News
Tensions cause drop in ASEAN imports
Tensions with Thailand led to a 10-percent decline in imports from ASEAN members during the first six months of 2011, though Cambodia’s exports to the bloc nearly doubled, according to officials. Cambodia imported US$810.9 million during the six-month period compared to $904.9 million during the period ...
Sihanoukville flight claims
Two airlines plan to begin regular flights between the tourist towns of Siem Reap and Sihanoukville this year, officials said yesterday. Cambodia Angkor Air aims to begin its regular flights by December, though may delay into 2012 if necessary, said Office of the Council of ...
http://www.phnompenhpost.com/index.php/2011083151357/Business/sihanoukville-flight-claims.html
Minister seeks funds for climate change
Finance minister Keat Chhon yesterday identified reforming the management of natural resources as a priority in the government’s efforts to reduce poverty. Keat Chhon also called on wealthier nations to help fund climate change-related projects in developing nations like Cambodia. Minister of Environment Mok Mareth said ...
Homes torched in wildlife sanctuary
Government officials and armed police burnt down 25 homes in Oddar Meanchey province’s Anlong Veng district yesterday claiming they were in the protected Kulen Prumtep Wildlife Sanctuary, villagers and a rights group investigator said yesterday. The houses, which are part of larger community of about ...
Huge swaths of flooded forest protected by decree
Almost 650,000 hectares of ecologically-rich flooded forest surrounding the Tonle Sap lake has been protected by a sub-decree signed by Prime Minister Hun Sen on Monday. The 647,406 hectare area spans sections of Kampong Chhnang, Pursat, Battambang, Banteay Meanchey, Siem Reap and Kampong Thom provinces. ...
Oil dispute flares up
Secret meetings between high-ranking Thai and Cambodian officials to solve the demarcation of disputed offshore petroleum resources took place during the administration of Thai Prime Minister Abhisit Vejjajiva, the Cambodian National Petroleum Authority revealed yesterday. In a statement some commentators described as “coordinated attack” by ...
http://www.phnompenhpost.com/index.php/2011083151353/Business/oil-dispute-flares-up.html
Foreign Ministry is ready to talk with Cambodia over overlapping sea area
Bangkok–Secretary General to the Foreign Minister Mr. Nawin Boonsert said the negotiation over the overlapping sea area between Thailand and Cambodia would be clarified once the Cabinet was clear on its agenda. Following Cambodia’s Petroleum Organization expressing intention to clarify the demarcation points in the sea ...
Cambodia Welcomes Thai Talks Over Waters
Cambodia’s petroleum authority yesterday announced that it would like to renew discussion with Thailand in order to find a solution over disputed waters in the Gulf of Thailand widely believed to hold large quantities of oil and gas. Negotiations over how to split revenue from ...
EMAXX Telecom Commercially Launches 4G Network, Selects PureWave as Infrastructure Partner
Mountain View, Calif — PureWave Networks, Inc. announced today that it has been selected by EMAXX Telecom (Cambodia) Limited as the operator’s 4G infrastructure vendor. EMAXX Telecom expects to expand its mobile WiMAX network, already commercially operating in the cities of Phnom Penh and Sean ...
Hun Sen Establishes Protected Zone for Tonle Sap Floodplains
Prime Minister Hun Sen on Monday signed off on a sub-decree that officially created a 640,000-hectare protected zone covering the flooded forest and floodplains of Tonle Sap lake. The sub-decree determined that 647,406 hectares of flooded forest around Tonle Sap lake in Kompong Chhnang, Pursat, ...
Unclean Water Costs $450M A Year, New UN Report Says
Poor sanitation costs Cambodia $450 million a year due to health costs resulting from water-borne diseases such as diarrhea, according to a new report by the UN Environment Program. The report follows data released last week by the World Bank that found that 75 percent ...
