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Kingdom to import 200MW from Lao hydropower plant

Cambodia plans to import 200MW of electricity from Laos’ Don Sahong hydropower plant early next year to curb power shortages this coming dry season, with the transmission line network scheduled for completion later this year, Ministry of Mines and Energy spokesman Victor Jona said.​ ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-import-200mw-lao-hydropower-plant

Climate change targets aim high

The Ministry of Environment submitted an ambitious national climate change plan to the United Nations yesterday ahead of scheduled climate talks in Paris (COP 21), though observers yesterday questioned the plan’s feasibility given a lack of both funding and political will.According to Sao Sopheap, spokesperson ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/climate-change-targets-aim-high

Shift in Aeon tenant mix as high-end brands replaced by cheaper options

Concerns are that, while the middle class is growing, Cambodia’s consumer base is not yet able to support premium retailersThe throngs of Cambodian families streaming into Aeon Mall over the Water Festival holiday made it clear that Phnom Penh’s poshest mall has successfully positioned itself ...

Ayanna Runcie
http://www.phnompenhpost.com/business/shift-aeon-tenant-mix-high-end-brands-replaced-cheaper-options

Toll road company has family ties to CPP senator

The multimillion-dollar project to revamp Phnom Penh’s Veng Sreng toll road for profit is being carried out by a company controlled by the brother-in-law of ruling Cambodian People’s Party Senator Lao Meng Khin.Choeung Thean Seng, who is reputed to be an officer in the paramilitary ...

Daniel Pye and Taing Vida
http://www.phnompenhpost.com/national/toll-road-company-has-family-ties-cpp-senator

Drought spawns fish fears

Fishing communities along two of Cambodia’s principle rivers say their livelihoods are threatened by droughts that have reduced water levels and devastated fish numbers.“The Tonle Sap is 3 metres lower than last year,” Long Sochhet, president of the Coalition of Cambodian Fishing Communities, said yesterday. ...

Khouth Sophak Chakrya and Jamie Elliott
http://www.phnompenhpost.com/national/drought-spawns-fish-fears

Turkish cosmetics firms eye market

Representatives of 21 Turkish cosmetics and self-care brands pitched their products to wholesalers, retailers and distributors at a cluster meeting in Phnom Penh yesterday, looking to get a foothold in one of Asia’s fastest-growing consumer markets.All but one of the brands had come to Cambodia ...

Ayanna Runcie
http://www.phnompenhpost.com/business/turkish-cosmetics-firms-eye-market

A budding friendship

A more than hour-long meeting between Philippines President Rodrigo Duterte, making his first-ever visit to Cambodia, and Prime Minister Hun Sen ended yesterday afternoon with an aide to the premier offering reporters the typical avowals of “cooperation”. But while the state visit – which included ...

Jack Davies and Touch Sokha
http://www.phnompenhpost.com/national/budding-friendship

Mondulkiri villages to get REDD+ funds

Twenty villages in Mondulkiri province are set to receive at least $10,000 each as a result of the $2.6 million carbon credit purchase by the Walt Disney Company in 2016, under a scheme meant to protect the Keo Seima Wildlife Sanctuary, officials said yesterday.​This would ...

Yesenia Amaro and Phak Seangly
http://www.phnompenhpost.com/national/mondulkiri-villages-get-redd-funds

Council of Ministers greenlights Australian firm’s gold mine

Tuesday’s approval from the Council of Ministers has given Renaissance Minerals, a subsidiary of Australia-listed Emerald Resources, the go-ahead to commence mining for gold next year, following the signing of a Minerals Investment Agreement (MIA). ...

