Strong ties maintained between Cambodia, Laos and Vietnam
The leaders of Cambodia, Laos and Vietnam approved a tourism development plan this week, the Cambodia, Laos, Vietnam (CLV) Development Triangle Area 2020-2025, vision for 2030, at the 11th CLV virtual summit, according to the Ministry of Tourism. ...
Jason Boken
https://www.khmertimeskh.com/50792153/strong-ties-maintained-between-cambodia-laos-and-vietnam/
US, Cambodia Agree to Explore Investment Pact
U.S. Trade Representative Ron Kirk announced Friday that the U.S. and Cambodia have agreed to explore the creation of a bilateral investment treaty that would regulate the rules of foreign direct investment between the two countries, the U.S. Embassy said in a statement. According to the Embassy, such a treaty ...
Tycoon’s firm behind summons, soldier says
The Pursat Provincial Court has issued a summons to a soldier based on the Thai border for allegedly clearing protected land in Veal Veng district, a move the man believes was orchestrated by a company owned by tycoon Try Pheap, which is embroiled in an ...
May Titthara
http://www.phnompenhpost.com/national/tycoon%E2%80%99s-firm-behind-summons-soldier-says
Agriculture insurance a hard sell
About a year after offering the country’s sole agriculture policy, Forte Insurance is struggling to sell coverage. “We still need time to get farmers to understand the benefits of agricultural insurance,” said Youk Chamroenrith, director and general manager of Forte. “We have four clients signed up ...
Chan Muy Hong
http://www.phnompenhpost.com/business/agriculture-insurance-hard-sell
UN praises Cambodia 'success' in addressing child labor in fisheries
Two UN agencies praised Cambodia’s Fisheries Administration Thursday as an “example of success” for addressing child labour in fisheries. In a joint report, the Food and Agriculture Organization of the United Nations and the International Labour Organization recalled that the fisheries agency began raising awareness of ...
Porsche dealership to open
The newly appointed local distributor of German carmaker Porsche broke ground yesterday on a $2 million dealership that is set to open within eight months across from the Phnom Penh International Airport on Russian Boulevard. Equipped with four service bays, the planned Porsche Centre Phnom Penh ...
Eddie Morton
http://www.phnompenhpost.com/business/porsche-dealership-open
Prime Minister further strengthens Cambodia’s commitment to high-quality cooperation during Third Belt and Road Forum for International Cooperation in Beijing
On 19 October 2023, the Ministry of Foreign Affairs and International Cooperation issued a press release on the outcomes and commitment to the Third Belt and Road Forum for international cooperation in Beijing. The theme was “High-quality Belt and Road Cooperation: Together for Common Development ...
Ministry of Foreign Affairs and International Cooperation
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
Rubber firm accused of illegal logging puts Work on Hold
A Vietnamese firm behind several Cambodian rubber plantations accused of rampant land grabbing and illegal logging has bowed to a request from the International Finance Corporation (IFC)—which helps fund its operations—to temporarily suspend forest clearing at some of its local subsidiaries. In an April 28 decision, ...
Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/rubber-firm-accused-of-illegal-logging-puts-work-on-hold-58287/
In coverage of land dispute, a publisher’s interests served
In this sparsely populated area along the eastern fringe of Bokor National Park in Chhuk district, villagers are scrambling to claim sandy, arid land as an international company surges ahead with its palm oil plantation. As in many of the hundreds of unresolved land disputes playing ...
Matt Blomberg and Aun Pheap
https://www.cambodiadaily.com/news/in-coverage-of-land-dispute-a-publishers-interests-served-82523/
Firms that list to see tax cut
New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut
EU trade commissioner visits Cambodia to boost ties
The European Union (EU) Trade Commissioner Karel De Gucht started his visit to Cambodia on Tuesday to bolster bilateral trade link. De Gucht held talks with his Cambodian counterpart Sun Chanthol and both sides agreed to further promote bilateral trade relations for mutual benefits, Ken Ratha, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-03/18/c_133195945.htm
NBC: Financial institutions in H1 restructure $5.5 billion in loans
The Kingdom’s banking and financial institutions have restructured 22.2 trillion riel ($5.5 billion) in loans for 367,239 borrowers in the first half of this year, to ease the burden on the public as the ongoing coronavirus outbreak dampens economic activity, according to the National Bank ...
Thou Vireak
https://phnompenhpost.com/business/nbc-financial-institutions-h1-restructure-55-billion-loans
Investments in Kingdom rise by 7 percent in Q1
In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...
Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/
Boycott Nike, says Mu Sochua
Opposition MP Mu Sochua yesterday called for a boycott of global sports brand Nike, following two fainting incidents at a factory that supplies it last week. She also warned that global brands and the Cambodian government were taking a huge gamble by failing to address the ...
http://www.phnompenhpost.com/index.php/2012040955513/National-news/boycott-nike-says-mu-sochua.html
Union representatives file complaint against leaders over pilfering
Two union organizers have filed a complaint with the Phnom Penh Municipal Court claiming that the senior leaders of the Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU) have embezzled money that was meant to be paid to workers in compensation following a dispute with ...
Insurance investment in construction and property see year-on-year increases
Cambodia’s insurance business is continuing to make strides, with the total value of engineering insurance reaching approximately $4 million in 2013, a significant increase compared to 2012. According to data recently released by the Insurance Association of Cambodia, the value of engineering insurance purchased in 2013 ...
Cambodian artists and filmmakers urge the government to prevent foreign dramas
A group of Cambodian artists and filmmakers requested the government to take action on the foreign dramas. Cambodia has lost some $6 million annually to buy foreign programs or dramas from Korea, Thailand, China, Hong Kong, and the Philippines. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodian-artists-and-filmmakers-urge-the-government-to-prevent-foreign-dramas-8880
Cambodia's special economic zones waiting for foreign investments
PHNOM PENH — Eight out of Cambodia’s 19 special economic zones (SEZ) are being operational across the country, while the rest are still waiting for both local and foreign investors, the data from Council for Development of Cambodia (CDC) showed on Saturday. The statistics showed that ...
http://www.asean-china-center.org/english/2011-09/05/c_131100346.htm
Guards move batons aside in rare show of benevolence
Over the past year, Phnom Penh officials have proven themselves to be an unyielding group in the face of dissent, and the helmeted, baton-wielding security guards who answer to them the scourge of protesters. On Wednesday, however, Daun Penh district officials took a softer approach when ...
Mech Dara
http://www.cambodiadaily.com/news/guards-move-batons-aside-in-rare-show-of-benevolence-67226/