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Press release on agreement on the cooperation on projects of the Lancang-Mekong Cooperation Special Fund

On 21 December 2017, at the Ministry, H.E. Senior Minister Prak Sokhonn and H.E. Xiong Bo, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Kingdom of Cambodia, will sign the Agreement on the Cooperation on Projects of the Lancang-Mekong Cooperation Special ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

Don't Envy the Chinese, Gov't Tells Europe

The commerce minister yesterday urged European businesspeople in Phnom Penh to invest more in Cambodia and not to envy the Chinese firms now dominating the foreign investment scene. Speaking at the gathering of the European Chamber of Commerce in Cambodia, Minister of Trade and Commerce Cham ...

Firm Plans Impact Assessments off Preah Sihanouk

Mirach Energy Ltd., formerly known as China Petrotech Holding Ltd. (CPHL), announced on Tuesday that its Cambodian counterpart, CPHL (Cambodia), had contracted two companies to conduct environmental impact studies for offshore assets in Block D, off the coast of Preah Sihanouk province. Mirach Energy said in ...

Life Insurer Manulife Opens Its Office In Cambodia

Manulife, one of the world’s leading life insurance companies, now opened its office in Cambodia after seeing that growth of midlle class of total population. Manulife financial corporation was based in Canada. Manulife Financial on June 28 announced the official opening of its head office in Phnom Penh, Cambodia and its ceremony was presided over by H.E. ...

http://thesoutheastasiaweekly.com/

Economy Strong but IMF Warns of Risks

Strong exports, increasing numbers of tourists and a recovering real estate sector are driving strong economic growth this year, but the gross domestic product outlook could still be offset by an unstable global economy, weak demand from the West and an overheating banking sector, the International ...

Project set to develop franchising

The University of Sydney Business School has launched a research project in an effort to identify barriers to franchising in Southeast Asia, including Cambodia, and to develop a strategy to boost the sector’s growth in the region. The two-year project, funded by AusAID, targets structural, regulatory, ...

http://www.phnompenhpost.com/2013020861250/Business/project-set-to-develop-franchising.html

Cambodia exposed to large fiscal risks from disasters

Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned Wednesday. In its annual economic update on East Asia and the Pacific, the bank said the region was the most disaster-stricken in ...

The Cambodian Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NzMyZGM3M2ZiN2Y4ODU1ZDM0ODJjYmI5NDQwMTM3

National testing could widen

Cambodia may soon have new standardised exams to hold its students, teachers and education system accountable. “Everyone agrees that the improved enrolment rates in primary school is an accomplishment; at the same time, everyone also calls for quality-control improvement [which] means better testing,” said Jan ...

Laignee Barron
http://www.phnompenhpost.com/national/national-testing-could-widen

Construction on Cambodia Plaza resumes after years-long delay

After postponing construction due to the 2008 economic crisis, work on the ambitious Cambodia Plaza is gradually being resumed. The plaza is a mixed development project along Russian Boulevard close to the western end of the 7 January Overpass. Cambodia Plaza project manager Adam Liv said the ...

Siv Meng
http://www.phnompenhpost.com/real-estate/construction-cambodia-plaza-resumes-after-years-long-delay

Cambodian deal to resettle asylum seekers imminent

A controversial deal to allow Australia to send refugees to Cambodia is imminent and could be signed as early as this week, sources have told Fairfax Media. The Australian and Cambodian governments have been negotiating for months over a deal to resettle up to 1000 refugees ...

Ben Doherty and Sarah Whyte
http://www.smh.com.au/federal-politics/political-news/cambodian-deal-to-resettle-asylum-seekers-imminent-20140810-102ht3.html

Children gain opportunities but face risks in age of social media

A Children’s Fund (Unicef) report on the use of social media by children and adolescents in East Asia says that although access to such sites provides children with big opportunities, it also exposes them to the growing risks that accompany the platforms. ...

Voun Dara
https://www.phnompenhpost.com/national/children-gain-opportunities-face-risks-age-social-media

Long-awaited RCEP signing ‘bodes well for economic upturn’

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/

Asiatic black bear spotted in Cambodia’s protected areas

The rare and endangered Asiatic black bear (Ursusthibetanus) has been spotted in Cambodia’s protected areas, according to the Ministry of Environment. The bear species is present in several different regions including East, South and Southeast Asia. ...

Nov Sivutha
https://phnompenhpost.com/national/asiatic-black-bear-spotted-cambodias-protected-areas

ADB offers Covid recovery package

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package

Cambodia, France promote bilateral collaboration in all fields

Cambodia and France have agreed to promote bilateral cooperation in all fields. The agreement was made during the meeting between Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of Cambodia and Bertrand Lortholary, Director for Asia and Oceania of the Ministry ...

Khmer Times Staff
https://www.khmertimeskh.com/501236354/cambodia-france-promote-bilateral-collaboration-in-all-fields/

Meet focuses on technology’s role in sustainable agriculture

The state-run Agriculture and Rural Development Bank (ARDB) is hosting the three-day 47th Association of Development Financing Institutions (DFIs) in Asia and the Pacific’s (ADFIAP) annual meetings that kicked off in Phnom Penh, yesterday, outlining the role of technology and innovation in enhancing agricultural productivity, ...

Chea Vanyuth
https://www.khmertimeskh.com/501489148/meet-focuses-on-technologys-role-in-sustainable-agriculture/

SRP calls to suspend Prey Long rubber firm

Opposition party lawmaker Son Chhay has sent a letter to Deputy Prime Minister Sok An asking for the immediate suspension of a Vietnamese rubber plantation in the endangered Prey Long forest, accusing the firm of illegal deforestation. In the letter dated Wednesday, Mr Chhay also asked ...

SOA to build palm sugar factory with Korean firm

Local exporter Signatures of Asia and Korea-based B&G is Life are investing in a palm sugar processing factory in Kampong Speu province.​ In addition to the plant, the collaboration includes a warehouse, a solar dryer, and a blockchain-based traceability system, Pich Chan, SOA general manager, ...

Sok Chan
https://www.khmertimeskh.com/50661040/soa-to-build-palm-sugar-factory-with-korean-firm/

UN Report Says Law Marginalizes Sex Workers

Police targeting of sex workers for arrest has made them vulnerable to contracting or spreading HIV, according to a U.N. report released yesterday. The U.N. report, Sex Work and Law in Asia and the Pacific-Laws, HIV and human rights in the context of sex work, states that ...

Cambodia Joins Stocks Party

Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...

http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html

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