East Asian economic ministers warn of threat posed by global conflicts
The ASEAN East Asian Economic Ministers’ Meeting has warned of the threat posed by geopolitical conflicts, noting that they have the potential to hindering the benefits brought about by globalisation. ...
Indonesia flights set for return?
Tourism minister Thong Khon has asked Indonesia to push for the resumption of direct flights to Cambodia as soon as possible to build up bilateral tourism flows, the tourism ministry said, after Indonesian arrivals to the Kingdom ballooned by nearly 600 per cent year-on-year in ...
Hin Pisei
https://www.phnompenhpost.com/business/indonesia-flights-set-return
Canada firm mulls offshore oil extraction in Kingdom’s Block A
Canadian-owned company EnerCam Resources Co Ltd (EnerCam) is studying the possibility of investing in oil extraction from Cambodia’s offshore Block A after the government terminated an agreement with Singapore-based KrisEnergy Ltd, after the oil and gas exploration company went bankrupt last year. ...
Hom Phanet
https://www.phnompenhpost.com/business/canada-firm-mulls-offshore-oil-extraction-kingdoms-block
NagaCorp Holds Ground Breaking Ceremony for Naga2 Development
NagaCorp Ltd. (“NagaCorp” or the “Company”, SEHK stock code: 3918), the largest hotel, gaming and leisure operator in Cambodia, held the official ground breaking ceremony yesterday for Naga2, a large-scale mixed-use expansion that will be completed by 2015. Situated 200 meters from the existing NagaWorld, ...
Cambodian activists stage hunger strike
Dozens of protesters called Monday for the release of Cambodian activists arrested during a bloody crackdown last month, as a prison official said several of the detainees were on hunger strike. The brief rally was held outside the Ministry of Justice and the Appeals Court to ...
iAfrica News Staff
http://news.iafrica.com/worldnews/896936.html
Cambodia Life takes long view approach
A new, government-owned life insurance company aims to provide a safety net for Cambodian families, according to In Meatra, director-general of the Cambodia Life Insurance Company Plc. Located on the 21st floor of Canadia Tower, Cambodia Life opened on May 21 and has 23 employees. “Cambodia ...
http://www.phnompenhpost.com/index.php/2012062256944/Business/cambodia-life-takes-long-view.html
Taking Count of Cambodia’s Flying Fox Bats
At around 6 p.m. in Phnom Penh each evening, about 5,000 large brown bats, having spent the day dangling upside down from a tree at Wat Phnom, spread their huge wings and fly out to begin their nightly search for fruit. And as useful and ...
Denise Hruby
http://www.cambodiadaily.com/news/taking-count-of-cambodias-flying-fox-bats-45421/
Interview: CICA summit in Shanghai vital to building regional peace, security, stability--Cambodian experts
he upcoming 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, China is crucial to building trust, peace, security and stability in Asia, Cambodian experts said. “The conference is vital to building mutual confidence and closer partnerships among countries in ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-05/20/c_133348417.htm
Farming’s primacy ‘hinders’
Cambodia’s economic productivity is in trouble, struggling with an inability to turn a youthful population into a skilled workforce and stunted by an over-reliance on agriculture, according to a new World Bank report. In Cambodia and Vietnam, diversification of labour from the farming sector contributed to ...
Laignee Barron
http://www.phnompenhpost.com/national/farming%E2%80%99s-primacy-%E2%80%98hinders%E2%80%99
Integration of Southeast Asian Stock Exchanges Hits Snag
Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...
http://online.wsj.com/article/SB10001424052970203961204577270760343324718.html
Close ASEAN cooperation urged to promote growth
Cambodia, the current ASEAN chair, has called for stronger financial cooperation among its member countries to promote economic growth. The main agenda is to ensure that Southeast Asia is on track to meet an ambitious goal of transforming in three years into a European Union-like ...
Cambodia remains vulnerable to money laundering: FATF
Cambodia is finding it hard to shake off its reputation as a ‘haven’ for dirty money. Despite the government’s best efforts, the Kingdom remains among the countries most vulnerable to the flow of illegal money, according to the latest report coming from the Financial Action Task ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50656242/cambodia-remains-vulnerable-to-money-laundering-fatf/
ASEAN market watch: Cambodian corruption, telecoms bidding in Myanmar, and increasing Philippine trade deficits
Transparency International’s 2015 Corruption Perceptions Index (CPI) ranks Cambodia as the ‘Most Corrupt’ country in Southeast Asia. Cambodia score was 21 out a possible 100 points, which is the same as the country’s score in 2014. ...
Panel advises Cambodia on sustainable resource development
Officials from 14 governments gathered in Siem Reap on Wednesday to discuss sustainable development of extractive industries in the regions, urging Cambodia to take stock of its oil, gas and mineral reserves and device mechanism to develop these resources sustainably. ...
Ven Rathavong
http://www.khmertimeskh.com/news/22619/panel-advises-cambodia-on-sustainable-resource-development/
Economy won’t be a casualty: analysts
Despite the widely condemned pre-election dissolution of the Cambodia National Rescue Party, the country’s only major opposition party, by the Supreme Court earlier this month, the heightened risk of political instability is expected to have limited short-term economic spill-over effects, according to an assessment from ...
Robin Spiess
http://www.phnompenhpost.com/business/economy-wont-be-casualty-analysts
Apartment demand falters in Q3
The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...
Siv Meng
http://www.phnompenhpost.com/real-estate/apartment-demand-falters-q3
Cambodian PM, Laotian Speaker to visit Belarus
The Prime Minister of Cambodia and the Speaker of the Laotian Parliament are set to come to Belarus on official visits, Spokesman for the Belarusian Foreign Ministry Dmitry Mironchik told reporters on 17 April, BelTA has learnt. ...
BelTA News Staff
http://news.belta.by/en/news/politics?id=745920
Helmet use means huge savings, study finds
The government could save nearly $100 million between now and 2020 if it passes the draft traffic law and enforces mandatory helmet usage as soon as possible, a road safety group said Wednesday. Madeleine Carr, an advocacy and strategic planning advisor with the Asia Injury Prevention ...
Lauren Crothers and Eang Mengleng
http://www.cambodiadaily.com/news/helmet-use-means-huge-savings-study-finds-58301/
Direct flights start from Seoul to Sihanoukville
Skywings Asia Airlines completed its maiden voyage from Seoul to Sihanouk International Airport on Tuesday, marking the launch of seasonal direct charter flights between Sihanoukville and South Korea. The new service, which will run from July through August, will connect the beach resort to the large ...
George Styllis
http://www.cambodiadaily.com/business/direct-flights-start-from-seoul-to-sihanoukville-65284/
Cambodia attracts some 460,000 Chinese visitors in 2013, up 38 pct
Cambodia greeted about 460,000 Chinese tourists last year, up 38 percent from 333,900 in a year earlier, according to a report of the Ministry of Tourism on Tuesday. China is the second largest source of tourists to Cambodia after Vietnam, the report said. Cambodian Tourism Minister Thong ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=198122