant released late last week. Along with its 2012 sustainability report, the ...

The British chairman of an embattled agricultural investment firm was arrested Saturday by Cambodian authorities over charges of forging documents and using them in an attempt to illegally purchase thousands of hectares of land, a court prosecutor said. Greg Fryett, the main shareholder of Sustainable Agro ...

A major Vietnamese bank is closing its brokerage and securities arm in Cambodia, an official said yesterday, amid the ongoing drought of listings on the Cambodian Securities Exchange (CSX). Sacombank, which will continue to operate as a bank in Cambodia, set up the securities firm ...

The total number of new trucks registered last year increased slightly, but industry insiders said that even though more trucks are needed to boost the Kingdom’s trading volume, the country’s export capacity is relatively unaffected because of trucks bought in previous years. The number of big ...

Hard Rock Cafe, the iconic U.S. restaurant franchise known for its collections of rock ‘n’ roll memorabilia, will open restaurants in Siem Reap and Phnom Penh, in a deal with a local firm owned by the niece of Prime Minister Hun Sen, company representatives said ...

Malaysia-based Hibiscus Petroleum Berhad has tied up with Rex International Holding Pte Ltd to participate in exploration opportunities in Cambodia and 10 other countries across the Asia-Pacific region, according to a statement released last Thursday. Hibiscus’s wholly owned subsidiary Orient Hibiscus Sdn Bhd and Rex International ...

Cambodia’s import and export trade volume had amounted to US$2.7-B in the 1st 2 months of this year, up 28% compared to the US$2.1-B in the same period last year, the statistics of the Commerce Ministry showed Friday. Main products Cambodia imported are garment and textile ...

E. Sun Commercial Bank (玉山銀行), the banking arm of E. Sun Financial Holding Co (玉山金控), yesterday announced plans to buy a 70 percent stake in Phnom Penh, Cambodia-based Union Commercial Bank PLC (UCB) for US$69.33 million to facilitate its expansion into Southeast Asia. “We decided to ...

Vietnamese enterprises are increasingly investing overseas, especially in Myanmar, Laos and Cambodia, it has been announced. Elsewhere in the region, the Viet Nam Rubber Group has invested in growing rubber plantations in Laos and Cambodia since 2007 and aims to own 100,000 hectares by ...

The Cambodian government on Thursday announced a higher minimum wage of U.S. $80 per month for garment and footwear workers but they were not impressed, vowing to continue a strike until it is raised to U.S. $100. A tripartite meeting between the government, unions and Garment ...

Debt levels among the more than 1,000 families being evicted by a $142.6 million railway project bankrolled by Australia and the Asia Development Bank (ADB) have reached “crisis” proportions and require major intervention, according to a U.S resettlement expert who was hired by the ADB ...

CAMBODIA’S economy can “leapfrog” by developing its information and communications technology (ICT) industry, but the government is not spending enough on ICT infrastructure to attract private investments, business leaders said at a seminar in Phnom Penh yesterday. “What has been seen over the last 20 years ...

Laos is considering a single-visa scheme with its neighbours Thailand and Cambodia to promote balanced development in the subregion, officials said. The Lao government will hold talks with Cambodia, possibly at the end of this month, to learn from Phnom Penh’s experience in this matter, a ...

Inflation in the Kingdom increased by 1.8 per cent in January compared with the same period the year before. Higher costs for food and fuel were the main drivers, official data from the National Institute of Statistics (NIS) show. Khin Song, deputy director general of the ...

Local instant noodle company Men Sarun failed in its plan to export canned noodles to US markets this year, and an official confirmed that failures stemmed from both the unstable market price and increasing costs of transportation. Choun Kol, deputy general director of Men Sarun Investment, ...

Local food producer Ly Ly Food Industry had invested about $1 million for a Chinese-made machine to improve production and food quality as it prepared for the coming regional economic community, the company’s owner said yesterday. Keo Mom said a tremendous amount of goods from neighbouring ...

K (Cambodia), an authorised dealer of Isuzu Motors, opened a new showroom near Phnom Penh International Airport yesterday that will be the cornerstone for Isuzu Motors’ planned long-term investment in the Kingdom, a K (Cambodia) official said. “The new showroom for Isuzu vehicle is to serve ...