News
Cambodia's International Reserves Increase to Nearly $3 Billion
- 23 August 2011
- The Southeast Asia Weekly
- Industries / Tourism
- Agriculture & Agri-business / Asian Economy / Cambodia / Chea Chantho / Chinese aid / Economic growth / financial development / foreign investment / Garment Industry / general governor of the central bank / Indian aid / Indonesia / Inflation / international reserves / macro-economy / National Bank of Cambodia / Tourism
According to the statement from the national bank of Cambodia (NBC), the country’s international reserves increased by 2.912 million US dollars so far this year with guaranteeing to import for four months. “For the management of the international reserves, we have implemented the policy with ...
Building water links to Vietnam
- 11 August 2011
- The Phnom Penh Post
- Economy and commerce / Infrastructure / Transport and shipping / Waterways and ports
- Agricultural Development International / Agricultural Development International Country Manager Tim Purcell / Agriculture & Agri-business / agriculture exporters / agriculture exports / Boats / buyers / Cai Mep / Cai Mep Deepwater Port / Cambodia / Cargo / connecting waterway / consumers / deepwater Port / Dredging / Eang Veng Sun / Eang Veng Sun PPAP Deputy Director General / enabling legislation / European buyers / Exporters / Exports / global shippers / HCMC / Hei Bavy / Hei Bavy Port Director General / Hin Theany / Ho Chi Minh City / Legislation / Mekong / Mekong river / Mitsui OSK Line / Phnom Penh / Phnom Penh Autonomous Port / Port Director General / Port Director General Hei Bavy / PPAP / PPAP Deputy Director General / PPAP Deputy Director General Eang Veng Sun / Rail link / rice / rice buyers / Shipments / Sihanoukville / Sihanoukville Port / Tim Purcell / Tim Purcell Agricultural Development International Country Manager / tracking / tracking system / traders / water / water links / waterway
Authorities are planning upgrades to effectively double the capacity of boats travelling from Phnom Penh Autonomous Port to Vietnam, according to port Director General Hei Bavy. A 2009 agreement with Vietnam authorities allows ships travelling down the Mekong from Cambodia to offload at Cai Mep ...
Forest on the auction block
- 9 August 2011
- The Phnom Penh Post
- Agriculture and fishing / Environment and natural resources / Environmental and biodiversity protection / National parks and wildlife sanctuaries / Protected forest / Siem Reap
- Adhoc / Adhoc head of land programme Ouch Leng / agricultural development / Agriculture & Agri-business / Anlong Veng / Anlong Veng District / businessmen / Chut Wutty / Chut Wutty director of the Natural Resource Protection Group / compensation / concessions / developing agriculture / Development / diverse species / environment / environmental impact / environmental impact assessments / Forest / forest areas / Government / Hun Sen / illegal loging / Illegal poaching / Kulen Promptep / Kulen Promptep Sanctuary / land / Land concessions / law / leases / logging / Ministry of Environment / Ministry of Environment secretary of state Thuk Kreun Vutha / National Park / Natural Resource Protection Group / Natural Resource Protection Group director Chut Wutty / NGOs / Oddar Meanchey / Oddar Meanchey Province / Oddar Meanchey's Anlong Veng District / Ouch Leng / Ouch Leng head of the land programme at Adhoc / Phnom Oral Wildlife Sanctuary / poaching / Preah Vihear / Preah Vihear Province / prime minister / Private Companies / private firms / reclassified / Siem Reap / Siem Reap Province / state / state private land / Thuk Kreun Vutha / Thuk Kreun Vutha secretary of state at the Ministry of Environment / token crops / villagers / wildlife / Wildlife Sanctuary
Almost 30,000 hectares of a wildlife sanctuary in Oddar Meanchey, Siem Reap and Preah Vihear provinces have been reclassified as state private land for agricultural development, drawing sharp criticism from rights groups. Four sub-decrees signed by Prime Minister Hun Sen on July 22 reclassify land ...
http://www.phnompenhpost.com/index.php/2011080950943/National-news/forest-on-the-auction-block.html
World Bank stops funds for Cambodia over evictions
- 9 August 2011
- Reuters
- Aid and development / Economy and commerce / Environment and natural resources / Multilateral development assistance / Phnom Penh / World Bank
- agricultural projects / Agriculture & Agri-business / aid / Annette Dixon / Annette Dixon World Bank Country Director / bank / Beijing / Boeung Kak Lake / Boeung Kak Lake Area / Cambodia / Cambodian tycoons / central government / Chinese aid / developer / development money / developments / documents / donor countries / eviction / evictions / Farmland / FDI / financing / firm / forced eviction / forced evictions / foreign aid / foreign direct investment / foreign firms / Government / Housing / human rights groups / Inner Mongolia Erdos Hongjun Investment Corp / Khmer Rouge / lake / land / land management / land ownership / legal documents / Lending / loan / loans / local government / metal processing / mining / Mining projects / on-site housing / Phnom Penh / Power Generation / prime real estate / Real estate / real estate developments / residents of Boeung Kak lake / Southeast Asia / urban areas / World Bank / World Bank Country Director Annette Dixon
The World Bank said on Tuesday it had stopped providing loans to Cambodia and would not resume lending until the government did something to help hundreds of families facing eviction from land around a lake in the country’s capital, Phnom Penh. “The World Bank’s last ...
