The Phnom Penh Post
Land survey for Royal’s K Rong project begins
Authorities on Preah Sihanouk province’s Koh Rong island on December 13 started measuring out a land concession given to the Royal Group, which is building a five-star hotel and resort, in order to allow the company to develop the area and to provide plots to ...
EU pressure effective?
In recent years, communities displaced by sugar plantations have attempted to reclaim their land by targeting the plantations’ investors and buyers overseas, but a study published last week in the peer-reviewed Journal of Civil Society suggests such efforts may disappoint. Author Young Sokphea notes that ...
Local firm proposes $100 million aquarium
Local investment company Khmer Holding Group floated a proposal for $100 million aquarium during a meeting with the Ministry of Agriculture, a ministry official said on December 13. Eng Chea San, director-general of the fishery administration at the ministry, said the group discussed the project ...
Contract farming could unlock value chain: experts
A visiting delegation of agricultural experts suggested that Cambodia’s struggling rice industry should develop a contract farming model that if used systematically would help confront the complicated supply chain dynamics that bog down smallholder farmers. The Global Institute for Tomorrow, a Hong Kong-based think tank, ...
Rice millers pass health check for China trade
More than half of 50 rice millers that applied for export permits to China passed a health and safety inspection by a visiting Chinese team, though they will have to wait for official confirmation from the Beijing government before they can begin exporting, an Agriculture ...
Cambodia to remain among least developed countries, for now
Cambodia is not expected to graduate from its Least Developed Country status until after 2025, though it has made progress in furthering its development, a new report by a UN agency said. The United Nations Conference on Trade and Development projected in its latest review ...
Connecting former addicts to the users in need of help
Down a back alley in Phnom Penh’s Chbar Ampov neighbourhood, a handful of men and women are ushered into a non-descript house filled with a row of wooden beds. Many appear nervous. A mother and child are asleep on one of the beds, where they ...
Chinese firm mulls energy sector prospects
A leading Chinese manufacturer of power transmission and distribution equipment recently visited Cambodia to explore opportunities in the Kingdom’s rapidly growing energy sector, including a proposal for a factory to produce equipment for the electricity sector. The Ministry of Mines and Energy met representatives of ...
Mixed feelings toward dredging-fuelled fund
Minister of Mines and Energy Suy Sem on December 6 announced in Koh Kong province the creation of a community fund of nearly $40,000 for Koh Sralao village, according to a ministry official, who said the funds came from a 2-cent-per-cubic-metre levy imposed on sand dredgers ...
Central bank orders lenders to step up lending in riel
Cambodian microfinance institutions have said they would comply with a new regulation issued by the central bank that requires them to hold at least 10 percent of their loan portfolio in the Kingdom’s national currency. A prakas published by the National Bank of Cambodia on ...
