News
Study reveals extent of Mekong dam food security threat
The planned construction of hydropowered dams on the Mekong River in South-East Asia could jeopardise livelihoods, water access and food security for 60 million people, across Cambodia, Laos, Thailand and Vietnam, according to a study. The study reports that dams will block fish migration routes and ...
Latex exports rise, revenues fall
Cambodia’s total rubber latex exports rose by 12 per cent in the first nine months of this year, according to new figures. However, revenues from the exports saw a dramatic 27 per cent decrease due to a fall in rubber prices in the international market, ...
http://www.phnompenhpost.com/index.php/2012112959998/Business/latex-exports-rise-revenues-fall.html
Electricity Vietnam No Longer Involved in Lower Sesan 2 Dam
Electricity Vietnam International (EVNI), a subsidiary of Vietnam’s state-owned electricity giant EVN, is no longer involved in the Lower Sesan 2 dam, a Vietnamese Embassy official confirmed yesterday. Cambodian conglomerate Royal Group and China’s Hydrolancang International Energy Co. Ltd. on Monday signed an agreement in Phnom ...
http://www.cambodiadaily.com/news/electricity-vietnam-no-longer-involved-in-lower-sesan-2-dam-6363/
Chinese sign deal on dam, villagers fear flooding
The massive and highly controversial Lower Sesan 2 Dam project took a major step forward yesterday with the inking of government power purchase agreements and an investment deal between Royal Group and a Chinese company. But details about the contracts, their implementation or the fate of ...
Rare hardwood sparks gunfights, corruption in Asia
KOH KONG, CAMBODIA — A Thai force dubbed the “Rambo Army” couldn’t stop the gangs, armed with battlefield weaponry, as they scoured the forests. Neither could a brave activist, gunned down when he came to investigate. Nor, apparently, can governments across Southeast Asia. The root of the ...
http://www.bradenton.com/2012/11/24/4291081/rare-hardwood-sparks-gunfights.html
PM Hun Sen lavishes praise on China
In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...
Cambodia inaugurates China-funded road in eastern part
Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...
Joint visa for Thailand and Cambodia in limbo
Despite the fact that the Chairman’s Statement of the recently wrapped 21st ASEAN Summit welcomed progress on regional “connectivity”, a long-awaited joint visa for Thailand and Cambodia remains stalled. Koy Kuong, spokesman at the Ministry of Foreign Affairs said yesterday that there is still no progress ...
Cambodians wanted more from Obama
He came, he said nothing, he left. Publicly at least, President Barack Obama, the first US head of state to visit the Kingdom, uttered not a single word to the Cambodian people, although many have noted that he was extremely pressed for time. Cambodians, from the ...
Regional Comprehensive Economic Partnership to create huge market
Cambodia’s ASEAN economic minister said the official launch of the negotiations for the Regional Comprehensive Economic Partnership (RCEP) will lead to potentially forming the biggest single market in the region and is much bigger than the traditional markets of the US and the EU. An economist ...
Hun Sen Announces Talks to Begin on Huge Free Trade Zone
A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...
Asean Seeks To Downplay Row Over South China Sea
The president of the Philippines, a major Asean claimant to portions of the South China Sea, says the country wants the right to solve its problems on the world stage. But Asean leaders on Tuesday sought to downplay his remarks and said they did not ...
http://www.voacambodia.com/content/asean-seeks-to-downplay-row-over-south-china-sea/1549839.html
Japanese Investment in Cambodia Grows, but Hurdles Remain
Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...
http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/
Key joins Asian free trade talks
Prime Minister John Key has joined a launch of Asian free trade talks – but made it clear he favours a US-backed deal. The East Asian Summit wrapped up in Phnom Penh yesterday with Asian leaders formally announcing a start to negotiations towards a Regional Comprehensive ...
http://www.stuff.co.nz/business/7978019/Key-joins-Asian-free-trade-talks
US-Asean Meeting Addresses Economic, Security Cooperation
At the U.S.-Asean meeting at the Peace Palace in Phnom Penh yesterday, the U.S. and the 10 Asean member nations agreed to further their cooperation in all areas, including security to ensure peace in the region. ...
Manila at odds with Hun Sen over sea rows
Asean leaders yesterday failed again to form a common front towards geo-political disputes with China over the South China Sea as the Philippines vowed to continue shouting while Cambodia tried to contain discussions to the two immediate sides. The 10-member Association of Southeast Asian Nations hoped ...
http://www.nationmultimedia.com/national/Manila-at-odds-with-Hun-Sen-over-sea-rows-30194671.html
Obama Presses Hun Sen on Human Rights
U.S. President Barack Obama pressed Prime Minister Hun Sen on the government’s human rights record during a closed-door meeting between the two leaders in Phnom Penh yesterday, calling for fair elections and the release of all political prisoners. In the first visit to Cambodia by a ...
http://www.cambodiadaily.com/news/obama-presses-hun-sen-on-human-rights-record-6174/
Beijing supports Asian free-trade area
Premier Wen Jiabao said on Monday China supports pushing forward an Asian free-trade area, which will cover 28 percent of world’s total export volume. Previous reports said China is expected to make announcements on Tuesday in Phnom Penh that it will join the talks for the ...
http://www.chinadaily.com.cn/china/2012-11/20/content_15942795.htm
Weaving woes -Cambodia’s silk sector faces possible extinction as economic realities force artisans to abandon the craft
In the not-so-distant past, visitors to Koh Dach, an island in the Mekong River about 15 kilometers outside of Phnom Penh, were often struck by the sound as well as the sights that met them there. Among the many crafts on display by local artisans, ...
Bank of China launches dual currency ATM card
The Bank of China launched the first dual currency international bank card yesterday, part of a move to expand in the local market by offering both US dollar and Renminbi accounts on a single card. People can get the card for a deposit of US$10 at ...
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” ...
Wen says China-Cambodia relations good example of friendly neighboring ties
Visiting Chinese Premier Wen Jiabao said here Sunday that the relationship between China and Cambodia has set a good example of friendly ties between neighboring countries. Wen made the remarks during a meeting with Cambodian Prime Minister Hun Sen. The comprehensive strategic partnership of cooperation between China ...
http://news.xinhuanet.com/english/china/2012-11/19/c_123967041.htm
ASEAN+3 leaders meet in Cambodia to chart future cooperation
The ASEAN+3 (China, Japan and South Korea) Summit was held here on Monday to discuss measures and actions to further enhance cooperation in the future. The Summit was made between the leaders of the ten-country ASEAN led by Cambodian Prime Minister Hun Sen and the leaders ...
http://news.xinhuanet.com/english/china/2012-11/19/c_131984651.htm
Gillard talks trade in Cambodia
PRIME Minister Julia Gillard is aiming for an ambitious trade agreement that not only covers ASEAN and its neighbours but leaves the door open for other entrants. Ms Gillard arrived in the Cambodian capital Phnom Penh on Monday for the East Asia Summit, which is set ...