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Thai PM to visit Cambodia to boost bilateral relations

Thai Prime Minister Gen. Prayuth Chan-ocha will make an official visit to Cambodia on Oct. 30-31 to boost bilateral ties and cooperation, a senior Cambodian official said Sunday. The official added that the two leaders also pledged to enhance bilateral ties and cooperation in politics, ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141019/thai-pm-visit-cambodia-boost-bilateral-relations

Cambodia, Australia vow to honor refugee deal despite criticism

Cambodia and Australia have reiterated their commitment to comply with a refugee agreement they signed last month, despite persistent criticism from human rights groups and opposition parties of the two countries, a senior official said on Sunday. The commitment was made during a meeting on ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/19/c_133727099.htm

Obama speech sees mixed reaction on US momentum in Southeast Asia

US President Barack Obama’s Southeast Asia-only trip in 2012 marked a high point in the US prioritization of the region. But there has been a drop in the presence of high-level US diplomats since then, and in his recent State of the Union speech, Obama ...

Sophat Soeung
http://www.voacambodia.com/content/obama-speech-sees-mixed-reaction-on-us-momentum-southeast-asia-cambodia-khmer/1848293.html

Fintech could be ‘game changer’

Addressing the delegates, Chea Serey, director general of National Bank of Cambodia (NBC), stressed the role and importance of digital finance initiatives in broadening financial inclusion. She said digital finance could be a “game changer” for Cambodia’s nascent financial sector as it enables financial service ...

Brian Ng
http://www.phnompenhpost.com/business/fintech-could-be-game-changer

Car sales sputter on tax hike

Authorised dealerships of new cars and trucks have said a recent increase in the specific tax on vehicle imports has put a dent in profits, with some dealers claiming sales have slowed since the tax hike went into effect in April. ...

Hor Kimsay
http://www.phnompenhpost.com/business/car-sales-sputter-tax-hike

Payouts to mothers to ‘combat malnutrition’

In what may become yet another populist pledge, Prime Minister Hun Sen yesterday said he is considering giving $50 to every woman who gives birth in Cambodia to decrease child mortality and tackle malnutrition of mothers. ...

Ben Sokhean
http://www.phnompenhpost.com/national/payouts-mothers-combat-malnutrition

Cross-border paperless trade

Cambodia is looking to implement cross-border paperless trade once the country’s e-commerce law is fully adopted and implemented, the Commerce Ministry said. ...

Sum Manet
http://www.khmertimeskh.com/news/34530/cross-border-paperless-trade/

Cambodia's industry loses 275 mln USD due to outlawed protests

Cambodia’s garment and shoe industry has lost roughly 275 million U.S. dollars due to outlawed garment strikes in the past two weeks, Van Sou Ieng, President of the Garment Manufacturers Association in Cambodia (GMAC), said Monday. The garment and shoe industry comprise more than 900 ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/06/c_133022880.htm

Ministry shake-up as AEC integration looms

The Ministry of Commerce is undergoing an internal shake-up to better position itself for the opening up of trade across the region. Commerce Minister Sun Chanthol told the Post yesterday that ahead of Asean Economic Community (AEC) integration in 2015, new divisions were being established and others realigned ...

Daniel de Carteret
http://www.phnompenhpost.com/business/ministry-shake-aec-integration-looms

China provides US$145 mln in grand and loan to Cambodia

The Chinese Government provided US$112 million in grand aid, and US$33 million in loan to Cambodia for the country’s social and economic development, National Television of Kampuchea (TVK) reported. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=YzIzNTIwMTcxNzg

NTT Communications to extend Asia Submarine-Cable Express to Cambodia

The Asia Submarine-cable Express (ASE) will be extended to Cambodia to provide reliable, high-capacity communication infrastructure for the increasing number of multinational companies operating in the Mekong region, said NTT Communications Corporation (NTT Com) in a statement issued Friday in Tokyo, Japan. ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=1045901

Cambodia called out for extrajudicial killings

Cambodia has been cited as one of 10 countries in which torture and extrajudicial killings are common, in a submission made this week by the Hong Kong-based Asia Legal Resource Center to the Human Rights Council in Geneva. ...

Lauren Crothers
http://www.cambodiadaily.com/news/cambodia-called-out-for-extrajudicial-killings-60668/

Cambodia's garment, footwear exports up 16 pct in Q1

Garment and footwear industry, Cambodia’s largest income earner, reported a 16 percent surge in exports in the first three months of 2014, the figures of the Ministry of Commerce showed Monday. The Southeast Asian nation exported apparel and footwear products in equivalent to 1.56 billion U.S. ...

ASEAN - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/28/c_133295843.htm

Hun Many opens up to criticism

Prime Minister Hun Sen may regularly deliver hours of bombastic public oratory and rarely, if ever, allow anyone to ask questions of him. But his youngest son, Hun Many, a rising star in the ruling CPP, has begun doing just the opposite as he builds on ...

Kevin Ponniah
http://www.phnompenhpost.com/national/hun-many-opens-criticism

Cambodia's rubber exports up 91 pct in H1

Cambodia has seen a 91 percent rise in dry rubber exports in the first half of 2014 as revenue from the exports increased only 3 percent due to global decline of rubber prices. During the January-June period this year, the country exported 42,190 tons of dry ...

ASEAN-China Center News Staff
http://www.asean-china-center.org/english/2014-07/29/c_133518119.htm

Nest farmers hatch ambitious China export plan

Standing inside her shop behind a heavy glass door secured with an electronic lock, it would be easy to mistake Nguon Chorda for a jewelry boutique owner, not the manager of a store that sells dried bird saliva. Mr. Sothy said once the CBNF gets ...

Hul Reaksmey and Chris Mueller
http://www.cambodiadaily.com/news/nest-farmers-hatch-ambitious-china-export-plan-70521/

Plantation manager aims to be top oud oil producer

Asia Forestry Management, an integrated plantation-management company with a focus on cultivating Aquilaria crassna, aims to become Thailand’s biggest producer of oud oil this year and Southeast Asia’s in five years. The company’s plant in Trat province will be expanded to produce 280 kilograms of ...

http://www.nationmultimedia.com/business/Plantation-manager-aims-to-be-top-oud-oil-producer-30199911.html

Joint venture will take part in oil explorations

Malaysia-based Hibiscus Petroleum Berhad has tied up with Rex International Holding Pte Ltd to participate in exploration opportunities in Cambodia and 10 other countries across the Asia-Pacific region, according to a statement released last Thursday. Hibiscus’s wholly owned subsidiary Orient Hibiscus Sdn Bhd and Rex International ...

http://www.phnompenhpost.com/2013032564653/Business/joint-venture-will-take-part-in-oil-explorations.html

Rise of housing loans

Although costs can be high for borrowing and it can be difficult to pay regularly every month, the trend of borrowing from banks by Cambodian people to buy property is still steadily increasing, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said ...

http://www.phnompenhpost.com/index.php/Real-Estate/rise-of-housing-loans.html

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