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Results of plenary session of Council of Ministers on Friday, 17 February 2017

On 17 February 2017, Prime Minister of Kingdom of Cambodia, Hun Sen, has presided over a plenary session of Council of Ministers at Peace Palace. The result of the discussion including:Two projects: a 230-kilowatt transit grid development project from the Stung Tatai hydropower dam in ...

Press and Quick Reaction Unit

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Greater use of the riel will lower interest rates

A legal framework that ensures a “sound, strong and efficient” financial sector has ensured the swift expansion of banking services throughout the country, but borrowing rates remain high and a large segment of the population – primarily those in rural areas – face difficulties accessing ...

Riel Gains
http://www.khmertimeskh.com/news/36456/greater-use-of-the-riel-will-lower-interest-rates/

Hun Sen urges Philippine investment for ailing rice sector

Prime Minister Hun Sen said on Monday he had urged Philippine President Rodrigo Duterte to invest more heavily in Cambodia’s rice sector, while also acknowledging the need to lower rice processing costs and find new export markets to boost the competitiveness of Cambodia’s most important ...

Kuch Naren
https://www.cambodiadaily.com/news/hun-sen-urges-philippine-investment-for-ailing-rice-sector-127867/

Cambodia's former opposition head says open to talks with PM

Cambodia’s former opposition leader Sam Rainsy said on Sunday he was open to talks with Prime Minister Hun Sen, who has held power since 1985, to end a crisis caused by the dissolution of the main opposition party ahead of elections in July. The Cambodia National ...

Prak Chan Thul
https://www.reuters.com/article/us-cambodia-politics/cambodias-former-opposition-head-says-open-to-talks-with-pm-idUSKBN1GG0S5

PM wants fast data satellite

Cambodia should have its own satellite to make high-speed broadband available to all, Prime Minister Hun Sen said yesterday. The prime minister also proposed that the Royal Group, a local conglomerate, partner with other  companies to make the Kingdom’s satellite dream a reality. Addressing about 600 ...

Sok Chan
http://www.khmertimeskh.com/news/33238/pm-wants-fast-data-satellite/

Notification on the adjustment of the price of clean water produced and supplied by Phnom Penh Water Supply Authority

On 28 August 2017, the Ministry of Industry and Handicrafts issued a notification on the adjustment of the price of clean water produced and supplied by Phnom Penh Water Supply Authority No. 149 MIH / 2017 issued on 15 May 2017, by adding usage level from ...

Ministry of Industry and Handicrafts

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Opposition to question three ministers

Several of the opposition-led commissions in the National Assembly have plans to summon three ministers to clarify several ongoing issues, including the sand exports to Singapore and the murder of political analyst Kem Ley. During a Tuesday evening press conference at the Cambodia National Rescue Party ...

Pech Sotheary
http://www.khmertimeskh.com/news/31617/opposition-to-question-three-ministers/

Mango exporters urged to set up hi-tech packaging plants

Ngin Chhay, the director-general of the General Directorate of Agriculture at the Ministry of Agriculture, Forestry and Fisheries, on Thursday urged the private sector to set up more mango packaging plants that comply with South Korea and China’s hygiene and quality standards. ...

Thou Vireak
https://www.phnompenhpost.com/business/mango-exporters-urged-set-hi-tech-packaging-plants

CSX trade volume plummets 92 per cent in third quarter

Trade volume at the nascent Cambodia Securities Exchange (CSX) in the third quarter of this year was down 92.1 per cent on the second, the Securities Exchange Commission of Cambodia (SECC) Securities Trading Statistical Bulletin said on Tuesday. ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-trade-volume-plummets-92-cent-third-quarter

Official Arrested After Blocking Land Program

The former deputy administration director from Kratie province was arrested yesterday, accused of incitement for interfering with the work of student volunteers in Prime Minister Hun Sen’s land-titling project, an official said. Chin Hongsry, 60, is accused of undermining the volunteers by telling the villagers to ...