Land Concessionaire Gives $130,000 to Officials
Businessman Try Pheap, who in recent months received large-scale economic land concessions in Boeng Per Wildlife Sanctuary in Preah Vihear province, has donated $130,000 to the sanctuary’s environmental management and the local CPP office, officials said yesterday. Recipients of the funds denied that there was ...
UN Climate Change Report Finds Cambdia Ill-Prepared
The first-ever report on the direct effect of climate change on Cambodia’s population was launched yesterday in Phnom Penh, highlighting significant flaws in the country’s ability to deal with future health, finanace and food supply issues. The UN Development Program’s Cambodia Human Development Report 2011, ...
Rice Grower to Set Up Farms in Cambodia and Myanmar
Hybrid rice producer SL Agritech Corp. plans to set up a plantation in Cambodia via a joint venture instead of shipping out produce from its Philippine farms, a ranking official said last week. “We are looking at starting the shipment of seeds to Cambodia and to ...
Cambodia calls for talks with Thailand on disputed oil and gas zone
Cambodia called Tuesday for the newly elected Thai government to resume talks on resolving claims to a 27,000-square-kilometre stretch of seabed considered rich in oil and gas. The Cambodian National Petroleum Authority, a government body, said it had ‘a firm commitment to finding an equitable ...
Tourism numbers rise by 14 per cent
The number of foreign tourists visiting Cambodia through July climbed 14 per cent year-on-year, with the most arrivals coming from Vietnam, South Korea and China, according to the latest Ministry of Tourism figures. Improved transportation, greater promotion of the Kingdom to world markets and widely ...
Two more banks setting up shop
The National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and Spokeswoman Ngoun Sokha said yesterday. The central bank had licensed Taiwan’s Mega International ...
http://www.phnompenhpost.com/index.php/2011083051333/Business/two-more-banks-setting-up-shop.html
Malaysian firm eyes Kampong Thom land
Malaysain firm Lion Forest Industries Berhad plans to acquire 58,000 hectares of land in Kampong Thom province for US$26.1 million, the company announced yesterday. The company has also announced its intention to purchase 9,995 hectares of land in Preah Vihear province for $3.9 million, according ...
Cambrew to pay overtime to beer girls on Monday
Cambrew yesterday paid the beer promoters who went on strike in late July to demand that the company abide by an Arbitration Council ruling earlier that month that said it owed the women three years of overtime for working on Sundays. The company, which is ...
Garment factory back in business after last week’s mass fainting
Three workers at M&V International Manufacturing Ltd’s garment factory in Kampong Chhnang factory fainted yesterday and about 20 others were permitted to stop working for two more days due to poor health, a representative of their union said. Nearly 300 workers fainted at the factory last ...
Tep Nimol, Don Weinland, P. 5
http://www.phnompenhpost.com/national/garment-factory-back-business-after-last-week%E2%80%99s-mass-fainting
Union claims strikers threatened with gun
Free Trade Union members claimed that staff of the Cambodian Union Federation of Chuon Mom Thol threatened workers striking at a shoe factory in Kampong Speu province yesterday. FTU president Chea Mony told the Post that officials of the Cambodian Union Federation had used guns ...
Svay Rieng dredging destroying farmland
Dredging operations are causing whole sections of farmland along Svay Rieng’s Toek Vel River to collapse, villagers said in a petition thumb printed by more than 300 affected families. Ros Mov, a chief of Romeas Hek Samiky Land Community, said yesterday 389 families from four ...
Climate change to hit rural poor
Climate change posed a major threat to Cambodia because of its extreme poverty and predominantly rural population, development experts told a conference yesterday. “This is an agrarian economy that depends very much on weather. And we are among the poorest countries in the world,” Dr ...
Ports to Be Better Regulated Under New Law
The government is drafting a new law that will aim at improving auditing standards and management practices at all of Cambodia’s ports on the coast and rivers and at dry ports inland, officials said yesterday. Speaking at a workshop on port regulation in Phnom Penh, ...