ព័ត៌មាន
Rice husk power plant deal signed
Cambodia’s Soma Group yesterday signed a US$3-million deal with Indian company Ankur Scientific, the largest biomass-to-energy company in India, to construct a 1.5-megawatt rice husk power plant in Kampong Cham province. ...
Remittance Contributes Social And Economic Development
Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...
Cambodia, Vietnam Seek Stop to Xayabari Dam Construction
Cambodia and Vietnam will send a letter signed by the prime ministers of both countries to demand that Laos and Thailand halt the construction of a dam on the mainstream Mekong River in Laos, an official from the Cambodian National Mekong Committee said yesterday. The decision ...
Cambodia, Vietnam united on Xayaburi
Cambodia and Vietnam will write a joint letter to the Lao and Thai governments urging that construction of the Xayaburi dam, in northern Laos, be halted, a spokesman for the government’s Mekong committee said yesterday. Minister of Water Resources Lim Kean Hor met with Vietnam’s Minister ...
Once thought full of potential, Cambodia's palm oil sector has mostly fizzled
At one time, palm oil production stirred a lot of excitement in Cambodia. Perhaps hoping to follow in the footsteps of palm oil giants Malaysia or Indonesia, more than 10 firms in Cambodia registered for land concessions for palm cultivation around a decade ago. Today, there is one left. The others decided palm ...
As Cambodia Courts US Business, Old Problems Remain
As a delegation of US business owners prepares to travel to Cambodia with US Secretary of State Hillary Clinton, analysts say they will be tough to court, given Cambodia’s lack of law enforcement. “Investors don’t bring guns, they don’t bring bodyguards—they bring money to invest,” said ...
Cambodia to create its first Marine Protected Area
Cambodia will begin the creation of its first Marine Protected Area (MPA) this year, covering some 300 square kilometres of coral-rich seas around islands of Koh Rong and Koh Rong Samloem in the Gulf of Thailand. This follows a successful two-year scientific survey of the area ...
http://www.peopleandplanet.net/?lid=30370§ion=35&topic=23
Global insurers expanding in Southeast Asia turn to Cambodia
Two global life insurers are opening offices in Cambodia, one of Southeast Asia’s few untapped insurance markets, as they strengthen their foothold in a region that could eventually be a key driver of revenue growth. Britain’s No. 1 insurer Prudential said on Monday it won in-principle ...
http://uk.reuters.com/article/2012/07/04/cambodia-insurance-pru-manulife-idUKL3E8I32H220120704
UK, US pledge ASEAN support
The United States has expressed its commitment to the success of next week’s 19th ASEAN Regional Forum, which will be held in Phnom Penh, while British Foreign Office Minister Jeremy Browne said on the same day that the United Kingdom plans to strengthen its relationship ...
http://www.phnompenhpost.com/index.php/2012070557222/Business/uk-us-pledge-asean-support.html
North Korea talks trade pact with Cambodia
North Korea yesterday proposed to lower tax and trade barriers with Cambodia. The proposal, if made into a formal agreement, would join a long list of agreements between the two countries that have never been followed through. Hong Ki Chol said such an agreement could ...
http://www.phnompenhpost.com/index.php/2012070457178/Business/north-korea-trade-pact.html
Landless Cambodians see nothing sweet in EU sugar deal
An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry. Campaigners are taking their fight to European supermarkets, encouraging a boycott of Cambodian sugar, which ...
http://www.channelnewsasia.com/stories/afp_asiapacific/view/1211528/1/.html
Trade fair a chance to improve Thai relations
Thailand and Cambodia are making moves to repair trade relations as 30 of Thailand’s provincial commerce departments hold a three-day trade fair in Phnom Penh’s Diamond Island Convention Center this week, according to Jiranan Wongmongkol, director of the Foreign Trade Promotion Office (FTPO) at the ...
http://www.phnompenhpost.com/index.php/2012070457176/Business/trade-fair-thai-relations.html
Clinton, US Delegation To Arrive in Cambodia
U.S. Secretary of State Hillary Clinton will lead the largest delegation of American businesses ever to visit Cambodia when she arrives here next week to participate in the Asean Regional Forum, U.S. Ambassador William Todd said yesterday. ...
