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Korean electronics giant sees growth in Cambodia

LG Electronics has identified Cambodia as the emerging market in ASEAN with the greatest potential for increasing sales and is expanding its business here, a senior executive of the South Korean company told Khmer Times last week at the LG InnoFest 2016 Asia in Seoul. ...

May Kunmakara
http://www.khmertimeskh.com/news/21715/korean-electronics-giant-sees-growth-in-cambodia/

US envoy says rights discussed at summit

The top U.S. envoy to ASEAN said on Wednesday that despite trade and security issues being at the cen­ter of last week’s U.S.-ASEAN Sum­mit, U.S. President Barack Obama also used the setting to address the region’s human rights problems. ...

Kuch Naren and Anthony Jensen
https://www.cambodiadaily.com/news/108955-108955/

China's pact with Cambodia, Laos an interference in ASEAN's domestic affairs: Former Sec-Gen

The recent move by Cambodia and Laos to make a pact with China on how to settle the South China Sea dispute amounted to them interfering with the domestic affairs of the Association of South East Asian Nations (ASEAN), said former ASEAN Secretary-General Ong Keng ...

Saifulbahri Ismail
http://www.channelnewsasia.com/news/asiapacific/china-s-pact-with/2729132.html

Analysts shrug off drop in approved investment

The government approved more than $1 billion worth of domestic and foreign direct investment in the first quarter of the year, down sharply from the $2.8 billion approved in the same quarter last year, figures released by the Council for Development of Cambodia (CDC) yesterday ...

May Kunmakara
http://www.khmertimeskh.com/news/24306/analysts-shrug-off-drop-in-approved-investment/

German MP calls for reform

Prime Minister Hun Sen told a visiting German federal minister that there was no political crisis in Cambodia, despite recent government action depicting the contrary, and claimed that opposition leader Kem Sokha was being sought by police because of an individual fault that could not ...

Ven Rathavong And Taing Vida
http://www.khmertimeskh.com/news/26183/german-mp-calls-for-reform/

Rice prices seen gaining ground in Mekong region

A prolonged regional drought is expected to push Thai and Vietnamese rice prices up by 10 to 15 per cent, narrowing the price gap that has kept Cambodian rice exporters from securing major international supply orders, one of the Kingdom’s biggest rice exporters said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-prices-seen-gaining-ground-mekong-region

Cambodia’s new casino bill faces likely delay: report

A bill to regulate the management of Cambodia’s casino industry could be approved by the country’s National Assembly (pictured) in the first quarter of 2016, reported the Khmer Times newspaper, quoting an official from the Ministry of Economy and Finance. ...

GGRAsia News Staff
http://www.ggrasia.com/cambodias-new-casino-bill-faces-likely-delay-report/

Rice Federation raises alarm about Vietnam’s FTA with EU

The Cambodia Rice Federation yesterday raised fresh concerns about the EU-Vietnam Free Trade Agreement (FTA), after an online rice-industry portal said the deal will scrap import duties on about 80,000 tons of rice from Vietnam per year and that this could start this year. ...

May Kunmakara
http://www.khmertimeskh.com/news/21216/rice-federation-raises-alarm-about-vietnam---s-fta-with-eu/

Sam Rainsy plans to meet deputy prime minister Sar Kheng next week

Sam Rainsy, president of the opposition Cambodia National Rescue Party (CNRP) plans to meet with deputy prime minister, and minister of interior Sar Kheng next week to discuss on a number of disagreement over the amendment of the commune/Sangakt election law. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/sam-rainsy-plans-to-meet-deputy-prime-minister-sar-kheng-next-week-8965

Loan discussed, deals inked with Medvedev

Prime Minister Hun Sen met with his Russian counterpart, Dmitry Medvedev, at Phnom Penh’s Peace Palace yesterday morning where the duo discussed an outstanding Soviet Union-era debt and signed off on deals ranging from cooperation in nuclear power to exchanging information on money laundering. ...

