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Prime Minister Hun Sen has returned home from his trip to China a wealthier leader having secured upwards of US$2.5 billion in Chinese investment and loans over the next year alone, officials from the Ministry of Foreign Affairs said yesterday. The package includes a $2 billion ...
Hun Sen Asks Summit to Back UN Bid
Addressing the biggest international summit Iran has held in decades, Prime Minister Hun Sen on Thursday made a plea to the 120 nations belonging to the Non-aligned Movement (NAM) to support Cambodia in its quest for a non-permanent seat on the U.N. Security Council. There is ...
Disaster management officials prep for floods
The National Committee for Disaster Management was preparing to ensure end-of-season floods did not compound the woes caused by months of drought, officials said yesterday. To minimise the effects of flooding, the NCDM had sent a request to the Council of Ministers for 16,000 tonnes of food and ...
UN: Investing in Women Entrepreneurs & Business Leaders is Smart Economics
(UN ESCAP Strategic Communications and Advocacy Section)- “Investing in women’s entrepreneurial leadership, and the empowerment of women, is smart economics- which is why women’s empowerment is one of the most important development priorities for the countries of Asia and the Pacifc,” said Dr. Noeleen Heyzer, ...
UN Secretary General will visit Cambodia in November
UN Secretary-General Ban Ki-moon will visit Cambodia in November to attend the 21st ASEAN Summit and East Asia Summit, a senior UN official said here Thursday. Noeleen Heyzer, UN Under Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP), ...
UN: invest in women
Cambodia needed to invest in women to aid its development and integration into the ASEAN economic community, United Nations Under Secretary-General Noeleen Heyzer said yesterday. Heyzer, executive secretary of the Economic and Social Commission for Asia and the Pacific(ESCAP), met with Minister of Women’s Affairs Ing Kantha ...
http://www.phnompenhpost.com/index.php/2012082358228/Business/un-invest-in-cambodian-women.html
UN calls for more action to reduce the impact of floods
Cambodia has been rebuilding after recently being hit by devastating floods that affected over one million citizens. These sudden natural disasters are tough to predict but the United Nations believes that more needs to be done to limit their impact. The BBC’s correspondent in Cambodia, Guy De ...
Cambodia's new corporate darling
Industries such as tourism and garment production are booming. Mining is taking off and the Cambodian Stock Exchange (CSX) is finally up and running after a 10-month delay with Phnom Penh Water Supply (PPWS) its first listing. “PPWS is considered one of the best managed state ...
http://www.bangkokpost.com/business/economics/291098/cambodia-new-corporate-darling
World Bank fund halt irks officials
THE government expressed disappointment yesterday with the World Bank’s announcement that it had halted new country loans due to the ongoing land dispute at Boeung Kak lake in Phnom Penh and vowed to raise the issue with the bank’s executive board. “We are very dissatisfied ...
Length of Time Taken to Export Goods Declines
The time it takes to export goods has fallen 40 percent according to the UN. Southeast Asia has seen an improvement in the average time it takes for trade procedures to be completed, dropping to 19 days, though this is still three times longer than ...
Government Aims to Increase Silk Production
Cambodia’s Agriculture Ministry has announced plans to increase the annual production of silk from 4 tons to 400 tons by 2020. Cambodia primarily relies on silk from Vietnam and China. The project is entitled the Silk Rehabilitation Project and is funded by the UN Food ...
