The Phnom Penh Post
Firm eyes Svay Rieng to set up tyre factory
According to a feasibility study revealed in a report published by Tyrepress Media, the tire-maker is interested in building a facility within Svay Rieng province’s QiLu (Cambodia) Special Economic Zone that is capable of making five million semi-steel radials a year. ...
Thou Vireak
https://www.phnompenhpost.com/business/firm-eyes-svay-rieng-set-tyre-factory
Czech firm ramps up pepper orders
Czech-Cambodian firm EU Land and Pepper Investment Co Ltd has vowed to buy 50 per cent of all produce cultivated by its contracted smallholder growers this year to ramp up exports, with the European market in its sights. ...
May Kunmakara
https://www.phnompenhpost.com/business/czech-firm-ramps-pepper-orders
Progress lifts hopes for EAEU FTA
Prospects of a formal initiation of free trade agreement (FTA) talks with the Eurasian Economic Union (EAEU) have improved as early talks witness an increasingly positive sentiment, according to Ministry of Commerce spokesman Seang Thay. ...
Thou Vireak
https://www.phnompenhpost.com/business/progress-lifts-hopes-eaeu-fta
Covid delays WtE power plant
The prolongation of the Covid-19 outbreak has led to a delay in a feasibility study of building a waste-to-energy (WtE) plant with at least 50MW of total electricity generating capacity near Phnom Penh, according to Ministry of Mines and Energy spokesman Victor Jona. ...
Hin Pisei
https://www.phnompenhpost.com/business/covid-delays-wte-power-plant
Canada farm inks MoU with Prek Leap agriculture college
Toronto-listed Asia Green Biotechnology Corp (AGB) has inked a memorandum of understanding (MoU) with the Prek Leap National Institute of Agriculture in Phnom Penh (Prek Leap) to advance production techniques of medicinal and commercial crops. ...
May Kunmakara
https://www.phnompenhpost.com/business/canada-farm-inks-mou-prek-leap-agriculture-college
Cassava prices jump on lacklustre harvest
Cassava prices in the provinces bordering Thailand and Vietnam increased during the 2020-2021 harvest season as a result of lower crop yields, according to two top provincial commerce officials. ...
Thou Vireak
https://www.phnompenhpost.com/business/cassava-prices-jump-lacklustre-harvest
Kampot salt harvest trails behind
Kampot, Cambodia’s leading salt producing province, is expected to yield less of the commodity than reported last year on adverse weather conditions, provincial Department of Industry, Science, Technology and Innovation director Sok Kim Choeun told The Post on March 8. ...
Hin Pisei
https://www.phnompenhpost.com/business/kampot-salt-harvest-trails-behind
ISPs revel in ministry’s legal threat to unlicensed telcos
The private sector welcomed the Ministry of Posts and Telecommunications newest warning to unlicensed or otherwise non-legally-compliant telecoms operators as a necessary building block for sustainable growth in the industry. ...
May Kunmakara
https://www.phnompenhpost.com/business/isps-revel-ministrys-legal-threat-unlicensed-telcos
Container shortage, rising shipping costs takes bite out of mango exports
A global shortage of containers and rising shipping rates during the Covid-19 outbreak has driven up production costs for the Kingdom’s mangoes and eroded their competitiveness on the international market, according to two leading producers-cum-exporters. ...
Thou Vireak
https://www.phnompenhpost.com/business/container-shortage-rising-shipping-costs-takes-bite-out-mango-exports
Cambodia chalks up five oil wells
Singapore-based oil and gas firm KrisEnergy Ltd began extracting crude oil from four additional wells late last month, according to Cheap Sour, a senior official at the Ministry of Mines and Energy. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-chalks-five-oil-wells
Trade deficit with VN shrinks 6%
Trade between the Kingdom and Vietnam was worth $3.020 billion in 2020, inching down 1.1 per cent from $3.054 the previous year, according to Ministry of Commerce statistics. ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-deficit-vn-shrinks-6
CMA members restructure $1.4B in loans
Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...
May Kunmakara
https://www.phnompenhpost.com/business/cma-members-restructure-14b-loans
Business councils talk Thai trade
Two Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/business-councils-talk-thai-trade
Agri-exports surge 55% in Jan-Feb
Cambodia exported a total of 1,599,922.37 tonnes of major non-milled-rice agricultural products in the first two months of this year, an increase of 569,493.88 tonnes or 55.27 per cent compared to the same period in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng ...
Thou Vireak
https://www.phnompenhpost.com/business/agri-exports-surge-55-jan-feb
Ministry invites exporters to expo in east China
The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29. ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-invites-exporters-expo-east-china
PWSA enjoys banner 2020
Stock-listed utility Phnom Penh Water Supply Authority (PWSA) reported strong growth and solid overall business performance last year despite economic disruptions caused by the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/pwsa-enjoys-banner-2020
West Baray water source under irrigation pressure
The Apsara National Authority (ANA) has urged farmers living in the Angkor area to grow dry-season rice crops once per year only to reduce risks of water overuse that could drain too much water from the crucial West Baray. ...
Long Kimmarita
https://www.phnompenhpost.com/national/west-baray-water-source-under-irrigation-pressure
Captive royal turtles lay first ever eggs
Five endangered royal turtles raised at the Koh Kong Reptile Conservation Centre (KKRCC) have now laid 71 eggs – marking the first time this particular species of turtle has ever laid eggs while in captivity at the centre – according to a press release from ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/captive-royal-turtles-lay-first-ever-eggs
Japan provides $1.7M for demining
The Japanese government has provided more than $1.76 million to Japan Mine Action Service (JMAS) to implement a demining project in Banteay Meanchey province and a cluster munitions clearance effort in Stung Treng province. ...
Niem Chheng
https://www.phnompenhpost.com/national/japan-provides-17m-demining
Minister: Inclusive meeting vital
Minister of Interior Sar Kheng has instructed heads of the government’s local visit working groups throughout the country to ensure that relevant officials are invited to attend all meetings at the municipal, district and commune levels. ...
Voun Dara
https://www.phnompenhpost.com/national/minister-inclusive-meeting-vital
Chevron plans to increase Caltex petrol stations to 100
The government has welcomed Chevron (Cambodia) Ltd’s plan to nearly triple its network of Caltex petrol stations in the Kingdom to 100, according to a senior official at the Ministry of Mines and Energy on February 28. ...
May Kunmakara
https://www.phnompenhpost.com/business/chevron-plans-increase-caltex-petrol-stations-100
Encroachers try pillars in Koh Kong
Thousands of square metres of state forest land in roughly 11ha of state reserve land in Koh Sdech village, Koh Sdech commune, Kiri Sakor district, Koh Kong province, were illegally encroached upon by unknown people. They have installed concrete and wooden pillars. ...
Nov Sivutha
https://www.phnompenhpost.com/national/encroachers-try-pillars-koh-kong
CDC gives nod to 16 projects worth $700M last month
The Council for the Development of Cambodia (CDC) approved 16 capital investment projects last month totalling more than $700 million that are expected to create 11,414 local jobs. ...
May Kunmakara
https://www.phnompenhpost.com/business/cdc-gives-nod-16-projects-worth-700m-last-month
Red corn prices enjoy surge on demand for domestic feed
Prices of red corn have reportedly seen modest rises on surging demand for domestic feed production as the harvest season nears its end. In northwestern provinces, red corn is typically harvested twice a year between late June and August and then again between late October ...
Hin Pisei
https://www.phnompenhpost.com/business/red-corn-prices-enjoy-surge-demand-domestic-feed