Royal Group linked to new $2.2bn firm
A fertiliser company that has been approved to do billions of dollars’ worth of business in Cambodia, and is presumed to be based in the United Kingdom, is in fact affiliated with domestic conglomerate Royal Group, an insider has confirmed. Nitrogen Chemicals and Fertiliser (Cambodia) Ltd ...
Cambodian oil imports decrease by 2.2 per cent
Cambodia imported 1.31 billion tonnes of oil in the first 10 months of this year, a 2.2 per cent slide compared to 1.34 billion tonnes in the same period last year, according to data from the Ministry of Commerce. Industry experts said the drop did not ...
Chan Muy Hong
http://www.phnompenhpost.com/business/cambodian-oil-imports-decrease-22-cent
Cambodia launches 1st B2B2C e-commerce platform
Cambodia on Thursday launched the country’s first business-to-business-to-customer (B2B2C) e-commerce platform, aiming to help small and medium-sized enterprises (SMEs) sell their products to potential clients, said Commerce Minister Pan Sorasak. ...
Khmer Times Staff
https://www.khmertimeskh.com/501050763/cambodia-launches-1st-b2b2c-e-commerce-platform/
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/
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 ...
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/
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
PM to continue pushing for adherence to ASEAN 5PC
Prime Minister Hun Sen has informed Myanmar leader General Min Aung Hlaing that as chair of ASEAN, he will continue to push the ruling State Administration Council (SAC) to adopt the ASEAN five-point consensus (5PC). ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/pm-continue-pushing-adherence-asean-5pc
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
Progress on 5PC may let SAC attend summit: PM
Prime Minister Hun Sen is scheduled to continue discussions with Myanmar leader General Min Aung Hlaing on January 26, with the former stating in advance that Myanmar would only be invited to send political representation to this year’s ASEAN summit if it has made progress ...
Nov Sivutha
https://www.phnompenhpost.com/national-politics/progress-5pc-may-let-sac-attend-summit-pm
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/