News

Four feared dead in Cambodia dam accident

According to Veal Veng district police chief Theang Leng, the incident occurred on Saturday afternoon, apparently after heavy water pressure caused part of the Stung Atay dam’s reservoir to collapse. “Four people are missing. We fear they have drowned but this is not sure yet,” he ...

http://www.abc.net.au/news/2012-12-03/an-cambodia-dam/4403764

Dam collapse in Cambodia leaves four workers missing

Four workers have gone missing after the collapse of an in-progress hydropower dam in Western Cambodia, apparently due to a leak in the structure. The Associated Press reports that the Saturday collapse occurred at the Stung Atay Hydroelectric Project, a $255-million dollar dam on the Atay ...

http://www.globalpost.com/dispatch/news/regions/asia-pacific/cambodia/121202/dam-collapse-cambodia-leaves-four-workers-missing

Cambodian, Vietnamese militaries ink deals for quarry, rubber development projects

Cambodian and Vietnamese Defense Ministries on Friday signed two documents relevant to a joint venture for establishing a quarry and a rubber plantation project in Cambodia. According to a document briefed to reporters at the signing ceremony, the two deals included a quarry site establishment in ...

http://news.xinhuanet.com/english/world/2012-11/30/c_132011035.htm

CTH mulls EPL sub-licensing

Cable Thai Holdings (CTH) says it is in talks with leading cable-TV operators and private broadcasters in Cambodia and Laos to grant sub-licence rights to broadcast the English Premier League for three seasons beginning in 2013-14. CTH is a group of more than 300 cable-TV operators ...

http://www.nationmultimedia.com/business/CTH-mulls-EPL-sub-licensing-30195300.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

Airports of Thailand eyes Cambodia, Laos

Airports of Thailand (AOT) regards possible co-operation with Myanmar’s Airport Authority as a first step for engaging in airport operations and investment in Laos and Cambodia, the Bangkok Post reported AOT’s acting president, Somchai Sawas-deepon, as saying. ...

http://www.phnompenhpost.com/index.php/2012113060017/Business/airports-of-thailand-eyes-cambodia-laos.html

Water Festival Vendors in Phnom Penh See Revenue Drop

Provincial authorities have reported an influx of people from Phnom Penh to the provinces over the three-day Water Festival celebration, while vendors who set up shops on Koh Pich in the capital during the holiday said that they had barely broken even. This year saw ...

http://www.cambodiadaily.com

Cambodia, Among Others, Feeding China's Demand for Timber

The growing market for timber in China is leading to widespread logging around the world, including in Cambodia, according to a report released yesterday. The report from London-based NGO the Environmental Investigation Agency (EIA) – entitled Appetite for Destruction: China’s trade in illegal timber – outlines ...

http://www.cambodiadaily.com

Villagers in Kampong Chhnang win land back

Prime Minister Hun Sen has reclassified 4,158 hectares of a massive land concession owned by the wife of Senator Lao Meng Khin from his own party for displaced families in Kampong Chhnang province. A jubilant representative of the 4,506 families who have long battled against ...

http://www.phnompenhpost.com/index.php/2012113060025/National-news/villagers-win-back-land.html

Cambodian NGO: PTT entry would benefit consumers

A Cambodian NGO believes that investment by Thailand’s PTT oil conglomerate in petroleum projects in the region would promote competition and benefit consumers. Thailand’s largest petroleum firm said lastThursday it is currently studying options for petrochemical and oil refinery projects in three Asean countries — Cambodia, ...

http://www.bangkokpost.com/business/news/323691/cambodia-ptt-entry-would-benefit-consumers

Aeon eyes major Asean expansion

Aeon Thana Sinsap (Thailand) plans aggressive business expansion both here and in neighbouring countries. The leading Japanese non-bank company is using Thailand as a centre to expand its businesses in other Asean countries. Aeon Thana Sinsap plans to offer more financial services in Cambodia, Vietnam, Laos and ...

http://www.bangkokpost.com/business/economics/323617/aeon-eyes-major-asean-expansion

Concern Over Tonle Sap Catch

Fish production in Cambodia’s great Tonle Sap Lake is on track to reach last year’s level, an official said Wednesday, despite concern from fishermen that yields are dwindling due to environmental problems. Nao Thouk, director of the Fisheries Administration under the Ministry of Agriculture, said that ...

http://www.rfa.org/english/news/cambodia/tonle-sap-11282012191709.html

Three satellite city projects underway

Three projects of the six satellite cities around Phnom Penh that were originally approved by the government have been “significantly” developed, according to officials of the Ministry of Land Management, Urban Planning and Construction. Lao Tepseiha, deputy director of the construction department of the Ministry ...

http://www.phnompenhpost.com/index.php/Real-Estate/three-satellite-city-projects-underway.html

Latex exports rise, revenues fall

Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...

http://www.phnompenhpost.com/index.php/2012112959998/Business/latex-exports-rise-revenues-fall.html

Electricity Vietnam No Longer Involved in Lower Sesan 2 Dam

Electricity Vietnam International (EVNI), a subsidiary of Vietnam’s state-owned electricity giant EVN, is no longer involved in the Lower Sesan 2 dam, a Vietnamese Embassy official confirmed yesterday. Cambodian conglomerate Royal Group and China’s Hydrolancang International Energy Co. Ltd. on Monday signed an agreement in Phnom ...

http://www.cambodiadaily.com/news/electricity-vietnam-no-longer-involved-in-lower-sesan-2-dam-6363/

Land disputes to dominate next year's election

Land disputes are expected to be a hot issue in next year’s election, overshadowing perennial issues such as illegal immigration, destruction of forests, corruption, and unemployment. Prime Minister Hun Sen himself has acknowledged that the government’s failure to resolve the issue will mean handing ammunition to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=Yzg3YWUzYzAzOTI0M2IzMTJmZTIyNTAwOGJiN2Qx

Cambodia greets 2.86 mln foreign visitors in 10 months

Cambodia attracted approximately 2.86 million international tourists in the first ten months of this year, up 24 percent over the same period last year, a report of the tourism ministry showed Wednesday. The report said Vietnam remains the largest source of foreign visitors to Cambodia ...

http://news.xinhuanet.com/english/travel/2012-11/28/c_132004445.htm

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