Energy

PPWSA shuffle no surprise

Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...

http://Phnom Penh Water Supply Authority shuffle no surprise

Cambodian villagers protest controversial Laos dam

Cambodian villagers demonstrated on Friday against a controversial Lao hydropower dam that activists say is being built in defiance of an agreement to assess its potentially damaging impact on millions of people first. About 200 villagers whose livelihoods depend on the Mekong River urged a halt ...

http://www.reuters.com/article/2012/06/29/us-cambodia-laos-idUSBRE85S0FX20120629

Equipment Seized From Plantation at Center of UK Fraud Probe

Forestry Administration officials have seized equipment valued at $1.5 million from a Banteay Meanchey province biofuel plantation, which is being investigated for fraud in the UK, company and forestry officials said yesterday. Sustainable Agro Energy’s assets were frozen in February and investigators at the U.K.’s ...

Demonstrators Take On Local Power Suppliers

Hundreds of Kompong Cham villagers protested yesterday and Sunday against high electricity prices in another example of energy-price demonstrations that are becoming increasingly frequent across the country. In Kompong Cham province’s Batheay district, more than 500 villagers yesterday continued a protest over electricity prices that began ...

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

Chinese Iron Ore Firm Paid for New CPP District Office

A Chinese mining firm has donated about $200,000 toward the building of a new district headquarters for the ruling CPP in Preah Vihear province, officials said yesterday. Kong Makara, director of the provincial industry, mines and energy office, said that Chinese company Cambodian Iron Holding and ...

Villagers Protest High Electricity Charges

About 200 people from Siem Reap’s Angkor Chum district protested outside the district governor’s office on Friday, calling for private electricity company Duong Narin to lower its prices and asking the state electricity authority to connect to their area, protesters said yesterday. The residents of ...

Tourism for fourth months of 2012

Report from tourism ministry said: in 2011, it gained 2.8 million tourist arrivals and harvested for 1.9 billion US dollars. For fourth months of 2012, we received over 1, 272,514 foreign tourists, an increase of over 27 percent if comparing the same period of last year. Tourism industry offered direct jobs of 350,000. Ministry urged to ...

http://thesoutheastasiaweekly.com/

Rice industry calls for help

Milled-rice exporters have called on the government to continue its efforts in reducing electricity and transportation costs, two of the main obstacles facing the government’s goal of exporting 1 million tonnes of milled rice by 2015. At a working group on rice exports on Friday, 40 ...

http://www.phnompenhpost.com/index.php/2012061156715/Business/rice-industry-calls-for-help.html

Union out of loop in MoU negotiations

The garment industry could be close to renewing an industrial relations memorandum of understanding, but an independent union believes it is being edged out of negotiations because it opposes the use of short-term and fixed-duration contracts. Ath Thorn, president of the Cambodian Labour Confederation, said yesterday ...

http://www.phnompenhpost.com/index.php/2012060756657/National-news/union-out-of-loop-in-mou-negotiations.html

Officials say Cambodia's price rises manageable

Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...

http://www.phnompenhpost.com/index.php/2012060556580/Business/officials-say-price-rises-manageable.html

Samdech PM Appeals Aligning Oil Price to Food Price

Samdech Prime Minister Hun Sen appealed to the world to harmonize energy prices to food prices as food production shouldn’t outstrip the consumption of volatile fuels while food price remains stable, at the 4th workshop on food security and nutrition. Calling it “The Phnom Penh Initiative,” Prime Minister Hun Sen requested that the issue be ...

http://thesoutheastasiaweekly.com/

Cambodia’s largest MFI boosts green farming loans

Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...

http://www.phnompenhpost.com/index.php/2012060156521/Business/cambodias-largest-mfi-boosts-green-farming-loans.html

Wait Out Elections, Firm in Land Dispute Told

Despite facing criminal charges, 70 villagers from Kompong Chhnang province embroiled in a long-running land dispute with the KDC Development Company have moved back onto the contested land, court officials and villagers said yesterday. KDC, which is owned by Minister of Industry, Mines and Energy Suy ...

Cardamom Mountains Need Green Economy And Development

In a ceremony of launching new book highlighted solutions to Cambodia’s cardamom conundrum, Author and scientist Timothy Killen explains the potential for Cambodia to become a world leader by pursuing an innovative, low carbon, green development pathway that will foster economic growth and create opportunities for its people, while conserving the natural environment. “Cambodia is ...

http://thesoutheastasiaweekly.com/

Gold Mines Blamed for Cattle Deaths Shut Down

Authorities in Battambang province’s Phnom Proek district shut down eight unlicensed gold mines Saturday and Sunday after a study revealed they were producing toxic runoff blamed for the deaths of three cattle last week, officials said. Deputy governor Pech Choun said four mines in the area ...

Oil factory fire causes significant damage

A worker was slightly injured and more than US$100,000 in property destroyed yesterday in a fire at an oil factory in Kandal province’s Ang Snuol district, police said. Thach Phalla, Ang Snuol district deputy police chief, said the fire started at noon when some oil overflowed ...

http://www.phnompenhpost.com/index.php/2012052256302/National-news/oil-factory-fire-causes-significant-damage.html

Xayaburi study questioned

A study the Lao government has used to claim the Xayaburi dam would be harmless if redesigned has been criticised for not addressing concerns about the project’s effect on fish in the Lower Mekong river. Lao Vice Minister of Energy and Mines Viraponh Viravong was reported ...

http://www.phnompenhpost.com/index.php/2012052156277/National-news/xayaburi-study-questioned.html

To Phnom Penh Relief, Dam Starts Operating

The Kirirom III Hydropower Station in Kompong Speu province started operating last month, providing 18 megawatts of electricity to both Kompong Speu and Phnom Penh, an official at state-owned Electricite du Cambodge said yesterday. The additional power from the $47 million dam will help alleviate Phnom ...

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