RCEP to bolster Cambodia-South Korea economic cooperation
Cambodia’s Foreign Minister Prak Sokhonn said here on Friday that the Regional Comprehensive Economic Partnership (RCEP) free trade agreement will be a booster for trade and investment relations between Cambodia and South Korea. ...
Khmer Times Staff
https://www.khmertimeskh.com/501126733/rcep-to-bolster-cambodia-south-korea-economic-cooperation/
RCEP strengthens global value chains, says PM
Lauding the Regional Comprehensive Economic Partnership (RCEP), Cambodian Prime Minister Hun Sen said it has strengthened the global value chains and protected the multilateral free trade system. ...
Chea Vanyuth
https://opendevelopmentcambodia.net/km/?post_type=news-article&p=167124&preview=true
Cambodia says RCEP all about win-win cooperation, not zero-sum game
The Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free trade deal, is all about “win-win” cooperation and is “not a zero-sum game,” a Cambodian government official has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501211518/cambodia-says-rcep-all-about-win-win-cooperation-not-zero-sum-game/
Cambodia's fuel needs increased in 2012
Cambodia spent more than $1.6 billion importing fuel oil and petrol last year, a figure 14.3 per cent higher than for 2011, the Ministry of Commerce said yesterday. The money spent on importing 1.6 million tonnes of petrol and fuel oil – 100,000 tonnes more than ...
http://www.phnompenhpost.com/2013013161091/Business/cambodia-s-fuel-needs-increased-in-2012.html
Export plans on hold
Local instant noodle company Men Sarun failed in its plan to export canned noodles to US markets this year, and an official confirmed that failures stemmed from both the unstable market price and increasing costs of transportation. Choun Kol, deputy general director of Men Sarun Investment, ...
http://www.phnompenhpost.com/2013032264621/Business/export-plans-on-hold.html
Trade with Vietnam climbs
Export to Vietnam climbed more than 57 per cent year on year in the first quarter of 2012 as farmers looked for alternative destinations for products that went to Thailand last year. The primarily agricultural exports to Cambodia’s eastern neighbour were worth US$201.5 million, up from ...
http://www.phnompenhpost.com/index.php/2012050355944/Business/trade-with-vietnam-climbs.html
For Cambodian writers, new festival offers rare audience
Visitors and locals unaware that the inaugural Kampot Writers and Readers Festival, which wrapped up Sunday, was happening may not have noticed anything different about the relaxed riparian town at first. ...
Taylor O'Connell
https://www.cambodiadaily.com/news/for-cambodian-writers-new-festival-offers-rare-audience-99758/
Draft law puts high price on drunk driving
Drunk drivers could be fined $1000 under a new draft traffic law approved yesterday by The Council of Ministers. The legislation includes a raft of measures aimed at reducing the number of deaths and injuries on the roads. Among the draft law’s 92 articles are new ...
Cheang Sokha
http://www.phnompenhpost.com/post-weekend/draft-law-puts-high-price-drunk-driving
Landmines kill 41 Cambodians, injuring 121 others in 10 months
Cambodia on Monday recorded 162 landmine casualties in the first ten months of this year, down 4 percent from 155 casualties at the same period last year, showed a report from the Cambodian Mine and Explosive Remnants of War Victim Information System. The report said that ...
http://news.xinhuanet.com/english/world/2012-12/03/c_132016467.htm
Hun Sen Reaches for Ambitious Income Target
Going by the World Bank’s method of grouping nation states by their wealth, Cambodia this year could become a lower-middle income country. Not satisfied, however, with this graduation—a feat in itself from Cambodia’s position of extreme poverty just two decades ago when gross domestic product (GDP) ...
http://www.cambodiadaily.com/business/hun-sen-reaches-for-ambitious-income-target-18766/
51% stake for private sector in SPV for four countries including Cambodia, Myanmar
The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...
Deepshikha Sikarwar
http://bit.ly/1C6Hhpf
Garment workers’ patience wearing thin
Taking part in daily demonstrations outside the shuttered factory where she once worked is beginning to weigh on Bou Narith and her co-workers. Government officials this morning will sit down with representatives of employees and a representative from USA Fully Field (Cambodia) Garment factory, which, ...
Mom Kunthear and Sean Teehan
http://www.phnompenhpost.com/national/garment-workers%E2%80%99-patience-wearing-thin
Surin Chamber of Commerce: Thai-Cambodia border trade surges
The Surin Chamber of Commerce has revealed that border trade between Thailand and Cambodia has risen since the National Council for Peace and Order (NCPO) launched a number of measures on politics, the economy, society, and security. ...
National News Bureau of Thailand
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5706220010004
UN: Investing in Women Entrepreneurs & Business Leaders is Smart Economics
(UN ESCAP Strategic Communications and Advocacy Section)- “Investing in women’s entrepreneurial leadership, and the empowerment of women, is smart economics- which is why women’s empowerment is one of the most important development priorities for the countries of Asia and the Pacifc,” said Dr. Noeleen Heyzer, ...
Students migrate, leaving school at the border
Before she dropped out of school in April, following her cousin to a factory in Thailand where a week of making mattresses pays $48, Dong Sreyda was ranked third in her ninth grade class in Banteay Meanchey province. ...
Janelle Retka and Samoeurth Seavmeng
https://www.cambodiadaily.com/news/students-migrate-leaving-school-at-the-border-115695/
Press release on the outcome of the plenary session of the council of ministers
On 23 October 2023, the General Department of Customs and Excise of Cambodia issued a press release on the ASEAN authorized economic operators mutual recognition arrangement (AAMRA) after the Customs Administration of the ASEAN Member States signed on 19 September 2023.AAMRA is an unbounded agreement ...
General Department of Customs and Excise of Cambodia
PM calls for calm after collapse of two US banks
The Cambodian Prime Minister on Thursday called on Cambodian citizens not to worry about money deposited in Cambodia’s banks after the recent collapse of two US banks. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-pm-calls-for-calm-after-collapse-of-two-us-banks
Takeo Community Technology Centre gets Japanese support
The Japanese government has provided a grant of $145,692 to Cambodia for the construction of a Community Technology Centre (CTC) in Bati district of Takeo province. ...
Manoj Mathew
https://www.khmertimeskh.com/501257838/takeo-community-technology-centre-gets-japanese-support/
RPT-World Bank cuts East Asia GDP outlook, flags China risks
The World Bank cut its economic growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected “Economic projections for EAP (East Asia and Pacific) are surrounded by ...
http://www.reuters.com/article/2012/10/08/worldbank-asia-outlook-idUSL3E8L81IN20121008
Rubber to give economy a bounce
Cambodian officials say they will focus on nine different sectors in a bid to diversify and ensure continued national economic growth. Among the nine priorities, rubber will play a crucial role in Cambodia’s trade integration strategy. After opening a workshop on Cambodia’s trade strategy for the coming ...