Government

International relations

Foreign currency deposits see strong growth

Foreign currency deposits grew briskly during the first four months of the year, a sign that public confidence in Cambodia’s financial institutions is high despite the uncertainty after last year’s disputed national election, bankers said this week. Cheam Teang, executive vice president of Acleda Bank Plc., ...

Kang Sothear
http://www.cambodiadaily.com/business/foreign-currency-deposits-see-strong-growth-59815/

NGOs lobby China, companies over Sesan dam

A group of 15 local and international rights groups Tuesday sent a slew of letters to the Chinese government and companies involved in the Lower Sesan II hydropower dam in Stung Treng province seeking a halt to dam construction due to serious environmental and social ...

Simon Henderson
http://www.cambodiadaily.com/news/ngos-lobby-china-companies-over-sesan-dam-59807/

PM ends exile gov’t talk

Prime Minister Hun Sen said yesterday that his government will work with the Thai junta that came to power in a coup last week, and quashed speculation that the ousted Shinawatra clan may be allowed to set up a government in exile in Cambodia. In a ...

Vong Sokheng and Daniel Pye
http://www.phnompenhpost.com/national/pm-ends-exile-gov%E2%80%99t-talk

Northeast primed for colonisation: Rainsy

Cambodia National Rescue Party president Sam Rainsy yesterday called on residents in the northeast provinces to defend their land lest the area be turned into a Vietnamese “colony”. Rainsy’s comments were quickly condemned by both the Cambodian and Vietnamese governments. Speaking to hundreds of people in Mondulkiri ...

Meas Sokchea
http://www.phnompenhpost.com/national/northeast-primed-colonisation-rainsy

Cambodia not to interfere in Thai internal affairs: PM

Cambodia saw the military coup in Thailand last week as Thai internal affairs and the country would not meddle in Thai affairs, Prime Minister Hun Sen said Tuesday. The prime minister said Cambodia shares border with Thailand, so it is vital to continue maintaining relations ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/27/c_133365232.htm

Cambodia’s tobacco tax to go up, slightly

In less than two months, smokers indulging in Cambodia’s inexpensive cigarettes will have to reach a little deeper into their wallets. Starting in July, the tax on cigarettes will jump from 20 per cent to 30 per cent of the retail price, with a tax base ...

Sen David
http://www.phnompenhpost.com/national/cambodia%E2%80%99s-tobacco-tax-go-slightly

CSX gets help from Thailand

Cambodia Securities Exchange (CSX) will partner with the Stock Exchange of Thailand (SET) to bolster technical knowledge and potential investment into Cambodia’s nascent stock market. An agreement between the two financial institutions was signed in Phnom Penh yesterday at the CSX office, a deal that will ...

Hor Kimsay
http://www.phnompenhpost.com/business/csx-gets-help-thailand

More business with Oz sought

The Ministry of Foreign Affairs yesterday urged Cambodia and Australia to increase trade ties and encouraged greater investment from the Pacific country. Speaking at a seminar in Phnom Penh to mark the 40th anniversary of ASEAN-Australia relations, Soeung Ratchavy, secretary of state at Ministry of Foreign ...

Chan Muyhong
http://www.phnompenhpost.com/business/more-business-oz-sought

Is Cambodia engulfed in a human rights crisis?

Immigration Minister Scott Morrison has confirmed Australia is working on an agreement with Cambodia that would see refugees currently on Nauru resettled there. But Human rights lawyer David Manne, who launched a successful High Court challenge to the former government’s proposal to resettle refugees in ...

ABC News Staff
http://www.abc.net.au/news/2014-05-26/is-cambodia-engulfed-in-human-rights-crisis/5446002

Cambodia does not allow anybody to use its territory against other countries

Cambodia will not allow anybody to use its territory to oppose other countries, an official said Monday. Phay Siphan, spokesman for the Office of Ministers of Council, made comments after media reported that former Thai Prime Minister Thaksin Shinawatra who is brother of recently ousted Prime ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=MzM1OGFkM2FjY2I

US army shuts down website cited in HRW report

Four days after Human Rights Watch (HRW) published a report criticizing Washington for supporting Cambodia’s “abusive armed forces,” a Facebook page containing photos cited in the report has been removed from the Internet. According to the U.S. Embassy in Phnom Penh, the Facebook page titled “Angkor ...

