News

Agricultural options eyed in Cambodia

Representatives from over 100 Cambodian and Vietnamese companies gathered in Phnom Penh to seek agricultural investment opportunities between the two countries. Participants listened to reports on trade and co-operation opportunities in agriculture, forestry, aquaculture and seafood, delivered by representatives from both governments. They discussed Viet Nam’s ...

http://vietnamnews.vn/Agriculture/234150/agricultural-options-eyed-in-cambodia.html

Idemitsu, Cambodia sign biofuel production deal

Idemitsu Kosan Co. said Monday it has signed a memorandum of understanding with the Cambodian government to promote biofuel production in the Southeast Asian country. The move is part of plans by the Japanese energy firm to produce bioethanol out of cassava, a type of potato, ...

http://www.yomiuri.co.jp/dy/business/T121210003291.htm

ILO slams kingdom on union record

Adding to a growing list of foreign groups to censure the Cambodian government in the lead-up to the ASEAN Summit, the International Labour Organization yesterday ranked Cambodia among the biggest violators of the right to freedom of association. The Cambodia section of the report, which collated ...

http://www.phnompenhpost.com/index.php/2012111659777/National-news/ilo-slams-kingdom-on-union-record.html

“Once we enter a market, we are committed to it”

Philip Hampden-Smith, general manager of Southeast Asia operations at Manulife, talks about the company’s entry into the Cambodian market and what the new few years might bring. Cambodia’s nascent life insurance industry may be just only a year old but the nation of nearly 15 million ...

http://www.etmcambodia.com/viewarticles.php?articlesid=298

Tax revenue up from 2011

Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...

http://www.phnompenhpost.com/index.php/2012110959666/Business/department-officials-say-tax-revenue-is-up-from-last-year.html

Australian Senate Pushes for Fair Elections in Cambodia

The Australian Senate yesterday urged the Cambodian government to run free and fair national elections next year without the “harassment or intimidation” of opposition leader Sam Rainsy, who remains in self-imposed exile avoiding an 11-year jail sentence. The appeal comes only days after the European Parliament ...

http://www.cambodiadaily.com/news/australian-senate-pushes-for-fair-elections-in-cambodia-4930/

Phnom Penh Water Festival off

The Cambodian government has decided to cancel this year’s Water Festival in Phnom Penh out of respect for the late King Father Norodom Sihanouk, Prime Minister Hun Sen announced on Tuesday. The Prime Minister said in a circular notice that the celebration on the Tonle Sap ...

http://www.phnompenhpost.com/index.php/2012101859288/National-news/water-festival-cancelled-in-honour-of-the-king.html

Cambodia denies it plans to build a nuclear power plant

The Cambodian government says reports that it is planning to build a nuclear power plant are untrue. Cambodia denies it plans to build a nuclear power plant (Credit: ABC) A report originating in the Bangkok Post newspaper has been replicated internationally. It says the Prime Minister Hun ...

http://www.radioaustralia.net.au/international/radio/program/connect-asia/cambodia-denies-it-plans-to-build-a-nuclear-power-plant/1032012

Rebuilding Cambodia's troubled railways

A project to rebuild Cambodia’s decrepit rail-system appears on track for completion, despite delays and difficulties relocating residents The ABC has been told of the $26 million originally allocated through AusAID, just over $14 million remains, and will go towards finishing tracks and building a bridge ...

http://www.abc.net.au/news/2012-10-10/an-rebuilding-cambodia27s-troubled-rail-system/4305676

Cambodia will spend $67 million finance to restore infrastructure from last year flood damage

ADB (Asian development bank) pledged to offer $55 million loan for infrastructure restoration from flood damage last year in Cambodia. At the same time, AusAid also offered 5.25 million US dollars, and the Cambodian government will spend 6.39 million US dollars for the whole infrastructure ...

http://thesoutheastasiaweekly.com/?p=4483

Cambodia creates safe zones for Mekong dolphins

The Cambodian government on Friday said it will limit fishing in a zone in the Mekong River to protect critically endangered freshwater dolphins The Irrawaddy dolphin conservation area will cover a 180-kilometre-long (110 miles) stretch of river from eastern Kratie province to the border with Laos, ...

http://news.xin.msn.com/en/regional/cambodia-creates-safe-zones-for-mekong-dolphins-2

Land concession cancelled by PM

The Cambodian government has cancelled a 14,981-hectare concession in the Cardamom mountains granted to an Australian firm for a banana plantation, the conservation group Wildlife Alliance has reported. Wildlife Alliance has long lobbied against the concession in Koh Kong province’s southern cardamom forest on which Indochina ...

http://www.phnompenhpost.com/index.php/2012072357564/National-news/land-concession-cancelled-by-pm.html

Kantha Bopha hospitals get another $1 million

The Cambodian government donated $1 million to Kantha Bopha Children’s Hospitals on July 18, said Minister of Health Mam Bunheng. The donation came to the free outpatient medical institution as it’s facing a budget shortfall.   ...

http://www.phnompenhpost.com/index.php/2012071957508/National-news/kantha-bopha-hospitals-get-another-1-million.html

GE Engines to power Cambodian rice husk power project

GE Energy has signed a contract with Cambodian industrial conglomerate Soma Group to supply two of its engines to power a biomass gasification facility. Soma Group’s Hak Se mill biomass gasification project is located in Cambodia’s rural rice milling region Kamphong Cham, and reinforces a 2011 ...

http://biomassmagazine.com/articles/7870/ge-engines-to-power-cambodian-rice-husk-power-project

Boeng Kak Women Meet US Ambassador for Women’s Affairs

Five women from the Boeng Kak lake community met with the U.S. ambassador-at-large for women’s affairs on Saturday in Siem Reap City, asking the U.S. to intervene in their case and put pressure on the Cambodian government to stop violence against women. Meeting on the sidelines ...

Borei Keila evictees turn to Clinton

As the ASEAN summit turns Phnom Penh into a buzz of diplomatic activity, the chance to send a well-timed message has not been lost on the local community. Fifteen representatives of the evicted families of Borei Keila yesterday filed a petition asking US Secretary of State ...

http://www.phnompenhpost.com/index.php/2012071057318/National-news/borei-keila-evictees-turn-to-clinton.html

Manulife enters Cambodia's burgeoning insurance market

Canadian insurance and financial services company Manulife Financial officially launched its Cambodian country office on June 28, one of several new players seeking to enter one of Southeast Asia’s still-untapped markets. Britain’s No.1 insurer Prudential said last week it had approval from the Cambodian government to open a wholly foreign-owned life insurance operation. Manulife, the world’s ...

http://www.etmcambodia.com/blog.php?article=508

Cambodia to create its first Marine Protected Area

Cambodia will begin the creation of its first Marine Protected Area (MPA) this year, covering some 300 square kilometres of coral-rich seas around islands of Koh Rong and Koh Rong Samloem in the Gulf of Thailand. This follows a successful two-year scientific survey of the area ...

http://www.peopleandplanet.net/?lid=30370§ion=35&topic=23

Global insurers expanding in Southeast Asia turn to Cambodia

Two global life insurers are opening offices in Cambodia, one of Southeast Asia’s few untapped insurance markets, as they strengthen their foothold in a region that could eventually be a key driver of revenue growth. Britain’s No. 1 insurer Prudential said on Monday it won in-principle ...

http://uk.reuters.com/article/2012/07/04/cambodia-insurance-pru-manulife-idUKL3E8I32H220120704

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