Workshop Calls for Revenue Transparency in Oil, Gas Sector
The government and private companies are being encouraged to adopt a voluntary initiative in order to make revenues generated by the extractives sector more transparent. The workshop on the Best Practice of Governance in Extractive Industries and Revenue Management, which was held in Phnom Penh on Friday by ...
More workers rally at ongoing Naga strike
bout 100 chefs and kitchen staff walked off the job at the capital’s NagaWorld casino yesterday as a workers’ strike at the luxury entertainment venue entered its fifth day. More than 1,000 protesters — the majority of the casino’s workers — rallied outside the front entrance ...
http://www.phnompenhpost.com/2013022761629/National/more-workers-rally-at-ongoing-naga-strike.html
Cambodia Hopes to Benefit from Joint Oil Project
Cambodia will receive most of the income derived from a joint project to exploit promising offshore oil reserves, official sources have confirmed here. Ek Tha, spokesman for the Cabinet office said that in negotiations with Chevron, the government proposed reaping 70 to 80 percent of the ...
http://www.plenglish.com/index.php?option=com_content&task=view&id=576551&Itemid=1
Minister: hands-off judiciary
Justice Minister Ang Vong Vathana has never interfered in a judicial decision, he said during a speech in front of a half-vacant National Assembly yesterday. ...
Taing Vida
http://www.khmertimeskh.com/news/25993/minister--hands-off-judiciary/
Government tells telcos off
The Telecommunication Regulator of Cambodia (TRC) of the Ministry of Posts and Telecommunications issued warning letters to mobile operators Beeline and Smart over their recent advertisement, stating it violates the Inter-Ministerial Prakas, or edict, signed in 2009. The separate letters, obtained by the Post last week, ...
http://www.phnompenhpost.com/2013040864932/Business/government-tells-telcos-off.html
Chartered carrier takes off
Newly established Wat Phnom Airlines completed its maiden flight to Taiwan’s Taoyuan International Airport on July 10. But its predecessor, grounded Tonlesap Airlines, is said to owe the same airport more than $50,000 in landing fees. The local chartered carrier “is officially in business after it ...
http://www.phnompenhpost.com/business/chartered-carrier-takes
Worse off than before
In May of 2010, just four days after their family was resettled in Battambang province, two children, accompanied by their sister-in-law, walked to a pond. Stories differ as to why they were there. Rights groups say they went to bathe and collect water. Police claim ...
Daniel de Carteret
http://www.phnompenhpost.com/business/worse
Biodiversity gathering kicks off
The ninth annual conference of the Association for Tropical Biology and Conservation’s Asia-Pacific chapter commenced in Phnom Penh yesterday, assembling a host of academics, conservation workers and policymakers to address local and global challenges facing biodiversity in tropical Asia. ...
Ethan Harfenist
http://www.phnompenhpost.com/biodiversity-gathering-kicks
Cambodia Aims for Offshore Production Next Year
The Cambodian government expects U.S. oil major Chevron Corp. CVX -0.53%to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday Chevron discovered commercial resources ...
http://online.wsj.com/article/SB10000872396390443507204578020023711640726.html
Mixed results for oil firm's search off coast
The first well drilled by a major Chinese company looking for oil and gas in Cambodian waters has been completed, though hydrocarbons in the firms offshore block are proving elusive, an official at the Cambodian National Petroleum Authority (CNPA) has said. ...
http://www.cambodiadaily.com/business/mixed-results-for-oil-firms-search-off-coast-6489/
Border scrap off talks agenda
The territorial conflict between Thailand and Cambodia will not be discussed during Cambodian Prime Minister Hun Sen’s visit to Thailand this week, Prime Minister Prayut Chan-ocha says. ...
Bangkok Post News Staff
http://www.bangkokpost.com/news/general/796340/border-scrap-off-talks-agenda
Export credit insurance taking off
Export credit insurance is still taking off in Cambodia, but more companies are beginning to take advantage of it, a senior executive from Forte Insurance Company said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/23690/export-credit-insurance-taking-off/
Fourth IPO kicks off roadshow
Phnom Penh SEZ Plc, which operates the country’s busiest industrial park, launched its IPO public roadshow yesterday, pitching its solid track record and growth potential to prospective investors that it hopes will sink up to $11.6 million into the company’s initial public offering on the ...
Cam McGrath
http://www.phnompenhpost.com/business/fourth-ipo-kicks-roadshow
Economy eases off the pedal
Cambodia’s economy is expected to grow by 6.9 per cent in 2015, driven by the construction sector, while traditional growth areas, such as garments and tourism, are expected to see a relative slowdown this year, according to a World Bank economic report.Yesterday’s update on the ...
Ananth Baliga
http://www.phnompenhpost.com/business/economy-eases-pedal
Raids net apparel knock-offs
Investigations are continuing after Siem Reap’s economic police conducted four raids last Saturday on shops selling knock-offs of products from US-based outdoor apparel and equipment brand The North Face, police sources said yesterday.The raids were conducted on four stores – Cambodia Outlet, Duty Free Outlet, ...
Ananth Baliga and Thik Kaliyann
http://www.phnompenhpost.com/business/raids-net-apparel-knock-offs
NEC shrugs off database hack
Officials and foreign donors yesterday sought to play down concerns over the security of the National Election Committee’s voter list, after anonymous leaker “Thleay” released a video appearing to show manipulation of the database and the NEC confirmed it had been hacked. ...
Ananth Baliga, Mech Dara and Touch Sokha
http://www.phnompenhpost.com/national/nec-shrugs-database-hack
Poll candidates kicked off list
The National Election Committee has barred 88 candidates from standing in the commune elections for a variety of odd reasons. Seven parties have had candidates stood down: the CPP, CNRP, Funcinpec, the Khmer National United Party, the Beehive Social Democratic Party, the League for Democracy Party ...
Khuon Narim
http://www.khmertimeskh.com/news/38706/poll-candidates-kicked-off-list/
Monks sell off public land
The chief of a Buddhist pagoda, a village chief and six laymen will appear in Phnom Penh Municipal Court on Monday after accusations they sold public land worth $50,000. ...
Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/39143/monks-sell-off-public-land/
Phnom Penh Water Festival off
The Cambodian government has decided to cancel this year’s Water Festival in Phnom Penh out of respect for the late King Father Norodom Sihanouk, Prime Minister Hun Sen announced on Tuesday. The Prime Minister said in a circular notice that the celebration on the Tonle Sap ...
Garment workers' strikes pay off
The determination of 3,000 garment factory workers in Kampong Chhnang province’s M&V factory has finally paid off. Workers will return to the factory floor today after management finally agreed to their four-point list of demands yesterday, after initially refusing to budge. Noun Sam Ol, deputy president of ...