Chinese firm invests in forest
A little-known Chinese company is investing $200 million in a massive timber plantation in stung Treng that the government has equated to “replanting the forest”, despite concerns among environmental protection groups that existing forest will be destroyed in favour of non-native commercial species. ...
Phak Seangly
http://www.phnompenhpost.com/national/chinese-firm-invests-forest
Tiger Airways launches Hyderabad and Phnom Penh routes from Singapore
Tiger Airways has launched two new routes from its Singapore (SIN) base, using its single fleet of 180-seat A320s. On 27 September, the low-cost airline began operating five times weekly to Hyderabad (HYD) in southeast India – the airline’s sixth destination in India ...
Airport welcomes two mlllionth passenger
Phnom Penh International Airport last Thursday hit the two-million-passenger mark in a year for the first time. The figure included all international and domestic passengers arriving at, and departing from, Phnom Penh International Airport since the beginning of this year, a press release said. ...
http://www.phnompenhpost.com/2012122460428/Business/airport-welcomes-two-mlllionth-passenger.html
Beeline Sees Decline in Subscribers
The number of customers subscribing to the mobile operator Beeline has dropped by more than 100,000 in the last quarter, and its average revenue per user has sunk to its lowest in more than a year, the company announced in its third-quarter financial report. ...
Cambodia to earn $50 mln a year from cassava exports to China
Cambodia will earn about $50 million a year from exports of dried cassava to China through Sihanoukville Autonomous Port, Deputy Prime Minister Yim Chhay Ly said Thursday. Cambodia’s agricultural exports previously went through Vietnam and Thailand, amounting to between 7,000 and 8,000 tons a year. ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjdjMmVlNGJmZDQ
Construction comeback- After an overheated rise and thundering crash, the building sector returns to stable growth
Back in 2007 and 2008, Phnom Penh was positively abuzz with the sound of drills, hammers and cranes. Construction sites were found all over the city and it seemed that every day new projects were being announced in the media—a skyscraper here, a retail development ...
Cambodian Foreign Minister Meets With Senator Jim Webb
Cambodian Foreign Minister Hor Namhong met with Senator Jim Webb, of Virginia, this week, to discuss how Cambodia might be forgiven war-era debt to the US or find a better way to pay it off. Cambodia owes nearly $450 million on pre-Khmer Rouge borrowing. ...
CIMB Bank Opens 4 new Branches in Cambodia
In an effort to reach a crowing number of customers in the agricultural sector Malaysia based CIMB bank Plc on Friday opened 4 new branches in Phnom Penh, Battambang and Kompong Cham cities. CIMB wants to provide loans to customers in the rice, ...
Company launches digital ad operation
Cambodian Investment Management’s social-media marketing and advertising business has launched Dynamo Innovative Digital Advertising, the group said last week. Dynamo will inherit 10 clients, managing 20 social-media pages, 90 per cent of which are on Facebook and 10 per cent on LinkedIn. ...
http://www.phnompenhpost.com/business/company-launches-digital-ad-operation
Carbon Credits Ready for Sale in Oddar Meanchey Forest
Cambodia’s first verified carbon credit program is up and running in the remote province of Oddar Meanchey. But experts say there are limited carbon credit buyers, and illegal deforestation remains a major threat to the stability to the project. ...
Khoun Theara
http://www.voacambodia.com/content/carbon-credits-ready-for-sale-in-oddar-meanchey-forest/1827513.html
China donates to encourage Chinese language education at Cambodian schools
The Chinese government on Thursday donated 203,000 U.S.dollars to the Chinese Association in Cambodia to support schools offering Chinese language courses in Cambodia. Chinese Ambassador to Cambodia Bu Jianguo handed over the money to Duong Chhiv, the president of the Chinese Association in Cambodia. ...
Kong Defang and Liang Jun
http://english.peopledaily.com.cn/90777/8601478.html
Seven injured as Opposition leader attempts to enter Freedom Park
Seven people were injured Monday when opposition lawmaker-elect Mu Sochua clashed with security forces outside Freedom Park in the Phnom Penh. Mu Sochua is leading a non-violent campaign by attempting to enter the park in protest of the government’s current ban on public gatherings. ...
Suy Heimkhemra
http://www.voacambodia.com/content/seven-injured-as-opposition-leader-attempts-to-enter-freedom-park-/1897755.html
Australia close to Cambodia refugee deal
Australia has signaled that it is about to cut a deal with Cambodia to resettle refugees now in Nauru, media reported Thursday. It comes after both Nauru and Papua New Guinea determined the refugees status of some asylum seekers sent to each country by Australian authorities. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=MjdmYmU2YTNiMmM
Talks between CPP and CNRP remain impossible due to their different positions
Kem Sokha, Vice President of the Cambodian National Rescue Party, hinted about talks with Cambodia People’s Party to find peaceful solution. However, he did not elaborate how to move ahead and what options should be made for the breakthrough. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NmZlZmVmMjA0YWF
Landmines kill 22 people in Cambodia last year, down 49 pct
Landmines had killed 22 people in Cambodia in 2013, down 49 percent compared with 43 deaths in a year earlier, a report of the Cambodian Mine Action Authority showed Tuesday. Besides the deaths, 89 others were injured, down 37 percent from 142 injuries, the report said. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/28/c_133080433.htm
CIMB the latest to add local insurer
CIMB Bank, Malaysia’s second-largest, has entered the insurance market via a partnership agreement signed yesterday with Cambodia Life Insurance Company (CLIC). In Meatra, director general of CLIC, said that under the partnership, CIMB had received full access to offer their insurance products to customers. ...
May Kunmakara
http://www.phnompenhpost.com/business/cimb-latest-add-local-insurer
Sorya bus hullabaloo at an end
A five-month protest aimed at a Phnom Penh bus company came to an end on Thursday when Sorya Transportation Company reinstated three of 17 drivers it fired in April. ...
Mom Kunthear
http://phnompenhpost.com/national/sorya-bus-hullabaloo-end
Lor Peang farmers reject assembly’s land swap
After promising in early September to settle a land dispute between farmers in Kompong Chhnang province and a company owned by the wife of a government minister within a week, the National Assembly’s human rights commission has yet to find common ground between the two ...
Kuch Naren
http://www.cambodiadaily.com/news/lor-peang-farmers-reject-assemblys-land-swap-70267/
ICC told: Cambodia land-grabbing is 'crime against humanity'
A British lawyer has filed a complaint with the International Criminal Court, writes Kevin Ponniah, alleging that a wave of violent land-grabbing that has displaced 770,000 people has been carried out by Cambodia’s ruling elite, and that it amounts to a crime against humanity. ...
Kevin Ponniah
http://www.theecologist.org/News/news_round_up/2602209/icc_told_cambodia_landgrabbing_is_crime_against_humanity.html
Cambodian PM to attend 8th CLV Summit in Laos next week
Cambodian Prime Minister Hun Sen will lead a high delegation to attend the 8th CLV (Cambodia, Laos and Vietnam) Summit on Development Triangle Area slated for Nov. 24 and 25 in Vientiane, the capital city of Laos, a statement from the Cambodian foreign ministry said ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-11/17/c_133795705.htm