News
Court temporarily halts lease transfer for victory beach
Russian businessmen Nikolai Doroshenko and Sergei Polonsky are locked in a legal dispute over Sihanoukville’s Victory Beach following Mr. Polonsky’s release from prison last month, according to copies of court documents obtained Monday. The Preah Sihanouk provincial court has temporarily prevented Mr. Doroshenko from transferring the ...
Joshua Wilwohl
http://www.cambodiadaily.com/news/court-temporarily-halts-lease-transfer-for-victory-beach-58598/
Ivory haul investigation kept under wraps
Customs officials over the weekend said they will shed no further light on Friday’s massive haul of three tons of illegal elephant ivory at Sihanoukville Autonomous Port—Cambodia’s biggest-ever ivory seizure—until investigations are complete and a case can be sent to court. A scan on containers that ...
Saing Soenthrith
http://www.cambodiadaily.com/news/ivory-haul-investigation-kept-under-wraps-58470/
Cambodia seizes 3 tons trafficked ivory tusks at sea port
Cambodian customs officers on Friday morning confiscated around three tons of elephant tusks at the Sihanoukville Autonomous Port in Southwestern Preah Sihanouk province. In February, customs officers nabbed two Vietnamese men at the Siem Reap International Airport for smuggling 79.5 kg of illegal elephant tusks ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/09/c_133321744.htm
Port volume on the rise in Q1
Cargo volumes at Cambodia’s two largest ports increased steadily during the first three months of the year, signalling stability in the Kingdom’s economy, port officials say. Data from Sihanoukville Autonomous Port (SAP), Cambodia’s largest shipping dock, showed more than 860,000 20-foot-long shipping containers passed through the ...
May Kunmakara
http://www.phnompenhpost.com/business/port-volume-rise-q1
Trucks hauling luxury wood busted
Police in Kompong Speu province on Monday night stopped three container trucks on National Road 4 bound for Sihanoukville Autonomous Port, seizing more than 100 logs of illegal luxury wood, officials said. Provincial economic police chief Nhem Sao said that his officers and police from Chbar ...
Saing Soenthrith
http://www.cambodiadaily.com/news/trucks-hauling-luxury-wood-busted-57090/
Cambodian largest port sees rise in cargo shipment in first quarter
The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, reported a 13 percent rise in cargo shipments in the first three months of this year, a port’s data showed Thursday. Some 862,380 tons of goods had been transported through the port during the January-March period this year, ...
Global Times News Staff
http://www.globaltimes.cn/content/855162.shtml#.U1CEvPmSxqU
Three Japanese navy ships to visit Cambodia next week
Three Japanese Maritime Self-Defense Force (JMSDF) vessels will visit Cambodia on 17-20 February, said a statement of the Japanese Embassy in Phnom Penh on Thursday. The statement added that Captain Koji YAGI, who leads the visit of the vessels, will pay a courtesy call on ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=N2UyMDdmMDk5MzU
India urges more trade action
The Indian ambassador to Cambodia is calling on the government to reduce exorbitant shipping costs and take better advantage of a tariff scheme that India offers, two obstacles that the diplomat says are discouraging bilateral trade. Ambassador Dinesh Patnaik said on Tuesday that Indian businesses exporting ...
Eddie Morton
http://www.phnompenhpost.com/business/india-urges-more-trade-action
Cambodia's 2nd largest port reports 16 pct rise in shipments last year
Cargo shipments entering and leaving Cambodia through the Phnom Penh Autonomous Port rose by 16 percent in 2013 thanks to better economic situation, according to a port’s data on Friday. The kingdom’s 2nd largest port received 110,500 twenty-foot-equivalent units, or TEUs (standard-sized containers), last year, up ...
Global Times News Staff
http://www.globaltimes.cn/content/839204.shtml#.UuYAYRD-LIU
Cargo shipments at Cambodia's two largest ports see remarkable rise in 11 months
The Sihanoukville Autonomous Port, Cambodia’s largest shipping facility, on Tuesday reported a 12 percent rise in cargo shipments in the first eleven months of 2013. The state-owned sea port had received 2.73 million tonnes of goods during the January-November period this year, up from 2.43 million ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131210/cargo-shipments-at-cambodias-two-largest-ports-see-remarkabl
Farmers weigh up US technology
US and Cambodian governments have presented a united front calling for the country’s agriculture industry to diversify, modernise and commercialise. US ambassador William E Todd and the Cambodia’s Deputy Prime Minister and Chairman of the Council for Agricultural and Rural Development Yim Chhay Ly led an ...
