The Southeast Asia Weekly

Cambodia has offered the license for the United Kingdom’s Prudential Company to invest the life insurance in the kingdom. The announcement was made during the meeting between UK ambassador to Cambodia Mark Gooding and deputy prime minister and minister of economy and finance, his excellency Keat Chhon in Phnom Penh. “Ministry granted the approval for ...

Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...

Mr. Ek Sokchan, head of Phnom Penh Water Supply Authority on June 30 retired from his position and he has been appointed as the secretary of state for Ministry for Industry, Mine and Energy. ...

Renaissance Minerals Limited listed in ASX (Australian stock exchange under code: RNS) on June 26 announced the results of its first three drill holes from its inaugural diamond drilling program at the highly prospective Okvau Gold Deposit in Cambodia. An existing independent JORC-compliant indicated and inferred resource estimate has already been defined at the Okvau ...

Samdech PM Hun Sen this week met with I, I 00 voluntary students, who will help survey the land for local people. The government set policy to offer land for real poor and landless people in a form of helping poor and social equity. ...

Manulife, one of the world’s leading life insurance companies, now opened its office in Cambodia after seeing that growth of midlle class of total population. Manulife financial corporation was based in Canada. Manulife Financial on June 28 announced the official opening of its head office in Phnom Penh, Cambodia and its ceremony was presided over by H.E. ...

During the celebration of world day against child labor, ILO also released its message about the situation of child labor in Cambodia. June 12th is a very important day for all of us, ILO said, adding that we recognize efforts made to promote children’s rights for the children of this country, and share ...

Cambodia also is preparing draft laws on cyber and radio-communication restrictions which will manage the wave of radio frequencies. These bills also strengthen social safety, security and national defense. ...

After reforms instituted in 2011, the price of international phone calls dropped subsequently. In 2011, the price cost fell from 2.76 cent in 1997 to 0.25 cent per minute for mobile phone and desk phone cost about 2.56 cent in 1997 to 0.25 cent in 2010, and 2011 respectively, the report from the ...

Over 70 judges and justice ministry officials from throughout ASEAN gathered at a U.S.-supported ASEAN legal and judicial cooperation workshop in Cambodia this week for an unprecedented exchange of ideas on the rule of law in the ASEAN region. Representatives from the ASEAN Senior Law Officials Meeting (ASLOM), ASEAN Member State judicial bodies, and the ASEAN ...

Samdech Prime Minister Hun Sen on June 14 ordered line ministries to distribute land to landless and real poor people to contribute to strengthening social equity system in the kingdom. “Landless and real poor people will get a plot of land with land titles according to the obvious situation,” Premier said in the launching ceremony ...

Income from post office activity increased to 3.77 million US dollars in 2011 from 2.164 million in 2010 and that money is small in size but it showed that Cambodian people still need the post ways for sending their goods and other materials. At the same time, revenue from mobile phone companies and desk ...

Cambodia and Thailand are poised for a boost in trade and tourism following a new agreement taking effect today that simplifies procedures at a key border crossing between the two nations. “The ability to move people, goods, and vehicles across borders efficiently and responsibly is at the heart of regional economic integration,” said Craig Steffensen, ...

Cambodian Foreign Minister Hor Namhong met with Senator Jim Webb, of Virginia, this week, to discuss how Cambodia might be forgiven war-era debt to the US or find a better way to pay it off. Cambodia owes nearly $450 million on pre-Khmer Rouge borrowing. ...

Cambodia and China, on June 13th, inked an agreement to strengthen their ties and showed they have become comprehensive strategic partners as ties between the two countries boosts bilateral trade to reach a level of 5 billion US dollars by 2017. Eang Sophallet, an assistant to Samdech Prime Minister Hun Sen, told media that ...

In 2012, the number of phone users in Cambodia would stand at about 17.56 million and by 2015, about 21.31 million. And internet users in 2012 will reach to 1,739,618 by 2015, an increase of 1.89 million, His Excellency, Sarak Khansaid. ...

Cambodia plans to be gem and jewelry market supply in Southeast Asia region, commerce minister said at the fourth Cambodia gems and jewelry fair 2012 at Koh Pich (Diamond Island Center) on June 14. He adds: Ministry of Commerce is continuing its efforts to monitor and ...

Cathay United Bank, the banking arm of Cathay Financial Holding Co., has agreed to acquire a 70 percent stake in a Cambodia bank, the financial holding company said Thursday. With the acquisition, Cathay United Bank will become the largest shareholder in Singapore Banking Corp. Ltd. (SBC Bank), while the original Singaporean investors will retain the remaining ...

Poipet – Thailand and Cambodia on Thursday launched direct bus services linking Bangkok and Phnom Penh via the Aranyaprathet-Poipet border crossing, aiming to cut transportation costs, MOCT reported on June 15. Transport Minister Jarupong Ruangsuwan and Cambodian Public Works and Transport Minister Tram Iv Tek and representatives of the Asian Development Bank (ADB) co-presided at the ...

Cambodia so far has not feared for creating ASEAN economic community 2015 and deeper ASEAN and East Asia regional integration as the region will have free flow of goods, worker mobilization, finance and investment,” trade minister Cham Prasidh said on June 12. His announcement was made during the workshop of ASEAN economic community 2015. “We ...

Report from tourism ministry said: in 2011, it gained 2.8 million tourist arrivals and harvested for 1.9 billion US dollars. For fourth months of 2012, we received over 1, 272,514 foreign tourists, an increase of over 27 percent if comparing the same period of last year. Tourism industry offered direct jobs of 350,000. Ministry urged to ...

Passenger traffic at Phnom Penh, Siem Reap and Sihanouk international airports saw a combined 18.9% growth in May 2012, with passenger numbers totaling 283,000, the report from SCA, society concession airport said on June 7. It adds: ‘This brings the year-to-date passenger arrivals and departures to 1.89 million, a sterling 21.8% jump.’ ...

Her Excellency Dr Ing Kantha Phavi, minister of women’s affairs said: “Economic empowerment of women is a key strategy to promote gender equality and poverty alleviation and it is clearly articulated in specific targets under CMDG3 as one important goal among nine goals to be achieved by 2015.” Her announcement was made during the forum on ...

There are a number of Cambodian families employed to be leech catchers in Sor Yeav commune of Kampong Thorn province The villager Sin Ro Kar of Steung Sen district became a leech catcher and a Chinese company bought leeches from his villagers. “We do not know the reason of buying leeches and we ...