North Asia Resources to turn cassava into fuel
Hong Kong-listed firm North Asia Resources Holding Ltd announced yesterday that it has purchased 14,000 hectares of an economic land concession in Pursat province from Henan Tianguan Enterprise Group for $53.2 million. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/north-asia-resources-turn-cassava-fuel
Delivery firms expand operations
Kerry Worldbridge Logistics Ltd, a joint venture between Hong Kong-listed Kerry Logistic Network Limited and Worldbridge International Group (WIG), last week acquired the majority share of Cambodia Express Group, a local door-to-door logistics firm. ...
Chan Muyhong
http://www.phnompenhpost.com/delivery-firms-expand-operations
Cassava processing factory to open
Hong Kong-based Green Leader Holdings Group Co Ltd, which announced its first cassava processing factory earlier this year, aims to commence operations by next year, according to Green Leader (Cambodia) Co Ltd CEO Gao Hua. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/cassava-processing-factory-open
Villagers again demand land resolution
Dozens of villagers representing 170 Prek Khsach community households in Koh Kong province’s Kiri Sakor district gathered at the Provincial Hall yesterday to petition authorities to speed up land dispute resolution involving two development companies. ...
Pech Sotheary
https://www.khmertimeskh.com/50541167/villagers-again-demand-land-resolution/
First VIP lounge opens at airport
A new VIP lounge was officially opened yesterday by Plaza Premium Group in the departure area of Phnom Penh International Airport, with the Hong Kong-based company saying it invested nearly $2 million in the lounge. ...
Sok Chan
http://www.khmertimeskh.com/news/19746/first-vip-lounge-opens-at-airport/
Nagaworld reaches tax deal
NagaWorld, a subsidiary of a Hong Kong-listed NagaCorp, reached a deal with the Ministry of Economy and Finance to pay a new tax rate on their non-gaming operations, said a ministry official. ...
May Kunmakara
http://www.khmertimeskh.com/news/29693/nagaworld-reaches-tax-deal/
Families not included in land dispute resolution
Representatives for 15 families involved in a long-standing land dispute in Koh Kong province complained that authorities failed to find a resolution for them, despite providing compensation for 170 other families in the same area. ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/families-not-included-land-dispute-resolution
ELC guards ‘Keep NGOs off property’
Security guards from a Chinese development firm in Koh Kong province have allegedly prevented civil society groups from gathering data they planned to use for a petition asking for compensation for evictees. ...
Chhay Channyda
http://www.phnompenhpost.com/national/elc-guards-%E2%80%98keep-ngos-property%E2%80%99
CPP commune chief arrested by ACU authorities
A CPP commune chief in Koh Kong province’s Sre Ambel district was arrested by the Anti-Corruption Unit (ACU) on Saturday, with an official saying Tuesday that he had demanded exorbitant fees to sign land-sale documents. ...
Aun Pheap
https://www.cambodiadaily.com/news/cpp-commune-chief-arrested-by-anti-corruption-authorities-86982/
Tycoon compensates 135 families at SEZ
A long-running land dispute between more than 130 families and the company managing the Koh Kong Special Economic Zone (SEZ) is nearing its end, with only seven families left to sign the compensation agreement, officials confirmed yesterday. ...
Chhay Channyda
http://www.phnompenhpost.com/national/tycoon-compensates-135-families-sez-0
Anti-dredging activists refuse to meet with gov
Activists yesterday continued their campaign to drive out sand dredging companies from Koh Kong province’s Botum Sakor district, refusing a meeting with local authorities and instead holding a 100-strong protest outside the district hall. ...
Sen David
http://www.phnompenhpost.com/national/anti-dredging-activists-refuse-meet-gov
Cambodia studies impacts of undersea fiber optic cables
The Kingdom is studying the environmental impacts from the construction of undersea fiber optic cables connecting Hong Kong to Preah Sihanouk province at a distance of over 300km. ...
Lay Samean
https://www.phnompenhpost.com/national/cambodia-studies-impacts-undersea-fiber-optic-cables
Cambodia, Thailand Will Likely Resume Talks on Offshore Oil and Gas
Cambodia’s and Thailand’s governments will likely resume negotiations on offshore drilling for oil and gas which will bring mutual benefits of the area of overlapping maritime claims after Cambodia gave the green light for issues before the visit of new Thai foreign minister Surapong Tovichakchaikul ...
Chinese Mining Firm Plans Siem Reap Extraction
A Chinese conglomerate headed by an adviser to Senate President Chea Sim plans to begin extracting gold and copper in Siem Reap province in two months, the firm’s chairman said yesterday. Khmer Holding, a group of companies that claims vast mineral interests in Cambodia, opened an ...
Cambodia’s Economic Challenge
Even as the skyline of Phnom Penh grows with the symbols of modern architecture, Cambodia’s economy still faces a host of challenges. On the surface, Cambodia’s economy is certainly improving. In September, the IMF raised its 2012 GDP growth forecast from 6.3 to 6.5 percent ...
http://thediplomat.com/2013/01/03/cambodias-failed-trickle-down-economy/
US Seeks Infrastructure Deals in Cambodia
Looking to compete with Chinese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said yesterday in Phnom Penh. The plans, which come as part of a strategic and economic embracing of Asia ...
http://www.cambodiadaily.com/business/us-seeks-infrastructure-deals-in-cambodia-7945/
PM urges action against unnamed firms
Prime Minister Hun Sen yesterday ordered officials to take action against unnamed companies he said were using the cover of night to illegally dredge sand from the Mekong River. Calling on Water Resources and Meteorology Minister Lim Kean Hor to lead the crackdown, Hun Sen also ...
http://www.phnompenhpost.com/2013012360929/National/pm-urges-action-against-unnamed-firms.html
Myanmar’s siren song
Unions and labour rights groups have spent recent months unashamedly drilling home a stark reminder: Cambodia’s minimum garment wage, at $61 per month, compares poorly with those in Thailand – where workers earn more than $200 a month – and Vietnam, which has a base ...
http://www.phnompenhpost.com/2013031861998/National/myanmar-s-siren-song.html
The scramble to Siem Reap
As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...
Cambodia should sign the convention on cluster munitions
There are very few weapons in the world that are as universally condemned as cluster munitions. ...