Phnom Penh Port Shifts Focus to Cruise Boats
With a new Chinese-built container port on the Mekong River in Kandal province now operational, the existing port in Phnom Penh is undergoing renovations to shift its focus to the growing number of cruise ships docking in the capital, an official said yesterday.
Eang Veng
Investment law to be revised
The government is planning to revise the Kingdom’s investment laws this year to draw more foreign direct investment as the country adjusts to the fast-changing regional and global landscapes, according to Secretary General of the Council for the Development of Cambodia (CDC) Sok Chenda Sophea.
Speaking
http://www.phnompenhpost.com/2013030861826/Business/investment-law-to-be-revised.html
Cambodia, Vietnam telecoms jointly launch Super Highway Network
State-owned Telecom Cambodia (TC) and Vietnam Telecom International (VTI) on Friday jointly launched Super Highway Telecom Network in order to improve Internet and telecom services in Cambodia and to meet customer’s demands, said a joint press release.
The 260-kilometer super highway link connects VTI’s POP (Point
http://news.xinhuanet.com/english/world/2012-04/20/c_131541368.htm
Japan Assists Cambodia To Formulate Industry Policy To Woo Investments
Japan, the most experienced country in the industrial sector, has cooperated with Cambodia, aiming at enhancing Cambodia’s industrial policy better to attract more investments, especially the Japanese investors who have kept an eye out on Cambodia over the last several years.
The workshop under the theme: Towards the Cambodia’s Industrial Policy, was conducted On April
National Police Site Hacked, Defaced by Mystery Group
The website of the Cambodian National Police was hacked and defaced yesterday by a mysterious group apparently attempting to challenge the website’s security measures.
For part of the morning, visitors to the police.gov.kh site were greeted by singing in Arabic and an image of four Guy
Evicted M’kiri Families Can’t Afford Trip Home
Some of the 200 families evicted from a village in Mondolkiri province’s Koh Nhek district last week said yesterday that they were taking up temporary residence in nearby villages and forests because they could not afford to go home, or had no land to return
Varying Degrees of Progress Shown in Development Report
The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday.
Speaking at the launch
Russian border guards seize vessel flying Cambodian flag off coast of Primorye
The coastal guard has seized a fishing vessel flying the flag of Cambodia off the cost of Primorye, the press service for the Border Guard Department of the Federal Security Service for the Primorye Territory has reported.
The vessel Anteus (registered in Cambodia, owned by the
Cambodia's Mfone ordered to repay $3.7M debt
Norway-based Eltek Valere has won a court injunction against Mfone, the Cambodian mobile subsidiary of SET-listed satellite operator Thaicom, for its failure to pay outstanding service charges.
According to The Bangkok Post on Monday, citing court documents, the Phnom Penh Municipal Court ruled in favor of
http://www.zdnet.com/cambodias-mfone-ordered-to-repay-3-7m-debt-7000006879/
Cambodia says LDCs need more time for service industries
Cambodia is aiming to persuade all of the World Trade Organization’s (WTO) least developed country members to propose a further suspension of the opening of their service sectors to the WTO’s rich members as the 2013 deadline for the proposal draws nearer.
The least developed countries
Vietnam, Cambodia strengthen cross border trade
The Ministry of Industry and Trade (MIT), in conjunction with the Cambodian Ministry of Commerce, held the 5th Conference on Vietnam-Cambodia Border Trade Development Cooperation in southern Binh Phuoc province on January 9.
According to Minister of Industry and Trade Vu Huy Hoang, bilateral economic
Qatar Airways ready to launch daily flights to Cambodia's capital
The Doha-based Qatar Airways will operate its daily flights from Doha to Phnom Penh, the capital of Cambodia, from Tuesday, Cambodia’s tourism minister Thong Khon said Monday.
“Tomorrow (Tuesday), the airline will launch daily flights from Doha to Phnom Penh via Ho Chi Minh City, Vietnam,”
Anti-Graft Unit to Give Telecom Staff Anti-Corruption Education
The Anti-Corruption Unit (ACU) has ordered staff at Telecom Cambodia to attend a meeting today in order to “educate” them about the country’s Anti-Corruption Law after they made graft allegations and held demonstrations against the firm’s director-general Lao Sarouen earlier this month, Minister of Posts
Mfone Profits Cut in Half in First Quarter
Thaicom Public Company Ltd., which owns a majority stake in local phone operator Mfone, announced on Friday that they have devalued the company by about $1.31 million as profits in the first quarter dropped by half.
“In an effort to reflect the fair value of its
Cambodia ripe for more exports
Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday.
Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had
http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html
Men Sarun to export canned noodles to the US and ASEAN
The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official.
The new machines will be delivered from China and will be able to produce 6,000 cases or
Cambodia's export growth falls
Increased labour strife in the garment sector and slumping Western economies contributed to a slow-down in Cambodia’s exports during the first six months of the year, with total growth dropping by about 74 per cent year on year.
Exports rose, to US$2.5 billion, up 12 per
http://www.phnompenhpost.com/index.php/2012072357550/Business/export-growth-falls.html
Carlsberg for Better Beer Promoter Working Conditions in Cambodia
Women sales promoters working in bars in Cambodia are occasionally exposed to harassment by customers varying from being coerced into drinking and in some cases, being subjected to sexual abuse.
Cambodia Carlsberg Group and The Danish Confederation of Trade Unions (LO) have joined forces in a
http://www.scandasia.com/viewNews.php?coun_code=dk&news_id=11060
VimpelCom may sell units in Africa and Asia
Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment
Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports.
The Financial Times newspaper says that the operator
http://www.rethink-wireless.com/2012/10/30/vimpelcom-sell-units-africa-asia.htm
Alleged rosewood loggers shot dead by Thai troops
Three Cambodians were shot and killed early on Saturday morning after engaging in a firefight while illegally logging along the Thai border, officials said yesterday.
The three are believed to have been shot after crossing from Battambang’s Samlot district into Thai territory while logging luxury rosewood
“The
