ព័ត៌មាន
Hun Sen to Hold Bilateral Talks With Obama During Summit
Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...
Chinese Company Behind Stung Treng Dam
A Chinese hydropower company, identified as Consultant CECCI, along with Royal Group and Vietnamese power giant Electricity Vietnam International (EVNI), will be in charge of the Lower Sesan 2 dam construction project in Stung Treng province, as well as the relocation of the 5,000 affected ...
Japanese Investment Grows; Hurdles Remain
Japanese investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth—and to avoid driving Japanese companies to other attractive investment destinations such as Burma —the ...
http://www.cambodiadaily.com/business/japanese-investment-grows-hurdles-remain-5144/
Myanmar Airways Suspends Flights to Cambodia
Myanmar Airways has temporarily suspended direct flights from Rangoon to Siem Reap and Phnom Penh due to low passenger numbers, an official at the State Secretariat of Civil Aviation (SSCA) said yesterday. “We don’t know how long they will suspend operations, but when they get ...
Cambodia steps up Internet surveillance
As Burma loosens its grip on the media, Cambodia has begun to rank high among the countries repressing internet and telephone freedom in the name of national security, safety and social order. It is still not comparable to China or Vietnam, but Cambodia is moving ...
http://asiancorrespondent.com/88383/cambodia-internet-circular-surveillance-radio/
Acleda Applies To Open Banks In Burma
Acleda Bank has filed an application to start banking operations in Burma with the central bank and is on track to open its first microfinance branch in the country by January, Acleda President In Channy said yesterday. Mr. Channy said the bank submitted its application for ...
Illegal Fishing, Molotov Cocktails, A Daring Escape
The State Department on Tuesday cited abuses in Thailand’s huge fishing industry as part of an annual worldwide report on Trafficking in Persons. The report noted that men from Cambodia and Myanmar, also known as Burma, are trafficked aboard Thai ships and forced to work ...
http://www.npr.org/2012/06/20/155048186/illegal-fishing-molotov-cocktails-a-daring-escape
Factory Says Buyers Will Go to Burma if Protests Continue
A representative of a factory that produces clothing for international clothing brands H&M, Gap and Levi Strauss warned yesterday that its buyers will place orders elsewhere if the strike for higher wages and benefits in its two factories continues. An official at the American Center for ...
Aun Pheap and Dene-Hern Chen, P. 24
http://www.cambodiadaily.com
Acleda shareholders OK expansion into Burma
Shareholders of Acleda Bank yesterday approved a plan to open an initial three branches in Burma, where a year of surprise political and economic reforms are raising expectations of a flood of foreign investment ...
Acleda Eyes Expansion Into Burma
Cambodia’s largest bank, Acleda, is looking to get in early on Burma’s economic reawakening with plans to open three microfinance branches in the country as soon as January, the bank’s CEO said yesterday. In Channy said he discussed the plan on Monday with a visiting Burmese ...
Asean Leaders Say Sanctions on Burma Should Be Lifted—Now
Asean leaders urged the lifting of economic sanctions against Burma, while the Burmese president made his first public statement on the nation’s recent by-elections, calling them “very successful” at the Asean Summit in Phnom Penh yesterday. “Asean has consistently spoken of lifting sanctions, but now, more ...
Asean NGO Coalition Claims Members’ Rights Violated
Members of the Asean People’s Forum, a coalition of NGOs that convened in Phnom Penh last week, declared yesterday that their rights had been violated after four workshops on sensitive issues were canceled by the venue where they met. In a statement representing more than 1,200 ...
Hotel Shuts Down Asean NGO Panels
Four workshops at the Asean Peoples’ Forum concerning pressing issues such as land rights and events in Burma were blocked by the owner of the venue where the forum was being held on Friday, as they were considered too politically sensitive, the organizer said. Out of ...
Burmese President to Visit Cambodia Next Week
Thein Sein, president of Burma, will visit Cambodia next Tuesday and Wednesday, according to a statement from the Ministry of Foreign Affairs. The visit will be Mr. Thein Sein’s first to Cambodia since taking power one year ago. ...
Offshore energy claims open divisions in Southeast Asia
Depending on who you believe, the South China Sea could be the next Persian Gulf due to its untapped oil and gas deposits. It’s also a key shipping lane that the US Navy has guarded for decades. That’s why so many countries are sparring over remote ...
Building Boom Causes Asian Sand Smugglers to Expand
Singapore’s decades-long effort to reclaim land from the ocean has expanded the nation’s coastline and fueled its building boom. But it has also depleted its supply of sand. In recent years, the massive sand shortage has been worsened by export bans by neighboring countries, driving ...
Laos aims to build Mekong dam this year, testing neighbours
Laos wants to start construction this year on the $3.8 billion (Bt115 billion) Thai-financed Xayaburi hydropower plant on the Mekong River after changing the design of the dam to placate neighbouring countries opposed to the project. Laos completed a review of the dam recently to ease ...
Rice Scheme Will Hurt Thais and Help Vietnam
Thailand–Consumers face prospect of high prices, low quality rice from Burma, Cambodia: TDRI. While consumers and taxpayers will suffer from the government’s controversial rice policy, Vietnam will substantially gain, the Thailand Development Research Institute (TDRI) has warned. Ammar Siamwalla, a prominent economist, yesterday asked the ...
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
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 ...
More competition from Thai millers
Thai government proposals to pay above market prices to rice farmers could complicate Cambodia’s goal of becoming a major milled rice exporter, according to industry insiders. Pheu Thai party leader Yingluck Shinawatra has announced plans to buy rough rice for a guaranteed price of 15,000 ...
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 ...