The fallout from the Great Fall in financial markets, equities and currencies is ricocheting through the regional economy and beginning to exact a toll – initially among badly-run companies and poorly-managed government institutions.
Category: Cambodia
Cambodian mining digs itself out of a hole
Cambodia’s long-dormant mining sector could finally be seeing some movement after years of aborted foreign-backed projects, as the government introduces wide-ranging reforms in an effort to turn around the country’s economic fortunes.
Crucial new mining legislation proposed by the government of Prime Minister Hun Sen is aimed at bringing the fledgling industry in line with international practices in order to attract investment and compete with other regional economies.
Dam Fuels Desperation on Banks of Se San River
Chea Vannak A hand-painted sign nailed to a tree at the entrance of Sre Ko village along the southern banks of the Se San River in Stung Treng province greets visitors with a disturbing message – one made even more alarming by the seemingly tranquil environment and the slow-moving river. “Dare to die in village […]
Dolphin Numbers Fall, but WWF Still Hopeful
Over 400 people joined in WWF’s “Dolphin Day” celebration in Kratie town Tuesday morning, parading in dolphin-emblazoned T-shirts up the riverfront and through the market. Though local enthusiasm is palpable, the bottom line is sobering. The number of endangered Irawaddy dolphins in the Mekong River continues to drop, the WWF announced in a press conference following the celebration. A population that once numbered in the hundreds has now fallen to just 80 adult animals.
Cambodian Troops Bulldoze Villagers’ Crops in Bid to Seize Land
Troops assigned to a light infantry unit destroyed village fields in southern Cambodia’s Kampot province on Monday in a bid to expand the property used by a commune set up for retired army soldiers, sources said.
Environmental Group Says ‘Inactive’ Government Has Failed Its Forests
The Prey Lang Community Network, which works to protect Cambodian forests, has been selected by UNDP for an Equator Prize, for outstanding community organizing. In an interview with VOA Khmer, the group’s spokesman, Seng Sok Heng, says the government is “inactive” in protecting Cambodian forests, some of the last rainforest in Southeast Asia.
Cambodian Official Urges Provincial Government to Shutter Illegal Gold Mine
A top mining official on Wednesday urged the government of northeastern Cambodia’s Ratanakiri province to crack down on a group of Vietnamese running an illegal gold mining operation villagers and rights groups say is being protected by local authorities.
Group Proposes Signing UN Water Pact
Environmental groups yesterday urged the government to seek greater legal clarity among the Mekong River countries about how they should share its resources.
The Lower Sesan 2 Dam will soon flood several Cambodian Communities
Blog: The Lower Sesan 2 Dam will soon flood several Cambodian Communities; can it at least provide fair compensation?
HAGL pact hailed as a ‘good step’
A landmark agreement between Vietnamese plantation firm Hoanh Anh Gia Lai and three indigenous communities in Ratanakkiri was reached yesterday, prompting hope for an amicable conclusion to the years-long dispute.