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US signs over $65m in aid, but no sign of donor meeting

The government and the US Embassy yesterday signed off on half the nearly $65 million the US is giving Cambodia in aid this year, more than two months after Cambodia cancelled a major meeting with its foreign donors that was scheduled for November. Held roughly every ...

S&P downgrades national sovereign debt rating

Ratings agency Standard & Poor’s yesterday lowered Cambodia’s long-term sovereign credit rating by one notch to B due to the country’s continued inability to diversify its economy and increase government spending. The decision by Standard & Poor’s comes after the agency said in September that constraints ...

Japanese oil firm plans Cambodian operations

JAPAN Oil, Gas and Metals National Corporation has started preliminary surveying as the sole operator in Cambodia’s Block 17 onshore oil field, a 6,500 square-kilometre area of hilly forest in Kampong Thom, Preah Vihear and Siem Reap provinces, according to an Environmental Impact Assessment (EIA) ...

http://www.phnompenhpost.com/index.php/2011111052679/Business/japanese-oil-firm-plans-cambodian-operations.html

Investment needed to hit rice target

Cambodia needs at least another $120 million of investment in rice mills if it is to meet the government’s 2015 target of exporting 1 million tons of rice, Agriculture Minister Chan Sarun said yesterday. While rice exports from Cambodia this year have seen a significant increase ...

Deadline extended for comment on new urban planning rules

The Ministry of Land Management is giving a brief reprieve to non-government groups and donor partners who missed yesterday’s deadline to comment on a draft sub-decree aiming to guide and regulate the country’s urban development. After making the Sub-Decree on Urban Planning and Town Areas public ...

As chair of Asean, Cambodia promotes Korean peace talks

In its capacity as Asean chair, Cambodia has said it wants to help lessen tensions on the Korean peninsula by trying to revive the six-party talks on North Korean denuclearization and by inviting North Korea to join the Asean Ministerial Meeting in Phnom Penh in ...

Kingdom's 2011 GDP hits 6.9%

Cambodia’s gross domestic product grew 6.9 per cent year-on-year in 2011, and is set to increase to 6.5 per cent this year, according to preliminary projections from the Ministry of Economy and Finance. Agriculture, which was hit hard by floods last year, climbed 3.3 per cent, ...

http://www.phnompenhpost.com/index.php/2012012754182/Business/kingdoms-2011-gdp-hits-69.html

Backing sought for coal-fired power plant

A Thai energy firm has completed a study for a 1,800-megawatt coal power plant in Koh Kong province, and had asked for Prime Minister Hun Sen’s support in furthering the project, government officials confirmed yesterday. The plant would be the largest power generator in the energy-starved ...

http://www.phnompenhpost.com/index.php/2012020854368/Business/backing-sought-for-coal-fired-power-plant.html

Thai Envoy Proposes Group to Address Logging

The Thai Ambassador in Phnom Penh has suggested that Cambodia form a special delegation to tackle the common – and often deadly – practice of illegal logging along the two countries’ shared border, the ambassador said yesterday. Already this year, 11 Cambodians have reportedly been ...

Appeal Court Rehears case of $60 Million Embezzlement

The former deputy director general of Anco Groups and his wife yesterday defended themselves against convictions handed down by the Phnom Penh Municipal Court for embezzling nearly $60 million dollars from the firm – owned by CPP Senator and tycoon Kok An – during the ...

Information Minister Promotes Gov't Use of Social Media

Minister of Information Khieu Kanarith has encouraged all provincial and city information departments to set up and maintain their own homepages, websites and profiles on the Internet, including popular social networking sites such as Facebook, officials said yesterday. The minister, who posts frequent updates ...

Phnom Penh Residents Asked To Reduce Electricity Usage

State-run Electricite du Cambodge (EdC), the main provider of electricity in the country, has appealed to residents of Phnom Penh to reduce electricity use due to a power shortage, an EdC official said yesterday. The company is only able to produce 70 percent of the city’s ...

Forum Calls on Governments to Halt Laos, Stung Treng Dams

Participants at the Asean Peoples’ Forum have called on regional leaders to halt plans to construct two controversial hydropower dams in Laos and Cambodia because of the large number of people who will be affected and the lack of public consultation. The forum in Phnom Penh, ...

Hun Sen: we won’t be bought

After a week of global media reports dissecting Cambodia’s relationship with China, Prime Minister Hun Sen had apparently had enough yesterday – lashing out at the media and analysts he termed “crazy” in what proved an unexpected conclusion to the 20th ASEAN Summit. The premier spent ...

http://www.phnompenhpost.com/index.php/2012040555451/National-news/hun-sen-we-wont-be-bought.html

Passports in hand, strikers eye return

More than half of the 800 Cambodian workers who accused police of threatening them with guns and firing into the air during a protest at Phatthana Seafood Co in Thailand on Monday were preparing to return home yesterday, a strike representative said. Sok Sorng said employees ...

http://www.phnompenhpost.com/index.php/2012041155562/National-news/passports-in-hand-strikers-eye-return.html

Eight people sent to court over violent protest

Preah Sihanouk provincial authorities on Sunday sent eight people to court for blocking National Road 4 and using violence against authorities in a land dispute in Prey Nop district’s Bit Traing commune. Four police officers and two commune security guards sustained injuries when the protesters ...

Voun Dara
https://www.phnompenhpost.com/national/eight-people-sent-court-over-violent-protest

Key commerce laws to be passed this year

A raft of new laws to boost the local economy is in the pipeline and will be passed before the end of the year, according to a senior public official. Mao Thora, secretary of state at the Ministry of Commerce, told Khmer Times on Tuesday that the E-commerce ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50622358/key-commerce-laws-to-be-passed-this-year/

Governor seeks World Bank’s help to tackle waste woes

Due to the rapid growth of the Kingdom’s coastal city of Sihanoukville, the amount of rubbish being produced daily has skyrocketed from just 100 to 200 tonnes per day in 2015 to a staggering 1,000 tonnes today, prompting Preah Sihanouk’s governor to request World Bank ...

Ben Sokhean
https://www.khmertimeskh.com/50649191/governor-seeks-world-banks-help-to-tackle-waste-woes/

Sihanoukville’s new sewage systems ‘almost complete’

Following public outcry after waste from construction projects in Sihanoukville was found being dumped directly into the sea, provincial authorities have said four sewage systems are now almost complete. The construction of sewage systems at four beaches was 80 per cent finished, while two pumping ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/sihanoukvilles-new-sewage-systems-almost-complete

EdC draws angry complaints

Electricite du Cambodge (EdC) director-general Keo Rattanak said on Thursday that during the first seven months of this year, the company had received 237 complaints on Facebook regarding electricity meters. Rattanak was speaking on Thursday morning at a press conference to address concerns about the ...

Mech Dara
https://www.phnompenhpost.com/national/edc-draws-angry-complaints

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