Britain to support Cambodia in fight against money laundering, terrorism financing
Britain embassy to Cambodia is partnering with Cambodian government ministries and departments to provide a training course on international best practices in the field of anti-money laundering and combating the financing of terrorism, according to the embassy’s press release on Friday. The training will be ...
China's Taiwan opens 2nd bank in Cambodia
Taiwan Cooperative Bank, one of the leading banks in China’s Taiwan, officially commenced business in capital Phnom Penh on Thursday, bringing the number of commercial banks in the kingdom to 33. Taiwan Cooperative Bank is the 2nd bank from China’s Taiwan in Cambodia after the Mega ...
Cambodia urges to boost country's exports
Cambodian Prime Minister Hun Sen on Thursday urged local producers to increase production in order to boost the country’s exports when the Association of Southeast Asian Nations (ASEAN) turns into a community at the end of 2015. He [Hun Sen] said when ASEAN became [sic] ...
http://news.xinhuanet.com/english/business/2013-06/06/c_132436133.htm
Cambodia’s Crude Oil Imports Fall 12 pct in Q-1
Cambodia imported 412,190 tons of Crude Oil in Q-1 of Y 2013, a 12% fall compared with the 471,000 tons it imported at the same period last year, the Commerce ministry’s report showed Saturday. During the January-March period this year, the country spent US$ 397-M to ...
Anti-Corruption Unit seeks response over Information Ministry complaint
The government’s Anti-Corruption Unit has sent a letter to the Ministry of Information asking it to respond to allegations that its officials demanded bribes to let applicants pass exams for jobs in the ministry, a letter published on the ACU’s website reveals. ACU President Om Yentieng’s ...
Hun Sen leaves for ASEAN Summits in Brunei
Prime Minister Hun Sen left Monday to attend the 23rd ASEAN summit as well as other related meetings in Brunei, said Srey Thamrong, a minister attached to Hun Sen. The summits held from October 9-10 will include the 23rd ASEAN Summit, 16th ASEAN-Japan Summit, 16th ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NWZjNjg3OWRkNDA
Cambodia's Angkor greets 1.57 mln foreign visitors in 9 months
Cambodia’s Angkor Wat temples, one of the world heritage sites, attracted 1.57 million foreign tourists in the first nine of the year, up 6 percent compared with the same period in a year earlier, a tourism report showed Monday. South Korea, China, Vietnam, Japan and Thailand ...
Global Times
http://www.globaltimes.cn/content/817619.shtml#.Ul0inVBgd8E
Cambodia Wants Sinopec to Build Oil Refinery by 2018
Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15, citing a spokesman. ...
Oil and Gas Industry Latest News Staff
http://www.oilandgaseurasia.com/en/news/cambodia-wants-sinopec-build-oil-refinery-2018
Cargo shipments up 16 pct
The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...
May Kunmakara
http://www.phnompenhpost.com/business/cargo-shipments-16-pct
Thai fishing industry under spotlight
Far stricter monitoring of the recruitment and employment of Cambodians and other migrant labourers is needed to ensure the future of the Thai fishing industry, a new study by the International Labour Organization warns. Two and a half per cent of the 241 Cambodians interviewed ...
Abby Seiff
http://www.phnompenhpost.com/national/thai-fishing-industry-under-spotlight
Large number of Chinese firms to join Cambodian expo
Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...
The Global Times News Staff
http://www.globaltimes.cn/content/831400.shtml#.UqfDKNIW2ls
Avis pulling into town
International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group. If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom. The company ...
Eddie Morton
http://www.phnompenhpost.com/business/avis-pulling-town
Kubota enters Cambodia
Siam Kubota Corporation (SKC), a leading farm truck maker, has partnered with Group Lease to enter the agriculture machine market in Cambodia. Mitsuji Konoshita, chief executive of Group Lease, said the partnership with SKC is a bid to extend leasing service to Kubota’s clients in ...
Nuntawun Polkuamdee
http://www.bangkokpost.com/news/asia/368267/kubota-enters-cambodia
Cambodia’s aviation sector rapidly growing: report
Capitalising on booming travel from Vietnam and China, the domestic aviation sector has enjoyed 18 per cent passenger growth for the second year running, according to a new report, which describes Cambodia as having one of the fastest-growing markets in Southeast Asia. The report, by the ...
Eddie Morton
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-aviation-sector-rapidly-growing-report
Education official promises to repay shortchanged teachers
A technical error caused 57 teachers in Oddar Meanchey province to be shortchanged when collecting overtime salaries, said an education official who promised the problem will be rectified by the end of May. A teachers’ union on Monday asked the Ministry of Education to address some ...
Ben Sokhean
http://www.cambodiadaily.com/news/education-official-promises-to-repay-shortchanged-teachers-58749/
Dreamworld operator sees revenue drop
Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...
Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/
CSX index up 7.25 per cent, $1.25 million in shares traded
Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO). At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded
PM Hun Sen says ‘budget balanced’
PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/
Automotive firms hit on imports, exports
COVID-19 has affected the Kingdom’s automotive industry severely, with trade dropping nearly 40 percent compared with the previous year. According to the latest import and export statistics for the first nine months of this year, the volume of automobiles and motorcycles exported dropped by 34.1 ...
Jason Boken
https://www.khmertimeskh.com/50795854/automotive-firms-hit-on-imports-exports/
Cambodia’s Mekong water levels to drop due to power grid maintenance in China
The water outflow at Jinghong hydropower station in China’s Yunnan province is dropping due to power grid maintenance during 5 – 24 January, leading to changes in river water levels along the Mekong River in Thailand, Lao PDR, and Cambodia, according to a press release ...