Infrastructure

‘SolarTuk’ coming in March

Solar-powered tuk-tuks could be rolling off the assembly lines in Phnom Penh as early as March next year, allowing local tuk-tuk drivers a cost-effective and greener alternative to using petrol, according to the company manufacturing the vehicle. Star 8, the Australia-based alternative energy firm behind the ...

Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/%E2%80%98solartuk%E2%80%99-coming-march

Norwegian Energy Firm Eltek Demands Mfone Pay Up

Norwegian energy firm Eltek on Thursday demanded $5 million it is owed from bankrupt telecommunications company Mfone by the end of October and blamed the court and the government for stalling payment. During a meeting at Mfone’s headquarters in Phnom Penh’s Boeng Keng Kang III commune, ...

Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/norwegian-energy%E2%80%88firm-eltek-demands-mfone-pay-up-42823/

Slums in capital decried

Unicef during a discussion yesterday pressured the Phnom Penh Municipality to develop a plan to eradicate slums in the capital, but government officials offered no quick fixes. According to the municipality, there are 281 slum communities in the capital, which 2,033 families call home. Earlier this month, ...

Sen David
http://www.phnompenhpost.com/national/slums-capital-decried

Philippine Airlines plans to add routes to Cambodia

Philippine Airlines plans to launch flights between the Philippines and Cambodia, according to an aviation official. The move would break the monopoly of domestic competitor Cebu Pacific Air, which started flying the route in April last year. Aviation authorities in the Philippines sent a letter to ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/philippine-airlines-plans-add-routes-cambodia

Battambang Pepsi factory torn down to make facility

A long-abandoned Pepsi bottling factory that became a part of the tourist trail in Battambang province has been razed to make way for a water-treatment facility, according to officials. On June 19, JICA signed off on a $33.5 million water-supply-system project in Kampong Cham and ...

May Kunmakara
http://www.phnompenhpost.com/business/battambang-pepsi-factory-torn-down-make-facility

Tuk-tuks to be solar-powered

Australian green energy company Star 8 has designed a solar-powered tuk-tuk and is in the process of building a factory in Cambodia to make the vehicles, according to a report in Australian newspaper The Age. The vehicles’ makers said the tuk-tuks will cost between A$2,000 (US$1,865) ...

Daniel de Carteret
http://www.phnompenhpost.com/business/tuk-tuks-be-solar-powered

Protest gets injection of energy

What had been a relatively subdued gathering at Freedom Park yesterday became a jubilant celebration as opposition leaders Sam Rainsy and Kem Sokha delivered the news of fruitful discussions with the government to party faithful. Despite much-diminished crowds – and the sobering events of Sunday night ...

Stuart White and Meas Sokchea
http://www.phnompenhpost.com/national/protest-gets-injection-energy

Barriers block streets, customers

Security barricades and razor-wire installations set up around Phnom Penh yesterday were supposed to maintain order as the opposition Cambodia National Rescue Party kicked off what it promised to be three days of mass protests. But the show of force and control had more of an ...

Post Staff
http://www.phnompenhpost.com/business/barriers-block-streets-customers

City Hall tells boats to keep it slow, safe

City Hall has ordered all tourist boats and ferries operating on the Mekong and Tonle Bassac rivers to stock up on life jackets and prevent overloading as water levels continue to rise. “All drivers must turn lights on at night and all ferries must prepare ...

Sen David
http://www.phnompenhpost.com/national/city-hall-tells-boats-keep-it-slow-safe

Singapore Invests in New Cambodian Bank

An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/

Rice plots blocked at dam site

In a first step toward clearing villagers from land intended for a planned Koh Kong provincial hydroelectric dam, a Chinese development firm has blocked a road leading to plots where villagers have continued to harvest rice. Officials from Tianjin Union Development Group, which was awarded a ...

Sen David
http://www.phnompenhpost.com/national/rice-plots-blocked-dam-site

Cham Prasidh’s wife anointed ‘oknha’

Tep Bopha Prasidh, a wealthy businesswoman and wife of Commerce Minister Cham Prasidh, has been anointed with the sought-after royal title of oknha. According to an August edition of the Royal Gazette, King Norodom Sihamoni signed off on the new title on July 11. Roughly translated as tycoon, oknha is a ...

May Kunmakara
http://www.phnompenhpost.com/business/cham-prasidh%E2%80%99s-wife-anointed-%E2%80%98oknha%E2%80%99

Japanese Investor in Talks to Take Stake in TV3

Japan’s TriAsia Group is in talks to acquire a majority stake in local television station TV3 and plans to broadcast Japanese-language shows, the television channel’s owner confirmed Wednesday. According to TV3’s owner, Khampun Keomony, revenues at the channel have been dropping, which prompted him to look ...

Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/japanese-investor-in-talks-to-take-stake-in-tv3-41707/

Evictees sick as rubbish piles up

Evictees of Phnom Penh’s Borei Keila community appealed yet again to municipal authorities for alternative housing yesterday, saying garbage and waste has inundated their current settlement and is making it increasingly difficult to enter and exit the area. Borei Keila residents were evicted from their land ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/evictees-sick-rubbish-piles

New Project Aims to Help Small Businesses in Cambodia

A new project by the government and Japan’s aid agency seeks to assist small companies in Cam­bodia that are in need of specialist advice in order to develop and keep up with competitors in neighboring Asean countries. The aim of the two-year program, called “Strategic Strengthening ...

Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/new-project-aims-to-help-small-businesses-in-cambodia-41534/?utm_source=rss&utm_medium=rss&utm_campaign=new-project-aims-to-help-small-businesses-in-cambodia

Resurgent mobile deals could hurt margins, analysts say

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say

A lesson in caution

After nearly 50 garment workers were killed last year while travelling to or from their respective factories, the Ministry of Labour has urged truck drivers who cram dozens into the back of vehicles each day to take more care on the roads. In an information session ...

Sen David
http://www.phnompenhpost.com/national/lesson-caution

Phnom Penh Fares Poorly in Livability Index

Phnom Penh is one of the least-livable cities in the world, but has also seen relatively strong improvement in quality of life over the past five years, the Economist Intelligence Unit’s annual Global Livability Ranking released this month has found. The analysis of 140 cities, which ...

David Kaner
http://www.cambodiadaily.com/news/phnom%E2%80%88penh-fares-poorly-in-livability-index-41445/

Drop-off in beverage imports questioned

Despite the fact that beverage consumption in Cambodia is on the rise, government statistics show that imports of alcohol and non-alcoholic products in the first half of 2013 have declined by 51 per cent year-on-year. The seemingly conflicting figures left some scratching their heads. Meng Saktheara, ...

Hor Kimsay
http://www.phnompenhpost.com/business/drop-beverage-imports-questioned

Businessmen Charged Over Mining Deal Fraud

The Phnom Penh Municipal Court has charged the Cambodian chairman of a local conglomerate and a Chinese business associate with fraud and using forged public documents, officials said Wednesday. Al Romny, 41, and Chinese national Chin Mongxin, 45, were arrested Saturday after an un­known complainant said ...

Eang Mengleng and Simon Lewis
http://www.cambodiadaily.com/news/businessmen-charged-over-mining-deal-fraud-41261/

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