News

England Promises to Invest US$ 2.22 Billion in Cambodia

England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...

http://thesoutheastasiaweekly.com/

Hands-on contest a hit in Cambodia

Long a popular fixture of US TV and radio competitions, “Hands on a Hardbody,” a marathon endurance contest where participants vie to hold their palms against a car the longest in order to win it, has expanded to Cambodia. More than 80 participants took part ...

http://www.phnompenhpost.com/index.php/2011090151403/Lifestyle/hands-on-contest-a-hit-in-cambodia.html

Capital’s growth pushes housing demand

Phnom Penh’s growing population is driving demand for residential property, with approvals soaring in the first seven months of this year, according to Lao Tip Seiha, director of the construction department at the Ministry of Land Management, Urban Planning and Construction. A total of 227 ...

http://www.phnompenhpost.com/index.php/2011090151405/Special-Supplement/capitals-growth-pushes-housing-demand.html

Tourism stronger than predicted

The Kingdom’s tourism industry this year will perform much better than the government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues ...

http://www.phnompenhpost.com/index.php/2011090151407/Business/tourism-stronger-than-predicted.html

Fainting factory told to act

Another garment factory within the International Labour Organisation’s Better Factories program was hit by a mass fainting incident yesterday.  More than 50 employees of Heart Enterprise (Cambodia) Co Ltd began collapsing soon after starting their shift at the facility, in Phnom Penh’s Dangkor district. An ...

http://www.phnompenhpost.com/index.php/2011090151398/National-news/fainting-factory-told-to-act.html

Cruise Ship Arrivals Dip 31% in First Half

The number of visitors arriving by cruise ship in Sihanoukville dropped steeply in the first six months of the year compared to the same period last year, a Tourism Ministry official said yesterday. A lack of attractions in Sihanoukville and high visa fees were keeping ...

At Least 50 Garment Workers Faint Over Two Days

At least 50 garment factory workers fainted over the past two days in Phnom Penh’s Dangkao district, bringing the number of workers who have fainted in the district in August to 60, workers and union members said yesterday. N Tuesday, workers from Heart Enterprise Cambodia ...

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 ...

http://www.phnompenhpost.com/index.php/2011083151356/Business/tensions-cause-drop-in-asean-imports.html

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 ...

http://www.phnompenhpost.com/index.php/2011083151366/National-news/minister-seeks-funds-for-climate-change.html

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. ...

http://www.phnompenhpost.com/index.php/2011083151371/National-news/huge-swaths-of-flooded-forest-protected-by-decree.html

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 ...

http://www.pattayamail.com/news/foreign-ministry-is-ready-to-talk-with-cambodia-over-overlapping-sea-area-5963

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 ...

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 ...

http://www.bworldonline.com/content.php?section=Corporate&title=Rice-grower-to-set-up-farms-in-Cambodia-and-Myanmar&id=37530

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 ...

http://www.phnompenhpost.com/index.php/2011083051330/Business/tourism-numbers-rise-by-14-per-cent.html

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