News

Licences to log SLCs are ordered revoked

The Council of Ministers has ordered licences granted to private companies to log and collect timber from social land concessions (SLC) and state-owned land revoked, following years of allegations that some companies were exploiting the permits to carry out illegal logging. The council on Monday released ...

Phak Seangly and Yesenia Amaro
http://www.phnompenhpost.com/national/licences-log-slcs-are-ordered-revoked

Four large companies bag mining licences

The Ministry of Mines and Energy has issued licences to four mining companies to extract minerals and precious metals in four provinces, according to a statement issued by the ministry. The four companies – Renaissance Minerals (Cambodia) Ltd., Kiri Resources Co. Ltd., Samnang Angkor Development Co. ...

Sum Manet
http://www.khmertimeskh.com/news/39684/four-large-companies-bag-mining-licences/

Acleda readies to open Myanmar’s first micro-finance firm

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...

http://www.phnompenhpost.com/2013011760823/Business/acleda-readies-to-open-myanmar-s-first-micro-finance-firm.html

Tycoon’s dredging tests locals’ patience

Ruling party senator Ly Yong Phat has defied an order endorsed by the Prime Minster to halt his controversial sand dredging activities on the Tatai river in Koh Kong, prompting authorities to request intervention, documents obtained by The Post reveal. The dredging operation on the ...

http://www.phnompenhpost.com/index.php/2011081050979/National-news/tycoons-dredging-tests-locals-patience.html

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