ថាមពល

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

Hun Sen Says Chinese Companies Not Favored, Just Served

Prime Minister Hun Sen yeserday lauded his government’s strong ties with China but said Cambodia does not give Chinese any preferential treatment. Mr. Hun Sen was speaking at the inauguration of the $47.1 million Kirirom III hydropower dam in Koh Kong province’s Sre Ambel District- constructed ...

http://www.cambodiadaily.com/news/hun-sen-says-chinese-companies-not-favored-just-first-served-11585/

Government Has 13 Payment Guarantees for Energy Projects

A CPP lawmaker said yesterday the government has signed 13 payment guarantees to companies constructing coal-fired power plants and hydropower dams in the country, a move that an Asian Development Bank (ADB) official reiterated was risky for the country’s fiscal future. CPP lawmaker Cheam Yeap said ...

http://www.cambodiadaily.com/news/government-has-13-payment-guarantees-for-energy-projects-11377/

Senate Oks Sesan Dam Payment Deal

After a 60- minute debate, the Senate on Friday voted in favour of a payment guarantee for the private companies constructing the controversial Lower Sesan 2 dam in Stung Treng province. At the Senate session, 43 out of 48 senators voted to approve the deal which ...

http://www.cambodiadaily.com

Regional Bank, IMF Note Risks to Government's Dam Guarantee

The government’s guaranteed bailout of major infrastructure projects, such as the future 400-megawatt hydropower dam in Stung Treng province, requires a thorough assessment of forecasted risks – a capacity which the government currently does not possess, an Asian Development Bank (ADB) official said yesterday. Speaking on ...

http://www.cambodiadaily.com/news/regional-bank-imf-note-risks-to-governments-dam-guarantee-11269/

Move to lift energy efficiency in Cambodia

A national energy efficiency policy is currently in development, officials told the Post last week. Experts at the Ministry of Industry, Mines, and Energy (MIME) and the multi-donor fund EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) are in discussions about details of the policy, ...

http://www.phnompenhpost.com/2013022061465/Business/move-to-lift-energy-efficiency-in-cambodia.html

CPP Promises Oversight on Royal Group's Dam

The government has promised to monitor the progress of local conglomerate Royal Group in its implementation of a $781 million dam project in Stung Treng province, that has been guaranteed by the government, CPP lawmaker Cheam Yeap said yesterday. Mr. Yeap said yesterday that the ...

http://www.cambodiadaily.com

About 100 Protest Electricity Prices in Mondolkiri

About 100 residents of Mondolkiri province’s Sen Monorom City protested outside the provincial hall on Monday, demanding that local authorities reduce the price of electricity in the city, officials said yesterday. Choeng Sochantha, director of the provincial administration office, said the protestors demanded that the price ...

http://www.cambodiadaily.com

Corporate: China powers its way through Cambodia

In the hilly wilderness across southwestern Cambodia, the foundations of the country’s strengthening bonds with China are taking root. It is there that large dams supported by Chinese money are being built to literally bring the impoverished Southeast Asian nation out of darkness. The largest of ...

http://www.hydroworld.com/news/2013/02/18/corporate-china-powers-its-way-through-cambodia.html

Questions follow on heels of hydropower dam Sesan 2 vote

Villagers near the Sesan River in Stung Treng province are a step closer to being forced to make way for a hydropower dam following a National Assembly vote on Friday, but they are no closer to learning the details of such a move, a community ...

http://www.phnompenhpost.com/2013021861415/National/questions-follow-on-heels-of-sesan-2-vote.html

Sesan Dam Law Approved

Cambodia’s parliament on Friday approved a law providing financial guarantees for the developers of a planned hydropower dam on a Mekong River tributary, despite opposition from civil society groups seeking to delay the project. Villagers campaigning against the Lower Sesan 2 dam in northeastern Cambodia’s Stung ...

http://www.rfa.org/english/news/sesan-02152013182113.html

Oil prices hit all-time high in Cambodia

Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...

http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm

Villagers Petition Against Dam

Ethnic minority villagers expecting to be displaced by a proposed Chinese-built hydroelectric dam in northeastern Cambodia are asking the country’s parliament not to approve a law providing financial guarantees for the project. Villagers living along three rivers that will be affected by the dam spoke ...

http://www.rfa.org/english/news/cambodia/villagers-02142013163955.html

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