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Government sticks to plan on power price cuts ahead of election

Officials appeared to walk back a promise to issue larger-than-average electricity price reductions ahead of July’s elections, instead following a previously announced plan to make small reductions in costs. Ty Norin, chairman of the Electricity Authority of Cambodia (EAC), released a statement earlier this month announcing ...

Hor Kimsay
http://www.phnompenhpost.com/business/government-sticks-plan-power-price-cuts-ahead-election

Preah Sihanouk province poised to generate power from recycled waste

Chinese-owned Li Yu Heng Cambodia Construction expressed its plan to invest in using recycled waste to generate power for consumption in Preah Sihanouk province. The plan was hatched due to the rising demand for electricity as business and investment activities are growing in the province. ...

May Kunmakara
https://www.phnompenhpost.com/business/preah-sihanouk-province-poised-generate-power-recycled-waste

Companies aim to be socially minded

Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CSR Asia, the leading provider of information, training, research and consultancy services on ...

http://www.phnompenhpost.com/index.php/2012092558888/Business/cambodian-companies-aim-for-corporate-social-responsibility.html

Lawmakers Reject Petition

Lawmakers from Cambodia’s ruling party on Monday refused to accept a petition from hundreds of people who held a rally calling for the government’s help in resolving land disputes, drawing criticism from activists who questioned the effectiveness of the country’s parliament. The appeal, which contained more ...

http://www.rfa.org/english/news/cambodia/petition-12172012164439.html

Anti-competitive behaviour limits Cambodia’s domestic airline industry

Anti-competitive behaviour in Cambodia’s domestic airline industry is limiting its growth, with the relevant authorities “reluctant” to open the domestic market up to competition, an aviation report found. Monopolising this market currently is the country’s flagship carrier, Cambodia Angkor Air, according to a Centre for Aviation ...

http://www.phnompenhpost.com/2013012160883/Business/anti-competitive-behaviour-limits-cambodia-s-domestic-airline-industry.html

SEZ Shooting Victims Called for Questioning

The Svay Rieng Provincial Court has issued summonses to question three women who were allegedly shot by a government official during a protest at a special economic zone (SEZ) in February, a court official and the plaintiffs said yesterday. About 20 eyewitnesses have already been questioned ...

China to join ASEAN sea talks

China may not be in ASEAN, but it’s looking more and more like an honorary member – at least where the South China Sea is concerned. ASEAN foreign ministers yesterday took a significant step towards involving the burgeoning superpower in South China Sea discussions, adopting key ...

http://www.phnompenhpost.com/index.php/2012071057326/National-news/china-joins-sea-talks.html

Axiata's Cambodian unit expands through M&A

Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil). In a statement, Axiata announced that its Cambodian arm had entered into a sales ...

http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business

Australian Investor Jailed After Business Dispute

An Australian businessman who once fronted a telecommunications firm in Cambodia has been sent to Prey Sar prison on fraud charges in a case one of his associates said was triggered by a disgruntled partner in a failed business venture. Frank May, 63, the former chief ...

http://www.cambodiadaily.com/news/australian-investor-jailed-after-business-dispute-7759/

Seed selection crucial, experts tell growers

Agricultural experts are urging Cambodian rice growers to choose seeds that can withstand drought and submersion in deep water in an attempt to make the country’s rice industry more competitive. Awareness of rice-seed selection was limited among farmers in the Kingdom, despite the importance of the ...

http://www.phnompenhpost.com/index.php/2012050255903/Business/seed-selection-crucial-experts-tell-growers.html

Firms relocating for cheaper labour costs

Industrialists have raised concerns that the higher minimum wage is a key factor driving many labour-intensive manufacturers to relocate to less developed neighbouring countries. At a seminar on investment strategy in Cambodia, Laos, Myanmar and Vietnam held yesterday by the Board of Investment of Thailand (BOI) ...

http://www.nationmultimedia.com/business/Firms-relocating-for-cheaper-labour-costs-30183724-showAds1.html

Regional, Local Activists Plan Forums to Coincide With Summits

Activist groups are planning to hold two separate forums this week in Phnom Penh to call attention to human rights issues and other problems in Asean countries as a meeting of regional and world leaders begin in the city. The assembly will meet ahead of ...

http://www.cambodiadaily.com

6.7% growth forecast for Cambodia

Cambodia is projected to have the second fastest-growing economy in Southeast Asia over the next two years, the World Bank said in a regional economic update last week. Gross domestic product is forecast to expand 6.7 per cent next year and 7 percent in 2014. That ...

http://www.nationmultimedia.com/aec/6-7%C2%A0rowth-forecast-for-Cambodia-30196729.html

Government Asks for Asian Development Bank's Help on Railway

The government yesterday asked the Asian Development Bank (ADB) to continue to help Cambodia’s troubled railway rehabilitation project, which is in desperate need of more funding in order to complete the network’s northern line. Foreign Affairs Minister Hor Namhong met with the ADB’s recently appointed country ...

http://www.cambodiadaily.com

Government Denies Reports on Mining Corruption and Hun Sen

The Cambodian government on Thursday dismissed media reports in Australia linking Prime Minister Hun Sen to a mining company under investigation there for corruption. Earlier this week, The Age newspaper reported on Australian documents that described officials from BHP Billiton seeking a special meeting with Hun ...

http://www.voacambodia.com/content/government-denies-reports-on-mining-corruption-and-hun-sen/1630623.html

Illegal rosewood seized at border

Police have cracked down on illegal large-scale rosewood smuggling at the Cambodia-Thai border in the district of Malai. In the sting operation Tuesday night, led by Banteay Meanchey prosecutor, Phan Pirom, the authorities have seized around three tons of rosewood, hidden in the truck bed used ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2M4YzlhNzA2NmY

Ratanakkiri Dispute Case Drags on

A village chief and an ethnic minority Tompuon villager were the latest people brought before the Ratanakkiri court for questioning after a private company accused villagers of destroying its property. Kvas Cheav, 57, village chief of Par Or in Keh Chung commune, told the Post that ...

http://www.phnompenhpost.com/2013060666099/National/ratanakkri-dispute-case-drags-on.html

Beware risk with ASEAN investment

Members of the Association of Southeast Asian Nations (ASEAN) have become magnets for Chinese investment amid the global economic slump. Among the most recent deals, Hunan Province-based Xinyuan Mining Co Ltd bought a license to exploit a 28 million square meter gold mine in Cambodia, and ...

http://www.globaltimes.cn/content/791893.shtml#.UcueODuj2xA

Funcinpec enters fray

Members of a party unable to garner a single seat in the National Assembly at July’s national election will hold undersecretaries of state positions in at least 28 different government ministries. In an interview yesterday, Council of Ministers spokesman Phay Siphan told the post that the ...

Meas Sokchea, P.3
http://www.phnompenhpost.com

Botum Park dug up to extend city sewer

In the latest instalment of a project designed to revamp Phnom Penh’s drainage system, officials have begun work expanding a sediment chamber near the Royal Palace to Wat Botum. Phase three of the ongoing $350 million drainage system project spearheaded by the Japanese International Cooperation Agency ...

Phak Seangly
http://www.phnompenhpost.com/national/botum-park-dug-extend-city-sewer

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