Investment treaty with US discussed

The United States and Cambodia have agreed to begin discussions on a bilateral investment treaty (BIT) in a bid to spur trade and investment between the two countries, officials said on Friday following the end of the ASEAN-US Business Summit in Siem Reap. “A bilateral investment ...

http://www.phnompenhpost.com/index.php/2012090358437/Business/investment-treaty-with-us-discussed.html

Japan to Study Angkor Wat Park Environment

The Apsara Authority on Wednesday signed an agreement with the Japan Development Institute and two Japanese environmental management companies that will allow them to conduct a feasibility study into the natural environment and pollution in the Angkor Archaeological Park. Yuki Edano, Japan’s minister of economy, trade and industry, and Commerce ...

Angkor Golf Resort signs MoU with Tourism Malaysia

Malaysia tourism and travel agency officials have signed a memorandum of understanding at the Angkor Golf Resort in Siem Reap to boost golf tourism in Malaysia and Cambodia. Signatories to the MoU were Sao Ratha, marketing manager of Tourism Malaysia; Ng Eu Shen, general manager of ...

http://www.phnompenhpost.com/index.php/2012082958335/Business/angkor-golf-resort-signs-mou-with-tourism-malaysia.html

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 ...

ASEAN ministers to discuss progress in economic integration

Economic ministers from the 10 ASEAN countries are meeting in Siem Reap, Cambodia on Monday to discuss the progress in regional economic integration initiatives. They will also focus on working towards establishing an ASEAN Economic Community by 2015.. ...

http://news.xin.msn.com/en/singapore/asean-ministers-to-discuss-progress-in-economic-integration

Korean tourists fuel demand for dog meat in Cambodia

Riding a motorcycle with a cage, Pov Nat scours rural areas for dogs. He pays between 30,000 ($7.38) and 80,000 riel a head and sells the animals to a butcher in Siem Reap. The 21-year-old native of Kampong Cham province began buying dogs after coming to ...

http://view.koreaherald.com/kh/view.php?ud=20120826000233&cpv=0

Cambodia Hosts 44th ASEAN Economic Minister Meeting

The 44th economic ministers (AEM) meeting and related meetings will be held from 25 August-1 September, 2012 in Siem Reap province. The ministers will focus on the economic community in 2015 and boost economic council to move forward  because this community is going smoother than other two ...

Vietnamese Goods Fair Opens In Phnom Penh

The 10th High Quality Vietnamese Products and Exports trade fair opened yesterday in the Cambodian capital city of Phnom Penh. It has attracted around 150 firms who have  set up 250 booths to display more than 2,000 products, including electronics, consumer goods, stationary, books, construction materials, ...

Cambodia, the next setting to a ‘Battle of the Rails’

As Australian operator Toll Royal Railways looks at a possible withdrawal from in Cambodia, a new China-backed company tries to take over and promise to rehabilitate more tracks including Phnom Penh-Saigon Toll Royal Railway won in 2010 a concession to operate and upgrade the Cambodian rail ...

http://www.traveldailynews.asia/news/article/50249/cambodia-the-next-setting-to

Tackling Tourism

Tourism authorities are concerned that the role of Siem Reap’s Cambodian tour guides catering to Korean tourists is being usurped by interpreters, with the tour guides being relegated to mere porters. This is mainly due to the lack of tour guides who can converse in the ...

http://www.phnompenhpost.com/index.php/2012082458277/Siem-Reap-Insider/tackling-tourism-issues.html

ASEAN-US business summit next week

United States Trade Representative Ron Kirk, will spend two days, August 30 and 31, in Siem Reap attending the 44th ASEAN Economic Ministers’ meeting and the ASEAN-US Business Summit. He is also scheduled to meet separately with Cambodian leaders and other participating ministers to discuss bilateral ...

http://www.phnompenhpost.com/index.php/2012082458256/Business/siem-reap-to-host-asean-us-business-summit.html

Seoul Court Releases CEOs Tied to Local Projects

The chief executives of two companies behind major developments in Cambodia-who were jailed in Seoul in February for their part in a major South Korean financial scandal-have been partially cleared and released, according to a court official. Lee Sang-ho – the CEO of World City Co. ...

Rail freight services begin

Railway freight services between Phnom Penh and Touk Meas commune, in Kampot province’s Banteay Meas district, the location of a Siam Cement factory about 40 kilometres north of Kampot town, began yesterday, finally putting the Toll Royal Railways concession on an earning basis. According to Toll Royal Railways ...

http://www.phnompenhpost.com/index.php/2012082358231/Business/phnom-penhs-rail-freight-services-begin.html

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

Obama's chief trade advisor to visit Cambodia, meet ASEAN ministers

The United States Trade Representative Ron Kirk, President Obama’s Chief Trade Advisor, will be visiting Cambodia’s Siem Reap province on Aug. 30-31 to participate in the 44th ASEAN Economic Ministers’ meetings and the ASEAN-U.S. Business Summit, according to a press release from the U.S. Embassy ...

http://www.dap-news.com/en/index.php?option=com_content&view=article&id=9490:obamas-chief-trade-advisor-to-visit-cambodia-meet-asean-ministers&catid=1:local-news&Itemid=18

NGOs give support to summonsed worker

Charges against outspoken Adhoc head of monitoring Chan Soveth are baseless, politically motivated and threaten to undermine human rights work in Cambodia, a coalition of NGOs said yesterday. Soveth, who has been summonsed to court on August 24 over the vague charge of assisting “specific perpetrators”, ...

http://www.phnompenhpost.com/index.php/2012081658031/National-news/ngos-rally-support-for-summonsed-worker.html

Restoration Fund Meets With Labor Union Over Wage Hike

A meeting between the New York-based World Monument Fund (WMF) and its workers who are restoring temples in Siem Reap province took place on Friday, but no agreement was reached over wages, a union representative said yesterday. Van Thol, vice president of the Building and Wood ...

Huge Chinese property project announced

Chinese firm Hainan Ruijin Investment Holding Company (HRIH) has announced an ambitious, US$5.8 billion property project including holiday resorts and high-rise apartments outside of Sihanoukville. Plans for the development, which has been dubbed Sihanoukville-Hainan City, have been approved by the Cambodian government. Further details, such as the ...

S'ville Families Get New Court Eviction Order

More than 100 families who had their evictions delayed on Thursday in observance of a nationally broadcast speech by Prime Minister Hun Sen have once again been ordered to move out, according to local officials. Provincial governor Sboang Sarath said yesterday that the provincial court had ...

Phnom Penh Court Charge Four Officials Of Land Ministry Over Corruption

The media release from ministry of land management, urbanization and construction on August 10 said: after getting information of irregularity on implementing the social economic land for former armed forces and poor families which published in media on June 14,2012. Ministry set up a committee to monitor the ...

Waste to Watt

In an outbuilding at Lok Sear’s rice milling operation in Kandal province, two four-meter-high cylindrical machines vibrate and hum as the occasional chicken and duck pecks near the concrete blocks holding them up. While they do both feature a thinck band of aluminium around their ...

http://etmcambodia.com

Phnom Penh Land Prices Slow Growth

Property prices in Phnom Penh increased by about 15 percent at the end of June compared to the same period in 2011 , according to data released yesterday by local realty firm Asia Real Estate Cambodia (ARC). The average price of commercial property in Phnom Penh ...

Villagers in Sihanoukville Ordered off Disputed Land

The Preah Sihanouk Provincial Court has ordered villagers living on disputed land in Sihanoukville to leave the area by Thursday, according to a statement released by th the court yesterday. “We wish to inform people living in Muoy commune’s Phuom Bei village that on August 9, ...

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