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Myanmar Airways Suspends Flights to Cambodia

Myanmar Airways has temporarily suspended direct flights from Rangoon to Siem Reap and Phnom Penh due to low passenger numbers, an official at the State Secretariat of Civil Aviation (SSCA) said yesterday. “We don’t know how long they will suspend operations, but when they get ...

Tiger Airway's 1st Flight Lands in Phnom Penh

Tiger Airways inaugural flight from Singapore to Cambodia touched down at Phnom Penh International Airport yesterday morning, making the low-cost carrier the 21st airline to offer daily flights to the capital. Mao Havanall, secretary of state at the State Secretariat of Civil Aviation, said yesterday ...

Vietnam listed in top five investors in Cambodia

The figures were released at a recent conference reviewing three years of Vietnamese trade and investment promotion in Cambodia, held by the Association of Vietnamese Investors in Cambodia (AVIC) in Phnom Penh. In 2010, Vietnam had only 41 investment projects totaling US$566 million in Cambodia. AVIC has ...

http://talkvietnam.com/2012/12/vietnam-listed-in-top-five-investors-in-cambodia/#.UNvPbqzfmW4

Hong Kong seeking trade ties

During a visit to Phnom Penh this week, Greg So, Hong Kong’s Secretary for Commerce and Economic Development, reiterated Hong Kong’s desire to be inducted into the ASEAN-China Free Trade Agreement and highlighted Cambodia as a potential beneficiary for foreign direct investment from Hong Kong. In So’s view, economic ...

http://www.phnompenhpost.com/index.php/2012103159498/Business/hong-kong-seeks-trade-ties.html

US, Cambodia Agree to Explore Investment Pact

U.S. Trade Representative Ron Kirk announced Friday that the U.S. and Cambodia have agreed to explore the creation of a bilateral investment treaty that would regulate the rules of foreign direct investment between the two countries, the U.S. Embassy said in a statement. According to the Embassy, such a treaty ...

World Bank Says Credit Growth Still a Risk

The World Bank has warned that the rapid growth of lending by Cambodia’s Banks is still a concern, despite a recent slow-down in credit disbursals. “Credit growth, which has been driven largely by wholesale and retail financing, and starting in 2011 agriculture financing, has eased to ...

http://www.cambodiadaily.com/business/world-bank-says-credit-growth-still-a-risk-20690/

Vietnamese equity fund to open in Cambodia

Dragon Capital, a Vietnam-based private equity firm, has announced that it is planning to launch a fund in Cambodia next year, the second such fund to be announced by a Vietnamese company this year. The firm’s CEO, Dominic Scriven, said that the initial fund would close ...

Malaysian firms urged to venture into Cambodia's agri sector

Malaysian companies have been urged to venture into Cambodia’s agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, ...

http://www.nst.com.my/latest/malaysian-firms-urged-to-venture-into-cambodia-s-agri-sector-1.334244

Scepticism over social land grants

Nearly a million hectares of land has been granted to ordinary Cambodian citizens through social land concessions (SLC) since May 2012, the government has claimed, though civil society groups have cast doubt on that high figure and questioned how many landless or evicted poor have ...

May Titthara
http://www.phnompenhpost.com/national/scepticism-over-social-land-grants

Cambodia, China Ink Seven Agreements

Cambodia and China, on June 13th, inked an agreement to strengthen their ties and showed they have become comprehensive strategic partners as ties between the two countries boosts bilateral trade to reach a level of 5 billion US dollars by 2017. Eang Sophallet, an assistant to Samdech Prime Minister Hun Sen, told media that ...

http://thesoutheastasiaweekly.com/

Direct Jakarta flights mooted

Direct flights between Phnom Penh and Indonesia’s capital Jakarta may soon be a reality, if a current feasibility study by the country’s national airline, Garuda Indonesia, suggests it is viable. While a memorandum of understanding (MoU) between the two countries concerning Direct flights has already been ...

May Kunmakara
http://www.khmertimeskh.com/news/28843/direct-jakarta-flights-mooted/

Direct Japan fights start

Landing at 3:10pm yesterday, the All Nippon Airways (ANA) Boeing 787-8 marked the first direct flight between Tokyo and Phnom Penh in seven years. The daily service will make for a much shorter – and hassle free – journey, and boost business and tourism, officials said ...

Sum Manet
http://www.khmertimeskh.com/news/29258/direct-japan-flights-start/

Threat follows Interior directive

A Ministry of Interior directive requiring provincial approval for work done on commune halls prompted a thinly veiled threat from a ministry spokesman yesterday that a popular opposition commune chief could be arrested if she didn’t comply. ...

Ben Sokhean
http://www.phnompenhpost.com/national/threat-follows-interior-directive

$70 from India for power

India is financing the construction of a US$70 million transmission line to bring electricity from hydroelectric projects in Laos to Cambodia, according to Indian Chamber of Commerce President Debasish Pattnaik. Speaking yesterday after the official launch of the Indian Chamber of Commerce in Cambodia (ICC), Pattnaik ...

http://www.phnompenhpost.com/index.php/2012090358436/Business/70m-from-india-for-power.html

Direct international flights from Sihanoukville

The national carrier, Cambodia Angkor Air, officially launched on Friday its scheduled flight services connecting Ho Chi Minh City in Vietnam to the Kingdom’s coastal resort in Sihanoukville, in a move that could further boost tourist arrivals. ...

May Kunmakara
http://www.khmertimeskh.com/news/26274/direct-international-flights-from-sihanoukville/

More direct China flights pushed

Cambodia has asked China to begin direct flights from southwestern Guizhou province to promote trade and tourism. ...

May Kunmakara
http://www.khmertimeskh.com/news/24263/more-direct-china-flights-pushed/

Direct flight boosts Japanese tourists

The first direct flight between Japan and Cambodia, which launched last year, has bumped up the number of Japanese tourists visiting the kingdom, helping the government edge closer to its goal of attracting 300,000 tourists from the East Asian nation by 2020, according to the ...

Chea Vannak
http://www.khmertimeskh.com/5090326/direct-flight-boosts-japanese-tourists/

Opposition councilors bemoan ministry directive

A number of provincial and district councilors aligned with the opposition have not been paid in the past two months following a Ministry of Interior directive in March calling for their salaries to be halted and positions revoked, according to the secretary-general of the Sam ...

Hul Reaksmey
http://www.cambodiadaily.com/news/opposition-councilors-bemoan-ministry-directive-58131/

Direct flights to Japan coming

Asia Atlantic Airlines, a Thai airline owned in part by Japanese tourism firm HIS Co, will launch scheduled flights between Cambodia and Japan this September, according a statement published by the airline on June 26. As of September 2, Asia Atlantic will run three weekly flights ...

Annie Lee
http://www.phnompenhpost.com/business/direct-flights-japan-coming

Direct China cargo on course

Two Chinese shipping giants will soon sign agreements with Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, according to a senior port official. ...

May Kunmakara
http://www.phnompenhpost.com/business/direct-china-cargo-course

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