The Phnom Penh Post
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
2016 brings spike in landmine deaths
The number of people killed in landmine incidents nearly doubled in the first half of the year, with 20 deaths compared to 11 for the same period in 2015, though injuries declined by almost half, from 55 to 29, according to the Cambodia Mine Action ...
Bun Sengkong and Donna M Airoldi
http://www.phnompenhpost.com/national/2016-brings-spike-landmine-deaths
US delegation urges gov’t to speed up reform
Cambodia must accelerate economic reform and develop a sense of “urgency” if it wishes to continue to attract American investment amid growing regional competition, the head of the US-ASEAN Business Council said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/us-delegation-urges-govt-speed-reform
Japanese capital flooding in to Cambodia
Total Japanese investment in Cambodia under the Kingdom’s qualified investment project (QIP) scheme surged tenfold during the first half of the year, driven by Japan’s improved economy and a hefty capital injection by one of its biggest retail giants. ...
Hor Kimsay
http://www.phnompenhpost.com/business/japanese-capital-flooding-cambodia
Weekly check-in rejected by NGOs in Oddar Meanchey
An annual reporting requirement under the contentious Law on Associations and NGOs, or LANGO, is being intentionally misinterpreted by local police, according to a group of NGOs in Oddar Meanchey province. ...
Phak Seangly
http://www.phnompenhpost.com/national/weekly-check-rejected-ngos-oddar-meanchey
Nike aims for traction in Cambodia with first retail store
American sporting goods giant Nike has opened its first dedicated retail store in Cambodia in what observers have described as another sign the Kingdom’s strong economy and rising incomes had not gone unnoticed by international retail giants. ...
Kali Kotoski
http://www.phnompenhpost.com/business/nike-aims-traction-cambodia-first-retail-store
China thanks Cambodia for efforts to water down ASEAN SCS statement
Hours before ASEAN foreign ministers released a long-negotiated, but ultimately watered down communiqué on the contentious South China Sea, China’s foreign minister singled out Cambodia for praise for holding out against a push for a stronger statement. ...
Ananth Baliga
http://www.phnompenhpost.com/national/china-thanks-cambodia-efforts-water-down-asean-scs-statement
Exercise fad sends sales of bicycles freewheeling
With a greater number of Cambodians devoting time and money to exercise, bicycles are shedding their lowly image as a cheap means of transportation and fast becoming a symbol of the wealthier, more health-conscious elite. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/exercise-fad-sends-sales-bicycles-freewheeling
Disney buys up carbon credits in Mondulkiri
The Walt Disney Company has purchased $2.6 million in carbon credits in the forests of Mondulkuri province – marking the largest carbon credit sale to date in Cambodia and breathing life into a carbon-trading program many had written off as all but dead. ...
Phak Seangly and Kali Kotoski
http://www.phnompenhpost.com/national/disney-buys-carbon-credits-mondulkiri
UN rapporteur Rhona Smith defends approach
UN Special Rapporteur Rhona Smith has responded to growing concerns among the human rights community that she is not fulfilling her mandate. ...
Jack Davies
http://www.phnompenhpost.com/national/un-rapporteur-rhona-smith-defends-approach
Pay-parking firm seeks more space in Phnom Penh
Sonatra Carling, the Japanese-Cambodian joint venture behind Phnom Penh’s first automated toll-parking system, sustained losses during its first year of operation, but remains committed to the project and is looking to expand the model to other areas of the capital, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/pay-parking-firm-seeks-more-space-phnom-penh
Untreated cleft palate rates world's highest, says report
Cambodia has the highest rate of untreated cleft lip and palate in infants, out of more than 100 low- and middle-income countries, a new global study has found. ...
Erin Handley
http://www.phnompenhpost.com/national/untreated-cleft-palate-rates-worlds-highest-says-report
Wildlife book looks to put dent in poaching
World Wildlife Fund for Cambodia and the Ministry of Environment launched a glossy, 76-page picture booklet about the Phnom Prich Wildlife Sanctuary in Mondulkiri province yesterday, with the goal of educating the public about the benefits of protecting wildlife and countering poaching. ...
Bun Sengkong
http://www.phnompenhpost.com/national/wildlife-book-looks-put-dent-poaching
ELC holders put onus for disputes on gov’t
Recently appointed Agriculture Minister Veng Sakhon held a first-ever meeting with economic land concession (ELC) grantees yesterday and was promptly met with a barrage of complaints. ...
Phak Seangly and Chin Sreyleap
http://www.phnompenhpost.com/national/elc-holders-put-onus-disputes-govt
New law bypassing illicit cigarettes
The tobacco industry has urged the government to crack down on cigarette smuggling ahead of new laws mandating graphic health warnings, saying failure to do so gave smuggled products a competitive edge. ...
Khouth Sophak Chakrya and Erin Handley
http://www.phnompenhpost.com/national/new-law-bypassing-illicit-cigarettes