Extractive Industries

Companies aim to be socially minded

Four companies in Cambodia — EZECOM, Manulife Cambodia, Angkor Gold and Unilever — have demonstrated their commitment to corporate social responsibility this month by giving support to schools, a hospital and sustainable living. CSR Asia, the leading provider of information, training, research and consultancy services on ...

http://www.phnompenhpost.com/index.php/2012092558888/Business/cambodian-companies-aim-for-corporate-social-responsibility.html

Cambodian king visits Vietnam to cement bilateral ties

Cambodian King Norodom Sihamoni began a 3-day state visit to Vietnam starting on Monday at the invitation of Vietnamese President Truong Tan Sang, local media reported. The visit, the fourth made by Cambodian king since he came to the throne in 2004, will likely elevate further ...

http://news.xinhuanet.com/english/world/2012-09/24/c_131869525.htm

Cambodia spends 1 bln USD for oil imports in 7 months

Cambodia had spent 1 billion U. S. dollars to buy petroleum from foreign suppliers in the first seven months of this year, up 22 percent from 817 million U.S. dollars at the same period a year ago, a report of the Commerce Ministry showed Saturday. The ...

http://www.dap-news.com/en/index.php?option=com_content&view=article&id=9579:cambodia-spends-1-bln-usd-for-oil-imports-in-7-months-&catid=1:local-news&Itemid=18

PTT prepares 800 million baht for expansion into Cambodia, Laos

The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...

http://www.pattayamail.com/business/ptt-prepares-800-million-baht-for-expansion-into-cambodia-laos-16808

Bridge to Be Built Over Flooded Road in B Meanchey

Amid flooding caused by heavy rain in Thailand, Banteay Meanchey provincial officials have commissioned the construction of a steel bridge over an inundated section of road on the outskirts of Poipet City, officials said yesterday. Flooding in Preah Vihear province, which started last week following heavy ...

South China Sea outlook

The disputes over sovereignty in the South China Sea are approaching a tipping point. As former ASEAN secretary-general Rodolfo Severino said last month: “The disputes cannot be resolved anytime soon, if at all. The most that can be done is to prevent them developing into armed ...

http://www.mmtimes.com/2012/news/643/news05.html

Angkor Gold Corp. Acquires the Andong Meas Concession in Cambodia

Angkor Gold Corp. (TSXV:ANK4) acquired Liberty Mining ad Transol Mining, owners of the 209 square kilometre Andong Meas concession in Cambodia. As quoted in the press release: “The Acquisition results in two significant accomplishments. First, it adds 100% ownership of an entirely new 209-square kilometre concession known ...

http://goldinvestingnews.com/27883/angkor-gold-corp-acquires-the-andong-meas-in-cambodia.html

Tougher disclosure rules for resources giants

US-listed corporations in Cambodia, including Chevron, Total, CNOOC and ConocoPhillips, that are engaged in extractive industries are now required to comply with additional transparency rules. The US Securities and Exchange Commission (SEC) implemented new regulations last week, two years after the legislation was initially passed by Congress. Cambodian monitors ...

http://www.phnompenhpost.com/index.php/2012082858310/Business/tougher-disclosure-rules-for-resources-giants.html

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

Villagers Dig for Treasure as Gold Fever Hits Takeo Province

a gold rush came to Angkor Borei district over the weekend, with dozens of villagers trying their hand at treasure hunting after word got out that there was gold to be found in the soil of a newly dug road in Prek Phtorl commune. The area ...

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 ...

Official Arrested After Blocking Land Program

The former deputy administration director from Kratie province was arrested yesterday, accused of incitement for interfering with the work of student volunteers in Prime Minister Hun Sen’s land-titling project, an official said. Chin Hongsry, 60, is accused of undermining the volunteers by telling the villagers to ...

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