The Phnom Penh Post

Cambodia's rubber price is expected to fall further in coming years while government projects aimed at doubling rubber resin production will take effect by 2015, according to the latest figures from the Rubber General Department. Mak Kimhong, president of the Cambodia Rubber Association and owner of ...

Phnom Penh, which currently has six satellite cities under development, may be jumping the gun in terms of the demand for them, according to a new report from global real estate firm CBRE. In its latest MarketView report, CBRE says bluntly that currently “demand for satellite ...

Foreign renters are vacating apartments in Phnom Penh’s central Daun Penh district and opting for cheaper, more spacious and better-equipped living spaces elsewhere in the city, realtors and landlords say. As a result, landlords in Daun Penh are being forced to decrease rental prices to try ...

Opposition party whip Son Chhay reiterated his call at a press conference yesterday for the government to raise taxes on economic land concessions from $5 to $7 a hectare up to $70 through an amendment to the draft of the 2013 budget. The Sam Rainsy Party ...

British ambassadors and high commissioners from the ASEAN region convened last week in Singapore; among the range of topics discussed was the increase of the UK’s economic involvement in the region. According to Mark Gooding, British Ambassador to Cambodia, UK trade with Cambodia has been increasing ...

Phnom Penh City Hall had signed a contract with the French company Citelum on Monday to broaden and modernise its public lighting system over the course of a 20-year agreement, the French embassy announced yesterday. ... ...

TK Garment Co Ltd, a leading Thai original equipment manufacturer for fashion lines in Thailand, is relocating its largest production site to Cambodia to escape high wage costs, the Bangkok Post reported yesterday. ... According to Ken Loo, secretary general of the Garment Manufacturers Association in ...

The Commerce Minister said yesterday that China is a potential market for Cambodia’s garment exports and some other agricultural products while the traditional big markets of Europe and the United States are experiencing an economic slowdown. Cham Prasidh said at the sidelines of the Cambodia-China Trade ...

It was only in July this year when German-owned internet start-up incubator Rocket Internet launched shop.com.kh in Cambodia, an online retail store selling electronics such as mobile phones, laptops and tablets. Rocket Internet Cambodia co-founder Karl Seilern told the Post in July that the country’s growth ...

Cambodia's vital southern mangrove systems are choking as rising sea levels, agitated by climate change, inundate them with sand, while sand dredging sucks them dry of sediment, a study by the International Union for the Conservation of Nature (IUCN) has found. Stressed by a host of ...

Next Apparel has filed a lawsuit against its workers for damaging factory property during their ongoing strike. More than 200 workers smashed windows, bikes, cupboards, flower pots and other items in the factory last Saturday. “We demand that the court find justice for the company,” Chea Sovann ...

The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. ... This required clear and ...

Local authorities in the capital’s Russey Keo district had offered residents living along the banks of the Tonle Sap $500 compensation in the wake of sand dredging that began a week ago and has already caused structural damage to their homes, villagers told the Post ...

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...

Workers applying for jobs at a fertilizer factory in Kandal province claim they were passed over in favour of applicants who were members of the Cambodian People’s Party (CPP). Prey Treng II village chief Hang Suon and two job applicants told the Post yesterday that Five ...

Cambodia's nascent life insurance market grew slightly after Manulife Cambodia launched the Manulife Savings Protector yesterday. Combining savings and protection, it will provide life protection for 10 or 15 years to create an estate for relatives in case of untimely death and offer benefits from ...

Local authorities have stepped in to halt construction around a disputed land concession in Ratanakkiri province in an attempt to discover whether the company has the right to clear forest that residents claim they depend on to survive. In what appears to be a rare showing ...

Myanmar Airways International (MAI) has resumed flights between Yangon and Phnom Penh after a four-month suspension due to low demand. The MAI flight landed at Phnom Penh International Airport at 7:15pm on Saturday. MAI country manager Ye Jhan  told a press conference to cover the flight’s arrival ...

Less developed countries should promote domestic software development that meets local needs and capabilities, bringing development gains, a United Nations Conference on Trade and Development (UNCTAD) report published last week says. Locally developed software is more likely to fit the culture, context and language where it ...

Airports of Thailand (AOT) regards possible co-operation with Myanmar’s Airport Authority as a first step for engaging in airport operations and investment in Laos and Cambodia, the Bangkok Post reported AOT’s acting president, Somchai Sawas-deepon, as saying. ... ...

Until the arrival of large-scale development around her home in the northeastern province of Ratanakkiri, Sav Samourn, a member of the ethnic Jarai minority, was frightened of wild animals and ghosts. But as trees disappeared and industrial machinery razed the forestland, the old fears fell away. ...

Prime Minister Hun Sen has reclassified 4,158 hectares of a massive land concession owned by the wife of Senator Lao Meng Khin from his own party for displaced families in Kampong Chhnang province. A jubilant representative of the 4,506 families who have long battled against ...

Three projects of the six satellite cities around Phnom Penh that were originally approved by the government have been “significantly” developed, according to officials of the Ministry of Land Management, Urban Planning and Construction. ... Lao Tepseiha, deputy director of the construction department of the Ministry ...

Cambodia's total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...