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Firm Plans Impact Assessments off Preah Sihanouk

Mirach Energy Ltd., formerly known as China Petrotech Holding Ltd. (CPHL), announced on Tuesday that its Cambodian counterpart, CPHL (Cambodia), had contracted two companies to conduct environmental impact studies for offshore assets in Block D, off the coast of Preah Sihanouk province. Mirach Energy said in ...

Rebuilding Cambodia's troubled railways

A project to rebuild Cambodia’s decrepit rail-system appears on track for completion, despite delays and difficulties relocating residents The ABC has been told of the $26 million originally allocated through AusAID, just over $14 million remains, and will go towards finishing tracks and building a bridge ...

http://www.abc.net.au/news/2012-10-10/an-rebuilding-cambodia27s-troubled-rail-system/4305676

Investment needed to reach rice goal: experts

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

http://etmcambodia.com

Pol Pot-Era Airbase Earmarked as Future Tourist Gateway

Prime Minister Hun Sen said Saturday that in order to manage future tourist numbers, the government will construct a new international airport on the site of the Kampong Chhnang airbase, which was built by slave labor during the Khmer Rouge regime. Mr. Hun Sen said that ...

Draft Law for Lower Sesan Dam Details Plans for Compensation

A draft law on the financing of a controversial dam project in Stung Treng province obtained yesterday shows that about $38 million will be spent on the resettlement of almost 800 families. This marks a significant decrease from the more than 1,000 families the companies ...

http://www.cambodiadaily.com

Olympic Organizing Committee to Investigate Cambodian Factory

The London Organizing Committee for the Olympic Games (Locog) plans to investigate allegations that a Cambodian factory producing Olympic merchandise for Adidas is not paying workers a sustainable living wage, a spokesman for Locog said yesterday. The investigation is a response to an article published Saturday ...

Missing Land Protesters Were Arrested, Charged With Fraud

Two men from Kratie province who were removed from a vehicle on Tuesday while traveling to Phnom Penh to demonstrate at Prime Minister Hun Sen’s house over a land dispute, have been arrested by internal security police and charged with fraud, an official said yesterday. Sless ...

Australian Senate Pushes for Fair Elections in Cambodia

The Australian Senate yesterday urged the Cambodian government to run free and fair national elections next year without the “harassment or intimidation” of opposition leader Sam Rainsy, who remains in self-imposed exile avoiding an 11-year jail sentence. The appeal comes only days after the European Parliament ...

http://www.cambodiadaily.com/news/australian-senate-pushes-for-fair-elections-in-cambodia-4930/

The week at the CSX: Nov 26th - Dec 5th

Stock trading at the Cambodia Securities Exchange of the only publicly listed company, Phnom Penh Water Supply Authority, slightly fluctuated in terms of both trading volume and price in the last five trading days from Nov. 26 to Dec. 5. On Nov. 26, one day before ...

http://www.etmcambodia.com/viewarticles.php?articlesid=329

Tong Yang to Underwrite Bonna Realty IPO

More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...

Cambodia Unsuccessful in Bid for UN Security Council Seat

The U.N. General Assembly’s vote for the Asia-Pacific non-permanent seat on the Security Council went to the wire yesterday night, as a second ballot had to be held when none of the contenders, Cambodia, South Korea and Buthan, won a clear two-thirds majority. After the ...

Halal food exports could boost trade

Cambodia could attract an increasing number of Malaysian investors interested in food production and global export if moves to create a halal food recognition body were implemented, Malaysian ambassador Mond Tahir Nasruddin said yesterday. officials were working together to establish the halal food product recognition ...

44 garment factory Workers Hurt in Road Traffic Accident

Forty-four garment factory workers were injured in a traffic accident yesterday morning in Svay Rieng province as they traveled to work in the back of an open truck, police said. The workers were riding in the truck when it overturned after colliding with a tractor-trailer on ...

Northwest Prepares as Thailand Opens Dam

Thai authorities yesterday opened a dam near the Cambodian border, a move that could worsen flooding and affect thousands of people in Banteay Meanchey province, according to Cambodian officials. Mr. Vanda [vice president of the National Committee for Disaster Management (NCDM)] said the excess water ...

Flood's deadly toll contested

Disputed figures surround the flood death toll in Banteay Meanchey province. Yesterday, Banteay Mean­chey city hall spokesman Keo Ratanak rejected reports that more than 10 people had drowned in the province as a result of the flooding, saying: “The exact number is seven.” But according to numbers ...

http://www.phnompenhpost.com/index.php/2012100259036/National-news/floods-deadly-toll-contested.html

Airport Fees Must Be Uniform And Transparent, UN Body Says

Aeronautical fees imposed at airports in countries which are members of the U.N.’s International Civil Aviation Organization (ICAO)- including Cambodia- must be uniformly and transparently applied to all airlines, a spokesperson for the ICAO said yesterday. Last week, airline officials  said that a $1,000-per-landing royalty fee ...

Before Obama visit, Cambodians clear streets -- or take to them

As Barack Obama prepares for the first visit by a United States president to Cambodia this month, the country is reportedly preparing for him too — by hiding street children from sight in Phnom Penh While the government has tidied its streets, protesters have begun camping ...

http://By Emily Alpert

Cambodia Launches "One Tourist, One Tree" Campaign To Promote Green Tourism

Cambodia on Wednesday launched a “one tourist, one tree” campaign, aiming to promote green tourism and environment protection, Tourism Minister Thong Khon said. “We have already prepared tourism gardens in 11 provinces including cultural Siem Reap province, coastal Preah Sihanouk province and eco-tourism side in Kratie ...

http://news.xinhuanet.com/english/travel/2013-02/27/c_132196175.htm

World Bank upgrades Cambodia's growth forecast for this year

The World Bank upgraded Monday its GDP growth forecast for Cambodia to 7.0 percent for this year, up 0.3 of a percentage point from its last projection in December. “In Cambodia, a likely stabilization in high-income country conditions should support further improvements in garment production and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjcxMzgzNzA1NWR

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