News

Airport railway 50 percent done

The Minister of Public Works and Transportation announced yesterday that the railway line connecting Phnom Penh to the airport is 50 percent complete. Sun Chanthol said the project from the Phnom Penh train station to the airport is half finished and added that trains are on ...

Sen David
http://www.khmertimeskh.com/50106736/airport-railway-50-percent-done/

'Silent waterworld': Cambodian village submerged by floodwater from Chinese-built dam

Floodwater released from a hydroelectric dam has completely submerged a Cambodian village, turning it into a “silent waterworld”. The new Lower Sesan 2 Dam has unleashed a deluge of water on Srekor, in the northern province of Stung Treng, according to California-based campaign group International Rivers. ...

Tom Barnes
http://www.independent.co.uk/news/world/asia/dam-flood-cambodia-china-village-srekor-underwater-submerged-silent-waterworld-a8193461.html

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/

PAL expects Cambodia Air deal to push through

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 ...

Lenie Lectura
http://www.abs-cbnnews.com/business/09/26/13/pal-expects-cambodia-air-deal-push-through

SMC to invest 1.5 billion dollars in Cambodia Airlines

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 ...

http://www.abs-cbnnews.com/business/05/10/13/smc-invest-15-billion-dollars-cambodia-airlines

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

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