Looming oil funds put Cambodia at crossroads
On Sunday, CPP lawmaker Cheam Yeap will attend a forum on the evolving oil and gas sector with about 400 university students. If all goes according to plan, Chevron Corporation will begin to extract oil from Cambodian waters in little over a year. Though the amount ...
'Disappointed' donors still await government meeting
Government Palace, the imposing gray headquarters of the Cambodia Development Council next to Wat Phnom, should be buzzing this morning with the country’s top foreign diplomats and government officials discussing aid and reform. Instead, with the government’s decision to indefinitely postpone this year’s Cambodian Development Cooperation ...
Kingdom set to host Asean banking meet
Cambodia will host the 22nd Asean Banking Conference and the 49th Asean Banking Council Meeting, Association of Banks in Cambodia (ABC) president In Channy said on Thursday. Channy told The Post that the event will be organised by the ABC and will be held from ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-set-host-asean-banking-meet
Gulf talks with Cambodia and oil-concession bids pushed back
Two items on the government’s energy agenda – preparations for talks with Cambodia on a solution to the countries’ overlapping claims in the Gulf of Thailand and the plan to open a 21st round of bidding for petroleum exploration and production concessions – are likely ...
Maid ban to remain until safety improves
The ban on sending Cambodian women for employment as maids in Malaysia will be lifted once certain safety and training precautions for workers are established, a senior government official said yesterday. Seng Sakada, the director general of the Ministry of Labour, said that his office is ...
Minh: Connectivity is key to Asean's tourism plans
Connectivity is crucial to the process of building the Asean Community, and ties in with the effort to market the region as a single tourist destination, the grouping’s chief said. “Asean is in the process of building the Asean Community, and in the process of building ...
http://www.nationmultimedia.com/aec/Minh-Connectivity-is-key-to-Aseans-tourism-plans-30198610.html
Cambodia eyes domestic oil production, refinery for energy security: official
Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...
http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/7105582
In Speech, Hun Sen Implicated His Cousin in Land Grabbing
Prime Minister Hun Sen on Friday implicated his cousin as being behind an attempt to sell land in Svay Rieng province that was set aside by the government in 2009 to provide hundreds of land titles to villagers on a social land concession. Speaking at a ...
Group Starts Online Petition to Stop Land Dispute Violence
Hoping to end the cycle of violence in land disputes in Cambodia, and to garner public support for people who are the victims of land grabbing, five concerned citizens held a press conference Friday to announce the launch of their own online petition whose results ...
Loans from China Still Welcome, Hun Sen Says
The Chinese government is considering loaning an unspecified amount of money to cover the cost of constructing 20 new national roads, Prime Minister Hun Sen said yesterday. Speaking at the inauguration of 128-km stretch of National Road 62 linking Kampong Thom and Preah Vihear provinces, also primarily funded by ...
Court drops Wutty case
Five months after the fatal shooting of forestry activist Chut Wutty, Koh Kong Provincial Court dropped his case yesterday morning, saying they would only be looking into the shooting of the man who allegedly killed Wutty – a trial that wound up lasting less than ...
http://www.phnompenhpost.com/index.php/2012100559135/National-news/court-drops-wutty-case.html
Hundreds Rally to Stop Forced Land Evictions in Phnom Penh
Hundreds of families from more than a dozen communities joined local human rights groups yesterday as they rallied outside the National Assembly for World Habitat Day, calling for an end to forced land evictions in Phnom Penh. Among those protesting were residents from the Boeng ...
http://www.cambodiadaily.com/hundreds-rally-to-stop-forced-land-evictions-in-phnom-penh/
PM's land titling scheme full of ambiguity
Adorned in new military uniforms, about 400 more young volunteers who have been enlisted into Prime Minister Hun Sen’s ambitious national land-titling scheme departed from Diamond Island yesterday armed with measuring tapes, computers and GPS units. The budding surveyors are the latest group of some 2,000 ...
Electricity Prices to Rise For Thousands of Homes
The state-owned energy supplier Electricite du Cambodge (EdC) will increase the price of electricity in September for tens of thousands of homes in Phnom Penh and three other provinces due to a hike in the cost of energy being supplied by Vietnam, officials said yesterday. Ty ...
Lao dam unapproved yet under way: NGO
The construction of Don Sahong Dam, the second of 11 potential and controversial Mekong mainstream dams, is moving ahead without approval from Mekong River Commission members, according to a conservationist group report. Located less than two kilometres from the Cambodian-Lao border, the dam has been slammed ...
http://www.phnompenhpost.com/2013062766515/National/lao-dam-unapproved-yet-under-way-ngo.html
Mekong forest facing sharp decline: WWF
BANGKOK: Demand for farmland may strip the Greater Mekong region of a third of its remaining forest cover over the next two decades without swift government action, a leading conservation group warned Thursday. Forests are being cleared for commodities such as rubber and rice while illegal logging is decimating ...
http://www.channelnewsasia.com/news/asiapacific/mekong-forest-facing-sharp-decline-wwf/661574.html
Duty-Free Agreements Worry Minister
Duty-free agreements between regional competitors and foreign importers would put the Cambodian garment industry at risk, Commerce Minister Cham Prasidh said last week. Speaking to reporters after a meeting, Prasidh warned that the Kingdom’s garment sector would not be able to maintain its competitive edge over ...
http://www.phnompenhpost.com/2013060366010/Business/duty-free-agreements-worry-minister.html
Cambodia, next powerhouse for Asean investors
The success Qatar’s Ooredoo had with being issued a mobile phone licence in Myanmar is an encouraging development for Middle East investors who are looking into the possibility of entering a venture or opening a business in Southeast Asia. Let’s take a look at Cambodia. ...
http://www.gulf-times.com/business/191/details/359376/cambodia,-next-powerhouse-for-asean-investors
Geopacific Resources outlines rights issue, funds to advance copper project in Cambodia
Cambodian-focused Geopacific Resources (ASX: GPR) has now released its 10 for 17 non-renounceable rights issue which will raise up to A$3.0 million at $0.05, and forms part of a larger funding package. In August GPR outlined a funding package which will include an equity placement of ...
Proactive Investors Australia News Styaff
http://www.proactiveinvestors.com.au/companies/news/47714/geopacific-resources-outlines-rights-issue-funds-to-advance-copper-project-in-cambodia-47714.html
H&M may raise prices to pay workers
Clothing giant H&M is considering raising retail prices and passing the buck onto the consumer to help pay higher wages to garment workers in poor countries. There won’t be any price increases in the short-term, but it “might be a possibility” in the future, Helena Helmersson, ...
Daniel de Carteret and May Kunmakara
http://www.phnompenhpost.com/business/hm-may-raise-prices-pay-workers