Gerald Flynn
https://www.khmertimeskh.com/50664413/council-of-ministers-greenlights-australian-firms-gold-mine/

Xayaburi dam project proceeds as protest grows

In Laos, the construction of controversial hydroelectric dam in Xayaburi province is under way, despite disagreement from its neighbors, Cambodia and Vietnam. The Xayaburi dam project started when the Laotian government and Thailand’s giant construction company, Ch Karnchang Pcl, signed a Memorandum of Understanding in ...

http://www.dw.de/dw/article/0,,16203873,00.html

Water sector in need of investment

Despite the establishment of the Cambodian Clean Water Supplier Association last week, the clean water sector still lacks sufficient investment to connect rural Cambodia. There is very little clean water in Cambodia and accelerating its supply requires the government, private sector and other development partners ...

http://www.phnompenhpost.com/index.php/2012090458465/Business/water-sector-in-need-of-investment.html

F&N fits into ThaiBev's long-term global plan, says CEO

Thai Beverage’s stake in Fraser & Neave (F&N) is another piece of the strategic jigsaw as ThaiBev moves to become an international giant, benefiting from the Singapore-based beverage firm’s regional distribution network and management know-how Not only has its beverage business expanded regionally and globally, the ...

http://www.nationmultimedia.com/business/F&N-fits-into-ThaiBevs-long-term-global-plan-says--30190196.html

Rubber up $100 a tonne in a week

The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...

http://www.phnompenhpost.com/index.php/2012092558889/Business/rubber-up-100-a-tonne-in-a-week.html

Cambodia: Kampot Port Development Hits Hurdle

A local investor revealed yesterday that the construction of the US$100 million Kampot sea port had been further delayed by rain. Vinh Huor, president of the Kampot Special Economic Zone, (KSEZ) said: “We are preparing to be better, and that may take some time. I am ...

Dredging Today Staff
http://www.dredgingtoday.com/2012/09/25/cambodia-kampot-port-development-hits-hurdle/

Tourist arrivals top estimates

The number of tourists to arrive in Cambodia in 2012 was at least 200,000 higher than expectations, possibly reaching 3.5 million, officials said yesterday. Thong Khon, Minister of Tourism, told the Post yesterday that  in the first 11 months of 2012, Cambodia received 3.2 million tourists, ...

http://www.phnompenhpost.com/2013010160559/Business/tourist-arrivals-top-estimates.html

NGO Says Clothing Giants Shirked Workers

A local legal aid NGO said yesterday that American retail giant Wal-Mart and Swedish clothing brand H&M have failed to take responsibility for a shuttered supplier factory in Phnom Penh that owes its workers up to $200,000 in unpaid severance payments. The Community Legal Education Center ...

http://www.cambodiadaily.com

Bangkok Insurance to sell products in Laos, Cambodia

The SET-listed Bangkok Insurance (BKI) is stepping up its local branch expansion and plans to sell its products in Laos and Cambodia. The move prepares it for the region’s economic integration in 2015. President Panus Thiravanitkul said BKI will open one branch each in Prachuap Khiri Khan,Trang ...

http://www.bangkokpost.com/business/economics/308589/bangkok-insurance-to-sell-products-in-laos-cambodia

Naga Corp Reports 23 Percent Profit Growth

NagaCorp Ltd., the Hong Kong-listed company that runs Phnom Penh’s only licensed casino, saw its profits grow by 23 percent in 2012, the firm said in an announcement. In its financial results for the year, released Wednesday to the Hong Kong stock exchange, the company that ...

http://www.cambodiadaily.com/business/nagacorp-reports-23-percent-profit-growth-9646/

Villagers fear eviction looms

Villagers who fear eviction from their homes of 30 years in Kratie province travelled to Phnom Penh yesterday to plead for Prime Minister Hun Sen’s intervention. Fifteen representatives of 88 families who live close to Kratie Airport, in Kratie town’s Srei Padav village, said provincial authorities ...

http://www.phnompenhpost.com/2013030561741/National/villagers-fear-eviction-looms.html

Oil factory fire causes significant damage

A worker was slightly injured and more than US$100,000 in property destroyed yesterday in a fire at an oil factory in Kandal province’s Ang Snuol district, police said. Thach Phalla, Ang Snuol district deputy police chief, said the fire started at noon when some oil overflowed ...

http://www.phnompenhpost.com/index.php/2012052256302/National-news/oil-factory-fire-causes-significant-damage.html

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