National Petroleum Authority to Change Hands
The Cambodian National Petroleum Authority (CNPA), formerly overseen by the Council of Ministers, will be integrated into the Ministry of Mines and Energy, according to senior CPP officials, the latest cut to the vast portfolio of government bodies controlled by Deputy Prime Minister Sok An. Since ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/national-petroleum-authority-to-change-hands-46796/
Cambodia’s date with US biz
US companies will re-establish their commitment to Cambodia and the region today at the US-ASEAN Business Forum in Siem Reap, a high-profile meeting involving several heads of state and some of the biggest companies in the world. US Secretary of state Hillary Clinton will lead the ...
http://www.phnompenhpost.com/index.php/2012071357388/Business/cambodias-date-with-us-biz.html
China and Mekong states sign 5-year plan for cooperation, but details remain undisclosed
The leaders of Cambodia, Vietnam, Myanmar, Thailand and Laos, along with Chinese Premier Li Keqiang, announced the adoption of a five-year plan for cooperation on matters relating to the Mekong River, though experts and observers yesterday questioned who would benefit from China’s increasing involvement in ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/china-and-mekong-states-sign-5-year-plan-cooperation-details-remain-undisclosed
Made here, owned there
At the end of a well-paved road just past the city’s airport sits a cluster of factories. Each one is barely discernible from the next – grey concrete walls and blue aluminium roofs. But one factory in the lot, MAG (Cambodia), is different. In a country ...
Daniel de Carteret
http://www.phnompenhpost.com/business/made-here-owned-there
Cambodia organizes large-scale trade fair to boost import-export activities
The 7th Cambodia Import-Export Promotion Exhibition kicked off here on Saturday, aiming at promoting local trade and trade between the country and its foreign trading partners. The four-day event, held at the capital’s Diamond Island Exhibition Center, brought together products from 21 countries around the world, ...
http://news.xinhuanet.com/english/business/2012-12/15/c_132042699.htm
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
Homes Razed to Stop ‘Secession,’ Officials Say
The homes of nearly 200 families living in Pursat province’s Veal Veng district were demolished yesterday and Monday after officials accused the residents of being involved in a secessionist plot, local officials and villagers said. District governor Chhe Chhiv said that authorities had demolished 191 homes ...
Cambodia Organizes Real Estate Exhibition
A 3-day Cambodia-Real Estate Exhibition 2013 kicked off [in Phnom Penh] on Monday as the country’s construction sector is rapidly growing in the last couple of years. The event, held at the Diamond Island Exhibition Center, brought together 68 exhibitors who are real estate developers, real ...
http://news.xinhuanet.com/english/business/2013-04/08/c_132292162.htm
Telecom Cambodia postpones plan to list on local bourse
State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...
http://www.telecompaper.com/news/telecom-cambodia-postpones-plan-to-list-on-local-bourse--931448
Giant Development in Cambodia Hinges on Chinese Buyers
There is an island in Cambodia that, unlike others in Southeast Asia, is not the object of an ownership dispute. But it is equally clear whom its current owners would like to land there: Chinese property buyers. If all goes according to plan, Koh Pich — ...
Chris Horton
http://www.nytimes.com/2014/05/07/realestate/commercial/giant-development-in-cambodia-hinges-on-chinese-buyers.html?_r=1
ASEAN cannot act on behalf of claimant states in South China Sea dispute: Cambodian PM
Cambodian Prime Minister Hun Sen said Wednesday that the Association of Southeast Asian Nations (ASEAN) cannot act on behalf of the countries concerned in the South China Sea dispute and urged all parties involved to continue negotiations. ...
The Cambodia Herald News Staff
http://bit.ly/1D1D9XU
Finance minister’s wife gets state land in Keo Seima for ecotourism
Protected areas in Kirirom National Park and the Keo Seima Wildlife Sanctuary are being privatized for companies run by family members of notorious tycoon Choeung Sopheap as well as the wife of the country’s finance minister. ...
Seoung Nimol
https://vodenglish.news/finance-ministers-wife-gets-state-land-in-keo-seima-for-ecotourism/
US army shuts down website cited in HRW report
Four days after Human Rights Watch (HRW) published a report criticizing Washington for supporting Cambodia’s “abusive armed forces,” a Facebook page containing photos cited in the report has been removed from the Internet. According to the U.S. Embassy in Phnom Penh, the Facebook page titled “Angkor ...
Matt Blomberg
http://www.cambodiadaily.com/news/us-army-shuts-down-website-cited-in-hrw-report-59509/
More NGOs Scrutinised
International NGO Bridges Across Borders and umbrella group NGO Forum met yesterday morning with officials at the Ministry of Foreign Affairs who accused both of making “false” and “unfair” claims to the Asian Development Bank about the death of two children relocated by a railway ...
http://www.phnompenhpost.com/index.php/2011081951151/National-news/more-ngos-scrutinised.html
Aviation Chief Urges Compensation for Victims of PMT Crash
Fielding questions from opposition lawmakers in the National Assembly yesterday, the chief of the State Secretary of Civil Aviation (SSCA) addressed a host of issues that have drawn recent criticism of the government body. SSCA Secretary of State Mao Havanall began by saying that the secretariat ...
US-Asean Meeting Addresses Economic, Security Cooperation
At the U.S.-Asean meeting at the Peace Palace in Phnom Penh yesterday, the U.S. and the 10 Asean member nations agreed to further their cooperation in all areas, including security to ensure peace in the region. ...
CSX to increase trade times
THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities ...
http://www.phnompenhpost.com/2013022861659/Business/csx-to-increase-trade-times.html
Cambodia's Public Debt
According to the [inter]national Monetary Fund (IMF), at the end of 2011, the stock of Cambodia’s external public debt, including arrears, stood at around US 3.8 billion or 30 percent of GDP (24 percent in NPV terms). China remains the largest bilateral creditor, contributing to ...
Angkor Air forecasts first loss
AFTER finishing in the black every year since its launch in 2009, Cambodia’s flagship airline is forecasting a loss for the first time, in a situation that an industry analyst has described as “not necessarily typical”. Cambodia Angkor Air’s (CAA) loss is projected to span two ...
http://www.phnompenhpost.com/2013030661776/Business/angkor-air-forecasts-first-loss.html
Millers need greater access to credit: Govt
The Ministry of Commerce and bank officials announced yesterday that they will hold a meeting next month aimed at better facilitating rice millers’ access to credit. The move is part of the Asian Development Bank’s Climate Resilient Rice Commercialization Sector Development program to address food security ...
http://www.phnompenhpost.com/2013031161863/Business/millers-need-greater-access-to-credit-govt.html