ព័ត៌មាន​

Tensions cause drop in ASEAN imports

Tensions with Thailand led to a 10-percent decline in imports from ASEAN members during the first six months of 2011, though Cambodia’s exports to the bloc nearly doubled, according to officials. Cambodia imported US$810.9 million during the six-month period compared to $904.9 million during the period ...

http://www.phnompenhpost.com/index.php/2011083151356/Business/tensions-cause-drop-in-asean-imports.html

Oil dispute flares up

Secret meetings between high-ranking Thai and Cambodian officials to solve the demarcation of disputed offshore petroleum resources took place during the administration of Thai Prime Minister Abhisit Vejjajiva, the Cambodian National Petroleum Authority revealed yesterday.  In a statement some commentators described as “coordinated attack” by ...

http://www.phnompenhpost.com/index.php/2011083151353/Business/oil-dispute-flares-up.html

Foreign Ministry is ready to talk with Cambodia over overlapping sea area

Bangkok–Secretary General to the Foreign Minister Mr. Nawin Boonsert said the negotiation over the overlapping sea area between Thailand and Cambodia would be clarified once the Cabinet was clear on its agenda. Following Cambodia’s Petroleum Organization expressing intention to clarify the demarcation points in the sea ...

http://www.pattayamail.com/news/foreign-ministry-is-ready-to-talk-with-cambodia-over-overlapping-sea-area-5963

Cambodia Welcomes Thai Talks Over Waters

Cambodia’s petroleum authority yesterday announced that it would like to renew discussion with Thailand in order to find a solution over disputed waters in the Gulf of Thailand widely believed to hold large quantities of oil and gas. Negotiations over how to split revenue from ...

Thai trade fair pushed back to 2012

The postponed 2nd Thailand Trade Exhibition 2011 will not be reorganised this year due to budget restrictions, according to Jiranan Wongmongkol, commercial counsellor based at the Thai embassy in Phnom Penh. The trade fair was originally scheduled for May 19 to 22 at Phnom Penh’s ...

http://www.phnompenhpost.com/index.php/2011082951328/Business/thai-trade-fair-pushed-back-to-2012.html

Temple visits slow after clash

Tourists are still wary about travelling to Preah Vihear temple following border clashes in the area earlier this year, according to provincial officials. Visitor numbers had declined 15.5 per cent during the first seven months compared year on year, but had slowly begun rising in ...

http://www.phnompenhpost.com/index.php/2011082651273/Business/temple-visits-slow-after-clash.html

National Carrier to Start Siem Reap-S’ville Flights

Cambodia Angkor Air will launch a regular flight service between Siem Reap and Sihanoukville by the end of the year, an official at the Council of Ministers said yesterday. There are currently no flights to Sihanoukville, the country’s premier coastal resort, even though the airport ...

Agreement Inked on Trade Loans in Cambodia

The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-Asean Trade and Investment Framework Arrangement, ...

http://www.camnet.com.kh/cambodia.daily/

China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia

The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...

http://thesoutheastasiaweekly.com/

Talks Urged for Disputed Oil Zone

Energy planners are pushing the revival of talks with Cambodia on the oil-rich overlapping claims area (OCA) between the two countries to ensure energy security. They also urge all parties not to turn it into a political issue so that the talks stand a chance ...

http://www.bangkokpost.com/business/economics/253345/talks-urged-for-disputed-oil-zone

U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees

PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...

http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm

Exports Increase 45.9% in First Six Months

Cambodian exports increased 45.9 percent to $2.15 billion in the first six months of the year compared to the same period in 2010, according to figures released by the Ministry of Commerce yesterday. Of the total value of exports, 80 percent, or $1.74 billion, were ...

http://www.camnet.com.kh/cambodia.daily/

Food Imports See Big Jump

CAMBODIA’S total food and beverage imports jumped 28 percent year-on-year through June to US$74 million, as domestic demand continued to outpace the Kingdom’s production capacity. The demand comes as Cambodia’s economy regains momentum following the global financial crisis, said officials at the Ministry of Commerce, ...

http://www.phnompenhpost.com/index.php/2011082351201/Business/food-imports-see-big-jump.html

Danish Firm Opens Warehouse in Capital

DANISH logistic giant Damco has opened a 6,000-square-metre warehouse facility in Phnom Penh in response to the Kingdom’s growing importance as an emerging market, the company said in a statement. Damco Company (Cambodia), which is part of international conglomerate AP Moller-Maersk Group, said manufacturers have increasingly ...

The New Asian Century

With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...

http://www.etmcambodia.com/

Asean to forge ahead through global crises

Southeast Asia needs to push ahead with a regional free trade bloc and policies to cope with global financial crises, Indonesia’s government said yesterday. Indonesia’s Vice President Boediono, addressing trade ministers from the Association of Southeast Asian Nations (ASEAN), said it was evident since the ...

http://www.phnompenhpost.com/

Exports Rise, but Value of Goods Remains Weak

Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...

http://www.camnet.com.kh/cambodia.daily/

(English) Mekong environment ministers talk on sustainable economic development

Cambodia on July 28th hosted the 3rd Greater Mekong Sub- Region Environment Ministers to look forward to sustainable economic development in the region and to talk about current projects to reduce harm for regions and also to minimize several environmental challenges affecting natural resources, forest and ...

(Khem Sovannara and Chhorng Long Heng, p 7)
http://thesoutheastasiaweekly.com/?p=1289

Damning revelations

An environmental group has accused the Lao government of “unilaterally” pushing forward with construction on the controversial US$3.8 billion Xayaburi dam on the Mekong River, despite serious concerns about the project and an incomplete regional decision-making process.  In a statement released yesterday,  conservation group International ...

http://www.phnompenhpost.com/index.php/2011080550883/National-news/damning-revelations.html

Chevron talks oil production

Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President Steve Glick, who has been in his present role in Phnom Penh for about ...

http://www.phnompenhpost.com/index.php/2011080450868/Business/chevron-talks-oil-production.html

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