News

Cambodia and China, on June 13th, inked an agreement to strengthen their ties and showed they have become comprehensive strategic partners as ties between the two countries boosts bilateral trade to reach a level of 5 billion US dollars by 2017. Eang Sophallet, an assistant to Samdech Prime Minister Hun Sen, told media that ...

In 2012, the number of phone users in Cambodia would stand at about 17.56 million and by 2015, about 21.31 million. And internet users in 2012 will reach to 1,739,618 by 2015, an increase of 1.89 million, His Excellency, Sarak Khansaid. ...

CIMB Bank plc, which aims to be among the top 10 banks in Cambodia over the next five years, is targeting more than US$100mil (RM317mil ) in deposits and US$90mil (RM285mil) in total loan size by year-end. Its deputy general manager and head of commercial banking ...

Poipet – Thailand and Cambodia on Thursday launched direct bus services linking Bangkok and Phnom Penh via the Aranyaprathet-Poipet border crossing, aiming to cut transportation costs, MOCT reported on June 15. Transport Minister Jarupong Ruangsuwan and Cambodian Public Works and Transport Minister Tram Iv Tek and representatives of the Asian Development Bank (ADB) co-presided at the ...

Cambodia so far has not feared for creating ASEAN economic community 2015 and deeper ASEAN and East Asia regional integration as the region will have free flow of goods, worker mobilization, finance and investment,” trade minister Cham Prasidh said on June 12. His announcement was made during the workshop of ASEAN economic community 2015. “We ...

More than 100 Cambodian migrant workers were discovered in rented houses this week near Rong Kleu market in Thailand’s Sakaeo province, officials said yesterday. Banteay Meanchey provincial spokesman Ouk Keo Ratanak said Thai authorites found the workers on Wednesday crammed into two houses, and sent them ...

A delegation of Chinese officials yesterday donated two airplanes and signed an agreement to provide Cambodia with loans for a new hydropower dam in Battambang and the renovation of two national roads. The deals were made during a meeting in Phnom Penh between He Guoqiang, a ...

Cambodia was in discussions with the Chinese government on funding for a 250-kilometre stretch of rail line between Phnom Penh and Vietnam, in what Cambodian officials yesterday called a move away from a “complicated” Asian Development Bank loan. Va Sim Sorya, director general at the Ministry ...

DUBAI: Saudi Arabia media reported that the country would soon begin to receive maids from both Cambodia and Vietnam, but Cambodia has denied the reports, saying they have no intention of sending maids to anywhere in the Middle East and Arab world. ...

Both the government and the Association of Cambodian Recruitment Agencies yesterday denied media reports that Cambodia and Vietnam will provide domestic workers to Saudi Arabia. Citing Saudi Arabian newspapers, the news website Emirates 24/7 reported yesterday that Cambodia and Vietnam had agreed to send maids to ...

China treasured its traditional friendship with Cambodia, and would take strategic approaches to step up the bilateral cooperation to a new height, visiting senior leader of the Communist Party of China He Guoqiang said here on Tuesday. In his meeting with Heng Samrin, He spoke ...

“Two-way trade volume between Cambodia and Japan reached over $513 million in 2011 and it will be expected to increase further for 2012, a senior official from JETRO (Japan External Trade Organization) here said on Friday. Kiyotaka Doho said: Japan’s exporting to Cambodia was worth about $205,430,000 and it was increased about 129.8% for year-on-year. And ...

Loans and deposits at Cambodia’s 31 commercial banks grew 35 percent and 25 percent respectively in the first quarter of the year, according to the National Bank of Cambodia ...

Real wages for Cambodia’s semi-skilled construction workers fell during the past five years, according to a recent report from market research firm BDLINK Cambodia. A 36 per cent increase in the Kingdom’s consumer price index during the period put semi-skilled workers’ real wages last year ...

Industrialists have raised concerns that the higher minimum wage is a key factor driving many labour-intensive manufacturers to relocate to less developed neighbouring countries. At a seminar on investment strategy in Cambodia, Laos, Myanmar and Vietnam held yesterday by the Board of Investment of Thailand (BOI) ...

Passenger traffic at Cambodia’s three main airports climbed by 21.8 per cent during the year to date compared to the same period last year, according to data released yesterday by Cambodia Airports. ...

The falling price of gold on international markets is leading to high sales of the precious metal in Cambodia as consumers fear prices could continue to tumble, gold traders said yesterday. Gold on the international market traded at $1,632.90 per troy ounce in New York yesterday ...

The number of visitors to Cambodia increased 27 percent to 1.27 million people in the first four months of the year compared to the same period last year, according to figures released yesterday by the Ministry of Tourism. Kong Sopheareak, director of the tourism statistics department, ...

No ground was broken in May on the New Siem Reap International Airport (NSRIA), a US$1 billion Korean investment, and officials say no definite date has been set for work on the project as the developer looks for new partners. NSRIA Co Ltd, an equal joint ...

Opposition lawmaker Mu Sochua departed for the U.S. yesterday in hopes of pressuring Washington into suspending all military aid to Cambodia over the government’s use of soldiers to defend the land holdings of powerful business families. “We have enough evidence that soldiers are providing protection to ...

While observers yesterday accused the government of censorship for ordering radio stations not to transmit international broadcasters over the election weekend, a government spokesman defended the move. On Sunday, a Ministry of Information official said the ministry had ordered local F.M. stations not to transmit Voice ...

Dr. Tim Killeen, author of The Cardamom Conundrum, Reconciling Development and Conservation in the Kingdom of Cambodia, discusses his recently released book, which argues that Cambodia is well positioned to reap the benefits of ‘green development’. Why did you select the Cardamom Mountains as the area ...

Hermann Otto Solms, vice president of the German Bundestag, the lower house of parliament, Monday pledged to encourage German investors and tourists to Cambodia in order to cement the bi-lateral ties. Hermann made his remarks during a meeting with Cambodian Prime Minister Hun Sen at the ...

Cambodia and the United States on Friday reconfirmed the good bilateral ties as president Barack Obama plans to visit Cambodia in November and this year, Cambodia chairs ASEAN. The two sides welcomed the improved ties between Cambodia and America, Koy Kuong, spokesman at the Ministry of Foreign Affairs and International Cooperation said ...