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According to the Copenhagen Accord hosted in Denmark, developed countries had to provide US$ 30 billion for 2009-2012 to kick start emissions reduction measures for the less-developed countries and promised to offer US$ 100 billion for long term finance a year by 2020. “Cambodia needs approximately ...

Astra Resources, parent company of Australia’s Astra Mining, will finalise within two months the acquisition of a 222-square-kilometre gold concession in Cambodia’s Ratanakkiri province, the company announced yesterday. Astra, which listed on the Frankfurt Stock Exchange September 30, is aiming for large and speedy gold production ...

Cambodian officials yesterday welcomed statements from Thailand’s foreign minister that an all-important 2001 memorandum of understanding on the Overlapping Claims Area would most likely be renewed. Foreign Minister Surapong Towichukchaikul said the MoU would be sent to Thai Prime Minister Yingluck Shinawatra’s cabinet on October 18 ...

Phnom Penh is making a comeback after years of sluggishness and weak demand in the property sector, real estate agents said. Rose Condominiums, a project in Chamkar Mon district consisting of eight 28 and 29-story towers holding more than 350 units, has already sold out ahead ...

Two-and-a-half weeks after excavators belonging to a CPP senator’s real estate firm demolished the homes of eight families fighting eviction from Phnom Penh’s Boeng Kak lake community, those families and the government officials charged with evicting them have taken their battle to court. A pair of ...

Following a raid on a Phnom Penh recruitment agency, military police yesterday detained two people and rescued 22 girls and women aged 13 to 25 who claimed they were being held against their will ahead of being sent to Malaysia to work as maids. Municipal military ...

As floodwaters across the country remain high after almost two weeks of flooding, tens of thousands of families are still waiting in unsanitary comnditions for emergency supplies such as food and water. But while help trickles down to affected communities, aid groups have begun to question ...

Atok-Big Wedge Co. Inc., a listed company owned by the group of former Trade minister Roberto Ongpin, acquired Tidemark Holdings Ltd., a Hong Kong company that owns 25.9 percent of Forum Energy Plc, an oil and gas firm controlled by Philex Mining Corp. Atok-Big Wedge said ...

Phnom Penh — Cambodia’s Minister of Foreign Affairs Hor Namhong and his Singapore’s counterpart K Shanmugam agreed on Wednesday that the territorial dispute in the South China Sea between China and some ASEAN countries should be solved peacefully. “We have exchanged ideas on the issue of ...

A group from the Japanese Fish Rearing Association led by Kazuki Nishimura met with Chan Sarun, Minister of Agriculture, Forestry and Fisheries. During the meeting Kazuki Nishimura told the minister that the Japanese Fish Rearing Association wished to introduce Japanese fresh water fish (Nishiki Koi) ...

China’s Sinohydro Group Ltd earned US$2.12 billion in an initial public offering on the Shanghai Stock Exchange, the company announced yesterday. The move came just two months before Sinohydro launches the Kamchay Hydroelectric Dam in Cambodia’s Kampot province. The company expects the IPO to help fund ...

Bad weather scared tourists from Cambodian beaches and other popular travel destinations during a three-day national holiday, provincial tourism officials said yesterday. Preah Sihanouk province saw a 30 to 35 percent drop in tourist numbers during the Pchum Ben holiday, which ended Wednesday, Seng Kha, deputy ...

As the Tourism Ministry prepares to host the World Ecotourism Conference in Sihanoukville on Monday, ecotourism operators in three provinces said they were worried that the government’s development practices would undermine the very concept the conference is promoting. According to Tith Chanda, director general of the ...

Three percent of the country’s rice crops have been destroyed by flooding in provinces along the Mekong River and around the Tonle Sap lake, and another seven percent is at risk of being lost, the minister of agriculture said yesterday. New government estimates also show that ...

The United Nations Special Rapporteur for Cambodia was due last night to present his 2011 report to the Human Rights Council in New York, where Foreign Minister Hor Namhong is attending the UN General Assembly’s annual debate. The report, first published on August 2, looks at ...

As severe flooding continues to plague provinces along the Mekong River and around the Tonle Sap lake, new figures released by aid groups and officials yesterday showed that the scale of the disaster is far bigger than initially expected and could be worse than Typhoon ...

Flooding has affected 90,303 families and flooded 83,007 houses nationwide, while 13,402 families have been evacuated so far from inundated areas, Minister of Information Khieu Kanharith said Monday. Citing data from the National Committee for Disaster Management (NCDM), Mr Kanharith also said in a posting to ...

Phnom Penh Municipal Court on Friday sentenced the manager of job recruitment agency VC Manpower to 13 months in prison for ilegally detaining underage recruits at a Phnom Penh training center, while the firm’s foreign director was convicted in absentia to eight years’ imprisonment General Manager ...

An emergency cabinet meeting has been called for today to discuss disaster response and prevention in the face of severe flooding that has hit many parts of the country. More than 132,000 hectares of rice paddy field have been inundated with water since flooding began earlier ...

Environmental groups that gathered at the Himawari Hotel in Phnom Penh on Friday said that tens of thousands of rural Cambodians could benefit from the development of the country’s resin industry. At a conference held by the Non-Timber Forest Products Exchange Program for South and Southeast ...

More than 144 families threatened with eviction from Daun Penh district’s Srah Chak commune to make way for a new $27.5 million Chinese-Cambodian Friendship Bridge attended a meeting on Friday to discuss an offer of relocation and compensation, an official said The meeting with Deputy District ...

Continuing flooding along the Mekong River and around the Tonle Sap lake is taking a severe toll on local communities, government officials said Friday, as they released preliminary figures showing that 62 people had been killed in the floods, 5,000 families had been displaced, and ...

Thailand is reportedly preparing to re-enter negotiations with Cambodia on the Overlapping Claims Area after officials from the two countries talked this week at the ASEAN Energy Business Forum in Brunei. Thai Energy Minister Pichai Naripthaphan said yesterday that he met informally with Ministry of Industry ...

At least 22 families living in the capital’s Chamkarmon district say they are being forced to sell their land at below market value to Thailand’s Bun Roong Company in order to make way for a housing development. Village representative Chhim Veasna said on Wednesday that the ...