សេដ្ឋកិច្ច និងពាណិជ្ជកម្ម
Telco regulator launched
The Ministry of Post and Telecommunications officially launched the Telecommunication Regulator of Cambodia (TRC) yesterday in an attempt to establish laws to control, and resolve conflicts among, telecoms operators. Post and Telecommunications Minister So Khun said the TRC’s establishment supported other regulations for managing conflicts among mobile ...
Vinci sees more airport opportunities
French construction and concessions group Vinci expects to see considerably more opportunities to acquire airport concessions in the next two years, its chief executive said on Thursday Vinci’s concessions unit, the operator of nine regional airports in France and Cambodia’s three main airports, is keen on ...
http://www.reuters.com/article/2012/09/20/vinci-acquisitions-idUSL5E8KK43020120920
China ASEN Expo starts on Friday
Minister of Commerce Cham Prasidh and 100 Cambodian companies are set to represent the Kingdom at the 9th China-ASEAN Expo in Nanning, China, which starts tomorrow, according to officials. The expo will include representatives from all 10 ASEAN countries and China itself. Cambodian officials will seek ...
Koomkin bank takes Camko City to court
The foreign commercial arbitration case between South Korean Kookmin Bank and World City Asset Management and World City, two real-estate development firms, has been received by the Cambodian Court of Appeals. World City Asset Management received a loan from Kookmin bank in Korea in 2007 to ...
Train supply agreement signed
Toll Royal Railway signed an agreement yesterday afternoon with companies that will supply locomotives and parts for Cambodia’s railway network. As a result of the agreement, international tenders will be called in the coming months for the procurement of up to four new 2,000-horsepower locomotives and ...
http://www.phnompenhpost.com/index.php/2012092058822/Business/train-supply-agreement-signed.html
Thousands of Families Evacuated Due to Floods
More than 3,100 families have now been evacuated from their homes as flooding spreads in Banteay Meanchey province, the deputy head of the National Committee for Disaster Managment (NCDM) said yesterday. About 3,000 of those families have been evacuated from Poipet City alone, and another 148 ...
ADB presents progress on its flood rehabilitation project
The Asian Development Bank (ADB) is pushing forward with the US$67 million flood reconstruction project aimed at rebuilding roads,bridges and irrigation systems hit by the devastating high waters of 2011, improving the nation’s infrastructure and providing livelihoods to people in six severely affected provinces, according ...
Vietnamese Arrested With Illegal Wood Off Coast
Four Vietnamese nationals were arrested off the coast of Preah Sihanouk province Tuesday for allegedly smuggling illegally cut wood from the neighboring province of Koh Kong, officials said yesterday. Sak Sovann, crime unit chief for the Interior Ministry’s maritime border police department, said the four men ...
Experts say ASEAN connectivity needs private sector involvemnt
While the planned launch of the ASEAN Economic Community is fast approaching, establishing good connectivity between member states to ensure a free flow of goods and services is a real challenge and needs more involvement from the private sector. That was the message delivered by Cambodian Foreign ...
Prey Long Forest Patrol Ends With Huge Illegal Wood Haul
The Prey Long People’s Network yesterday said it found 121 cubic meters of cut wood and seven chainsaws belonging to illegal loggers after a coordinated patrol across four provinces that was prematurely aborted due to heavy rains. In a statement, the community group said it discovered ...
Bad weather affects border trade, seafood prices
Thailand’s border trade at Chanthaburi has dropped by half due to the heavy rain in many eastern provinces, while erratic changes of weather in the southern provinces has caused the increased price of seafood. Thai-Cambodian Business and Tourism Association vice chairman Sombat Juengtrakul said that ...
http://www.pattayamail.com/business/bad-weather-affects-border-trade-seafood-prices-16869
Heineken nears Tiger beer deal after truce with rival
Dutch brewer Heineken NV took a major step towards winning control of the Tiger beer brand and an Asian brewing network on Wednesday after a Thai rival accepted the deal When F&N’s board accepted Heineken’s improved offer of S$53 per APB share, the deal included a ...
http://www.reuters.com/article/2012/09/19/asiapacificbreweries-offer-heineken-idUSL4E8KI5D320120919
FRANCE 24 now on DTT in Cambodia
FRANCE 24 has concluded a new distribution agreement in Cambodia and launched on ONE TV’s Digital Terrestrial Television (DTT) offer. FRANCE 24, French version, is now available 24/7 on channel 19 of the ONE TV basic offer, for 3 dollars per month (2,29 Euros). FRANCE 24 is ...
http://www.mediamughals.com/News/1/1/Article/10692/FRANCE_24_now_on_DTT_in_Cambodia.htm
Watch TV while you drive
A new marketing strategy has reached Phnom Penh’s streets, enabling companies to introduce their products on a moving TV screen. New Color Communications, a company started by Kim Seong Bomb, instals TV screens on the back of tuk-tuks that show a series of one-minute advertisement clips. ...
http://www.phnompenhpost.com/index.php/2012091958784/Business/tuk-tuk-tv-to-get-commercials.html
Journalist and forestry officer released in deal
A local journalist and a forestry officer who were arrested by military police forces in Kratie province last week for beating a man and firing a gun into the air were released on Monday as part of a compromise between the victim and his attackers. Srey ...
Luxury Hotel Resort Threatens Bokor Mountain's Biodiversity
An ongoing project to build hotels, luxury villas and a casino on Kampot province’s Bokor Mountain is a threat to the area’s unique animal and plant species, according to two new studies. Local conglomerate Sokimex Group has been granted property development rights on the entire mountain, ...
Construction sector investment soars
Investment in the Cambodian construction sector reached US$1.38 billion in the first seven months of 2012, an 85-percent rise over the same period last year, according to figures from the Ministry of Land Management, Urban Planning and Construction. During the January to July period this year, the ministry ...
Court to Summon Witnesses in Journalist's Killing
The Ratanakkiri Provincial Court will soon summon a number of people for questioning in its investigation into the brutal murder of journalist Hang Serei Odom earlier this month, a court official said yesterday. Former military police Captain An Bunheng and his wife, Sim Vy, were ...
Tobacco lost to smuggling, survey shows
Government data show that significant amounts of tobacco are being smuggled out of the country each year, health and economics experts said yesterday. A national tobacco survey from 2011, the exact numbers of which remain confidential, shows that more tobacco is produced in Cambodia than is ...
Brown rice standards are being promoted
Cambodian officials have begun to raise awareness on the forthcoming government issued standards for Cambodian milled brown rice, in an effort to guage reactions ahead of the official approval by the National Standards Board, according to officials. The official approval, aimed at promoting brown rice in ...
Changing a culture of impunity
Despite the recent spate of high-profile arrests and deportations, analysts, attorneys and civil society groups are divided on whether the Kingdom is finally beginning to live down its reputation as a haven for the fugitives and criminals who have long been drawn to the country ...
Don't Envy the Chinese, Gov't Tells Europe
The commerce minister yesterday urged European businesspeople in Phnom Penh to invest more in Cambodia and not to envy the Chinese firms now dominating the foreign investment scene. Speaking at the gathering of the European Chamber of Commerce in Cambodia, Minister of Trade and Commerce Cham ...
Inflation rises 1.3 percent
Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...
Thais eye 2001 Gulf blueprint
Cambodia and Thailand yesterday reiterated their commitment to restart negotiations over an expansive and resource-rich section of the Gulf of Thailand known as the Overlapping Claims Area – but the two countries have yet to set a date for the talks. In 2001, officials from ...