The Phnom Penh Post

Prominent businesswoman Chhin Sokountheary yesterday announced her intention to sue Phnom Penh Governor Kep Chuktema for falsifying documents saying she illegally occupied state land in Phnom Penh’s Sen Sok district in a bid to steal the land and develop a sports stadium on it. Sokountheary, 57 ...

After years of discussion, the Cambodian and Thai governments on Tuesday agreed at the Ayeyawady-Chao Phraya-Mekong Economic Co-operation Strategy (ACMECS) summit in Laos to establish a Cambodian-Thai Business Council in a bid to enhance trade and investment between the ASEAN neighbours after a decline in ...

Eight members of the Prey Lang forest community network, summonsed to the Kampong Thom provincial court yesterday to answer a 2011 complaint, rejected its accusation that they had caused intentional damage by uprooting cassava plants belonging to Ol Ratha and maintained they had acted only ...

Cambodians tend to rely too heavily on self-funding or loans when starting businesses, experts say. In a bid to change that, an essay competition about business plans has been launched to give a platform for the winner to form business partnerships with those with capital. The ...

Prime Minister Hun Sen has called on Thailand, Vietnam, Myanmar and Laos to help curb the illegal trade in rosewood after Cambodia’s bloodiest year yet for logging-related border shootings. Speaking to reporters at Phnom Penh International Airport after the premier returned from a two-day meeting ...

Land prices in Preah Siahnouk province have risen slightly, by 5 to 10 per cent in early 2013, despite increasing numbers of tourists who have visited Cambodia and travelled to the province. Cheng Kheng, director of the CPL real estate company and president of Cambodian Valuers ...

Property experts say the Camko City project has a great deal of potential, after visiting and studying the satellite city last week. Kim Heang, general manager of Khmer Real Estate Co, said that he is very interested in Camko City because he has seen that it ...

State-owned rice miller Green Trade plans to export about 10,000 tonnes of milled rice to Libya this year, an insider has revealed. Thon Virak, director of state-owned rice exporter Green Trade, told the Post yesterday that he had signed an export deal with a private company ...

CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ...

The government approved 103 factories with a combined investment of $660 million last year a big increase from the previous year’s 52 factories valued at $230 million, according to data from the Council for the Development of Cambodia. Industry representatives and economists said the sharp ...

Cambodia’s footwear industry has experienced significant growth over the past five years, with the number of factories doubling, according to data from the Ministry of Commerce. Meanwhile, the International Labour Organisation (ILO) has announced it will monitor and report on footwear factories. As of November, 45 ...

A lack of trade financing – the loans and guarantees needed to support import and export transactions – for international deals within developing Asian countries such as Cambodia is restricting opportunities for growth, a survey by the Asia Development Bank (ADB) has found. Of 106 banks ...

Thanks to seasonal demand, the price of rubber has increased from 2012’s year-end prices. But it was still slightly lower than at this time last year, a rubber-plantation owner said yesterday. Mak Kimhong, president of the Cambodia Rubber Association and owner of the Chhop Rubber Plantation ...

In the past four years, families in Anlong Chrey village, in Kampong Speu provinces’s Thpong district, have watched a small multipurpose dam being built at their back doors. For village chief Soung Pao, 59, who gave up two hectares for the dam – one of ...

Four families who were violently evicted from Borei Keila in January last year built shelters yesterday in the rubbish where their houses once stood, claiming the land still belonged to them. The evictees erected small frames on the land, in the capital’s Prampi Makara district, irritating ...

More than a thousand garment workers went on strike yesterday morning to demand a minimum wage increase and better working conditions, following the failure of minimum wage negotiations between unions and employers on Monday. Some 600 workers in Kandal province yesterday protested in front of ...

Cambodia’s waterways are significantly under-used for the transport of commodities such as rice, and enhanced infrastructure and a review of government fees is needed at the Kingdom’s ports to make exports more competitive, industry experts say. According to figures from the Alliance of Rice Producers and ...

The French Development Agency yesterday agreed to grant Cambodia a total of $47.7 million, $8.7 million of which is a loan. The sum is to support the Kingdom’s irrigation infrastructure investment, to improve the country’s access to drinkable water and to fund the fight against emerging ...

The production of animal feed may be lucrative for family-run businesses, but production is failing to meet the local market’s demand, said industry experts. Ros Limhy, National Agriculture adviser for the Ministry of Agriculture, Forestry and Fisheries’ Tonle Sap Poverty Reduction and Smallholder Development project, and ...

An absence of public transport, improved roads and the economic development of Cambodia’s rural areas was reflected in an increase in vehicle registrations by 7.7 per cent from 2011 to 2012, official data shows. However, as an insider said yesterday, many cars and motorcycles will ...

The price for cassava plants is increasing in the Kingdom’s north-western provinces, where the new season started. Due to the lack of rain many were damaged, according to farmers and officials. Sreng Sreang, deputy director of the Pailin longan collective, which planted about five hectares of ...

The government has announced plans for a landmark project to create a system for diverting and then stocking waste water, in a bid to prevent run-off into the streets of Phnom Penh and the Tonle Sap river. Moeung Sophan, a consultant to the Phnom Penh Department ...

Unions and the Garment Manufacturers Association in Cambodia (GMAC) are unlikely to walk out of their final minimum wage meeting today with an agreed-upon increase for workers, industry insiders said yesterday. Both parties have reaffirmed their respective positions: GMAC secretary-general Ken Loo said yesterday that “nothing’s ...

The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...