News
Cambodia’s students to get schooled in tourism
Young Cambodians will now learn about tourism in grades 11 and 12, according to the new curriculum for public education that was launched yesterday. The development is aimed at enhancing quality in the tourism sector, officials said during a press conference. The new curriculum covers the ...
Regional pharma producers eye Kingdom
International pharmaceutical companies are increasingly looking to sell their products to Cambodia, although the market is full of obstacles, according to experts. After several big international players announced sales expansion plans, two companies from Indonesia, a major manufacturing hub in Southeast Asia, are planning to follow. Kalbe ...
http://www.phnompenhpost.com/2013052465819/Business/regional-pharma-producers-eye-kingdom.html
Electricity co-operation crucial
Co-operation on the exchange of electricity will be very important in making the 10-country ASEAN bloc move forward to a single market by 2015, experts said, but a shortage of power supply in each country remains a challenge. Speaking to reporters yesterday after the opening of ...
http://www.phnompenhpost.com/2013052465820/Business/electricity-co-operation-crucial.html
ASEAN power chiefs to follow up power grid plan
Leaders of ASEAN power utilities and authorities gathered on Thursday to follow up the progress of the ambitious ASEAN power grid action plan, which was set to inter-connect power lines in the 10 ASEAN member states by 2020. Speaking to reporters after the opening ...
http://www.chinadaily.com.cn/world/2013-05/23/content_16525904.htm
Compulsory insurance for car owners planned
Private car owners could soon be required to buy motor insurance if a planned law amendment gets the green light, stoking optimism that such a bill could put the brakes on Cambodia’s high rate of hit-and-run accidents. Currently, only commercial vehicles, such as buses, legally require ...
http://www.phnompenhpost.com/2013051465590/Business/compulsory-insurance-for-car-owners-planned.html
Cambodian Parliament Ratifies ASEAN-China Maritime Transport Agreement
The National Assembly of Cambodia on Friday ratified the agreement on maritime transport between the Association of Southeast Asian Nations (ASEAN) and China, saying the agreement is essential to develop trade and economic ties between ASEAN and China. “The agreement aims to facilitate and foster ...
http://news.xinhuanet.com/english/china/2013-05/10/c_132372924.htm
Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders
Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...
http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm
Made in Cambodia: Foreign Industry Calls on Cambodia as the Next “Low-Cost” Alternative in All Things Manufacturing
About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...
Cambodia, Uruguay sign visa-free agreement for diplomatic, service passport holders
Cambodia and Uruguay on Thursday signed an agreement on visa exemption for diplomatic and official passport holders, aiming at creating close contacts among the two countries’ diplomats, officials and business people, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian ...
Thais remove cassava and maize import restrictions
In order to boost the Kingdom’s trade performance and improve the quality of lives of farmers along the Thai-Cambodia border, Thailand has agreed to remove import restrictions on Cambodian cassava and maize. Speaking to reporters after the forth meeting of the Joint Trade Committee between Cambodia ...
US embassy to hold investment webinar
The US embassy in Phnom Penh intends to hold a webinar on doing business in Cambodia, providing information on the benefits and challenges of working in the country for US firms. “This is the first webinar that will focus on investment opportunities and an overview of ...
http://www.phnompenhpost.com/2013042265136/Business/us-embassy-to-hold-investment-webinar.html
Stronger ties with Cambodia sought ahead of rice-trading zone
Thailand will forge closer ties with Cambodia and other neighbouring countries to increase competency in rice trading and boost the bargaining power of Asean countries by setting up a rice-trading zone soon. Also, Thailand will expand crop cooperation to cassava to raise farm incomes in the ...
Cambodia growth to continue, but development faces shortfalls
Despite steady economic growth in recent years, Cambodia remains one of the least-developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...
Lauren Crothers, P. 20
http://The Cambodia Daily
China pledges $548 million in aid to ally Cambodia
China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...
http://www.reuters.com/article/2013/04/10/us-cambodia-china-idUSBRE93909D20130410
Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB
Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...
http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm
Full text of China-Cambodia joint press communique
The following is the full text of the joint press communique between China and Cambodia issued on Tuesday during the official visit by Prime Minister Samdech Akka Moha Sena Pedei Techo Hun Sen of the Kingdom of Cambodia to China: Joint Press Communique Between the People’s ...
Joint visa with Laos not expected before 2015
A Lao government delegation visiting the Kingdom’s capital last week anticipates that a joint visa scheme that would allow entry to both countries on a single visa will take at least two to three years to implement. Manoxay Vilayhane, second secretary at the Lao embassy in ...
Cambodia's rice export up 148 pct in Q1
Cambodia recorded a sharp rise in milled rice export in the first three months of 2012 thanks to increasing international market demand and more investment in post- harvest technologies, Prime Minister Hun Sen said Friday. A commerce report showed that the country exported 95,230 tons ...
http://www.asean-china-center.org/english/2013-04/07/c_132290214.htm
Xi hails ties with Cambodia
China-Cambodia relations have become a model of friendly coexistence and close cooperation among countries, Chinese President Xi Jinping said at an international forum that opened on Sunday. China and Cambodia are good neighbors, friends, partners and brothers, Xi said while meeting with Cambodian Prime Minister Hun ...
http://news.xinhuanet.com/english/china/2013-04/07/c_132290730.htm
Growing Tourism – A Positive Sign: Asia and Pacific Continue as Travel Hot Spots
Asia and the Pacific continued as a hot spot for international tourism in 2012, attracting what is expected to be in excess of 350 million international visitor arrivals, expanding its collective inbound count by more than 5% and generating more than 18 million additional foreign visits, year-on-year. Within this ...
Better Recovery for Construction and Real Estate Sector
2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...
PM to end missing link to Cambodia
Prime Minister Yingluck Shinawatra promised on Saturday to complete a missing rail link with Cambodia to foster closer ties with the neighbouring country. Ms Yingluck inspected the damaged tracks from Aranyaprathet district in Sa Kaeo to the border with Poipet in Cambodia and directed officials ...
http://www.bangkokpost.com/breakingnews/343138/yingluck-to-end-missing-link-to-cambodia
Thai-Cambodian trade in Surin reaches new record high
The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...
http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190
Malaysia’s Felda mulls local crops
Malaysia-based agricultural and commodities company Felda Global Ventures Holdings is considering investing in palm oil, sugar and rubber crops in Cambodia. Felda Global head of corporate communications Izan Hussain said yesterday the company had received numerous business proposals, but had not made any decisions. “Our discussions and ...
http://www.phnompenhpost.com/2013032964774/Business/malaysia-s-felda-mulls-local-crops.html