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Cambodia, Mongolia establish bilateral consultations

Cambodia and Mongolia on Friday signed a Memorandum of Understanding (MoU) on the establishment of bilateral consultations, aimed at bolstering bilateral ties and cooperation, a Cambodian official said. the deal was inked between Long Visalo, Secretary of State of the Cambodian Ministry of Foreign Affairs, and ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/02/c_133305024.htm

Tourism stronger than predicted

The Kingdom’s tourism industry this year will perform much better than The government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues ...

http://www.phnompenhpost.com/index.php/2011090151407/Business/tourism-stronger-than-predicted.html

New loan agreement standard for financial industry breeds debate

A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...

Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate

Cambodia launches new 50,000-riel banknote to celebrate king's birthday

The National Bank of Cambodia on Tuesday officially issued a new 50,000-riel banknote (in equivalent to 12.5 U.S. dollars) in order to mark King Norodom Sihamoni’s 61st birthday, which falls on May 14. A sub-decree on The issuance of The new banknote was endorsed by ...

Asean-China-Center
http://www.asean-china-center.org/english/2014-05/07/c_133316546.htm

Maid agencies want deal with Cambodia approved

Recruitment agencies are pressing for an MoU on Cambodian domestic maids to be approved, saying it had been stuck at the Malaysian side for several months. they said the Cambodian government was ready to lift the ban imposed in 2011, but lamented that Malaysian authorities were ...

P. Aruna
http://bit.ly/1OXuegx

Bunong families petition PM

Four villagers representing more than 1,800 Bunong ethnic families who are embroiled in a territorial spat in Mondulkiri province petitioned two ministries and Prime Minister Hun Sen on Wednesday.They want The authorities to push The local authority to revoke The private ownership of a portion ...

Khorn Savi
https://www.phnompenhpost.com/national/bunong-families-petition-pm

Heritage preserved: Park status to protect ancient site

Ancient ironwork at a site in Preah Vihear province that predates the civilisation of Angkor will fall within a new national park formed by royal decree last week. More than 200 pre-Angkor era industrial sites have been discovered since 2010, but the newly created national park ...

Phak Seangly
http://www.phnompenhpost.com/national/heritage-preserved-park-status-protect-ancient-site

New Mekong bridges slated for Phnom Penh

The Council of Ministers this week announced two new spans across The Mekong River in The vicinity of The capital, one connecting The Chroy Changvar peninsula to Kandal’s Khsach Kandal district and anoTher connecting Phnom Penh’s Chbar Ampov district with Kandal’s Lvea Em. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/new-mekong-bridges-slated-phnom-penh

GDT, GDCE revenues top $1.9B, pass 30% of 2023 goal

The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in The first quarter of 2023, marking just over 30 per cent of The full-year target, official figures show. ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-gdce-revenues-top-19b-pass-30-2023-goal

Deal on food investment signed with Australia

Cambodia and Australia have signed a memorandum of understanding (MoU) on the financing arrangements for an Agri-Food Investment Desk (AFID) at the Council for the Development of Cambodia (CDC), aimed at creating jobs and improving standards in farming. ...

Michael Firn
https://www.khmertimeskh.com/50944283/deal-on-food-investment-signed-with-australia/

No new resettlement at Angkor park

Minister of Land Management, Urban Planning and Construction Say Samal instructed the relevant parties to protect former village land in the Angkor archaeological park. ...

Torn Vibol
https://www.khmertimeskh.com/501375698/no-new-resettlement-at-angkor-park/

Hun Many lauds contributions to ‘successful’ Angkor Sangkran

Hun Many, president of the Union of Youth Federations of Cambodia (UYFC), said the three-day Angkor Sangkran event ended successfully, and left smiles on the faces of Cambodians everywhere. ...

Samban Chandara
https://www.phnompenhpost.com/national/hun-many-lauds-contributions-successful-angkor-sangkran

ACU guidelines short on details

Cambodia’s Anti-Corruption Unit launched a guidebook for businesses last week to create internal systems to prevent corrupt practices, but certain stakeholders say it doesn’t detail how to create these systems or even address systemic or bureaucratic corruption. the new guidebook, which the Anti-Corruption Unit (ACU) created ...

Chan Muyhong
http://www.phnompenhpost.com/business/acu-guidelines-short-details

Kingdom-Japan trade groups to step up cooperation

he Cambodia Chamber of Commerce (CCC) and Japan External Trade Organisation (Jetro) in Cambodia have agreed in-principle to examine the possibility of signing a memorandum of understanding (MoU) in the near future, to strengthen and deepen cooperation on investment and trade between the two nations. ...

Nov Sivutha
https://www.phnompenhpost.com/business/kingdom-japan-trade-groups-step-cooperation

Cambodia-Vietnam trade grows 13.6% in Q1

Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-vietnam-trade-grows-136-q1

Cambodia's rubber exports up 33 pct last year

Cambodia recorded a 33 percent rise in dry rubber exports volume in 2014, but the revenue decreased by 8 percent due to a plunge in global rubber price, according to figures from the Ministry of Commerce on Saturday. ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/150207/cambodias-rubber-exports-33-pct-last-year

Factory to reopen after mass faintings

A garment factory in Svay Rieng province where more than 100 workers fainted in recent days invited six monks to drive out the building’s “bad spirits” on Tuesday and will reopen on Wednesday after agreeing to improve the facility’s ventilation. ...

Ben Sokhean
https://www.cambodiadaily.com/news/factory-to-reopen-after-mass-faintings-78169/

In Malaysia, maid ban met with mixed feelings

Reactions in Malaysian media to Cambodia’s Oct 15 ban on sending maids to Malaysia contain a mix of shame, indignation and a need to stress that most employers in Malaysia do not mistreat foreign domestic workers. “There are very few bad apples among us,” said an ...

US Donates IT Equipment To Ministry of Defense

The U.S. Embassy donated more than 300 laptops and oTher assorted equipment valued at over $250,000 to The Ministry of Defense on Saturday, according to an embassy statement. The equipment will go to The Royal Cambodian Armed Forces’ priority units, which already receive training from The ...

Hundreds of workers strike at Bavet bicycle factory

About 1,000 workers at a bicycle factory in the Tai Seng Special Economic Zone went on strike Wednesday for a second day, sources said. the sources said the striking workers at Smart Tech (Cambodia) Co Ltd threw rocks at factory windows and threatened to continue ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=Y2VkYjY5OGIxM2FmNjc1OGQ3MzEzNzgwNGFiZTYw

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