News

Royal Group set to build hotel on Koh Rong

The Royal Group, in partnership with a Thailand-based Swiss investor, will build a 148-room five-star hotel on Preah Sihanouk’s Koh Rong island, with the group having completed a ground-breaking ceremony on Saturday. ...

Kun Kourchettana
http://www.phnompenhpost.com/business/royal-group-set-build-hotel-koh-rong

Police chief abuses power, commune chief says

More than 200 villagers living on the fringe of a giant hydropower project in Stung Treng province are lobbying for their commune’s police chief to be removed, alleging that he habitually confiscates illegally logged wood from villagers on behalf of powerful business interests. ...

Aun Pheap
https://www.cambodiadaily.com/news/police-chief-abuses-power-commune-chief-says-100217/

Tensions escalate as Royal Group accelerates island development

Residents of Koh Rong Island, off the coast of Sihanoukville, have this week called on government officials, including Prime Minister Hun Sen, to review what they are labelling “abusive activities” by the Royal Group (RG) conglomerate. ...

Jack Laurenson
http://www.khmertimeskh.com/news/14333/tensions-escalate-as-royal-group-accelerates-island-development/

Locals to be forced off for Kith Meng

Villagers in Oddar Meanchey province’s Banteay Ampil district have been ordered to vacate their homes by Saturday, after it was determined last month that the area belongs to prominent businessman Kith Meng. ...

Phak Seangly
http://www.phnompenhpost.com/national/locals-be-forced-kith-meng

Subedi talks rights with CCC president Kith Meng

The United Nation’s human rights envoy Surya Subedi met yesterday with the president of Cambodia Chamber of Commerce, Kith Meng, to discuss human rights and economic growth in the Kingdom. At the top of the agenda was the management of economic land concessions and the role ...

Chan Muyhong
http://www.phnompenhpost.com/business/subedi-talks-rights-ccc-president-kith-meng

Refugee house hunting

High-level bureaucrats from Australia have visited several sites in Cambodia over the past two months to view properties where refugees from its overseas detention centre on Nauru could be relocated, the Post has learned. Separate sources, who cannot be named because of the sensitivity of the ongoing negotiations, ...

Daniel Pye and Cheang Sokha
http://www.phnompenhpost.com/national/refugee-hous

ANZ says no to evicted Cambodian farmers

ANZ has ruled out helping hundreds of poor Cambodian families forcibly evicted from their land to make way for sugar-cane plantations that involved child labour and led to food shortages. Fairfax Media this year revealed confidential audits that disclosed that ANZ’s Cambodian subsidiary, ANZ Royal Bank, ...

Richard Baker and Nick McKenzie
http://www.brisbanetimes.com.au/national/anz-says-no-to-evicted-cambodian-farmers-20140819-105sib.html

ANZ hit by controversy in Cambodia

ANZ is facing calls for compensation over its funding of a Cambodian sugar mill linked to child labour, forced evictions and land grabs. Media reports on Monday said hundreds of Cambodian farmers had called on the bank to provide compensation for the land they lost due ...

Georgia Wilkins
http://www.stuff.co.nz/business/world/10358069/ANZ-hit-by-controversy-in-Cambodia

Sesan II reservoir a laundry for illegal timber

Filthy trucks loaded with luxury timber rule the red-earth roads in this heavily deforested district. Each day, dozens of 10-wheelers bounce along the pot-holed roads, carting logs of the much-sought Thnong timber. And while some of the cargo is legal, much of it is not. ...

Matt Blomberg and Phann Ana
http://www.cambodiadaily.com/news/sesan-ii-reservoir-a-laundry-for-illegal-timber-60575/

PAL still keen on Cambodia Air venture

FLAG carrier Philippine Airlines (PAL) has not lost its interest in pursuing a joint-venture agreement with Royal Group of Cambodia (RGC) to establish Cambodia Airlines Co. Ltd.  PAL President Ramon S. Ang confirmed that his airline’s discussions for investment in the Cambodian carrier are ongoing, as ...

