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Cambodia scores high marks for renewable energy

Cambodia’s share of modern biomass in total energy consumption is among the highest in the world, according to a report released Tuesday by the World Bank and the International Energy Agency. The report also found that growth in Cambodia’s dependence on renewable energy excluding traditional biomass ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MjRiYTU0NzYyNTR

Skyscraper’s woes continue

The saga of the stalled $240 million Gold Tower 42 was revived last week when it emerged that a supplier for the project had accused the owner and builder of failing to pay out nearly $500,000 in fees, according to an injunction request obtained by ...

http://www.phnompenhpost.com/2013061866319/Business/skyscraper-s-woes-continue.html

Court Hears Anti-Government Movement Case

The Court of Appeal on Tuesday began hearing the appeal of six men sentenced to between 15 and 17 years jail in 2011 for forming an armed anti-government force called the Sovanna Phum, or Golden Village, in 2006. The men‚ Chea Sarann, 51; Liv Soksovann, 51; ...

Khy Sovuthy
http://www.cambodiadaily.com/news/court-hears-anti-government-movement-case-44155/

GL to buy Cambodian firm

SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. GL’s chief executive Mitsuji Konoshita said negotiations are nearly finalised and the acquisition will be made through ...

Bangkok Post News Staff
http://www.bangkokpost.com/news/asia/378183/gl-to-buy-cambodian-firm

Cambodia's 2012 unemployment rate stands at 2.7 pct: survey

Unemployment rate in Cambodia stood at 2.7 percent in equivalent to 202,300 persons aged 15 or older in 2012, according to the first-ever Cambodia Labor Force Survey Report released on Thursday. Conducted by the National Institute of Statistics and the International Labor Organization (ILO), the survey ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131128/cambodias-2012-unemployment-rate-stands-at-27-pct-survey

CNRP Requests Migrant Worker Draft Agreement

The opposition CNRP has written to the embassies of Singapore and Malaysia requesting copies of draft agreements with the Cambodian government on sending migrant workers to the countries that they say they were not privy to. A Ministry of Labor official last month said the government ...

Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/cnrp-requests-migrant-worker-draft-agreement-48622/

Provinces to get protest sites

Minister of Interior Sar Kheng yesterday called on authorities in each province and municipality to ease demonstrations in the capital by creating a site for non-violent protests ahead of a planned opposition rally on Saturday. In a two-page letter sent to provincial officials, Kheng – who ...

http://www.phnompenhpost.com/national/provinces-get-protest-sites

Businessmen Charged Over Mining Deal Fraud

The Phnom Penh Municipal Court has charged the Cambodian chairman of a local conglomerate and a Chinese business associate with fraud and using forged public documents, officials said Wednesday. Al Romny, 41, and Chinese national Chin Mongxin, 45, were arrested Saturday after an un­known complainant said ...

Eang Mengleng and Simon Lewis
http://www.cambodiadaily.com/news/businessmen-charged-over-mining-deal-fraud-41261/

Flooding Kills 7, Spreads to Kandal Province

Flooding across the country has now killed seven people, including four children, since water reached emergency levels in some areas on Friday, the National Disaster Management Committee (NDMC) said Monday. Flooding is affecting a total of seven provinces and authorities have already evacuated hundreds of families ...

Ben Sokhean and Denise Hruby
http://www.cambodiadaily.com/news/flooding-kills-7-spreads-to-kandal-province-43053/

EU to ban fish imports from Belize, Guinea and Cambodia

Fish imports from Belize, Guinea and Cambodia are to be banned from the European Union, and three more countries have been warned their imports are in danger, in the first major sanction against countries that allow illegal fishing operations to carry on under their countries’ ...

Fiona Harvey
http://www.theguardian.com/environment/2013/nov/26/eu-ban-fish-import-belize-guinea-cambodia-illegal-fishing

ACU Arrests Customs Officer, Two EdC Staff

The Anti-Corruption Unit (ACU) arrested a senior customs official in Preah Sihanouk province and two Electricte du Cambodge (EdC) officials in Mondolkiri province in separate corruption cases this week, ACU and court officials said Friday. Mondolkiri Provincial Court prosecutor Khut Sopheang said two staff members of ...

Kuch Naren
http://www.cambodiadaily.com/news/acu-arrests-customs-officer-two-edc-staff-48225/

Government Creates New CPP-Majority Province

A government request to create a new province in the eastern half of Kompong Cham, where the ruling CPP won its only districts in the province in July’s national election, was approved by King Norodom Sihamoni last month, according to a copy of the Royal ...

Phorn Bopha and Alex Willemyns
http://www.cambodiadaily.com/news/government-creates-new-cpp-majority-province-50391/

Poverty gains ‘precarious’

Cambodia’s poverty rate fell dramatically between 2004 and 2011 – from more than 50 per cent to roughly 20 – but those gains are so precarious that a slight economic shock could send millions plunging back below the poverty line, according to a World Bank ...

Stuart White
http://www.phnompenhpost.com/national/poverty-gains-%E2%80%98precarious%E2%80%99

Bag snatchings jump: EU

After being presented with statistics showing a more than 100 per cent rise in petty crime against foreigners, Minister of Interior Sar Kheng yesterday called on police officials to look into what’s causing the problem. Nicolas Baudouin, a spokesman for the French Embassy, confirmed that a ...

Vong Sokheng and Joe Freeman
http://www.phnompenhpost.com/national/bag-snatchings-jump-eu

Two’s company at CSX

It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...

Eddie Morton
http://www.phnompenhpost.com/business/two%E2%80%99s-company-csx

Hun Sen unveils new roadmap for foreign trade policy

Prime Minister Hun Sen presided over a ceremony at his Peace Palace in Phnom Penh on Tuesday to unveil a new report that assesses the government’s foreign trade policies over the past seven years and lays out a policy roadmap for the next five. The report, ...

Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-unveils-new-roadmap-for-foreign-trade-policy-52600/

SBC to Rebrand Following Taiwan Acquisition

Locally owned Singapore Banking Corp. (SBC) will rebrand itself Thursday as Cathay United Bank (Cambodia) Corp. Ltd., or CUBC, as part of a deal that finalizes the acquisition of SBC by Taiwanese financial corporation Cathay United Bank, according to a copy of a speech that ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/sbc-to-rebrand-following-taiwan-acquisition-50684/

Ministry Seeks to Quash Measles, Rubella Vaccination Rumors

The Ministry of Health has moved to calm public fears over the safety of the measles and rubella (MR) vaccine, which was administered to 4.5 million Cambodian children in the last three months of 2013, as rumors circulate that it poses sinister health risks, according ...

Simon Henderson and Phorn Bopha
http://www.cambodiadaily.com/news/ministry-seeks-to-quash-measles-rubella-vaccination-rumors-51213/

Long-overdue Consolidation of the Kingdom’s Mobile Telecoms Market May Have Operators Feeling Hopeful, but Challenges Remain

After years of immersion in a vicious price war, battle weary and capital-haemorrhaging [sic] mobile operators in Cambodia’s oversaturated telecommunications sector may finally have reason to breathe a sigh of relief; 2013 might be cited as the year the tide turned. Tarred by legal threats, ...

http://sea-globe.com/united-we-stand/

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