ASEAN ties seen as key to the region
More efforts are needed to enhance cooperation between China and the Association of Southeast Asian Nations in industrial and supply chains for accelerated regional development, government officials and industry experts said during the 20th China-ASEAN Expo, or CAEXPO. ...
Khmer Times Staff
https://www.khmertimeskh.com/501363724/asean-ties-seen-as-key-to-the-region/
ASEAN push to resolve Myanmar crisis
The Association of Southeast Asian Nations (ASEAN) Foreign Ministers have urged Myanmar to create a conducive environment towards peaceful dialogue among all stakeholders for the benefit of its people. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501356269/asean-push-to-resolve-myanmar-crisis/
Cambodia reaffirms stance to promote a conducive environment for Myanmar crisis resolution
Cambodia, during its chairmanship of ASEAN in 2022, has made every effort to promote a conducive environment for resolving the crisis in Myanmar. ...
Khmer Times Staff
https://www.khmertimeskh.com/501325928/cambodia-reaffirms-stance-to-promote-a-conducive-environment-for-myanmar-crisis-resolution/
SBC to Rebrand Following Taiwan Acquisition
Locally owned Singapore Banking Corp. (SBC) will rebrand itself Thursday as Cathay United Bank (Cambodia) Corp. Ltd., or CUBC, as part of a deal that finalizes the acquisition of SBC by Taiwanese financial corporation Cathay United Bank, according to a copy of a speech that ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/sbc-to-rebrand-following-taiwan-acquisition-50684/
Cambodian PM meets Vietnamese envoy, talks on South China Sea
Cambodian Prime Minister Hun Sen met with a Vietnamese premier’s special envoy here on Wednesday, discussing on South China Sea and ASEAN-China Comprehensive Strategic Partnership. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-06/25/c_133437710.htm
Flag of convenience scheme retired
The days of cocaine smuggling, illegal fishing and human trafficking using ships bearing the Cambodian flag appear to have come to an end as government officials claim that, as of today, all foreign-owned ships operating through Cambodia’s “flag of convenience” scheme must be stripped of ...
Kali Kotoski
http://www.phnompenhpost.com/business/flag-convenience-scheme-retired
Vattanac: A Tale of Two City Developments
Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...
Korea assists Cambodia on occupational safety
Cambodia and Korea have joined hands to study the legislation of occupational health and safety regulations for employees at factories and business enterprises. The project was initiated on Thursday at the Ministry of Labour and Vocational Training when Minister Ith Sam Heng met with Choi Heaeun, ...
Long Kimmarita
https://www.phnompenhpost.com/national/korea-assists-cambodia-occupational-safety
Healthy meals on the way for rural students in Kingdom
The Korea International Cooperation Agency (Koica) will provide $10 million to the Ministry of Education to implement a five-year Home Grown School Feeding project, which will benefit approximately 65,000 students and about 750 farming families. ...
Ry Sochan
https://www.phnompenhpost.com/national/healthy-meals-way-rural-students-kingdom
World Bank Report Predicts 6.6 Percent Growth
Cambodia’s economy will grow by an average of 7 percent in each of the next five years, the World Bank said yesterday in a report on the country’s economic outlook. In its periodic update on economies in the region, the World Bank predicted gross domestic product ...
PM says BRICS bank to ease dependency
Prime Minister Hun Sen yesterday applauded the recent creation of the BRICS New Development Bank (NDB), saying it could ease Cambodia’s dependence on institutions such as the World Bank and the International Monetary Fund (IMF). BRICS member nations Brazil, Russia, India, China and South Africa announced ...
May Kunmakara
http://www.phnompenhpost.com/business/pm-says-brics-bank-ease-dependency
CEOs see auto, ICT, finance sectors as top growth picks
Thai CEOs are confident that the country’s 2013 economic growth will be at least as good as last year’s level and that the automobile, information and communications technology, and financial sectors will be the star performers. The CEOs estimate that their companies’ profits this year ...
World Bank Raises GDP Outlook for 2012
The World Bank yesterday raised Cambodia’s gross domestic product outlook for 2012 by 0.1 percent to 6.6 percent, saying that last year’s flooding and the global economic slowdown did not affect Cambodia’s economy as much as first expected. According to the World Bank’s East Asia and ...
Loans, deposits mirroring growth
Loans and deposits at Cambodia’s 32 commercial banks rose by more than 30 per cent and 20 per cent, respectively, year-on-year in the first half of 2012, which the central bank governor and economists said reflected the growth in economic activities even as export growth ...
http://www.phnompenhpost.com/index.php/2012072457572/Business/loans-deposits-mirroring-growth.html
SBC Bank Signs JCB Card Issuance MOU in Cambodia
Singapore Banking Corporation Ltd. (SBC Bank), a leading commercial Bank in Cambodia, signed a memorandum of understanding with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, for the issuance of JCB cards in Cambodia. A ceremony to commemorate the milestone moment was held ...
The Cambodia Herald
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YWI4OTU3NmNkYmR#sthash.uvnJElMQ.dpuf
GMAC head sets clothing export goal
Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia [GMAC] President Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders as the global economy recovered, he said. ...
Medical bills lead many into debt, survey reveals
Small-scale health insurance policies can be an effective way to avoid drowning in debt, according to a survey released yesterday. Fifty-eight percent of 5,275 households surveyed in Kandal, Takeo and Kampot provinces had taken out loans, with health care and medical costs being the chief reason, ...
RUPP seal Sweden’s $10M funding
The Swedish Embassy in Cambodia signed a memorandum of understanding with the Royal University of Phnom Penh (RUPP) on Wednesday to fund a high-quality training and research institute. The agreement is worth in the region of $10 million for a four-year pilot phase focusing on ...
Long Kimmarita
https://www.phnompenhpost.com/national/rupp-seal-swedens-10m-funding
Women run Cambodia's street economy: report
Women make up the majority of street vendors selling food, clothes and a range of other retail goods across Cambodia, a new report in the peer-reviewed International Journal of Business has revealed. Using data from Cambodia’s economic census, researchers Nobuo Hirohata and Kazuhiro Fukuyo, from Yamaguchi ...
Cristina Maza
http://www.phnompenhpost.com/national/women-run-cambodias-street-economy-report
Evening the odds with Mother Nature
About 20 people grinned for the camera as they posed in front of a flagpole-like structure located just off a muddy dirt road in Kampong Chhnang province’s Samaki Meanchey district on Thursday morning. While a rather unimpressive visual, the agrometerological station is a first-of-its-kind device in ...
Khouth Sophak Chakrya and Sean Teehan
http://www.phnompenhpost.com/national/evening-odds-mother-nature