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HAGL called out at the UN

A Cambodian delegation to the United Nations last week used the stage to shame the World Bank’s financial arm for failing to adequately monitor investments in a Vietnamese rubber giant accused of illegal logging, forced evictions and sexual harassment. Representing 17 indigenous communities in Ratanakkiri that ...

Laignee Barron
http://www.phnompenhpost.com/national/hagl-called-out-un

Asean Seeks To Downplay Row Over South China Sea

The president of the Philippines, a major Asean claimant to portions of the South China Sea, says the country wants the right to solve its problems on the world stage. But Asean leaders on Tuesday sought to downplay his remarks and said they did not ...

http://www.voacambodia.com/content/asean-seeks-to-downplay-row-over-south-china-sea/1549839.html

Future of Gold Tower 42 in Arbitration Court

The owner of the $240 million Gold Tower 42 project in Phnom Penh has entered into arbitration with the project’s builder, in a bid to get work started again after construction halted on the project in September 2010 due to poor unit sales and cost ...

Airline will offer more China trips

Cambodia Angkor Air plans to launch chartered flights between Siem Reap and the southeastern coastal Chinese city of Xiamen next month. The national flag carrier plans to take off for China for the first time on July 11, CAA Chairman Tek Reth Samrach said yesterday, the ...

Anne Renzenbrink
http://www.phnompenhpost.com/2013062566453/Business/airline-will-offer-more-china-trips.html

Interest-free loans to lure businesses

HCM CITY — The HCM City government will offer interest-free loans to local companies doing business in the city, Laos and Cambodia. With a stimulus package of VND8 trillion (US$381 million), the city has approved interest-fee loans of up to VND100 billion ($4.7 million) over ...

http://vietnamnews.vnagency.com.vn/Economy/215583/Interest-free-loans-to-lure-businesses.html

Australian Investor Jailed After Business Dispute

An Australian businessman who once fronted a telecommunications firm in Cambodia has been sent to Prey Sar prison on fraud charges in a case one of his associates said was triggered by a disgruntled partner in a failed business venture. Frank May, 63, the former chief ...

http://www.cambodiadaily.com/news/australian-investor-jailed-after-business-dispute-7759/

Laos defends actions on Xayaburi at MRC meet

Laos yesterday defended its decision to begin building the Xayaburi dam amid criticism from Cambodia on a lively final day of the Mekong River Commission’s annual council meeting in Luang Prabang, Laos. According to separate sources who attended, Cambodia spoke out against Laos for “misinterpreting” the ...

http://www.phnompenhpost.com/2013011860867/National/laos-defends-actions-on-xayaburi-at-mrc-meet.html

Oil dispute optimism

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...

http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html

More than 2,000 diplomas to be handed out by PM

Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...

Khmer Times Staff
https://www.khmertimeskh.com/501093197/more-than-2000-diplomas-to-be-handed-out-by-pm/

Coffee beans are on the boil

Coffee plantations in Cambodia’s northeast are struggling to keep up with rising international demand for the increasingly lucrative beans, farmers and traders said. Orders for Cambodian-grown coffee beans from countries such as Japan and Korea as well as domestic demand has increased rapidly, while prices have ...

http://www.phnompenhpost.com/index.php/2011072950714/Business/coffee-beans-are-on-the-boil.html

Rise in foreign tourist arrivals

The number of foreign tourists arriving in Cambodia increased 23 per cent in the third quarter of the year compared to the same period last year, according to new statistics from the Ministry of Tourism.  The data show the number of tourists who arrived in the ...

http://www.phnompenhpost.com/index.php/2012110259529/Business/rise-in-foreign-tourist-arrivals.html

China Donates $19M During Asean Defense Meet

As the region’s top brass gathered in Phnom Penh for the Sixth Asean Defense Ministers Meeting, it was Beijing that once again stole the show with Chinese Defense Minister Liang Guanglie signing off on nearly $19 million in military aid to Cambodia. In the country on ...

Arbitrator Rules On Future of Gold Tower 42

Arbitrators in Seoul have ruled that the company contracted to build the $240 million Gold Tower 42 project in Phnom Penh was in breach of contract after failing to raise funds to finish the project, which resulted in work stopping almost two years ago, a ...

Unexplored Cambodia Shines For Angkor Gold

On top of impressive growth, the Royal Government is opening the country to international investment As for mining: the country is now open for international business. The stable, democratic government passed anti-corruption laws in 2011 and has dedicated itself to working with private business The most active ...

http://www.marketwatch.com/story/unexplored-cambodia-shines-for-angkor-gold-2012-10-17

ASEAN to study new ties with six partners

ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=M2UyOTgwNWE3MGRjZWY0ZDVkOGZlMDhjOTc1ODZl

New Siem Reap health centre to be a boon for mothers, babies

With the promise of better care for both mother and baby during labour, the Maternal Child Medical Centre was inaugurated yesterday at the Siem Reap Provincial Hospital. The inauguration was presided over by Deputy Prime Minister Tea Banh, who said the centre was the first of ...

http://www.phnompenhpost.com/2013061166184/National/new-siem-reap-health-centre-to-be-a-boon-for-mothers-babies.html

Cambodia attracts over 2 mln foreign tourists in first half

Cambodia received 2.09 million international visitors in the first six months of the year, up 19 percent compared with the 1.75 million tourists over the same period last year, figures from the ministry of tourism showed Saturday. Tourism is one of the sectors supporting the ...

http://news.xinhuanet.com/english/world/2013-08/03/c_132598966.htm

Major bank downgrade

Moody’s Investors Service announced yesterday  it had downgraded the credit rating of ACLEDA Bank, citing the departure of two of  the Bank’s major investors in as many years. The loss of a second big sharehol-der in the first half of this year had led to ...

http://www.phnompenhpost.com/index.php/2011090251414/Business/major-bank-downgrade.html

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