Integration a priority
When deciding what aspects of their economies to prioritise to grow their economies, ASEAN’s less developed countries, Cambodia, Laos, Myanmar and Vietnam (CLMV), should look to the organisation’s oldest members (the ASEAN-6) for guidance, according to a joint statement following the fourth CLMV Economics Ministers’ ...
http://www.phnompenhpost.com/index.php/2012082958333/Business/integration-a-priority-for-asean.html
Angkor Gold Corp. Acquires the Andong Meas Concession in Cambodia
Angkor Gold Corp. (TSXV:ANK4) acquired Liberty Mining ad Transol Mining, owners of the 209 square kilometre Andong Meas concession in Cambodia. As quoted in the press release: “The Acquisition results in two significant accomplishments. First, it adds 100% ownership of an entirely new 209-square kilometre concession known ...
http://goldinvestingnews.com/27883/angkor-gold-corp-acquires-the-andong-meas-in-cambodia.html
Kratie meet pushes dolphin protection
Residents of Kratie province had an education in conservation yesterday as the government and outside partners reiterated a September sub-decree banning gill nets on a sizable stretch of the Mekong in a bid to protect the badly endangered Mekong River dolphin. Touch Seang Tana, head of the Commission ...
The potential of Cambodia
Whenever you build a structure, you always start with a plan that exists first as an idea and then makes its way to paper and then usually a model: and this is true of ships or skyscrapers. Then comes the construction process when you bring in ...
http://www.phnompenhpost.com/index.php/2012052856411/Business/the-potential-of-cambodia.html
Water Supply Shares Fall Below Launch Price
The share price of the Phnom Penh Water Supply Authority (PPWSA) fell 50 riel yesterday to 6,250 riel, or about $1.52, bringing the authority’s share price lower than its initial public offering (IPO) in April. The decline matches views expressed by investors here that the authority’s ...
Insurance Premiums Up 40% in First 6 Months
Revenues generated by insurance firms increased 40 percent ro $18.9 million between january and June compared to the same period last year, according to data released yesterday by the General Insurance Association of Cambodia (GIAC). Fire insurance continued to reign as the sector’s top earner, accounting ...
Conference focus on social enterprises
Cambodia’s second conference on social enterprise is set to take place tomorrow with the aim of tackling poverty, social exclusion and health and environmental problems, organisers say. The all-day conference, at the Cambodia-Japan Conference Centre at the Royal University of Phnom Penh, will facilitate discussions among participants ...
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
Mobile dating finds Cambodia
A new mobile dating and networking service called Chibi, designed to be used by even rural Cambodians, has made an agreement with Smart Mobile to enable anyone with a mobile phone to inexpensively meet and send messages to potential love interests. Australian David Wilkie and his ...
http://www.phnompenhpost.com/index.php/2012061456788/Business/mobile-dating-finds-cambodia.html
Workforce Must Improve to Compete in Asean Bloc
Cambodia’s workforce must quickly improve its skills base if it is to compete with other countries in the region when the Asean bloc becomes a single market in 2015, officials said yesterday at a seminar held in Phnom Penh. When the Asean Economic Community goes ahead in ...
Civil servants' union dilemma
The American Center for International Labor Solidarity has set its sights on the Herculean task of unionizing Cambodia’s civil service, a move that, were it successful, could have profound implications for the country’s political landscape. The term civil service in Cambodia has unusually broad application, referring to bureaucrats, ...
http://www.phnompenhpost.com/index.php/2012103059469/National-news/civil-servants-union-dilemma.html
NagaCorp To Build Underground Retail Center In Phnom Penh
Nagacorp will build an underground road and retail space linking its casino complex in Phnom Penh to nearby Koh Pich, according to the announcement released by City Hall yesterday. The underground road, which will be 23 meters wide and 447 meters long, will connect to National ...
Two Years In, Kampot Casino Downsizes
The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...
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 ...
Ethnic Banong Thwart Group of Illegal Loggers in Mondolkiri
More than 100 Banong ethic minority villagers in Mondolkiri province on Wednesday stopped and briefly apprehended a group of 11 outsiders who they say were caught illegally logging timber in the area, villagers said yesterday. The villagers say that they took it upon themselves to stop ...
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
Tourism: More Info Needed
In diversifing its holiday attractions, Cambodia’s tourism industry should focus on three key areas – the country’s northeastern region, the coasts and the vicinity around Siem Reap – but efforts to promote these destinations are still lacking, an industry leader says. Statistics from the Ministry ...
http://www.phnompenhpost.com/2013050265365/Business/tourism-more-info-needed.html
US Ambassador Advises More Labor Skills as Asean Integrates
US Ambassador William Todd on Thursday urged the Cambodian government to strengthen the skills of its laborers, in order to meet the needs of an integrated Asean in 2015. The 10 Southeast Asian countries that comprise Asean are all moving toward an integrated economic block, which ...
Kong Sothanarith
http://www.voacambodia.com/content/us-ambassador-advises-more-labor-skills-as-asean-integrates/1785729.html
Study calls for halt to dams
A new study and accompanying short film released yesterday call for all lower Mekong dam developers to halt plans until further impact studies can be made. Hydropower dams will have a greater impact on river flows than even climate change, according to research by the University ...
Laignee Barron
http://www.phnompenhpost.com/national/study-calls-halt-dams
Telcos to form association
Cambodia’s nine phone service operators plan to establish an independent body to debate issues within the industry, according to a statement yesterday from the Telecommunications Regulator of Cambodia (TRC). Forming the Association of Telecommunications Operators in Cambodia, or the ATC for short, was agreed upon in ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/telcos-form-association