ព័ត៌មាន
The Asian Development Bank marks 20 years in Cambodia
The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...
Corruption targeted by $2.5 million program
Transparency International Cambodia is set to step up its presence in the Kingdom with the launch of a $2.5 million three-year program to monitor and record corruption. On a scale of zero (highly corrupt) to 10 (very clean), Cambodia ranks 2.1, according to the organisation, ...
Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/
Asean Leaders See Economic Integration as Important
Asean leaders Tuesday discussed the importance of expanding economic opportunity for the region, vowing to increase efforts for better trade and investment amid members states and with the US. Surin Pitsuwan, secretary-general of Asean, said “more and more” was expected of Asean today. “So it is ...
http://www.voacambodia.com/content/asean-leaders-see-economic-integration-as-important/1549856.html
Sihanoukville eviction on hold
The Preah Sihanouk Provincial Court delayed the destruction of the homes and subsequent eviction of 14 families embroiled in a land dispute with a company owned by tycoon Kong Treav in Village 4 of Sihanoukville’s Commune 4, local authorities said yesterday. Though many of the families ...
Key joins Asian free trade talks
Prime Minister John Key has joined a launch of Asian free trade talks – but made it clear he favours a US-backed deal. The East Asian Summit wrapped up in Phnom Penh yesterday with Asian leaders formally announcing a start to negotiations towards a Regional Comprehensive ...
http://www.stuff.co.nz/business/7978019/Key-joins-Asian-free-trade-talks
Bilateral Talks, and Their Two Interpretations
Two polarizing narratives emerged after the Monday night discussion between U.S. President Barack Obama and Prime Minister Hun Sen, with the U.S. claiming it had been “tense,” while Cambodia insisted the talks were cordial. When it came to agenda, Mr. Obama put human rights, electoral and ...
Officials ignore call for special small and medium enterprises bank
Cambodian officials have refused to establish a specialised bank for small and medium enterprises (SMEs) despite experts saying the sector needs aid in order to compete efficiently with ASEAN economic integration in 2015. Hang Chounnaron, secretary of the Ministry of Economy and Finance said Cambodia would ...
US-Asean Meeting Addresses Economic, Security Cooperation
At the U.S.-Asean meeting at the Peace Palace in Phnom Penh yesterday, the U.S. and the 10 Asean member nations agreed to further their cooperation in all areas, including security to ensure peace in the region. ...
Grouping urged to work together for 2015 integration
The secretary-general of the Council for the Development of Cambodia (CDC) called on Asean member states to work collectively towards achieving the Asean Economic Community by 2015. Sok Chenda Sophea, who chaired the 2nd Asean Investment Forum (AIF) held in Phnom Penh, said Asean members must ...
http://www.nationmultimedia.com/aec/Grouping-urged-to-work-together-for-2015-integrati-30194612.html
Acleda to Launch Banking Services in Burma
Acleda Bank announced on Sunday that it will expand its banking services into Burma by opening a microfinance institute there in January. ...
Criticism Continues of Shortcomings in Asean Rights Declaration
Criticism continued yesterday of the Asean Human Rights Declaration, which was signed in Phnom Penh on Saturday after regional leaders decided to make last-minute revisions that were widely deemed as inadequate. U.N. experts ans civil society groups criticized the lack of consultation in drawing up the ...
Manila at odds with Hun Sen over sea rows
Asean leaders yesterday failed again to form a common front towards geo-political disputes with China over the South China Sea as the Philippines vowed to continue shouting while Cambodia tried to contain discussions to the two immediate sides. The 10-member Association of Southeast Asian Nations hoped ...
http://www.nationmultimedia.com/national/Manila-at-odds-with-Hun-Sen-over-sea-rows-30194671.html
Asean Agrees to Promote Free Flow of Labor
Economic ministers from Asean’s 10 member states signed an agreement yesterday to loosen restrictions around the movement of skilled labor in the region, part of preparation for the integration of the Asean Economic Community in 2015. The Asean Movement of Natural Persons Agreement is supposed to ...
Cambodian, U.S. leaders hold talks on old debt, human rights
Cambodian Prime Minister Hun Sen and visiting U.S. President Barack Obama met here on Monday to discuss a number of issues including old debt, human rights, democracy and forced evictions in Cambodia, a senior Cambodian official said. Hun Sen also raised the issue of old ...
http://news.xinhuanet.com/english/world/2012-11/20/c_123972558.htm
Trade, Investment Focus Of Asean-India Summit
With political and cultural ties between India and Southeast Asia already strong, economic issues were the focus of the 10th Asean-India Summit at the Peace Palace yesterday in Phnom Penh, the India ambassador to Cambodia said. ...
Land dispute back in court
Seven representatives of 415 families entangled in an unresolved land dispute with a deputy commander of the Royal Cambodian Armed Forces have received a second summons to appear in Battambang Provincial Court to clarify accusations that they had vandalized the commander’s property, “They not only ...
http://www.phnompenhpost.com/index.php/2012112059821/National-news/land-dispute-back-in-court.html
Obama Presses Hun Sen on Human Rights
U.S. President Barack Obama pressed Prime Minister Hun Sen on the government’s human rights record during a closed-door meeting between the two leaders in Phnom Penh yesterday, calling for fair elections and the release of all political prisoners. In the first visit to Cambodia by a ...
http://www.cambodiadaily.com/news/obama-presses-hun-sen-on-human-rights-record-6174/
Beijing supports Asian free-trade area
Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...
http://www.chinadaily.com.cn/china/2012-11/20/content_15942795.htm
Movement on migrant Memorandum of Understanding
A migrant worker Memorandum of Understanding (MoU) is back in the spotlight after Malaysia yesterday agreed to send a delegation of senior government officials to meet with their Cambodian counterparts tomorrow and Thursday. MoU talks are of mounting importance in the face of escalating evidence of ...
http://www.phnompenhpost.com/index.php/2012112059823/National-news/movement-on-migrant-mou.html
Coca-Cola, Smart Mobile again team up for top-ups
Coca-cola and Smart Mobile have teamed up in a joint promotion to give away $1 million worth of prizes, including top-up minutes and 25 Samsung Galaxy S3 smartphones using numbers printed under bottle caps of Coca-Cola, Fanta and Sprite. The promotion started on November 1 ...
Pregnancy terminated in bid to regain old job
A woman fired from the Conpress Holding garment factory last week said she terminated her pregnancy of three months on Sunday in a desperate bid to gain reinstatement for herself and three other workers fired last week for unionising. Huk Pov, Free Trade Union president ...
Envoy hopeful of more direct flights from Phl to Cambodia
The Philippine ambassador in Cambodia is confident there will be more direct flights between the two Asian countries, apart from the current Manila-Siem Reap route, which is six hours away by land from this capital. Ambassador Noe Wong expressed optimism there will be another memorandum of ...
http://www.philstar.com/headlines/2012/11/19/868375/envoy-hopeful-more-direct-flights-phl-cambodia
Weaving woes -Cambodia’s silk sector faces possible extinction as economic realities force artisans to abandon the craft
In the not-so-distant past, visitors to Koh Dach, an island in the Mekong River about 15 kilometers outside of Phnom Penh, were often struck by the sound as well as the sights that met them there. Among the many crafts on display by local artisans, ...