ថាមពល

Kingdom, Japan to ink $33.9m grant today

Cambodia will sign a $33.9 million grant aid today from the Japanese government to support various small hydropower dam projects, improve a hospital and update resources of a university, according to a press release from the Ministry of Foreign Affairs. ...

http://www.phnompenhpost.com/2013032164548/Business/kingdom-japan-to-ink-33-9m-grant-today.html

Japan to provide Cambodia with nearly 34 mln USD grant aid

Cambodia will sign to receive 33.9 million U.S. dollars in grant aid from Japan for three projects in small hydropower dams, healthcare and education, according to a news release from Cambodia’s foreign ministry on Monday. ...

http://english.peopledaily.com.cn/90777/8172378.html

Thailand, Cambodia mull joint business, trade body

Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...

http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289

World's largest freshwater fish threatened

The 16th Conference of Parties of the Convention on International Trade in Endangered Species (Cites) has brought thousands of delegates from over 150 countries to Bangkok to discuss cross-border cooperation, sustainable use of biodiversity and transnational endangered species issues. Construction has already begun on the ...

http://www.bangkokpost.com/opinion/opinion/340170/mekong-dams-threaten-world-largest-freshwater-fish

Villagers pin big hopes on little dam

In the past four years, families in Anlong Chrey village, in Kampong Speu provinces’s Thpong district, have watched a small multipurpose dam being built at their back doors. For village chief Soung Pao, 59, who gave up two hectares for the dam – one of ...

http://www.phnompenhpost.com/2013031361911/National/villagers-pin-big-hopes-on-little-dam.html

ASEAN countries agree to greater economic cooperation

Senior representatives for Cambodia, Laos, Myanmar, Vietnam and ASEAN met here Tuesday and issued a joint statement highlighting their agreement to forge stronger mutual investment, trade, transport and scientific cooperation links. The joint statement was released at the conclusion of the 6th annual Cambodia-Laos-Myanmar-Vietnam (CLMV) Summit, ...

http://news.xinhuanet.com/english/business/2013-03/12/c_132228469.htm

Upstream Dams, Downstream Trouble

As examples, Laos broke ground on a new Mekong River dam that’s causing concern bordering on fury in Cambodia and Vietnam. India is enraged about a new Chinese dam going up on the Brahmaputra River. And Ethiopia’s new dam on the Nile is angering Sudan, ...

http://www.hydroworld.com/news/2013/03/12/upstream-dams-downstream-trouble.html

At Fuel Pumps, Price and Quality Are Anybody’s Guess

PHNOM PENH – Cambodia imports all of its fuel from abroad, but little regulation in the sector means everyday Cambodians see all kinds of prices at the pumps. Prices are high in Phnom Penh, while sometimes cheaper on the outskirts of the capital and even ...

http://www.voacambodia.com/content/at-fuel-pumps-price-and-quality-are-anybody-guess/1619374.html

Chinese Firms Foresee Industrial Hub in Preah Vihear

Preah Vihear province – The residents of this sleepy district, on the edge of the Boeng Per Wildlife Sanctuary, grow rice, cassava and cashew nuts. But in a few short years, Chinese investors envisage that Rovieng will be rapidly transformed into an industrial town. ...

http://www.cambodiadaily.com/selected-features/chinese-firms-foresee-industrial-hub-in-preah-vihear-14132/

Blackouts leading to reduced production

Frequent power outages in Phnom Penh, a result of a shortage of supply and overuse by consumers, is harming the competitiveness of Cambodian products, industry insiders said yesterday. In addition to the challenges of expensive electricity prices, an ongoing issue for production costs, unreliable supply during ...

http://www.phnompenhpost.com/2013030761800/Business/blackouts-leading-to-reduced-production.html

Going black before going green

HIDDEN in the labyrinth of Stung Meanchey province’s factories, the Sustainable Green Fuel Enterprise (SGFE) found a cleaner way to produce charcoal: from coconut shells and industry leftovers. It is still one of the principal sources of energy for cooking in urban areas. Chief Executive Carlo ...

http://www.phnompenhpost.com/2013030661774/Business/going-black-before-going-green.html

New palm oil plant for $16m

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...

http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html

Report shows lack of information on Chinese-Funded Railway

With locals demanding dialogue with the Chinese firms behind a proposed multibillion dollar rail line to Preah Vihear province, an NGO report released yesterday highlights the dearth of information that has been made available on the project. Chinese company Cambodia Iron Steel Mining Industry Group (CISMIG) ...

http://www.cambodiadaily.com/news/report-shows-lack-of-information-on-chinese-funded-railway-12723/

Protests Over Mondulkiri Electricity Prices Resume

About 100 residents of Mondulkirri province’s Sen Monorom City have protested yesterday for the third time in the past 2 weeks in front of the provincial office of state electricity provider Eletricite du Cambodge (Edc), demanding that their electricity be decreased. Vann Neang, who ...

http://www.cambodiadaily.com

Japan to strengthen local SME’s capacities

The Japan International Cooperation Agency (JICA) announced yesterday that it will provide technical support for Cambodian small and medium-size enterprises (SMEs), strengthening their capacities through the establishment of a national policy, officials said. Meng Saktheara, director-general of the General Department of Industry at the Ministry of ...

http://www.phnompenhpost.com/2013030561745/Business/japan-to-strengthen-local-sme-s-capacities.html

Recent Development and Economic Outlook

The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...

http://www.cambizreview.com/

Charcoal prices rise in urban areas

Deforestation and Cambodia’s strong economic growth have resulted in an increase in the price of charcoal, an energy source the poor are dependent on, charcoal vendors say. The price of charcoal in Phnom Penh had increased at least 200 riel ($0.05) a kilogram compared to 2012, charcoal ...

http://www.phnompenhpost.com/2013022661597/Business/charcoal-prices-rise-in-urban-areas.html

PM Hun Sen ushers in new dam

Prime Minister Hun Sen on Saturday inaugurated the third in a string of six Chinese-funded hydropower dam projects, offering lavish praise for the superpower as he officially opened the $47 million Kirirom 3 dam in Koh Kong. “I am really pleased for the new ...

http://www.phnompenhpost.com/2013022561590/National/pm-hun-sen-ushers-in-new-dam.html

Fracking a problem for SE Asia

Impoverished countries hoping to strike it rich by developing their limited oil and gas reserves are being urged to move quickly or risk having their expectations clipped by fracking, which is depressing market prices while adding life to fields once thought exhausted. The ...

http://www.phnompenhpost.com/2013022561573/Business/fracking-a-problem-for-se-asia.html

Hun Sen says Hydropower Is the Key to Stable Electricity Prices

Cambodia’s focus on hydropower will reduce its independence on oil and ensure nationwide access to electricity at a stable price, Prime Minister Hun Sen said in a speech Saturday during the inauguration of a $47.1 million hydropower dam in Koh Kong province. However environmental groups ...

http://www.cambodiadaily.com

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