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China hugely contributes to world economy, says Cambodian scholars

China has greatly contributed to the development of the world economy, even though it is still a developing country, scholars in Cambodia said Sunday. “China helped other Asian economies to recover from the Asian financial crisis in 1997, assisted the Eurozone to recover from the ...

The Cambodia Herald​ News Staff
http://bit.ly/1O1mABr

Government slams ‘injustice’ of South China sea response

Cambodia has been treated unfairly by some ASEAN countries and members of the media, which have wrongly blamed the country for blocking a regional statement on a recent South China Sea verdict, Foreign Affairs Minister Prak Sokhonn said yesterday. ...

Khy Sovuthy and Ben Paviour
https://www.cambodiadaily.com/news/govt-slams-injustice-of-south-china-sea-response-116069/

China denies political conditions on aid to Cambodia

China says its financial assistance to Cambodia is in no way dependent on its diplomatic support, including in Beijing’s dispute with other Southeast Asian countries in the South China Sea.   ...

The Seattle Times staffs
http://www.seattletimes.com/nation-world/china-denies-political-conditions-on-aid-to-cambodia/

China says Brunei, Cambodia, Laos agree sea dispute must not hurt ties

China has agreed with Brunei, Cambodia and Laos that the South China Sea territorial dispute should not affect relations between China and the Association of South East Asian National (ASEAN), China’s Foreign Ministry said on Sunday. ...

Robert Birsel
http://www.reuters.com/article/us-southchinasea-china-asean-idUSKCN0XL04N

Kingdom reiterates stance on South China Sea

The Ministry of Foreign Affairs on Saturday issued a statement reiterating government policy laid out expressly by Prime Minister Hun Sen in recent speeches, saying Cambodia will not support Tuesday’s expected arbitration decision at the Hague in the South China Sea territorial dispute between China ...

Vong Sokheng
http://www.phnompenhpost.com/national/kingdom-reiterates-stance-south-china-sea

Prime minister inaugurates olympic pool in Kompong Cham

Prime Minister Hun Sen inaugurated Cambodia’s newest Olympic-size swimming pool in Kompong Cham province on Wednesday, a $1.5 million facility named after himself and marked as a venue for the 2023 South East Asian (SEA) Games. ...

Kuch Naren
https://www.cambodiadaily.com/news/prime-minister-inaugurates-olympic-pool-in-kompong-cham-101837/

South Korea pledges $417 million in development loans to Cambodia

South Korea will hand out nearly $420 million in development loans to Cambodia this week, much of it for roads and other infrastructure, bringing its total assistance to more than $880 million since 2001.   ...

Hannah Hawkins
https://www.cambodiadaily.com/business/south-korea-pledges-417m-in-development-loans-to-cambodia-124306/

Cambodia, South Korea ink five agreements, discuss migrants

Cambodia and South Korea yesterday signed five agreements, including the launch of a joint study on the possibility of a free trade agreement.​​ The agreements were signed by Foreign Affairs Minister Prak Sokhonn and his Korean counterpart Kang Kyung-wha on the sidelines of the Asean-Republic ...

Ben Sokhean
https://www.khmertimeskh.com/50664054/cambodia-south-korea-ink-five-agreements-discuss-migrants/

Foreign ministry calls on S Korea to take on more Cambodian migrant workers

Minister of Foreign Affairs and International Cooperation Prak Sokhonn on Monday requested the government of the Republic of Korea to receive more Cambodian migrant workers. The request was made at a bilateral meeting with South Korean Minister of Foreign Affairs Kang Kyung-wha during the Asean-Republic of ...

Long Kimmarita
https://www.phnompenhpost.com/national/foreign-ministry-calls-s-korea-take-more-cambodian-migrant-workers

South Korea pledges to support Kingdom’s ongoing development

The government yesterday highlighted the success of regional summits in South Korea, noting its government pledged to support the Kingdom’s socio-economic development. ...

Ben Sokhean
https://www.khmertimeskh.com/50665349/south-korea-pledges-to-support-kingdoms-ongoing-development/

S Korea asked to better conditions for workers

Cambodia made a rare show of defending its migrant workforce in South Korea on Friday, calling attention to a labour scheme that has come under fire for perpetuating exploitation and abuse. During meetings with the outgoing South Korean ambassador, president of the National Assembly Heng Samrin ...

Laignee Barron
http://phnompenhpost.com/national/s-korea-asked-better-conditions-workers

Warning issued on possible effects of ’17th Typhoon’ on Cambodia

The Ministry of Water Resources has issued a notification stating that:On October 8, active low pressure occurred in the Philippines. This active low pressure will gradually increase its impact into the South China Sea, possibly increasing its impact to the 17th typhoon (not yet officially ...

Khmer Times Staff
https://www.khmertimeskh.com/50947163/warning-issued-on-possible-effects-of-17th-typhoon-on-cambodia/

South Korea to give $3M for Mondulkiri crop project

The South Korean government has vowed to provide a $3.3 million grant to the Ministry of Agriculture, Forestry and Fisheries to implement a project to boost production of high-value vegetable crops and improve farmers’ livelihoods in the northeastern province of Mondulkiri, according to a senior ...

Thou Vireak
https://www.phnompenhpost.com/business/south-korea-give-3m-mondulkiri-crop-project

South Korea to approve $1.5b loan to develop Cambodia’s economy

Cambodia is preparing to ink a deal that will see South Korea offer $1.5 billion in loans to further develop the kingdom’s energy sector and infrastructure. ...

Meas Molika
https://kiripost.com/stories/south-korea-to-approve-15b-loan-to-develop-cambodias-economy

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

ACLEDA reports 20% less net profit in Q1

Mainboard-listed commercial bank ACLEDA bank Plc’s net profit for the first quarter ended March 31 fell 20 per cent to $35.36 million from $44.10 million last year as a result of widening net impairment loss, interest expense, and general and administrative expenses. ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-reports-20-less-net-profit-q1

NBC: Loans, deposits see double-digit 2022 growth

The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-loans-deposits-see-double-digit-2022-growth

MoU to improve tech skills

A Thailand-based technical university yesterday signed two memorandums of understanding (MoUs) with technical training institutes in Cambodia to improve human resources in the technical sector. The MoUs were signed between the Thai Rajamangala university of Technology and the National Polytechnic Institute of Cambodia and the National ...

http://www.phnompenhpost.com/2013012961037/Business/thailand-cambodia-sign-agreement-to-improve-tech-skills.html

Thai princess to visit kingdom

Thailand’s Princess Maha Chakri Sirindhorn will visit Cambodia next month to boost bilateral education ties between the kingdoms, a topic she has worked on since her first visit in 1992. ...

Vong Sokheng
http://www.phnompenhpost.com/national/thai-princess-visit-kingdom

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