The Phnom Penh Post

Exports of milled rice had fallen dramatically last year because of the poor quality of paddy rice, insiders said yesterday. Milled-rice producers told the Post that a large amount of paddy rice broke. From every 100 kilograms of paddy rice, 20 to 23 kilograms of milled rice ...

A lack of legal protections, insufficient commitment from the Malaysian government and an overworked, understaffed embassy are among the major obstacles to lifting the maid ban, according to an internal government report obtained yesterday. ... Penned by the Ministry of Interior, the 12-page brief details a ...

Renaissance Minerals has raised $10 million for its gold-mining program at the Okvau deposit, in Mondulkiri province. The Australian company had estimated the area contained 729,000 ounces of gold. ... Renaissance’s biggest challenge would be to finance the project by equity investments world-wide, Tremain said. ... Renaissance is ...

Commercial property prices and rents in Siem Reap have increased by 10 to 20 per cent in the last year, according to the town’s newest real estate agency. Cambodia Properties Limited (CPL) opened its first Siem Reap branch three months ago, recognising a need for sound ...

The Mekong River Commission (MRC) will forgo an opportunity to voice opposition to the Xayaburi dam project – which member state Laos began building in November – when it meets for its annual council meeting next week. Surasak Glahan, communications officer with the MRC secretariat, confirmed ...

Located in a humble, barrack-like building with small offices that are still under construction, Global Security Solutions enjoys the proximity to its biggest customer: Toll Royal Railways. ... The company not only provides security for embassies, but for petrochemical companies, hotels and airlines as well. Since the ...

Despite the spread of web-enabled smartphones and tablets in Cambodia, internet service providers expected the number of fixed-line applications to grow, two industry insiders said yesterday. “With the advent of tablets and faster smartphones, it’s inevitable that people will use their devices more and more for ...

The first Banking Careers Forum, organised on Friday by CamEd Business School with the support of leading banks and Micro Finance Institutions (MFIs), attracted hundreds of students –  the majority of them studying accounting and banking – to participate and find job opportunities in the ...

Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean ...

Global coffee-chain giant Starbucks will enter its 12th Asian market next month when it opens an outlet in Vietnam’s Ho Chi Minh City. ... RMA Cambodia CEO Rami Sharaf said the expansion into Vietnam did not automatically mean Starbucks would enter Cambodia. “I don’t think there is ...

In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...

Cambodian milled rice exports to international markets grew only 2 per cent year-on-year, leading rice trading experts to express concern that the goal of exporting a million tonnes in 2015 cannot be accomplished. Hean Vanhorn, deputy director general of the Ministry of Agriculture and director of ...

The real estate and construction industry in Cambodia has been boosted recently after two companies won prestigious awards for their work in the Kingdom. Vattanac Capital walked away with the prize for Best Commercial Development (South East Asia) for the Vattanac Capital Tower at the second ...

Cheng Kheng, director of the CPL real estate company, has been elected to be president of the Cambodian Valuers and Estate Agents Association in 2013, after Sung Bonna, director of the Bonna Realty Group, ended his 2012 term. ... ...

Some 200 garment workers who have been striking for two weeks traveled from their Kandal factory to the Ministry of Social Affairs yesterday to demand a resolution. Representatives met with officials to broker a sitdown for workers from the Master and Frank factory in Ang Snuol. “We ...

Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...

A new decree that increases the minimum wage of workers in Vietnam will not necessarily lead to companies relocating to Cambodia, according to officials. "The Vietnam government has issued [a] decree, which takes effect from January 1, to adjust the minimum wages paid to workers by ...

A senior government official said a new Siem Reap International Airport (NSRIA) being developed with $1 billion of investment by two Korean companies is still on track. NSRIA is wholly owned by two Korean companies, Camco Airport Co and Lees A&A, which held 50 per cent each ...

Coffee production in Mondulkiri province in 2012 will be higher than in 2011, according to farmers and producers. Coffee farmer Bou Sopheap told the Post that he just finished the harvest in December. In 2012, his two-hectare plantation provided about four tonnes of coffee beans, compared to ...

Amid threats of another mass strike in the thriving garment sector, the Ministry of Social Affairs has called a meeting with the industry’s leading players to discuss union demands for a $150-per-month minimum wage, a letter obtained yesterday reveals. At the behest of Prime Minister Hun ...

More than 1,000 workers protested in front of the soon-to-be-closed Svay Rieng Cambodia Garment factory yesterday to demand better severance benefits, and nearly half of them then marched to the provincial hall to seek help from government officials, workers said yesterday. Worker representative Pang Tra said ...

The number of tourists to arrive in Cambodia in 2012 was at least 200,000 higher than expectations, possibly reaching 3.5 million, officials said yesterday. Thong Khon, Minister of Tourism, told the Post yesterday that  in the first 11 months of 2012, Cambodia received 3.2 million tourists, ...

The year 2012 has seen a number of changes of personnel within different companies in Cambodia, particularly in the telecommunications sector, but also in the insurance and banking industry. According to In Channy, ACLEDA Bank’s CEO and vice chairman of the International Business Chamber Cambodia, the ...

Malaysian-owned Maybank, one of the largest banks in Cambodia, opened its 12th national branch in Phnom Penh on Friday. The bank aims to reach emerging businesses in the city's Special Economic Zone (PPSEZ) with the new office. ... ...