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
Renewed US Interest in Region Puts Cambodia in Tough Spot, Analysts Say
The US “pivot to Asia,” which will be punctuated next week with the Cambodian visit of US President Barack Obama, will likely put Cambodia in a tough spot in the region, caught between the renewed focus of the United States and the increased influence of ...
ASEAN-US business summit next week
United States Trade Representative Ron Kirk, will spend two days, August 30 and 31, in Siem Reap attending the 44th ASEAN Economic Ministers’ meeting and the ASEAN-US Business Summit. He is also scheduled to meet separately with Cambodian leaders and other participating ministers to discuss bilateral ...
Sokha ‘snubs China for US’
CAMBODIA National Rescue Party deputy leader Kem Sokha pledged his party’s foreign policy allegiance to the United States over China in no uncertain terms to top officials in Washington, last week, according to a summary of his meetings posted online. A document released by the US-based ...
Kevin Ponniah
http://www.phnompenhpost.com/national/sokha-%E2%80%98snubs-china-us%E2%80%99
Cambodia’s Economic Challenge
Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...
http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/
Charged Rights Worker Returns to Cambodia; Hearing Pending
Human Rights investigator Chan Soveth has returned to Cambodia more than two-and-a-half months after leaving in the face of a criminal charge that is thought to be linked to an alleged insurrection that took place in Kratie province in May. On August 14, the court charge ...
Siem Reap Recognized As Cultural City Of East Asia In 2012
Siem Reap, home of world heritage Angkor Wat temple was recognized as the cultural city of East Asia 2012. The announced was made in the 13th ASEAN Plus Three Foreign Ministers’ Meeting in Phnom Penh on July 10. “That is an honor for Siem Reap province, said Cambodian officials and tourism sector. The ...
PAL urged not to pursue deal to form Cambodia Airlines
Flag carrier Philippine Airlines (PAL) is said to be better off not pursuing a deal with Royal Group of Cambodia (RGC) to form Cambodia Airlines Co. Ltd., saying there are other “bigger priorities” for the flag carrier. CAPA said the Cambodia-Philippines is a small market, ...
Lenie Lectura
http://www.abs-cbnnews.com/business/02/04/14/pal-urged-not-pursue-deal-form-cambodia-airlines
Railway Family Payouts Could Be Increased
The government and the Asian Development Bank (ADB) will start drafting a new resettlement plan this month that could improve the compensation on offer for some of the roughly 200 Phnom Penh families losing their homes because of rehabilitation of the country’s railway network in ...
Thai uni offers scholarships to 40 Cambodian students: PM
Prime Minister Hun Sen requested that Thailand’s Krirk University meet with the Ministry of Education, Youth and Sport to discuss recruitment after the school announced scholarships for 40 Cambodians. ...
Ry Sochan
https://www.phnompenhpost.com/national/thai-uni-offers-scholarships-40-cambodian-students-pm
Hun Sen Offers ‘Back Pay’ to Ousted Opposition Lawmakers
Prime Minister Hun Sen has offered to pay back the lost salaries of opposition lawmakers who were stripped of their parliamentary posts in June by the then CPP-led National Assembly, a CNRP official said. The offer to back-pay the 27 lawmakers from the Sam Rainsy Party ...
Colin Meyn
http://www.cambodiadaily.com/elections/hun-sen-offers-back-pay-to-ousted-opposition-lawmakers-42679/
Ministry disputes forests data
The Ministry of Environment released a statement late Tuesday night vehemently refuting University of Maryland data that showed a 30 percent spike in forest cover loss in 2016 over the year before, pointing instead to its own data showing only minimal deforestation over the same ...
Phak Seangly and Ananth Baliga
http://www.phnompenhpost.com/national/ministry-disputes-forests-data
Study finds Cambodia most vulnerable to climate change
US credit ratings agency Standard & Poor’s has ranked Cambodia’s economy and creditworthiness as the most vulnerable to the effects of climate change. Of 116 nations measured by S&P as part of a vulnerability index published last month – with a number 1 ranking being the ...
Eddie Morton
http://www.phnompenhpost.com/business/study-finds-cambodia-most-vulnerable-climate-change