Signing ceremony on the exchange of notes and record of discussions on grant aid and loan for 4 projects between Royal Government of Cambodia and Japan
On 30 March 2017 at 16:00, at the Ministry of Foreign Affairs and International Cooperation,H.E Prak Sokhonn, Senior Minister, Minister of Foreign Affairs and International Cooperation, and H.E HORINOUCHI Hidehisa, Ambassador Extraordinary and Plenipotentiary of Japan to Cambodia, signed on the exchange of notes and record of ...
Ministry of Foreign Affairs and International Cooperation
Border stop to get traffic increase
Cambodia and Vietnam have agreed to increase the number of vehicles permitted to travel through the Trapeang Sre border gate in Kratie province, aiming to boost cross-border commerce and tourism. The agreement allows 300 vehicles from each country to register to pass freely through the ...
New Law to Support the Creation of Farmers’ Cooperatives
Agriculture Ministry officials said yesterday that they would soon complete a new law to regulate and support the creation of farmers’ cooperatives. They said the law would allow farmers to organize cooperatives, which could improve their market position and allow access to financial and technical ...
Cambodia’s construction approvals soar
Construction approvals granted by government authorities have increased 93 percent in the first six months of the year, compared to the same period last year, figures show. Some 1,079 potential projects worth US$637.7 million were given the go-ahead in the January to June period, compared with ...
Yingluck adds fuel to gas talks
Deputy Prime Minister and head of the Cambodian National Petroleum Association Sok An has called for the resumption of talks with Thailand over the disputed overlapping claims area in the Gulf of Thailand, believed to be rich in oil and natural-gas reserves. The oil industry had ...
Labor Ministry official's link to agency sparks controversy
Amid mounting concerns over labor recruitment agencies’ treatment of migrant workers, new links were discovered yesterday between agencies and the officials that regulate them, as a daughter of a senior Labor Ministry official was found to be running a major recruitment firm. Nhem Chakrya, deputy director ...
Listed firms lax on fiscal reports
Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial statements, and one firm has not disclosed any financial data since 2014 – casting doubts on the tiny bourse’s ...
Kali Kotoski
http://www.phnompenhpost.com/business/listed-firms-lax-fiscal-reports
Angkor Wat site in danger: Deputy PM
In a rare acknowledgement of deforestation concerns, Deputy Prime Minister Sok An, chairman of the National Commission for UNESCO, said the widespread clearing of forests around Angkor Wat was harming views of the historic temple complex. Sok An made the remarks in Siem Reap at a ...
http://www.phnompenhpost.com/index.php/2012120760153/National-news/temple-site-in-danger-dpm.html
Cambodia's employers, trade unions fail to reach agreement on pay rise
The third round of negotiation between Cambodia’s garment and footwear manufacturers and representatives of trade unions on minimum wage increase ended without result on Monday. The talk between the employers represented by Nang Sothy, co- chair of the Government-Private Working Group on Industrial Relations, and Ken ...
http://news.xinhuanet.com/english/business/2013-03/11/c_132225825.htm
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
High hopes for regional pact
Businesses hailed the government’s planned rice trade partnership with Cambodia, Laos, Myanmar and Vietnam, but warned any effort to jointly fix prices would not be easy. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said it would be great if Thailand could share information ...
http://www.bangkokpost.com/business/economics/321115/high-hopes-for-regional-pact
LED lights’ lure of lower electricity bills
The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...
http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html
Firm Posts fall In Profits on Slot Machines
Entertainment Gaming Asia Inc. (EGA), a U.S.-listed gaming firm operating primarily in Cambodia, posted a 93 percent decrease in profits for the first nine months of the year compared to the same period in 2011, according to the company’s financial statement released Tuesday. “The decrease ...
Wait Out Elections, Firm in Land Dispute Told
Despite facing criminal charges, 70 villagers from Kompong Chhnang province embroiled in a long-running land dispute with the KDC Development Company have moved back onto the contested land, court officials and villagers said yesterday. KDC, which is owned by Minister of Industry, Mines and Energy Suy ...
U.S. Supports Strengthening High-Level Legal Networks in ASEAN
Over 70 judges and justice ministry officials from throughout ASEAN gathered at a U.S.-supported ASEAN legal and judicial cooperation workshop in Cambodia this week for an unprecedented exchange of ideas on the rule of law in the ASEAN region. Representatives from the ASEAN Senior Law Officials Meeting (ASLOM), ASEAN Member State judicial bodies, and the ASEAN ...
Cambodia's Parliament Ratifies Conventions On Nuclear Safety
The National Assembly of Cambodia on Wednesday ratified two international conventions on Early Notification of a Nuclear Accident or Radiological Emergency and Nuclear Safety to maintain security and prevent nuclear proliferation. “Cambodia has neither nuclear power plant nor chemical weapon plant; Cambodia is a country ...
http://www.bernama.com.my/bernama/v6/newsindex.php?id=709118
Rice Harvest to Yield Growth, Official Says
As Cambodia’s rice harvest gets into full swing, the government said yesterday that it expects this year’s crop to exceed last year’s, despite fears that drought would limit the yield. Minister of Agriculture Chan Sarun said that farmers had already harvested more than 3 million tons ...
Cambodia's unions cry foul on fainting figures
Union reps and government officials are offering significantly different – if both substantial – numbers in their year-end tallies of garment workers who fainted on the job in 2012. The Free Trade Union yesterday announced that the number of workers to faint in factories rose to ...
Cambodia attracts 9.17 bln USD investment from China in last 18 years
Cambodia has attracted 9.17 billion U.S. dollar investment from China in the last 18 years ( 1994-2012), making China become the largest investor in this country, showed a government report on Wednesday. According to the report, China’s investment in Cambodia focused on the fields ...
http://news.xinhuanet.com/english/business/2013-02/06/c_132154931.htm
Bank of China to raise business operations in Cambodia: deputy-governor
The Bank of China is going to expand its business operations in Cambodia after it was launched here two years ago and seen rapid business growth, Zhu Shuming, visiting deputy governor of Bank of China, said Friday. Speaking at a meeting with Chea Chanto, governor of ...