News

Workers urge Angkor boycott

Angkor beer workers have been handing out flyers calling for a protest of the brand owned by Cambrew Ltd as the beer promoter strike entered its second day. International NGOs are being urged by the Cambodian Food Service Workers’ Federation to support the strikers by ...

http://www.phnompenhpost.com/index.php/2011072750661/National-news/workers-urge-angkor-boycott.html

Brown Coffee Chain Expands With Third Store

What do three Cambodian teenage girls, a French T-shirt designer, a Japanese doctoral student and a Cambodian businessman have in common? On Thursday afternoon, they were all captured by the appeal of BRow Coffee and Bakery on street 214. The value of this crowd of ...

Fears grow for buildings

The colonial-era buildings damaged by a construction site along Phnom Penh’s bustling riverfront are under threat of imminent collapse, a structural engineer who examined the area said yesterday. Local company Vattanac yesterday complied with local authority demands to halt construction at the Sisowath Quay site – ...

Derek Stout and Phak Seangly
http://www.phnompenhpost.com/national/fears-grow-buildings

Malaysian interest up in Cambodia’s land concessions

Lion Forest Industries Berhad will seek to acquire a 9,995 hectare concession in Cambodia, the latest in a number of Malaysian firms eyeing the Kingdom to increase land banks this year. The firm aims to cultivate rubber and palm oil on the proposed concession in Preah ...

http://www.phnompenhpost.com/index.php/2011072950711/Business/malaysian-interest-up-in-cambodias-land-concessions.html

Silver screen setting up

Sabay Company is set to open a cinema in Sorya Mall on August 4, aiming to become the second cinema in as many months to show licenced films in the Kingdom, Sabay Chief Commercial Officer Abhaya said yesterday. Legend cinema began showing primarily Hollywood movies in ...

http://www.phnompenhpost.com/index.php/2011072950715/Business/silver-screen-setting-up.html

Coffee beans are on the boil

Coffee plantations in Cambodia’s northeast are struggling to keep up with rising international demand for the increasingly lucrative beans, farmers and traders said. Orders for Cambodian-grown coffee beans from countries such as Japan and Korea as well as domestic demand has increased rapidly, while prices have ...

http://www.phnompenhpost.com/index.php/2011072950714/Business/coffee-beans-are-on-the-boil.html

Loran owners resolve dispute, end lawsuits

Disputes between owners at prominent rice miller Loran Import Export Company have been resolved, with Chief Executive Officer Lim Bunheng set to buy the stake held by prominent media personality Soy Sopheap and his associates, company officials said yesterday. “We have agreed to end all disputes ...

http://www.phnompenhpost.com/index.php/2011072950713/Business/loran-owners-resolve-disputes-end-lawsuits.html

Cambodia eyes solar future for rural power

Cambodian officials yesterday touted the potential for green energy to meet its goal of bringing electricity to 100 percent of households by 2020. The Kingdom was looking to develop solar energy, small-scale hydropower and biomass-fuelled power to meet the target, said Ministry of Industry, Mines and ...

http://www.phnompenhpost.com/index.php/2011072950712/Business/cambodia-eyes-solar-future-for-rural-power.html

Vattanac: A Tale of Two City Developments

Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...

Environment Minister Defends Concessions

Environment Minister Mok Mareth yesterday defended the recent surge of economic land concessions granted by his ministry inside the country’s enviornmental conservation areas, saying that they would do more to help the areas than hurt them. Mr Mareth’s comments came while responding to questions at ...

City to Assess Damage to Riverside Buildings

Daun Penh district deputy governor Sok Penhvuth said yesterday that he had ent Phnom Penh Municipality a time line of events at a Vattanac Properties construction project that has severely damaged buildings along Phnom Penh’s Sisowath Quay. The report was sent ahead of the creation ...

