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Nation's largest hydropower dam to open

Prime Minister Hun Sen will officially open the Chinese-made Kamchay dam in Kampot province today, the largest hydropower dam to date to operate in Cambodia and capable of supplying an extra 193.2 megawatts of energy. Environmental and human rights groups yesterday criticized the dam’s builder and ...

WHO Urges Higher Taxes On Tobacco

The World Health Organization (WHO) yesterday urged Cambodia to increase taxes on cigarettes and other tobacco products-currently the lowest in the world-in order to raise revenue and deter smokers. Ayda Yurekli, coordinator of the WHO’s tobacco control economics unit, said during a workshop in Phnom Penh ...

Government Says New Jet Was Leased From Chinese Airline

The Council of Ministers has revealed that its new Airbus A320, meant for shuttling Prime Minister Hun Sen and a select few others around the world, is being leased from China Southern Airlines but refrained from disclosing how much the deal was worth. Last month, CPP ...

http://www.cambodiadaily.com/news/government-says-new-jet-was-leased-from-chinese-airline-12328/

Bobruisk Plant of Tractor Parts and Units starts shipping machines to Cambodia

The Bobruisk-based mechanical engineering company Bobruisk Plant of Tractor Parts and Units has shipped a batch of proprietary compact tractors Belarus 321 to Cambodia for the first time, representatives of the company’s sales department told BelTA. In line with the contract, which was signed in early ...

http://news.belta.by/en/news/econom?id=708244

Transparency NGOs Call for CPP to End Parking Corruption

A group of NGOs released a statement Thursday calling on the CPP government of Prime Minister Hun Sen to begin its program of promised post-election reforms by ending the practice of overcharging for motorcycle parking outside of local markets. The Affiliated Network for Social Accountability-Cambodia, a ...

Ben Sokhean and Alex Willemyns
http://www.cambodiadaily.com/news/transparency-ngos-call-for-cpp-to-end-parking-corruption-48213/

Where squalor’s the norm

Abuse, discrimination, exploitation and corruption are endemic in Cambodia’s prisons, spurred on by judicial and penal systems “driven by nepotism”, according to a new report from local rights group Licadho. The report, Rights at a Price: Life Inside Cambodia’s Prisons, which was released yesterday, details a ...

Alice Cuddy and May Titthara
http://www.phnompenhpost.com/national/where-squalors-norm

Three firms join food market drive for red zones

Aeon Mall, Makro and Virak Buntham Express on April 26 said they will work with the Ministry of Commerce to provide essential food items for sale in designated red zones in a bid to maintain prices and stabilise the supply of goods in the market ...

Thou Vireak
https://www.phnompenhpost.com/business/three-firms-join-food-market-drive-red-zones

Preah Sihanouk tyre plant lifts hopes for rubber

A massive, freshly-launched tyre factory, backed by a $300 million investment from Chinese-owned General Tires Technology (Cambodia) Co Ltd, could be the breakthrough that the local rubber and automotive sectors have been waiting for, and potentially act as a type of price stabiliser for domestic ...

May Kunmakara
https://www.phnompenhpost.com/business/preah-sihanouk-tyre-plant-lifts-hopes-rubber

Passports to be valid longer

Passports issued to Cambodians will soon be valid for 10 years instead of three, officials at the Ministry of Interior said yesterday. General Mao Chandara, head of the ministry’s General Directorate of Identification, said that by July, the department will begin to issue long-awaited 10-year passports. ...

Cheang Sokha
http://www.phnompenhpost.com/national/passports-be-valid-longer

OZ takes Renaissance scrip for cash

OZ Minerals has emerged with 16 per cent of Cambodia-focused Renaissance Minerals after agreeing to push back a deal that could have forced the gold explorer to stump up a $10 million payment on its Okvau deposit in the South-East Asian nation. Renaissance’s purchase of the ...

The West Australian News Staff
http://au.news.yahoo.com/thewest/business/a/-/wa/18874668/oz-takes-renaissance-scrip-for-cash/

Minister says wage agreement must be reached next month

Negotiations held on Friday between garment factory owners, union leaders and government officials failed to set a new industry minimum wage for next year, but a final decision will be reached by October 10, according to Labor Minister Ith Sam Heng. The tripartite Labor Advisory Council ...

Sek Odom and Holly Robertson
http://www.cambodiadaily.com/news/minister-says-wage-agreement-must-be-reached-next-month-68532/

New services, branches in Cambodia woo bank customers

Maybank, one of the largest banks in Cambodia, has officially launched an internet banking service to provide a convenient service to its more than 10,000 customers and says it hopes to increase that number by around 10 per cent. The service, called M2U, will enable customers ...

http://www.phnompenhpost.com/Business/new-services-branches-woo-bank-customers.html

Drought Damages Rice Seedlings Across Nation

Despite heavy rains in parts of the country, a month-long drought has destroyed over 10,000 hectares of rice seedlings in other areas, agriculture officials said yesterday. Battambang province was the hardest hit, with 4,640 hectares of seedlings destroyed by the drought and another 10,000 hectares affected. In ...

Kantha Bopha fundraiser nets $100K on first day

The “10,000 Riel 10,000 Donors” campaign to fund the quintet of Kantha Bopha’s Children’s Hospital raised around $100,000 in its first day, on June 1, according to the organiser. ...

Ry Sochan
https://www.phnompenhpost.com/national/kantha-bopha-fundraiser-nets-100k-first-day

Resurgent mobile deals could hurt margins, analysts say

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say

PAL to complete investment in Cambodia Air in July

PAL Holdings Inc., operator of flag carrier Philippine Airlines Inc., said Monday it expects to complete a $10-million investment in Cambodia Air by July 15 this year. PAL teamed up with Royal Group of Cambodia in April to establish its first international airline venture known as ...

http://manilastandardtoday.com/2013/05/28/pal-to-complete-investment-in-cambodia-air-in-july/

Airport audits end with positive hopes

Three officials from the United Nations’ International Civil Aviation Organization (ICAO) finished 10-day security audits at two of Cambodia’s three international airports late last week leaving officials hopeful of a positive outcome. ICAO’s security audit team wrapped up its work at Phnom Penh International Airport and ...

Chea Vannak
http://www.khmertimeskh.com/news/31471/airport-audits-end-with-positive-hopes/

Wing Star workers walk out

Provincial Ministry of Labour officials will today meet with union representatives and management at the factory where a ceiling collapse killed two workers last May, in an attempt to resolve a strike. About 5,000 employees at Wing Star Shoes, an Asics supplier, walked off the job ...

Mom Kunthear
http://www.phnompenhpost.com/national/wing-star-workers-walk-out

Pig production priority

Thailand’s reported move to ban exports of live pigs highlights the need to develop a larger Cambodian pig industry,  insiders say. The Bangkok Post reported yesterday that Thailand’s Acting Commerce Minister Porntiva Nakasai had banned the exports in order to bring down its own prices, ...

http://www.phnompenhpost.com/index.php/2011070150113/Business/pig-production-priority.html

Certification Quandry Stunts Sugar Exports

In April 2010, Kampot Pepper and Kompong Speu palm sugar both gained a geographical indication (GI) from the Ministry of Commerce that recognized their unique qualities and protected their name. But while Kampot pepper producers export almost all of their 17-ton annual production at high ...

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