News

Cambodia calls for deeper East Asian financial cooperation

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” ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWJiZTczMjAyZmJjMGZlNzhjM2FiMGQwZjUzN2M2

Thailand promoted as Asean insurance hub

The World Bank and Japan will promote Thailand as the insurance centre of the Association of Southeast Asian Nations (Asean) to help develop the industry in neighbouring countries and provide professional services to the more advanced economies. The move is also expected to upgrade the insurance ...

http://www.nationmultimedia.com/business/Kingdom-promoted-as-ASEAN-insurance-hub-30194268.html

Cambodia's oil imports rise

Cambodia imported approximately 1.2 billion tonnes of petroleum in the first nine months of the year, up 12.51 per cent from the 1.1 billion tonnes in the same period last year, statistics from the Ministry of Commerce showed last week. From January to September, Cambodia bought ...

http://www.phnompenhpost.com/index.php/2012111459729/Business/cambodias-oil-imports-rise.html

UN Rights Official Urges Cambodia to Ratify Convention To Protect Workers Abroad

A top UN diplomat has encouraged Cambodia to ratify a convention that would protect its migrant workers abroad. James Heenan, from the office of human rights at the UN, said in a forum in Phnom Penh that Cambodian workers abroad often see their rights violated. .. ...

http://www.voacambodia.com/content/un-rights-official-urges-cambodia-to-ratify-convention-to-protect-workers-abroad/1544255.html

Japanses Police Arrest Ten for Defrauding Investors

Tokyo police arrested 10 Japanese nationals earlier this month for allegedly defrauding more than 1,000 investors out of $20 millions using fictitious investment projects in Cambodia, according to Japanese media reports. “The Metropolitan Police Department found no evidence that the amount of money raised was ...

http://www.cambodiadaily.com

Cambodian Prime Minister calls on Japan for more tourists, investors

Prime Minister Hun Sen of Cambodia has called upon Japanese counterpart Yoshihiko Noda for his support in encouraging more investments and tourism from Japan to help strengthen bilateral ties between the two Asian nations. The request was made at a meeting on Monday during the ...

http://japandailypress.com/cambodian-prime-minister-calls-on-japan-for-more-tourists-investors-0717985

ASEAN to study new ties with six partners

ASEAN says it will study how to implement a proposed economic partnership with its six external partners that might lead to the foundation of world’s largest economic bloc. The proposed bloc, dubbed the Regional Comprehensive Economic Partnership (RCEP) or “ASEAN+6” , would integrate ASEAN’s 10 ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=M2UyOTgwNWE3MGRjZWY0ZDVkOGZlMDhjOTc1ODZl

Hedging China risks, Japan firms turn to booming SE Asia

Hiroshi Uematsu had a tough start in Cambodia, where he heads an economic zone that aims to attract business from his native Japan. He arrived just before the global financial crisis sent the Asian Economic Minnow’s exports into a tailspin and dried up investment interest. Now, ...

http://www.moneycontrol.com/news/world-news/hedging-china-risks-japan-firms-turn-to-booming-se-asia_778038.html

Job fair attracts a big crowd

Officials confirmed there were more than 20,000 participants at the job fair on Saturday organised by the National Employment Agency of the Ministry of Labour and Vocational Training, which was held in an effort to educate job seekers about current opportunities. Sokkhon David, acting director of information ...

http://www.phnompenhpost.com/index.php/2012110559560/Business/job-fair-attracts-a-big-crowd.html

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