Chan Muy Hong and Eddie Morton
http://www.phnompenhpost.com/business/farmers-weigh-us-technology
Expired meds missing: officials
Officials from Svay Rieng’s provincial health department are rounding up expired medications that medical staff and villagers are believed to have pocketed while clearing a stockpile near the provincial hospital on Wednesday, local health officials said yesterday. Provincial medical staff alerted the provincial health department after ...
Khoun Leakhana
http://www.phnompenhpost.com/national/expired-meds-missing-officials
Construction of port terminal set for early ’14
Construction on a new multi-purpose terminal at Sihanoukville Autonomous Port is expected to begin in early 2014 to support Cambodia’s rising exports, port officials said yesterday. The new terminal, linking sea to shore, will occupy three hectares and is expected to be finished by late 2016. ...
Chan Muy Hong
http://www.phnompenhpost.com/business/construction-port-terminal-set-early-%E2%80%9914
Cargo shipments up 16 pct
The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...
May Kunmakara
http://www.phnompenhpost.com/business/cargo-shipments-16-pct
Chinese hospital ship arrives in Cambodia for goodwill visit
Chinese hospital ship “Peace Ark” arrived at the Sihanoukville Autonomous Port on Tuesday as part of its overseas voyage to further enhance China- Cambodia ties and to provide medical services to local residents. The ship’s visit was to provide medical service to local people and ...
CCTV News Staff
http://english.cntv.cn/20130924/104726.shtml
Cambodia’s bourse sees record low volume
In the frenzied run-up to the national election Sunday, Phnom Penh has been the site of concerts, rallies and streets packed with campaigners. But the energy hasn’t spread to the halls of the Cambodia Securities Exchange. At the close of trading Tuesday, five business days had ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-bourse-sees-record-low-volume
Trading Floor Silent Two Years After CSX Launch
It is almost two years to the day since Cambodia’s stock market launched in Phnom Penh in front of proud government officials, senior financiers and eager investors from across the region. Initial expectations were that a total of three state-owned firms would be listed within six ...
Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/business/trading-floor-silent-two-years-after-csx-launch-35211/
Cargo Traffic Grows at Sihanoukville Port
The total weight of goods transported through the Sihanoukville Autonomous Port in the first six months of the year was up 15 percent compared with the same period last year, according to figures released Thursday. Some 1.51 million tons of goods passed through the port in ...
http://www.cambodiadaily.com/business/cargo-traffic%E2%80%88grows-at-sihanoukville-port-34628/
Phnom Penh Port Trade Volume Increases by 29%
The number of shipping containers that passed through the Phnom Penh Autonomous Port increased by 29 percent during the first six months of the year compared to the same period in 2012, according to figures released yesterday. The port received 50,157 standard containers between January and ...
Lao And Cambodian Stock Exchanges Stagnant After Two Years With A Combined Three Companies Listed
If you were given all the money in the world to invest in a stock from the stock exchanges of Laos and Cambodia, which stock would you choose? You might not actually get a lot of choices – both exchanges are stagnant two years after ...
Sophie Song
http://www.ibtimes.com/lao-cambodian-stock-exchanges-stagnant-after-two-years-combined-three-companies-listed-1320809
Cambodia's largest port sees 14 pct rise in cargo shipment in 5 months
The Sihanoukville Autonomous Port, the kingdom’s largest shipping facility, has seen a 14 percent increase in cargo shipment in the first five months of this year thanks to growing business activities, a port senior official said Wednesday. During January-May period this year, the state-owned port had ...
http://news.xinhuanet.com/english/business/2013-06/12/c_132450037.htm
Hor Namhong Asks for More Cash for Rail Project
Foreign Affairs Minister Hor Namhong made another appeal to Australia for additional funds to complete a behind-schedule project to rehabilitate the country’s railway network, this time to newly appointed Australian Ambassador Alison Burrows, according to a ministry spokesman. While work on the Southern Line of the ...
http://www.cambodiadaily.com/news/hor-namhong-asks-for-more-cash-for-rail-project-30272/
Thousands of workers in Cambodia march for pay rise on Int'l Labor Day
About 5,000 Cambodian workers took to the street on Wednesday to mark the International Labor Day, calling for pay rise, better labor conditions and decrease in petrol prices, a union representative said. Marchers, mostly garment workers, held banners and walked from the Freedom Park near the ...
http://news.xinhuanet.com/english/world/2013-05/01/c_132352087.htm
Hun Sen Demands Answers to Sihanoukville Water Shortage
Prime Minister Hun Sen chastised local authorities in Preah Sihanouk province on Friday for their inability to prevent a water shortage in early April that crippled businesses in the tourist hub of Sihanoukville and left locals without running water for almost a week. The incident ...
http://www.cambodiadaily.com/news/hun-sen-demands-answers-to-water-shortage-20480/