Pig farmers ditch task force to monitor smuggling

A private sector task force set up by Cambodia’s pig farmers to monitor live swine imports and investigate reports of illicit smuggling has been disbanded after receiving a cold reception from government officials, the initiative’s leader said yesterday. ...

Cheng Sokhorng

Rubber producers want export taxes scrapped

A group of private sector rubber producers have petitioned the government to drop export taxes on rubber products, arguing that by scrapping the tax the sector would attract foreign investment into processing factories. ក្រុមអ្នកផលិតកៅស៊ូចង់នាំឱ្យពន្ធនាំចេញត្រូវលុបចោលក្រុមអ្នកផលិតកៅស៊ូឯកជនមួយបានដាក់ញ្ញត្តិទៅរដ្ឋាភិបាលដើម្បីទម្លាក់ចោលពន្ធនាំចេញផលិតផលកៅស៊ូ ដែលលើកឡើងថា ការមិនយកពន្ធនាំចេញនៃវិស័យនេះអាចនឹងទាក់ទាញវិនិយោគិនបរទេសមកដំឡើងរោងចក្រកែច្នៃ។ ...

Post Staff

Call to revise rubber tax

As the price of natural rubber tumbles due to a slowdown in the global economy and falling demand for the commodity, the Kingdom’s hard hit rubber industry investors are now calling on the government to revise export taxes. ...

Chea Vannak

Tycoon looks to expand and deepen private Sihanoukville seaport

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville.   ...

Cheng Sokhorng

Mango exports to EU growing

Almost 60 tons of Cambodian mangoes were exported to the European Union during the harvesting season this year, according to Mong Reththy, who runs the country’s largest agricultural export company. ...

Sum Manet

Korea opens market to Cambodian mangoes

Mango growers now have access to the South Korean market following an agreement signed on Friday between officials from Korea and the Ministry of Agriculture, Forestry and Fisheries. ...

Sum Mane

Mangoes exported to Europe in a first for kingdom

Mong Reththy, known as the king of agriculture in Cambodia for his role running the large Mong Reththy Group, aims to expand the Kingdom’s mango market to Europe. ...

Sum Manet

EU market could tap into tapioca

Local agro-industrial conglomerate Mong Reththy Group is negotiating a new partnership that would send large-volume shipments of Cambodian cassava products to Europe for the first time. ...

Sor Chandara

Mong Reththy: cooperation key to solving land disputes

Mong Reththy, a senator for the Cambodian People’s Party (CPP) and an agro-industrial tycoon, said land disputes between companies and local residents occur because of a lack of understanding on both sides. ...

Chea Takihiro

Seasoned tycoon reprimands new land concession holders

Mong Reththy, one of Cambodia’s most prominent tycoons, complained Tuesday that recent recipients of expansive land concessions from the government have less of a social conscience than entrepreneurs granted land in the 1990s. Speaking on the sidelines of a conference hosted by USAID and the NGO ...

Aun Pheap

Livestock law near approval

A draft law on animal health and production is expected to be approved by the December 2015 Asean Economic Community (AEC) deadline, government officials say. Soun Sothoeun, deputy director of animal health and production at the Ministry of Agriculture, said on Friday that the new law ...

Chan Muyhong

Interested, but not yet committed

From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...

Daniel de Carteret and May Kunmakara

As oknha ranks grow, honorific loses meaning

Initially a status reserved for a privileged few, the number of businesspeople bearing the honorific “oknha” has ballooned from an estimated 20 individuals in 2004 to some 200 in 2008 and more than 700 today. Traditionally a title of nobility bestowed by the king to honor ...

Sek Odom and Simon Henderson

First mango export factory planned

Mong Reththy Group is co-investing $2 million to build a factory in Preah Sihanouk province for the packaging and export of Cambodian mangoes, the first company to formally ship the fruit overseas. Located in Koe Phos commune, the factory will cover 12 hectares of land and ...

Hor Kimsay

The slaughterhouse blues

It’s 1am and, as Phnom Penh sleeps, the haunting squeals of distressed animals are all that can be heard in the darkness of a field in Russey Keo district. Pigs in open-air sheds have sensed what’s coming: Hundreds of them are about to be slaughtered for ...

Shane Worrell and Khouth Sophak Chakrya

Local palm oil exporter targets EU

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 ...

Council Of Ministers Backs Hun Sen’s Plan To Rebuild Homes

The Council of Ministers yesterday backed Prime Minister Hun Sen’s plan to rebuild the flattened homes of 49 families who were violently evicted earlier this month in Preah Sihanouk province’s Stung Hav district. In a statement on Sunday, Mr. Hun Sen dismissed the Council of Ministers’ ...

New palm oil plant for $16m

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...

Private Firms Approach Cambodia’s Bourse With Caution

When it became the first—and still the only—company to list on Cambodia’s stock market on April 18, the Phnom Penh Water Supply Authority saw its share price shoot up some 50 percent on its first day of trading before beginning two weeks of steady decline. Since ...

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