Phnom Penh villas declining
For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline.
The stock of villas is decreasing, due to the demolition and
http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html
NGOs ask ASEAN to address Xayaburi
Several groups are calling for the ASEAN summit to address the regional discord caused by the Xayaburi dam, which Laos began constructing earlier this month despite opposition downriver from neighbours Cambodia and Vietnam, as well as from conservation groups.
On Friday, the Rivers Coalition in Cambodia
Four feared dead in Cambodia dam accident
According to Veal Veng district police chief Theang Leng, the incident occurred on Saturday afternoon, apparently after heavy water pressure caused part of the Stung Atay dam’s reservoir to collapse.
“Four people are missing. We fear they have drowned but this is not sure yet,” he
http://www.abc.net.au/news/2012-12-03/an-cambodia-dam/4403764
Cambodia-China ties in trade, investment, tourism look better: commerce minister
The ties between Cambodia and China in trade, investment and tourism have steadily grown from year to year thanks to good relations between the two countries, Cambodian Minister of Commerce Cham Prasidh said Tuesday.
“China is one of our key trading partners. The two-way trade volume
Cambodian milled rice exports rise slightly
Cambodian milled rice exports to international markets grew only 2 per cent year-on-year, leading rice trading experts to express concern that the goal of exporting a million tonnes in 2015 cannot be accomplished.
Hean Vanhorn, deputy director general of the Ministry of Agriculture and director of
http://www.phnompenhpost.com/2013010360602/Business/cambodian-milled-rice-exports-rise-slightly.html
Cambodia greets 3.2 mln foreigners in Jan.-Nov. 2012
Cambodia has greeted some 3.2 million foreigners in the first eleven months of 2012, up 24 percent compared with 2.58 million visitors in the same period a year earlier, showed the latest statistics of Tourism Ministry on Thursday.
From January to November last year, Vietnam topped
http://news.xinhuanet.com/english/world/2013-01/03/c_132077998.htm
Australia Courted for Further Railway Funding
The government has asked Australia to provide more funding to help complete the rehabilitation of the dilapidated railway line between Phnom Penh and the Thai border, a spokesman said yesterday.
Foreign Affairs Minister Hor Namhong met with Lieutenant General John Sanderson, former chief of the Australian
http://www.cambodiadaily.com/business/australia-courted-for-further-railway-funding-9422/
Naga Corp Reports 23 Percent Profit Growth
NagaCorp Ltd., the Hong Kong-listed company that runs Phnom Penh’s only licensed casino, saw its profits grow by 23 percent in 2012, the firm said in an announcement.
In its financial results for the year, released Wednesday to the Hong Kong stock exchange, the company that
http://www.cambodiadaily.com/business/nagacorp-reports-23-percent-profit-growth-9646/
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
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
