Ratch pulls out of JV for Cambodia power plant
Ratchaburi Electricity Generating Holding will cancel its joint-venture agreement with KK Power to build a 1.8-gigawatt coal-fired power plant in Koh Kong province of southwestern Cambodia. Pongdith Potchana, chief executive of Ratch, said yesterday that the company had revised the plan after its analysis indicated that ...
Cambodian oil imports decrease by 2.2 per cent
Cambodia imported 1.31 billion tonnes of oil in the first 10 months of this year, a 2.2 per cent slide compared to 1.34 billion tonnes in the same period last year, according to data from the Ministry of Commerce. Industry experts said the drop did not ...
Chan Muy Hong
http://www.phnompenhpost.com/business/cambodian-oil-imports-decrease-22-cent
Organizations Push for Employment of Disabled Persons in Provinces
Local and international organizations on Tuesday marked International Day of Persons With Disabilities by calling on the government to extend its efforts to employ more disabled people beyond Phnom Penh’s environs. A sub-decree attached to the government’s Disability Law, enacted in July 2009, states that the ...
Matt Blomberg and Ben Sokhean
http://www.cambodiadaily.com/news/organizations-push-for-employment-of-disabled-persons-in-provinces-48540/
Insurance claims through the roof
Partly triggered by recent flood damage and an increase in road accidents, claims filed with the six general insurance companies in Cambodia spiked more than 160 per cent in the nine months through to September compared with the same time last year, the latest data ...
Chan Muy Hong
http://www.phnompenhpost.com/business/insurance-claims-through-roof
Appeal Court upholds controversial convictions
The Court of Appeal on Monday upheld the protest-related convictions handed down to 11 activists in November, but reduced the prison sentences of all but the most high-profile members of the group. Seven of the defendants were arrested in mid-November for blocking traffic during a ...
Mech Dara
https://www.cambodiadaily.com/news/appeal-court-upholds-controversial-convictions-76728/
China’s Hu Visits Cambodia as Asean Leaders Eye Sea Disputes
President Hu Jintao today becomes the first Chinese head of state to visit Cambodia in 12 years, in a trip days before Southeast Asian leaders gather for talks that may touch on territorial disputes in the South China Sea. Hu’s visit, which lasts until April 2, ...
Stock market rings in PPAP
Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...
Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap
Registered Businesses UP by 37 Percent, Data Show
Registered businesses have increased in number by 37 percent to approximately 1,528 compared with the same period for 2010. Cambodian Chamber of Commerce officials say that the number of entrepreneurs has increased with them focusing on textiles, agriculture and construction. Cambodia currently has an export ...
World Bank No Longer Funding State-Run Radio
The World Bank has ceased funding Radio National Kampuchea (RNK) as of last month due to a failure to comply to the bank’s Demand for Good Governance Project agreement. The funding ended on June 30. The World Bank granted RNK US $20 million with a ...
Ministry Releases Data on Trade for 2011
The trade deficit of Cambodia has reached $1.02 billion for the first six months of the year or 48.63 percent according to the Ministry of Commerce. This is as a result of exports increasing 50 percent based on year-on-year data. According to Chan Sophal, president ...
US Debt Woes Could Affect Cambodia, Conference Told
Cambodia is concerned that US debt could lead to rising import costs. US lawmakers are currently trying to pass a deficit-cut deal before Aug. 2 when the US reaches its own debt ceiling of $14.3 trillion. Without a deal the US would default on its ...
Inflation rates driven by increases in food prices
The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...
Project to conserve Bakheng Temple gets $450,000 grant
A nearly half-million-dollar grant will allow a conservation project at Phnom Bakheng Temple – one of the oldest temples in the Angkor Archaeological Park – to be completed, according to the World Monuments Fund. The $450,000 grant was donated by the US Ambassadors Fund for Cultural ...
Australian grant to assist railway families
The Australian government is committing $1 million to help families being forced out of their homes to make way for a railway rehabilitation project it is co-funding with the government and the Asian Development Bank (ADB), the Australian Embassy said in a statement Friday. The embassy ...
Siem Reap proposed airport said to be on track
A senior government official has said construction on the US$1 billion airport project in Siem Reap was still on track despite the recent arrest of a key person in charge of the project. Plans and designs for the New Siem Reap International Airport had been submitted ...
Nearly $2 billion invested in four projects
The Council for the Development of Cambodia (CDC) on Thursday announced it has approved four projects so far in June, amounting to $1.9 billion. CDC posted in its Facebook page that since the beginning of the month it has issued final registration certificates for four ...
Sok Chan
https://www.khmertimeskh.com/50501766/nearly-2-billion-invested-in-four-projects/
Police block villagers amid protest to seek land dispute solution
A woman fainted on Wednesday following a confrontation with police while she and 800 other protesters were marching to Prime Minister Hun Sen’s residence in the capital to deliver a petition. The protesters were among 1,642 families who have been locked in a long-running land ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/police-block-villagers-amid-protest-seek-land-dispute-solution
Foreign Affairs Minister lays out core foreign policy values
The Minister of Foreign Affairs and International Cooperation on Monday outlined the four core foreign policy values that Cambodia is focusing on in the current global context. Deputy Prime Minister Prak Sokhonn was talking to some 1,200 university students at the National Institute of Education ...
Niem Chheng
https://www.phnompenhpost.com/national/foreign-affairs-minister-lays-out-core-foreign-policy-values
CMAA: Thirty killed or disabled by UXO this year
At least 30 people have been killed or disabled by unexploded ordnance (UXO) this year, a 76 per cent increase on the same period last year. The incidents happened during the grabbing of forest land, illegal wildlife hunting, unauthorised logging and attempted UXO disposal. “From ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cmaa-thirty-killed-or-disabled-uxo-year
PM calls for halt to ‘illegal’ protests
Prime Minister Hun Sen on Wednesday called on labour unions to immediately stop organising demonstrations and strikes to “illegally” demand benefits from factory owners. He said such actions could spin out of hand and force around two-thirds of the Kingdom’s factories, approximately 800 of the ...
Long Kimmarita
https://www.phnompenhpost.com/national/pm-calls-halt-illegal-protests