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Cambodia’s parliament OKs dam compensation plan

Cambodia’s energy minister allayed concerns in parliament over inadequate compensation offered to villagers who face relocation for a proposed China-backed dam on a Mekong River tributary, saying the government has allocated to villagers more than four times the area taken over for the project. Minister of ...

Joshua Lipes
http://www.rfa.org/english/news/cambodia/dam-06192014195419.html

Aeon eyes major Asean expansion

Aeon Thana Sinsap (Thailand) plans aggressive business expansion both here and in neighbouring countries. The leading Japanese non-bank company is using Thailand as a centre to expand its businesses in other Asean countries. Aeon Thana Sinsap plans to offer more financial services in Cambodia, Vietnam, Laos and ...

http://www.bangkokpost.com/business/economics/323617/aeon-eyes-major-asean-expansion

Britain’s Fraud Office Probes Biofuel Scheme

A biofuel company is currently under investigation for fraud in the U.K. after millions of dollars of investors’ money was spent on a jatropha plantation in Banteay Meanchey province that never produced even a single drop of biodiesel. The company, London-based Sustainable Agro Energy PLC, had ...

'Ransomed' workers returned to Cambodia

All but three of a group of 20 Cambodians who were held against their will on a fishing boat in Thailand had returned after agreeing to pay a fee for “transportation”, a police official said yesterday. The men, believing they were heading to jobs in Koh ...

http://www.phnompenhpost.com/index.php/2012081658026/National-news/ransomed-workers-return-to-cambodia.html

Concerns mount over dam

Sketchy details that fail to specify when construction of the Lower Sesan 2 hydro dam will begin, or name the Chinese company involved, have villagers fearing for their future, representatives and environmental groups say. Since the Council of Ministers announced on Friday it had signed off ...

http://www.phnompenhpost.com/index.php/2012110559575/National-news/concerns-mount-over-dam.html

Mourning villagers flee

Hundreds of people fled in fear yesterday from the village in Kratie province where a bloody security forces crackdown the previous morning left a 14-year-old girl dead. Joint police and military police forces locked down the area where a land dispute has raged this year, and ...

http://www.phnompenhpost.com/index.php/2012051856248/National-news/mourning-villagers-flee.html

Scale of Wildlife Sanctuary Destruction Denied

A rights worker and forestry official yesterday contradicted a local newspaper report claiming that more than $100 million worth of timber had been illegally extracted from Ratanakirri province’s Lumphat Wildlife Sanctuary. Adhoc’s provincial coordinator for Ratanakirri, Chhay Thy, denied having said a total of 16,000 ...

http://www.cambodiadaily.com/news/scale-of-wildlife-sanctuary-destruction-denied-20366/

Hun Sen Says Water, Power Shortages to Stay

Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...

http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/

Sales of palm sugar not so sweet

Sales of Cambodia’s World Trade Organization-certified palm sugar from Kampong Speu province dipped to 12 tonnes at the end of the harvest season this year, about a 30 per cent decline from 2012. Two districts with palm trees in Kampong Speu province were granted geographical indication ...

http://www.phnompenhpost.com/business/sales-palm-sugar-not-so-sweet

Scooter connects to phone

Japan-base Terra Motors said it plans to sell its smartphone-compatible electric scooter in Cambodia by the end of this year. The lithium-battery-powered A4000i, introduced last week in Tokyo, can be connected to an iPhone, delivering live data while driving. “We will start to sell this scooter ...

http://www.phnompenhpost.com/business/scooter-connects-phone

Malaysian motos to enter market

Naza Bikes Sdn Bhd, a subsidiary of Malaysia-based Naza Group of Companies, will enter Cambodia’s crowded motorbike sector, according to the local brand manager. “[Business] will probably be launched on the first of next month,” Hay Chamreoun, the manager, said yesterday, adding that construction for the ...

http://www.phnompenhpost.com/business/malaysian-motos-enter-market

Workers begin Clearing Land for Lower Sesan 2

Workers in Stung Treng province have begun clearing forested land with chainsaws in order to make way for the reservoir of a massive hydropower dam that has drawn ire from local villagers who say they have not been informed about the dam’s construction plans. The National ...

http://www.cambodiadaily.com/news/workers-begin-clearing-land-for-lower-sesan-2-16743/

Porsche seeks niche among Cambodia’s newly-rich

The wizened cyclo driver, cigarette in mouth, muscles taut from pedalling up and down French-style boulevards, is one of Indochina’s enduring romantic images. But cyclos on the streets of Phnom Penh are now outnumbered by another means of transport: the luxury car. But with the urban ...

http://www.gulf-times.com/asean-philippines/188/details/355586/porsche-seeks-niche-among-cambodia%E2%80%99s-newly-rich

Cargo Traffic Grows at Sihanoukville Port

The total weight of goods transported through the Sihanoukville Autonomous Port in the first six months of the year was up 15 percent compared with the same period last year, according to figures released Thursday. Some 1.51 million tons of goods passed through the port in ...

http://www.cambodiadaily.com/business/cargo-traffic%E2%80%88grows-at-sihanoukville-port-34628/

Tata moves in on agriculture

India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector. Speaking at the launching ceremony at the Koh Pich exhibition centre, Jitendra Manghinani, country manager of Tata South East Asia (Cambodia), ...

Hor Kimsay
http://www.phnompenhpost.com/business/tata-moves-agriculture

Cambodia's only stock plummets, shares sold off

In another record-breaking low point, shares of the Phnom Penh Water Supply Authority dipped under 5,000 riel by market’s close yesterday, while one investor sold off some 25,000 shares. The price drop came amid heightened tensions in Phnom Penh. Opposition Cambodia National Rescue Party lawmakers followed ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-only-stock-plummets-shares-sold

Sar Kheng bans rally, gives police $54K in bonuses

Interior Minister Sar Kheng on Friday warned that a union-led public forum scheduled for Freedom Park on Saturday morning would not be allowed to proceed, adding that a fresh wave of union marches next week are also banned. The security minister’s comments came during a talk ...

Khuon Narim
http://www.cambodiadaily.com/news/sar-kheng-bans-rally-gives-police-54k%E2%80%88in-bonuses-53735/

Families ask Hun Sen for help to reclaim farms

Dozens of representatives from at least 100 recently evicted families accused of illegally occupying state land in Kratie province traveled to Phnom Penh on Monday morning to petition Prime Minister Hun Sen for his help getting their land back. The families say local authorities have been ...

Aun Pheap
http://www.cambodiadaily.com/news/families-ask-hun-sen-for-help-to-reclaim-farms-58137/

Russey Keo governor summonsed to court

The governor of Phnom Penh’s Russey Keo district has been summonsed to court for questioning on allegations that he and his wife cheated a former secretary of state at the Ministry of Rural Development out of $730,000 through a fraudulent sale of state land and ...

Buth Reaksmey Kongkea
http://www.phnompenhpost.com/national/russey-keo-governor-summonsed-court

Not all economic land concessions listed

The Ministry of Agriculture, Forestry and Fisheries’ latest list of economic land concessions reveals some peculiar discrepancies with known records of ELCs. Some that have recently been granted are missing, while others known to have been cancelled remain. The June 8 MAFF list makes no mention ...

http://www.phnompenhpost.com/index.php/2012070557236/National-news/not-all-elc-listed.html

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