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Troubles for Tonlesap Air

About two months after Phnom Penh-based Tonlesap Airlines suspended its chartered flights, the local carrier’s future seems as cloudy as ever. Vann Chanty, the director of air transport with Cambodia’s State Secretariat of Civil Aviation, said yesterday that the airline had not resumed operations and that ...

http://www.phnompenhpost.com/2013061766300/Business/troubles-for-tonlesap-air.html

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

Logging mogul blasted

Logging tycoon Try Pheap has come under fire from two separate reports alleging that he is using his vast network of concessions and licences to decimate protected forests across Cambodia. One of the reports, an exhaustive four-month investigation by a local NGO, also looked at the ...

Phak Seangly and May Titthara
http://www.phnompenhpost.com/national/logging-mogul-blasted

Ministries to Help Farmers Hurt by Sugar Plantations

The government on Monday agreed to a comprehensive solution for rural families who have lost their land to well-connected agricultural plantations exporting sugar to the European Union (E.U.) duty free and will meet again early next month to discuss details. The decision was made at a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/ministries-to-help-farmers-hurt-by-sugar-plantations-51971/

European Lawmakers Press for Probe of Land Concessions

Lawmakers from the European Union (E.U) are again urging the block’s trade commissioner to investigate Cambodia’s Economic Land Concessions (ELCs) over a raft of alleged rights abuses and consider revoking the duty free access their owners currently enjoy to member states. Going mostly to industrial ...

http://www.cambodiadaily.com

Economic Plan for Mekong Region Gets Finalized

Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...

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

ILO Respond to Scathing Stanford Report on Factory Monitoring

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

http://www.cambodiadaily.com

Digging deep outside the law

Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said George Boden, a campaigner at watchdog group Global Witness. Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said ...

http://www.phnompenhpost.com/index.php/2011090251412/Business/digging-deep-outside-the-law.html

Cambodian, Chinese firms sign deal to build railway, seaport

A Cambodian company and a Chinese firm on Monday signed a Memorandum of Understanding (MoU) in order to build a railway and a seaport in Cambodia to serve iron and steel mining industry. The deal was inked between Zhang Chuan You, general manager of Cambodia Iron ...

http://news.xinhuanet.com/english/china/2012-12/31/c_132074231.htm

Companies in Talks to Build Helicopter Factory

A U.S.-Korean joint venture is in talks with the government to build a helicopter manufacturing plant and a training facility for helicopter pilots and mechanics, an aviation official and a company representative said this week. Richard Pak, a representative of South Korean firm Samik Bio Energy ...

http://www.cambodiadaily.com/business/companies-in-talks-to-build-helicopter-factory-5362/

Senator's 2nd Sugar Refinery to Start Up Monday

Two years after breaking ground, a sugar refinery situated on a pair of controversial plantation belonging to CPP Senator Ly Yong Phat and his wife will have its first test run on Monday, Prime Minister Hun Sen said yesterday. He said the refinery would be ...

http://www.cambodiadaily.com

PM Hun Sen ushers in new dam

Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...

http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html

Landless Cambodians see nothing sweet in EU sugar deal

An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry. Campaigners are taking their fight to European supermarkets, encouraging a boycott of Cambodian sugar, which ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1211528/1/.html

Firm Announces Rice Energy Plan in Cambodia

A U.S.-based energy company has announced that it is planning a biomass project using genetically modified rice in Cambodia, in a purportedly massive deal about which little information has been made public. In a statement posted online Thursday, Sino Bioenergy Corp. said it had signed a ...

http://www.cambodiadaily.com/business/firm-announces-rice-energy-plan-in-cambodia-19105/

Airline will offer more China trips

Cambodia Angkor Air plans to launch chartered flights between Siem Reap and the southeastern coastal Chinese city of Xiamen next month. The national flag carrier plans to take off for China for the first time on July 11, CAA Chairman Tek Reth Samrach said yesterday, the ...

Anne Renzenbrink
http://www.phnompenhpost.com/2013062566453/Business/airline-will-offer-more-china-trips.html

OSK Indochina Bank acquired by RHB Capital

One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...

http://www.phnompenhpost.com/index.php/2012071757452/Business/osk-indochina-bank-acquired-by-rhb-capital.html

More than 2,000 diplomas to be handed out by PM

Prime Minister Hun Sen is scheduled to preside over the handing out of diplomas to more than 2,000 students graduating from the Royal School of Administration. ...

Khmer Times Staff
https://www.khmertimeskh.com/501093197/more-than-2000-diplomas-to-be-handed-out-by-pm/

Minister decries fake high school docs for medical entrance exams

The Ministry of Education, Youth and Sport has condemned the use of fake high school certificates to sit for entrance exams for medical courses and called on the authorities to take legal action on those involved. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/minister-decries-fake-high-school-docs-medical-entrance-exams

Protesters rally at ministry over Koh Kong land fracas

A host of protesters rallied at the Ministry of Land Management, Urban Planning and Construction yesterday to demand that it intervene to resolve a land dispute involving a company and hundreds of families in Koh Kong province. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/protesters-rally-ministry-over-koh-kong-land-fracas

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