Trade

The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...

Asean leaders Tuesday discussed the importance of expanding economic opportunity for the region, vowing to increase efforts for better trade and investment amid members states and with the US. Surin Pitsuwan, secretary-general of Asean, said “more and more” was expected of Asean today. “So it is ...

Prime Minister John Key has joined a launch of Asian free trade talks – but made it clear he favours a US-backed deal. The East Asian Summit wrapped up in Phnom Penh yesterday with Asian leaders formally announcing a start to negotiations towards a Regional Comprehensive ...

At the U.S.-Asean meeting at the Peace Palace in Phnom Penh yesterday, the U.S. and the 10 Asean member nations agreed to further their cooperation in all areas, including security to ensure peace in the region. ...

The secretary-general of the Council for the Development of Cambodia (CDC) called on Asean member states to work collectively towards achieving the Asean Economic Community by 2015. Sok Chenda Sophea, who chaired the 2nd Asean Investment Forum (AIF) held in Phnom Penh, said Asean members must ...

Criticism continued yesterday of the Asean Human Rights Declaration, which was signed in Phnom Penh on Saturday after regional leaders decided to make last-minute revisions that were widely deemed as inadequate. U.N. experts ans civil society groups criticized the lack of consultation in drawing up the ...

Economic ministers from Asean’s 10 member states signed an agreement yesterday to loosen restrictions around the movement of skilled labor in the region, part of preparation for the integration of the Asean Economic Community in 2015. The Asean Movement of Natural Persons Agreement is supposed to ...

With political and cultural ties between India and Southeast Asia already strong, economic issues were the focus of the 10th Asean-India Summit at the Peace Palace yesterday in Phnom Penh, the India ambassador to Cambodia said. ...

Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...

Coca-cola and Smart Mobile have teamed up in a joint promotion to give away $1 million worth of prizes, including top-up minutes and 25 Samsung Galaxy S3 smartphones using numbers printed under bottle caps of Coca-Cola, Fanta and Sprite. The promotion started on November 1 ...

In the not-so-distant past, visitors to Koh Dach, an island in the Mekong River about 15 kilometers outside of Phnom Penh, were often struck by the sound as well as the sights that met them there. Among the many crafts on display by local artisans, ...

The bilateral C volume between Cambodia and the United States reached 2.2 billion U.S. dollars in the first nine months of this year, a 2 percent rise compared with 2.15 billion U.S. dollars at the same period last year, according to the statistics of the ...

The price of the exchange’s sole listed company, PPWSA, remained very stable from Nov. 8-15 at KHR 6,200 (US$1.55), the price it arrived at on Oct. 30. Trading volumes over the period fluctuated between 4,501 and 38,951 shares. ...

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 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 ...

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 ...

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 ...

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 ...

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 ...