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Oil refinery to be built

Construction on a US$2 billion oil refining plant, the Kingdom’s first, will start in April, according to officials close to the project. The plant, which will be built on 365 hectares across Kampot and Sihanoukville provinces and is expected to be completed in 2014, is a ...

http://www.phnompenhpost.com/index.php/2011120553135/Business/oil-refinery-to-be-built.html

Open an account at a securities firm and get ready to trade

CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...

http://www.phnompenhpost.com/index.php/Special-Reports/open-an-account-at-a-securities-firm-and-get-ready-to-trade.html

Hundreds Order Video of Hun Sen's Land Speech

Hundreds of people have ordered video compact discs (VCDs) of Thursday’s speech on land rights given by Prime Minister Hun Sen after an official at CTN offered on-air yesterday to send a copy to anyone who requested it Orders of the speech have been pouring in ...

Sar Kheng Says ‘Change’ Needs to Go Beyond New Names

Officiating a ceremony on Friday to welcome the country’s new minister of post and telecommunications, Interior Minister Sar Kheng reminded the audience of government officials that the public expects change—as was demonstrated in their election support for the Cambodia National Rescue Party (CNRP). Mr. Kheng, who ...

Khy Sovuthy
http://www.cambodiadaily.com/news/sar-kheng-says-change-needs-to-go-beyond-new-names-43848/

Moc Bai Border Gate Economic Zone

Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...

Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/92035/moc-bai-border-gate-economic-zone.html

India urges more trade action

The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade. Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting ...

Eddie Morton
http://www.phnompenhpost.com/business/india-urges-more-trade-action

Siem Reap’s Secret Multimillion Dollar Land Swap

Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ...

Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/

A raft of complications

Riun Pau ran out of food last week. For the 13-year-old and her family, that moment was the culmination of weeks of distress caused by flooding that had already ravaged their Battambang home and farmland. Pau’s neighbours are experiencing similar problems. In Battambang, 67.3 per cent ...

Khouth Sophak Chakrya and Amelia Woodside
http://www.phnompenhpost.com/national/raft-complications

How ‘public’ is affordable housing?

In the market for lower to middle income housing, the line between ‘public’ and ‘affordable’ has been blurred.Post Property AnalysisLocal property developer, WorldBridge Land, Co. Ltd., and Singapore-based construction company, Strait Construction Group Pte, Ltd, last week announced a $100 million Memorandum of Understanding on ...

Post Staff
http://www.phnompenhpost.com/national/how-public-affordable-housing

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 ...

http://www.cambizreview.com/

Bets keep flowing as NagaWorld Employee Protest Continues

Gambling went on as usual at NagaWorld, Phnom Penh’s only licensed hotel-casino, Monday, despite an ongoing strike by employees who claim that more than 400 of them have been fired following weeks of protest. About 300 workers sat outside the casino with banners on Monday in ...

Hul Reaksmey and Simon Lewis
http://www.cambodiadaily.com/news/bets-keep-flowing-as-nagaworld-employee-protest-continues-31881/

Task of Obtaining Passport Is Adding To Illegal Migration Problem

Thousands of Cambodians cross the border via illegal checkpoints into Thailand every year. Some end up working in slave-like conditions on illegal fishing trawlers. Others work in factories while getting paid under the table. It is often a last resort fraught with danger and uncertainty and ...

http://www.cambodiadaily.com/news/task-of-obtaining-passport-is-adding-to-illegal-migration-problem-30629/

Flights planned from Beijing to Siem Reap, Phnom Penh

Chinese flag carrier Air China is expected to launch the first non-stop flights from Beijing to Cambodia as early as November this year, officials said yesterday. Director of the Air Transport Department of Cambodia’s State Secretariat of Civil Aviation, Vann Chanty, said that officials from ...

http://www.phnompenhpost.com/2013062766508/Business/flights-planned-from-beijing-to-siem-reap-phnom-penh.html

Real Wages in Garment Sector Fell Over 10 Years

Wages for Cambodian garment workers decreased by more than 20 percent in real terms between 2001 and 2011 despite the industry’s exponential increase in exports, which in 2012 were valued at more than $4 billion, according to a recent report by a U.S.-based workers advocacy ...

http://www.cambodiadaily.com/news/wages-in-garment-sector-fell-22-over-10-years-34788/

Ethnic Minorities File Illegal Logging Complaint

A group of 12 ethnic minority villagers in Ratanakkiri province have filed a complaint with the provincial court over what they claim is collusion between other villagers and local authorities to illegally log luxury timber from 193 hectares of land inside a community forest. The Prov ...

Aun Pheap
http://www.cambodiadaily.com/news/ethnic-minorities-file-illegal-logging-complaint-42145/

New Association to Take on Illegal DVD Sales

The Motion Picture As­sociation of Cambodia (MPAC), an independent body that aims to protect intellectual property, officially opened its doors Wednesday, vowing to put an end to the sale of pirated DVDs in Phnom Penh as its first order of business. “We are goingto serve everybody ...

Ben Woods
http://www.cambodiadaily.com/news/new-association-to-take-on-illegal-dvd-sales-48122/

ADB sees strong growth for developing Asia in 2015 and 2016

Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual economic publication, Asian Development Outlook 2015 (ADO), released today, forecasts developing ...

The Cambodia Herald​ News Staff
http://bit.ly/1DWutVM

Building Boom Causes Asian Sand Smugglers to Expand

Singapore’s decades-long effort to reclaim land from the ocean has expanded the nation’s coastline and fueled its building boom. But it has also depleted its supply of sand.  In recent years, the massive sand shortage has been worsened by export bans by neighboring countries, driving ...

http://www.voanews.com/khmer-english/news/Building-Boom-Causes-Asian-Sand-Smugglers-to-Expand-130129248.html

Four More Named in Fertilizer Embezzlement Scandal

An official from Battambang province’s department of agriculture who was charged last Monday with embezzling $200,000 from the illegal sale of fertilizer donated to the poor by Japan has implicated four other officials in the case, including the son of senior CPP lawmaker Cheam Yeap, ...

Eang Mengleng
http://www.cambodiadaily.com/news/four-more-named-in-fertilizer-embezzlement-scandal-41913/

Cambodia to feel an energy crunch, but growth to remain stable: report

Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/cambodia-feel-energy-crunch-growth-remain-stable-report

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