News

Cambodia arrests 8 for painting ‘SOS,’ plastering rooftops with Obama’s picture seeking help

One thing President Barack Obama will not see in Cambodia is pleas for help painted on rooftops near the airport. Authorities on Thursday arrested eight villagers who had hoped to attract the attention of Air Force One by plastering the U.S. president’s picture on their rooftops ...

http://www.washingtonpost.com/world/asia_pacific/cambodia-arrests-8-for-painting-sos-plastering-rooftops-with-obamas-picture-seeking-help/2012/11/15/381890ce-2ef7-11e2-b631-2aad9d9c73ac_story.html

Forum talks up CLV development triangle

A Dak Lak province business forum late last week discussed measures to further promote investment in the Cambodia-Laos-Vietnam Development Triangle. About 300 delegates and guests from the three countries attended the forum, organised by the Vietnam’s Ministry of Planning and Investment (MPI), in partnership with Vietnam’s ...

http://english.vietnamnet.vn/fms/business/52545/business-in-brief-15-11.html

Merit in rice trade plan

The cabinet on Tuesday approved a proposal allowing the Commerce Ministry to form a rice trade partnership with Asean’s four other rice-producing countries, namely Vietnam, Laos, Cambodia and Myanmar, to stabilise rice prices in the global market and to promote food security in the region. The ...

http://www.bangkokpost.com/news/local/321297/rice-trade-area-plan-has-merit

Hun Sen vows to intervene as dollar plunges to 3,888 riel

Cambodian Prime Minister Hun Sen said Wednesday that the government would intervene to stem the riel’s sharp rise against the US dollar in recent days. “The Cambodian riel has been rising for several days,” he told a land-distribution ceremony in Oral district in Kampong Speu province, ...

http://www.asianewsnet.net/home/news.php?sec=1&id=38887

Myanmar Airways flights to Cambodia to take off again

Myanmar Airways International (MAI) will resume its regular flights between Yangon and Cambodia’s two main international airports in early December after they were suspended for about three months. MAI started a twice-weekly schedule to Siem Reap in late February, but suspended the route over the last ...

http://www.phnompenhpost.com/index.php/2012111559748/Business/myanmar-airways-flights-to-cambodia-to-take-off-again.html

Printing industry growing in the region

The printing industry, especially for packaging, is growing in Cambodia and the region, participants at a trade event in Phnom Penh said on Monday. “It has certainly developed, the demand is slowly rising,” Karen Prager, business unit manager at Rieckermann Cambodia, told the Post. The Drupa ...

http://www.phnompenhpost.com/index.php/2012111559747/Business/printing-industry-growing-in-the-region.html

Before Obama visit, Cambodians clear streets -- or take to them

As Barack Obama prepares for the first visit by a United States president to Cambodia this month, the country is reportedly preparing for him too — by hiding street children from sight in Phnom Penh While the government has tidied its streets, protesters have begun camping ...

http://By Emily Alpert

Regus Opens in Cambodia, Expands Footprint to 99 Countries

Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ...

http://www.timescolonist.com/business/Regus+Opens+Cambodia+Expands+Footprint+Countries/7550616/story.html

Cambodia's Parliament Ratifies Conventions On Nuclear Safety

The National Assembly of Cambodia on Wednesday ratified two international conventions on Early Notification of a Nuclear Accident or Radiological Emergency and Nuclear Safety to maintain security and prevent nuclear proliferation. “Cambodia has neither nuclear power plant nor chemical weapon plant; Cambodia is a country ...

http://www.bernama.com.my/bernama/v6/newsindex.php?id=709118

Corruption Continues To Stymie Development, Transparency Advocate Says

Corruption remains a major impediment to Cambodia’s development, but the systemic practices associated with it can be curbed if the government takes serious action, a transparency advocate says. Preap Kol, executive director of Transparency International Cambodia, told VOA Khmer in a studio interview recently that Cambodia ...

http://www.voacambodia.com/content/corruption-continues-to-stymie-development-transparency-advocate-says/1545041.html

High hopes for regional pact

Businesses hailed the government’s planned rice trade partnership with Cambodia, Laos, Myanmar and Vietnam, but warned any effort to jointly fix prices would not be easy. Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said it would be great if Thailand could share information ...

http://www.bangkokpost.com/business/economics/321115/high-hopes-for-regional-pact

Trade Reached $11.17B In First Ten Months

Total trade in Cambodia reached $11.17 billion from January through October, an 18.1 percent increase compared to the same period last year, according to data released yesterday by the Ministry of Commerce. Khon Savuth, chief of statistics at the ministry’s Camcontrol department said that the ...

http://www.cambodiadaily.com

Thailand promoted as Asean insurance hub

The World Bank and Japan will promote Thailand as the insurance centre of the Association of Southeast Asian Nations (Asean) to help develop the industry in neighbouring countries and provide professional services to the more advanced economies. The move is also expected to upgrade the insurance ...

http://www.nationmultimedia.com/business/Kingdom-promoted-as-ASEAN-insurance-hub-30194268.html

Cambodian Economy Hurt by Land Evictions

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

http://www.cambodiadaily.com

Cambodia's oil imports rise

Cambodia imported approximately 1.2 billion tonnes of petroleum in the first nine months of the year, up 12.51 per cent from the 1.1 billion tonnes in the same period last year, statistics from the Ministry of Commerce showed last week. From January to September, Cambodia bought ...

http://www.phnompenhpost.com/index.php/2012111459729/Business/cambodias-oil-imports-rise.html

Southern provinces important to trade with Cambodia

More than 50 businesses from Vietnamese and Cambodian districts met in the Mekong Delta province of An Giang to discuss how to improve investment cooperation, expand the market and increase exports into Cambodia . According to Deputy Director of the Dong Nai provincial Department of Industry ...

http://english.vietnamnet.vn/fms/business/52377/business-in-brief-13-11.html

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