សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម

Disputes between owners at prominent rice miller Loran Import Export Company have been resolved, with Chief Executive Officer Lim Bunheng set to buy the stake held by prominent media personality Soy Sopheap and his associates, company officials said yesterday. “We have agreed to end all disputes ...

Cambodian officials yesterday touted the potential for green energy to meet its goal of bringing electricity to 100 percent of households by 2020. The Kingdom was looking to develop solar energy, small-scale hydropower and biomass-fuelled power to meet the target, said Ministry of Industry, Mines and ...

Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...

Daun Penh district deputy governor Sok Penhvuth said yesterday that he had ent Phnom Penh Municipality a time line of events at a Vattanac Properties construction project that has severely damaged buildings along Phnom Penh’s Sisowath Quay. The report was sent ahead of the creation ...

Mong Reththy Group has suspended a $115 million sugar plantation project that has been three years in the works, CPP Senator Mong Reththy said yesterday. According to Mr Reththy, the suspension is due to “internal” issues facing the French partner in the project, Groupe Sucres ...

Describing a 5,000-hectare land dispute between Koh Kong villagers and a sugar company owned by CPP Senator Ly Yong Pgat as “a complicated case,” Koh Kong Provincial Court has decided to try it before a three-judge panel, a lawyer for the villagers said yesterday. The ...

Rubber exports from Cambodia increased 84 percent in the first six months of 2011 compared to the same period last year, according to figures released by Camcontrol, the government’s import-export inspection agent. Cambodia exported 21,511 tons of rubber, worth $102 million, during the first half ...

Crocodile farmers are feeling the pinch after a year of volatile crocodile prices and market demand. Despite the spike in crocodile prices late last year – which followed on the heels of worrying lows between 2005 and 2007 – demand for the live exports of ...

Local authorities told residents of Kratie province’s Snuol district that they would not allow a private company to plant crops on their land during a meeting yesterday. Poeng Vin, chief of Pi Thnou commune, said that local authorities would measure land belonging to hundreds of ...

After a three-day standstill at a Puma supplier, shoemakers returned this morning to the factory floors in Phnom Penh where 49 workers reportedly fell ill Monday morning. Huey Chuen factory Assistant General Manager Zhang Hanchang – who led reporters from The Post through the empty factory ...

Three women were slightly injured while participating in a strike of about 500 workers outside the Zongtex Garment Factory in Phnom Penh’s Dangkor district yesterday, a union representative said yesterday. Suos Sokha, head of the Rights and Profit Workers Federation of Trade Unions, said yesterday the ...

North Korea aims to import rice from Cambodia, as well as explore for mineral resources, officials said yesterday. High-ranking officials from Pyongyang met with their Cambodian counterparts in Phnom Penh yesterday, signing agreements on economic and trade cooperation.The two countries had signed seven cooperation agreements beginning ...

A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...

Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...

Construction approvals granted by government authorities have increased 93 percent in the first six months of the year, compared to the same period last year, figures show. Some 1,079 potential projects worth US$637.7 million were given the go-ahead in the January to June period, compared with ...

Vattanac Properties’ construction equipment has been seized by the police after the firm ignored an order to cease work as it has damaged adjacent historic buildings while digging. The work began in mid-April and Vattanac was in the process of removing soil in order to ...

A Vietnam Electrical Equipment Corporation subsidiary has broken ground on a new factory to be built in the Phnom Penh Special Economic Zone (PPSEZ). THIBIDI is building a $1.5 million factory in order to manufacture transformers and will employ approximately 150 people. The plant is ...

Running down the middle of Mak Sitha’s newly renovated fashion boutique in Phnom Penh is a crack that is splitting her floor tiles in two. Yesterday, part of the floor at Lady Penh Designs began to cave into the ground. Like several other business and ...

Cigarette promoters will have to stop work when a tobacco advertisement ban takes effect in late August, a health official said yesterday. A February sub-decree, which also bans advertising tobacco in the media and on billboards, states that the “promotion of tobacco products to customers ...

Construction on Sisowath Quay by Vattanac Company has damaged an entire block of buildings after soil was removed from the site in order to shore up the sides with concrete. 11 families have been asked to move temporarily while the situation is remedied. The Foreign ...

Puma, the sportswear company, has said that it is taking the outbreak of fainting spells at its suppliers “very seriously.” The company is taking measures after a report by the Fair Labour Association found that breaches in labour laws had contributed to some 300 workers ...

Residents and business owners are seeking compensation from Vattanac after its construction project alongside Phnom Penh’s riverside Sisowath Quay damaged buildings. Pop Café, Edelweiss, the Foreign Correspondents Club (FCC), and others are having insurance claims adjusters in to inspect the buildings in order to determine ...

Angkor Beer drivers forced their way through a blockade formed by beer promoters protesting the company’s failure to respect them and follow an Arbitration Council ruling that they should be paid $2 more on the weekends. 200 protestors had planned to attend but only 30 ...

In Svay Rieng province villagers are in their fourth day of protests after authorities refused to meet with them to discuss a land concession that Metapheap Company has received in order to open a rubber plantation. The company was granted a 1,230 hectare land concession ...