News

China's Aid to Cambodia Helps Cement Ties

When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...

Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html

NGOs Harassed Ahead of Summit

Cambodian authorities have disrupted several events held by nongovernmental organizations and have threatened to arrest anyone holding protests ahead of sensitive regional summits to be held in the capital Phnom Penh, rights groups said Wednesday. The Independent Democracy of Informal Economic Association (IDEA) said authorities in ...

http://www.rfa.org/english/news/cambodia/disrupted-11142012183518.html

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

Cafta report card

China is encouraged by growing cooperation with Asean countries and hopes to see even more development in China-Asean trade to generate benefits for both sides. Under the China-Asean Free Trade Agreement (Cafta) that went into effect on Jan 1, 2010, more than 7,000 products are now ...

http://www.bangkokpost.com/business/news/312738/cafta-report-card

Re-hired OFWs for HK, Brunei, Cambodia may use multiple exit clearances

Overseas Filipino workers in Hong Kong, Brunei and Cambodia who need to shuttle between these countries and the Philippines can now avail themselves of the multiple travel exit clearance (MTEC), according to the Philippine Overseas Employment Administration (POEA). The Memorandum Circular No. 7 issued by POEA ...

http://globalnation.inquirer.net/48394/re-hired-ofws-for-hk-brunei-cambodia-may-use-multiple-exit-clearances

Phnom Penh Asean Meeting Braced for More S China Sea Talks

A dispute over territory in the South China Sea is once again set to hang over talks when China and the U.S. join in on a week of high-level Asean meetings that start in Phnom Penh on Friday. So far, the Ministry of Foreign Affairs has ...

Sea dispute still in limbo

A code of Conduct governing the South China Sea remains only an “eventual” prospect, Prime Minister Hun Sen said yesterday, despite it dominating discussions during this week’s ASEAN Summit. From the beginning of Monday’s Foreign Ministers’ Meeting, the question of China’s potential involvement in the drafting ...

http://www.phnompenhpost.com/index.php/2012040555452/National-news/sea-dispute-still-in-limbo.html

Maybank Cambodia aims to be in top 5 by 2015

Maybank launched yesterday its locally incorporated company in Cambodia, Maybank (Cambodia) Plc, and will also build a 10-storey corporate office with the aim of becoming one of the top five banks there by 2015. Currently ranked seventh in terms of assets among 33 banks operating ...

http://www.thesundaily.my/news/340539

Cambodia, Singapore urge peaceful solution to South China Sea dispute

Phnom Penh — Cambodia’s Minister of Foreign Affairs Hor Namhong and his Singapore’s counterpart K Shanmugam agreed on Wednesday that the territorial dispute in the South China Sea between China and some ASEAN countries should be solved peacefully. “We have exchanged ideas on the issue of ...

http://news.xinhuanet.com/english2010/china/2011-10/05/c_131175455.htm

Oil-claims talks 'highly likely'

Thailand is reportedly preparing to re-enter negotiations with Cambodia on the Overlapping Claims Area after officials from the two countries talked this week at the ASEAN Energy Business Forum in Brunei. Thai Energy Minister Pichai Naripthaphan said yesterday that he met informally with Ministry of Industry ...

http://www.phnompenhpost.com/index.php/2011092351817/Business/oil-claims-talks-highly-likely.html

Competitiveness Improves

The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...

http://www.bworldonline.com/content.php?section=TopStory&title=Competitiveness-improves&id=37920

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