ការអភិវឌ្ឍ និងការគ្រប់គ្រងទីក្រុង
Oil refinery to be built
Construction on a US$2 billion oil refining plant, the Kingdom’s first, will start in April, according to officials close to the project. The plant, which will be built on 365 hectares across Kampot and Sihanoukville provinces and is expected to be completed in 2014, is a ...
http://www.phnompenhpost.com/index.php/2011120553135/Business/oil-refinery-to-be-built.html
Group angered after Thailand says it will not oppose dam
An environmental group yesterday criticized Thailand’s announcement last week that it would not oppose Laos’ proposal to build the first Lower Mekong dam at the upcoming Mekong River Commission (MRC) meeting, as long as Laos addresses the dam’s environmental impacts. Water and environment ministers from Cambodia, ...
ClickNet looks to have signed off
A closed sign hung on the door of ClickNet’s Phnom Penh office during business hours yesterday, and the internet service provider’s Siem Reap office had also reportedly closed. ClickNet’s internet service has been down in Siem Reap since Monday, Thaddée Bechtold, CEO at internet technologies firm ...
http://www.phnompenhpost.com/index.php/2011120253097/Business/clicknet-looks-to-have-signed-off.html
Chinese bank launches branch in Phnom Penh
The Industrial and Commercial Bank of China (ICBC) launched its first branch in Cambodia yesterday, bringing the total number of commercial banks in the country to 30. Speaking at the inauguration of the branch in Phnom Penh, Finance Minister Keat Chhon made an appeal to ICBC ...
Environmental group calls for halt of Laos' Mekong Dam
Environmental Group World Wildlife Fund yesterday called on the four member governments of the Mekong River Commission (MRC) to shelve Laos’ proposal to build the first Lower Mekong River hydropower dam when the countries meet next week in Siem Reap province. Las has planned numerous dams ...
Four protesters charged as lake clashes persist
The Phnom Penh Municipal Court yesterday charged four female Boeng Kak lake residents with insulting police and obstructing public officials during a protest that turned violent on Monday. Earlier in the day, dozens of residents were blocked by riot police from leaving the lake area, ...
Students raise concerns over Mekong dam
Hundreds of students attending a forum yesterday on plans of regional governments to develop hydropower dams on the Mekong River expressed concern over the river’s future, and they urged the governments to abandon the projects or proceed with caution. The forum in Phnom Penh was the ...
No consultation as government develops new urban planning policy
The Ministry of Land Management and Urban Planning announced yesterday that it will soon complete a new draft sub-decree that aims to guide and regulate urban development in towns and cities. Land and human rights groups, however, criticized the ministry for failing to consult them on ...
Police detain hotel unionists
Police detained two unionists and broke up a protest in Siem Reap province yesterday where workers demanded the owners of the Angkor Village Hotel and Resort respect a court decision ordering them to reinstate 67 workers. On October 26, Siem Reap Municipal Court ruled that the ...
Smuggled rosewood seized from soldiers
Forestry Administration officials yesterday said they confiscated 1.34 cubic meters of smuggled rosewood from RCAF soldiers even after a lieutenant colonel held a pistol to one of their heads in the hope of scaring them off. Tea Kimsoth, head of the administration’s Siem Reap cantonment, said ...
Criminal gang targeting ATMs in Cambodia
A group of highly organized criminals have been installing devices into ATMs around Cambodia capable of copying card details and stealing thousands of dollars of cash from customer bank accounts. Canadia Bank and ANZ are among the banks that have been targeted by the gang, who ...
Sihanoukville Port uncompetitive ahead of listing
Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...
Japanese oil firm plans Cambodian operations
JAPAN Oil, Gas and Metals National Corporation has started preliminary surveying as the sole operator in Cambodia’s Block 17 onshore oil field, a 6,500 square-kilometre area of hilly forest in Kampong Thom, Preah Vihear and Siem Reap provinces, according to an Environmental Impact Assessment (EIA) ...
Insurers hit with few flood claims
The number of flood-related insurance claims has been fewer than expected despite the Kingdom’s worst flooding in a decade, industry insiders say. Although the floods, which began in late August, had affected large sections of the country, few claims had been made, Infinity Insurance chief executive ...
Ministry suspends verdict
The Ministry of Justice has ordered authorities in Preah Sihanouk province to suspend enforcement of a Supreme Court verdict issued in connection with a land dispute between 70 families and an official from the Sihanoukville Autonomous Port. On October 28, the Supreme Court granted a land ...
Three special economic zones gaining steam
Five years after the government established the country’s special economic zones (SEZs), the Phnom Penh SEZ, Sihanoukville II SEZ, and Manhattan SEZ in Svay Rieng province are at last starting to attract more business. According to data from the Council for the Development of Cambodia (CDC), ...
Dene-Hern Chen, p.25
Private firms plan CSX IPOs
A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...
http://www.phnompenhpost.com/index.php/2011110352509/Business/private-firms-plan-csx-ipos.html
New flights to Myanmar after delay
Myanmar Airways International (MAI) is slated for a November 2 launch of bi-weekly flights between Phnom Penh and Myanmar’s economic hub and former capital, Yangon, Cambodian Aviation officials said yesterday. The flights – on 162-seat A320 jets – will transfer in Siem Reap before continuing on ...
New carriers to service Kingdom
Two new Asian airlines will begin regular flights to Cambodia this winter in an airlines sector increasingly dominated by regional passengers, a Cambodia Airports official said on Friday. Tiger Airways, a Singapore-based airline, will operate daily A320 flights between Singapore and Phnom Penh and Singapore and ...
Villagers block national road
Nearly 100 residents from about 50 families in Sihanoukville town’s commune 1 blocked National Road 4 yesterday to protest against a Supreme Court verdict ordering their eviction on Friday in favour of a local official ...
Union lands court KO
In a landmark ruling, the Siem Reap Municipal Court yesterday ordered a luxury hotel to reinstate 67 sacked workers – a legally binding decision that unionists have hailed as a great moment for the judicial system. The decision comes after more than two months of protests, ...
http://www.phnompenhpost.com/index.php/2011102752392/National-news/union-lands-court-ko.html
Property prices remain flat in Phnom Penh
Despite signs that demand is starting to come back to the real estate sector, an oversupply in the market has kept prices for commercial and residential properties in Phnom Penh flat over the past 12 months, according to data from Bonna Realty Group. Prices for commercial ...
Cambodia Security Exchange to begin trading early next year
Cambodian Deputy Prime Minister and Minister of Economy and Finance H.E Keat Chhon said Cambodia Security Exchange (CSX) will begin trading from January 2012. Inaugurated in July, the CSX would be put on hold until next year because some rules and regulations have been being discussed ...
Phnom Penh orders rice sell-off to fight price gouges
City Hall coordinated the release of 120 tons of rice in cooperation with the state-run Rural Development Bank yesterday to keep prices in the city stable amid reports that vendors were using the current floods to gouge customers. Last week, Prime Minister Hun Sen said the ...