ព័ត៌មាន​

Satellite system will save fuel and routes

Phnom Penh International Airport’s navigation system will be upgraded today with the installment of a new satellite-based system that aims to improve efficiency and reduce fuel usage, an aviation official said. Chhun Sivorn, director of the Air Navigation Standards and Safety Department of the State Secretariat ...

http://www.phnompenhpost.com/business/satellite-system-will-save-fuel-and-routes

Cargo Traffic Grows at Sihanoukville Port

The total weight of goods transported through the Sihanoukville Autonomous Port in the first six months of the year was up 15 percent compared with the same period last year, according to figures released Thursday. Some 1.51 million tons of goods passed through the port in ...

http://www.cambodiadaily.com/business/cargo-traffic%E2%80%88grows-at-sihanoukville-port-34628/

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

‘Power cuts just a transitional problem’

Recurring power cuts and power shortages draw sharp complaints from Cambodia’s public, the political opposition and business owners. Keo Ratanak,  director-general of Electricite du Cambodge (EDC), talked to the Post’s Sarah Thust. What is EDC doing to reduce electricity cuts here? The issue of power shortage is ...

http://www.phnompenhpost.com/2013051065532/Business/power-cuts-just-a-transitional-problem.html

Phnom Penh’s development not fair for all?

Despite the massive spike in development underway in Phnom Penh, a new report says that the public interest is becoming marginalised in favour of the political and business elite. The report, from NGO Sahmakum Teang Tnaut (STT), says that currently “commercial interests are driving the urban ...

http://www.phnompenhpost.com/2013013061081/Real-Estate/phnom-penh-s-development-not-fair-for-all.html

Cambodia's inflation lower than 3 pct this year: PM

Cambodia’s inflation rate is expected to be less than 3 percent in 2012 thanks to stable food prices, Prime Minister Hun Sen said Friday. “This year, the inflation will be less than 3 percent, it is low and good if compared to 5.5 percent rate last ...

http://news.xinhuanet.com/english/business/2012-11/30/c_132010698.htm

Trade with Thailand increases

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html

Offshore refueling on the horizon

Danish marine fuel company Go4 Bunker Denmark yesterday launched the first company in Cambodia to supply ship fuel to  vessels traveling through Cambodia’s waters, according to officials. The launch ceremony for the newly established Go4 Bunker Cambodia Co Ltd yesterday was presided over by Danish Princess ...

http://www.phnompenhpost.com/index.php/2012101159246/Business/offshore-refueling-on-horizon-in-cambodia.html

PTT offers $960 mln to buy out Sakari to increase coal assets

Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...

http://www.reuters.com/article/2012/08/27/sakari-ptt-idUSL3E8JR02420120827

Energy mix

At the turnoff of Sihanoukville outside Phnom Penhmetal shop owner Kuch Sareun watches the sparks fly as his emplyees join pieces of steel. This year, he installed a diesel-run generator at his business since the frequent electricity outages were hurting his bottom line. Electricity is ...

Rice Farmers Struggle Despite Production Growth

High production costs and a lack of government assistance is keeping rice farmers near the poverty line despite unprecedented growth in the sector, according to a new study released by local microfinance institution Intean Poalroath Rongroeurng (IPR). The independent study, conducted by two Cambodian researchers ...

PM announces oil-food equation hurting poor

Prime Minister Hun Sen yesterday blamed soaring food prices on fuel prices set by oil cartels like OPEC, appealing to oil-producing countries to pay attention to the connection between food security and energy. Cambodia imports 100 per cent of its oil, and the majority of agriculture ...

http://www.phnompenhpost.com/index.php/2012052256305/National-news/oil-food-equation-hurting-poor-pm.html

Kingdom inflation rises on oil prices

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

http://www.phnompenhpost.com/index.php/2012022754728/Business/kingdom-inflation-rises-on-oil-prices.html

Prices steady in October

Consumer prices in the Kingdom rose about five per cent year-on-year in October, according to the National Institute of Statistics, though they held steady from September. Declining food and fuel prices, along with an appreciating US dollar, were listed as the main reasons for the stabilisation ...

http://www.phnompenhpost.com/index.php/2011113053042/Business/prices-steady-in-october.html

Petroleum imports surge on economic growth

A resurgent economy and efforts to crack down on smuggling have led to a large increase in petroleum imports, according to experts. Cambodia has imported 756,139 tonnes worth US$692 million in the first half of the year, from 440,607 tonnes worth $296 million in the ...

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