BANGKOK (Thomson Financial) - Two Australian businessmen with stakes in The Myanmar Times weekly announced Monday they have taken a controlling interest in The Phnom Penh Post, a respected Cambodian newspaper.
Ross Dunkley, chief executive officer of Myanmar Consolidated Media, which publishes the Myanmar Times, said he and Bill Clough, an Australian miner and oil and gas entrepreneur, have taken a controlling stake in the paper.
He said the Cambodian paper would be run completely separately from the Myanmar publications, which include English and Myanmar-language weeklies.
The Phnom Penh Post, which publishes every two weeks, was founded by American journalist Michael Hayes 17 years ago.
Hayes will remain as editor in chief, while the project will be managed by Michel Dauguet, a French national with extensive experience working in Vietnam in media and software development, the statement said.
The Myanmar Times began publishing in 2000 as that country's first private newspaper in over three decades. Dunkley also had experience working in tightly-controlled societies as editor of the Vietnam Investment Review.
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