News
UN Security Council bid falls short
After more than a year of bitter campaigning, Cambodia saw its efforts to win one of five non-permanent seats on the UN Security Council fall flat early this morning after the vote went to South Korea. In an election held at the UN General Assembly in ...
Cambodia ratifies agreement on visa exemption for Asean nationals
The Royal Government of Cambodia has deposited their instrument of ratification to the Association of Southeast Asian Nations (Asean) Framework Agreement on visa exemption for Asean nationals last week with Surin Pitsuwan, secretary-general of Asean, in accordance with the Article 8 of the agreement The agreement ...
Security puts construction on hiatus
Owners of the upscale 240 Phnom Penh condo development said yesterday that they have stopped construction, for the time being, in order to ensure the security of the nearby US ambassador’s residence. “Construction at ‘240 Phnom Penh’ luxury apartments has been temporarily suspended whilst our ...
Migrant worker policy set to change: ministry
The Cambodian government has developed six prakases related to a controversial sub-decree that regulates the recruitment of migrant workers, but it cannot yet release the details, a Labor Ministry official said yesterday. On the sidelines of an ASEAN meeting in Siem Reap aimed at curtailing migrant worker abuses, Seng Sakada, ...
Thailand Urges Cambodia To Consult Asean On Nuclear Power Project
Thai Army Chief General Prayuth Chan-ocha has called on neighbouring Cambodia to consult with member countries of the Association of Southeast Asian Nations on its reported plan to develop a nuclear power project. General Prayuth said the Cambodian nuclear power project has “pros and cons” ...
PM mocks pay-rise promises
Prime Minister Hun Sen mockingly declared that opposition pledges to increase the salaries of civil servants marked the arrival of “the season of promises” ahead of next year’s elections, during a speech yesterday. The premier deemed boosting salaries by reducing tax losses attributed to graft unfeasible because ...
http://www.phnompenhpost.com/index.php/2012101059220/National-news/pm-mocks-pay-rise-promises.html
The arrival of the ASEAN Economic Community will likely be delayed
ASEAN leaders have proposed putting off the planned launch of the ASEAN Economic Community (AEC) until the end of 2015, instead of the beginning of that year, so each member state will have more time to prepare for the single market, according to Cambodian Commerce ...
Malaysia - Cambodia trade increases
More than 24,000 Cambodians visited Malaysia during the first half of 2012, while Malaysian arrivals to Cambodia numbered 54,000, an increase of 11.1 per cent compared with the same period in 2011. Ambassador Hussein’s remarks came during the the first three-day Malaysia Travel and Shopping ...
http://www.phnompenhpost.com/index.php/2012092458862/Business/malaysia-cambodia-trade-increases.html
Number of outbound travelers jumps
The number of Cambodian outbound travelers increased by 27 percent to 445,020 in the first seven months of this year from 357,050 during the same period last year, according to data from the Tourism Ministry. Ang Kim Eang, president of the Cambodia Association of Travel Agents, ...
China ASEN Expo starts on Friday
Minister of Commerce Cham Prasidh and 100 Cambodian companies are set to represent the Kingdom at the 9th China-ASEAN Expo in Nanning, China, which starts tomorrow, according to officials. The expo will include representatives from all 10 ASEAN countries and China itself. Cambodian officials will seek ...
'Morality' clause still worries rights group
A coalition of women’s groups have lashed out at Malaysia for continuing to endorse a “public morality” clause in the draft ASEAN Declaration on Human Rights. They claim the clause is subjective and discriminates against women and sexual minorities and should be ditched. Currently being drafted by ...
At ASEAN energy summit, green energy and investment were in focus
In his talk at the ASEAN energy ministers meeting held in Phnom Penh last week, Prime Minister Hun Sen emphasized the need for the ten-member bloc to work together to bolster its regional energy connectivity to meet a rapidly growing demand for energy. He also ...
Cambodia Asks China to Fund Power Cables
Two weeks after Prime Minister Hun Sen returned from China with more than half a billion dollars in new loans and grants, Cambodia once again asked Beijing for money on Thursday. In a bilateral discussion held alongside this week’s series of meetings between Asean energy ministers, ...
