New Mekong Port to Ease Overloaded Phnom Penh Terminal
With cargo traffic at the Phnom Penh Autonomus Port growing rapidly, a nearly completed container terminal just south of the city on the Mekon River should help ease the congestion. The 30-hectare port, in Kandal province’s Kein Svay district, was completed late last month, though cranes ...
Cambodia Says No Strings Attached in Recent Chinese Aid
China has done a lot to support Cambodia over the years, with millions of dollars in aid, loans and investment. But after reports last week that China has pledged another $500 million in soft loans and grants-and publicly thanked Cambodia for its support in Southeast ...
ASEAN senior officials meet ahead of 30th ASEAN Ministers on Energy Meeting
ASEAN senior officials on energy gathered here on Monday to discuss and prepare documents for the 30th ASEAN Ministers on Energy Meeting and related meetings to be held on Sept. 12. The two-day preparatory meeting, under the theme “ASEAN Green Connectivity”, was chaired by Tun ...
http://news.xinhuanet.com/english/world/2012-09/10/c_131841006.htm
Changing a culture of impunity
Despite the recent spate of high-profile arrests and deportations, analysts, attorneys and civil society groups are divided on whether the Kingdom is finally beginning to live down its reputation as a haven for the fugitives and criminals who have long been drawn to the country ...
Bank Collapse Sees Property Up for Grabs
A prime piece of Phnom Penh real estate was put up for auction last week by a South Koran government agency attempting to recoup taxpayers’ money lost during a bank collapse last year. Bids have been made that could see a new development on the site, ...
'Outsiders' Accused of Interference in Sonando Case
The Foreign Affairs Ministry has fired back at criticism over the conviction of independent radio station owner Mam Sonando on insurrection charges, accusing “outsiders” of seeking to interfere in the judicial system. Supporters say the case against Mr. Sonando for allegedly leading an anti-government movement ...
http://www.cambodiadaily.com/outsiders-accused-of-interference-in-sonando-case/
Fight to Save Mekong Dolphin Makes Enemies
Sitting at his outpost overlooking the Mekong River, Deab Kuy remembers an incident some years ago when fishermen threatened to attack him if they were stopped from casting their nets around the river’s sandy islets here in Sambok commune. The outpost, little more than a wooden house on ...
Japanese Investment Grows; Hurdles Remain
Japanese investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth—and to avoid driving Japanese companies to other attractive investment destinations such as Burma —the ...
http://www.cambodiadaily.com/business/japanese-investment-grows-hurdles-remain-5144/
Thaicom's Mfone files for insolvency
Cambodia-based telecommunication operator Mfone, part of the Thaicom group, on Wednesday petitioned for insolvency proceedings in Phnom Penh after facing difficulties in an intensely competitive market and after failing to complete the sale of its shares to INT Management Service Company. “Mfone has been through a ...
http://www.nationmultimedia.com/business/Thaicoms-Mfone-files-for-insolvency-30197687.html
CPF subsidiaries investing Bt250m in Laos, Cambodia
CP Laos and CP Cambodia are investing a combined Bt250 million to set up a new silo for maize in Cambodia and a new feed-meal plant in Laos to strengthen CPF’s integrated agricultural-industrial business as the Asean Economic Community (AEC) approaches. Most recently, the company ...
Protesters End Roadblock Empty-Handed
Srey ambel district, Koh Kong province – A roadblock by locals in a long-running land dispute with CPP Senator Ly Yong Phat petered out after several hours in the dying rain on Saturday without the protesters winning any concessions from either the senator’s firm or ...
Commune Chief Collectors’ Scam Follows Election
The commune election had only just ended on Sunday when the scam had started. On Tuesday, a well-dressed man claiming to be the brother of one of Phnom Penh’s newly reelected commune chiefs visited a business to present an invitation. It was convincing: The father of the ...
Tai Yang boss refutes name change allegations
Garment worker Ba Chhorvorn stands in the sweltering heat inside the small concrete brick room she calls home in Kandal province. Across the road is her workplace, a supplier to Levi’s and Gap, which her boss describes as the “five-star hotel of garment factories”. Worlds apart but ...
http://www.phnompenhpost.com/index.php/2012071757465/National-news/tai-yang-protest.html
Asian tourist numbers up, profits stagnant
The growth in international tourists visiting Cambodia is almost 27 per cent that of the numbers seen during the first six months of 2011, according to tourism officials who are predicting that the growth may be 25 per cent at the end of this year. Visitors ...
Experts Put Forward Changes to Draft Agreement Protecting Maids
Officials from the government U.N. and human rights groups on Friday put forward amendments to draft memorandum of understanding (MoU) that is designed to impose safeguards for Cambodians to travel to work as maids in Malaysia. While the original draft by the Malaysian government sets out the responsibility of ...
Study Finds Land Concessions of No Benefit
Government-issued economic land concessions are making the country’s indigenous communities in the northeast provinces worse off, according to a study by the Mekong Institute of Cambodia. Presented yesterday at the 2012 Development Research Forum in Phnom Penh, the study comes on top of mounting criticism of ...
Cambodia Moves Up in World Bank Report
Cambodia rose five places to rank 133rd out of 185 countries in the World Bank’s annual Doing Business report released yesterday, with the bank attributing the rise for the most part to the successful launch of the country’s credit bureau. Compared to other countries in the ...
Police reopen OZ, Cochlear bribery cases
THE Australian Federal Police will reopen corruption inquiries into major Australian companies OZ Minerals and Cochlear, after searing criticism that it was lax in its investigations. OZ Minerals will be targeted following discussions with the OECD about the AFP’s previous investigation of alleged foreign ...
http://www.smh.com.au/business/police-reopen-oz-cochlear-bribery-cases-20130112-2cmrt.html
Cassava production dropped in 2012
The area of cassava under cultivation fell by 11.5 per cent across the country this season, while the price of cassava chips remained the same as last season’s price. Officials blamed an unstable price during the previous season (from April to April) for the drop. According ...
http://www.phnompenhpost.com/2013020561173/Business/cassava-production-dropped-in-2012.html
Cambodia business embraces Facebook advertising
With an average of 1,100 additions every day, a new user joins Facebook in Cambodia every two minutes, according to estimates from social media marketing and advertising agency Social Media Plus. Founder of Social Media Plus Anthony Galliano said more and more companies operating in Cambodia ...