News
ASEAN hits troubled waters
Prime Minister Hun Sen pushed regional unity at the opening ceremony of the ASEAN Summit yesterday, but criticism directed at Cambodia over the South China Sea ensured the dispute remained front and centre. As heavily armed guards lined the streets outside the Peace Palace in Phnom ...
http://www.phnompenhpost.com/index.php/2012040455423/National-news/asean-hits-troubled-waters.html
Gaming firm to expand Poipet operations
American Stock Exchange-listed Entertainment Gaming Asia Inc has announced it will build and operate a slot hall as an addition to an existing casino in Poipet city on Cambodia’s border with Thailand, according to a company statement. ...
China stalls Cambodia’s first rice exports at border
Cambodia had made its first direct shipment of rice to China, an official revealed yesterday, but the test run, which was hoped to open the vast Chinese rice market to local exporters, was largely unsuccessful. Golden Rice Co Ltd shipped 48 tonnes of milled rice to ...
Close ASEAN cooperation urged to promote growth
Cambodia, the current ASEAN chair, has called for stronger financial cooperation among its member countries to promote economic growth. The main agenda is to ensure that Southeast Asia is on track to meet an ambitious goal of transforming in three years into a European Union-like ...
Hu pledges millions in aid
A weekend meeting between Chinese President Hu Jintao and Prime Minister Hun Sen concluded with millions in loans and aid agreed to and a clear message: neither nation is in a rush to deal with the prickly South China Sea dispute. At the Saturday one on ...
http://www.phnompenhpost.com/index.php/2012040255376/National-news/hu-pledges-millions-in-aid.html
Cambodia-Vietnam JV targets rice exports
CAVFOOD, a joint venture between Cambodian and Vietnamese companies, launched the first phase of its US$8 million rice mill in Phnom Penh on Friday. The venture is an investment by Cambodian state-owned rice exporter Green Trade and Vietnam’s VNA Food 2 and Bank for Investment and ...
President Hu concludes three-nation Asia trip
Chinese President Hu Jintao left Phnom Penh, capital of Cambodia, for home Monday, after a state visit to the southeast Asian nation. During the visit, Hu met Cambodian King Norodom Sihamoni, Senate President Chea Sim, National Assembly President Heng Samrin and Prime Minister Hun Sen. Hu and ...
http://www.chinadaily.com.cn/china/2012-04/02/content_14971234.htm
Phl, Cambodia working together to combat transnational crimes
The Philippines and Cambodia are working together through the Joint Commission for Bilateral Cooperation (JCBC) to combat transnational crimes within their borders, the Philippine Ambassador to Cambodia has said. They also strengthened talks on human development and exchange of experts on agriculture, capacity building through ...
Hu, Cambodian PM agree to advance ties
Chinese President Hu Jintao and Cambodian Prime Minister Hun Sen agreed here Saturday to advance the comprehensive relations of strategic cooperation and partnership between their two countries. In a meeting, the two leaders pledged to expand mutually beneficial cooperation in all fields and to double the ...
http://www.chinadaily.com.cn/china/2012HuAsiaTour/2012-03/31/content_14962294.htm
Hu wants Cambodia help on China Sea dispute, pledges aid
Chinese President Hu Jintao asked close economically Cambodia on Saturday not to push talks on the vexed issue of the South China Sea “too fast” as he pledged to double bilateral trade to $5 billion and announced fresh aid to the impoverished country. Cambodia holds the ...
http://www.reuters.com/article/2012/03/31/us-cambodia-china-idUSBRE82U04Y20120331
China’s Hu Visits Cambodia as Asean Leaders Eye Sea Disputes
President Hu Jintao today becomes the first Chinese head of state to visit Cambodia in 12 years, in a trip days before Southeast Asian leaders gather for talks that may touch on territorial disputes in the South China Sea. Hu’s visit, which lasts until April 2, ...
Worker Shortage Biggest Threat to Economy
A shortage of workers, particularly those with skills, is the biggest threat to economic growth in Cambodia today, Sok Chenda, secretary general of the Council for the Development of Cambodia (CDC), said yesterday. Speaking at the Greater Mekong Subregion Investment Policy Forum organized by the Organization ...
