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Bokor Resort to Open for Visitors for Late 2011

Mount Borkor Resort, the highest location in Cambodia, located near the coastline, will be inaugurated to welcome tourists from all destinations by the end of 2011, while the road climbing to the plateau’s peak and other tourism structures are about to be completed So far, the ...

http://thesoutheastasiaweekly.com/

City Hall hands out Boeng Kak land titles

Marking another milestone in the years-long struggle between the government and the families of Phnom Penh’s Boeng Kak lake community, Phnom Penh Governor Kep Chuktema handed out 254 land titles to lakeside residents at City Hall on Saturday. But with the government shrouding the titling process ...

Kandal villagers seek resolution to dispute

More than 200 villagers from Kandal’s Kien Svay district gathered in protest yesterday to urge the National Authority for Land Dispute Resolution to resolve their long-standing dispute with a CPP official. The protesters assembled in the Samrong Thom commune brandishing photos of the prime minister and ...

http://www.phnompenhpost.com/index.php/2012030154793/National-news/kandal-villagers-seek-resolution-to-dispute.html

In One City, a Tale of Two Asean Forums

Government officials did not, and Lao students could not, attend yesterday’s Asean Peoples’ Forum in Phnom Penh, where more than 1,500 members of civil society groups discussed the region’s most pressing issues, including human rights, poverty, land usurping and domestic violence. The three-day forum, which is not ...

PPWSA up 48 per cent on first day

By the time Deputy Prime Minister Keat Chhon closed the first session of the Cambodian Securities Exchange yesterday morning, shares in Phnom Penh Water Supply Authority, the Kingdom’s first domestically listed company, were just shy of soaring 50 per cent. Institutional and retail investors traded 487,110 ...

http://www.phnompenhpost.com/index.php/2012041955648/Business/ppwsa-up-48-per-cent-on-first-day.html

Aviation in the Kingdom soaring with new flights and airport plans

Cambodian aviation continues its ascent with the Oct. 1 launch of Singaporean low-cost carrier Tiger Airway’s daily direct service to Phnom Penh, ongoing airport expansions and the announcement of several new airport projects. Currently, there are more than 20 international airlines offering service to Cambodia for a ...

Waste to Watt

In an outbuilding at Lok Sear’s rice milling operation in Kandal province, two four-meter-high cylindrical machines vibrate and hum as the occasional chicken and duck pecks near the concrete blocks holding them up. While they do both feature a thinck band of aluminium around their ...

http://etmcambodia.com

Tourism Sector Faces Dearth of Skilled Labor

With the number of tourists visiting the country increasing rapidly, hotels are coming under strain due to lack of skilled chefs and waiters in the industry, according to hotel managers. In the first six months of 2012, international visitors reached 1.75 million, a 26.8 percent ...

Railway Evictees Tussle With High Debt Levels

Adding to a growing body of research into the flaws of Cambodia’s $142 million railway rehabilitation project, a report published yesterday said soaring debt levels are crippling families forcibly relocated by the project. In the report by land rights organization Sahmakum Teang Tnaut (STT), researchers tracked ...

Signs point to more diverse investment projects in Cambodia

The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...

http://etmcambodia.com

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

Recent Development and Economic Outlook

The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...

http://www.cambizreview.com/

Strongman's hand in BHP deal

A BHP Billiton mining deal being investigated for alleged corruption was personally overseen by Cambodian strongman Hun Sen, diplomatic cables reveal. The miner’s aborted attempt to establish a bauxite mine in Cambodia, and its hospitality program for Chinese officials at the 2008 Beijing Olympics, are at ...

http://www.smh.com.au/national/strongmans-hand-in-bhp-deal-20130325-2gqae.html

Wary of China, Companies Head to Cambodia

Tiffany & Company is quietly building a diamond-polishing factory in Cambodia, a country popularly associated more with killing fields and land mines than baubles. Some of Japan’s biggest manufacturers are also rushing to set up operations in Phnom Penh to make wiring harnesses for cars and ...

http://www.nytimes.com/2013/04/09/business/global/wary-of-events-in-china-foreign-investors-head-to-cambodia.html?pagewanted=all&_r=0

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/

Trafficked numbers rising

Their stories have become all too familiar – Cambodian fishermen enslaved on fishing boats after being promised lucrative jobs overseas. They’re also becoming increasingly common. Anti-trafficking NGOs told the Post this week that they have noticed an exponential increase in the number of trafficking complaints from ...

Danson Cheong
http://www.phnompenhpost.com/2013052265773/National/trafficked-numbers-rising.html

Cambodia scores high marks for renewable energy

Cambodia’s share of modern biomass in total energy consumption is among the highest in the world, according to a report released Tuesday by the World Bank and the International Energy Agency. The report also found that growth in Cambodia’s dependence on renewable energy excluding traditional biomass ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MjRiYTU0NzYyNTR

Troubles for Tonlesap Air

About two months after Phnom Penh-based Tonlesap Airlines suspended its chartered flights, the local carrier’s future seems as cloudy as ever. Vann Chanty, the director of air transport with Cambodia’s State Secretariat of Civil Aviation, said yesterday that the airline had not resumed operations and that ...

http://www.phnompenhpost.com/2013061766300/Business/troubles-for-tonlesap-air.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

The price of land development in Cambodia

Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...

http://www.bbc.co.uk/news/world-asia-21973412

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