Private Ship Registry Did Not Monitor Compliance
The privately-operated International Ship Registry of Cambodia (ISROC), a South Korea-based company that owns the rights to register foreign vessels under the Cambodian flag, told ship owners last year that it was not monitoring their observance of international maritime laws, and that it was their ...
Denise Hruby
http://www.cambodiadaily.com/news/private-ship-registry-did-not-monitor-compliance-48532/
De Castle Royal launches leaseback program
In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at De Castle Royal. The 32-storey De Castle Royal has a ...
Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-launches-leaseback-program
South Korea and Japan provide aid
The Japanese and South Korean governments yesterday announced millions of dollars in aid to Cambodia for a scholarship program and a number of rural development projects. Minister of Foreign Affairs Hor Namhong and Japanese Ambassador Kumamaru Yuji signed for a $2.85 million grant yesterday to fund ...
Vong Sokheng and Cheang Sokha
http://www.phnompenhpost.com/national/south-korea-and-japan-provide-aid
Lure of South Korea is strong
Cambodian migrant worker hopefuls have heard murmurs about the poor work conditions in South Korea. However, they remain unfazed – even the recent reports of long hours and abusive employers are doing little to deter their quest to secure better wages abroad. ...
Laignee Barron and Pech Sotheary
http://phnompenhpost.com/national/lure-south-korea-strong
In Cambodia, Lost Retreats Once Again Found
Kep province – On a sunny weekday in Kep, a seaside village about halfway along Cambodia’s coast, the crab market was heaving. Women in straw hats and rubber boots stood knee deep in the surf shouting out prices, periodically darting into the sea to pull writhing ...
Japan, Cambodia agree to work together on China’s maritime activities in South China Sea
Japanese Prime Minister Fumio Kishida met his Cambodian counterpart Hun Sen in Phnom Penh on Sunday and agreed to work together on China’s maritime activities in the South China Sea and North Korean issues. ...
Khmer Times Staff
https://www.khmertimeskh.com/501045419/japan-cambodia-agree-to-work-together-on-chinas-maritime-activities-in-south-china-sea/
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
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
Press release: Korea International Cooperation Agency (KOICA) promotes ICT capacity for regional teacher training centers and lower secondary education with $7million commitment
On 24 March 2021, the Korea International Cooperation Agency (KOICA) issued a press release on the provision of a $7 million grant which aims to promote Information and Communications Technology (ICT) capacity for regional teacher training centers and lower secondary education. The major thrust of ...
Korea International Cooperation Agency (KOICA)
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 ...
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
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 ...
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 ...