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Pilot flight launches at Koh Kong’s new airport

Dara Sakor International Airport in Koh Kong province is operating a pilot flight to ensure full equipment functionality and staff capability before it applies for government licensing to officially operate. ...

Hom Phanet
https://www.phnompenhpost.com/business/pilot-flight-launches-koh-kongs-new-airport

Chinese firm intends to list on CSX in 2016

Hong Kong-based developer Eastland Development (HK) Ltd has expressed interest in listing on Cambodia’s stock exchange within a year.Sam Yang, the company’s chief executive, said during a recent company promotional event that Eastland is working with a local underwriter to prepare to float shares on ...

Sor Chandara
http://www.phnompenhpost.com/business/chinese-firm-intends-list-csx-2016

Naga profits hit jackpot again

NagaCorp’s winning streak shows no signs of letting up, with the Hong Kong-listed casino operator posting another impressive half-year result, reporting profits up more than 20 percent year-on-year during the first six months of 2017 on a surge in VIP rollings and visits to its ...

Cam McGrath
http://www.phnompenhpost.com/business/naga-profits-hit-jackpot-again

Siem Reap airport remains open for flights amid COVID-19 crisis

Siem Reap International Airport on Sunday served an Airbus-330 flying from Basel –Switzerland for a rest-stop and the aircraft headed to Hong Kong later on the same day. ...

Khmer Times Staff
https://www.khmertimeskh.com/50913397/siem-reap-airport-remains-open-for-flights-amid-covid-19-crisis/

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 ...

Hun Sen Warns of Labor Shortage, Praises Japanese Investment

Cambodia is facing a grave labor shortage due to the large number of workers seeking jobs in Thailand, Prime Minister Hun Sen said yesterday, urging employers to help reduce illegal migration by improving working conditions at home. Mr. Hun Sen also applauded growing Japanese investment in ...

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

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

VIPs roll into capital’s casino

Nagacorp Ltd, the Hong Kong-listed operator of Cambodia’s NagaWorld casino and hotel complex, posted $3.73 billion in VIP rolling chip volume during the first quarter of 2017, a 34 percent year-on-year increase, while mass market buy-ins and electronic gaming machine (EGM) growth remained steady, the ...

Kali Kotoski
http://www.phnompenhpost.com/business/vips-roll-capitals-casino

Cambodia exporters target to double fragrant organic rice exports in 2015

Currentlt, CEDAC exports fragrant organic rice to the U.S. and Hong Kong. But is exploring export opportunities to Arab countries as well. According to the CEDAC’s organic rice Export Officer, though the price of organic rice is higher, prices are much stable in the international ...

Oryza News Staff
http://oryza.com/cambodian-rice-exporters-target-double-fragrant-organic-rice-exports-2015

New SEZ aims for logistics hub

A new special economic zone aiming to make Cambodia into a regional logistics hub held an official groundbreaking ceremony yesterday, at its future home on the muddy outskirts of Phnom Penh in Kandal’s Takhmao district. The $100 million Kerry Worldbridge SEZ project is a partnership between ...

Ananth Baliga
http://www.phnompenhpost.com/business/new-sez-aims-logistics-hub

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

Siem Reap resort in works by China firm

Shanghai-based Join.In Hospitality Management (JHM) has revealed plans to expand its Tonino Lamborghini Hotel & Resort – a luxury hotel chain – by opening a hotel in Siem Reap, its first outside China. In a press release, JHM announced earlier this week that it has ...

Hor Kimsay
https://www.phnompenhpost.com/business/siem-reap-resort-works-china-firm

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