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New tourism-recovery loans slowing: SME Bank

A total of $53.46 million in loans have been disbursed to 346 tourism-linked businesses through state-owned Small and Medium Enterprise Bank of Cambodia Plc’s (SME Bank) $150 million Tourism Recovery Co-Financing Scheme (TRCS) as of April 30, since the loans began to be offered in ...

May Kunmakara
https://www.phnompenhpost.com/business/new-tourism-recovery-loans-slowing-sme-bank

Looming oil funds put Cambodia at crossroads

On Sunday, CPP lawmaker Cheam Yeap will attend a forum on the evolving oil and gas sector with about 400 university students. If all goes according to plan, Chevron Corporation will begin to extract oil from Cambodian waters in little over a year. Though the amount ...

Korea University Anam Hospital wins KOICA bid to upgrade the National Pediatric Hospital Cambodia

Korea University Medical Center (KUMC) said that Korea University Anam Hospital (KUAH) has successfully secured the project for enhancing the internal medicine department at the National Pediatric Hospital Cambodia project, sponsored by the Korea International Cooperation Agency (KOICA). ...

Khmer Times Staff
https://www.khmertimeskh.com/501390495/korea-university-anam-hospital-wins-koica-bid-to-upgrade-the-national-pediatric-hospital-cambodia/

Women urged to pursue postgraduate education

Prime Minister Hun Sen encouraged female students to pursue their education, regardless of whether they marry and have children, noting that the number of women pursuing postgraduate degrees and doctorates has decreased sharply compared to their male counterparts.​ ...

Mom Kunthear
https://www.phnompenhpost.com/national/women-urged-pursue-postgraduate-education

Indochine raises A$5.5m, sells 85% of Cambodia gold assets

ASX-listed Indochine Mining has completed the first part of a A$26.3-million capital raising, and has signed a deal with fellow-listed Capital Mining to dispose of an 85% shareholding in its wholly owned subsidiary, which owns gold assets in Cambodia. Earlier this month, the precious metals developer ...

Esmarie Swanepoel
http://www.miningweekly.com/article/indochine-raises-a55m-sells-85-of-cambodia-gold-assets-2013-10-08

B Kak Firm Seeks Bauxite in Mondolkiri

Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of ...

'Land Grabs' Mar Cambodia's Boom, Rattle Investors

Phnom Penh–Kong Song’s farmland was his family’s livelihood for three decades until the bulldozers moved in and tore down his home in rural Cambodia to make way for a multimillion dollar foreign-led business. His family was one of 253 forcibly evicted five years ago in southern ...

http://www.reuters.com/article/2011/09/01/cambodia-evictions-idUSL3E8JD2DV20110901

BHP bribery scandal not thoroughly investigated

Reports have today emerged criminal allegations that BHP Billiton employees bribed officials in Cambodia and China were not thoroughly investigated by the Australian Federal Police, with the matter instead being passed over to corporate regulator ASIC, which also ran no in-depth investigation. The documents released ...

http://www.miningaustralia.com.au/news/bhp-bribery-scandal-not-thoroughly-investigated

Largesse and threats ahead of election

Prime Minister Hun Sen warned thousands of villagers yesterday that his most popular initiatives, including his far-reaching land-titling scheme, will simply disappear if he is not re-elected in July’s national election – amid suggestions his campaigning has unofficially begun. In a marked shift from his apparent ...

http://www.phnompenhpost.com/2013032664688/National/largesse-and-threats-ahead-of-election.html

Hor Namhong Asks for More Cash for Rail Project

Foreign Affairs Minister Hor Namhong made another appeal to Australia for additional funds to complete a behind-schedule project to rehabilitate the country’s railway network, this time to newly appointed Australian Ambassador Alison Burrows, according to a ministry spokesman. While work on the Southern Line of the ...

http://www.cambodiadaily.com/news/hor-namhong-asks-for-more-cash-for-rail-project-30272/

Nike calls for probe on Cambodian police clash with garment workers

Nike expressed “deep concerns” over the May 27 incident at the Sabrina Cambodia Garment Manufacturing plant outside Phnom Penh, in a letters to Cambodia’s commerce and labour ministers released late Friday in the United States. Following the violence, eight workers and trade union members were ...

http://www.timeslive.co.za/lifestyle/2013/06/22/nike-calls-for-probe-on-cambodian-police-clash-with-garment-workers

Condom packers seek ‘unpaid’ bonuses

Forty-four Number One and OK condom packers, out of work since their contracts ended on Sunday, protested outside the office of health NGO Population Services Khmer (PSK) in Phnom Penh yesterday, demanding “unpaid” seniority bonuses. Representative So Nita said the workers, four of whom have physical ...

http://www.phnompenhpost.com/2013070266603/National/condom-packers-seek-unpaid-bonuses.html

REDD+ forest clearing unabated: community

Since last year, up to a half of nearly 8,000 hectares of community forest has been encroached upon and cleared in Oddar Meanchey province’s Banteay Ampil district by soldiers, community representatives said yesterday. Din Heng, chief of Ang Dong Bor community, said the army has cleared ...

http://www.phnompenhpost.com/national/redd-forest-clearing-unabated-community

Mondulkiri authorities set deadline for encroachers on state land

The Mondulkiri provincial administration has issued a deadline to those encroaching on state land on Dos Kramom Mountain in Sen Monorom city to demolish their constructions by December 13. ...

Sen David
https://www.khmertimeskh.com/50790522/mondulkiri-authorities-set-deadline-for-encroachers-on-state-land/

State land in protected area not for sale: official

A senior Ministry of Environment official urged commune and district administrations to stop signing certificates of transfer of rights, land use applications, or sale or purchase letters for state land within natural protected areas and biodiversity corridors under their jurisdiction. ...

Voun Dara
https://www.phnompenhpost.com/national/state-land-protected-area-not-sale-official

State revenues from gold production top $15M

Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...

May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m

State revenues from gold production top $15M

Cambodia has netted more than $15 million from gold production as of end-December, which has yielded over 5.3 tonnes of dore bars – a semi-finished product that is smelted at a mine, usually at about 90 per cent purity – since the first commercial gold ...

May Kunmakara
https://www.phnompenhpost.com/business/state-revenues-gold-production-top-15m

CSX Slated to Start Trading by the End of 2011

While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...

http://www.etmcambodia.com/

Wealthy Splurge on 'Lucky' License Plates, Phone Numbers

Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...

Kanharith reiterates no TV Station for broadcaster Sonando

Information Minister Khieu Kanharith on Wednesday revealed plans to split state-run TVK into three separate television stations but reiterated that no frequencies are available for independent radio broadcaster Mom Sonando. Mr. Sonando, who owns Beehive radio station, has over the past several years repeatedly requested a ...

Khuon Narim
http://www.cambodiadaily.com/news/kanharith-reiterates-no-tv-station-for-broadcaster-sonando-53279/

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