Vong Sokheng
http://www.phnompenhpost.com/national/loan-discussed-deals-inked-medvedev

Cambodia announces 17% increase in 2016 defence budget

The National Assembly of Cambodia approved on 30 November a 2016 defence budget of USD383 million, a 17% increase against spending in 2015. The defence allocation amounts to around 9% of total government expenditure for the year and about 2% of GDP. ...

Jon Grevatt
http://www.janes.com/article/56333/cambodia-announces-17-increase-in-2016-defence-budget

Cambodia, Vietnam celebrate new border posts

Nearing the end of a year that has seen tension over Cambodia’s border with Vietnam often dominate domestic political discourse, Prime Minister Hun Sen on Saturday appeared alongside Vietnamese Prime Minister Nguyen Tan Dung to inaugurate two new border posts in Ratanakkiri and Takeo provinces. ...

Aun Pheap
https://www.cambodiadaily.com/news/cambodia-vietnam-celebrate-new-border-posts-104005/

CNRP appeals to supporters to refrain from online insults

With social media increasingly becoming the focal point of political discourse in the country, and the prime minister threatening to take legal action against those who insult him online, the opposition CNRP has issued an appeal to its supporters urging them not to publicly insult ...

Kuch Naren
https://www.cambodiadaily.com/news/cnrp%E2%80%88appeals-to-supporters-to-refrain-from-online-insults-105484/

Cambodia ‘invited to join TPP

Cambodia has been invited to join the Washington-brokered Transpacific Trade Partnership (TPP), which has been described as a deal that will create the largest free-trade zone in the world if it is implemented, a senior official from the Ministry of Economy and Finance said. ...

Vincent MacIsaac
http://www.khmertimeskh.com/news/20054/cambodia----invited-to-join-tpp---/

PM gets his photo-op with Obama as Cambodian-Americans protest

A grinning Prime Minister Hun Sen walked up to US President Barack Obama and shook his hand in California yesterday, lending the premier his long-sought aura of legitimacy even as hundreds of angry Cambodians protested his 31-year rule less than half of a kilometre away. ...

Charles Rollet
http://www.phnompenhpost.com/national/pm-gets-his-photo-op-obama-cambodian-americans-protest

As deadline passes, O’tres beach businesses fight on

Although an eviction deadline passed on Sunday for guesthouses, restaurants and bars along Sihanoukville’s popular O’Tres Beach, less than half of the businesses had left as of the evening, with others seeking to negotiate a deal with authorities that would allow them to stay. ...

Kang Sothear and Hannah Hawkins
https://www.cambodiadaily.com/news/as-deadline-passes-beach-businesses-fight-on-109828/

Kratie protesters file petition for intervention in land dispute

About 100 villagers from Kratie province came to the capital yesterday to submit a petition to the prime minister’s cabinet and the Interior Ministry requesting government intervention in a land dispute case that has seen three of their fellow residents arrested, according to village representatives. ...

Pav Suy
http://www.khmertimeskh.com/news/22808/kratie-protesters-file-petition-for-intervention-in-land-dispute/

Kofi Annan foundation head visits to talk election reform

Alan Doss, executive director of former U.N. Secretary-General Kofi Annan’s eponymous foundation, met with officials from the CPP, CNRP and National Election Committee (NEC) on Monday as the first step in the body’s efforts to help election reform here.   ...

Khy Sovuthy and Kuch Naren
https://www.cambodiadaily.com/news/kofi-annan-foundation-head-visits-to-talk-election-reform-112949/

US businesses optimistic

Half of US businesses operating in Cambodia believe that political stability in the country is such that they are confident in expanding their operations, according to an annual report by the American Chamber of Commerce in Singapore and the US Chamber of Commerce’s International Affairs ...

Sok Chan
http://www.khmertimeskh.com/news/28690/us-businesses-optimistic/

Terms announced on rice lending package

The government-owned bank charged with issuing $27 million in emergency loans to rice millers as part of an initiative aimed at propping up the struggling rice industry announced the terms of the credit lines yesterday, and said it would ensure that the funds were used ...

Hor Kimsay
http://www.phnompenhpost.com/business/terms-announced-rice-lending-package

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