News
Cambodia's oil imports rise
Cambodia imported approximately 1.2 billion tonnes of petroleum in the first nine months of the year, up 12.51 per cent from the 1.1 billion tonnes in the same period last year, statistics from the Ministry of Commerce showed last week. From January to September, Cambodia bought ...
http://www.phnompenhpost.com/index.php/2012111459729/Business/cambodias-oil-imports-rise.html
UN Rights Official Urges Cambodia to Ratify Convention To Protect Workers Abroad
A top UN diplomat has encouraged Cambodia to ratify a convention that would protect its migrant workers abroad. James Heenan, from the office of human rights at the UN, said in a forum in Phnom Penh that Cambodian workers abroad often see their rights violated. .. ...
Govt okays 5-nation rice trade zone
The cabinet yesterday approved the Commerce Ministry’s plan to develop a rice trade partnership with Cambodia, Laos, Myanmar and Vietnam to stabilise international rice prices According to a source at the Commerce Ministry, the rice trade zone project will begin with Cambodia and will involve rice ...
http://www.bangkokpost.com/news/local/320895/govt-okays-5-nation-rice-trade-zone
Three Arrested at Border
Three Cambodians including a border patrol solider were arrested by Thai soldiers whilst they and several other villagers transported illegally logged rosewood from Thailand into Cambodia last Friday. “Seven villagers escaped and three were arrested,” said Khuon Srey Sros, cheif of Oddar Meanchey Province, Thmor Daun ...
http://www.phnompenhpost.com/index.php/2012111359703/National-news/three-arrested-at-border.html
From Alibaba, a Trove of Cambodian Treasures
From large tracts of rural land to sand from the country’s rivers to human hair, a host of Cambodia’s natural resources are on display in the shop window of China’s largest online trading website. Alibaba.com – which claims more than 80 million users worldwide and is ...
http://www.cambodiadaily.com/business/from-alibaba-a-trove-of-cambodian-treasures-5698/
Boutique hotels on the rise
Local company VLK Royal Tourism Group has embarked on a joint venture with a Thai partner to build OC Hotel, a four-star boutique hotel in Sihanoukville. The venture was prompted by rising demand as well as increasing tourist numbers to the coastal area off the ...
http://www.phnompenhpost.com/index.php/2012111359696/Business/boutique-hotels-on-the-rise.html
Visa agreement gets delayed
DESPITE some reports, Cambodian officials said Cambodia and Thailand have not yet set a date for implementing the Irrawaddy-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) single visa. Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation, said a single visa scheme for all five ...
http://www.phnompenhpost.com/index.php/2012111359702/Business/visa-agreement-gets-delayed.html
Laos hydro dam upsets Mekong River neighbors
Laos began construction last week on a multi-billion dollar hydro dam project that is opposed by other countries along the Mekong River, and activists who say the project will significantly impact the environment and the economies of four countries that rely on the river for ...
Decorative plants are more popular than ever, but most are imported
Sar Botra has always liked gardening. The front yard of his house, an explosion of flowers and plants, makes it clear that he’s got a very green thumb. He used to spend a lot of time with his plants after work or on the weekends, ...
Obama steers US towards focus on Asia
On his first foreign trip since Tuesday’s election, US President Barack Obama is planning a historic visit to encourage reforms in Myanmar – seen as a key success during his first term – and he’ll also go to Thailand and Cambodia. Secretary of State Hillary Clinton ...
Cambodian legislators, officials talk to enhance migrant worker rights
Approximately 150 parliamentarians, government officials, recruitment agency representatives, trade unions leaders, and development partners gathered here on Monday to discuss ways and measures to promote and protect the rights of Cambodian migrant workers. Speaking at the opening of the parliamentary forum on the promotion and protection ...
http://news.xinhuanet.com/english/world/2012-11/12/c_131967978.htm
Controversial Pöyry tapped for Xayaburi
Multinational consulting and engineering firm Pöyry has signed a contract with the Lao government to supervise construction of the divisive Xayaburi hydropower dam in the country’s north, it announced Friday. This work, carried out by its Energy Business Group, will include reviewing the design and ...
