Cambodia approves Lower Sesan 2 hydroelectric dam
Cambodia’s government has approved a controversial hydroelectric dam on a tributary of the Mekong River. The joint venture involves Cambodian, Chinese and Vietnamese investment of $781m (£488m) and is due to be completed within five years. The project in northern Stung Treng province is known as Lower ...
Energy Minister Defends Lower Sesan 2 Project
Energy Minister Suy Sem yesterday defended a draft law on the financing of a massive dam project in Stung Treng province which is slated for debate at the National Assembly on Friday. Environmental groups have called debate of the law premature, as no consultation with local ...
Forest Cleared for Stung Treng Dam Construction
Logging has officially begun in Stung Treng province in preparation for the construction of a massive hydropower dam, but local authorities and villagers said Wednesday that the clearing of forest is going unchecked outside the official dam concession area. The Lower Sesan 2 dam was approved ...
Kuch Naren and Dene-Hern Chen
http://www.cambodiadaily.com/news/forest-cleared-for-stung-treng-dam-construction-41693/
Premier Defends Sesan Dam, Says Critics Are Scaremongering
Prime Minister Hun Sen defended the government’s plan for Strung Treng province’s 400-megawatt Lower Sesan 2 dam project in a letter to an SRP lawmaker, and accused opposition parties, NGOs and the media of exaggerating the negative impacts of hydropower dams. In the six-page letter ...
CPP Promises Oversight on Royal Group's Dam
The government has promised to monitor the progress of local conglomerate Royal Group in its implementation of a $781 million dam project in Stung Treng province, that has been guaranteed by the government, CPP lawmaker Cheam Yeap said yesterday. Mr. Yeap said yesterday that the ...
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/
Environmentalists Say Dam Project Could Be Disastrous
While fears have been raised over the imminent construction of the Don Sahong dam in Laos, environmentalists on Monday said Cambodia should not forget that it has a project of its own that would be equally as disastrous to the livelihoods of hundreds of thousands ...
Denise Hruby and Kuch Naren
http://www.cambodiadaily.com/news/environmentalists-say-dam-project-could-be-disastrous-44573/
Renaissance Minerals to raise $2.2m for Cambodian gold quest
Renaissance Minerals (ASX: RNS) will increase its cash position to further develop its Cambodian Gold Projects, after receiving firm commitments for the placement of 44 million shares at $0.05 to raise $2.2 million. Renaissance will now be funded to advance its wholly-owned Cambodian Gold Project, where ...
NEC recruiting 2,400
The National Election Committee (NEC) has announced it will recruit 2,400 computer-trained staff to oversee electronic voter registration, due to be launched early next year across more than 1,600 communes. ...
Vong Sokheng
http://www.phnompenhpost.com/national/nec-recruiting-2400
Cambodia's trade with U.S. down 2 pct in first 2 months
The bilateral trade volume between Cambodia and the United States was worth about 499 million U.S. dollars in the first two months of this year, down 2 percent compared with 510 million U.S. dollars at the same period last year, the statistics of the U.S. ...
http://news.xinhuanet.com/english/business/2013-04/16/c_132313606.htm
Canada to provide $2.2 mln for climate change projects in Cambodia
The Canadian government has announced that they will provide $2.2 million through the Canadian International Development Agency (CIDA) to Cambodia to help fund climate change adaptation projects within the country. ...
Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=OTU1NDBkNmRkZjQ
Sesan Dam Approval Angers Villagers, Human Rights Groups
The government approved the Lower Sesan 2 dam project in Stung Treng province without any prior consultation with the most affected communities in Sesan district, where at least 5,000 people stand to be displaced, rights groups and villagers said yesterday. A study published earlier this ...
http://www.cambodiadaily.com/news/sesan-dam-approval-angers-villagers-rights-groups-5231/
Forest activists say lives threatened
Two anti-logging activists who went into hiding yesterday have alleged that they received death threats from police because they set fire to logs cut from a protected area in Kratie province. The activists have been leading an increasingly confrontational campaign against Vietnamese firm Binh Phuoc Kratie ...
http://www.phnompenhpost.com/2013040964966/National/forest-activists-say-lives-threatened.html
Cambodia's bourse to get 2nd listed firm after over 2-year operation
Cambodia’s fledgling stock market is set to receive the second listed company next Monday after operating with a single listed firm for more than two years, officials said Tuesday. Hong Sok Hour, Chief Executive Officer of the Cambodian Securities Exchange (CSX), said the bourse had approved ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=223532
Telecom CEOs Say Debts to Mfone Are Far Less
Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...
http://www.cambodiadaily.com/business/telecom-ceos-say-debts-to-mfone-are-far-less-34630/
Villagers Ask Chinese Embassy to Intervene Against Dam Investors
Communities threatened by the planned construction of three hydropower dams in Stung Treng and Ratanakkiri provinces will today submit to the Chinese Embassy a petition demanding that the embassy intervene against Chinese companies investing in the dams. The petition, to be presented in Chinese, Khmer and ...
Kuch Naren
http://www.cambodiadaily.com/news/villagers-ask-chinese-embassy-to-intervene-against-dam-investors-49144/
Halim in Cambodia RM2bil agriculture joint venture
PHNOM PENH: Malaysia expects to minimise its dependence on imports of animal feed and lessen the impact of the global food crisis by 2020 under the reciprocal investment policy, Agriculture and Agro-based Minister Datuk Seri Noh Omar said. One such initiative under the policy was the ...
http://biz.thestar.com.my/news/story.asp?file=/2011/10/17/business/9710198&sec=business
Vietnam trade passes $2bn
Trade between Cambodia and Vietnam surpassed a US$2 billion trade target for 2011 in just the first nine months of the year, according to the Vietnam Trade Office in Phnom Penh. Trade between the two countries hit the higher-than-projected $2.07 billion in September, up from about ...
http://www.phnompenhpost.com/index.php/2011102852398/Business/vietnam-trade-passes-2bn.html
NGO seizes 2,300 chainsaws
International wildlife and forest conservation organisation, Wildlife Alliance, said on Monday that 2,300 chainsaws were seized from illegal loggers in the Southern Cardamom Mountains in the last two years. The seizing of the chainsaws is a joint programme initiated by the Ministry of Environment and ...
Khorn Savi
https://www.phnompenhpost.com/national/ngo-seizes-2300-chainsaws
Casinos rake in $2 billion
Cambodia’s casino industry generates close to $2 billion in revenue a year and accounts for nearly 40 per cent of the Kingdom’s tourism revenue, a central bank official said yesterday.Chea Serey, director-general of the National Bank of Cambodia, told a workshop on statistics in international ...
Sor Chandara
http://www.phnompenhpost.com/business/casinos-rake-2-billion