News
Laos dam looms over fish quota
A new government plan has set a goal for an annual 1.2 million tonnes of fish by 2019, but officials and environmentalist have said the construction of Xayaburi dam in Laos could stymie Mekong fisheries. The plan would push fish exports to 500,000 tonnes of fish ...
http://www.phnompenhpost.com/index.php/2011120953255/Business/laos-dam-looms-over-fish-quota.html
Nations convene to consider first Mekong dam
The water and environment ministers of the four Mekong River Commission (MRC) countries are scheduled to meet in Siem Reap today and tomorrow to reach a key decision on the future – some say the survival – of the Mekong River. The ministers – from Cambodia, ...
Group angered after Thailand says it will not oppose dam
An environmental group yesterday criticized Thailand’s announcement last week that it would not oppose Laos’ proposal to build the first Lower Mekong dam at the upcoming Mekong River Commission (MRC) meeting, as long as Laos addresses the dam’s environmental impacts. Water and environment ministers from Cambodia, ...
Fraud, forgery charges over rosewood logging
Phnom Penh Municipal Court yesterday charged a businessman with fraud and forgery stemming from a complaint made by the director of Win World Trading Co. Ltd. over a deal involving the selling of rosewood logged in Laos to Vietnam. The provincial military police detained Sann Dichham ...
Controversial dam: Thailand not objecting to Xayaburi
Thailand will not object to the proposed Xayaburi hydropower dam in Laos, but Vientiane must shoulder responsibility for potential environmental damage caused by the US$3.8 billion project, the Bangkok Post reported yesterday. “Laos has the right to construct the dam as it is located inside Lao ...
Vietnamese equity fund to open in Cambodia
Dragon Capital, a Vietnam-based private equity firm, has announced that it is planning to launch a fund in Cambodia next year, the second such fund to be announced by a Vietnamese company this year. The firm’s CEO, Dominic Scriven, said that the initial fund would close ...
Prime Minister wants better relations with neighbours
Prime Minister Hun Sen called for improved relations between Cambodia, Laos and Vietnam during sideline discussions with high-ranking officials from the three countries at a meeting in Phnom Penh yesterday. Hun Sen’s personal spokesman, Eng Sophalleth, said the premier had spoken with Huynh Dam, president of ...
US Senate calls for delay of Mekong dams
As Mekong River Commission (MRC) countries prepare for a crucial meeting next week to debate Laos’ proposal to build the first Lower Mekong River dam, the US Senate Foreign Relations Committee has called for a delay of the controversial project. The US Senate’s concern was echoed ...
Environmental group calls for halt of Laos' Mekong Dam
Environmental Group World Wildlife Fund yesterday called on the four member governments of the Mekong River Commission (MRC) to shelve Laos’ proposal to build the first Lower Mekong River hydropower dam when the countries meet next week in Siem Reap province. Las has planned numerous dams ...
Students raise concerns over Mekong dam
Hundreds of students attending a forum yesterday on plans of regional governments to develop hydropower dams on the Mekong River expressed concern over the river’s future, and they urged the governments to abandon the projects or proceed with caution. The forum in Phnom Penh was the ...
Laos dam project could violate international law, group says
A representative of environmental group International Rivers said yesterday that if the Laos government were to move forward with a controversial dam project, it would violate the 1995 Mekong Agreement. “Moving forward with the dam would be against international law,” said Ame Trandem, Sountheast Asia program ...
Firm denies dam report bias
A consulting firm commissioned by the Lao government to prepare a report on the controversial US$3.8 billion Xayaburi dam project has rejected claims by environmentalists that their assessment was “biased” due partly to existing ties with a project backer. On Wednesday, conservation group International Rivers claimed ...
Lao dam report blasted by environmental group
An environmental group yesterday refuted the validity of a report commissioned by Laos in September claiming that construction of its controversial Xayaburi dam would not have a significant impact on the Mekong River. The report, completed for the Lao government by Swiss engineer Poyry Energy AG, ...
Rice Crops Take A Pounding From Southeast Asian Floods
October marks the start of the main rice harvest in Thailand, the world’s largest exporter of the grain. Traders are waiting to see the full impact of flooding on the crop, but it’s already clear that output across Southeast Asia will fall substantially. The U.N.’s ...
Rice Jumps Exchange Limit to One-Month High on Asia Flood Damage
Rice futures jumped the most permitted by the Chicago Board of Trade, advancing to a one- month high, as flood damage to crops in Southeast Asia boosted prospects for U.S. exports. Storms since September damaged 12.5 percent of paddies in Thailand, the world’s largest exporter, and ...
Ongpin’s Atok buys Hong Kong company
Atok-Big Wedge Co. Inc., a listed company owned by the group of former Trade minister Roberto Ongpin, acquired Tidemark Holdings Ltd., a Hong Kong company that owns 25.9 percent of Forum Energy Plc, an oil and gas firm controlled by Philex Mining Corp. Atok-Big Wedge said ...
Cambodia, Singapore urge peaceful solution to South China Sea dispute
Phnom Penh — Cambodia’s Minister of Foreign Affairs Hor Namhong and his Singapore’s counterpart K Shanmugam agreed on Wednesday that the territorial dispute in the South China Sea between China and some ASEAN countries should be solved peacefully. “We have exchanged ideas on the issue of ...
http://news.xinhuanet.com/english2010/china/2011-10/05/c_131175455.htm
Foreign investment brings Cambodia growth, new issues
Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...
TNT expands Asia Road Network
TNT Express linked its Chinese day-definite domestic road services into its Asia Road Network. This has created the only scheduled day-definite road network covering China, Vietnam, Cambodia, Laos, Thailand, Malaysia and Singapore, said the operator. CEO Marie-Christine Lombard said: “With the integration of TNT’s two ...
http://www.ifw-net.com/freightpubs/ifw/index/tnt-expands-asia-road-network/20017904622.htm
Cambodia, Laos, Myanmar and Vietnam Discuss Ways to Boost Tourism
Tourism ministers from Cambodia, Laos, Myanmar and Vietnam held a meeting in Ho Chi Minh City to discuss ways to boost tourism in all the four countries, creating a four country tourist destination. At the meeting on September 13, attended by over 200 delegates and investors, ...
Floods show Laos needs early warning
Heavy flooding during the rainy season, affecting 10 out of 17 provinces in Laos, has underlined the need for stronger disaster-management efforts, experts say. Tropical storm Haima struck central and northern parts of the country on June 24, with Nock-10 hitting central and southern areas on ...
Xayaburi dam may cause earthquakes: Vietnamese report
The Xayaburi dam project in Northern Laos might increase the probability of earthquakes in a region already prone to seismic activity, according to a recently translated report from Vietnam. The 1260-megawatt project sits about 100 kilometres south of the Lai Chau-Dien fault line. Construction activity on the ...
HCM City hosts Lower Mekong Initiative Disaster Management workshop
HCM CITY – A workshop to develop disaster management capacity for the four Lower Mekong countries of Cambodia, Laos, Thailand and Viet Nam by encouraging collaborative efforts through dialogue and information exchange opened yesterday in HCM City. The five-day Lower Mekong Initiative (LMI) Disaster Management workshop, ...
Multimodal transport operation will be implemented in ASEAN countries in 2012
In 2012, Cambodia, Thailand, Vietnam, Laos and Myanmar will begin to implement a multimodal transport operations project in order to strengthen the ASEAN regional cross-border transport corridors and promote regional and transport development toward the ASEAN-community integration in 2015, senior officials said this week ...