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ANZ chief says Cambodia should de-dollarise

ANZ chief executive Mike Smith says Cambodia should decouple the riel from the US dollar to a stand-alone currency and align itself to the Chinese renminbi (RMB), given the shift in global trade flows. At the Cambodia Outlook Conference in Phnom Penh yesterday, Smith said: “I ...

http://www.phnompenhpost.com/2013022161527/Business/anz-chief-says-cambodia-should-de-dollarise.html

Phnom Penh to get new water treatment plant

Construction is to begin this month on a $40 million water treatment plant to help Phnom Penh meet a growing demand for clean water, following an official contract signing ceremony Friday. The plant, called Niroth 2, is the second stage in a massive water treatment facility ...

Holly Robertson and Kang Sothear
http://www.cambodiadaily.com/business/phnom-penh-to-get-new-water-treatment-plant-65561/

Villagers salute Chea Dara

A mother whose family face eviction from their home at Boeung Kak lake was farewelled at a funeral on Saturday evening, hours after her body was found in the Mekong River. Chea Dara’s body was identified by family members on Saturday in Samraong Thum commune, Kien ...

http://www.phnompenhpost.com/index.php/2011112853004/National-news/villagers-salute-chea-dara.html

Borei Keila evictees will be given a lift back to vote

Borei Keila evictees will have a chance to revisit the area they were forcibly evicted from this Sunday when authorities truck them back from the makeshift tents of their relocation site for a special purpose – to vote. Touch Khorn, a representative of the Borei Keila ...

http://www.phnompenhpost.com/index.php/2012053156512/National-news/borei-keila-evictees-will-be-given-a-lift-back-to-vote.html

First Park Hyatt in Southeast Asia opens in Siem Reap

Hyatt Hotels Corp has announced the opening of the first Park Hyatt in Southeast Asia in Siem Reap. The announcement Wednesday said the reopening of the former Hotel De La Paix in downtown Siem Reap followed a 14-month renovation by award-winning interior Designer Bill Bensley. “We are ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTJhYWQ3Mzc1NjI

Illegal building sites to have power cut

The government is to act against illegal construction sites nationwide by cutting off their electricity and water and halting the supply of materials. The measures come as the latest move against unlicensed projects after 28 people were killed and 26 injured following the collapse on ...

Long Kimmarita
https://www.phnompenhpost.com/national/illegal-building-sites-have-power-cut

Tonle Sap water project to help Siem Reap town

The Japanese government sealed the deal yesterday on an agreement to provide Cambodia with a US$86 million loan for a project that will supply Siem Reap town residents with water from the Tonle Sap lake and alleviate their need for water drawn from wells. The 40-year ...

http://www.phnompenhpost.com/index.php/2012033055333/National-news/tonle-sap-water-project-to-help-siem-reap-town.html

French Scholar ‘Shocked’ Over Damage to Riverside Home

Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...

Siem Reap Theft Fears Rise

Fears of theft are on the rise among market vendors in a tourist district in Cambodia’s Siem Reap province, the gateway to the world-renowned Angkor archeological site. Vendors at a market in Puok district said they had lost a lot of money following a slew of ...

http://www.rfa.org/english/news/cambodia/siem-reap-01302013174007.html

Railway Evictees Tussle With High Debt Levels

Adding to a growing body of research into the flaws of Cambodia’s $142 million railway rehabilitation project, a report published yesterday said soaring debt levels are crippling families forcibly relocated by the project. In the report by land rights organization Sahmakum Teang Tnaut (STT), researchers tracked ...

Cambodia to establish int'l committee for safeguarding, developing world heritage Preah Vihear

ambodia is working with UNESCO to form an International Coordinating Committee for the Safeguarding and Development of the Historic Site of Preah Vihear (ICC-Preah Vihear), Deputy Prime Minister and Cabinet Minister Sok An said Tuesday. Speaking during a meeting with South Korean Ambassador to Cambodia Kim ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/culture/2014-08/19/c_133568463.htm

Smart rolls out 4G network

Mobile internet speeds in Cambodia are ratcheting up a notch. Smart Mobile, the country’s second largest operator by subscribers, is making 4G LTE internet available to customers this week, the company announced yesterday during the launch of the service at NagaWorld Casino. Thomas Hundt, CEO of Smart, ...

Eddie Morton
http://www.phnompenhpost.com/business/smart-rolls-out-4g-network

Japan to Give $840,000 To Demining Projects

Japan signed an agreement Thursday with the Japan Mine Action Service (JMAS) to provide $839,363 to deining projects in Battambang province, which will benefit about 5,500 residents. Together with the Cambodian Mine Action Center (CMAC), which will receive almost half of the donations from Japan, JMAS ...

Betargo readies for the contruction of its 18,000t per annum feed mill in Cambodia

Betagro (Cambodia) readies for the construction of its new feed mill in Phnom Penh SEZ. The feed mill is to be constructed in the capital’s Special Economic Zone, located 12km from the city center. The company is investing USD$17.2 million in the new project. The plant construction ...

http://www.feedmachinery.com/news/asia/betargo-readies-for-the-contruction-of-its-18000t-per-annum-feed-mill-in-cambodia-0158/

Families Face Re-Eviction, Submit City Hall Petition

Representatives of 19 families facing the eviction from their homes in Phnom Penh’s Pur Senchey district submitted a petition to City Hall yesterday, demanding land as compensation. The families claim that the eviction is doubly bitter because they had been relocated to Andong 3 Village, Kouk ...

European Lawmakers Press for Probe of Land Concessions

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

http://www.cambodiadaily.com

French investors plan tram system for Phnom Penh

French companies are considering plans to invest in a tram system providing comfortable public transport for residents of Phnom Penh, an official said Friday Kuy Koung, spokesman for Ministry of Foreign Affairs and International Cooperation, said the project was discussed during a meeting between Foreign Minister ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YmM0ZTFkZDJjNzg1YTgwMTE4OTU1MGVmYjM0NTYx

Tourism Sector Faces Dearth of Skilled Labor

With the number of tourists visiting the country increasing rapidly, hotels are coming under strain due to lack of skilled chefs and waiters in the industry, according to hotel managers. In the first six months of 2012, international visitors reached 1.75 million, a 26.8 percent ...

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