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Dragon building roars to life

Champagne greeted the movers and shakers at the highest level of Cambodia’s tallest building yesterday in a ceremony that marked substantial completion of the structure of Vattanac Capital Tower. Designed in the shape of a dragon with particular attention to the Chinese art of placement for ...

http://www.phnompenhpost.com/index.php/2012051056079/Business/dragon-building-roars-to-life.html

PM pushes edible exports

Prime Minister Hun Sen yesterday urged Cambodian food and beverage companies to look to export markets. The call, made at the opening ceremony of the Khmer Brewery, came in the wake of similar exhortations from international organisations for Cambodia to diversify its exports. “Now, we are not ...

http://www.phnompenhpost.com/index.php/2012051556160/Business/pm-pushes-edible-exports.html

First life insurance company launches in Cambodia

The Kingdom’s first life insurance company, Cambodian Life, launched yesterday, courting a market almost entirely unfamiliar with the service. Industry insiders said demand for the products would need time to grow. The establishment of Cambodian Life in the Kingdom would develop confidence in the market and ...

http://www.phnompenhpost.com/index.php/2012052256297/Business/life-insurance-opens-doors.html

No deal in SL Garment factory face-off

A long day of negotiations failed to resolve a factory dispute yesterday at a company that supplies to major international brands Gap, Levi’s and H&M. After more than 1,500 workers from SL Garment Processing (Cambodia) factories in the capital’s Meanchey district marched to the Ministry of ...

http://www.phnompenhpost.com/index.php/2012052356325/National-news/no-deal-in-factory-face-off.html

Union boss accused of strike incitement

The president of the Cambodian Alliance of Trade Unions has been summonsed to Kandal Provincial Court to answer incitement and defamation allegations levied against her by the owner of the strike-plagued Tai Yang Enterprise factories. The court complaint comes ahead of major negotiations today in the ...

http://www.phnompenhpost.com/index.php/2012071157345/National-news/union-boss-accused-of-strike-incitement.html

Cambodia breaks ground for 3rd flyover in capital

Cambodia on Monday broke ground for the construction of a 19-million-U.S.-dollar flyover in Phnom Penh’s southwestern part to meet the growing number of vehicles. Prime Minister Hun Sen said it will take 28 months to complete the construction of the 429-meter flyover. “The sky bridge will not ...

http://news.xinhuanet.com/english/world/2012-11/26/c_131999551.htm

Chinese officials to dam site

China has reportedly dispatched embassy officials to investigate a major breach at the Chinese-built Stung atai dam in Pusat province on Saturday, which swept away four men, three of whom are still missing. Yang Tian Yue, spokesman for the Chinese Embassy in Phnom Penh, told local ...

http://www.phnompenhpost.com

Hun Sen Denounces Televised Comments on Passport Fees

Prime Minister Hun Sen yesterday criticized the Cambodian News Channel (CNC) for broadcasting an interview with an NGO worker who had claimed on air that the large number of illegal Cambodian workers to Thailand was due to high cost of obtaining a Cambodian passport. Speaking at ...

http://www.cambodiadaily.com

Cambodia Finally Starts Stock Trading

Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...

http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/

Defence homes in on assumptions of rank

During the final day of testimony by Sar Kimlomouth at the Khmer Rouge tribunal yesterday, the defence team for co-accused Khieu Samphan sought to weaken the ties between their client and the Ministry of Commerce, within which Sar Kimlomouth, a former banker within Democratic Kampuchea, ...

http://www.phnompenhpost.com/index.php/KRTalk/defence-homes-in-on-assumptions-of-rank.html

Land volunteers on way: PM

Prime Minister Hun Sen said yesterday 700 volunteers from the Cambodian People’s Party had fanned out across eight provinces to measure properties and provide titles to villagers who have been displaced by land disputes. Speaking to about 10,000 villagers in the Kroch Chhmar district of Kampong ...

http://www.phnompenhpost.com/index.php/2012070257144/National-news/land-volunteers-pm.html

Hun Sen Encourages Cambodians to Emulate Chinese-Style Wealth

Prime Minister Hun Sen yesterday encouraged Cambodians to strive for Chinese-style millionaire status as he inaugurated a sugar refinery located inside two controversial plantations belonging to CPP Senator Ly Yong Phat and his wife in Kompong Speu province. “I have one clear policy in strengthening the ...

http://www.cambodiadaily.com/news/hun-sen-encourages-cambodians-to-emulate-chinese-style-wealth-7028/

Hun Sen wants more Australian investors

The Prime Minister appealed Wednesday to Australian investors to increase their investments in Cambodia, especially in the agriculture and the tourism sectors. The comments were made during a meeting with the outgoing Australian Ambassador to Cambodia, Penny Richards, at the Peace Palace. He said, because of ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzFhMzAxN2QzNDZ

Blackouts to end soon: EdC

Blackouts in Phnom Penh will no longer be a problem after an energy source near Sihanoukville starts providing an extra 50 megawatts of coal-fired power to the city next month, the director-general of Electricite du Cambodge (EdC) said. Keo Rottanak said by mid-June at the latest ...

http://www.phnompenhpost.com/2013052765845/Business/blackouts-to-end-soon-edc.html

ICT expo is planned for next month

An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...

http://www.phnompenhpost.com/2013060766122/Business/ict-expo-is-planned-for-next-month.html

Hundreds demonstrate on activist’s behalf

Two days before a land activist’s scheduled sentencing, about 400 people affected by land grabs demonstrated at Pursat Provincial Court in support of the man who frequently protests against the Pheap Imex Company. About 12,000 families are now involved in land disputes around a Pheap ...

http://www.phnompenhpost.com/2013070966735/National/hundreds-demonstrate-on-activist-s-behalf.html

Cambodia's trade with S. Korea up 12% in 5 months

Bilateral trade between Cambodia and South Korea has reached 329 million U.S. dollars in the first five months of this year, up 12 percent over the same period last year, showed the latest figures from the Korea Trade- Investment Promotion Agency to Phnom Penh on ...

http://news.xinhuanet.com/english/business/2013-07/17/c_132549530.htm

Hong Kong calls for hike in imports

After a visit to Phnom Penh last week, John C Tsang, finance secretary of the Hong Kong Special Administrative Region, took to his blog to call for more direct imports of Cambodian rice, which he says comes through a third country. In a post on June ...

http://www.phnompenhpost.com/2013070266597/Business/hong-kong-calls-for-hike-in-imports.html

Tourists in trouble rise

Crimes and traffic accidents of which tourists were the victims increased by 33 per cent in the first six months of 2013, compared with the same period last year. Tourism Police Department director Nhearn Vibol said that 396 tourists had fallen victim to crime and motor ...

http://www.phnompenhpost.com/2013062066385/National/tourists-in-trouble-rise.html

Muhibbah JV bags RM276m projects for Cambodia’s airports

Muhibbah Engineering (M) Bhd and its joint venture partner has secured two contracts valued at US$87mil (RM276mil) to build and expand two airports in Cambodia. Muhibbah has a 30% stake in SCA [Societe Concessionnaire de L’Aeroport]. The duration for the Phnom Penh Airport and Siem ...

The Star Online News Staff
http://www.thestar.com.my/Business/Business-News/2013/11/06/Muhibbah-JV-bags-RM276m-projects-for-Cambodia-airports.aspx

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