News

British Minister kicks off SE Asia tour in Cambodia

Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ

Visas on Myanmar agenda

In a move to facilitate a more unencumbered travel experience in the region, Cambodia, Myanmar, Indonesia and the Philippines plan to develop a mutually beneficial system that would allow tourists to enter the four countries with one single visa. Collaborating with relevant government agencies and stakeholders, ...

http://www.phnompenhpost.com/2013060666095/Business/visas-on-myanmar-agenda.html

Group Lease eyes Laos, Vietnam markets

Group Lease Plc (GL), the SET-listed motorcycle leasing firm, is planning to expand into Laos and Vietnam next year after a successful move into Cambodia last year. Mitsuji Konoshita, the chairman and chief executive, said both Laos and Vietnam are promising markets, while the company ...

http://www.bangkokpost.com/business/financialadvice/340373/group-lease-eyes-laos-vietnam-markets

Multiple Skills Needed To Compete in a Future Asean, Economist Says

Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...

http://www.voacambodia.com/content/multiple-skills-needed-for-asean-competition/1603984.html

Cambodia to boast its first tractor factory

Cambodia will soon boast its first tractor assembly plant, with operations expected to begin by the third quarter of this year. The one-hectare plant, in Phnom Penh’s Por Sen Chey district, is a joint venture by Belarus-based Minsk Tractor Works, one of the world’s biggest tractor producers, ...

http://www.phnompenhpost.com/2013020461165/Business/cambodia-to-boast-its-first-tractor-factory.html

Policy aims to boost science and technology

A national policy on science, technology and innovation is being drafted to boost Cambodia’s development in the competitive field, as the Kingdom endeavours to catch up with its regional neighbours and internationally. Officials met for the first-ever consultation workshop yesterday to draft a national policy document ...

http://www.phnompenhpost.com/2013020161115/Business/policy-aims-to-boost-science-and-technology.html

Two million tourists from China by 2020: official

Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...

http://www.phnompenhpost.com/2013012360934/Business/two-million-tourists-from-china-by-2020-official.html

OSK Investment Bank and RHB Capital merge

OSK Investment Bank Berhad (OSKIB), the parent company of OSK Indochina Bank Limited (OSKIBL), has become a wholly owned subsidiary of the Malaysia-based financial services group RHB Capital Berhad (RHB Capital), effective from November 9. ...

http://www.phnompenhpost.com

Regional Workers Need More Protection, Advocate Says

With Thailand threatening to oust undocumented workers, Asean must do more as a region to protect its migrant workers, a leading rights advocate says. More and more workers are crossing the borders between Asean countries, and the region looking to lower trade barriers, so workers need ...

http://www.voacambodia.com/content/regional-workers-need-more-protection-advocate-says/1574026.html

6.7% growth forecast for Cambodia

Cambodia is projected to have the second fastest-growing economy in Southeast Asia over the next two years, the World Bank said in a regional economic update last week. Gross domestic product is forecast to expand 6.7 per cent next year and 7 percent in 2014. That ...

http://www.nationmultimedia.com/aec/6-7%C2%A0rowth-forecast-for-Cambodia-30196729.html

Cambodia calls for deeper East Asian financial cooperation

Cambodia called Monday for the further deepening of ASEAN’s financial cooperation with China, Japan and South Korea. According to a paper circulating at a gathering of leaders to mark 15 years of cooperation between the 13 countries, so-called ASEAN+3 financial cooperation has “achieved many solid outcomes” ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWJiZTczMjAyZmJjMGZlNzhjM2FiMGQwZjUzN2M2

PM urges migrant protection

Some 285 million workers will migrate for employment when ASEAN countries open their borders to each other in 2015, Prime Minister Hun Sen predicted yesterday, as he urged speedier regional legislative action to ensure they could travel safely. At an ASEAN Socio-Cultural Community Council meeting, the premier warned ...

http://www.phnompenhpost.com/index.php/2012102659423/National-news/pm-urges-migrant-protection.html

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