សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

The Cambodian government has commenced operations at the 18MW Kirirom III hydro power plant in the southwestern part of the country. The facility will produce 78 million KWh of electricity a year and help the country reduce its power shortage crisis and dependence on oil-fueled electricity. ...

The KTH Premium Power Mall, opposite the Chinese Embassy in Phnom Penh, will be officially inaugurated on March 1 by K Thong Huot Telecom Co (KTH). The 1,200-square-metre mall will focus on international brands of electronic products. A mall representative told the Post the business would cater ...

More than 500 workers from Phnom Penh’s NagaWorld Casino demonstrated on Monday, in what was their fourth straight day of strike action in front of the casino over wages and the firing of four staff members Sok Narith, deputy secretary general of the Cambodian Tour­ism and ...

Cambodia’s encouraging economic climate had paved the way for the K-four Electronic company to launch Samsung’s latest refrigerator in this country, company representatives said. Kith Bunnarong, of K-four Electronic, said the comp-any’s sales in this country had increased since 2010, when it began working with Thai   ...

Amid reports that a second Cambodian has been killed this year by Thai armed forces while illegally logging in Thai border territory, officials had little detail yesterday on a government directive that is aimed at ending the international demand for rosewood from Cambodia. Prime Minister Hun ...

Qatar’s ambassador to Cambodia says his country wants to open a bank here in an effort to enhance, and attract more, trade and investment from Middle East countries to the Kingdom. Bloomberg reported yesterday that Arqaam Capital, a Dubai-based investment bank, had said it was ...

With a new Chinese-built container port on the Mekong River in Kandal province now operational, the existing port in Phnom Penh is undergoing renovations to shift its focus to the growing number of cruise ships docking in the capital, an official said yesterday. Eang Veng ...

The first time Leang Horng, a resident of Kandal province’s Saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ...

In the latest clarification from the government on the subject of it’s new private airliner, a senior aviation official said yesterday that the French-made Airbus A320 is not yet the property of Cambodia, as ownership documents have not been finalized. The 150-seat jet made its inaugural ...

Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

The ongoing story of garment workers left jobless by company closures in late December is fast becoming A Tale of Two Factories: one group of workers has everything before it, the other has nothing. It’s this widening gulf between workers at Yung Wah Industrial and Kingsland ...

While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...

Activists are welcoming Prime Minister Hun Sen’s public vow to prevent logging and rosewood trafficking, but they also say it’s too little too late to have any serious impact on protecting Cambodia’s already decimated forests. In a speech on Friday at the Ministry of Interior, Hun ...

Cambodia’s focus on hydropower will reduce its independence on oil and ensure nationwide access to electricity at a stable price, Prime Minister Hun Sen said in a speech Saturday during the inauguration of a $47.1 million hydropower dam in Koh Kong province. However environmental groups ...

Prime Minister Hun Sen yeserday lauded his government’s strong ties with China but said Cambodia does not give Chinese any preferential treatment. Mr. Hun Sen was speaking at the inauguration of the $47.1 million Kirirom III hydropower dam in Koh Kong province’s Sre Ambel District- constructed ...

Total fixed assets of Singaporean investment in Cambodia last year reached $82.7 million, a 500 per cent increase from $13.8 million in 2011, data from the Council for the Development of Cambodia (CDC) show. Singaporean entrepreneurs who have already entered the Cambodian market said they expect ...

Cambodian milled rice is becoming more popular throughout Asia, particularly in Malaysia, which is the number one importer of milled rice from the Kingdom. According to data from the Ministry of Agriculture, Forestry and Fisheries, Malaysia imported over 7,000 tonnes of a total 25,700 tonnes exported ...

Lending by commercial banks in Cambodia grew by more than one-third last year, according to figures provided by the National Bank of Cambodia (NBC) yesterday. Banks lent out a total of $5.89 billion in 2012, compared with $4.39 billion in 2011, NBC figures show, meaning ...

Some 200 garment factory workers protested at the Ministry of Social Affairs on Friday, a day after they held a demonstration in front of the Swedish Embassy in Phnom Penh and urged diplomats to intervene in a labour dispute involving unpaid wages from a factory ...

After a 60- minute debate, the Senate on Friday voted in favour of a payment guarantee for the private companies constructing the controversial Lower Sesan 2 dam in Stung Treng province. At the Senate session, 43 out of 48 senators voted to approve the deal which ...

Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about US$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use. In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun Sen said public ...

An offshore financial services provider aiming to cater to expatriates in Cambodia hopes to tap into a market that has had its share of fly-by-night operators. Tag Wealth International, a subsidiary of the Australia-based Tag Group, began operations last month, offering advice in areas such as ...

As insolvency proceedings against bankrupt telecommunications firm Mfone begin, yet another company, Smart Mobile, has filed a court complaint to collect unpaid costs from the mobile operator, and the list of parties to have suffered from the firm’s collapse continue to grow. The Phnom Penh Municipal ...