Government considers a tax on carbon aviation
Cambodia is considering adopting an aviation tax for flights leaving the Kingdom, local media reported yesterday. The announcement came as Environment Minister Say Samal delivered remarks at the COP22 UN Climate Conference in Morocco. The conference comes one year after the historic signing of the Paris
Post Staff
http://www.phnompenhpost.com/business/government-considers-tax-carbon-aviation
Kingdom a one-man show, report asserts
It’s a mistake to consider Cambodia a nation under authoritarian rule by a single party; it comes down to a single man – Prime Minister Hun Sen, a new paper argues.
Erin Handley
http://www.phnompenhpost.com/national/kingdom-one-man-show-report-asserts
Make RCEP a success, says Hun Sen
Cambodia is committed to join hands with other Asean member states to make the Regional Comprehensive Economic Partnership (RCEP) a success after the cancellation of the US-backed Trans-Pacific Partnership (TPP), said Prime Minister Hun Sen yesterday.
May Kunmakara
http://www.khmertimeskh.com/news/36681/make-rcep-a-success--says-hun-sen/
New shophouse project in a good location
The Ly Yong Phat (LYP) Group announced it will invest millions of dollars to develop The Premier Land project to meet the demand for shophouses, thanks to the potential the location has for the development.
Sum Manet
http://www.khmertimeskh.com/50102543/new-shophouse-project-in-a-good-location/
Are Disney's Cambodian carbon credits a fantasy?
The killing of three conservationists patrolling Cambodia’s biggest carbon credit project exposes the nearly insurmountable conflicts of interest plaguing schemes in which huge corporations such as Disney and Virgin Atlantic have invested millions of dollars, observers say. Military Police Officer Sek Wathana, Environment Ministry Ranger Teurn
David Boyle and Sun Narin
https://www.voanews.com/a/are-disney-cambodian-carbon-credits-a-fantasy/4247348.html
Economy won’t be a casualty: analysts
Despite the widely condemned pre-election dissolution of the Cambodia National Rescue Party, the country’s only major opposition party, by the Supreme Court earlier this month, the heightened risk of political instability is expected to have limited short-term economic spill-over effects, according to an assessment from
Robin Spiess
http://www.phnompenhpost.com/business/economy-wont-be-casualty-analysts
Khmer Cakes, Desserts Make a Sweet Display
The annual Khmer Cakes and Desserts Exhibition was launched yesterday with a ceremony on Phnom Penh’s riverfront near Wat Ounalom attended by officials from the municipality and Ministry of Culture.
Noting that it was the second year the event had been held, Phnom Penh Governor Kep
Unionists at casino betting on a strike
Almost 500 Tropicana Casino staff from gambling hub Poipet have threatened to strike on Saturday if the casino’s Thai owner does not reinstate their union leader, Sath Ser, sacked by the company for supporting another terminated employee, workers said yesterday.
A staff member who did not
Cambodia, a potentially lucrative market for Vietnam
Exporting Vietnamese products to Cambodia is beneficial to both countries, however, in order to hold onto this market, Vietnamese firms must remain proactive and consistently advertise their brands and improve quality of their products and services.
From Alibaba, a Trove of Cambodian Treasures
From large tracts of rural land to sand from the country’s rivers to human hair, a host of Cambodia’s natural resources are on display in the shop window of China’s largest online trading website.
Alibaba.com – which claims more than 80 million users worldwide and is
http://www.cambodiadaily.com/business/from-alibaba-a-trove-of-cambodian-treasures-5698/
In Garment Sector, a Labor Movement Divided
There was so much noise blasting from the loudspeakers that the occasional rallying cry from striking workers at the demonstration in Phnom Penh’s Dangkao district last week could hardly be heard.
One 2-meter high stack of amplifiers had been set up outside the Nex-T factory and
Axiata's Cambodian unit expands through M&A
Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil).
In a statement, Axiata announced that its Cambodian arm had entered into a sales
http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business
Illegal Logging a Challenge for Carbon Trading
A Ministry of Agriculture official said yesterday he was aware of allegations of illegal logging by Royal Cambodian Armed Forces soldiers within protected community forests in Oddar Meanchey province and was looking into it.
“I am following this case, but I haven’t received their petition yet,”
PPWSA closes higher after a week down
For the first time in weeks, Phnom Penh Water Supply Authority yesterday closed up 4.35 per cent, a sign the stock was stablising after a rough opening, insiders said.
After an eight-day price decline, PPWSA – the sole listed company on the Cambodia Securities Exchange –
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
Rise in Cargo Reflects a Diversifying Economy
The amount of air cargo entering and leaving Phnom Penh increased by almost 40 percent last year, and nearly 100,000 more business travelers to the capital were recorded during the first 11 months of last year compared to the same period in 2011, data from
http://www.cambodiadaily.com/business/rise-in-air-cargo-reflects-a-diversifying-economy-7214/
Bribery a challenge for Cambodia's tourism sector
The tourism sector has complained about the attempted extortion and bribery by officials at the international border checkpoints that still upset tourists coming into Cambodia.
The issue was raised yesterday during a meeting of the Interministerial Committee for Facilitating the Travel and Transport of Tourists and
Laos, Cambodia eye a single-visa policy
Laos is considering a single-visa scheme with its neighbours Thailand and Cambodia to promote balanced development in the subregion, officials said.
The Lao government will hold talks with Cambodia, possibly at the end of this month, to learn from Phnom Penh’s experience in this matter, a
http://www.phnompenhpost.com/2013032264622/Business/laos-cambodia-eye-a-single-visa-policy.html
K-pop a boon for cosmetics shops
Kim Hyun-joong is looking at you. From a poster outside of a hair salon, from a shop window, in a TV commercial or on local social media sites, the South Korean singer and actor decorates various advertisements in Phnom Penh.
But it isn’t just about his
http://www.phnompenhpost.com/2013062766507/Business/k-pop-a-boon-for-cosmetics-shops.html
Striking teachers to be taught a lesson
As teachers in several provinces continue to strike over low wages, the Ministry of Education declined to say yesterday whether it would follow through on threats to enact harsh punishment on those who have walked.
In a statement issued on Friday and obtained yesterday, Pin Chamnarn,
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/striking-teachers-be-taught-lesson
Cambodia Listed as a Top Retirement Destination
Cambodia has for the first time made it onto the Global Retirement Index, a yearly list of the world’s top retirement locations.
The list, compiled annually for the past 30 years by International Living Magazine, compares countries throughout the world across a range of categories including
Simon Henderson
http://www.cambodiadaily.com/news/cambodia-listed-as-a-top-retirement-destination-50319/
