News

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 ...

http://japandailypress.com/cambodian-prime-minister-calls-on-japan-for-more-tourists-investors-0717985

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 ...

http://www.phnompenhpost.com/index.php/2012110759616/National-news/illegal-loggers-trafficker-return.html

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/

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 ...

http://www.phnompenhpost.com/index.php/2012110759623/National-news/chorus-of-complaints-greet-xayaburi-plans.html

Special report: Banking

With the recent announcement that two Taiwanese banks plan to open branches in Cambodia, the number of commercial banks in the country will swell to 34 and may even go higher as foreign businesses seriously consider Cambodia an alternative to more costly countries such as ...

http://www.etmcambodia.com/viewarticles.php?articlesid=253#

Executive hopes to help open mattress plant in Cambodia

A mission trip to Cambodia earlier this year opened Roger Pickett’s eyes to the need to boost the Cambodian home furnishings industry. Now Pickett, president of MurMaid Mattress here, is hoping to help a nonprofit group open a mattress factory in that country and give Cambodians ...

http://www.furnituretoday.com/article/557136-Executive_hopes_to_help_open_mattress_plant_in_Cambodia.php

Cambodia: Mineral, Metal and Fuel Resources

Cambodia, with a total population of 14,952,665 as of July 2010, is located in Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos. The country mostly has a tropical climate and covers a total area of 181,035 km2 Cambodia’s key natural resources include ...

http://www.azomining.com/Article.aspx?ArticleID=216

Laos approves Xayaburi 'mega' dam on Mekong

Laos has given the go-ahead to build a massive dam on the lower Mekong river, despite opposition from neighbouring countries and environmentalists. A formal ceremony marking the start of full construction at Xayaburi would be held on Wednesday, the government said. ...

http://www.bbc.co.uk/news/world-asia-20203072

CAMBODIA: INTERNATIONAL ARRIVALS INCREASED BY 24%

A report from the Tourism Ministry in Cambodia recently informed that the country witnessed a huge inflow of 2.57 million tourists in the period between January and September of this year. This is an increase of 24 percent in comparison to the same period in ...

http://www.tourism-review.com/cambodia-international-arrivals-increased-by-24--news3456

Cambodia spends $1.22 b to buy oil in 9 months

Cambodia spent $1.22 billion to purchase petroleum from foreign suppliers in the first nine months of this year, a 18 percent rise compared with $1.03 billion it spent during the same period last year, a Commerce Ministry’s report showed Monday. ...

http://www.globaltimes.cn/content/742405.shtml

Trade with Thailand increases

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html

Cambodia approves Lower Sesan 2 hydroelectric dam

Cambodia’s government has approved a controversial hydroelectric dam on a tributary of the Mekong River. The joint venture involves Cambodian, Chinese and Vietnamese investment of $781m (£488m) and is due to be completed within five years. The project in northern Stung Treng province is known as Lower ...

http://www.bbc.co.uk/news/world-asia-20184447

Protected forest reclassified as private land

The entirety of three protected forests are now classified as private land, an investigation from rights group Adhoc has found, along with tens of thousands of additional hectares of what has once been state public land In three cases, Adhoc’s findings show that entire protected forests ...

http://www.phnompenhpost.com/index.php/2012110159519/National-news/protected-forest-reclassified-as-private-land.html

Indonesia to import 100,000 tons of rice from Cambodia

Indonesia will import 100,000 tons of rice from Cambodia next month, Trade Ministry director general for foreign trade Deddy Saleh has said. The importation is a follow up from a joint trade agreement signed in August this year. “For the first batch, we will import 100,000 tons ...

http://www.thejakartapost.com/news/2012/11/01/indonesia-import-100000-tons-rice-cambodia.html

Doing business gets easier in Cambodia: World Bank

Cambodia rose five places in the World Bank’s annual Doing Business study to 133I’d out of 185 countries, largely due to the establishment of a credit bureau, which makes acquiring loans easier. The report, which ranks countries in 10 categories on the ease of doing ...

http://www.etmcambodia.com/viewarticles.php?articlesid=241

Over 2.5 million visitors to Cambodia in the first nine months of 2012

Cambodia attracted some 2.57 million international visitors in the first nine months of this year, a 24% rise compared with the same period last year, a report from the Ministry of Tourism showed on Wednesday. ...

http://www.traveldailynews.com/news/article/51858/over-2-5-million-visitors-to

FAT's direct Angkor Wat flights to resume Dec. 25

The Taipei-based Far Eastern Air Transport Corp. (FAT) will resume its direct flights from Taiwan to Angkor Wat in Cambodia starting Dec. 25 Soon after the FAT reopened its flight operations on April 18, 2011 following several years of suspension caused by financial troubles, the Tonlesap ...

http://www.chinapost.com.tw/taiwan/business/2012/11/01/359511/FATs-direct.htm

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