Coal justified: ministry
The general director of the Energy Department at the Ministry of Industry, Mines and Energy has defended Cambodia’s energy needs and its use of coal power as the country attempts to use modern technology to reduce pollution ahead of the ASEAN Senior Energy Officials’ 30th ...
http://www.phnompenhpost.com/index.php/2012070357154/Business/coal-justified-ministry.html
Vietnam and Cambodia set ambitious US$5-billion trade target
Vietnam and Cambodia have set a target of US$5 billion in bilateral trade by 2015 as the countries’ economic relationship deepens. However, some wonder if such an ambitious goal is realistic, especially given the government’s desire to realize US$5 billion in annual trade with China by 2017. The goal was announced at a June 24 ...
Piaggio to return to Cambodia with legendary Vespa scooters
Europe’s largest manufacturer of two-wheeled vehicles, Italy’s Piaggio, will return to Cambodia in September, being absent since the Khmer Rouge takeover. Vespa Cambodia Co Ltd, part of Narith Long’s Narita group, signed an exclusive distribution agreement with Piaggio last month to distribute its Piaggio scooters, ...
Anthony Galliano, P. 9
http://www.phnompenhpost.com/index.php/2012070357156/Business/piaggio-cambodia-vespa.html
Australia Mine Company drills diamond in Cambodia
Renaissance Minerals Limited listed in ASX (Australian stock exchange under code: RNS) on June 26 announced the results of its first three drill holes from its inaugural diamond drilling program at the highly prospective Okvau Gold Deposit in Cambodia. An existing independent JORC-compliant indicated and inferred resource estimate has already been defined at the Okvau ...
Photographer Tim Page Swaps War for Land in New Project
The job couldn’t have been more different from the kind that drew Tim Page to Cambodia and Vietnam in the 1960s. The mud, wet boots and sleepless nights described in several of his books were cast aside for an air-conditioned SUV, a laptop and a phone. ...
Cambodia ripe for more exports
Cambodia offers plenty of opportunities for Vietnamese exporters although there is intense competition from countries such as Thailand and China, delegates said at a conference in HCM City last Thursday. Le Quoc Phong, general director of the Binh Dien Fertiliser Group, said the Cambodian market had ...
http://vietnamnews.vnagency.com.vn/Economy/226853/cambodia-ripe-for-more-exports.html
Chevron aims for 2016
Oil production in Cambodia may not begin until 2016, or at least three years after the originally appointed date, Chevron officials reportedly said at a Ministry of Environment meeting on Friday. Government officials yesterday confirmed the feasibility of the time frame. If Chevron Overseas Petroleum Cambodia gained ...
http://www.phnompenhpost.com/index.php/2012070257137/Business/chevron-aims-2016.html
Cambodia's gems and jewelry sector set to shine
Inside a nondescript villa in central Phnom Penh, men and women in white lab coats peer through lenses, carefully studying the magnified objects in front of them. But these aren’t biologists researching cell division or bacteria; these are gem testers concerned with inclusions and refractive indices on rubies, sapphires and other precious stones. They are working ...
Boutique hotels rising
An increasing number of boutique hotels are appearing in Cambodia and attracting foreign investment, insiders say, including a US$2 million investment in the Governor’s House, a newly opened, 10-room boutique hotel in Phnom Penh. The number of boutique hotels in Cambodia has increased rapidly, particularly in ...
http://www.phnompenhpost.com/index.php/2012070257135/Business/boutique-hotels-cambodia.html
ASEAN projects to receive Around 1 07 million tourists in 2015
Cambodia’s tourism minister Thong Khon said this week that ASEAN is protected to gain around 107 million international tourists in 2015 as the bloc will create the community that year. Speaking at closing ceremony of the 10th Tour Guide Training and the Opening of 11th Tour Guide Training for Phnom Penh city at ...
Life Insurer Manulife Opens Its Office In Cambodia
Manulife, one of the world’s leading life insurance companies, now opened its office in Cambodia after seeing that growth of midlle class of total population. Manulife financial corporation was based in Canada. Manulife Financial on June 28 announced the official opening of its head office in Phnom Penh, Cambodia and its ceremony was presided over by H.E. ...