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Angkor Air to start flights to Sihanoukville in December
The national carrier Angkor Air will launch a regular flight service on December 14 between Siem Reap and Sihanoukville, said Quang Dinh, assistant to the CEO of Cambodia Angkor Air, yesterday This will be the first time that Sihanoukville, the nation’s main coastal destination, will receive ...
Hongkong Land plans to break ground in 2012
Hongkong Land, one of Asia’s largest property investment companies, plans to have excavators move in on one of its four properties in Phnom Penh’s Daun Penh district that it bought earlier this year, according to an official at the company. John Brinsden, country adviser for Jardine ...
Education overhaul needed to grow economy
Cambodia’s education sector needs a complete overhaul in order to reduce unemployment and successfully diversify the economy beyond garment manufacturing, according to a World Bank report released today. The report’s release came after investors and economists said at a trade and investment conference in Phnom Penh ...
Floods force GDP revision
Cambodia has lowered its economic growth projection from 7 to 6 per cent for 2011 after more than a month of flood devastation in the Kingdom and continued economic turmoil in the United States and Europe, Deputy Prime Minister Keat Chhon said yesterday. The full impact ...
http://www.phnompenhpost.com/index.php/2011101252083/Business/floods-force-gdp-revision.html
Rare giant ibis loses habitat
The latest in a series of land concessions granted in protected forests has cut nearly 10,000 hectares from Cambodia’s largest wildlife sanctuary – home to the Kingdom’s critically endangered national bird, the Giant Ibis. A September 7 sub-decree, released on Monday evening, reclassified 9,237 hectares of ...
Mass strike ended by Arbitration Council
MORE than 4,000 workers ended a four-day strike outside the M&V factory in Kampong Chhnang province yesterday after the Arbitration Council intervened, issuing an order for them to return to work. The workers, led by the Free Trade Union of Workers in the Kingdom of ...
Hotel dispute headed for Siem Reap court
UNION officials fired another volley in their battle against a hotel yesterday by announcing that they would file a complaint today with a Siem Reap court, as their protests continued to draw unwanted attention to the tourist town. The Cambodian Tourism and Service Workers Federation complaint ...
Flood costs to surpass $100m
PERSISTENT flooding in several areas of the Kingdom could result in more than US$100 million worth of damage, the National Committee for Disaster Management said yesterday. Flood waters have killed 207 people since early September and forced more than 32,000 families from their homes, according to ...
http://www.phnompenhpost.com/index.php/2011101152037/Business/flood-costs-to-surpass-100mn.html
Officials ask for more info ahead of drilling
Environment Minister Mok Mareth yesterday asked China National Offshore Oil Corporation (CNOOC) to provide more details on the environmental impact of its project, though he said that exploration for oil and gas would likely begin later this month. At a meeting at the Ministry of Environment, ...
Government suspends Malaysia maids recruitment firm
Officials said yesterday that the government had suspended a recruitment agency in Kompong Chhnang province suspected of forcibly confining 45 women and that plans were underway to shut it down permanently. Police rescued the women, including 26 girls under the age of 18, who were training ...
EU raises concerns over human rights
Land evictions, poor prison conditions and the lack of an independent judiciary were among the concerns listed in the European Union’s 2010 review of human rights in Cambodia. According to the EU Annual Report on Human Rights and Democracy in the World in 2010, which charts ...
Luxury hotel ‘breaking law’
The Angkor Village Hotel and Resort is breaking the law by refusing to reinstate 67 sacked workers that the Arbitration Council ruled were unlawfully dismissed, Siem Reap’s deputy governor claimed yesterday. After attending a protest of hotel workers and supporters outside the hotel in Siem Reap ...
http://www.phnompenhpost.com/index.php/2011100651991/National-news/luxury-hotel-breaking-law.html
Polluters told to pay out
Government officials yesterday pointed to developing countries as the main culprits behind climate change and claimed such nations should provide the majority of finan-cing for protecting the Kingdom from the issue. “We are a victim of the problems of the rich,” Environment Minister Mok Mareth said ...
http://www.phnompenhpost.com/index.php/2011100651994/National-news/polluters-told-to-pay-out.html
Floods extend dengue season
Recent flooding has extended the dengue fever season this year, the National Dengue Control Program said on Tuesday. Officials added that more than 12,000 people, primarily children, had been hospitalised so far this year with the mosquito-borne infection. Dr Ngan Chantha, head of the NDCP, said “12,392 ...
http://www.phnompenhpost.com/index.php/2011100651987/National-news/floods-extend-dengue-season.html
Petroleum engineers to provide support to Cambodia
At a Sept 11 meeting between Deputy Prime Minister Sok An and Ganesh C. Thakur, President of the U.S.-based Society of Petroleum Engineers (SPE), plans were discussed about the SPE providing training and expertise for the Kingdom’s oil and gas sector, according to a statement ...
Carbon credit for Seima Area
A carbon credit project is in the works for the Seima biodiversity areas in Kartie and Mondulkiri provinces. During a meeting between Chan Sarun, Minister of Agricultural, Forestry and Fisheries and Colin Poole, Director of Asia Programs for the Wildlife Conservation Society (WLCS) on Sept ...
Cambodia needs about US$ 200 million annually for climate change adaptations
According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...
Mine concession sale planned in Ratanakkiri
Astra Resources, parent company of Australia’s Astra Mining, will finalise within two months the acquisition of a 222-square-kilometre gold concession in Cambodia’s Ratanakkiri province, the company announced yesterday. Astra, which listed on the Frankfurt Stock Exchange September 30, is aiming for large and speedy gold production ...
Thais to reconsider oil MoU
Cambodian officials yesterday welcomed statements from Thailand’s foreign minister that an all-important 2001 memorandum of understanding on the Overlapping Claims Area would most likely be renewed. Foreign Minister Surapong Towichukchaikul said the MoU would be sent to Thai Prime Minister Yingluck Shinawatra’s cabinet on October 18 ...
http://www.phnompenhpost.com/index.php/2011100551947/Business/thais-to-reconsider-oil-mou.html
Demand for city property slowly returning
Phnom Penh is making a comeback after years of sluggishness and weak demand in the property sector, real estate agents said. Rose Condominiums, a project in Chamkar Mon district consisting of eight 28 and 29-story towers holding more than 350 units, has already sold out ahead ...
Boeng Kak families sue - and sued by - government officials
Two-and-a-half weeks after excavators belonging to a CPP senator’s real estate firm demolished the homes of eight families fighting eviction from Phnom Penh’s Boeng Kak lake community, those families and the government officials charged with evicting them have taken their battle to court. A pair of ...
Maid agency raid rescues 22 women, girls
Following a raid on a Phnom Penh recruitment agency, military police yesterday detained two people and rescued 22 girls and women aged 13 to 25 who claimed they were being held against their will ahead of being sent to Malaysia to work as maids. Municipal military ...
Coordination of flood aid questioned
As floodwaters across the country remain high after almost two weeks of flooding, tens of thousands of families are still waiting in unsanitary comnditions for emergency supplies such as food and water. But while help trickles down to affected communities, aid groups have begun to question ...
Ongpin’s Atok buys Hong Kong company
Atok-Big Wedge Co. Inc., a listed company owned by the group of former Trade minister Roberto Ongpin, acquired Tidemark Holdings Ltd., a Hong Kong company that owns 25.9 percent of Forum Energy Plc, an oil and gas firm controlled by Philex Mining Corp. Atok-Big Wedge said ...