Hyatt Overtakes Siem Reap’s Hotel de la Paix
Hyatt Hotels Co will open its first hotel in Cambodia next year by rebranding the well-known five-star boutique resort Hotel de la Paix, the company said in a statement on Tuesday. As part of the agreement, KS Hotels and Resorts, a Thai-based firm, will retain full ...
A ‘good neighbour’ policy
Australian Foreign Minister Bob Carr chose Cambodia as his first official overseas trip since his March 2 appointment to the top foreign policy job. The Australian Labor Party politician, former journalist and longtime premier of New South Wales sat down on Monday evening with the ...
http://www.phnompenhpost.com/index.php/2012032855289/National-news/a-good-neighbour-policy.html
Australian FM hails Cambodia for rapid growth, political stability
Visiting Australian Foreign Minister Bob Carr on Monday praised Cambodia for its rapid economic growth in recent years and political stability. Bob Carr said that Australian Development Assistance Program has allocated 77 million U.S. dollars to Cambodia in 2011-2012, focusing on agriculture development, health, services, infrastructure ...
http://news.xinhuanet.com/english/world/2012-03/26/c_131490522.htm
Myanmar’s man on a mission
Cambodia, as ASEAN chair, could play a vital role in strengthening the international community’s perception that Myanmar has reformed and sanctions need to be lifted, independent observers told the Post yesterday. As Prime Minister Hun Sen described yesterday’s arrival of Myanmar president Thein Sein in Phnom ...
http://www.phnompenhpost.com/index.php/2012032255199/National-news/myanmars-man-on-a-mission.html
Cambodia expects 7 pct GDP growth in 2012: Finance Minister
Cambodia’s Finance Minister Keat Chhon said Monday that the country’s Gross Domestic Product (GDP) growth is expected at 7% this year. Cambodia’s forecast was based on the increases in garments exports, tourist arrivals, and agriculture as well as a gradually recovered real estate sector, the ...
http://news.xinhuanet.com/english/business/2012-03/12/c_131462003.htm
ILO program pushes dialogue
In the wake of several violent garment-factory protests last week, the International Labour Office yesterday launched a five-year, US$5 million Decent Work Country Program in Cambodia to focus on improving industrial relations. “[This] marks the beginning of a new body of work for the ILO in ...
http://www.phnompenhpost.com/index.php/2012030254818/National-news/ilo-program-pushes-dialogue.html
Cambodia, China willing to further enhance cooperation in all fields: officials
Cambodia and China are willing to further promote bilateral cooperation in all fields in the framework of ASEAN-China relations, officials said Monday. The commitment was made during the official visit of Ma Mingqiang, secretary general of ASEAN-China Center, to Cambodia. In a meeting with Cambodia’s Minister ...
Good ties boost investment, trade, tourism between Cambodia, China
The bilateral relations between Cambodia and China in terms of investment, trade and tourism have become stronger in the past year thanks to the two countries’ good relations, said officials Friday. Cambodia attracted China’s investments of 1.19 billion U.S. dollars in 2011, up 71 percent from ...
http://news.xinhuanet.com/english/china/2012-02/17/c_131416641.htm
Shrimp firm in dispute with equity fund
Nautisco Seafood Manufacturing Inc, a Canadian-Cambodian shrimp producer in Preah Sihanouk province, has accused the private equity fund Leopard Capital, one of its shareholders, of draining the company of its finances. In a statement released Friday, Nautisco said that Phnom Penh Municipal Court had ordered the ...
As chair of Asean, Cambodia promotes Korean peace talks
In its capacity as Asean chair, Cambodia has said it wants to help lessen tensions on the Korean peninsula by trying to revive the six-party talks on North Korean denuclearization and by inviting North Korea to join the Asean Ministerial Meeting in Phnom Penh in ...
Pakistan, Cambodia talk economic ties
Pakistan and Cambodia yesterday discussed strengthening economic ties in areas such banking and transportation, a government official said. Ambassador of Pakistan Fazal-ur-Rahman Kazi and Cambodia’s Deputy Prime Minister Sok An considered an agreement on the protection of trade and investment, Ek Tha, spokesman for the Council ...
Despite deal, Mekong's future still a concern
The agreement by Mekong River Commission Countries to conduct more studies before they decide on Laos’ proposal for the first Lower Mekong dam received further support on Friday, with an influential US senator and an environmental group welcoming it as an important step in preventing ...