The Phnom Penh Post
Gloomy forecast for Cambodia's rice sector
An industry analyst has issued a dire forecast for Cambodia’s rice sector, claiming the long-grain “white gold” that has been credited with lifting millions of Cambodia’s farmers out of abject poverty, and which seems a natural fit for the Kingdom’s agrarian workforce, is on a ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/gloomy-forecast-cambodias-rice-sector
Timber baron branches into fuel
Timber baron Try Pheap, who has previously been accused of running large-scale illegal timber operations in protected forest areas and making millions off the Kingdom’s natural resources, held a ribbon-cutting ceremony last Friday to launch a new business venture, PAPA Petroleum Co Ltd. ...
Kali Kotoski
http://www.phnompenhpost.com/business/timber-baron-branches-fuel
Chinese banana grower keen to start plantation
A Chinese agricultural company has agreed to establish a banana plantation in Cambodia, according to a senior government official. ...
Post Staff
http://www.phnompenhpost.com/business/chinese-banana-grower-keen-start-plantation
Cambodia looks to draw more elderly tourists
The Cambodian government is preparing a tourism policy to manage the increasing numbers of elderly foreign tourists visiting the Kingdom, an official at the Ministry of Tourism said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-looks-draw-more-elderly-tourists
Mother and baby Irrawaddy dolphins found dead in Kratie
A female Irrawaddy dolphin and its baby were found dead yesterday morning in Kratie province’s Chet Borei district, though the World Wildlife Fund (WWF) said the cause of death is still unknown. ...
Niem Chheng
http://www.phnompenhpost.com/national/mother-and-baby-irrawaddy-dolphins-found-dead-kratie
Fatal bridge accident in Kandal prompts inquiry
Cambodian government officials have opened an investigation into accusations that Hanshin, a Korean construction company, breached contract by failing to follow safety regulations after two brothers were killed when they drove off an unfinished bridge in a Hanshin construction zone last week. ...
Kong Meta and Andrew Nachemson
http://www.phnompenhpost.com/national/fatal-bridge-accident-kandal-prompts-inquiry
Emerald’s gold search heads to fresh territory
Australian mining firm Emerald Resources is preparing to commence first-pass test drilling on its O’Rman prospect in northeastern Cambodia, where soil assays from augur samples have indicated the presence of gold mineralisation, the company said in its latest quarterly report. ...
Post Staff
http://www.phnompenhpost.com/business/emeralds-gold-search-heads-fresh-territory
Southeast Asian countries to share efforts to promote tourism
Tourism officials from four Southeast Asian countries met in Yangon on Saturday to discuss ways of working together to promote tourism in the Cambodia, Laos, Myanmar and Vietnam (CLMV) region. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/southeast-asian-countries-share-efforts-promote-tourism
China to foot bill for new National Assembly offices
Just days after Cambodia was accused of watering down an ASEAN statement on the South China Sea, China promised to pay for a $16 million, 12-floor administration building for the National Assembly during a visit of delegates to the country led by Assembly President Heng ...
Vong Sokheng
http://www.phnompenhpost.com/national/china-foot-bill-new-national-assembly-offices
Charting changes in Japanese FDI
Japan’s investment in Cambodia continues to grow and its investors are playing a leading role in developing and diversifying the Kingdom’s light industrial sector. ...
Hor Kimsay
http://www.phnompenhpost.com/business/charting-changes-japanese-fdi
Telecom backbone now extends over 26,000km
Three telecom operators provide a total of more than 26,000 kilometres of backbone fixed-line infrastructure as of June, the Ministry of Posts and Telecommunications announced yesterday in a report posted on its Facebook page. ...
Post Staff
http://www.phnompenhpost.com/business/telecom-backbone-now-extends-over-26000km
Gas One aims to pipe into demand for LPG
A new Japanese company, Gas One (Cambodia) Co Ltd, aims to tap into the surge of liquefied petroleum gas (LPG) usage in the Kingdom by providing engineering and supply solutions to large-scale developments, its chief executive said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/gas-one-aims-pipe-demand-lpg
Tobacco giant quits industry group over packaging dispute
The local arm of tobacco giant Japan Tobacco International (JTI), which makes Camel, Winston and Mevius cigarettes, has blasted the Association of the Tobacco Industry of Cambodia (ATIC) for failing to ensure its members adhere to new regulations mandating graphic health warnings on cigarette packages. ...
Janelle Retka
https://www.cambodiadaily.com/news/tobacco-giant-quits-industry-group-over-packaging-dispute-116040/
First-ever FDI survey identifies $20B in capital inflow
Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-ever-fdi-survey-identifies-20b-capital-inflow
Sihanoukville port operator still on course for IPO
The state operator of Cambodia’s only deep-water port remains on course to float shares on the stock exchange and is seeking ways to speed up the listing. ...
Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-operator-still-course-ipo
Travel-goods makers told act now or risk missing the boat
Just weeks since the United States announced it would grant new trade privileges that allow Cambodian-manufactured travel goods such as luggage and backpacks to enter the US market duty-free under its Generalised System of Preferences (GSP) scheme, a visiting American trade official hinted yesterday that ...
Kali Kotoski
http://www.phnompenhpost.com/business/travel-goods-makers-told-act-now-or-risk-missing-boat
Cambodia, Vietnam to build market on border
The Vietnamese government yesterday agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-vietnam-build-market-border
Gas One aims to pipe into demand for LPG
A new Japanese company, Gas One (Cambodia) Co Ltd, aims to tap into the surge of liquefied petroleum gas (LPG) usage in the Kingdom by providing engineering and supply solutions to large-scale developments, its chief executive said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/gas-one-aims-pipe-demand-lpg
ELCs don’t reduce poverty: paper
Economic land concessions (ELCs) are supposed to be transforming Cambodian agriculture into a heavyweight industry and raising the living standards of millions of rural Cambodians, according to government policy documents. ...
Jack Davies
http://www.phnompenhpost.com/national/elcs-dont-reduce-poverty-paper
Ministers discuss Sihanoukville’s still-murky development plans
An inter-ministerial meeting that took place earlier this month in Preah Sihanouk was said to have been called to make concrete the seesawing plans of the province’s business and environmental development. ...
As garment minimum wage talks begin, other sectors want in
As unions, employers and government officials met for the first time in the run-up to the annual battle over the garment industry’s minimum wage yesterday, another group of labour and advocacy groups were asking when they would be part of those discussions. ...
Sen David and Ananth Baliga
http://www.phnompenhpost.com/national/garment-minimum-wage-talks-begin-other-sectors-want
ACU clears senior traffic cop of corruption complaint
The Anti-Corruption Unit has cleared senior traffic police officer Run Roth Veasna of any wrongdoing after he was subject to a complaint alleging a wide range of corrupt conduct. ...
Mech Dara
http://www.phnompenhpost.com/national/acu-clears-senior-traffic-cop-corruption-complaint
Rosewood exports to Vietnam achieved with fake signatures: official
Thousands of cubic metres of endangered Siamese rosewood were sent to Vietnam in 2014 with export permits bearing the Photoshopped signature of a retired Ministry of Agriculture, Forestry and Fisheries (MAFF) secretary of state, a ministry official said yesterday. ...
Jack Davies and Phak Seangly
http://www.phnompenhpost.com/national/rosewood-exports-vietnam-achieved-fake-signatures-official
Bosch says sales rising on growth of economy
Bosch Cambodia, a supplier of power tools and automotive parts, announced yesterday that its sales revenue grew by 22 per cent in 2015, driven largely by a greater number of construction and automotive projects in the Kingdom. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bosch-says-sales-rising-growth-economy