Diversification and Market Access: RCEP Positively Impacts Cambodia’s Economy
The Regional Comprehensive Economic Partnership (RCEP) agreement, which came into effect in 2022, has played a significant role in diversifying Cambodia’s economy and boosting its exports, according to Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region. ...
Khmer Times Staff
https://www.khmertimeskh.com/501370132/diversification-and-market-access-rcep-positively-impacts-cambodias-economy/
S. Korea is laying the foundation for accelerating growth
The flow of Korean investment into Cambodia has been in the spotlight for more than a decade, primarily foreign direct investment in the construction and property sectors. Investment from the East Asian nation continues its rise, and in 2014 South Korean investment in Cambodia ranked ...
May Kunmakara
http://www.khmertimeskh.com/news/20465/s--korea-is-laying-the-foundation-for-accelerating-growth/
Companies in Talks to Build Helicopter Factory
A U.S.-Korean joint venture is in talks with the government to build a helicopter manufacturing plant and a training facility for helicopter pilots and mechanics, an aviation official and a company representative said this week. Richard Pak, a representative of South Korean firm Samik Bio Energy ...
http://www.cambodiadaily.com/business/companies-in-talks-to-build-helicopter-factory-5362/
Trat businesses prepare for boon as Cambodian industrial estate opens
Businesses in Trat province have been told by officials to shape up and prepare for massive new opportunities when Cambodia opens the Koh Kong Industrial Estate later this month. The industrial estate, close to the Trat border, will be inaugurated by Cambodian prime minister Hun Sen ...
China to provide $33 mln loan to Cambodia
China has pledged 200 million Yuan (around USD $33 million) to Cambodia in addition to the loans and grants provided in April of this year. The loan announcement was made during a meeting between Cambodia’s Prime Minister Hun Sen and China’s Prime Minister Li Keqiang. Hun Sen ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=OWM1YjU3MDNlOGU
Gov’t still considering taking refugees from Australia
Interior Minister Sar Kheng said Thursday that the government is still considering an Australian government proposal to take in asylum seekers intercepted while trying to reach the country. Speaking on the sidelines of a ceremony to swear in the heads of the new general departments of ...
Khy Sovuthy
http://www.cambodiadaily.com/news/govt-still-considering-taking-refugees-from-australia-57347/
Cambodia and EU meet next week in Brussels
Ouch Borith, Secretary of State of Ministry of Foreign Affairs and International Cooperation of Cambodia, and Ugo Astuto, director of South and Southeast Asia of the European Union, will co-chair the 8th meeting of Cambodia-EU Joint Committee to strengthen relations and cooperation between Cambodia and ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjJlNTNjMzI1MzZ
Strong winds may have downed Cambodia chopper: Defense Minister
Generals and two other air force officers, according to the country’s defense minister, who said strong winds may have led to the tragedy. Minister of Defense Tea Banh said that the cause of the crash into a pond about six miles (10 kilometers) south of Phnom ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/helicopter-07142014174542.html
Bus lines expand at fast pace
Phnom Penh’s lone bus line along Monivong Boulevard was significantly expanded yesterday, while two other lines are set to begin operation in the coming weeks, according to City Hall. Bus Line 1 – the current route, which operates from 5:30am to 8:30pm – will now run ...
Taing Vida
http://phnompenhpost.com/national/bus-lines-expand-fast-pace
Development plan in works
Villagers in three provinces are currently being surveyed by the Ministry of Rural Development and South Korea’s International Cooperation Agency (KOICA) for an upcoming development pilot project. The surveys in Takeo, Kampong Speu and Tbong Khmum provinces seek to find 30 villages to be a part ...
Taing Vida and Sean Teehan
http://www.phnompenhpost.com/national/development-plan-works
Gov’t officials visit Nauru refugee site
The U.N. and an Australian refugee rights group say a delegation of Cambodian officials arrived Monday in the South Pacific island nation of Nauru, where Australia is holding hundreds of asylum seekers and hopes to convince at least some of them to volunteer to be ...
Zsombor Peter and Hul Reaksmey
https://www.cambodiadaily.com/news/govt-officials-visit-nauru-refugee-site-76030/
Abe plans Mekong development to counter China
Japanese Prime Minister Shinzo Abe will meet the leaders of five South-east Asian countries in Tokyo on Saturday to adopt a new three-year development strategy for the Mekong region — a move that will rival China’s rising economic clout in Asia. The plan is likely to ...
Today News Staff
http://www.todayonline.com/world/asia/abe-plans-mekong-development-counter-china
Officials to return from Nauru Refugee Center Monday
A government delegation that traveled to the South Pacific island nation of Nauru last week to study the possibility of resettling in Cambodia some of the refugees Australia is currently holding there will return to Phnom Penh on Monday, a government official said. ...
Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/officials-to-return-from%E2%80%88nauru-refugee-center-monday-76357/
Kingdom lifts ban on frozen items shipped in from India
Cambodia has lifted a ban on the import of frozen meats and other frozen items classified as “high-risk” originating from India, amid recent improvements in the South Asian country’s epidemiological situation and as all samples of frozen meat imports have tested negative for the novel ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-lifts-ban-frozen-items-shipped-india
Ministry, Korea seek site for new food testing centre
The Ministry of Industry, Science, Technology and Innovation is teaming up with South Korea to find a suitable location in Cambodia to set up a food testing centre over the next five years, and make inspections of domestic and export products for quality, safety and ...
Nov Sivutha
https://www.phnompenhpost.com/business/ministry-korea-seek-site-new-food-testing-centre
Kin Phea: Kingdom needs to act as referee, maintain amity in international spats
With Cambodia set to take over the ASEAN chair and host the ASEAN Summit in 2022, there are a number of prominent issues the Kingdom will need to take the lead on, including the crisis in Myanmar, tensions over the South China Sea and the ...
Preah Sihanouk police bust 295 for land grabbing
On March 19, the Preah Sihanouk Provincial Court issued arrest warrants for six brokers and placed six others under court supervision after they led nearly 300 people to occupy state land in the South Cardamom Mountains National Park in Cham village of Kampong Seila commune ...
Voun Dara
https://www.phnompenhpost.com/national/preah-sihanouk-police-bust-295-land-grabbing
Korea trade up 23% to $195M in Jan-Feb
Bilateral trade between Cambodia and South Korea reached $195.124 million in the first two months of 2022, a 22.762 per cent surge from $158.945 million in January-February 2021, according to data provided by the Korea International Trade Association (KITA) on March 21. ...
Hin Pisei
https://www.phnompenhpost.com/business/korea-trade-23-195m-jan-feb
Be prepared to promote nation at World Jamboree, scouts told
Before they left for the 25th World Scout Jamboree in South Korea, Hang Chuon Naron, Minister of Education, Youth and Sport and President of the Cambodian National Scouts advised the Cambodian National Scout delegation that it must uphold and maintain national dignity on the international ...
Torn Vibol
https://www.khmertimeskh.com/501334575/be-prepared-to-promote-nation-at-world-jamboree-scouts-told/
Exports to S Korea help reduce current trade deficit: pundit
Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit