News
Russian Boulevard land prices rising
The west end of Street 110, also known as Russian Boulevard, is attracting increasing interest from investors and retailers because of its vital role connecting Phnom Penh International Airport with the city centre. Local real estate experts estimate that land prices along the thoroughfare have risen ...
Post Staff
http://www.phnompenhpost.com/real-estate/russian-boulevard-land-prices-rising
Muhibbah JV bags RM276m projects for Cambodia’s airports
Muhibbah Engineering (M) Bhd and its joint venture partner has secured two contracts valued at US$87mil (RM276mil) to build and expand two airports in Cambodia. Muhibbah has a 30% stake in SCA [Societe Concessionnaire de L’Aeroport]. The duration for the Phnom Penh Airport and Siem ...
The Star Online News Staff
http://www.thestar.com.my/Business/Business-News/2013/11/06/Muhibbah-JV-bags-RM276m-projects-for-Cambodia-airports.aspx
EU aids Cambodia in combating illicit trafficking, use of nuclear, radiological materials
The European Union (EU) signs Wednesday to provide Cambodia with equipment to detect illicit trafficking and criminal use of nuclear and radiological materials. The agreement was inked between EU Ambassador to Cambodia Jean Francois Cautain and Om Yentieng, vice-chairman of the Secretariat of National Counter-Terrorism Committee. Under the deal, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/06/c_132863880.htm
PTT keeps Cambodia jet fuel gig
PTT Plc, Thailand’s giant oil and gas conglomerate, has renewed its concession with the Cambodian government to provide jet fuel services for another five years at airports in Phnom Penh and Siem Reap. Senior executive vice-president Auttapol Rerkpiboon said PTT will provide jet fuel service at ...
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/377274/ptt-keeps-cambodia-jet-fuel-gig
Cambodia to establish first civil aviation school
Cambodia planned to set up the first ever Civil Aviation Training Center with South Korean assistance in order to boost development of air transport industry and tourism, a spokesman said Saturday. “South Korea agreed to provide 10.1 million U.S. dollars in grant aid to Cambodia for ...
http://news.xinhuanet.com/english/world/2013-10/12/c_132793377.htm
Local brands standing firm
Inside a shop in a restored building on the corner of Sothearos Boulevard and Street 266, nearly 10 Cambodians wearing the same uniform are walking around and cleaning tables. By the end of this year, Brown Coffee will have a total of eight branches in ...
Hor Kimsay
http://www.phnompenhpost.com/business/local-brands-standing-firm
Election worries for tourists
Chris Leyland had forgotten about Cambodia’s national elections when he made plans to travel into Phnom Penh from Vietnam with Jess Jackson, 34, and her two children. Had Leyland, a 41-year-old from Oxford, UK, remembered that it wasn’t going to be a normal weekend in Cambodia, ...
http://www.phnompenhpost.com/business/election-worries-tourists
Satellite system will save fuel and routes
Phnom Penh International Airport’s navigation system will be upgraded today with the installment of a new satellite-based system that aims to improve efficiency and reduce fuel usage, an aviation official said. Chhun Sivorn, director of the Air Navigation Standards and Safety Department of the State Secretariat ...
http://www.phnompenhpost.com/business/satellite-system-will-save-fuel-and-routes
Cambodian opposition chief arrives home after 4 years in exile
Cambodia’s charismatic opposition leader Sam Rainsy arrived in his home country on Friday morning after spending nearly four years abroad in self-imposed exile to avoid an 11-year prison sentence on charges of disinformation and destruction of public property. Hun Sen said his request to the ...
http://news.xinhuanet.com/english/world/2013-07/19/c_132555198.htm
Police block Beoung Kak protesters
More than 100 police and security guards, including riot squad members, were deployed to the capital’s Boeung Kak lake community yesterday to block a protest that, at times, involved only three shouting women. About 50 members of the Boeung Kak community tried to march from Village ...
http://www.phnompenhpost.com/2013061866329/National/police-block-beoung-kak-protesters.html
Troubles for Tonlesap Air
About two months after Phnom Penh-based Tonlesap Airlines suspended its chartered flights, the local carrier’s future seems as cloudy as ever. Vann Chanty, the director of air transport with Cambodia’s State Secretariat of Civil Aviation, said yesterday that the airline had not resumed operations and that ...
http://www.phnompenhpost.com/2013061766300/Business/troubles-for-tonlesap-air.html
Families Left Worse off After Railway Project
Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...
