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Official Charged With Misappropriating Funds

The deputy director of the Preah Sihanouk provincial tax branch who was arrested for corruption last week was on Friday charged with the misappropriation of public funds, an official confirmed Sunday. Phy Rith, who was arrested by the Anti-Corruption Unit (ACU) on Wednesday, was charged by ...

Eang Mengleng
http://www.cambodiadaily.com/news/official-charged-with-misappropriating-funds-48332/

Locked-up villagers set off protests

More than 100 villagers protested in front of Banan district hall in Battambang province yesterday, demanding the release of six villagers who were arrested on Wednesday for allegedly accepting money to illegally divide state land. The six suspects have been accused of advertising land and then ...

http://www.phnompenhpost.com/index.php/2012072057527/National-news/land-dispute-locked-up-villagers-set-off-protests.html

Manulife To Use Tuk-Tuks to Promote Services

Canada-based life insurance company Manulife Cambodia will launch a big advertising campaign on tuk-tuks this year to raise awareness of its services. Manulife Cambodia chief executive Robert J Elliott said the campaign would begin with 75 tuk-tuks. ... He believes between one and two million people ...

http://www.phnompenhpost.com/2013021161281/Business/manulife-to-use-tuk-tuks-to-promote-services.html

PHNOM PENH CONDOMINIUM MARKET IS BOOSTED BY HIGH SALES RATES, PROMPTING FURTHER CONSTRUCTION

The condominium market in Phnom Penh is still very much within its early stage of development and thus is unlikely to flourish until there is a cultural shift towards owner occupants relocating to condominium developments within the city. This however will be heavily dependent on the ...

Cambodian Business Review Staff, P.18
http://www.cambisreview.com

Rice husks to pump energy to the grid

Malaysian company PMTI Energy (Cambodia) Co has signed a 10-year deal to supply Electricite du Cambodge with 48,000 megawatts of energy derived from rice husks every year. Phou Puy, president of PMTI, told the Post yesterday that about 70 per cent of the power generated from ...

Chan Muyhong
http://phnompenhpost.com/business/rice-husks-pump-energy-grid

Official Says Electricity Prices Set to Increases

State power company Electricite du Cambodge (EDC) plans to increase the price of electricity to make up for a drop in revenue this year, according to a Ministry of Industry, Mines and Energy official. “This year, oil prices went up, which meant the EDC did not ...

Beer makers binge on ads

Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...

http://www.phnompenhpost.com/index.php/2012011753964/Business/beer-makers-binge-on-ad-spend.html

Pay&Go Aims to Streamline Bill Payments With New Services

A local company has begun working in cooperation with ABA bank to streamline payments for services such as electricity bills and mobile phone top-ups by allowing people to pay through its website, mobile applications and electronic kiosks. PayGo SEA (Cambodia) Co. Ltd., which operates under the ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/paygo-aims-to-streamline-bill-payments-with-new-services-44794/

Thai power to Siem Reap cut

Siem Reap town – one of Cambodia’s biggest tourist destinations – faced yet another power outage yesterday after the provincial energy supplier cut power for 12 hours during the day. Energy supplier Electricite du Cambodge (edC) informed residents that power would be cut from 6am to ...

http://www.phnompenhpost.com/2013040464887/National/thai-power-to-siem-reap-cut.html

Telco Axiata strengthens regional hold, controls 34% of Cambodian market post-acquisition

Being one of the biggest Asian telecommunications companies with operations across ten countries, Axiata Group Bhd has flexed its muscles to firm its grip on the Cambodian market... After the acquisition of its rival Latelz Co Ltd, the second-largest mobile operator with a 21% market share ...

http://biz.thestar.com.my/news/story.asp?file=/2012/12/17/business/12469671&sec=business

Maid recruits routinely deceived, report finds

Job recruitment agencies that send workers overseas often deceive young women through misleading job advertisements by using brokers that have "a position of authority" within the community, according to a new report by the Asia Foundation. According to the report, agencies also inflate migration costs that ...

Moving towards e-commerce

Motorbikes, vegetables, iPhones, artwork, or even land on which to build a house – a quick browse through website 7Makara.com gives the impression of a Cambodian eBay or Amazon. The difference, however, is that you can’t complete the transaction from the convenience of your bedroom. In ...

http://www.phnompenhpost.com/2013061266208/Business/moving-towards-e-commerce.html

Price of Water Spikes as Sihanoukville Shortages Drag On

As Sihanoukville’s water shortage drags on, the price of water being delivered by private suppliers has skyrocketed with residents and business owners growing ever more desperate to get clean water into their homes, hotels and restaurants. Over the past week, since a reservoir supplying the city ...

http://www.cambodiadaily.com/news/price-of-water-spikes-as-sihanoukville-shortage-drags-on-17341/

Protests Over Mondulkiri Electricity Prices Resume

About 100 residents of Mondulkirri province’s Sen Monorom City have protested yesterday for the third time in the past 2 weeks in front of the provincial office of state electricity provider Eletricite du Cambodge (edc), demanding that their electricity be decreased. Vann Neang, who ...

http://www.cambodiadaily.com

New Coal Plant to Tackle Blackouts

National energy supplier Electricite du Cambodge (EdC) on Monday announcEd that a 50-MW coal-firEd power plant in Preah Sihanouk province is ready to come online this week and will solve Phnom Penh’s chronic blackouts. ... The statement does not mention which power plant had been completEd, ...

http://www.cambodiadaily.com/news/new-coal-plant-to-tackle-blackouts-31220/

Banks give students some tips

The first Banking Careers Forum, organised on Friday by Camed Business School with the support of leading banks and Micro Finance Institutions (MFIs), attracted hundreds of students –  the majority of them studying accounting and banking – to participate and find job opportunities in the ...

http://www.phnompenhpost.com/2013010760648/Business/banks-give-students-some-tips.html

Cambodia's rural communities to get sustainable energy access

The Asian Development Bank (ADB) and Government of Australia are expanding access to economical and reliable energy for rural Cambodian households, including through the promotion of cookstoves in Svay Rieng and Kampong Cham provinces. ... A $6.1 million Australian Aid grant, administered by ADB, will finance ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTc1MDdmNzhlNTM

Hotels told to use own power

State-owned energy supplier Electricite du Cambodge (edC) has sent letters to some of Phnom Penh’s four- and five-star hotels, asking that they switch to generators between 8am and 9pm this month — a move hotel-industry experts say would have a significant economic impact. In a letter ...

http://www.phnompenhpost.com/2013040264826/Business/hotels-told-to-use-own-power.html

World Bank Blocks Firm After Cambodia Project Probe

A bribery investigation by the World Bank has discovered misconduct by a major Canadian construction firm that was awarded a $5 million contract to help expand access to electricity in rural Cambodia, the bank said. In December 2009, SNC-Lavalin announced that it has been awarded ...

http://www.cambodiadaily.com/news/world-bank-blocks-firm-after-cambodia-project-probe-19199/

State Utility Staff May Be Registered To Vote Twice

The SRP yesterday said it had found that more than 90 employees of state-owned power company Electricite du Cambodge (edC) were registered to vote in two separate places for Sunday’s commune elections and warned that the ruling CPP may use such government employees to vote ...

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