ព័ត៌មាន
Riviera project to begin in 2013
Canadia’s Bank’s futuristic $100 million Riviera project on Koh Pich Island will begin construction early in 2013, according to a company spokesman. Riviera project manager Chen Hok said that two 28-storey buildings and three buildings of 38 storeys will be built in early 2013, while they ...
http://www.phnompenhpost.com/index.php/Real-Estate/riviera-project-to-begin-in-2013.html
Forum talks up CLV development triangle
A Dak Lak province business forum late last week discussed measures to further promote investment in the Cambodia-Laos-Vietnam Development Triangle. About 300 delegates and guests from the three countries attended the forum, organised by the Vietnam’s Ministry of Planning and Investment (MPI), in partnership with Vietnam’s ...
http://english.vietnamnet.vn/fms/business/52545/business-in-brief-15-11.html
Firm Posts fall In Profits on Slot Machines
Entertainment Gaming Asia Inc. (EGA), a U.S.-listed gaming firm operating primarily in Cambodia, posted a 93 percent decrease in profits for the first nine months of the year compared to the same period in 2011, according to the company’s financial statement released Tuesday. “The decrease ...
Merit in rice trade plan
The cabinet on Tuesday approved a proposal allowing the Commerce Ministry to form a rice trade partnership with Asean’s four other rice-producing countries, namely Vietnam, Laos, Cambodia and Myanmar, to stabilise rice prices in the global market and to promote food security in the region. The ...
http://www.bangkokpost.com/news/local/321297/rice-trade-area-plan-has-merit
Asean Fellows Warn Cambodia of Mining Pitfalls
Community representatives from Indonesia and the Philippines warned Cambodia yesterday of the potential human cost that an influx of mining companies could bring to the country. As private companies scour the land for minerals, with some set to begin extraction within a few years, Cambodia could ...
Costs outweigh the benefits of foreign direct investment: FAO
Cambodia has been featured as a case study in a new report launched by the Food and Agriculture Organization of the United Nations (FAO) focusing on the effect of foreign direct investment (FDI) in developing nations’ agricultural sectors. While the report acknowledges the positive effects ...
As All Eyes Turn To Cambodia…
Along the Phnom Penh waterfront the city’s landmark flags have been raised and the street children and beggars are being removed – an unwanted sight for a government out to impress the biggest gathering of world leaders this country has ever seen. At the center of this will ...
http://thediplomat.com/asean-beat/2012/11/15/as-the-world-descends-on-cambodia/
Hun Sen vows to intervene as dollar plunges to 3,888 riel
Cambodian Prime Minister Hun Sen said Wednesday that the government would intervene to stem the riel’s sharp rise against the US dollar in recent days. “The Cambodian riel has been rising for several days,” he told a land-distribution ceremony in Oral district in Kampong Speu province, ...
Top Hotels Fully Booked Ahead of East Asia, Asean Summits
Visitors hoping to stay in Phnom Penh’s top hotels in the coming days will have to seek shelter elsewhere, as the city’s most sought after rooms are booked solid for the East Asia and Asean summits, hoteliers said yesterday. “We are completely full during the ...
Myanmar Airways flights to Cambodia to take off again
Myanmar Airways International (MAI) will resume its regular flights between Yangon and Cambodia’s two main international airports in early December after they were suspended for about three months. MAI started a twice-weekly schedule to Siem Reap in late February, but suspended the route over the last ...
Ratch puts mine purchase on hold as coal price dips sharply
The SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand’s largest private power producer, is to delay the purchase of a coal mine in Indonesia, as the global coal price has dropped sharply. Ratch had planned to acquire a mine to serve its new coal-fired power plants ...
Radio Free Asia reporter to face judge
A Radio Free Asia (RFA) reporter in Ratanakkiri province will be questioned at the provincial court today in relation to claims that he incited villagers to commit crimes against a rubber company that they have been locked in a land dispute with since 2004. Lim Chanlyda, ...
Printing industry growing in the region
The printing industry, especially for packaging, is growing in Cambodia and the region, participants at a trade event in Phnom Penh said on Monday. “It has certainly developed, the demand is slowly rising,” Karen Prager, business unit manager at Rieckermann Cambodia, told the Post. The Drupa ...
Sesan Dam Decision Questioned
Cambodia has decided to go ahead with the construction of a dam on a Mekong tributary, but conservation groups are concerned that not enough study has been done on the hydropower project’s environmental consequences. Construction on the 400 megawatt Lower Sesan 2 dam in northwestern Cambodia’s ...
http://www.rfa.org/english/news/cambodia/sesan-11142012170421.html
Before Obama visit, Cambodians clear streets -- or take to them
As Barack Obama prepares for the first visit by a United States president to Cambodia this month, the country is reportedly preparing for him too — by hiding street children from sight in Phnom Penh While the government has tidied its streets, protesters have begun camping ...
East Asia Summit to discuss how to address economic, financial disorder
East Asian leaders will discuss how to address economic and financial disorder when they meet heads of the International Monetary Fund, the Asian Development Bank and the World Trade Organization next week, a source said Wednesday. The source, who asked not to be named, said the ...
Regus Opens in Cambodia, Expands Footprint to 99 Countries
Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ...
Chugging along- The rehabilitation of the Kingdom’s railways is essential to boosting regional economic ties, but the mammoth project needs to pick up speed
A glance around Battambang’s dilapidated train station reveals the monumental task it will be to complete the Cambodian segment of the ‘iron silk road’, which will connect Southeast Asia to Europe by rail for the first time. Cows graze between missing rails in front of ...
Cambodia's Parliament Ratifies Conventions On Nuclear Safety
The National Assembly of Cambodia on Wednesday ratified two international conventions on Early Notification of a Nuclear Accident or Radiological Emergency and Nuclear Safety to maintain security and prevent nuclear proliferation. “Cambodia has neither nuclear power plant nor chemical weapon plant; Cambodia is a country ...
http://www.bernama.com.my/bernama/v6/newsindex.php?id=709118
NGOs Harassed Ahead of Summit
Cambodian authorities have disrupted several events held by nongovernmental organizations and have threatened to arrest anyone holding protests ahead of sensitive regional summits to be held in the capital Phnom Penh, rights groups said Wednesday. The Independent Democracy of Informal Economic Association (IDEA) said authorities in ...
http://www.rfa.org/english/news/cambodia/disrupted-11142012183518.html
High hopes for regional pact
Businesses hailed the government’s planned rice trade partnership with Cambodia, Laos, Myanmar and Vietnam, but warned any effort to jointly fix prices would not be easy. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said it would be great if Thailand could share information ...
http://www.bangkokpost.com/business/economics/321115/high-hopes-for-regional-pact
Corruption Continues To Stymie Development, Transparency Advocate Says
Corruption remains a major impediment to Cambodia’s development, but the systemic practices associated with it can be curbed if the government takes serious action, a transparency advocate says. Preap Kol, executive director of Transparency International Cambodia, told VOA Khmer in a studio interview recently that Cambodia ...
Charged Rights Worker Returns to Cambodia; Hearing Pending
Human Rights investigator Chan Soveth has returned to Cambodia more than two-and-a-half months after leaving in the face of a criminal charge that is thought to be linked to an alleged insurrection that took place in Kratie province in May. On August 14, the court charge ...
On Eve of Visit, Obama Faces Asean Challenges, New China Leader
Newly re-elected US President Barack Obama will attend a series of top-level Asian meetings next week, with Cambodia hosting an Asean summit, and China in attendance with new leadership. The high-profile meetings will present challenges for the US president, whose administration has become more deeply ...