News

Striking Power Plant Trainees Get Wage Raise

More than 170 trainees at a Chinese-backed power plant under construction in Preah Sihanouk province ended a five-day protest on Monday after securing higher wages from their employer, according to a union representative and provincial official. Khmer Workers Power Federation Union president Chey Sovann, who negotiated ...

http://www.cambodiadaily.com/news/striking-power-plant-trainees-get-wage-raise-39520/

Cambodia's largest port sees 14 pct rise in cargo shipment in 5 months

The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...

http://news.xinhuanet.com/english/business/2013-06/12/c_132450037.htm

Thailand, Cambodia Recommit to Border Growth

The foreign ministers of Thailand and Cambodia signed a memorandum of understanding in Phnom Penh yesterday reconfirming their commitment to developing their joint border with new economic zones, checkpoints and a 1,800-MW power plant. “We have agreed to create four international checkpoints to improve trade ...

http://www.cambodiadaily.com

ADB Says Hydropower Growth Won’t Match Need for Oil, Coal

Cambodia’s reliance on imported fossil fuels to meet its energy needs is set to increase in the coming years, despite the raft of hydropower projects planned by the government, according to new data from the Asian Development Bank (ADB). Using baseline figures from the Institute ...

http://www.cambodiadaily.com/news/adb-says-hydropower-growth-wont-match-need-for-oil-coal-28794/

Thai generator looking at Kingdom

Thailand-based Ratchaburi Electricity Generating Holding Pcl (RATCH) has “seriously assessed” investment possibility in neighbouring countries including Cambodia, a company statement said last Thursday. It said it had geared up for business expansion in domestic and international markets in the potential existing investment bases Laos and Australia, ...

http://www.phnompenhpost.com/2013052065705/Business/thai-generator-looking-at-kingdom.html

PTT offers $960 mln to buy out Sakari to increase coal assets

Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...

http://www.reuters.com/article/2012/08/27/sakari-ptt-idUSL3E8JR02420120827

More Than 250 Firms Hold Mining Licenses

Almost 200 mining companies currently hold government licenses to mine construction materials such as granite, or to extract minerals, while another 53 firms are licensed to explore for mineral wealth, according to a Ministry of Industry, Mines and Energy report released Friday. Among these firms, 47 ...

Shipments increase at Sihanoukville Port

Shipments of freight through Sihanoukville Autonomous Port have seen a 14 percent growth in the second quarter of the year. The number of units passing through the port has risen by 8.6 percent compared to the same period last year. The majority of the shipments ...

http://www.phnompenhpost.com/index.php/2011071350353/Business/shipments-increase-at-sihanoukville-port.html

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