Government

International relations

Cambodia, Iran look to enhance bilateral ties, cooperation

Cambodia and Iran are looking for possibilities to strengthen and expand bilateral ties and cooperation for the mutual benefits of the two countries and peoples. Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong held a talk on Monday with the Hanoi-based Iranian Ambassador to Cambodia ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=221964

Questions over spending plan

The Council of Ministers on Friday approved a new five-year National Strategic Development Plan (NSDP) – the guiding policy document used by the government – requiring an estimated $26.58 billion in spending and investment, or more than $5.3 billion a year, until 2018. The plan ...

May Kunmakara and Kevin Ponniah
http://www.phnompenhpost.com/national/questions-over-spending-plan

Marubeni powers into Cambodia

Marubeni Corp. said Monday that it would acquire a 20 percent stake in a Cambodia-based electricity generation and transmission business owned and operated by Malaysia’s Leader Group, marking Japan’s first foray into Cambodia’s power market. Leader Infrastructure Ltd. operates two 50 megawatt coal-fired power stations in ...

Kyodo News Staff
http://www.japantimes.co.jp/news/2014/06/02/business/marubeni-powers-into-cambodia/#.U4128fmSx8F

Bordering on despair

In the wake of last month’s Thai military coup, an uneasy quiet has fallen over official checkpoints in Oddar Meanchey province, leading many on this side of the border to fear for their livelihoods. Sitting on a motorbike in the queue for O’Smach international border checkpoint ...

May Titthara
http://www.phnompenhpost.com/national/bordering-despair

Cambodia needs 26.5 bln USD for next five-year development plan

The Cambodian Council of Ministers on Friday approved a five-year development strategic plan (2014-2018), which needs financial resources of 26.5 billion U.S. dollars to achieve the target, according to a news statement released after a weekly cabinet meeting. The plan is designed to develop infrastructure, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/30/c_133374027.htm

Cross at your own risk

Since he began making the perilous journey to Thailand to log rosewood 10 years ago, Sao Sophon* has had plenty of time to calculate the cost of dying. “When we cross the border to Thailand, our lives are equal to $80 or $90, because that is ...

May Titthara and Alice Cuddy
http://www.phnompenhpost.com/national/cross-your-own-risk

Vendors hit as price of Thai durian imports rise

The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/vendors-hit-as-price-of-thai-durian-imports-rise-59964/

South Korea and Japan provide aid

The Japanese and South Korean governments yesterday announced millions of dollars in aid to Cambodia for a scholarship program and a number of rural development projects. Minister of Foreign Affairs Hor Namhong and Japanese Ambassador Kumamaru Yuji signed for a $2.85 million grant yesterday to fund ...

Vong Sokheng and Cheang Sokha
http://www.phnompenhpost.com/national/south-korea-and-japan-provide-aid

Grand Twins again delays bourse listing

Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...

Hul Reaksmey
http://www.cambodiadaily.com/business/grand-twins-again-delays-bourse-listing-59958/

Cambodia says to accept only voluntary refugees from Australia

Cambodia will take in only voluntary refugees from Australia, Deputy Prime Minister and Foreign Minister Hor Namhong said Wednesday. “We will only receive refugees, who voluntarily agree to come to Cambodia, not by force,” he said in a response to questions raised by journalists. “This is ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/28/c_133367869.htm

Cambodia to stay neutral in China-Vietnam territorial row

A meeting last week between China’s president, Xi Jinping, and the prime minister of Cambodia, Hun Sen, will see the Southeast Asian country maintain a neutral stance regarding the territorial dispute between China and Vietnam over the Paracel islands in the South China Sea, Hong ...

Want China Times News Staff
http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1501&MainCatID=15&id=20140528000058

Progress, but no ‘final decision’ on Australian immigration deal

Cambodian officials say they have not yet confirmed whether they will accept a request from Australia to receive rejected immigrants. But they do say the request is moving forward. The two sides signed a memorandum of understanding over the transfer of immigrants in April, but a ...

Khoun Theara
http://www.voacambodia.com/content/progress-but-no-final-decision-on-australian-immigration-deal/1924328.html

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/

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

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

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

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