Lorenz S. Marasigan
http://www.businessmirror.com.ph/index.php/en/business/companies/32817-pal-still-keen-on-cambodia-air-venture

New rice body gets president

The newly formed Cambodia Rice Federation (CRF), an organisation aimed at uniting the entire rice sector under one representative body, will be headed by Sok Puthyvuth, son of Deputy Prime Minister Sok An. Puthyvuth, who is also CEO of SOMA Group, a multifaceted business that includes ...

Chan Muyhong and Eddie Morton
http://www.phnompenhpost.com/business/new-rice-body-gets-president

Families demand more dam compensation

Representatives of more than 250 ethnic Lao families in Stung Treng province, near the border with Laos, met under a mango tree Monday and decided to reject a compensation package offered by the developer of the Lower Sesan II dam. In January, the government approved a ...

Aun Pheap
http://www.cambodiadaily.com/news/families-demand-more-dam-compensation-56034/

For Royal Group, sale not desired

Executives from Australia and New Zealand Banking Group Limited (ANZ) and local partner Royal Group of Companies (RGC) both went into damage control yesterday after comments by ANZ chief executive officer Mike Smith suggesting the joint banking venture between the two was on the rocks. Royal ...

Daniel de Carteret
http://www.phnompenhpost.com/business/royal-group-sale-not-desired

Royal Group denies report that Cellcard seeks investor

Royal Group executives, owners of Cambodia’s leading mobile phone operator Cellcard, vigorously denied the veracity of a London-based media report on Friday that claimed the phone company is looking for investors and wants to sell off its telecommunications towers because it is unable to raise ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-denies-report-that-cellcard-seeks-investor-53741/

Cellcard advert questioned

The Cambodian Centre for Human Rights (CCHR) is calling out telecommunications firm Mobitel over a TV ad that shows a young Cambodian man who is shocked and dismayed when he meets, on a blind date, what appears to be a transgender woman. Lasting about 60 seconds, ...

Eddie Morton
http://www.phnompenhpost.com/business/cellcard-advert-questioned

Kanharith reiterates no TV Station for broadcaster Sonando

Information Minister Khieu Kanharith on Wednesday revealed plans to split state-run TVK into three separate television stations but reiterated that no frequencies are available for independent radio broadcaster Mom Sonando. Mr. Sonando, who owns Beehive radio station, has over the past several years repeatedly requested a ...

Khuon Narim
http://www.cambodiadaily.com/news/kanharith-reiterates-no-tv-station-for-broadcaster-sonando-53279/

PAL still pursuing Cambodia venture

PAL Holdings Inc., the operator of flag carrier Philippine Airlines, said Wednesday it will pursue the plan to invest in Cambodia Airlines. The airline operator said in a disclosure to the stock exchange the “ongoing preparations for the completion of the contemplated joint venture agreement between ...

Lailany P. Gomez
http://manilastandardtoday.com/2014/02/13/pal-still-pursuing-cambodia-venture/

PAL urged not to pursue deal to form Cambodia Airlines

 Flag carrier Philippine Airlines (PAL) is said to be better off not pursuing a deal with Royal Group of Cambodia (RGC) to form Cambodia Airlines Co. Ltd., saying there are other “bigger priorities” for the flag carrier. CAPA said the Cambodia-Philippines is a small market, ...

Lenie Lectura
http://www.abs-cbnnews.com/business/02/04/14/pal-urged-not-pursue-deal-form-cambodia-airlines

PAL reassesses Cambodia plan

PAL Holdings Inc., the operator of Philippine Airlines, is reviewing investment plans in Cambodia Air, after it deferred twice the completion of the joint venture with Inter Logistics (Cambodia) Co. Ltd. PAL said earlier it teamed up with Royal Group of Cambodia to establish its ...

Lailany P. Gomez
http://manilastandardtoday.com/2014/01/23/pal-reassesses-cambodia-plan/

Good ties boost Chinese investments in Cambodia -- PM

Cambodian Prime Minister Hun Sen said Wednesday that the country’s good relations and cooperation with China have encouraged more and more Chinese investors to Cambodia. The premier made the remarks during a meeting with Zhang Tingke, visiting vice-president of a leading Chinese power company Huaneng Group, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-01/22/c_133065798.htm

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