News

Political instability has done little to dampen Vietnam’s appetite for investment in Cambodia, the latest figures revealed yesterday by Prime Minister Hun Sen show. Last year, Vietnamese investment reached $302 million, up 250 per cent from $86 million in 2012, according to the prime minister, who ...

A Royal Group subsidiary has signed a deal with two Vietnamese firms to import fertiliser, a senior official with the company said yesterday. Among several deals agreed to during Prime Minister Hun Sen’s trip to Vietnam this weekend, Nitrogen Chemicals and Fertilizer Cambodia Ltd, the subsidiary ...

The extent of the devastation of Cambodia’s forests was brought into sharp relief as 2013 drew to a close, with a series of detailed maps and satellite data released by NGOs showing the drastic depletion of the Kingdom’s woodland ecosystems. Images released by Open Development Cambodia ...

Communities threatened by the planned construction of three hydropower dams in Stung Treng and Ratanakkiri provinces will today submit to the Chinese Embassy a petition demanding that the embassy intervene against Chinese companies investing in the dams. The petition, to be presented in Chinese, Khmer and ...

A month after a company owned by tycoon Kith Meng was ordered to suspend logging the reservoir area of the controversial Lower Sesan II dam, the government yesterday threatened legal action against it if its orders aren’t followed. In a letter obtained by the Post yesterday, the Council ...

When one of Australia’s top intelligence agencies in 2009 presented staff with a slideshow detailing their attempts to intercept mobile telephone calls by Indonesia’s president, first lady and top officials, it also revealed other possible spying targets—including one of Cambodia’s largest mobile operators, MobiTel, according ...

A Stung Treng province district official on Sunday contradicted claims that logging in the area designated for the Sesan 2 dam had ceased a month ago, saying that it had only stopped last week after direct orders from the government to do so. On Thursday, Ministry ...

The government has ordered Ang & Associates Lawyer Co. Ltd., a company headed by well-known businessman Kith Meng, to cease logging in an area of Stung Treng province where a hydropower dam will be built. Sesan district governor Yeang Srey Sary said Thursday that a delegation ...

For Cambodians aspiring to a career in aviation, this weekend looks promising. Almost seven months after its formal establishment, Cambodia Airlines is hosting a career fair in Phnom Penh. The airline is moving forward by looking for staff – from captains, first officers and cabin crew ...

Philippine Airlines continues to pursue talks to form a new Cambodian flag carrier with local telecommunications, banking and property tycoon Kith Meng despite missing a deadline to close the deal for a second time this week, its top executive said. PAL president Ramon S. Ang said ...

Flag carrier Philippine Airlines (PAL) expects no more delays in the completion of the deal with Royal Group of Cambodia (RCG) to form Cambodia Airlines Co. Ltd. Yes, it should be done,” said PAL President Ramon Ang in a text message, when asked if the ...

Logging has officially begun in Stung Treng province in preparation for the construction of a massive hydropower dam, but local authorities and villagers said Wednesday that the clearing of forest is going unchecked outside the official dam concession area. The Lower Sesan 2 dam was approved ...

The private sector has called on the government to review Cambodia’s taxation law, a statute that business leaders say is outdated and needs to change if Cambodia wants to continue to attract foreign investment. Led by Cambodia Chamber of Commerce (CCC) president Kith Meng, a delegation ...

The parent company behind a firm constructing the Lower Sesan 2 dam in Stung Treng has repeatedly violated Chinese law by building “massive” power projects without prior approval, China’s national auditor has found. State-owned China Huaneng Group, of which Lower Sesan 2 partner Hydrolancang International Energy ...

PAL Holdings Inc., operator of flag carrier Philippine Airlines Inc., said Monday it expects to complete a $10-million investment in Cambodia Air by July 15 this year. PAL teamed up with Royal Group of Cambodia in April to establish its first international airline venture known as ...

Diversified conglomerate San Miguel Corp. (SMC) will invest $1.5 billion for its airline venture in Cambodia, its top executive said yesterday. Cambodia Airlines will have about 20 aircraft in its fleet and add as much as $400 million revenues per year to Philippine Airlines (PAL), said ...

Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...

China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...

The road to Srekor I village in Stung Treng province’s Sesan district is a bumpy one. The small discomfort caused by being jolted about on a motorcycle or being thrown around in a car, however, is offset by the striking scenery that surrounds a traveller ...

Stung Treng province Commune chief Seak Mekong changes into uniform in his family’s small wooden home in Sesan district’s Srekor I village before leading reporters to a speedboat on the Sesan River and motioning them to climb aboard. Mekong, a 42-year-old Sam Rainsy Party official, says ...

Prime Minister Hun Sen approved a decision in January to transfer hundreds of thousands of customers from bankrupt mobile phone operator Mfone to the country’s largest telecommunications firm, Mobitel, despite a court injunction preventing Mfone from offloading assets. According to the statement released yesterday by the ...

Cambodia Airlines, a majority-owned Cambodian company, and San Miguel Corp., the Philippines’ most diversified conglomerate, on Tuesday signed a joint venture agreement to set up a Cambodia-based airline – Cambodia Airlines – to service domestic and regional flights. The agreement was inked between Cambodian tycoon Kith ...

As many as 40 workers are cutting down trees, marking other trees they plan to fell in protected forest areas and piling up luxury timber in a flood-safety zone in Stung Treng’s Srekor commune, a local official said yesterday. Commune chief Seak Mekong said the workers ...

The 2013 China’s Zhejiang and Cambodia matchmaking symposium was held here on Tuesday to seek opportunities to expand business ties between China and Cambodia. Gong Zheng said the Chinese firms are doing businesses in the fields of agriculture, infrastructure development, construction and real estate, mineral ...