Government plans one of world’s biggest airports in Kandal
The Cambodian government has approved plans to build one of the world’s largest airports in Kandal province, though key actors have yet to work out the details and one economist noted yesterday that the current proposal may be short-sighted. ...
Hor Kimsay and Brendan O’Byrne
http://www.phnompenhpost.com/business/government-plans-one-worlds-biggest-airports-kandal
Man Charged With Clearing State Forestland
The Kampong Thom Provincial Court yesterday charged a man with clearing state-owned forestland after he was arrested on Monday along with 13 other villagers, according to provincial prosecutor Ben Sarath. Heoun Sokha was arrested in Kraya commune’s Santuk district after he was found by police clearing ...
Indonesia to import 100,000 tons of rice from Cambodia
Indonesia will import 100,000 tons of rice from Cambodia next month, Trade Ministry director general for foreign trade Deddy Saleh has said. The importation is a follow up from a joint trade agreement signed in August this year. “For the first batch, we will import 100,000 tons ...
http://www.thejakartapost.com/news/2012/11/01/indonesia-import-100000-tons-rice-cambodia.html
Aspara International's China flights delayed
The launch of a new airline promising regular flights between Phnom Penh and China has been stalled, awaiting government approval. Apsara International Air – co-owned by Chinese and Cambodian investors – now plans to begin operations sometime in 2014 as talks between the airline and the ...
May Kunmakara
http://www.phnompenhpost.com/business/aspara-internationals-china-flights-delayed
For 2013, trade value to reach $16 billion
The value of Cambodia’s overall trade volume for 2013 is expected to reach $16 billion, according to the former Minister of Economy and Finance, Keat Chhon. The figure comes to a 14.4 per cent rise from last year. ...
Chan Muy Hong
http://www.phnompenhpost.com/business/2013-trade-value-reach-16-billion
Casino owner’s woes persist
The share price of Cambodian casino owner Entertainment Gaming Asia has fallen below the minimum requirement of the Nasdaq Stock Market, threatening the gaming company’s US listing, according to a statement posted on EGA’s website last week. EGA has been given 180 days – until October ...
Eddie Morton
http://www.phnompenhpost.com/business/casino-owner%E2%80%99s-woes-persist
Cambodia-U.S. trade up 11 pct in Q1
Bilateral trade volume between Cambodia and the United States had amounted to 845 million U.S. dollars in the first three months of 2014. The number saw a 11-percent rise from 758 million U.S. dollars over the same period last year, figures release by the U.S. Department ...
Shanghai Daily
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=216833
Imports of petroleum on the rise last quarter
Cambodia’s petrol bill topped $440 million at the end of the first quarter, up 11 per cent from $397 million during the same period last year, according to data from the Ministry of Commerce. The data show Cambodia imported a total of 453,000 tonnes of petroleum ...
May Kunmakara
http://www.phnompenhpost.com/business/imports-petroleum-rise-last-quarter
Tally of goods linked to child labour grows
Four more goods made in Cambodia have been linked to exploitative child labour, adding to a mounting list of items the United States considers to be produced in violation of international rights laws. The mounting number of Cambodian goods found to use child labour runs ...
Laignee Barron
http://phnompenhpost.com/national/tally-goods-linked-child-labour-grows
Assembly passes aviation bill
The National Assembly (NA) has passed a draft law on the management of the State Secretariat of Civil Aviation (SSCA). It replaced a previous law, in a bid to ensure that civil aviation legislation aligns with the Kingdom’s current development. ...
Kim Yutharo and Orm Bunthoeurn
https://www.phnompenhpost.com/national/assembly-passes-aviation-bill
Senate approves draft law on Laos border treaty ratification
The Senate unanimously approved a draft law on the ratification of the State-Boundary Treaty between Cambodia and Laos, signalling acceptance of the results of a joint inspection of 86 per cent of the border. Negotiations around the demarcations have been ongoing for more than 28 ...
Samban Chandara
https://www.phnompenhpost.com/national/senate-approves-draft-law-laos-border-treaty-ratification
Main Siem Reap airport work ‘done by March’
Siem Reap Angkor International Airport (SAI) will be a major infrastructural feat that expands and improves the Kingdom’s air passenger and cargo services, bringing in more foreign tourists to fuel post-Covid-19 recovery in the industry. ...
May Kunmakara
https://www.phnompenhpost.com/business/main-siem-reap-airport-work-done-march
Siem Reap airport to close after new one opens
After the new Siem Reap-Angkor International Airport (SAI) opens in October, the existing complex serving the northwestern province will be “completely closed”, according to State Secretariat of Civil Aviation (SSCA) spokesman Sin Chansereyvutha. ...
May Kunmakara
https://www.phnompenhpost.com/business/siem-reap-airport-close-after-new-one-opens
World Bank East Asia Pacific regional vice President visits Cambodia
The World Bank looks forward to working with Cambodia to support the country’s efforts in reducing poverty and improving economic and social conditions for its people, especially in agriculture, health, education and transportation, said Axel van Trotsenburg, World Bank Regional Vice President for East Asia ...
The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51499-world-bank-east-asia-pacific-regional-vice-president-visits-cambodia
Leaders of Japan, China to Attend Asean, East Asia Summits
The leaders of two of Cambodia’s biggest donors, China and Japan, will attend the up coming Asean and East Asia summits in Phnom Penh next week, Prime Minister Hun Sen confirmed during a speech in Siem Reap province yesterday. “China Prime Minister [Wen Jiabao] will arrive ...
‘Tsunami’ of Tobacco-Linked Deaths Predicted
The government must act now in order to avoid a “tsunami” of tobacco-related deaths in the coming years, according to the co-author of a new report on smoking that appears in the Journal of the American Medical Association on Wednesday. Research for the study, Smoking prevalence ...
Lauren Crothers
http://www.cambodiadaily.com/news/tsunami-of-tobacco-linked-deaths-predicted-50317/
Royal group ordered to dismantle jetty on O’tres beach
Six months after it started construction, Kith Meng’s Royal Group has been ordered to demolish a nearly finished jetty on O’Tres Beach near Sihanoukville, with local officials saying the tycoon’s company was never granted permission to build it in the first place. ...
Khuon Narim
https://www.cambodiadaily.com/news/royal-group-ordered-to-dismantle-jetty-on-otres-beach-106093/
Property doubts resurface following The Bay’s suspension
Cracks are beginning to appear in Phnom Penh’s property market following news this week that Singapore developer TEHO International has placed its troubled, $500 million upscale real estate project on hold. Citing an “unfavourable macro-economic outlook” in Phnom Penh’s condo sector, the Singapore-listed firm blamed poor ...
Lauren Barrett
http://www.phnompenhpost.com/post-property/property-doubts-resurface-following-bays-suspension
Sihanoukville gets ready for listing
The Sihanoukville Autonomous Port (PAS) launched a book building process yesterday to determine what price to offer in an initial public offering (IPO), before it is listed on the Cambodia Securities Exchange late next month. ...
Chea Vannak
http://www.khmertimeskh.com/news/37759/sihanoukville-gets-ready-for-listing/
DBD becomes Growth Board’s first listing
DBD Engineering Plc, a local multi-purpose engineering and construction firm, went public via initial public offering (IPO) on the Cambodia Securities Exchange’s (CSX) Growth Board on September 6. ...
Thou Vireak
https://www.phnompenhpost.com/business/dbd-becomes-growth-boards-first-listing