The Phnom Penh Post
Rice industry body president gets wary vote of confidence
Cambodia’s apex rice industry body held its annual general meeting on 2 July, with its members unanimously re-electing its well-connected incumbent president, Sok Puthyvuth, for a second term in what some are calling a dress rehearsal for his political ascendancy. Puthyvuth, the son of Deputy Prime Minister ...
NGO releases ELC figures to help with ‘shortcomings’
The NGO Forum on 28 June released an extensive and updated accounting of economic land concessions in Cambodia, suggesting that in a 20-year period, 267 ELCs totalling 1,532,783 hectares were granted. The data collection, from 1995 to the end of 2015, was conducted by the Research Advocacy ...
Officials bid to increase South Korean investment
A delegation of Cambodian investment officials and prominent private sector businessmen held a seminar in Seoul, South Korea, on 29 June in an effort to drum up more Korean investment in Cambodia’s growing agro-industrial sector. The Cambodian delegates briefed more than 80 Korean investors in attendance on ...
Worker traffic accidents down in ’16
The number of traffic accidents involving workers is down 28 per cent in the first six months of 2016 compared to the same period last year, Cambodia’s Ministry of Labour’s National Social Security Fund reported on 28 June. Accidents for 2016 through June totalled 2,259, with 2,849 ...
New restrictions aim to curb rice imports
Cambodia’s Ministry of Economy and Finance announced on 27 June that the government will block all illegal rice imports at its borders and limit legal rice shipments from Vietnam based on production cost. As part of the new regime, only milled rice with a production cost of ...
Kingdom scores low on human capital index
A report released on 28 June by the World Economic Forum underscores Cambodia’s poor performance at educating and training its citizens in order to develop a competitive workforce and put their skills to productive use. The Kingdom ranked 100th out of 130 countries in terms of human ...
Chinese firm floats proposal for rail link to capital’s port
A representative of China Railway 16th Bureau Group met with Transportation Minister Sun Chanthol on 26 June to discuss a $250 million project proposal that would link the container terminal of Phnom Penh Autonomous Port to the Southern Line, a 266-kilometre rail line that stretches from ...
Banking service deemed poor
While Cambodia’s crowded banking sector has enjoyed strong growth, the majority of consumers surveyed have cited dissatisfaction with banking services as a main impediment for the sector’s confidence and future growth. “Banks need to serve the people and teach them how to spend, invest and save ...
EU, SIDA offer €33.1M grant for budget reform
The European Union and the Swedish International Development Cooperation Agency have agreed to provide a grant of €33.1 million to support the third phase of Cambodia’s Public Financial Management Reform Program, state news agency AKP announced on 24 June. Keep reading ...
Proposal for training to enhance factory skills
Cambodia has appealed to Germany – a country renowned for its skilled technicians and engineers – to provide vocational training to support the Kingdom’s growing industrial sector, a Commerce Ministry official said on 24 June. In a meeting earlier this week, Minister of Commerce Pan Sorasak ...
