Cambodia News
Major trading house Marubeni Corp. announced June 14 that it will work with a Thai company to develop new independent power producer (IPP) projects in Thailand and neighboring countries such as Laos, Myanmar and Cambodia. Marubeni executed a memorandum of understanding on June 13 with Global Power Synergy Co., a subsidiary of PTT Public Co., […]
Continue ReadingIn a few months, impoverished Myanmar plans to start pumping roughly $45 million worth of oil and gas a day from the Bay of Bengal to China by pipeline. The vital fuel for China’s growing economy will bypass the Malacca Straits and U.S. ally Singapore. It will mostly also bypass Myanmar. Though rich in natural […]
Continue ReadingEnergy Minister Pongsak Ruktapongpisal has given the Electricity Generating Authority of Thailand (Egat) the green light to proceed with a plan to build coal-powered plants in Myanmar and Cambodia – providing Thailand with 10,000 megawatts of electricity. Egat has also been instructed to negotiate the purchase of nuclear power from China in order to bring […]
Continue ReadingWhile SMEs are crying over the blanket Bt300 wage, fierce competition in some industries and the scarcity of skilled workers is pushing the daily pay of some above Bt500. For the past eight years, Narong Jampatho, 30, a tile layer, has never found difficulty in finding someone willing to pay him Bt700 per day, allowing […]
Continue ReadingThe Bangkok Post has picked five key issues which are likely to have a big impact on the public this year, in politics, finance and society. Race for Bangkok governor heats upWork on five electric railway projects is likely to start this year after delays in the past few years due to political unrest.Big changes […]
Continue ReadingShopping shapes up in Phnom Penh With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. The 68,400-square-metre high-end shopping centre, located in Chamkar Mon district next to the […]
Continue ReadingDec 14 is the deadline for issuing temporary passports to migrant workers from neighbouring Cambodia, Laos and Myanmar as part of the nationality verification process. From tomorrow, all illegal workers face being deported to their home countries, ending a two-decade regularisation process that has generally failed to ensure national, human and economic security. Phumin Harinsut, […]
Continue ReadingMyanmar and Thailand are committed to complete the Bt1.5-trillion Dawei special economic zone by 2015. Myanmar President Thein Sein and Thai Prime Minister Yingluck Shinawatra reached that agreement during bilateral talks on the sidelines of the 21st Asean Summit at the Peace Palace in Phnom Penh, Cambodia. “Both leaders agreed on the completion of the […]
Continue ReadingThe message was conveyed to Prime Minister Yingluck Shinawatra by visiting Chinese premier Wen Jiabao during a meeting at Government House yesterday, Damrong Kraikruan, chief of the Foreign Ministry’s East Asia Department said. China has sent a proposal to the government for consideration. Mr Wen reiterated his country’s plan to join international firms in bidding […]
Continue ReadingThe Cabinet yesterday approved a Bt12-billion budget to build facilities to receive electricity from the Xayaburi Dam, currently undergoing construction in Laos. The facilities, which will be used to obtain, store and relay the electricity, will be built in Loei, Nong Bua Lamphu and Khon Kaen provinces and will be operated by the Electricity Generating […]
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