The Phnom Penh Post
WorldBridge’s SME cluster zone breaks ground in Takhmao town
WorldBridge Industrial Developments Co Ltd on November 27 broke ground on its long-awaited WorldBridge i4.0 SME Cluster zone in Kandal province. ...
Hin Pisei
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-breaks-ground-takhmao-town
Hyatt hotel in capital set for January 2021 launch
The $180 million The Hyatt Regency Phnom Penh hotel is set to launch in January, marking the brand’s first venture into the Kingdom’s capital. Local conglomerate Chip Mong Group signed a management agreement with Chicago, US-based Hyatt Hotels Corp in September 2016 for the hotel, ...
Thou Vireak
https://www.phnompenhpost.com/business/hyatt-hotel-capital-set-january-2021-launch
Seeds sown for Stung Treng agriculture
Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...
Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture
Gov’t credit guarantee unit set for 2021
The Credit Guarantee Corporation of Cambodia (CGCC) is on track to be launched in the first half of next year, Banking Association of Cambodia (ABC) president In Channy told The Post on November 26. The CGCC was established by Sub-Decree No 140 ANKr BK on ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-credit-guarantee-unit-set-2021
Seeds sown for Stung Treng agriculture
Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...
Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture
Japan donates $3 million to fight marine plastic waste
The Japanese government will provide a $3 million grant to help Cambodia fight marine plastic pollution and promote a responsible cycle of using, reusing and recycling all forms of plastic waste.The grant will fund an anti-waste project to be implemented by the Ministry of Environment, ...
Nov Sivutha
https://www.phnompenhpost.com/national/japan-donates-3-million-fight-marine-plastic-waste
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
E-Commerce Strategy launched
Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...
Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched
Royal Group planning 100sq km SEZ in Botum Sakor National Park
The Royal Group of Companies Ltd, a leading local conglomerate, will invest in the construction of a 100sq km special economic zone (SEZ) in Koh Kong province’s Botum Sakor National Park. This is an apparent bid to capitalise on the ongoing inflow of investment to ...
May Kunmakara
https://www.phnompenhpost.com/business/royal-group-planning-100sq-km-sez-botum-sakor-national-park
New $9M brickworks in Kampot
Kampot province has becomes the home of a new $9 million brickworks that was officially inaugurated on November 22. Equipped with state-of-the-art technology and an automated production line, the factory will be able to turn out 800,000 bricks per day in its initial phase, Kampot ...
Hin Pisei
https://www.phnompenhpost.com/business/new-9m-brickworks-kampot
Prakas on tax debt management issued
The Ministry of Economy and Finance on November 20 issued Prakas No 962 SHV BrK on Tax Debt Management. The new prakas sets forth rules and procedures relating to tax debt management and aims to ensure a more efficient, effective and transparent collection process. ...
Thou Vireak
https://www.phnompenhpost.com/business/prakas-tax-debt-management-issued
Trade fair scrapped over Covid-19 fears
The Ministry of Commerce on November 19 cancelled the 15th edition of the Cambodia Import-Export Goods Exhibition due to Covid-19 concerns. Originally scheduled to be held from December 15-18 at the Koh Pich Convention and Exhibition Centre on Phnom Penh’s Koh Pich island, the Kingdom’s ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-fair-scrapped-over-covid-19-fears
Oddar Meanchey farmer steps on landmine
A farmer in his 40s was seriously injured after stepping on a mine on his property in O’Smach commune, in Oddar Meanchey province’s Samrong town on November 21. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/oddar-meanchey-farmer-steps-landmine
Over 110 garment factories close
A government official said on November 22 that at least 110 garment factories had closed in the first nine months of the year and left more than 55,000 workers without jobs – but union leaders worry those numbers could be much higher. ...
Mom Kunthear
https://www.phnompenhpost.com/national/over-110-garment-factories-close
Koh Kong confronts encroachment on protected state land
Authorities in Koh Kong province are searching for the individuals who set up border posts on nearly 200ha of protected forest, with officials and activists claiming that powerful tycoons had hired local people to encroach on the land. ...
Voun Dara
https://www.phnompenhpost.com/national/koh-kong-confronts-encroachment-protected-state-land
Loba, EAcham ink MoU to up trade, freight
The Logistics Business Association (Loba) on November 20 signed a memorandum of understanding (MoU) with the European American Chamber of Commerce and Industry (Belgium) Beijing Representative Office (EAcham) to further enhance Cambodia-China trade, investment and freight relations. ...
Hin Pisei
https://www.phnompenhpost.com/business/loba-eacham-ink-mou-trade-freight
Gov’t produce plan a relative success
A $20 million government agricultural initiative achieved remarkable results in its three years of operation but still fell far short of its target, the General Directorate of Agriculture reported. ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-produce-plan-relative-success
Deadline to vacate Phnom Penh’s largest lake set
Prek Pnov district authorities have notified local fishermen to remove lattices and ponds completely from the Boeung Tamok Lake by the end of this year. The warning comes after years of delays. Prek Pnov district governor Sok Sambath told The Post on November 19 time had ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/deadline-vacate-phnom-penhs-largest-lake-set
Mondulkiri Bunong irked over land sales
Some 190 Bunong indigenous people in Mondulkiri province are expressing concern that land sales in the Tring and Pupe mountain areas could result in a loss of cultural sites and their ancestral identities. Chean Vanna, one of their representatives in Pou Lung village, told The Post ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/mondulkiri-bunong-irked-over-land-sales
Pursat orders locale heads to annul land titles in protected area
The Pursat Provincial Administration has ordered five commune chiefs in Veal Veng district to annul land titles in the Phnom Samkos Wildlife Sanctuary. ...
Nov Sivutha
https://www.phnompenhpost.com/national/pursat-orders-locale-heads-annul-land-titles-protected-area
BirdLife pilots buffalo breeding project to cut down on hunting
BirdLife International Cambodia is testing a new buffalo breeding project by giving farmers female buffalo to breed as an alternative to hunting. The project aims to put an end to hunting in the Boeung Prek Lpov Protected Landscape in Takeo province’s Koh Andet and Borei Cholsar ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/birdlife-pilots-buffalo-breeding-project-cut-down-hunting
Court charges two for defamation over land dispute in Koh Kong
Hundreds of people gathered in front of the Koh Kong Provincial Court on November 18 to await the sentencing of their three community land representatives who were accused of defamation related to a land dispute. ...
Long Kimmarita
https://www.phnompenhpost.com/national/court-charges-two-defamation-over-land-dispute-koh-kong
Two rare tree species identified in Keo Seima Wildlife Sanctuary
Two rare tree species believed to be endangered were discovered in Keo Seima Wildlife Sanctuary in the northeastern provinces of Mondulkiri and Kratie, according to an announcement released by the Wildlife Conservation Society in Cambodia (WCS Cambodia) on November 17. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/two-rare-tree-species-identified-keo-seima-wildlife-sanctuary
Ex-land director gets seven years in prison
The Phnom Penh Municipal Court sentenced Nuon Pok, the former director of the Preah Sihanouk provincial Department of Land Management, Urban Planning and Construction to seven years in prison and fined him 100 million riel ($25,000) for abuse of power and other corruption charges. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ex-land-director-gets-seven-years-prison