Government Expects 14.5 Percent Rise in State Revenue
The government plans to raise $3.51 billion in state revenue in 2014 in order to finance a $3.4 billion draft budget, an increase of about 14.5 percent compared to the previous year, when the government raised $2.98 billion in revenue, according to a draft of ...
Hul Reaksmey
http://www.cambodiadaily.com/news/government-expects-14-5-percent-rise-in-state-revenue-46807/
Vietnamese Prime Minister Arrives for Three-Day State Visit
Vietnamese Prime Minister Nguyen Tan Dung arrived for an official three-day visit Sunday, during which he is scheduled to meet with Prime Minister Hun Sen as well as inaugurate a new Vietnamese-funded hospital and attend a groundbreaking ceremony for a bridge linking the two countries. Tran ...
Hul Reaksmey
http://www.cambodiadaily.com/news/vietnamese-prime-minister-arrives-for-three-day-state-visit-50453/
Wat Lanka Monks in Dispute With State Electricity Provider
About 200 monks from Phnom Penh’s Wat Lanka on Thursday called off a protest against the planned construction of an electricity distribution substation on the pagoda’s land by state electricity provider Electricite du Cambodge (EdC), pending negotiations with the company. Having assembled to make banners for ...
Eang Mengleng
http://www.cambodiadaily.com/news/wat-lanka-monks-in-dispute-with-state-electricity-provider-49974/
Court charges four Pailin villagers for violating state property
Pailin Provincial Court on Wednesday charged four villagers with infringing on public property because they cultivated 684 hectares of land that the court says belongs to the state, but which villagers claim to have farmed legally since 1999, a rights worker said. The villagers were arrested ...
Apsara order: Locals on ‘state land’ told to move
Some Siem Reap families are balking at the Apsara Authority’s order for them to leave their homes – which were allegedly constructed illegally – and move to a government-provided settlement by Friday. ...
Sen David and Sean Teehan
http://www.phnompenhpost.com/national/apsara-order-locals-state-land-told-move
State secrets law won’t stifle press, official says
A state secrets law being drafted by the Interior Ministry will not be used to target reporting on sensitive issues such as corruption, a senior military police official said yesterday. The National Police announced that the law was being drafted late last month following a ...
Vong Sokheng and Kevin Ponniah
http://www.phnompenhpost.com/national/state-secrets-law-wont-stifle-press-official-says
PTT offers $960 mln to buy out Sakari to increase coal assets
Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...
http://www.reuters.com/article/2012/08/27/sakari-ptt-idUSL3E8JR02420120827
Sugar Firm Offers Defense After Call for Probe of EU Trade Links
The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of families said Wednesday that most locals were happy with the new jobs the plantation has generated, a week after a visiting European Union parliamentarian renewed calls for an investigation of ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-firm-offers-defense-after-call-for-probe-of-eu-trade-links-51545/
Chainsaws stayed busy in past year
The extent of the devastation of Cambodia’s forests was brought into sharp relief as 2013 drew to a close, with a series of detailed maps and satellite data released by NGOs showing the drastic depletion of the Kingdom’s woodland ecosystems. Images released by Open Development Cambodia ...
Daniel Pye
http://www.phnompenhpost.com/national/chainsaws-stayed-busy-past-year
Tycoon lands surprise
Mong Reththy, former advisor to Prime Minister Hun Sen has said that investors should use local residents on their land concessions rather than evicting them and hiring outsiders. According to a US diplomatic cable released by WikiLeaks Mr. Reththy is “Hun Sen’s Money Man” and ...
http://www.phnompenhpost.com/index.php/2011072850694/National-news/tycoon-lands-surprise.html
Exports Increase 45.9% in First Six Months
Cambodian exports increased 45.9 percent to $2.15 billion in the first six months of the year compared to the same period in 2010, according to figures released by the Ministry of Commerce yesterday. Of the total value of exports, 80 percent, or $1.74 billion, were ...
National Carrier to Start Siem Reap-S’ville Flights
Cambodia Angkor Air will launch a regular flight service between Siem Reap and Sihanoukville by the end of the year, an official at the Council of Ministers said yesterday. There are currently no flights to Sihanoukville, the country’s premier coastal resort, even though the airport ...
Thai rail link back on track
Representatives from Cambodia and Thailand yesterday agreed to a 2013 completion date for a railway link from Phnom Penh across the Cambodia-Thailand border crossing at Poipet. Outdated agreements had delayed the project, Thai officials said. Insiders have also said disagreements over cross-border trade have kept the ...
http://www.phnompenhpost.com/index.php/2011121353318/Business/thai-rail-link-back-on-track.html
Chevron talks oil production
Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President Steve Glick, who has been in his present role in Phnom Penh for about ...
http://www.phnompenhpost.com/index.php/2011080450868/Business/chevron-talks-oil-production.html
Mass Eviction Looms Ahead Of East Asia Summit
Hundreds of families living near Phnom Penh International Airport are facing imminent eviction from heir homes as security preparations begin for world leaders who will attend next month’s Asean and East Asia summits. A total of 387 families living on 6.3 hectares of land to the ...
German airline Condor launches direct flight to Cambodia
The German airline Condor Air launched its first direct flight from Frankfurt to Cambodia’s Siem Reap province famous for its world heritage site on Saturday morning. Landing at the Siem Reap International Airport, the aircraft was cordially greeted by Cambodian government officials including Mao Havannall, secretary ...
http://www.nzweek.com/business/german-airline-condor-launches-direct-flight-to-cambodia-20833/
Construction of Lower Sesan Dam in Stung Treng to Start in 2014
Construction of the Lower Sesan 2 Dam in Stung Treng province will begin in 2014 and the government will spend next year relocating some 5,000 people from villages that are located in the dam’s future reservoir area. Located near the confluence of the Sesan and Srepok ...
Thai-Cambodia buses open a new era with new land connections on public transport
BANGKOK- First bus services between the two Kingdoms of Cambodia and Thailand had their debut on December 29, said the Transport Co., a Thai state enterprise under the Transport Ministry. The service includes the Bangkok-Siem Reap route, a 424-kilometre trip that takes about seven hours. ...
http://www.traveldailynews.asia/news/article/51288/thai-cambodia-buses-open-a-new
Opportunities for Cambodian growth
China’s transition from export-led to domestic-led growth, combined with the rising costs of production, could provide opportunities for Cambodian growth and diversity, analysts say. Faisal Ahmed, the IMF representative for Cambodia, said the Kingdom was already experiencing an increase in trade activity as a result of ...
http://www.phnompenhpost.com/2013012560983/Business/opportunities-for-cambodian-growth.html
France set to grant Kingdom $47.7m for infrastructure
The French Development Agency yesterday agreed to grant Cambodia a total of $47.7 million, $8.7 million of which is a loan. The sum is to support the Kingdom’s irrigation infrastructure investment, to improve the country’s access to drinkable water and to fund the fight against emerging ...