Construction sector investment soars
Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 8s-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this ...
NagaWorld Profits Jump in First Half of 2012
Net profits at NagaCorp Ltd., owners of Phnom Penh’s only licensed casino, jumped 38 percent to reach $52.4 million in the first half of 2012 compared to the same period last year, the company said in its most recent financial report. The casino generated a total ...
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 ...
Snake Island plans back to the drawing board
A development company with a government concession for a high-end property project on the island of Koh Pos, also known as Snake Island, has announced that it will significantly alter its original plans for the project. The new plan, which must first be submitted for ...
Siv Meng
http://www.phnompenhpost.com/real-estate/snake-island-plans-back-drawing-board
Tai Yang boss refutes name change allegations
Garment worker Ba Chhorvorn stands in the sweltering heat inside the small concrete brick room she calls home in Kandal province. Across the road is her workplace, a supplier to Levi’s and Gap, which her boss describes as the “five-star hotel of garment factories”. Worlds apart but ...
http://www.phnompenhpost.com/index.php/2012071757465/National-news/tai-yang-protest.html
Cambodia passes fire prevention draft law
The Government of Cambodia on Friday passed a draft law on fire prevention in order to contribute to maintaining security, social safety, public order, and life and property protection, according to a media statement released after the weekly Cabinet meeting. In the meeting, Hun Sen ...
http://news.xinhuanet.com/english/world/2012-12/14/c_132041591.htm
Cambodia, China's Guangdong look to boost tourism cooperation
Representatives of 17 tourism- related companies from southeast Guangdong province of China on Friday met with their Cambodian counterparts in order to seek possibilities for tourism cooperation. The Chinese delegation was led by Zhao Yufang, Vice-Governor of Guangdong Province, while Cambodian side was headed by Pak ...
ECNS News Staff
http://www.ecns.cn/2013/12-14/92619.shtml
Environment minister to visit UDG project in Koh Kong province
Environment Minister Say Sam Al is scheduled to visit Koh Kong province today, while a representative of Chinese-owned company Union Development Group said the minister is expected to pay a visit to their 45,000hectare land concession, which has been the cause of a long-running land ...
Hul Reaksmey
http://www.cambodiadaily.com/news/environment-minister-to-visit-udg-project-in-koh-kong-province-53249/
It’s paradise – for some
On the shore of Koh Kong province’s Kiri Sakor district overlooking a cluster of islands, a flourishing new golf course lies vacant but for a handful of workers tending its empty greens. The Romanesque hotel behind it, replete with a bold central dome, luxury VIP suites ...
May Titthara and David Boyle
http://www.phnompenhpost.com/national/its-paradise-%E2%80%93-some
Edmonton journalist Dave Walker missing in Cambodia
Police and friends of Canadian journalist and screenwriter Dave Walker are searching for the Edmonton man after he mysteriously vanished on Feb. 14 in Cambodia. The 58-year-old left the Green Village Angkor Guesthouse in the tourist city of Siem Reap about 2 p.m. with only his ...
Peter Mccartney
http://www.theglobeandmail.com/news/world/canadian-journalist-dave-walker-missing-in-cambodia/article16965825/?cmpid=rss1
Shukaku pushes forward at Boeung Kak
Local developer Shukaku will step up construction of its controversial Boeung Kak lake development project this month, beginning work on a drainage system and corporate office, a spokeswoman told the Post yesterday. An updated master plan of Shukaku’s Phnom Penh City Centre project – an ...
Shane Worrell and Mom Kunthear
http://phnompenhpost.com/national/shukaku-pushes-forward-boeung-kak
Cambodian parliament panel chief questions management of Angkor Wat revenue
A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...
Roseanne Gerin
http://www.rfa.org/english/news/cambodia/angkor-wat-11192014172942.html
LNG imported from China to Cambodia
Local business Cambodian Natural Gas Co Ltd and Chinese firm CNOOC Gas Power Group Co Ltd teamed up in importing liquefied natural gas (LNG) to distribute within Cambodia’s market. The company’s officers said the cooperation is to import the LNG to supply demand in the ...
Chea Vannak
https://www.khmertimeskh.com/50680059/lng-imported-from-china-to-cambodia
Aftermath of Chinese Exodus from Sihanoukville
Over the past few years with the influx of Chinese nationals and Cambodians working in Sihanoukville, landlords have been laughing all the way to the bank through rentals. Locals who visit the city regularly complained about high rentals for hotels, guesthouses and even food. Some ...
Ben Sokhean
https://www.khmertimeskh.com/50697816/aftermath-of-chinese-exodus-from-sihanoukville
Train supply agreement signed
Toll Royal Railway signed an agreement yesterday afternoon with companies that will supply locomotives and parts for Cambodia’s railway network. As a result of the agreement, international tenders will be called in the coming months for the procurement of up to four new 2,000-horsepower locomotives and ...
http://www.phnompenhpost.com/index.php/2012092058822/Business/train-supply-agreement-signed.html
Ministry of Mines and Energy calls for responsible mining
Minister of Mines and Energy Suy Sem called on companies operating mining projects to ensure the communities and environment are not affected by related activities. On Friday, the ministry announced to open for four mining locations in three provinces to apply for an exploration licence. ...
Thou Vireak
https://www.phnompenhpost.com/business/ministry-mines-and-energy-calls-responsible-mining
Massive Power Outage Triggered by Falling Tree
A massive power outage that left large areas of Phnom Penh without electricity and water and plunged southern Vietnam into darkness on Wednesday was caused by a crane operator knocking a tree onto a high voltage power line, Vietnam’s state-owned energy provider said yesterday. “A ...
http://www.cambodiadaily.com/news/massive-power-outage-triggered-by-falling-tree-26557/
At Preah Vihear, tourists undeterred
Not even the imminent threat of war could quell tourists’ appetite for historical sites – at least at Cambodia’s Preah Vihear temple, which was the subject of a highly contentious ruling at the International Court of Justice yesterday. While government figures show that local tourism to ...
Stuart White and May Titthara
http://www.phnompenhpost.com/business/preah-vihear-tourists-undeterred
Projects ‘threaten mangroves’
Mangrove forests along Cambodia’s coast in Kampot support more than 100,000 families and create a diverse ecosystem that is home to hundreds of unique species. But coastal development projects, coupled with locals’ reliance on the forest for their livelihoods, threaten to decimate more than 1,000 hectares ...
Phak Seangly
http://www.phnompenhpost.com/national/projects-%E2%80%98threaten-mangroves%E2%80%99
Phnom Penh to Ho Chi Minh expressway plans announced
The Japanese International Cooperation Agency (JICA) revealed its plans Monday for a Phnom Penh to Ho Chi Minh City expressway that will halve travel time between the two cities. At an estimated cost of $2.2 billion, the initial target date for completion of the expressway is ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/phnom-penh-to-ho-chi-minh-expressway-plans-announced-57626/