The Phnom Penh Post

Having seen rapid growth since launching in Cambodia two years ago, the Bank of China (BoC) plans to expand its business operations here. According to a Xinhua report, BoC’s deputy governor Zhu Shuming said during his visit to Cambodia last Friday that its local operations have ...

As rising economic growth spurred demand for personal loans, Prasac, Cambodia’s biggest microfinance institution (MFI), provided $106 million in loans between March, 2012 and March, 2013, an increase of 66 per cent compared with the corresponding period a year earlier.  “Loans [were] mainly used for service ...

The Kep-Kompot Salt Producers Community says salt production fell nearly 50 per cent below forecasts because of early rainfall, which is assumed to end salt harvesting for the year. Prime Minister Hun Sen, however, has stepped in to ensure that price remains stable. Hun Sen ...

When the owner of Kingsland garment factory fled the Kingdom last year, enough pressure was applied to its sourcing companies H&M and Walmart to persuade them through their intermediaries to compensate workers left jobless. Distance could no longer absolve them of responsibility. Just like the Kingsland ...

The Kingdom’s tax revenues increased by more than 20 per cent in the first quarter of 2012 compared with the same period last year. Officials said the rise reflects an influx of new buinesses and investments. Opposition lawmakers, however, claim that the numbers are still far ...

New car sales noticeably increased in the first quarter of this year, a contrast to the year earlier period when sales dropped compared with the first quarter of 2011, officials said. Major car dealers in Cambodia said yesterday the jump is due to improvements in ...

The price of meat will be higher during Khmer New Year, with prices rising between 2,000 riel and 3,000 riel ($0.50 and $0.75) per kilogram, according to vendors. Som Sreymom, a pork vendor at Kandal market, said the price of pork would hit as much as ...

France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday. Among this year’s investments, concessions and construction company group Vinci, the largest building ...

More than 10,000 families have poured into an area of Prey Lang forest in Kampong Thom province since January, clearing 20,000 hectares of trees to sell as luxury timber and building houses, Prey Lang Community Network members claimed yesterday. Many are believed to be from ...

Rising water temperatures are affecting fisheries and marine life, said several representatives of Cambodia’s aquaculture industry, and the effect is decreasing seed production and lowering aquaculture farmers’ productivity. Say Sorn, president of aquaculture seed production in Siem Reap province, told the Post yesterday that water temperature ...

Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...

Cambodia’s first-ever agricultural census is under way, tasked with addressing the lack of reliable statistical information on one of  the Kingdom’s most crucial economic sectors. The census is being taken by the government with assistance from the UN’s Food and Agriculture Organisation (FAO) in two ...

About 200 former Mfone employees gathered in front of the Thai embassy in Phnom Penh yesterday in protest over claims that Thaicom, the failed telco’s parent company, had paid Thai staff even though Cambodian staff were still owed compensation. Noun Sam Ath, a former sales executive, ...

Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...

Two anti-logging activists who went into hiding yesterday have alleged that they received death threats from police because they set fire to logs cut from a protected area in Kratie province. The activists have been leading an increasingly confrontational campaign against Vietnamese firm Binh Phuoc Kratie ...

Huawei Technologies (Cambodia) Co agreed yesterday to withdraw its injunction against Mfone in order to pave the way for a court-appointed administrator to sell the bankrupt company’s assets and compensate its many creditors. Along with other creditors, Huawei representatives expressed concerns that the assets would ...

Community forest patrollers in Oddar Meanchey’s Samrong district say they were forced to return saws and timber they seized from illegal loggers after soldiers detained and threatened them on Sunday. The 27-member patrol, funded by development NGO Pact as part of the REDD+ carbon credit program, ...

The road to Srekor I village in Stung Treng province’s Sesan district is a bumpy one. The small discomfort caused by being jolted about on a motorcycle or being thrown around in a car, however, is offset by the striking scenery that surrounds a traveller ...

Cambodia ranks last in travel and tourism competitiveness among eight Southeast Asian countries, according to a recently published study by the World Economic Forum. The Travel and Tourism Competitiveness Report 2013, which excluded Laos and Myanmar, said Cambodia comes 106th out of 140 countries this year, ...

In the light of growing tensions between North and South Korea, officials from the Ministry of Labour will head to Seoul on Thursday for a weeklong visit to inform Cambodian workers on emergency evacuation procedures. An estimated 25,000 Cambodians, a figure that includes roughly 5,000 illegal ...

ភ្នំពេញៈ តំណាង​គណបក្ស​នយោបាយ និង​អង្គការ​សង្គម​ស៊ីវិល​ បាន​ផ្តល់​អនុសាសន៍​ ដល់​គណៈ​កម្មាធិការ​ជាតិ​រៀបចំ​ការ​បោះឆ្នោត​(គជប) ឲ្យ​ជ្រើសរើស​តំណែង​សមាជិក​គណៈកម្មាធិការ​រាជធានី ខេត្ត​រៀបចំ​ការ​បោះឆ្នោត ឲ្យ​មាន​ការ​បើក​ចំហ។ ការ​ព្រួយបារម្ភ​ពី​នីតិវិធី នៃ​ការ​ជ្រើស​រើស​សមាជិក គណៈកម្មាធិការ​រាជធានី ខេត្ត រៀបចំ​ការ​បោះ​ឆ្នោត គឺ​ដោយ​សារ​មាន​សេចក្តី​ជូន​ដំណឹង របស់​គណៈកម្មាធិការ​ជាតិ​រៀបចំ​ការ​បោះ​ឆ្នោត​ ចុះ​ថ្ងៃទី ២០ មីនា​ថា ត្រូវ​ការ​ជ្រើស​រើស​បុគ្គលិក ជាប់​កិច្ច​សន្យា​ រយៈ​ពេល​ខ្លី​ចំនួន​ ៧៣៥​ នាក់​។ តំណែង​ប្រធាន​នៅ​គ្រប់​ខេត្ត មិន​មាន​ការ​ជ្រើសរើស​ឡើយ​ រីឯ​អនុ​ប្រធាន​ នៅ​ខេត្ត​មួយ​ចំនួន ក៏​មិន​មាន​ការ​ជ្រើសរើស​ដែរ។ ចំពោះ​ការ​ទទួល​ពាក្យ​ និង​ឈប់​ទទួល​ពាក្យ​ មាន​ត្រឹម​ ៥ ថ្ងៃ​ប៉ុណ្ណោះ គឺ​ពី​ថ្ងៃទី​៨ ដល់​ថ្ងៃទី ១២ មេសា​។ ...

Mong Reththy Group (MRG), Cambodia’s largest exporter of palm oil, hopes to expand its exports to European markets this year. Mong Reththy, president of the firm, said the quota-free and duty-free trade frameworks provided by European governments factored heavily into the decision. “About 50 per cent of ...

The Telecommunication Regulator of Cambodia (TRC) of the Ministry of Posts and Telecommunications issued warning letters to mobile operators Beeline and Smart over their recent advertisement, stating it violates the Inter-Ministerial Prakas, or edict, signed in 2009. The separate letters, obtained by the Post last week, ...

The Phnom Penh Municipal Court on Thursday temporarily suspended the operations of Vietnamese rubber concessionaire Day Dong Yoeung, which has clashed with Jarai ethnic minorities in Ratanakkiri province’s O’Yadav district since late last year, after its previous manager was jailed on fraud charges, district governor ...