Water resources
Marine and coastal areas
Boutique hotels on the rise
Local company VLK Royal Tourism Group has embarked on a joint venture with a Thai partner to build OC Hotel, a four-star boutique hotel in Sihanoukville. The venture was prompted by rising demand as well as increasing tourist numbers to the coastal area off the ...
http://www.phnompenhpost.com/index.php/2012111359696/Business/boutique-hotels-on-the-rise.html
Russian border guards seize vessel flying Cambodian flag off coast of Primorye
The coastal guard has seized a fishing vessel flying the flag of Cambodia off the cost of Primorye, the press service for the Border Guard Department of the Federal Security Service for the Primorye Territory has reported. The vessel Anteus (registered in Cambodia, owned by the ...
Offshore refueling on the horizon
Danish marine fuel company Go4 Bunker Denmark yesterday launched the first company in Cambodia to supply ship fuel to vessels traveling through Cambodia’s waters, according to officials. The launch ceremony for the newly established Go4 Bunker Cambodia Co Ltd yesterday was presided over by Danish Princess ...
Danish company to create new industry in Cambodia
The Danish company Go4 Bunker, which has developed their “Smart bunker system” in partnership with Shenfei Group Co and Maersk Broker K/s, wants to partner with Cambodian companies to develop not only the Cambodian Offshore Marine Fuel Oil Business, but also related business in connection ...
http://www.scandasia.com/viewNews.php?coun_code=kh&news_id=11271
Cambodian Resorts on the Increase
International tourist arrivals into Cambodia have soared in the past year, with arrivals into Siem Reap up 30 per cent in the first eight months of 2012 over the same period the previous year. The tourist industry was hit hard by the global economic crisis in ...
http://www.phnompenhpost.com/index.php/Real-Estate/cambodian-resorts-on-the-increase.html
Tropical storm threatens to extend floods
The Ministry of Water Resources and Meteorology yesterday warned that a tropical storm, which is forecast to hit the coast of Vietnam this weekend, will worsen flooding across much of Cambodia. ...
By Aun Pheap, P. 18
Cambodia hits oil revenue
Officials yesterday confirmed that the Cambodian government will receive a majority of the revenue share from Chevron’s offshore Block A oil permit area near Sihanoukville in the Gulf of Thailand. The government expects to issue the American oil giant a production permit licence by the ...
http://www.phnompenhpost.com/index.php/2012092858984/Business/cambodia-hits-oil-revenue.html
Firm Plans Impact Assessments off Preah Sihanouk
Mirach Energy Ltd., formerly known as China Petrotech Holding Ltd. (CPHL), announced on Tuesday that its Cambodian counterpart, CPHL (Cambodia), had contracted two companies to conduct environmental impact studies for offshore assets in Block D, off the coast of Preah Sihanouk province. Mirach Energy said in ...
Cambodia Aims for Offshore Production Next Year
The Cambodian government expects U.S. oil major Chevron Corp. CVX -0.53%to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday Chevron discovered commercial resources ...
http://online.wsj.com/article/SB10000872396390443507204578020023711640726.html
Government Hopes for Chevron Offshore Oil Deal This Year
The Cambodian government expects U.S. oil major Chevron Corp. CVX +0.77% to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday. Cambodia has vast untapped oil and gas resources ...
http://online.wsj.com/article/SB10000872396390443507204578020023711640726.html
Vietnamese Arrested With Illegal Wood Off Coast
Four Vietnamese nationals were arrested off the coast of Preah Sihanouk province Tuesday for allegedly smuggling illegally cut wood from the neighboring province of Koh Kong, officials said yesterday. Sak Sovann, crime unit chief for the Interior Ministry’s maritime border police department, said the four men ...
Chinese Credit Cache
Prime Minister Hun Sen has returned home from his trip to China a wealthier leader having secured upwards of US$2.5 billion in Chinese investment and loans over the next year alone, officials from the Ministry of Foreign Affairs said yesterday. The package includes a $2 billion ...