Matt Blomberg
http://www.cambodiadaily.com/news/us-army-shuts-down-website-cited-in-hrw-report-59509/

Thai tourism threatened by coup; effect on Cambodia uncertain

Thailand’s Tourism Ministry has been biting its nails since the country’s military declared a coup on Thursday and imposed a nighttime curfew, but a Cambodian official said Sunday that it is too soon to say whether the lock-down will have a knock-on effect on tourism ...

Simon Henderson and Hul Reaksmey
http://www.cambodiadaily.com/news/thai-tourism-threatened-by-coup-effect-on-cambodia-uncertain-59558/

Tourism campaign to counter unrest

The Ministry of Tourism will hold an emergency meeting with industry leaders and representatives in Phnom Penh today to look at what can be done to curb the loss of cross-border visitors resulting from unrest in neighbouring countries. Minister Thong Khon yesterday emphasised the need for ...

Chan Muyhong
http://www.phnompenhpost.com/business/tourism-campaign-counter-unrest

Cambodians wary of Australia refugee deal

Cambodians are worried about an influx of immigrants as the government nears a deal with Australia to accept refugees in return for cash. The two countries have been in discussion since February over plans to resettle an unspecified number of refugees in Cambodia. “Our country’s economy is ...

SBS News Staff
http://www.sbs.com.au/news/article/2014/05/25/cambodians-wary-australia-refugee-deal

Pilot project to recruit Cambodian maids struggles to take off

A pilot project to recruit maids from Cambodia is struggling to take off as workers are turned off by high recruitment fees, and the fear of not being able to adapt to life here. Under a Ministry of Manpower (MOM) pilot scheme that began last August, ...

Amelia Tan
http://www.straitstimes.com/news/singapore/more-singapore-stories/story/pilot-project-recruit-cambodian-maids-struggles-take-201

Foreign policy challenged by regional conflicts, expert says

ambodian leaders are facing a very uncertain Asean in recent weeks, with anti-Chinese protests in Vietnam pitting two of the country’s standards allies against each other and a Thai coup sealing the western borders and leaving a neighbor in the hands of military control. Both issues ...

Sok Khemara
http://www.voacambodia.com/content/foreign-policy-challenged-by-regional-conflicts-expert-says/1921175.html

Australia close to Cambodia refugee deal

Australia has signaled that it is about to cut a deal with Cambodia to resettle refugees now in Nauru, media reported Thursday. It comes after both Nauru and Papua New Guinea determined the refugees status of some asylum seekers sent to each country by Australian authorities. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=MjdmYmU2YTNiMmM

Cambodia keeps cool after coup in Thailand

As news broke yesterday evening that the Thai political situation had evolved from martial law to a full-blown coup d’etat, Cambodian government officials said they hoped the army’s takeover would be transitional and dismissed any concerns that tensions could rise on the Cambodia-Thailand border. ”We wish ...

Kevin Ponniah and Vong Sokheng
http://www.phnompenhpost.com/national/cambodia-keeps-cool-after-coup-thailand

Chinese-funded agricultural park inaugurated in Cambodia

A Chinese-funded agricultural park has been inaugurated in Banteay Meanchey province in northwestern Cambodia. Banteay Meanchey provincial governor Kousom Saroeuth and Xiao Yi, head of international relations office of the Department of Agriculture of China’s Yunnan province,jointly unveiled the Friendship Park of Agricultural Science and Techniques ...

People's Daily Online News Staff
http://english.peopledaily.com.cn/business/n/2014/0522/c90778-8730855.html

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