News

Electricity Vietnam No Longer Involved in Lower Sesan 2 Dam

Electricity Vietnam International (EVNI), a subsidiary of Vietnam’s state-owned electricity giant EVN, is no longer involved in the Lower Sesan 2 dam, a Vietnamese Embassy official confirmed yesterday. Cambodian conglomerate Royal Group and China’s Hydrolancang International Energy Co. Ltd. on Monday signed an agreement in Phnom ...

http://www.cambodiadaily.com/news/electricity-vietnam-no-longer-involved-in-lower-sesan-2-dam-6363/

Cambodia greets 2.86 mln foreign visitors in 10 months

Cambodia attracted approximately 2.86 million international tourists in the first ten months of this year, up 24 percent over the same period last year, a report of the tourism ministry showed Wednesday. The report said Vietnam remains the largest source of foreign visitors to Cambodia ...

http://news.xinhuanet.com/english/travel/2012-11/28/c_132004445.htm

No talks at shoe factory worker strike

A union representative in the Kandal province of Cambodia, said there had been no negotiations with management since workers struck Nov. 15 for better pay. The Phnom Penh Post reported Tuesday that the union estimates 1,000 workers are on strike, but management at the Global ...

http://www.upi.com/Business_News/2012/11/27/No-talks-at-shoe-factory-worker-strike/UPI-88681354049039/

Rare hardwood sparks gunfights, corruption in Asia

KOH KONG, CAMBODIA — A Thai force dubbed the “Rambo Army” couldn’t stop the gangs, armed with battlefield weaponry, as they scoured the forests. Neither could a brave activist, gunned down when he came to investigate. Nor, apparently, can governments across Southeast Asia. The root of the ...

http://www.bradenton.com/2012/11/24/4291081/rare-hardwood-sparks-gunfights.html

Beeline Sees Decline in Subscribers

The number of customers subscribing to the mobile operator Beeline has dropped by more than 100,000 in the last quarter, and its average revenue per user has sunk to its lowest in more than a year, the company announced in its third-quarter financial report. ...

http://www.cambodiadaily.com

Cambodia inaugurates China-funded road in eastern part

Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...

http://Editor: Tang Danlu

Officials ignore call for special small and medium enterprises bank

Cambodian officials have refused to establish a specialised bank for small and medium enterprises (SMEs) despite experts saying the sector needs aid in order to compete efficiently with ASEAN economic integration in 2015. Hang Chounnaron, secretary of the Ministry of Economy and Finance said Cambodia would ...

http://www.phnompenhpost.com/index.php/2012112059836/Business/officials-ignore-call-for-special-sme-bank.html

Movement on migrant Memorandum of Understanding

A migrant worker Memorandum of Understanding (MoU) is back in the spotlight after Malaysia yesterday agreed to send a delegation of senior government officials to meet with their Cambodian counterparts tomorrow and Thursday. MoU talks are of mounting importance in the face of escalating evidence of ...

http://www.phnompenhpost.com/index.php/2012112059823/National-news/movement-on-migrant-mou.html

Envoy hopeful of more direct flights from Phl to Cambodia

The Philippine ambassador in Cambodia is confident there will be more direct flights between the two Asian countries, apart from the current Manila-Siem Reap route, which is six hours away by land from this capital. Ambassador Noe Wong expressed optimism there will be another memorandum of ...

http://www.philstar.com/headlines/2012/11/19/868375/envoy-hopeful-more-direct-flights-phl-cambodia

Cambodia-U.S. trade reaches 2.2 bln USD in 9 months, up 2 pct

The bilateral C volume between Cambodia and the United States reached 2.2 billion U.S. dollars in the first nine months of this year, a 2 percent rise compared with 2.15 billion U.S. dollars at the same period last year, according to the statistics of the ...

http://news.xinhuanet.com/english/business/2012-11/19/c_131984263.htm

Full text of White House statement on US-ASEAN Leaders Meeting

On November 19, 2012, President Obama met with the leaders of the 10 member states of the Association of Southeast Asia Nations (ASEAN) to deepen our diplomatic, economic, security, and people-to-people ties with the key Asian multilateral organization. With a population of approximately 620 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MzZkZDcxNWNkMWUxNTM2ZTE5YzU5M2E1MmM2Njg0

EU warns 8 nations to improve their fight against illegal fishing

he European Union is warning eight nations from around the world to improve their fight against illegal fishing or risk sanctions. EU Fisheries Commissioner Maria Damanaki said Thursday that naming Belize, Cambodia, Fiji, Guinea, Panama, Sri Lanka, Togo and Vanuatu did not mean they were put ...

http://www.edmontonjournal.com/business/warns+nations+improve+their+fight+against+illegal+fishing/7552277/story.html

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