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US Seeks Infrastructure Deals in Cambodia

Looking to compete with Chinese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said yesterday in Phnom Penh. The plans, which come as part of a strategic and economic embracing of Asia ...

http://www.cambodiadaily.com/business/us-seeks-infrastructure-deals-in-cambodia-7945/

Cambodian miner Khmer Resources plans to tap Hong Kong capital market

Khmer Resources Investment, which is backed by the Cambodian government, aims to list in Hong Kong within two years, chairman Cao Yunde said. “We intend to leverage the capital market of Hong Kong to finance our growth through a public listing so as to maximise the ...

http://www.scmp.com/business/commodities/article/1130588/cambodian-miner-khmer-resources-plans-tap-hong-kong-capital

Nearly 1,000 workers fired from Winson International garment factory

Eight hundred and sixty-eight workers have been fired from the Winson International garment factory after they refused to obey a Kampong Speu Provincial Court injunction last week ordering them back to work within 48 hours. Free Trade Union official Ry Sithinet said yesterday that the workers, ...

http://www.phnompenhpost.com/2013012460953/National/nearly-1-000-workers-fired-from-winson-international-garment-factory.html

Kingdom’s small auto industry likely to expand as AEC looms

The Cambodian automotive industry will expand after the Kingdom’s integration into the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) in 2015, thanks to the free flow of goods within the bloc and Cambodia’s competitive advantage as a low-cost manufacturer, according to Cambodian Commerce ...

http://www.phnompenhpost.com/2013031861982/Business/kingdom-s-small-auto-industry-likely-to-expand-as-aec-looms.html

Details murky on Koh Pich dredge

Even as bulldozers slowly pushed freshly dredged sand into the Tonle Bassac yesterday, expanding Phnom Penh’s Koh Pich, developers and officials could say little about the massive project slated to occupy the new space – a 555-metre tower that would be the tallest in Asia, ...

http://www.phnompenhpost.com/2013040564919/National/details-murky-on-koh-pich-dredge.html

Koh Kong Sugar Firm Makes Offer to Return Disputed Land

The Thai owners of a pair of sugar plantations in Koh Kong province accused of forcing hundreds of farmers off their land will give the land back if it can be proved that those evicted legally own the land, rights workers and a village representative ...

http://www.cambodiadaily.com/news/koh-kong-sugar-firm-makes-offer-to-return-disputed-land-18770/

Cambodia’s city port reports 34 pct rise in cargo shipment in Q1

Cargos entering and leaving through Phnom Penh Autonomous Port, the kingdom’s 2nd largest port, increased by 34 percent in the first three months of this year due to rising trade activities, a senior port official said Thursday. During the January-March period this year, the state-owned port ...

http://www.nzweek.com/business/cambodias-city-port-reports-34-pct-rise-in-cargo-shipment-in-q1-59160/

Hun Sen Says Water, Power Shortages to Stay

Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...

http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/

Poipet Vendors Protest Corrupt Border Officials

More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. Migrant workers who cross ...

http://www.cambodiadaily.com

Recovering supply lifts car sales

Thanks to a more stable and undisturbed supply chain, sales of new cars in Cambodia have risen dramatically over the first six months of this year compared with the same period in 2012. But the purchases pale in comparison to the country’s thriving second-hand market. Kong ...

http://www.phnompenhpost.com/2013070466651/Business/recovering-supply-lifts-car-sales.html

Malaysian motos to enter market

Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...

http://www.phnompenhpost.com/business/malaysian-motos-enter-market

Last Three Kratie Province ‘Secessionists’ Released from Prison

It was not the hero’s welcome that greeted Mam Sonando when more than a thousand boisterous supporters cheered his release from Prey Sar prison Friday and lifted the popular radio station owner onto their shoulders for an impromptu parade. But for the three unheralded farmers caught ...

http://www.cambodiadaily.com

Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say

Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...

http://www.voacambodia.com/content/cambodia-lacks-research-enough-to-tackle-its-problems-analysts-say/1638656.html

Rain Provides Small Respite for Families in Koh Kong Drought

Several days of rain have finally brought relief to hundreds of families in Koh Kong province’s Khemara Phoumint City who had been without water for two weeks because the reservoir that provides their supply dried up during hot season. LYP Group, a company owned by ...

http://www.cambodiadaily.com

Thais to urge transport push

Thailand will propose to Cambodia that they jointly develop border areas and transport links between the two countries, Deputy Prime Minister and Foreign Minister Surapong Tovichakchaikul said yesterday. Thailand will also develop roads, railways and border checkpoints, he said. Proposed road projects include improving roads Nos.5, ...

http://www.bangkokpost.com/news/local/352101/thais-to-urge-transport-push

British Minister kicks off SE Asia tour in Cambodia

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ

Telecom CEOs Say Debts to Mfone Are Far Less

Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...

http://www.cambodiadaily.com/business/telecom-ceos-say-debts-to-mfone-are-far-less-34630/

NEC Says Don’t Believe Reports, Wait for Election Results

By 8 p.m. on the day of the July 28 election, Information Minister Khieu Kanharith was declaring victory for Prime Minister Hun Sen’s CPP with 68 seats to the opposition’s 55. In the days that followed, preliminary results released by the National Election Committee (NEC) arrived ...

Kuch Naren and Lauren Crothers
http://www.cambodiadaily.com/elections/nec-says-dont-believe-reports-wait-for-election-results-38702/

Massive Power Outage Triggered by Falling Tree

A massive power outage that left large areas of Phnom Penh without electricity and water and plunged southern Vietnam into darkness on Wednesday was caused by a crane operator knocking a tree onto a high voltage power line, Vietnam’s state-owned energy provider said yesterday. “A ...

http://www.cambodiadaily.com/news/massive-power-outage-triggered-by-falling-tree-26557/

Hun Sen Mocks Opposition Request for Donors to Freeze Aid

Prime Minister Hun Sen on Saturday rebuked the opposition for urging foreign donors to refrain from signing any new agreements with the government until after the election and boasted of a new $26 million handed over last week by the European Union (E.U.) E.U. Ambassador ...

http://www.cambodiadaily.com/news/hun-sen-mocks-opposition-request-for-donors-to-freeze-aid-31547/

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