News

Siem Reap Power Cut Hurts Tourism Industry

Three days after it went out, power had yet to be restored to large parts of Siem Reap province yesterday, badly impacting local businesses in the popular tourist hub of Siem Reap City and seeing a rush of people to buy generators. The power failure followed ...

http://www.cambodiadaily.com/

Cambodia attracts 9.17 bln USD investment from China in last 18 years

Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. ... According to the report, China's investment in Cambodia focused on the fields ...

http://news.xinhuanet.com/english/business/2013-02/06/c_132154931.htm

Energy security linked to firm borders

Energy supplies will be more secure once territorial disputes between Thailand and Cambodia are resolved, Department of Mineral Fuels director-general Songpob Polchan said on Friday. Mr Songpob said that the sooner Thailand and Cambodia are able to work out their differences, the sooner they can exploit ...

http://www.bangkokpost.com/breakingnews/330370/end-to-border-row-to-help-energy-sector

Vietnam investment in Cambodia hits US$2.5 bil

Vietnamese enterprises so far have invested in 124 projects in Cambodia with total registered capital of some US$2.5 billion, four times higher than the figure in 2009. As such, Vietnam is now among the top five investors in Cambodia, said the Association of Vietnamese Investors in ...

http://english.vietnamnet.vn/fms/business/55818/vietnam-investment-in-cambodia-hits-us-2-5-bil.html

Cambodia-Vietnam trade, investment see marked rises in 2012

Bilateral trade volume between Cambodia and Vietnam jumped to 3.3 billion U.S. dollars in 2012, a 18 percent rise from 2.8 billion U.S. dollars in 2011, according to a report provided by the Association of Vietnam Investment in Cambodia on Saturday. ... The report also said ...

http://news.xinhuanet.com/english/world/2012-12/29/c_132070890.htm

Czech to increase diplomatic ties with Cambodia

The Czech Republic is going to set up its embassy residence here next year in order to strengthen and expand bilateral relations and cooperation between the two nations, the newly-designated ambassador of the Czech Republic to Cambodia Vitezslav Grepl said Tuesday. ... He said the permanent ...

http://www.nzweek.com/world/czech-to-increase-diplomatic-ties-with-cambodia-38328/

National Electricity Provider Warns of Dry-Season Power Cuts

The national electricity provider has warned residents in Phnom Penh and in Kompong Speu and Kandal provinces to expect power outages in the coming months as supply would likely fall short of demand throughout the dry season. In a statement issued Friday, Electricite du Cambodge (EdC) ...

http://www.cambodiadaily.com/news/national-electricity-provider-warns-of-dry-season-power-cuts-6384/

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

Hun Sen Says Cambodia Is Not Ready for Nuclear Power

Prime Minister Hun Sen yesterday denied giving the green light for a neighboring country to construct an electricity-generating nuclear power plant in Cambodia, saying it would be too dangerous. ... Senior Minister and Vice Chairman for the Council for the Development of Cambodia Sun Chanthol said ...

More Lao land deals inked

Laos has contracted firms to build and operate another significant hydro-power plant on the Mekong River system, adding to the existing furor over potential effects on downstream countries such as Cambodia from the controversial Xayaburi dam. The contracts, reportedly worth $1 billion, are for a series of three dams making ...

http://www.phnompenhpost.com/index.php/2012102559403/National-news/more-lao-dam-deals-inked.html

Questions over China dams

Some questions remain about whether hydro dams on the upper Mekong River in China exacerbated conditions during Cambodia’s devastating drought of 2010, environmental groups say, as China’s dam program powers ahead. When the first power-generating unit was switched on last month at China’s giant 262-metre tall ...

http://www.phnompenhpost.com/index.php/2012102359350/National-news/questions-over-china-dams.html

Offshore refueling on the horizon

Danish marine fuel company Go4 Bunker Denmark yesterday launched the first company in Cambodia to supply ship fuel to  vessels traveling through Cambodia’s waters, according to officials. The launch ceremony for the newly established Go4 Bunker Cambodia Co Ltd yesterday was presided over by Danish Princess ...

http://www.phnompenhpost.com/index.php/2012101159246/Business/offshore-refueling-on-horizon-in-cambodia.html

Renewable energy used for rice milling

The Federation of Cambodian Rice Millers Association in Battambang province will establish a biomass-generated electricity plant in Battambang, an insider said. The plant will cost up to US$10 million and generate 10 megawatts of electricity. Phou Puy, president of the Federation of Cambodian Rice Millers Association (CRMA) and the ...

http://www.phnompenhpost.com/index.php/2012101059210/Business/renewable-energy-used-for-rice-milling.html

Cambodia to get more energy from Thailand

Thailand has committed to supplying additional energy to provinces on the Thai-Cambodia border, an official says. Tun Lean, director of the General Energy Department at the Ministry of Industry, Mines and Energy, said on Monday its Thai counterpart would supply an additional 40 megawatts of energy. ... For ...

http://www.phnompenhpost.com/index.php/2012101059212/Business/cambodia-to-get-more-energy-from-thailand.html

PTT signs agreement to set up retail oil venture in Myanmar

PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner... Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...

http://www.bangkokpost.com/business/economics/314856/ptt-signs-agreement-to-set-up-retail-oil-venture-in-myanmar

Cambodia eyes domestic oil production, refinery for energy security: official

Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...

http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/7105582

Cambodian king visits Vietnam to cement bilateral ties

Cambodian King Norodom Sihamoni began a 3-day state visit to Vietnam starting on Monday at the invitation of Vietnamese President Truong Tan Sang, local media reported. The visit, the fourth made by Cambodian king since he came to the throne in 2004, will likely elevate further ...

http://news.xinhuanet.com/english/world/2012-09/24/c_131869525.htm

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