Airports operator looks to expand
While Cambodia Airports, of which France-based Vinci Group is major stakeholder, sees tourist numbers taking off, eviction issues are gnawing at the company’s image. Emmanuel Menanteau, chief executive of Cambodia Airports, talked to the Post’s Sarah Thust about the expansion plans. How many tourist arrivals do ...
http://www.phnompenhpost.com/2013053165965/CEO-Talk/airports-operator-looks-to-expand.html
NagaCorp rolls dice on $15 million VIP terminal
A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...
Eviction Protestors Block Phnom Penh International Airport
About 20 people protesting their pending eviction from their homes near Phnom Penh International Airport blocked people from leaving or entering the airport for about half an hour yesterday, before a large force of police broke up their protest. In July, authorities told 182 families ...
http://www.cambodiadaily.com/news/eviction-protesters-block-phnom-penh-international-airport-26147/
Tourist arrivals up 18 per cent
International tourist arrivals soared nearly 18 per cent in the first quarter in this year compared to the same period the year before, according to data from the Ministry of Tourism. The ministry’s official statistics report showed that Cambodia received 1,172,072 tourists in three-month period, compared ...
http://www.phnompenhpost.com/2013052365790/Business/tourist-arrivals-up-18-per-cent.html
Cambodia Plantations Not IFC’s First Controversy
In the wake of a new report from environmental rights group Global Witness rebuking the World Bank’s International Finance Corporation (IFC) and Deutsche Bank for investing in rubber plantations accused of illegal logging and forced evictions, both institutions have denied responsibility and deflected the blame ...
http://www.cambodiadaily.com/news/cambodia-plantations-not-ifcs-first-controversy-23793/
Macau To Cambodia Route ‘In Negotiation’
A new air route may connect Macau and Cambodia this year, a move industry experts say would reduce travel costs in the region and reflects tourist interests in both destinations’ gambling industries. Several airlines are in contact with CAM, Macau International Airport Co, “seeking to launch ...
http://www.phnompenhpost.com/2013050865475/Business/macau-to-cambodia-route-in-negotiation.html
Arrivals of tourists up 20 per cent
Arrivals at the Kingdom’s two main international airports rose more than 20 per cent year on year in the first quarter of 2013, according to data from Cambodia Airports. Officials said the rise reflects the normalisation of the world economy and the country’s political stability. According ...
http://www.phnompenhpost.com/2013042965288/Business/arrivals-of-tourists-up-20-per-cent.html
Cambodia’s Conglomerate in talks to buy communications satellite from China
Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...
Cambodia Airports Comes Under Attack by a Former Executive
Philippe Laurent became secretary-general of Cambodia Airports in May 2008. He was one of six senior executives in charge of the country’s international airports in Phnom Penh, Siem Reap and the little-used facility in Sihanoukville. Mr. Laurent is now carrying out a one-man campaign against ...
http://www.cambodiadaily.com/selected-features/cambodia-airports-comes-under-attack-17727/
Korean tourist numbers hold steady despite regional fears
Despite current tensions between North and South Korea, Cambodia’s tourism minister said yesterday that the number of tourists from South Korea to the Kingdom had not dropped. [Minister of Tourism Thong] Khong said that so far there appears to be nothing to worry about. “There are ...
Isuzu distributor opens showroom near airport
K (Cambodia), an authorised dealer of Isuzu Motors, opened a new showroom near Phnom Penh International Airport yesterday that will be the cornerstone for Isuzu Motors’ planned long-term investment in the Kingdom, a K (Cambodia) official said. “The new showroom for Isuzu vehicle is to serve ...
Rosewood trade must stop: PM
Prime Minister Hun Sen has called on Thailand, Vietnam, Myanmar and Laos to help curb the illegal trade in rosewood after Cambodia’s bloodiest year yet for logging-related border shootings. Speaking to reporters at Phnom Penh International Airport after the premier returned from a two-day meeting ...
http://www.phnompenhpost.com/2013031461944/National/rosewood-trade-must-stop-pm.html