ADB advises region to combine grids
Cambodia is expected to be able to produce about half the energy it needs by 2035, according to the Asian Development Bank (ADB), but the Kingdom – along with its neighbours – should also consider integrating their energy grids, which would bring about more competitive ...
http://www.phnompenhpost.com/2013053165966/Business/adb-advises-region-to-combine-grids.html
Cambodia’s young users
Injecting methamphetamines is on the rise in Cambodia, particularly among younger addicts, as recreational users have begun to switch from smoking and pill-popping to mainlining, a report by the Australian National Council on Drugs suggests. The report, released yesterday, details how amphetamine-type stimulants (ATS) and their ...
Daniel Pye
http://www.phnompenhpost.com/national/cambodia%E2%80%99s-young-users
OIC delegation visits Cambodia
A delegation from the Organization of Islamic Cooperation (OIC) recently visited Cambodia to participate in an international conference organized by the Council for Development of Cambodia under the slogan “Islamic Education and Economic Development in Cambodia” in the capital Phnom Penh. Located in the southern portion ...
Arab News Staff
http://www.arabnews.com/news/604706
Toll may lose rail rights
A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...
NagaCorp raises $156 million from top-up placement
NagaCorp, a gaming and entertainment hotel complex operator in Cambodia, has raised HK$1.21 billion ($156 million) from a top-up placement, after fixing the price at the bottom of the indicative range. The deal was launched at around 6pm yesterday in Hong Kong time, and the ...
http://www.financeasia.com/News/336436,nagacorp-raises-156-million-from-top-up-placement.aspx
Obama Urged to Address Rights Issues During Cambodia Visit
Some of the U.S.’ most senior lawmakers are urging Barack Obama to speak out on what they called Cambodia’s deteriorating human rights situation when the U.S. president makes what will be the first visit to the country by a sitting American leader later this month. ...
http://www.cambodiadaily.com/news/obama-urged-to-address-rights-issues-during-cambodia-visit-5555/
Angkor Wat Visits Up on Asia Tourist Arrivals
THE number of international tourists visiting Siem Reap’s Angkor Wat temples increased 23 percent year-on-year through July, with statistics showing notable growth in travellers from Vietnam, South Korea, China and Japan. Some 907,463 tourists arrived at Angkor Wat in the first seven months of 2011, up ...
Offshore energy claims open divisions in Southeast Asia
Depending on who you believe, the South China Sea could be the next Persian Gulf due to its untapped oil and gas deposits. It’s also a key shipping lane that the US Navy has guarded for decades. That’s why so many countries are sparring over remote ...
Koh Rong Samloeun’s Asia-driven tourism boom
Just four years ago, the white sand beach at Koh Rong Samloeun’s Saracen Bay was empty. Now workers can be seen scrambling over the frames of new bungalows along the shoreline, and speed boats arrive hourly from the mainland to drop off crowds of tourists ...
Jonathan Cox
http://www.khmertimeskh.com/news/21542/koh-rong-samloeun---s-asia-driven-tourism-boom/
Correspondent banking in retreat, but growing in Asia
While financial inclusion is a top priority for emerging economies, new research suggests more stringent enforcement of anti-money regulations in recent years has resulted in major Western banks disconnecting from these regions, leaving local businesses without access to the international financial system. ...
Cam McGrath
http://www.phnompenhpost.com/business/correspondent-banking-retreat-growing-asia
$10 mln to protect ecosystems in Southeast Asia
The Critical Ecosystem Partnership Fund has committed to provide another $10 mln U.S. in grants to address the environmental crisis engulfing mainland Southeast Asia. The ground-breaking biodiversity fund was launched in 2008. During the first phase, $10 mln was invested in efforts to conserve the critical ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZmM3ZDQzYjBiMmV
Social accountability East Asia and Pacific congratulates ACU
Social accountability East Asia and Pacific, a regional non-profit organization devoted to improving governance and social accountability, congratulated the Anti-Corruption Unit (ACU) of Cambodia for requiring government institutions to set a standard public service fee for items such as; certificates and ID cards. The ACU ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZGI2NDM1ODEwZTU
Asia-Pacific officials discuss climate change in Cambodia
More than 100 officials from some 20 economies in Asia and the Pacific are meeting with donor institution representatives in Cambodia’s Siem Reap province in a bid to strengthen public financial management systems for climate change adaptation projects, said a news statement on Monday. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140915/asia-pacific-officials-discuss-climate-change-cambodia
Growth in vehicle sales fuelled by bank loans, dealers say
Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, ...
Oil dispute optimism
A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...
http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html
Rights Activist Denies Phnom Penh Move Is Due to Charges
A Ratanakkiri-based human rights worker charged by the Ratanakkiri Provincial Court with inciting ethnic minority villagers to protest during a 2009 land dispute with a private agro-industry company has been transferred to work in Phnom Penh. Pen Bonnar, Ratanakkiri provincial coordinator for Adhoc , said yesterday ...
VN inaugurates Cambodia’s largest fertilizer plant
The Nam Sao Cambodia international fertilizer plant, the largest of its kind in Cambodia and a project under cooperation between the country and Vietnam, was Tuesday inaugurated in Somrongthom Commune, Kean Svay District, Preyvan Province, 40 kilometers from the capital city of Phnom Penh. Prime Minister ...
Indonesian Trader Close to $1.5b Cambodia Sales Deal
Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...
http://www.thejakartaglobe.com/business/indonesian-trader-close-to-15b-cambodia-sales-deal/550207
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 ...
Ministry Bans US-Backed Radio Broadcasts for Election Weekend
The Ministry of Information ordered local radio stations not to transmit programs from U.S.-backed broadcasters over the election weekend, an official said. Voice of America (VOA), the U.S. government’s official broadcaster overseas, and Radio Free Asia (RFA), a station funded in part by the U.S. government, ...