Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Timber! Business is starting to improve

Timber! Business is starting to improve

Timber! Business is starting to improve

The downturn in the property market over the past couple of years has affected many layers of Cambodian society.  Chy Bora, 47, has run her timber yard in Svay Rieng since 1995.

Buying timber from suppliers in Ratanakkiri province, she sells to customers in districts throughout the town. Traditionally January to March is the busiest time for trade as this is when people build new houses.

Judging by the deafening noise from the wood saw in her yard, today would seem to be a good day. Outside, three horse-cart drivers are waiting to take wood to customers.

However, appearances are deceptive. The drivers are hanging around waiting for orders like tuk-tuk drivers on street corners.

“If we compare with previous years, business is not so good right now,” says Chy Bora. “Previously, land fetched a high price and sales of wood were good. But this year is better than last.”

According to Chy Bora, when the price of land is high, people tend to haggle less about the price of timber. “Now they bargain a lot,” she says.

In October 2009, Chy Bora took out a loan of US$40,000 from ACLEDA Bank to buy more timber.

“When I started I only had two or three cubic metres of wood,” she says. “After borrowing money from ACLEDA Bank we had more wood ... around 150 cubic metres.”

Despite this, Chy Bora is looking to extend her loan.

“If we have only a little capital we don’t have all the right equipment and it is very difficult to compete so customers will go to another place,” she says. “If we get another loan it will be very good.”

Chy Bora believes a further investment of $200,000 would enable her to compete with other timber merchants. TRANSLATION BY RANN REUY{jathumbnail}


  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all