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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&nbSp;inveStment&nbSp;treaty that would regulate the ruleS of foreign direct&nbSp;inveStment between the two countrieS, the U.S. EmbaSSy Said in a&nbSp;Statement. According to the EmbaSSy, Such a treaty SS='cambodia-color'>...

ADB has a long road ahead after big flood

A breached flood protection dyke near Prey Ven city that, had it burst during the disastrous 2011 flooding, would have added a further 30,000 to the almost 52,000 households evacuated, is one project nearing completion in Cambodia’s Flood Damage Emergency Reconstruction Project. But the Asian Development ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012090558504/National-news/adb-has-a-long-road-ahead-after-big-flood.html

U.S. to aid Cambodia in agriculture, food security, environment

The United StateS will Sign up to provide 18.5 million U.S. dollarS to Cambodia to Support the country&rSquo;S prioritieS in agriculture, food Security, and climate change adaptation and mitigation, according to a media releaSe from the U.S. EmbaSSy here on ThurSday. The agreement will be Signed SS='cambodia-color'>...

http://news.xinhuanet.com/english/world/2012-09/20/c_131863234.htm

Cambodia Aims for Offshore Production Next Year

The Cambodian government expects U.s. oil major Chevron Corp. CVX -0.53%to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday Chevron discovered commercial resources ss='cambodia-color'>...

http://online.wsj.com/article/SB10000872396390443507204578020023711640726.html

Loan agreement inked for Cambodia’s first garment training school

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012120460070/Business/loan-agreement-inked-for-cambodias-first-garment-training-school.html

Police Detain Recruitment Agency Chief for Suspected Fraud

The director of a recruitment agency in Siem Reap will face fraud chargeS today at the provincial court for allegedly taking money from victimS in exchange for promiSed jobS in the U.S., police Said yeSterday. Hong Bunhav, chief of reSearch and inveStigationS Section of the Siem SS='cambodia-color'>...

Cambodian Transparency Organization Applauds US Rule On Oil, Gas and Mining Payments Disclosure

Cambodians for Resource Revenue Transparency (CRRT) wrote a letter to Ms. Elizabeth M. Murphy, secretary of U.s. securities and Exchange Commission on February 7, 2012 to back up PWYP’s recommendations and to encourage the Commission to define the “Project” in relation to each lease, license ss='cambodia-color'>...

UK to increase trade with Cambodia

British ambassadors and high commissioners from the AsEAN region convened last week in singapore; among the range of topics discussed was the increase of the UK’s economic involvement in the region. According to Mark Gooding, British Ambassador to Cambodia, UK trade with Cambodia has been increasing ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012120560102/Business/uk-to-increase-trade-with-cambodia.html

Social Media Changing Cambodia’s Information Landscape

Changes in demography and technology have altered the behavior of Cambodian media consumers, with youth increasingly using social media platforms to share news and information. Pen sophal, a graduate student in media management at sweden’s Royal Institute of Technology, says print and electronic media outlets in ss='cambodia-color'>...

http://www.voacambodia.com/content/cambodia-social-media-changing-cambodian-information-landscape/1571656.html

Kampot Pepper Farmers to see Bumper Year

When the harvest season for Kampot pepper starts next month, farmers in Kampot province expect this year’s crop to yield more than 17 percent above last year, a representative of the farmers said. Nguon Lay, president of the Kampot Pepper Association, said last week that ss='cambodia-color'>...

http://www.cambodiadaily.com/

Anti-Graft Unit to Give Telecom Staff Anti-Corruption Education

The Anti-Corruption Unit (ACU) has ordered staff at Telecom Cambodia to attend a meeting today in order to “educate” them about the country’s Anti-Corruption Law after they made graft allegations and held demonstrations against the firm’s director-general Lao sarouen earlier this month, Minister of Posts ss='cambodia-color'>...

http://www.cambodiadaily.com

Calls for Angkor Beer Boycott Over Laos Dam Investment

Environmental groups and a local community leader in stung Treng province have called for a nationwide boycott of the popular Angkor Beer brand to protest the beverage company’s links to a controversial hydro­power dam to be built in Laos. Laos announced earlier this month that it ss='cambodia-color'>...

Dene-Hern Chen and Kuch Naren
http://www.cambodiadaily.com/news/calls-for-angkor-beer-boycott-over-laos-dam-investment-45646/

Armed Security Doubled for Human Rights Day Rallies

The government will deploy double the usual number of armed security personnel on the streets of Phnom Penh on Tuesday to keep control of the large number of rallies planned in the city to celebrate International Human Rights Day, a military police official said Monday. “We ss='cambodia-color'>...

Phorn Bopha
http://www.cambodiadaily.com/news/armed-security-doubled-for-human-rights-day-rallies-48954/

Government Says US Praised Protest ‘Patience’

A Ministry of Foreign Affairs official said Wednesday that a senior U.s. diplomat had congratulated the government for its patience in dealing with recent protests, which were brought to a bloody end early last month when military police opened fire, killing five and wounding more ss='cambodia-color'>...

Phorn Bopha
http://www.cambodiadaily.com/news/government-says-us%E2%80%88praised-protest-patience-51547/

Commerce minister vows ‘meaningful’ reforms to US investors

Cambodian Commerce Minister sun Chanthol concluded a trade mission in the United states this week, emphasizing his government’s willingness to make “deep” reforms to improve its investment climate. Cambodia meanwhile needs more foreign investment to create jobs for the 300,000 young Cambodians who enter the ss='cambodia-color'>...

Sophat Soeung
http://www.voacambodia.com/content/commerce-minister-vows-meaningful-reforms-to-us-investors/1944607.html

As banking sector booms, overbanking looms

Last month, Cambodia’s nascent yet rapidly expanding banking sector saw the new arrival of Phillip Bank through the acquisition of Hwang DBs Commercial Bank by singapore’s Philip Capital in a $40 million deal. The number of banks in the country has more than doubled since 2005, ss='cambodia-color'>...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/as-banking-sector-booms-overbanking-looms-67824/

Prey Speu detention centre still going strong

Almost 450 people were rounded up from the capital’s streets last year and sent to the notorious Prey speu social affairs centre, where in November a man died after being denied medical treatment, according to an annual report from Phnom Penh’s social Affairs Department. ss='cambodia-color'>...

Sen David and Alice Cuddy
http://www.phnompenhpost.com/prey-speu-detention-centre-still-going-strong

China reaps concession windfalls

About half of the land concessions granted since 1994 are in the hands of Chinese companies, according to data released yesterday by the Cambodian Center for Human Rights. Ouch Leng, CCHR land reform project coordinator, said that from 1994 to 2012, the Cambodian government granted 4,615,745 ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012040255375/National-news/china-reaps-concession-windfalls.html

Hun Sen to Hold Bilateral Talks With Obama During Summit

Prime Minister Hun sen will hold bilateral talks with U.s. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean summits. Mr. Hun sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ss='cambodia-color'>...

http://www.cambodiadaily.com

Australia Admits Cambodia Postponed Military Cooperation

Cambodia has delayed two of its military cooperation programs with Australia, the Australian Defense Department said Thursday, after it emerged this week that U.s.-backed programs had also been postponed following the July 28 national election. Dave Gordge, first secretary and deputy head of mission at the ss='cambodia-color'>...

http://www.cambodiadaily.com/news/australia-admits-cambodia-postponed-military-cooperation-39885/

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