News

Japanses Police Arrest Ten for Defrauding Investors

Tokyo police arrested 10 Japanese nationals earlier this month for allegedly defrauding more than 1,000 investors out of $20 millions using fictitious investment projects in Cambodia, according to Japanese media reports. “The Metropolitan Police Department found no evidence that the amount of money raised was ...

http://www.cambodiadaily.com

Visa agreement gets delayed

DESPITE some reports, Cambodian officials said Cambodia and Thailand have not yet set a date for implementing the Irrawaddy-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) single visa. Koy Kuong, spokesman for the Ministry of Foreign Affairs and International Cooperation, said a single visa scheme for all five ...

http://www.phnompenhpost.com/index.php/2012111359702/Business/visa-agreement-gets-delayed.html

Insight: Land conflict, impunity dims Cambodia's awakening

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. ...

http://www.reuters.com/article/2012/11/12/us-cambodia-protests-idUSBRE8AB17J20121112

Cambodia Bourse Sees End to IPO Drought

Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...

http://online.wsj.com/article/SB10001424127887323894704578114560882515832.html?mod=googlenews_wsj

Ratings Agency Retains Stable Growth Outlook for Cambodia

Rating agency Standard & Poor’s (S&P) on Friday reaffirmed Cambodia’s long-term sovereign credit rating of “B” due to the country’s positive growth outlook, but again warned of risks related to the country’s narrow economic base. “Economic output growth is vulnerable due to the still large ...

http://www.cambodiadaily.com

Decorative plants are more popular than ever, but most are imported

Sar Botra has always liked gardening. The front yard of his house, an explosion of flowers and plants, makes it clear that he’s got a very green thumb. He used to spend a lot of time with his plants after work or on the weekends, ...

http://www.etmcambodia.com/viewarticles.php?articlesid=297

Cambodia's Tourism Slows

Cambodia’s Statistics and Tourist Information Department, Ministry of Tourism, reported arrivals increased 15.7% in September, the lowest growth rate so far for this year based on 242,747 visits during the month. The percentage increase for the nine-month period was pulled down from 24.5% at ...

http://www.ttrweekly.com/site/2012/11/cambodias-tourism-slows/

Vietnam asks Laos to review impacts of hydropower dam

Viet Nam has urged Laos to continue its research on the environmental impacts of the planned Xayaburi Dam on the Mekong River. Vietnamese Foreign Ministry spokesperson Luong Thanh Nghi made the statement at a regular press briefing in Ha Noi yesterday when answering a question ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OWVjODM0Y2U1ZWE2Y2UyMGNhN2YyOGFkNTU1NDkx

Cambodia has capacity to meet financial commitments

What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjYzNjA5ZjFjY2YyOWExZDBmMzQ0OWQwMGVhYzJi

Thailand, Cambodia ready to launch joint visa scheme

Thailand and Cambodia are ready to implement a single visa agreement, which would enable tourists to use only one visa for both countries from Nov 21, an immigration bureau chief says. The project comes under the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (Acmecs). Acmecs, which was initiated by ...

http://www.bangkokpost.com/news/local/320478/thailand-cambodia-ready-to-launch-joint-visa-scheme

Cheap Cambodian sand reaches city

The scarcity of sand in the city has forced construction companies to import sand mined from the Mekong River in Cambodia. A consignment of sand from Cambodia has already reached the city. More consignments are likely. The importers are likely to use the sand for ...

http://www.thehindu.com/news/cities/chennai/cheap-cambodian-sand-reaches-city/article4082209.ece

Pentagon chief to visit Australia, Thailand and Cambodia

US Defense Secretary Leon Panetta will travel to Australia, Thailand and Cambodia next week as part of America’s strategic tilt to the Asia-Pacific, even as crises in the Middle East demand the Pentagon’s attention and resources. In a week-long trip starting Sunday, Panetta will head to ...

http://www.google.com/hostednews/afp/article/ALeqM5jWNJePpRnywta8lKXUxKrxoOiPuQ?docId=CNG.ee28c0fdd8290a529972ce7a15db18ac.5b1

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