Cambodia's Tourism Slows
Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 15.7% in September, the lowest growth rate so far for this year based on 242,747 visits during the month. The percentage increase for the nine-month period was pulled down from 24.5% at ...
http://www.ttrweekly.com/site/2012/11/cambodias-tourism-slows/
Vietnam asks Laos to review impacts of hydropower dam
Viet Nam has urged Laos to continue its research on the environmental impacts of the planned Xayaburi Dam on the Mekong River. Vietnamese Foreign Ministry spokesperson Luong Thanh Nghi made the statement at a regular press briefing in Ha Noi yesterday when answering a question ...
Cambodia has capacity to meet financial commitments
What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...
Thailand, Cambodia ready to launch joint visa scheme
Thailand and Cambodia are ready to implement a single visa agreement, which would enable tourists to use only one visa for both countries from Nov 21, an immigration bureau chief says. The project comes under the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (Acmecs). Acmecs, which was initiated by ...
http://www.bangkokpost.com/news/local/320478/thailand-cambodia-ready-to-launch-joint-visa-scheme
Pentagon chief to visit Australia, Thailand and Cambodia
US Defense Secretary Leon Panetta will travel to Australia, Thailand and Cambodia next week as part of America’s strategic tilt to the Asia-Pacific, even as crises in the Middle East demand the Pentagon’s attention and resources. In a week-long trip starting Sunday, Panetta will head to ...
Rise of housing loans
Although costs can be high for borrowing and it can be difficult to pay regularly every month, the trend of borrowing from banks by Cambodian people to buy property is still steadily increasing, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said ...
http://www.phnompenhpost.com/index.php/Real-Estate/rise-of-housing-loans.html
Despite Environmental Concerns, Xayaburi Breaks Ground
Lao officials and executives of a Thai construction company conducted a groundbreaking ceremony yesterday in Xayaburi to inaugurate the first dam to be built on the lower mainstream Mekong, putting to one side concerns that the dam could devastate fisheries in Cambodia and Vietnam. Prior to ...
Refined sugar for domestic market
Phnom Penh Sugar will begin producing white sugar this month for the Cambodian market to reduce the demand for imported sugar, according to a spokeswoman for the firm. Chheang Kemsoun, a representative of Phnom Penh Sugar, told the Post yesterday the company would produce white sugar ...
http://www.phnompenhpost.com/index.php/2012110759620/Business/refined-sugar-for-domestic-market.html
Laos holds "groundbreaking" ceremony for contentious Mekong dam
Laos held a “groundbreaking” ceremony on Wednesday for a $3.5 billion hydropower dam on the Mekong River that is opposed by environmentalists and some neighbouring countries because of the possible impact on livelihoods, fisheries and agriculture. But it was unclear when actual construction of the contentious ...
http://www.reuters.com/article/2012/11/07/laos-dam-idUSL3E8M77GG20121107
Illegal loggers, trafficker return
Fourteen Cambodian men jailed in Thailand for drug trafficking or illegal logging have been released in the past week after reaching the end of their sentences, a border official said yesterday. Touch Ra, director of the Chaom Sangam Cambodia-Thailand border checkpoint in Oddar Meanchey province, said ...
World Court to Hold Preah Vihear Hearing
The International Court of Justice (ICJ) will hold a verbal hearing with Cambodian and Thailand over disputed land around Preah Vihear temple in April, government officials said yesterday. “A verbal hearing with the Thai party will be held in April so that [we can] have a ...
Coffee Chain Costa to Open Shop Next Month in Phnom Penh
The U.K.-based coffee chain Costa Coffee will join the mix of few coffee shops in Phnom Penh when it opens its first branch in Chamcar Mon district next month, representative of the international branch said yesterday. Rami Sharaf, CEO of RMA Cambodia, which represents international brands ...
http://www.cambodiadaily.com/business/coffee-chain-costa-to-open-shop-next-month-in-phnom-penh-5301/