Planned Multimillion-Dollar Sugar Plantation Suspended

Mong Reththy Group has suspended a $115 million sugar plantation project that has been three years in the works, CPP Senator Mong Reththy said yesterday. According to Mr Reththy, the suspension is due to “internal” issues facing the French partner in the project, Groupe Sucres ...

CPP Senator’s Sugar Plantation Land Dispute Case Goes to Trial

Describing a 5,000-hectare land dispute between Koh Kong villagers and a sugar company owned by CPP Senator Ly Yong Pgat as “a complicated case,” Koh Kong Provincial Court has decided to try it before a three-judge panel, a lawyer for the villagers said yesterday. The ...

Cambodian Rubber Exports Increase 84%

Rubber exports from Cambodia increased 84 percent in the first six months of 2011 compared to the same period last year, according to figures released by Camcontrol, the government’s import-export inspection agent. Cambodia exported 21,511 tons of rubber, worth $102 million, during the first half ...

Crocodile Farmers Plagued by Volatile Market

Crocodile farmers are feeling the pinch after a year of volatile crocodile prices and market demand. Despite the spike in crocodile prices late last year – which followed on the heels of worrying lows between 2005 and 2007 – demand for the live exports of ...

Kratie land dispute meet

Local authorities told residents of Kratie province’s Snuol district that they would not allow a private company to plant crops on their land during a meeting yesterday. Poeng Vin, chief of Pi Thnou commune, said that local authorities would measure land belonging to hundreds of ...

http://www.phnompenhpost.com/index.php/2011072850687/National-news/kratie-land-dispute-meet.html

Inside look at ‘fainting’ factory

After a three-day standstill at a Puma supplier, shoemakers returned this morning to the factory floors in Phnom Penh where 49 workers reportedly fell ill Monday morning. Huey Chuen factory Assistant General Manager Zhang Hanchang – who led reporters from The Post through the empty factory ...

http://www.phnompenhpost.com/index.php/2011072850686/National-news/inside-look-at-fainting-factory.html

Fears over island fish stocks

Villagers on Koh Kyong island in Preah Sihanouk province are preparing a complaint over more than 300 allegedly unlicensed fishermen who they say are illegally operating in local waters. Loung Bunny, chief of the Association for Natural Protection in Ochroy commune, said yesterday  that fishermen from ...

http://www.phnompenhpost.com/index.php/2011072850679/National-news/over-fishing-fears-over-island-fish-stocks.html

Armed police crack down on protest

Three women were slightly injured while participating in a strike of about 500 workers outside the Zongtex Garment Factory in Phnom Penh’s Dangkor district yesterday, a union representative said yesterday. Suos Sokha, head of the Rights and Profit Workers Federation of Trade Unions, said yesterday the ...

(By Tep Nimol, pg. 6)
http://www.phnompenhpost.com/index.php/2011072850683/National-news/armed-police-crack-down-on-protest.html

North Koreans talk rice

North Korea aims to import rice from Cambodia, as well as explore for mineral resources, officials said yesterday. High-ranking officials from Pyongyang met with their Cambodian counterparts in Phnom Penh yesterday, signing agreements on economic and trade cooperation.The two countries had signed seven cooperation agreements beginning ...

(By Vong Sohkeng, pg. 7)
http://www.phnompenhpost.com/index.php/2011072850685/Business/north-koreans-talk-rice.html

Construction material imports on the increase

A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...

http://www.phnompenhpost.com/index.php/2011072850681/Business/construction-material-imports-on-the-increase.html

Investment accounts open

Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...

http://www.phnompenhpost.com/index.php/2011072850678/Business/investment-accounts-open.html

Cambodia’s construction approvals soar

Construction approvals granted by government authorities have increased 93 percent in the first six months of the year, compared to the same period last year, figures show. Some 1,079 potential projects worth US$637.7 million were given the go-ahead in the January to June period, compared with ...

http://www.phnompenhpost.com/index.php/2011072850677/Special-Supplement/cambodias-construction-approvals-soar.html

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