Economy and commerce

Herewith the full text of the ASEAN Human Rights Declaration adopted by Southeast Asian leaders Sunday: WE, the Heads of State/Government of the Member States of the Association of Southeast Asian Nations (hereinafter referred to as “ASEAN”), namely Brunei Darussalam, the Kingdom of Cambodia, the Republic of ...

Chinese Premier Wen Jiabao pledged RMB 329 million ($53 million) in assistance to Cambodia on Sunday during a meeting with Prime Minister Hun Sen, a Cambodian official said. Ieng Sophalet, an assistant to Hun Sen, told reporters that the grant would be used for water resource ...

The Bank of China launched the first dual currency international bank card yesterday, part of a move to expand in the local market by offering both US dollar and Renminbi accounts on a single card. People can get the card for a deposit of US$10 at ...

The rice-processing industry is bringing South China’s Guangxi Zhuang autonomous region and Cambodia even closer, as it becomes a new growth point for bilateral cooperation with the Southeast Asian nation aiming to increase its rice exports. A rice milling plant in Kampong Chhnang Province of central ...

For the first time in ASEAN history, Cambodian businesses won three awards, presented on Saturday night at the 5th ASEAN business awards at the 49th ASEAN-Business Advisory Council meeting. The winning Cambodian companies were Agrotech Vita Co Ltd; ACLEDA Bank Plc and First Finance Plc. ...

Several groups are calling for the ASEAN summit to address the regional discord caused by the Xayaburi dam, which Laos began constructing earlier this month despite opposition downriver from neighbours Cambodia and Vietnam, as well as from conservation groups. On Friday, the Rivers Coalition in Cambodia ...

President Barack Obama arrives in Cambodia on Monday having just won four more years in office, but that is nothing compared to his host, Hun Sen. The 60-year-old Cambodian prime minister has held power since Ronald Reagan was in the White House, and says he’s ...

The 21st ASEAN Summit opened in Phnom Penh yesterday under the theme One Community, One Destiny, with meetings during the three-day event expected to tackle such issues as measures to build the ASEAN Community, regional peace and security, and strengthening co-operation between the bloc’s member ...

Capitalising on recent worldwide attention to their plight, some 200 villagers who say they’ve been robbed of their homes and land staged a vivid and stylised protest yesterday aimed at President Obama and Secretary of State Hillary Clinton, calling for intervention in Phnom Penh’s land-titling ...

On November 19, 2012, President Obama met with the leaders of the 10 member states of the Association of Southeast Asia Nations (ASEAN) to deepen our diplomatic, economic, security, and people-to-people ties with the key Asian multilateral organization. With a population of approximately 620 ...

Cambodia called Monday for the further deepening of ASEAN’s financial cooperation with China, Japan and South Korea. According to a paper circulating at a gathering of leaders to mark 15 years of cooperation between the 13 countries, so-called ASEAN+3 financial cooperation has “achieved many solid outcomes” ...

When the new Ford showroom opened on Monivong Boulevard on Friday morning, the most distinguished guest was the great granddaughter of company founder Henry Ford, Elena A Ford. The entourage also included Ford’s regional and local associates, all of whom were joined by the deputy. ...

A NEW report from the Organisation for Economic Co-operation and Development (OECD) says GDP growth in Cambodia over the next five years is likely to hit 6.9 per cent, the highest of any ASEAN country apart from Laos. However, the report warns that Cambodia needs to ...

Visiting Chinese Premier Wen Jiabao said here Sunday that the relationship between China and Cambodia has set a good example of friendly ties between neighboring countries. Wen made the remarks during a meeting with Cambodian Prime Minister Hun Sen. The comprehensive strategic partnership of cooperation between China ...

The ASEAN+3 (China, Japan and South Korea) Summit was held here on Monday to discuss measures and actions to further enhance cooperation in the future. The Summit was made between the leaders of the ten-country ASEAN led by Cambodian Prime Minister Hun Sen and the leaders ...

Additional investments in family planning yields economic benefits and would save developing countries more than US$11 billion annually, according to a UN report. Better access to family planning in developing countries would reduce costs for maternal and newborn health care by $11.3 billion per year, according ...

Various smuggled goods, mainly cigarettes, brandy and sugar, are being brought from Cambodia to Vietnam’s Long An and Tay Ninh Provinces before being transported to HCMC for sale, a Tuoi Tre investigation has found. On November 9, Tuoi Tre reporters pretending to be traders went to ...

Prime Minister Hun Sen, in his capacity as the 2012 ASEAN chair, has called for investors within the ASEAN member states as well as around the globe to invest in Cambodia in various sectors, particularly agriculture, food processing and manufacturing. The premier made the appeal on ...

PRIME Minister Julia Gillard is aiming for an ambitious trade agreement that not only covers ASEAN and its neighbours but leaves the door open for other entrants. Ms Gillard arrived in the Cambodian capital Phnom Penh on Monday for the East Asia Summit, which is set ...

Asean leaders have decided to delay the launch of the Asean Economic Community (AEC) for 12 months from Jan 1 to Dec 31, 2015 to prepare the necessary regulations. Lao deputy Prime Minister and Minister for Foreign Affairs Thongloun Sisoulith told the Bangkok Post that Asean ...

In an effort to reach a crowing number of customers in the agricultural sector Malaysia based CIMB bank Plc on Friday opened 4 new branches in Phnom Penh, Battambang and Kompong Cham cities. CIMB wants to provide loans to customers in the rice, ...

South Korean President Lee Myung-bak arrived in Cambodia on Sunday for a series of international summits, including one involving the newly re-elected U.S. president, Barack Obama, about freer trade and other cooperation issues in the region. On Monday and Tuesday, Lee will attend a trio ...

Prime Minister Manmohan Singh arrived in the Cambodian capital on Sunday to attend the ASEAN and East Asia Summits which will provide an opportunity for India to enhance its economic cooperation with the region amid lingering financial crisis in the western world. Singh is here for ...

THE ten-member Association of South-East Asian Nations (ASEAN) is used to fending off “interference” by the West in the internal affairs of some of its members. In recent years the human-rights record of the regime in Myanmar has been the tenderest of these sore spots. ...