News
NagaCorp Holds Ground Breaking Ceremony for Naga2 Development
NagaCorp Ltd. (“NagaCorp” or the “Company”, SEHK stock code: 3918), the largest hotel, gaming and leisure operator in Cambodia, held the official ground breaking ceremony yesterday for Naga2, a large-scale mixed-use expansion that will be completed by 2015. Situated 200 meters from the existing NagaWorld, ...
Casino-Funded Election Committee Office Breaks Ground
The National Election Committee (NEC) broke ground yesterday on a $12-million tower being funded by the casino company NagaCorp that is set to take more than two years to complete and has drawn concern from election groups. At a ceremony that took place on National Assembly ...
Construction of Lower Sesan Dam in Stung Treng to Start in 2014
Construction of the Lower Sesan 2 Dam in Stung Treng province will begin in 2014 and the government will spend next year relocating some 5,000 people from villages that are located in the dam’s future reservoir area. Located near the confluence of the Sesan and Srepok ...
Refined sugar for domestic market
Phnom Penh Sugar will begin producing white sugar this month for the Cambodian market to reduce the demand for imported sugar, according to a spokeswoman for the firm. Chheang Kemsoun, a representative of Phnom Penh Sugar, told the Post yesterday the company would produce white sugar ...
http://www.phnompenhpost.com/index.php/2012110759620/Business/refined-sugar-for-domestic-market.html
Cambodian Prime Minister calls on Japan for more tourists, investors
Prime Minister Hun Sen of Cambodia has called upon Japanese counterpart Yoshihiko Noda for his support in encouraging more investments and tourism from Japan to help strengthen bilateral ties between the two Asian nations. The request was made at a meeting on Monday during the ...
Lao, Cambodian families pay for summit luxuries
As Asian and European leaders gather for high level meetings this month in Cambodia and Laos, the luxury living quarters and extensive security arrangements made for their arrivals have come at considerable human and environmental expense. Government authorities went on a building spree ahead of this ...
As Climate Changes, Farmers Need More Help
The government is not doing enough to help farmers weather the destructive effects of drought and flooding brought on by climate change, leaving NGOs to provide aid and emergency relief in cases of natural disaster, agriculture industry leaders said at a forum yesterday. ...
Laos holds "groundbreaking" ceremony for contentious Mekong dam
Laos held a “groundbreaking” ceremony on Wednesday for a $3.5 billion hydropower dam on the Mekong River that is opposed by environmentalists and some neighbouring countries because of the possible impact on livelihoods, fisheries and agriculture. But it was unclear when actual construction of the contentious ...
http://www.reuters.com/article/2012/11/07/laos-dam-idUSL3E8M77GG20121107
Illegal loggers, trafficker return
Fourteen Cambodian men jailed in Thailand for drug trafficking or illegal logging have been released in the past week after reaching the end of their sentences, a border official said yesterday. Touch Ra, director of the Chaom Sangam Cambodia-Thailand border checkpoint in Oddar Meanchey province, said ...
A factory’s fainting crisis
In a single factory that supplies some of the biggest international brands, faintings occurred every day for five years, a new investigation by the Cambodian Legal Education Centre has found. Until just weeks ago, when the management installed new fans, three to four garments workers were ...
http://www.phnompenhpost.com/index.php/2012110759624/National-news/a-factorys-fainting-crisis.html
Families complain to volunteers
Twelve families from Koh Kong province on Nov. 6 filed a complaint with Prime Minister Hun Sen’s youth volunteers and the Department of Land Management, requesting assistance in a land dispute with businessman, Heng Huy. Pok Yon, the families’ representative, said that earlier this year, Heng ...
Kingdom’s trade deficit widens
Cambodia’s total exports increased more than 13 per cent in the first nine months of this year, with a year-on-year comparison indicating a widening trade deficit. A private-sector representative, an exporter and an independent economist said the slow growth was mainly due to the slowing of ...
http://www.phnompenhpost.com/index.php/2012110759621/Business/kingdoms-trade-deficit-widens.html
World Court to Hold Preah Vihear Hearing
The International Court of Justice (ICJ) will hold a verbal hearing with Cambodian and Thailand over disputed land around Preah Vihear temple in April, government officials said yesterday. “A verbal hearing with the Thai party will be held in April so that [we can] have a ...
Chea Vichea Murder Case Back in Court
The two men convicted of – and widely believed framed for – the 2004 assassination of union leader Chea Vichea are set to appear at the Appeal Court for their retrial today, nearly four years after the Supreme Court released them and ordered a reinvestigation ...
Union Tells EU, US to Not Inspect Activist Case
More than 100 moto-taxi and tuk tuk drivers who are part of a little-known workers union submitted a letter to the U.S. Embassy and the European Union Delegation yesterday, asking them not to intervene in the case of Boeng Kak activist Yorm Bopha. It is not ...
Villagers Accuse Police Chief of Illegal Logging
Villagers in the Prey Lang forest in Kompong Thom province have filed the complaint with the provincial court and the Forestry Administration accusing a commune police chief of involvement in logging high-grade timber, officials and villagers said yesterday. The complaint, thumbprinted by 210 people, alleges that ...
Locals Lobby Ice Factory to Reduce Noise, Smell
A factory in Phnom Penh has been ordered to construct a barrier to reduce noise, and a bad smell, from ice-making machinery that runs 24 hours a day and has local residents losing sleep, district officials said. Seventy families from Russei Keo district’s Kilometer 6 ...
Coffee Chain Costa to Open Shop Next Month in Phnom Penh
The U.K.-based coffee chain Costa Coffee will join the mix of few coffee shops in Phnom Penh when it opens its first branch in Chamcar Mon district next month, representative of the international branch said yesterday. Rami Sharaf, CEO of RMA Cambodia, which represents international brands ...
http://www.cambodiadaily.com/business/coffee-chain-costa-to-open-shop-next-month-in-phnom-penh-5301/
Telecom Group Vimpelcom Hires Adviser to Help Sell Beeline
United Arab Emirates-telecoms group Vimpelcom has hired Standard Chartered to advice it on the sale of its business in Cambodia, Laos, Burundi, Zimbabwe and the Central African Republic, two people familiar with the matter said. New York-listed Vimpelcom wants to focus on its largest markets of ...
Chorus of complaints greet Xayaburi plans
The US yesterday criticised Laos for announcing it will begin building the 1,285-megawatt Xayaburi dam on the Mekong River today without studying its potential effects on Cambodia and Vietnam. A spokesperson from the US State Department in Washington said the government was concerned construction of the ...
ASEAN to study new ties with six partners
ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...
Cambodia’s Rubber exports + 12%, revenues off 27% in 1st 9 months of Y 2012
Cambodia Monday reported a 12% rise in rubber latex exports in the first nine months of this year; however, revenues from the exports went down by 27% due to declining rubber prices in the international market. ...
Cambodian airports to get $400 million upgrade
VINCI Airports will invest close to $400 million on upgrading Cambodia’s airport system over the next eight years, according to chairman, Nicolas Notebaert. Notebaert, speaking at the Global Airport Development (GAD) conference in Paris earlier today, revealed that $80 million would be invested on an extension ...
Former Lieutenant General faces accusations
Disgraced former Lieutenant General Doeun Sovann appeared in court on Nov. 5, 2012. to answer charges for attempting to rope in volunteers from Prime Minister Hun Sen’s national land-titling scheme, monitoring measurment of a disputed plot he allegedly purchased. Phnom Penh Municipal Court investigating Judge Ly ...