News

Laos approves Xayaburi 'mega' dam on Mekong

Laos has given the go-ahead to build a massive dam on the lower Mekong river, despite opposition from neighbouring countries and environmentalists. A formal ceremony marking the start of full construction at Xayaburi would be held on Wednesday, the government said. ...

http://www.bbc.co.uk/news/world-asia-20203072

CAMBODIA: INTERNATIONAL ARRIVALS INCREASED BY 24%

A report from the Tourism Ministry in Cambodia recently informed that the country witnessed a huge inflow of 2.57 million tourists in the period between January and September of this year. This is an increase of 24 percent in comparison to the same period in ...

http://www.tourism-review.com/cambodia-international-arrivals-increased-by-24--news3456

Cambodia spends $1.22 b to buy oil in 9 months

Cambodia spent $1.22 billion to purchase petroleum from foreign suppliers in the first nine months of this year, a 18 percent rise compared with $1.03 billion it spent during the same period last year, a Commerce Ministry’s report showed Monday. ...

http://www.globaltimes.cn/content/742405.shtml

Trade with Thailand increases

Trade between Cambodia and Thailand increased by about 40 per cent to US$3 billion in the first nine months of this year in comparison with the same period last year, according to figures provided by the Royal Embassy of Thailand in Cambodia. According to Nat Vimonchandra, ...

http://www.phnompenhpost.com/index.php/2012110559559/Business/trade-with-thailand-increases.html

Cambodia approves Lower Sesan 2 hydroelectric dam

Cambodia’s government has approved a controversial hydroelectric dam on a tributary of the Mekong River. The joint venture involves Cambodian, Chinese and Vietnamese investment of $781m (£488m) and is due to be completed within five years. The project in northern Stung Treng province is known as Lower ...

http://www.bbc.co.uk/news/world-asia-20184447

Protected forest reclassified as private land

The entirety of three protected forests are now classified as private land, an investigation from rights group Adhoc has found, along with tens of thousands of additional hectares of what has once been state public land In three cases, Adhoc’s findings show that entire protected forests ...

http://www.phnompenhpost.com/index.php/2012110159519/National-news/protected-forest-reclassified-as-private-land.html

Indonesia to import 100,000 tons of rice from Cambodia

Indonesia will import 100,000 tons of rice from Cambodia next month, Trade Ministry director general for foreign trade Deddy Saleh has said. The importation is a follow up from a joint trade agreement signed in August this year. “For the first batch, we will import 100,000 tons ...

http://www.thejakartapost.com/news/2012/11/01/indonesia-import-100000-tons-rice-cambodia.html

Doing business gets easier in Cambodia: World Bank

Cambodia rose five places in the World Bank’s annual Doing Business study to 133I’d out of 185 countries, largely due to the establishment of a credit bureau, which makes acquiring loans easier. The report, which ranks countries in 10 categories on the ease of doing ...

http://www.etmcambodia.com/viewarticles.php?articlesid=241

Over 2.5 million visitors to Cambodia in the first nine months of 2012

Cambodia attracted some 2.57 million international visitors in the first nine months of this year, a 24% rise compared with the same period last year, a report from the Ministry of Tourism showed on Wednesday. ...

http://www.traveldailynews.com/news/article/51858/over-2-5-million-visitors-to

FAT's direct Angkor Wat flights to resume Dec. 25

The Taipei-based Far Eastern Air Transport Corp. (FAT) will resume its direct flights from Taiwan to Angkor Wat in Cambodia starting Dec. 25 Soon after the FAT reopened its flight operations on April 18, 2011 following several years of suspension caused by financial troubles, the Tonlesap ...

http://www.chinapost.com.tw/taiwan/business/2012/11/01/359511/FATs-direct.htm

New unit stops 23 on Thai border

Units of a newly deployed, 100-strong military police force stationed around Banteay Meanchey province’s Poipet town after Pchum Ben snared 23 workers seeking to illegally cross the border into Thailand for work on Tuesday. Twenty mobile, five-man units were patrolling in rotating day and night shifts ...

http://www.phnompenhpost.com/index.php/2012110159506/National-news/new-unit-stops-23-on-thai-border.html

Analog to be Replaced by Fully Digital Television by 2020

Analog broadcasts from television stations all over Cambodia will cease and be replaced by digital transmissions by 2020 at the latest, Minister of Information Khieu Kanharith said yesterday. Speaking at a press conference to representatives from 13 television stations, Mr Kanharith said Cambodia needs to transition ...