Vietnam needs more nuts
Cambodian cashew nut traders believe the market price for cashew nuts will increase, as demand from Vietnamese markets increases along with international demand. Vietnam’s domestic enterprise imported nearly 157,000 tonnes of raw cashew nuts in the first seven months of the year, mostly from Cambodia, ...
http://www.phnompenhpost.com/index.php/2012082458254/Business/vietnam-demands-more-cashew-nuts.html
Cambodia Wants More Information on Taiwan's Heroin Haul
Police yesterday said they were seeking more information about a massive haul of heroin-allegedly transited through Cambodia-that was seized from a boat off the coast of Taiwan this week. The Taiwanese Justice Ministry’s Investigation Bureau says it found 70 kg of heroin hidden in a fishing ...
Cambodia’s new tourism frontier
A year ago, getting to Sihanoukville required perseverance and a certain degree of bravery. There had been no flights to Cambodia’s premier beach resort for years — at least no scheduled services — and cruise ships docking here were few and far between Following years spent ...
http://www.bangkokpost.com/business/tourism/308486/cambodia-s-new-tourism-frontier
Islands up for grabs
More than 180,000 hectares on 28 of Cambodia’s 64 islands were reclassified as state private property for 31 companies seeking land concessions between 2008 and 2010, government sub-decrees reveal. The reclassification sub-decrees, compiled by investigators at the rights group Adhoc, pave the way for firms to ...
Cham Families On Riverbank Told to Leave
More than 100 Cham fishing families who moor their boat homes on the banks of Phnom Penh’s Chroy Changva peninsula have been ordered to relocate, with one official saying the fishing boats were spoiling the beauty of the riverbank and the area around the new hotel. “We already ...
Coral reef areas to gain protection in Cambodia
Cambodia’s first Marine Protection Area will be established around two emerging tourist destinations, Koh Rong and Koh Rong Samloem islands, a British conservation group has announced. NGO Coral Cay Conservation said last week that it has been invited to map out a 300-square-kilometre MPA by the ...
Cambodia Reaching New Heights
As much of the world struggles with post growth, Cambodia’s tourism and hospitality sector continued to expand and diversify, attracting more intraregional activity and especially from major emerging markets in Asia, MICE segments, as well as traditional leisure clientele. Like neighboring countries Thailand, Vietnam, Malaysia and Laos, Cambodia has quickly emerged into a well sought-after tourist ...
Cambodia to create its first Marine Protected Area
Cambodia will begin the creation of its first Marine Protected Area (MPA) this year, covering some 300 square kilometres of coral-rich seas around islands of Koh Rong and Koh Rong Samloem in the Gulf of Thailand. This follows a successful two-year scientific survey of the area ...
http://www.peopleandplanet.net/?lid=30370§ion=35&topic=23
Wenzhou business grows in Phnom Penh
The number of incoming business people from Wenzhou, a Chinese coastal city of three million known for manufacturing, has grown markedly in recent years. So much, in fact, that Wezhou opened an official chamber of commerce in Phnom Penh last week. Labour and land costs on China’s ...
http://www.phnompenhpost.com/index.php/2012070457175/Business/wenzhou-business-grows.html
Inspiring tech entrepreneurship
The arrival of Startup Weekend in Cambodia marked a new beginning for high-tech entrepreneurship as more than 80 people worked on all kinds of new business ideas all weekend at Yellow Tower across the Tonle Sap from The Riverside. Chief Marketing Officer Joey Pomerenke of Startup ...
http://www.phnompenhpost.com/index.php/2012062556987/Business/tech-entrepreneurship.html
Stevia Nutra Corporation Set to Launch Stevia Propagation Centre in Cambodia
Stevia Nutra Corporation — (The Company), an Agro-Management company focused on stevia agronomics is pleased to announce that it has successfully acquired 50 acres of prime agricultural land in Cambodia for its new innovative Stevia Propagation Centre (SPC). The property is located just outside the town ...
Cambodia wants Kuwait tourists
Tourism officials in the Kingdom have suggested that the Kuwaiti ambassador should push for direct flights between Cambodia and Kuwait, and invited Kuwaitis to invest in Cambodia’s soaring tourism sector. “We need more and more investment in the tourism sector,” said tourism minister Thong Khon. He ...
http://www.phnompenhpost.com/index.php/2012052956447/Business/cambodia-wants-kuwait-tourists.html