News

Southeast Asian nations displayed a rare show of unity on Sunday against China’s sweeping maritime claims, calling for the first formal talks with Beijing over a sea dispute that has raised tensions and exposed deep divisions in the region. As Chinese Premier Wen Jiabao arrived in ...

Fishing vessels registered in the Philippines, Indonesia and Cambodia have been filmed “laundering” illegally caught tuna, environment activist group Greenpeace International said Thursday. Two Indonesian vessels and one Philippine ship were transferring their hauls on to the Cambodian boat so that the location of their catches ...

When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...

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 ...

Community representatives from Indonesia and the Philippines warned Cambodia yesterday of the potential human cost that an influx of mining companies could bring to the country. As private companies scour the land for minerals, with some set to begin extraction within a few years, Cambodia could ...

The SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand’s largest private power producer, is to delay the purchase of a coal mine in Indonesia, as the global coal price has dropped sharply. Ratch had planned to acquire a mine to serve its new coal-fired power plants ...

Cambodian authorities have disrupted several events held by nongovernmental organizations and have threatened to arrest anyone holding protests ahead of sensitive regional summits to be held in the capital Phnom Penh, rights groups said Wednesday. The Independent Democracy of Informal Economic Association (IDEA) said authorities in ...

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 ...

On his first foreign trip since Tuesday’s election, US President Barack Obama is planning a historic visit to encourage reforms in Myanmar – seen as a key success during his first term – and he’ll also go to Thailand and Cambodia. Secretary of State Hillary Clinton ...

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 ...

An Indonesian trade delegation is scheduled to visit Cambodia this month to finalize a trade deal that could see up to 100,000 tons of rice exported to Indonesia each year, Thon Virak, director general of state-owned rice exporter Green Trade Co., said on Friday. “Indonesia wants ...

Indonesia will import 100,000 tons of rice from Cambodia next month, Trade Ministry director general for foreign trade Deddy Saleh has said. The importation is a follow up from a joint trade agreement signed in August this year. “For the first batch, we will import 100,000 tons ...

Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement ...

Trading company Galuh Prabu Trijaya is closing in on a deal with Cambodia that could boost sales of Indonesian fertilizer and agricultural machinery by $1.5 billion over five years. The deal would double Indonesia’s annual exports to the Mekong country, as the largest economy in Southeast ...

Economic growth in the East Asia and Pacific region – covering 14 countries, including Thailand – may slow by a full percentage point to 7.2 per cent this year, before recovering to 7.6 per cent next year, according to a World Bank report Excluding China, the ...

Cambodia’s aromatic variety of jasmine rice was awarded top prize at the Rice Trader World Rice Conference in Bali, Indonesia, last month Cambodia is now seeking to expand its exports of its jasmine rice and other varieties. Ung Chhengsear, a representative of Cambodian rice export company Lor ...

Under dazzling white strip-lights, a production line of young Cambodians stitch, iron and fold their way to the day’s target of 820 two-piece children’s pajamas. These garments are destined for the shelves of Los Angeles, shop price $9.97. The workers, mostly women, start at 7:30 ...

TALKS are under way to bring in Cambodian maids to help offset the shortfall in domestic workers from Indonesia. The Ministry of Manpower (MOM) is looking to make Cambodia an approved source country for domestic workers in Singapore and will make a decision soon. Association of Employment ...

Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...

China is encouraged by growing cooperation with Asean countries and hopes to see even more development in China-Asean trade to generate benefits for both sides. Under the China-Asean Free Trade Agreement (Cafta) that went into effect on Jan 1, 2010, more than 7,000 products are now ...

Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic ...

Natural rubber (NR) production in Association of Natural Rubber Producing Countries (ANRPC) this year is set to rise by 4.9% to 10.83 million tonnes from 10.33 million tonnes in 2011 The members of ANRPC are Thailand, Indonesia, Malaysia, Vietnam, Cambodia, India, China, Papua New Guinea, the ...

Commerce Minister Cham Prasidh yesterday signed an agreement with Indonesia’s Trade Minister Gita Wijrawan to export 100,000 tons of milled rice to Indonesia every year, officials said. Although the details-such as when the exports will begin and where the rice will be sourced-have yet to be ...

Cambodia has signed a memorandum of understanding (MoU) yesterday to export 100,000 tonnes of rice per year to Indonesia. Senior Cambodian officials hope the MoU will be the impetus for attracting more investments from other ASEAN member states. The MoU was signed between Cambodia’s Minister of ...