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VIP Jets Ltd. signs for first Bell Helicopter in Cambodia

Bell Helicopter, a Textron Inc. company, announced it has signed a letter of intent with VIP Jets Ltd. for the first Bell 505 Jet Ranger X in Cambodia. This is also the first Bell Helicopter aircraft signed for in Cambodia. ...

Vertical Team
http://www.verticalmag.com/news/article/VIP-Jets-Ltd-signs-for-first-Bell-Helicopter-in-Cambodia

Massive Thai rice sell-off ‘concerning’

Thailand’s plans to sell off 11.4 million tons of its rice stockpile over the next two months is concerning Cambodia, which fears the sale will drive global prices down as the Kingdom struggles to meet its own export target. ...

May Kunmakara
http://www.khmertimeskh.com/news/24245/massive-thai-rice-sell-off----concerning---/

Cambodia heaps praise on U.S.-Vietnam climate accord

Officials and environmentalists have congratulated Vietnam and the United States on a recent climate changed agreement signed between the two former adversaries, saying the co-operation will have a positive impact on mitigating the effects Of the phenomenon in the region. ...

Phorn Bopha
http://www.voacambodia.com/a/cambodia-heaps-praise-on-us-vietnam-climate-accord/3347270.html

Government blames development company for road collapse

A government investigation into the collapse of a road next to Phnom Penh’s Olympic Stadium during a flash flood on Wednesday has concluded that a powerful development company’s adjacent construction site was at fault, officials said on Thursday. ...

Ouch Sony
https://www.cambodiadaily.com/news/government-blames-development-company-for-road-collapse-113923/

Another armyworm outbreak hits Koh Kong

As farmers across the country continue to recover from crop devastation wrought by a plague of armyworm caterpillars, those in Koh Kong province are facing a new outbreak that is decimating young rice plants, officials said ­on Monday.   ...

Kang Sothear
https://www.cambodiadaily.com/news/another-armyworm-outbreak-hits-koh-kong-114721/

IMF: Cambodia should improve

The International Monetary Fund (IMF) said yesterday that Cambodia should improve its business climate and enhance competitiveness by upgrading infrastructure, improving the quality of labor, and strengthening governance as China changes its trade pattern by moving up the value chain. ...

May Kunmakara
http://www.khmertimeskh.com/news/29487/imf--cambodia-should-improve/

Massive security deployment planned for president Xi’s visit to Cambodia

A mixed force of 7,000 military and security personnel will be deployed to protect Chinese President Xi Jinping when he visits Cambodia later this month for his first visit since coming to power, a police spokesman said on Wednesday. ...

Khuon Narim
https://www.cambodiadaily.com/news/massive-security-deployment-planned-president-xis-visit-cambodia-118902/

Natural drainage routes replaced by concrete cause severe floods

As floods have been raging on in many provinces, especially in the outskirts of the capital, locals are demanding the government inspect all boreys, factories and other developments in affected areas to ensure that there are proper drainage and road systems. ...

Moeun Nhean
http://www.phnompenhpost.com/post-property/natural-drainage-routes-replaced-concrete-cause-severe-floods

Local chiefs still key to registration, study finds

Despite having access to other sources of information about the election process, including television and smartphones, Cambodia’s urban poor remain heavily reliant on potentially biased village-level officials when it comes to voter registration, according to a new report. ...

Ananth Baliga and Kong Meta
http://www.phnompenhpost.com/national/local-chiefs-still-key-registration-study-finds

Pepper plantation to tip the scales

A local subsidiary of a South Korean confectionary giant is investing $40 million to develop what it claims will be the world’s largest pepper plantation on a sprawling 1,000-hectare estate in eastern Cambodia, a company executive said yesterday. ...

Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/pepper-plantation-tip-scales

France loans €30M for water plant expansion

The French Agency for Development has granted a 30 million euro, or $31.1 million, loan for the Phnom Penh Water Supply Authority (PPWSA) to expand one of its four water plants and increase its water distribution in the capital. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/france-loans-eu30m-water-plant-expansion

Party-busting bill passed in ‘final blow’ to democracy

In what some are calling one of the most significant threats to democracy that Cambodia has faced in a generation, the CPP-controlled National Assembly on Monday voted to give the government and courts sweeping new powers over political parties. ...

Ben Sokhean and Zsombor Peter
https://www.cambodiadaily.com/news/party-busting-bill-passed-in-final-blow-to-democracy-125486/

Laos’ Pak Beng dam proposal under scrutiny

Members of Mekong River Commission and civil society groups will be heading to Luang Prabang in Laos to attend the regional stakeholder meeting on Wednesday to discuss Laos’ proposal to build a third dam on the Mekong mainstream, the Pak Beng. ...

Leakhena Sreng
http://www.voacambodia.com/a/lao-pak-beng-dam-proposal-under-scrunity/3733702.html

Top court upholds decision to deny bail for Adhoc officials

Four senior officials for rights group Adhoc will remain behind bars after the Supreme Court on Monday upheld the Court of Appeal’s ruling that they should be held in detention while awaiting trial, but gave no reason for the decision. ...

Sek Odom
https://www.cambodiadaily.com/news/top-court-upholds-decision-to-deny-bail-for-adhoc-officials-126486/

Railway firm eyes Cambodia

Chinese locomotive and railway equipment giant CRRC Zelc is to conduct a feasibility study into the investment potential of Cambodia to help improve the kingdom’s railway system while contributing to the One Belt; One Road initiative.   ...

May Kunmakara
http://www.khmertimeskh.com/news/37716/railway-firm-eyes-cambodia/

Emerald’s gold prospects improve

The Australian-listed mining firm behind Cambodia’s Okvau gold project in Mondulkiri province released its definitive feasibility study (DFS) yesterday, confirming its predictions of 1.14 million ounces in gold reserves while reducing its projected investment costs for extraction. ...

Kali Kotoski
http://www.phnompenhpost.com/business/emeralds-gold-prospects-improve

Grow Asia to focus on value chain projects

Cambodia’s agricultural sector must improve post-harvest processing to increase the value of its products, while increased knowledge sharing could help farmers better understand the different value chains and identify opportunities, agricultural experts participating in the Grow Asia Forum said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/grow-asia-focus-value-chain-projects

Hopefuls duel for votes in Takeo

Residents of Takeo province’s Trapeang Thom Khang Cheung commune turned out to their local pagoda yesterday to experience something common during elections the world over but rarer in Cambodia: a public debate between the people seeking to govern them. ...

Mech Dara and Alex Willemyns
http://www.phnompenhpost.com/commune-elections/hopefuls-duel-votes-takeo

Acleda Bank reports $28M net profit in Q1

Aceleda Bank, Cambodia’s largest bank by assets, reported a net profit of $28.39 million in first quarter this year, down slightly from $30.19 million in the same period in 2016, according to the bank’s latest financial report. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/acleda-bank-reports-28m-net-profit-q1

Gov’t rejects 11th-hour reprieve for Sesan dam families

An official in Stung Treng province said there was no way to grant a last-minute reprieve requested on Thursday by villagers whose homes could be flooded within days once testing of the Lower Sesan II hydropower dam begins on Saturday. ...

Aun Pheap
https://www.cambodiadaily.com/news/govt-rejects-11th-hour-reprieve-for-sesan-dam-families-132499/

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