ព័ត៌មាន
Region’s links crucial
Improved transportation links will assist further economic growth in the region, as Cambodia’s economy continues to improve, officials said yesterday. Ministers from Cambodia as well as China, Laos, Vietnam, Thailand and Myanmar met yesterday at the 17th Greater Mekong Subregion Ministerial Conference held in Phnom ...
http://www.phnompenhpost.com/index.php/2011080550888/Business/regions-links-crucial.html
Damning revelations
An environmental group has accused the Lao government of “unilaterally” pushing forward with construction on the controversial US$3.8 billion Xayaburi dam on the Mekong River, despite serious concerns about the project and an incomplete regional decision-making process. In a statement released yesterday, conservation group International ...
http://www.phnompenhpost.com/index.php/2011080550883/National-news/damning-revelations.html
Economic Plan for Mekong Region Gets Finalized
Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...
FPT talks operating telecoms in Cambodia
Vietnamese company FPT Telecom aims to extend operations to the Kingdom, after its attempted acquisition of Vietnam’s EVN Telecom fell through. FPT Telecom “has plans to expand business in Cambodia, but all is in discussion”, a spokesperson said late on Monday, declining to comment further. ...
Power Grid Key to Development
According to the Asian Development Bank (ADB) the regional and national power grids are key to development, though plans for their development have come under criticism by a number of NGOs who believe that power generation should be decentralized. The ADB’s Greater Mekong Subregion program ...
Environment Minister Defends Concessions
Environment Minister Mok Mareth yesterday defended the recent surge of economic land concessions granted by his ministry inside the country’s enviornmental conservation areas, saying that they would do more to help the areas than hurt them. Mr Mareth’s comments came while responding to questions at ...
Mekong Dam Construction Halted, Laos Says
Construction of the 1,260 megawatt Xayaburi dam on the Mekong river has been suspended after a meeting between the USA, Cambodia, Thailand, Vietnam and Laos. A report from the Mekong River Commission (MRC) has been leaked showing that construction was begun on the dam without ...
Clinton calls for pause on dams
Hillary Clinton, US Secretary of State, has called for a “pause” on construction of hydroelectric dams along the Mekong River. She is urging time and consideration for all who would be affected by the dams, with 11 planned for the Lower Mekong, nine of which ...
Dragon Capital plans equity fund in Vietnam, region
20 per cent of a planned equity fund by Dragon Capital will be invested in Cambodia and Laos according to Bill Stoops, chief investment officer. The fund is called Dragon Capital Third Wave Fund and is based in Ho Chi Minh City, Vietnam. The fund ...
Laos, Vietnam indicate the way
Stock exchanges in Laos and Vietnam are being used for comparison when trying to determine the model that the Cambodia Securities Exchange (CSX) will take. The CSX has opened officially but no trading has begun. Cambodia’s stock exchange is expected to be more successful than ...
http://www.phnompenhpost.com/index.php/2011071250327/Business/laos-vietnam-indicate-the-way.html
Leopard Spots More Investment Opportunities
Approximately US $75 million will be invested in Cambodia and Laos by Leopard Capital. The company will focus on financial service, agriculture and power. The 10 year fund is targeting annual returns of 25 percent and will favor renewable energy sources. ...
US senators raise Mekong dams
US senators are pushing for a resolution that would use US influence within the Mekong basin to ensure that the construction of hydroelectric dams, such as the Xayaburi dam in Laos, would meet exacting environmental standards. The resolution would not be law but rather policy ...