http://www.reuters.com/article/2011/08/09/cambodia-worldbank-idUSL3E7J920D20110809
Mekong environment ministers talk on sustainable economic development
- 6 August 2011
- The Southeast Asia Weekly
- Agriculture and fishing / Economy and commerce / Energy / Energy policy and administration / Environment and natural resources / Generation and distribution facilities / Social development / The poor / Water resources
- ADB / Agriculture & Agri-business / Asian Development Bank (ADB) / Bindu Lohan / biodiversity / Biodiversity Conservation Corridor Initiatives / Cambodia / China Vietnam / Climate Change / conservation / Development / economic cevelopment / economic cooperation / Economic Development / Economic growth / economic sector / energy / energy tourism transport / environment / environmental challanges / environmental cooperation / environmental regulations / Environmentalists / Finland / food security / foreign diplomats / Forest / fovernment / GDP / GDP growth / GMS / Greater Mekong Sub-region / Greater Mekong Sub-Region Environment Ministers / Guangxi Zhuang / Hun Sen / Investment / Lao Myanmar / Mekong river / Mekong Sub region / natural resources / Netherlands / poverty rate / PRC / prime minister / Prime Minister Hun Sen / regional environmental cooperation / Samdech Hun Sen / sustainable economic development / Sweeden / Thailand / Water resources / Yunnan / Yunnan Province
Cambodia on July 28th hosted the 3rd Greater Mekong Sub- Region Environment Ministers to look forward to sustainable economic development in the region and to talk about current projects to reduce harm for regions and also to minimize several environmental challenges affecting natural resources, forest and ...
(Khem Sovannara and Chhorng Long Heng, p 7)
http://thesoutheastasiaweekly.com/?p=1289
CAMBODIA-NORTH KOREA UPDATE BILATERAL AGREEMENTS
- 3 August 2011
- The Southeast Asia Weekly
- Agriculture and fishing / Economy and commerce / Government / International relations
- Agriculture & Agri-business / agro-products / animal breeding / bilateral trade / botanic breeding / bydropower / Cambodia / Cambodia-North Korea / Cambodia-North Korea agreement / Cambodia-North Korea Joint Commission / Cambodian Deputy Prime Minister Hor Namhong / Cassava / Corn / Decocratic People's Republic of Korea / diplomatic relations / DPRK / energy / farming machines / fisheries / Foreign Affairs Ministry / General Kim Ill Sung / health sector / His Majesty former King Norodom Sihanouk / hydropower installation / industry / Investment / Joint Commission / Kim Ill Sung / King Norodom Sihanouk / Korea / livestock production / medicine production / Minister of Foreign Affairs and International Cooperation / modern medicine production / natural resources / North Korea / North Korea's General Kim Ill Sung / Ouch Borith / Ouch Borith Secretary of State for Cambodia's Ministry of Foreign Affairs and International Cooperation / peanut / Phnom Penh / Pyong-Yang Restaurant / Ri Myong San / Ri Myong San Trade Vice-Minister of DPRK / rice / rice product / rubber / Secretary of State for Cambodia's Ministry of Foreign Affairs and International Cooperation / Technology / Trade / Trade Vice-Minister of DPRK / trade vloume / traditional medicine production / Traid / Visiting Vice-Minister of Foreign Trade / Visiting Vice-Minister of Foreign Trade Ri Myong San
Cambodia and Democratic People’s Republic of Korea (DPRK) have inked the agreements to expand bilateral trade, technologies, agriculture, industry, investment and the health sector, and both sides also are trying to boost close ties for mutual benefits while both nations’ trading has been reported to be ...
Tycoon lands surprise
- 1 August 2011
- The Phnom Penh Post
- Economy and commerce
- Agriculture & Agri-business / cables / Cambodia / concessions / Conditions / construction / Diplomatic Cables / ELC / Government Panel / Hun Sen / Investors / LICADHO / Ministry of Agriculture / Money Man / Mong Reththy / Phnom Penh / Prime Minister Hun Sen / Pung Chhiv Kek / Transportation / United States of America / US Embassy / USA / wikileaks
Mong Reththy, former advisor to Prime Minister Hun Sen has said that investors should use local residents on their land concessions rather than evicting them and hiring outsiders. According to a US diplomatic cable released by WikiLeaks Mr. Reththy is “Hun Sen’s Money Man” and ...
http://www.phnompenhpost.com/index.php/2011072850694/National-news/tycoon-lands-surprise.html
Leopard Spots More Investment Opportunities
- 12 July 2011
- The Cambodia Daily
- Agriculture and fishing / Economy and commerce / Energy / Energy policy and administration / Generation and distribution facilities
- Agriculture & Agri-business / Cambodia / Cayman Islands / energy / Financial Services / Hong Kong / Investment / Laos / Leopard Capital / private equity firm / Renewable Energy
Approximately US $75 million will be invested in Cambodia and Laos by Leopard Capital. The company will focus on financial service, agriculture and power. The 10 year fund is targeting annual returns of 25 percent and will favor renewable energy sources. ...
Registered Businesses UP by 37 Percent, Data Show
Registered businesses have increased in number by 37 percent to approximately 1,528 compared with the same period for 2010. Cambodian Chamber of Commerce officials say that the number of entrepreneurs has increased with them focusing on textiles, agriculture and construction. Cambodia currently has an export ...