Canadians urged to invest in Cambodia

Canadian Trade Minister Ed Fast yesterday said he would urge Canadians to invest in Cambodia as opportunies become more viable to potential foreign direct investment from countries that have thus far played a small role in the Kingdom. Fast attended a ceremony recognising the first ...

http://www.phnompenhpost.com/index.php/2012083158398/Business/canadians-urged-to-invest-in-cambodia.html

Cambodian rice expert produces ‘more with less’

WHEN he introduced his novel rice production method to Cambodian farmers more than a decade ago, Yang Saing Koma had to battle sceptics who laughed at his idea. How could less irrigation and shallower planting result in higher yield? But Koma, founder of the Cambo­dian centre ...

http://thestar.com.my/news/story.asp?file=/2012/9/2/asia/11950264&sec=asia

Fisheries Official Questioned Over Clearing Flooded Forest

A fisheries official accused of involvement in the clearing of an area of protected flooded forest in Kampong Thom province in July was questioned at the Phnom Penh Municipal Court yesterday. Korn Chanseiha, chief of the Fisheries Administration’s Stong district office, is one of about 20 officials ...

Putin sees boom in Asia-Pacific trade with Europe via Russia

Russian President Vladimir Putin says the Asia-Pacific region’s trade with Europe via Russia will surge by at least five-fold by 2020 as traditional sea routes become less competitive. His remarks came in a commentary published by the Wall Street Journal ahead of a summit of leaders ...

http://www.asianewsnet.net/home/news.php?id=36079&sec=2

Cambodia sees slight decrease in rice export in 7 months due to price competition

Cambodia had exported 89,800 tons of milled rice in the first seven months of this year, a 2.6 percent drop from 92,200 tons at the same period in a year ago, showed the statistics from the Ministry of Commerce’s Camcontrol Department on Thursday. However, the revenues ...

http://www.dap-news.com/en/index.php?option=com_content&view=article&id=9551:-cambodia-sees-slight-decrease-in-rice-export-in-7-months-due-to-price-competition&catid=1:local-news&Itemid=18

Hundreds of illegal migrants return

Nearly 450 Cambodians who were illegally working in Thailand were repatriated across the Battambang province border on Saturday in one of the largest one-day operations along that border, officials said yesterday. Thai authorities had rounded up the 447 workers, who were busted without the required paperwork, ...

http://www.phnompenhpost.com/index.php/2012091058599/National-news/hundreds-of-illegal-migrants-repatriated-to-cambodia.html

Energy issues focus for ASEAN

Prime Minister Hun Sen opened the 30th ASEAN Ministers on Energy Meeting yesterday in Phnom Penh, where ASEAN officials will focus on ASEAN green energy and develop a plan for ASEAN’s power grid, officials said. Victor Jona, deputy director general of energy of the General Department ...

http://www.phnompenhpost.com/index.php/2012091258643/Business/energy-issues-focus-for-asean.html

Vietnam trade fair to boost two economies

In an effort to stimulate US$5 billion in trade between Cambodia and Vietnam by 2015, the Vietnamese Trade Fair will be held at the Diamond Island Convention and Exhibition Centre from September 21 to 25. Cambodia’s Prime Minister Hun Sen and Vietnam’s Prime Minister Nguyen Tan ...

http://www.phnompenhpost.com/index.php/2012091258644/Business/vietnam-trade-fair-to-boost-two-economies.html

Cambodia, Seychelles Sign Visa Exemption Accord

Cambodia and Seychelles have signed a visa exemption agreement, according to government-run news agency Agence Kampuchea Presse (AKP). Long Visalo, secretary of state at the Foreign Ministry, and the Seychellois ambassador to Cambodia, Philippe Le Gal, signed the agreement on Friday, according to AKP. The Seychelles Nation ...

Top Glove wants to source for its own latex

TOP Glove Corp Bhd became the first rubber glove maker to move upstream by acquiring its own rubber plantation land to ensure a consistent supply of latex at for the purchase price of RM22mil, it translates to RM715 per ha, which is also 35% cheaper than ...

http://biz.thestar.com.my/news/story.asp?file=/2012/9/15/business/12014933&sec=business

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