PTT offers $960 mln to buy out Sakari to increase coal assets

Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...

http://www.reuters.com/article/2012/08/27/sakari-ptt-idUSL3E8JR02420120827

Energy mix

At the turnoff of Sihanoukville outside Phnom Penhmetal shop owner Kuch Sareun watches the sparks fly as his emplyees join pieces of steel. This year, he installed a diesel-run generator at his business since the frequent electricity outages were hurting his bottom line. Electricity is ...

Shuttered but still collecting

T & P, the notorious labour recruitment firm that was closed down last year because of its appalling record of abuse scandals, is continuing to receive and pocket remittances from maids stranded in Malaysia, a coalition of rights groups told a press conference yesterday. At the ...

http://www.phnompenhpost.com/index.php/2012081557993/National-news/inactive-firm-still-pocketing-salary-from-cambodian-workers.html

Union Members Beaten During Factory Protest

Three union members were beaten by a gang of men during a protest outside a factory in Phnom Penh’s Dangkao district on Friday, the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) said. CCAWDU members Nei Buthoeurn, Chim Khheang and Chan Poeu, were beaten by a ...

China to back Kampot power plant

An unnamed Chinese investor will put nearly US$400 million into a 300-megawatt coal-powered plant in Kampot province, officials said yesterday. The plant, slated for a November groundbreaking, will provide power for the Kampot Special Economic Zone, the nearby Prey Nob oil refinery in Preah Sihanouk province ...

http://www.phnompenhpost.com/index.php/2012061956867/Business/china-to-back-kampot-plant.html

Koh Kong power to go to Thais

Cambodian tycoon Ly Yong Phat has signed a US$3 billion joint-venture agreement with Thai energy firm Ratchaburi Electricity Generating Plc on what would be the Kingdom’s largest power station. Just under 90 per cent of the power, however, would be sold to Thailand. The 1,800 megawatt ...

http://www.phnompenhpost.com/index.php/2012032955308/Business/koh-kong-power-to-go-to-thais.html

Blows at capital protest

A union representative is accused of beating a rival over the head with a walkie-talkie during a factory protest yesterday in the latest burst of violence in one of Cambodia’s special economic zones. Bou Sokray, 25, a representative for the Coalition of Apparel Workers’ Democratic Union ...

http://www.phnompenhpost.com/index.php/2012032255198/National-news/blows-at-capital-protest.html

More Than 250 Firms Hold Mining Licenses

Almost 200 mining companies currently hold government licenses to mine construction materials such as granite, or to extract minerals, while another 53 firms are licensed to explore for mineral wealth, according to a Ministry of Industry, Mines and Energy report released Friday. Among these firms, 47 ...

Backing sought for coal-fired power plant

A Thai energy firm has completed a study for a 1,800-megawatt coal power plant in Koh Kong province, and had asked for Prime Minister Hun Sen’s support in furthering the project, government officials confirmed yesterday. The plant would be the largest power generator in the energy-starved ...

http://www.phnompenhpost.com/index.php/2012020854368/Business/backing-sought-for-coal-fired-power-plant.html

Another power deal for senator

The opposition has raised conflict-of-interest concerns over another agreement headed to the National Assembly today guaranteeing the government will buy electricity from a power plant to be constructed by a company owned by ruling party Senator Lao Meng Khin. However, it was unclear yesterday whether the ...

http://www.phnompenhpost.com/index.php/2011101452135/National-news/another-power-deal-for-senator.html

Shipments increase at Sihanoukville Port

Shipments of freight through Sihanoukville Autonomous Port have seen a 14 percent growth in the second quarter of the year. The number of units passing through the port has risen by 8.6 percent compared to the same period last year. The majority of the shipments ...

http://www.phnompenhpost.com/index.php/2011071350353/Business/shipments-increase-at-sihanoukville-port.html

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