Economic Plan for Mekong Region Gets Finalized
Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...
Oil dispute optimism
A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...
http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html
ILO Respond to Scathing Stanford Report on Factory Monitoring
The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...
SCB focus on Myanmar, Laos, Cambodia
Siam Commercial Bank will begin expanding its footprint across the region in anticipation of greater business opportunities and competitive pressures with the launch of the Asean Economic Community in 2016. SCB, Thailand’s third-largest bank in terms of assets, operates branches in Laos, Singapore and Hong ...
http://www.bangkokpost.com/business/economics/322667/scb-focus-on-myanmar-laos-cambodia
French Scholar ‘Shocked’ Over Damage to Riverside Home
Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...
Ratings Agency Retains Stable Growth Outlook for Cambodia
Rating agency Standard & Poor’s (S&P) on Friday reaffirmed Cambodia’s long-term sovereign credit rating of “B” due to the country’s positive growth outlook, but again warned of risks related to the country’s narrow economic base. “Economic output growth is vulnerable due to the still large ...
Cambodia denies backing Japan's plan to enhance military role
Cambodia vehemently denied that it has supported Japan‘s plan to enhance its military role, according to a statement released by the Ministry of Foreign Affairs on Tuesday. “The spokesperson of the Ministry of Foreign Affairs and International Cooperation wishes to strongly reject the recent publications of Kyodo ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/01/c_133451532.htm
Cambodian king grants royal honorary title of "Samdech" to 2 politicians
Cambodian King Norodom Sihamoni Sunday bestowed the royal honorary title of “Samdech” on two politicians in the ruling Cambodian People’s Party (CPP) for their devotion to the nation and the throne. ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=287540
Royal palace says his majesty no plan to summon political leaders
His Majesty, Norodom Sihamoni, King of Cambodia has no plan to summon any political leaders for ongoing dispute on the Cambodian-Vietnamese border. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/royal-palace-says-his-majesty-no-plan-to-summon-political-leaders-8757
Mobile Firms Agree to Stop Price Dumping
Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...
http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/
Commune bosses 'need skill upgrade'
Speaking on Monday, Dr Touch pointed to an opposition CNRP policy of eliminating the Ministry of Rural Development and offering $500,000 dollars to commune chiefs to develop their local areas through projects such as road and bridge building. “We need commune chiefs who have studied to ...
Sen David
http://www.khmertimeskh.com/news/38908/commune-bosses--need-skill-upgrade-/
Dam Firm Told to Build Homes for Affected Communities
Prime Minister Hun Sen has said that the company responsible for building the Lower Sesan 2 dam in Stung Treng province will be in charge of constructing homes for thousands of villagers that will be displaced according to a statement Friday by the Council of ...
Myanmar Airways flights to Cambodia to take off again
Myanmar Airways International (MAI) will resume its regular flights between Yangon and Cambodia’s two main international airports in early December after they were suspended for about three months. MAI started a twice-weekly schedule to Siem Reap in late February, but suspended the route over the last ...
Miner buys into Cambodian copper
Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean ...
http://www.phnompenhpost.com/2013010460638/Business/miner-buys-into-cambodian-copper.html
National Bank of Cambodia Reports Lending Surge in 2012
Lending by commercial banks in Cambodia grew by more than one-third last year, according to figures provided by the National Bank of Cambodia (NBC) yesterday. Banks lent out a total of $5.89 billion in 2012, compared with $4.39 billion in 2011, NBC figures show, meaning ...
http://www.cambodiadaily.com/business/national-bank-of-cambodia-reports-lending-surge-in-2012-11368/
ADB offers $15m loan for financial-sector growth
Cambodia and the Asian Development Bank have signed their latest loan agreement of US$15 million for the development of the Kingdom’s financial sector, according to ADB. The money would be used for a number of development programs, including the improvement of regulatory regimes, creation of an ...
US Embassy Offered Praise for Court Verdicts, Cables Show
The conviction of a school teacher who abused an 11 year old girl was hailed by the US Embassy in Phnom Penh last year, it has been revealed by WikiLeaks. The diplomatic cables that were released speak of the support the US has for an ...
Apsara Authority warns of online posts illegally offering land
The Apsara Authority yesterday warned that it will take legal action against Facebook users who advertise land for sale located in the Angkor Archaeological Park. Apsara Authority spokesman Long Kosal said some Facebook account owners have advertised land for sale at the site which is ...
Pech Sotheary
https://www.khmertimeskh.com/50617075/apsara-authority-warns-of-online-posts-illegally-offering-land/
US offers $9M to boost public accountability NGOs
A $9 million grant to promote government accountability in Cambodia and strengthen nongovernmental groups across the country was announced on Tuesday by the U.S. Agency for International Development (USAID). ...
Janelle Retka
https://www.cambodiadaily.com/brief/us-offers-9m-to-boost-public-accountability-ngos-115386/
Prince Ranarridh offers support of government’s border policies
Prince Norodom Ranarridh, leader of the royalist party Funcinpec, says he has offered support to Prime Minister Hun Sen, to verify Cambodia’s maps in its demarcation discussions over the Vietnam border. ...
Hul Reaksmey
http://www.voacambodia.com/content/prince-ranarridh-offers-support-of-government-border-policies/2959993.html