Mining industry scores low
ENGLISH ONLY: Cambodia’s nascent extractive industry currently accounts for only a small fraction of government revenues as it lacks transparency and is vulnerable to corruption, lawmakers and industry insiders said yesterday in the wake of a report released this week.
Cambodia: Huge coal-fired plant discussed
ENGLISH ONLY: Thailand has been discussing the possibility of investing in a coal-powered electricity plant in Cambodia to produce 4,000 megawatts of power, the country’s Energy Minister Pongsak Ruktapongpisal told The Nation yesterday.
Cambodia: French Development Agency in talks over power lines
ENGLISH ONLY: The French Development Agency (AFD) in Cambodia said yesterday it is discussing an approximately 50 million euro ($65 million) loan to extend electricity transmission lines, and said it plans to provide more loans for vocational training in the Kingdom.
Telecommunications provider VimpelCom exits Cambodia
ENGLISH ONLY: VimpelCom, parent company of local telecommunications provider Beeline, announced on Friday it had sold its entire indirect stake in Cambodia’s Sotelco to its local partner, Cambodian tycoon Huot Vanthan, after reviewing the value its operations brought to the company.
France-Cambodia: The French look to increase exports to the kingdom
ENGLISH ONLY: France-Cambodia relations to tighten: France said it plans to boost its exports to Cambodia as French foreign direct investment in the country – worth $3.18 million in 2012 – continues to rise, officials said on Wednesday.
Cyclo in Cambodia: One of the last of a vanishing breed
ENGLISH ONLY: Cyclo driver Nheb Bun Thoeun is standing on the balcony of his third-floor apartment on Monireth Boulevard, waiting for the rain to stop so that he can get back to work.
France eyes increase of exports to Cambodia : CCFC
ENGLISH ONLY: While many French companies still hesitate to invest in Cambodia, the French Chamber of Commerce in Cambodia (CCFC) is no stranger to the Kingdom’s economic landscape.
Burger King to grow quickly in Cambodia
ENGLISH ONLY: Having conquered Vietnam, Burger King Worldwide Inc marched into Phnom Penh International Airport on February 24. The Imex Pan-Pacific Group Inc, one of the largest conglomerates in Vietnam, will be in charge of the Cambodian branches.
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