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Move to lift energy efficiency in Cambodia

A national energy efficiency policy is currently in development, officials told the Post last week. Experts at the Ministry of Industry, Mines, and Energy (MIME) and the multi-donor fund EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) are in discussions about details of the policy, ...

http://www.phnompenhpost.com/2013022061465/Business/move-to-lift-energy-efficiency-in-cambodia.html

Corporate: China powers its way through Cambodia

In the hilly wilderness across southwestern Cambodia, the foundations of the country’s strengthening bonds with China are taking root. It is there that large dams supported by Chinese money are being built to literally bring the impoverished Southeast Asian nation out of darkness. The largest of ...

http://www.hydroworld.com/news/2013/02/18/corporate-china-powers-its-way-through-cambodia.html

Hana plugs into Cambodian market

Hana Microelectronics Plc is investing 1.5 billion baht to build a new factory in Lamphun and another in Koh Kong, the latter marking a plunge into the Cambodian market. Chief executive Richard Han also hinted yesterday that the SET-listed electronic-parts maker could relocate some production from ...

http://www.bangkokpost.com/business/economics/339371/hana-plugs-into-cambodian-market

Bids called on Cambodia rail link

The State Railway of Thailand (SRT) will call an e-auction on April 10 on work to renovate damaged tracks connecting Thailand with Cambodia at the Aranyaprathet-Poipet crossing, Transport Minister Chadchat Suttipan said on Tuesday. The railway agency estimated the project will cost 2.8 billion baht. ...

http://www.bangkokpost.com/breakingnews/343563/thailand-to-open-bid-to-rebuild-tracks-with-cambodia

Mobile Firms Agree to Stop Price Dumping

Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...

http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/

World Bank Says Credit Growth Still a Risk

The World Bank has warned that the rapid growth of lending by Cambodia’s Banks is still a concern, despite a recent slow-down in credit disbursals. “Credit growth, which has been driven largely by wholesale and retail financing, and starting in 2011 agriculture financing, has eased to ...

http://www.cambodiadaily.com/business/world-bank-says-credit-growth-still-a-risk-20690/

Largesse and threats ahead of election

Prime Minister Hun Sen warned thousands of villagers yesterday that his most popular initiatives, including his far-reaching land-titling scheme, will simply disappear if he is not re-elected in July’s national election – amid suggestions his campaigning has unofficially begun. In a marked shift from his apparent ...

http://www.phnompenhpost.com/2013032664688/National/largesse-and-threats-ahead-of-election.html

Tax revenue sees a 27 per cent jump

The Kingdom’s tax revenue increased 27.85 per cent in the first two months compared to a year earlier, a figure the opposition party said is low due to corruption and tax cheats. According to the data from the General Department of Taxation (GDT), total tax revenue ...

http://www.phnompenhpost.com/2013032864735/Business/tax-revenue-sees-a-27-per-cent-jump.html

Decision Pending in Dispute Between Villagers, Businesswoman

Farmers in Kompong Chhnang province locked in a land dispute with a local businesswoman are waiting for the government to make a decision on who owns the property after student volunteers measured the area earlier this month as part of Prime Minister Hun Sen’s nationwide ...

http://www.cambodiadaily.com/news/decision-pending-in-dispute-between-villagers-businesswoman-20022/

Investments in Cambodia Up

Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjA1NjRhYTIxOTd

Report Says Quarter of Forests Have Been Cleared in 40 Years

Cambodia has lost almost a quarter of its forests in the past 40 years due to rapid development and China’s demand for timber, according to a new report released yesterday by the World Wildlife Fund (WWF) on the Greater Mekong Region. Looking at five countries in ...

http://www.cambodiadaily.com

All quiet in Siem Reap for houses and land

Although Siem Reap is known as the land of smiles, the growth of the culture, civilization and power, the real estate sector in the province for the first six months of 2013 has not increased a great deal. The buying or selling of properties in Siem ...

http://www.phnompenhpost.com/real-estate/all-quiet-siem-reap-houses-and-land

GL to buy Cambodian firm

SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. GL’s chief executive Mitsuji Konoshita said negotiations are nearly finalised and the acquisition will be made through ...

Bangkok Post News Staff
http://www.bangkokpost.com/news/asia/378183/gl-to-buy-cambodian-firm

Official NEC Election Results Show CPP Victory

The National Election Committee (NEC) on Monday morning released its first official election results, which were nearly identical to unofficial results released by the NEC in the days following the election, showing a clear CPP victory in the July 28 poll. The official preliminary results showed ...

The Cambodia Daily
http://www.cambodiadaily.com/elections/official-nec-election-results-show-cpp-victory-39106/

China provides 4 container scanners to Cambodia

The government of China on Monday delivered four units of container scanning machines to Cambodia for using at international border checkpoints. Speaking after the signing ceremony, Keat Chhon said the four container scanning machines, totally costing 13.8 million U.S. dollars, are China’s grant aid to ...

http://news.xinhuanet.com/english/china/2013-08/19/c_132643940.htm

Fertilizer Scam Referred to Anti-Corruption Unit

The case of a Battambang provincial government official ac­cused of embezzling some $200,000 in state funds has been referred to the Anti-Corruption Unit in Phnom Penh, provincial officials said Thursday. Battambang Provincial Court deputy prosecutor Long Hokmeng said a two-week investigation into the case brought against ...

Eang Mengleng and Matt Blomberg
http://www.cambodiadaily.com/news/fertilizer-scam-referred-to-anti-corruption-unit-42818/

Flooding Kills 7, Spreads to Kandal Province

Flooding across the country has now killed seven people, including four children, since water reached emergency levels in some areas on Friday, the National Disaster Management Committee (NDMC) said Monday. Flooding is affecting a total of seven provinces and authorities have already evacuated hundreds of families ...

Ben Sokhean and Denise Hruby
http://www.cambodiadaily.com/news/flooding-kills-7-spreads-to-kandal-province-43053/

SL Garment Protesters Gain Little From Talks at Labor Ministry

A two-day meeting between union leaders, senior government officials and representatives of the SL Gar­ment Factory failed Tuesday to reach a solution for factory workers, who have been on strike since early August and on Monday demonstrated in front of Prime Minister Hun Sen’s Phnom ...

Ben Woods and Khy Sovuthy
http://www.cambodiadaily.com/news/sl-garment-protesters-gain-little-from-talks-at-labor-ministry-45708/

Disenfranchised Votes Point to Potentially Different Election Result

The Washington-based National Democratic Institute (NDI) on Tuesday shared initial findings from a survey carried out across the country in the wake of July’s national election, which found that one-third of the country’s eligible voters could not vote on election day. Laura Thornton, the NDI’s country ...

Lauren Crothers
http://www.cambodiadaily.com/latest/disenfranchised-votes-point-to-potentially-different-election-result-46254/

Credit Suisse’s HAGL holdings drawing fire

Credit Suisse, a financial services firm based in Switzerland, has been accused of aiding land grabbing in Cambodia by becoming a major shareholder in Vietnamese rubber giant Hoang Anh Gia Lai (HAGL) Group. In a statement released today, Global Witness (GW), an NGO based in England, ...

Shane Worrell
http://www.phnompenhpost.com/national/credit-suisse%E2%80%99s-hagl-holdings-drawing-fire

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