Cambodia calls for deeper East Asian financial cooperation
Cambodia called Monday for the further deepening of ASEAN’s financial cooperation with China, Japan and South Korea. According to a paper circulating at a gathering of leaders to mark 15 years of cooperation between the 13 countries, so-called ASEAN+3 financial cooperation has “achieved many solid outcomes” ...
Top Hotels Fully Booked Ahead of East Asia, Asean Summits
Visitors hoping to stay in Phnom Penh’s top hotels in the coming days will have to seek shelter elsewhere, as the city’s most sought after rooms are booked solid for the East Asia and Asean summits, hoteliers said yesterday. “We are completely full during the ...
Cambodia-U.S. trade reaches 2.2 bln USD in 9 months, up 2 pct
The bilateral C volume between Cambodia and the United States reached 2.2 billion U.S. dollars in the first nine months of this year, a 2 percent rise compared with 2.15 billion U.S. dollars at the same period last year, according to the statistics of the ...
http://news.xinhuanet.com/english/business/2012-11/19/c_131984263.htm
Real Estate Mondays launches
A group of local property agents has initiated a monthly gathering for real estate professionals and those interested in the industry to meet and share business ideas and industry insights. The first of the monthly gatherings, known as Real Estate Monday, was held this week at ...
http://www.phnompenhpost.com/index.php/Real-Estate/real-estate-mondays-launches.html
Hong Kong offers visa free travel to officials
Cambodian diplomats and a range of government officials can now travel to Hong Kong without a visa and stay for 14 days under a new exemption agreement with the commercial Chinese city, officials said. The new exemption took effect on June 1, according to a statement ...
Holdings draw veil over Mfone
When the owner of Kingsland garment factory fled the Kingdom last year, enough pressure was applied to its sourcing companies H&M and Walmart to persuade them through their intermediaries to compensate workers left jobless. Distance could no longer absolve them of responsibility. Just like the Kingsland ...
http://www.phnompenhpost.com/2013041865106/Business/holdings-draw-veil-over-mfone.html
EU aids Cambodia in combating illicit trafficking, use of nuclear, radiological materials
The European Union (EU) signs Wednesday to provide Cambodia with equipment to detect illicit trafficking and criminal use of nuclear and radiological materials. The agreement was inked between EU Ambassador to Cambodia Jean Francois Cautain and Om Yentieng, vice-chairman of the Secretariat of National Counter-Terrorism Committee. Under the deal, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/06/c_132863880.htm
Mind the wage gap
Most mornings, garment worker Vicheka buys food from the street vendors outside her factory in Kampong Chhnang province. The beef and pork dishes, she says, have a tendency to give workers a stomach ache – a reputation forged long before Vicheka and her co-workers at ...
http://www.phnompenhpost.com/index.php/2012092858979/National-news/mind-the-wage-gap.html
Hun Sen returns from fruitful week in China
Prime Minster Hun Sen arrived back in Phnom Penh on Sunday after a weeklong visit to China for an international summit during which Chinese Premier Xi Jinping pledged $145 million in aid and soft loans to Cambodia. On Monday, AKP reported that China promised to ...
Phorn Bopha and Simon Henderson
http://www.cambodiadaily.com/news/hun-sen-returns-from-fruitful-week-in-china-59560/
Beijing supports Asian free-trade area
Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...
http://www.chinadaily.com.cn/china/2012-11/20/content_15942795.htm
Cambodia tests 'super rice' to fortify its children
For breakfast, it’s rice. For lunch, it’s rice again, and for dinner – rice. Sometimes, Cambodian Un Koy says, her mother will prepare some beans or carrots, and on very special days even fish or pork. Across Asia, rice is the most widely consumed staple. That’s ...
Air France ceases direct Cambodia services
It was a major event for Cambodia. Some 35 years after flying for the last time with a Boeing 707 from Phnom Penh to Paris, French national carrier Air France-KLM was back to the Cambodian capital. The flight was first operated with an Airbus A340-300, ...
http://www.traveldailynews.asia/news/article/50995/air-france-ceases-direct-cambodia
Flagship airline gets new planes
National carrier Cambodia Angkor Air (CAA) recently bought a new Airbus 321 from Europe as part of its expansion into international routes to meet a rise in market demand. The CAA also plans to import one more plane early next year. CAA is a joint venture ...
http://www.phnompenhpost.com/2012121760309/Business/flagship-airline-gets-new-planes.html
Deputy PM promises tighter fiscal controls
Cambodia’s Deputy Prime Minister yesterday reiterated his commitment to criminalising money laundering and terrorist financing in the Kingdom. Sok An reassured delegates at the Asia-Pacific Group (APG) on Money Laundering of Cambodia’s commitment to implementing comprehensive procedures to stop illegal monetary transactions. ...
http://www.phnompenhpost.com/2012122060381/Business/deputy-pm-promises-tighter-fiscal-controls.html
KR commerce scrutinized
Democratic Kampuchea’s commerce committee was under the leadership of co-accused Khieu Samphan and Ieng Sary, testimony by former national bank deputy director Sar Kimlomouth revealed yesterday at the Khmer Rouge tribunal. Although the Khmer Rouge regime had eliminated currency and attempted to turn the nation into ...
http://www.phnompenhpost.com/index.php/2012060156534/National-news/kr-commerce-scrutinized.html
Damco expands operations
Alongside growing Cambodian exports, Danish logistics company Damco opened a second CFS warehouse facility in Phnom Penh yesterday. The 10,500-square-metre facility, on National Road 4, brings the company’s total warehousing capacity in Cambodia to 16,500 square metres. ...
http://www.phnompenhpost.com/2013040564905/Business/damco-expands-operations.html
Firm Announces Rice Energy Plan in Cambodia
A U.S.-based energy company has announced that it is planning a biomass project using genetically modified rice in Cambodia, in a purportedly massive deal about which little information has been made public. In a statement posted online Thursday, Sino Bioenergy Corp. said it had signed a ...
http://www.cambodiadaily.com/business/firm-announces-rice-energy-plan-in-cambodia-19105/
Putting parking reform in gear
With civil society, the opposition and even the ruling party talking more and more about the subject of electoral and judicial reforms in the wake of July’s contested national elections, some groups yesterday gathered to call for reforms in a more modest sector – parking ...
Chhay Channyda
http://www.phnompenhpost.com/national/putting-parking-reform-gear
Brokers nabbed at airport
Four brokers accused of duping 19 victims out of thousands of dollars for non-existent jobs in South Korea were arrested at Phnom Penh International Airport on Saturday. Keo Thea, chief of Phnom Penh’s anti-human trafficking and juvenile protection department, said Por Sen Chey district police arrested ...
http://www.phnompenhpost.com/index.php/2012080657832/National-news/brokers-nabbed-at-airport.html
Police deny arrest of 36 montagnards
The chief of police in Ratanakkiri province on Monday denied that authorities arrested 36 Montagnards, who the U.N. and local villagers say were deported to Vietnam last week while attempting to reach Phnom Penh to apply for asylum. ...
Chris Mueller and Aun Pheap
https://www.cambodiadaily.com/news/police-deny-arrest-of-36-montagnards-78919/