CIMBT expands intra-Asean ATM service
CIMB Bank Thai (CIMBT) clients will one day able to use ATMs for financial transactions anywhere in Asean. The regional linkage of ATMs is aimed at improving service and cost efficiency as a part of the CIMB Group’s regional strategy. Executive vice-president Dusanee Klewpatinontha said Cambodia has ...
http://www.bangkokpost.com/business/economics/312275/cimbt-expands-intra-asean-atm-service
Secretary-General Says Asean to Delay Start of Economic Union
The plan to create an economic union in the Association of the Southeast Asian Nations (Asean) will likely see a delay of a year, Asean Secretary-General Surin Pitsuwan said at the meeting of the bloc’s energy ministers in Phnom Penh. During the meeting, Mr. Surin said ...
Energy issues focus for ASEAN
Prime Minister Hun Sen opened the 30th ASEAN Ministers on Energy Meeting yesterday in Phnom Penh, where ASEAN officials will focus on ASEAN green energy and develop a plan for ASEAN’s power grid, officials said. Victor Jona, deputy director general of energy of the General Department ...
http://www.phnompenhpost.com/index.php/2012091258643/Business/energy-issues-focus-for-asean.html
ASEAN senior officials meet ahead of 30th ASEAN Ministers on Energy Meeting
ASEAN senior officials on energy gathered here on Monday to discuss and prepare documents for the 30th ASEAN Ministers on Energy Meeting and related meetings to be held on Sept. 12. The two-day preparatory meeting, under the theme “ASEAN Green Connectivity”, was chaired by Tun ...
http://news.xinhuanet.com/english/world/2012-09/10/c_131841006.htm
South China Sea outlook
The disputes over sovereignty in the South China Sea are approaching a tipping point. As former ASEAN secretary-general Rodolfo Severino said last month: “The disputes cannot be resolved anytime soon, if at all. The most that can be done is to prevent them developing into armed ...
Backgrounder: Operating, negotiating FTA agreements with APEC economies
Member economies of the Asia-Pacific Economic Cooperation forum (APEC) are striving to forge a regional free trade facility to be known as FTAAP (Free Trade Area of Asia-Pacific) AFTA (ASEAN Free Trade Area) – signed in January of 1992, it covers all 10 ASEAN members of ...
ASEAN forum to tackle migrant worker safety
One of the biggest challenges to protecting Cambodian migrant workers is the sheer distance between their homeland and the countries they are working in, Ministry of Labour officials said yesterday. A pattern has emerged in which brokers lure more and more Cambodians away from traditional border-country ...
China Gives $523M, Thanks Cambodia for Asean Help
Prime Minister Hun Sen returned home yesterday from a quick trip to Beijing with the promise of some $523 million in new loans and grants, one day after Chinese Prime Minister Wen Jabao praised Cambodia for helping China maintain “friendly relations” with Asean. Speaking with ...
China gives Cambodia aid and thanks for ASEAN help
China has pledged more than $500 million in soft loans and grants to Cambodia and Prime Minister Wen Jiabao thanked it for helping Beijing maintain good relations with the regional grouping ASEAN, a Cambodian junior minister said. A summit of the 10 members of the Association ...
http://www.reuters.com/article/2012/09/04/cambodia-china-idUSL4E8K41I320120904
ASEAN push for integration
ASEAN economic ministers on Friday agreed to spur stronger cooperation and make more of an effort to enhance the region’s integration in preparation for the ASEAN Economic Community (AEC) in 2015. Speaking during the press conference on the closing of the 44th ASEAN Economic Ministers’ Meeting ...
http://www.phnompenhpost.com/index.php/2012090358439/Business/asean-push-for-integration.html
US firms suggest ASEAN improve financial services
Although US businesses across ASEAN have expressed a positive investment outlook towards Cambodia and the other members of the regional group, they are unsure of how to take advantage of the free-trade agreement with China, insiders said at the first-ever ASEAN-US Business Summit, which kicked ...