ភ្នំពេញប៉ុស្តិ៍
Cambodia hits oil revenue
Officials yesterday confirmed that the Cambodian government will receive a majority of the revenue share from Chevron’s offshore Block A oil permit area near Sihanoukville in the Gulf of Thailand. The government expects to issue the American oil giant a production permit licence by the ...
http://www.phnompenhpost.com/index.php/2012092858984/Business/cambodia-hits-oil-revenue.html
Stirrings from B Kak developer
After months of inactivity that has fueled questions about the company’s future, Boeung Kak lake developer Shukaku Inc has launched a recruitment drive, calling for at least half a dozen architects, engineers and other employees. When contacted yesterday, Sok Heng Ly, an administrative employee listed in the ...
Transport costs remain high
Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...
http://www.phnompenhpost.com/index.php/2012092758948/Business/transport-costs-remain-high.html
Land title deals for former Khmer Rouge in question
Former Khmer Rouge cadres who in return for laying down their weapons and swearing allegiance to the Cambodian government were granted plots of land in what is now Kampot province say local authorities aren’t respecting the deal. Representatives of 80 families in the province’s Chhouk district told the ...
Looking for a flood of investment
Cambodia’s Commerce Minister Cham Prasidh said foreign investors with production bases in Thailand ought to consider Cambodia for future expansion because of the Kingdom’s greater resistance to floods. Speaking at Phnom Penh Honda’s 20th anniversary yesterday, the Commerce minister said that while Cambodia faces floods each ...
Cambodia receives $3m grant
Cambodia will receive a grant of US$3.3 million from the World Trade Organisation to support rice milling, silk production and development of the Department of International Cooperation, according to Heng Sovannarith, communication officer for Trade Wide Sector Approach. Sovannarith said the Ministry of Commerce would receive the grant from ...
Locked-out toy makers left in lurch over wages
Employees at the First & Main cuddly-toy company arrived at work yesterday expecting to be paid outstanding wages – instead, a notice on the gates told them all equipment inside the Phnom Penh factory would be auctioned off, because the company was closing for good. The ...
ELCs on mind at donor meet
While protesters demonstrated outside, urging land and human-rights reform, members of the donor community met with the government yesterday at the Council for the Development of Cambodia in Phnom Penh to sign off on a series of development targets that bore only a faint resemblance to those ...
LG looks to introduce Optimus G soon
One of the top three manufacturers of mobile phones for the Cambodian market, LG, is likely to roll out its new flagship product, the Optimus G, by the end of the year. Success in the smartphone market would signal a successful turnaround for LG. Prior ...
http://www.phnompenhpost.com/index.php/2012092758949/Business/lg-optimus-g-coming-soon.html
Social Work to shape Kingdom
Social work, long-established in developed countries but unheard-of in Cambodia, could be set to change the face of child protection in the country as interest in the field grows. Last week, a hundred potential social workers from around the country came to Phnom Penh for an ...
http://www.phnompenhpost.com/index.php/2012092558885/Lifestyle/social-work-to-change-cambodia.html
First certified organic rice heads for Europe
Five metric tonnes of certified organic rice — the first such shipment from Cambodia — will depart for the European Union this Friday. The shipment, exported from Cambodia by an entity called Green Trade, comprises three tonnes of brown rice and two tonnes of white jasmine ...
Training needed for tourist industry
Representatives of Cambodia’s booming tourism industry yesterday called on the Asian Development Bank to provide funding for workforce training in the sector. During the meeting at the Cambodia Chamber of Commerce, tour operator Ho Vandy, who also co-chairs the Tourism Working Group in the Government-Private Sector Forum, said representatives ...
Citibank looks to Cambodia for investment opportunities
Citibank, one of the largest banks in the US, showed stronger interest in Cambodia yesterday when the Bangkok-based Thailand head of the big international bank met with Economy and Finance Minister Kheat Chhon. Mey Vann said Citibank recognized that Cambodia had a good investment climate and incentives ...
Protests call for workers to be rehired
Nearly 100 workers held a strike inside Phnom Penh’s Conpress Holdings jeans factory yesterday to demand the company allow four fired workers to return to work. The Seak Meanchey district factory, which employs more than 1,000 workers, fired the four in August because they attempted to ...
Official pushes for an information access act
Many groups, including the ruling party, would benefit from a proposed access to information law – which would provide transparency when it comes to the government’s development plans and spending – a Council of Ministers official said yesterday. Tuot Lux, a legal expert who has been ...
Villagers facing re-eviction
Villagers evicted from the former Sambok Chab community in the capital’s Dangkor district in 2006 face eviction for the second time – this time without any compensation, evictees told the Post yesterday. According to villager Heng Pheng Chun, 26, authorities in Por Sen Chey district have ...
Land abuses 'threaten stability'
Cambodia’s economic land concession (ELC) policies are hindering development far more than helping it and beginning to erode the country’s hard-won stability, Cambodia’s special rapporteur warned yesterday. “As I have noted in relation to other sectors in Cambodia, the existence of the legal framework on paper ...
Ahead of aid meet, NGOs urge reform
More than 100 NGOs and human rights groups yesterday urged foreign donors to flag issues regarding land policies, democratic processes and human rights during today’s Government-Development Partner Coordinating Committee (GDCC) meeting. Intended as a preparatory meeting for Cambodia’s main government and donor summit, the GDCC is generally ...
Biomass is more than energy
Rural Cambodian communities are seeing economic benefits as a result of a biomass and farming resilience project run by GERES, a French NGO. As part of the AREA project, 200 households in Kampong Chhnang province are growing 22 varieties of trees to negate the effects of deforestation, ...
Erika Mudie, P. 10
https://www.phnompenhpost.com/business/biomass-benefit-rural-cambodia
Companies aim to be socially minded
Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CSR Asia, the leading provider of information, training, research and consultancy services on ...
Active acquisition is a GO
Malaysian-based GO Communications Group signed an acquisition deal to buy out Cambodian based Active Event Management, on Friday, Sept 21, 2012. Siet Sisopheak, managing director of Active, said GO became interested in the company because of improvements in Cambodia’s economy and how it would benefit the ...
http://www.phnompenhpost.com/index.php/2012092558890/Business/active-acquisition-is-a-go.html
Rain delays Kampot port construction
Construction of the US$100 million Kampot sea port had been further delayed by rain, materials not being available and incomplete preparations, a local investor revealed yesterday. Vinh Huor, president of the Kampot Special Economic Zone, (KSEZ) said of the delay: “We are preparing to be better, ...
Rubber up $100 a tonne in a week
The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...
http://www.phnompenhpost.com/index.php/2012092558889/Business/rubber-up-100-a-tonne-in-a-week.html
Borei Keila, Boeung Kak march on embassies
More than 60 people yesterday rallied at the National Assembly, the UN Human Rights Office, the Danish Embassy and the German Embassy as part of a petition campaign to seek the release of two jailed women from the Boeung Kak and Borei Keila communities. Villagers and ...