Dolphins drive tourism

Kratie, a province in northeast Cambodia has seen an improvement in tourist arrivals and length of stay since the Mekong Discovery Trail project was established in 2007. The Mekong Discovery Trail is a co-operative effort with the Cambodia’s Ministry of Tourism and has the support of ...

http://www.ttrweekly.com/site/2012/10/dolphins-drive-tourism/

Celestial Tiger Entertainment announces five new carriage agreements

Celestial Tiger Entertainment (CTE), the operator of the largest bouquet of pan-Asian channels dedicated to Asian entertainment, has announced five new carriage agreements on the first day of the 2012 CASBAA Convention, the annual pay TV industry conference held in Hong Kong. The newly-inked deals ...

http://www.mediamughals.com/News/1/1/Article/10965/Celestial_Tiger_Entertainment_announces_five_new_carriage_agreements.htm

VimpelCom may sell units in Africa and Asia

Russian giant pulling back to core markets to achieve more rational structure and raise funds for investment Russia’s VimpelCom is considering selling many of its subsidiaries in Africa and Asia to focus on more “mature” markets, according to reports. The Financial Times newspaper says that the operator ...

http://www.rethink-wireless.com/2012/10/30/vimpelcom-sell-units-africa-asia.htm

Cambodian vegetable farmers forced to compete with Vietnamese rivals

Cambodian vegetable farmers say they are being forced to compete with more efficient farmers in Vietnam who use farming techniques to make their vegetables grow faster. Farmers in Sambork Meas, a village on the Mekong River in Mokkompul commune in Bakkeng district in Kandal province, say ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=14&token=ZWEwOWJiNzMwZWY4NmNhNzBhYjQxZWU0NzU2Mzk0

Indochine Mining Limited (ASX:IDC) Successful Capital Raising

Indochine Mining Limited (ASX:IDC.AX – News) is pleased to announce a successful capital raising from existing institutional shareholders and a new major global fund Indochine Mining Limited (ASX:IDC.AX – News) is a gold-copper exploration and development company. In Cambodia, it has the largest mining property holding ...

http://au.finance.yahoo.com/news/indochine-mining-limited-asx-idc-031410444.html

PTT sets Bt6bn budget for 5-year expansion

PTT has set aside up to Bt6 billion to carpet key Asean markets with more than 240 retail petrol stations over the next five years. President and chief executive officer Pailin Chuchottaworn said the company had earmarked spending of between Bt5 billion and Bt6 billion through ...

http://www.nationmultimedia.com/business/PTT-sets-Bt6bn-budget-for-5-year-expansion-30193279.html

CAMBODIA: H&M hits back at low wage claims

Swedish fashion retailer H&M has hit back at accusations that it fails to pay adequate wages to workers in Cambodian factories making its clothes – and says instead that the situation would be a lot worse if it didn’t source from the country ...

http://www.just-style.com/news/hm-hits-back-at-low-wage-claims_id115952.aspx

Milled rice boost: Cambodia gets US$1 million grant for milled rice exports

Cambodia has received a US$1 million grant in order to develop its milled rice industry and strengthen the country’s exporting capacity, according to the Cambodian Ministry of Commerce. It is part of a larger, US$3-4 million grant from the Enhanced Integrated Framework (EIF), a partnership ...

http://www.etmcambodia.com/viewarticles.php?articlesid=246

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