News

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 Spells Out its Tourism Priorities Ahead of 2015

The countries of ASEAN are now implementing a clear road map to achieve the tourism objectives of the ASEAN Economic Community, due 2015. There will be a new ‘ASEAN for ASEAN’ campaign and special promotions, along with enhanced strategic cooperation with the growth markets of ...

http://www.cambizreview.com/

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 ...

http://www.phnompenhpost.com/index.php/2012083158399/Business/us-firms-suggest-asean-improve-financial-services.html

Cambodia steps up Internet surveillance

As Burma loosens its grip on the media, Cambodia has begun to rank high among the countries repressing internet and telephone freedom in the name of national security, safety and social order. It is still not comparable to China or Vietnam, but Cambodia is moving ...

http://asiancorrespondent.com/88383/cambodia-internet-circular-surveillance-radio/

Diplomats Continue Writing Letters of Complaint Over Asean

Nearly two months after the 45th Asean Foreign Ministers Meeting concluded with ministers failing to issue a joint communique for the first time in the block’s history, Cambodia remains on the defensive, this week disseminating yet another agressive letter to the editor of a regional newspaper. In a ...

Indonesia Bonding With Cambodia in Trade

Indonesia was involved in advanced talks in Cambodia during the late 1980s. Known as the Jakarta Informal Meeting, Indonesia was trying to help put an end to Vietnam’s invasion of Cambodia, in what some observers called the Third Indochina War (1978-91). Despite these close ties, ...

http://www.thejakartaglobe.com/business/indonesia-bonding-with-cambodia-in-trade/540441

National TV to Air Chinese-State Programs

Cambodia’s national television station TVK, is this week devoting 20 minutes per night of its schedule to shows produced by the state-run provincial Chinese broadcaster, according to the station’s chief. “The 2012 TVK-China Guangxi TV Showcase Week will show the Cambodian public about tradition, friendship, ...

Beijing 'Coordinated' With Cambodia to Influence Asean Meeting

A Chinese academic with close ties to China’s state security apparatus has claimed that Beijing coordinated with the Cambodian government to influence the outcome of the Asean meeting in Phnom Penh, according to the Financial Times. In an interview with the Financial Times on Wednesday, Chen ...

Exports to China Fell 10% in First Six Months

Revenues generated from Cambodian exports to China fell by 10 percent in the first half of the year, according to figures released by the Ministry of Commerce last week. About $60 million worth of goods were exported from Cambodia to China between January and June, the ...

Gov't Approves Nearly $500M in Investments

Cambodia approved a total of $479.68 million in new investment projects between January and June with more than 70 new ventures in the pipeline, according to date released yesterday by the Council for the Development of Cambodia (CDC). Investments in the garment sector continued to dominate new investments, comprising 49 of ...

Cambodia Inaugurates China-funded Road in N Provinces

Cambodia on Wednesday inaugurated a 128-kilometer China-funded national road No. 62 in an effort to boost social and economic development in northern provinces. The road, from Kampong Thom province’s Kampong Svay district to the provincial town of Preah Vihear province, cost about 52 million U.S. dollars ...

http://english.cri.cn/6909/2012/08/08/2821s716012.htm

Chinese firm plans investment in Cambodia

PHNOM PENH — China’s Hainan Ruijin Investment Holding Group planned to invest in rice plantation, cow farm and tourism development in Cambodia, the group’s chairman Pan Xiaoping said Wednesday. Pan said during a meeting with Heng Samrin, president of Cambodia’s National Assembly that his company decided ...

http://usa.chinadaily.com.cn/business/2012-08/08/content_15652505.htm

Banks Look to Offer Services Using Renminbi

Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...

Push for trade in yuan increasing

Slowly but steadily, demand to do cross-border business in Chinese yuan is pushing its way into one of Asia’s dollar-dominated strongholds. As China continues to liberalise the yuan – or at least hint at when some capital controls could be lifted – Cambodian businesses that import ...

http://www.phnompenhpost.com/index.php/2012072557593/Business/push-for-trade-in-yuan-increasing.html

Hor Namhong Rejects Blame For Failed Talks

Foreign Minister Hor Namhong on Friday put the blame for last week’s failure among Asean countries to release a joint communiqué on territorial disputes in the South China Sea firmly back on Vietnam and the Philippines. More than a week since discussions related to the territorial dispute between Asean’s members ...

ASEAN Post Ministerial Conference Focuses On Mutual Benefits

The ASEAN Post Ministerial Conference (PMC) 10 + 1 Session with 10 ASEAN’s Dialogue Partners, namely, Australia, Canada, China, the European Union (EU), India, Japan, New Zealand, the Republic of Korea, the Russian Federation, and the United States of America were held in Phnom Penh, Cambodia, on 11 July 2012. They focused on cooperation ...

http://thesoutheastasiaweekly.com/

Devillers Departs on Late Night Flight to China

Detained French architect Patrick Henri Devillers boarded a flight to China late last night after being held in custody in Cambodia for more than a month for his links to the biggest political scandal to hit China in decades, a government spokesman said. At Phnom Penh ...

China provides largest loan to Cambodia

China is the largest provider of financial assistance to Cambodia for agriculture and irrigation development in the last three years, Cambodia’s Minister of Finance Keat Chhon said on Tuesday. Since 2010 to date, he said, Cambodia has received a total loan of $561 million and a ...

http://www.chinadaily.com.cn/business/2012-07/17/content_15591814.htm

Men Sarun to export canned noodles to the US and ASEAN

The producer of Mee Yeung instant noodles is set to expand its business by investing US$1 million in equipment to produce noodles for export, said a company official. The new machines will be delivered from China and will be able to produce 6,000 cases or ...

http://www.phnompenhpost.com/index.php/2012071657432/Business/men-sarun-to-export-canned-noodles-to-the-us-and-asean.html

Fishermen repatriated in growing numbers

Five Cambodian workers rescued from slave-like conditions on a fishing vessel at a port in Senegal were repatriated last Thursday. Cambodia has rescued seven labourers from Senegal, four from South Africa and five from China this year, said Huy Pichsovann ...

http://www.phnompenhpost.com/index.php/2012071657440/National-news/fishermen-repatriated-in-growing-numbers.html

Did Clinton Draw Parallel With China in Discussing US Aid?

Outlining America’s position on territorial disputes between Asean members and China over the South China Sea, U.S. Secretary of State Hillary Clinton on Thursday also expressed views on a matter a little closer to home: the benefits Cambodia gains from U.S. development assistance. Speaking to reporters ...

Cambodia Criticized for Asean Meeting Failure

The “one community, one destiny” motto Cambodia adopted when it took over the rotating chairmanship of Asean this year could not have sounded more hollow as it did Friday when the 10-member bloc failed to produce a joint closing statement for the first time in ...

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