News
Maid freeze wins support
Rights groups said yesterday a ban on sending Cambodian domestic workers to Malaysia – signed by the Prime Minister on Saturday – should not be lifted until both countries implemented measures to stop deaths, rapes, forced detainment and under-age recruitment in the labour sector. Groups including ...
http://www.phnompenhpost.com/index.php/2011101752160/National-news/maid-freeze-wins-support.html
Government suspends sending maids to Malaysia
Following repeated reports of abuse and illegal activity, Prime Minister Hun Sen on Friday ordered recruitment agencies to indefinitely stop sending Cambodian domestic workers to Malaysia, officials said Friday. Secretary of State for the Labor Ministry Oum Mean said that he had received unofficial information about ...
Cambodia hosts 3rd World Eco-Tourism Forum
Cambodia hosted the 3rd World Ecotourism Conference on October 3rd at the famous costal province—Preah Sihanouk—in an aim at developing the Asia Pacific region as a leading ecotourism destination. To celebrate the acceptance of the Cambodia costal zone (Preah Sihanouk Ville, Koh Kong, Kep and Kampot) ...
Government suspends Malaysia maids recruitment firm
Officials said yesterday that the government had suspended a recruitment agency in Kompong Chhnang province suspected of forcibly confining 45 women and that plans were underway to shut it down permanently. Police rescued the women, including 26 girls under the age of 18, who were training ...
Maid agency raid rescues 22 women, girls
Following a raid on a Phnom Penh recruitment agency, military police yesterday detained two people and rescued 22 girls and women aged 13 to 25 who claimed they were being held against their will ahead of being sent to Malaysia to work as maids. Municipal military ...
Cambodia, Singapore urge peaceful solution to South China Sea dispute
Phnom Penh — Cambodia’s Minister of Foreign Affairs Hor Namhong and his Singapore’s counterpart K Shanmugam agreed on Wednesday that the territorial dispute in the South China Sea between China and some ASEAN countries should be solved peacefully. “We have exchanged ideas on the issue of ...
http://news.xinhuanet.com/english2010/china/2011-10/05/c_131175455.htm
TNT expands Asia Road Network
TNT Express linked its Chinese day-definite domestic road services into its Asia Road Network. This has created the only scheduled day-definite road network covering China, Vietnam, Cambodia, Laos, Thailand, Malaysia and Singapore, said the operator. CEO Marie-Christine Lombard said: “With the integration of TNT’s two ...
http://www.ifw-net.com/freightpubs/ifw/index/tnt-expands-asia-road-network/20017904622.htm
Building Boom Causes Asian Sand Smugglers to Expand
Singapore’s decades-long effort to reclaim land from the ocean has expanded the nation’s coastline and fueled its building boom. But it has also depleted its supply of sand. In recent years, the massive sand shortage has been worsened by export bans by neighboring countries, driving ...
ABF Freight Adds Offices in Asia
ABF Freight System Inc. on Monday announced it had opened offices in Indonesia, Japan, Singapore, South Korea, Malaysia, Vietnam, Thailand, Cambodia, Myanmar, the Philippines, India and Sri Lanka. The locations are in addition to ABF offices in China, Hong Kong and Taiwan, ABF said in a ...
http://www.arkansasbusiness.com/article.aspx?aID=128384.54928.140526
Competitiveness Improves
The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...
http://www.bworldonline.com/content.php?section=TopStory&title=Competitiveness-improves&id=37920
China's investment in Cambodia reaches 8.8 bln USD
PHNOM PENH– Cambodia has received 8.8 billion U.S. dollars of investments from China from 1994 to July 2011, making China the leading country in the investments in the country, according to the reports from the Council for the Development of Cambodia (CDC) on Tuesday. The ...
http://news.xinhuanet.com/english2010/china/2011-09/06/c_131104903.htm
Time right for talks on sea boundary
In 2009, the Democrat-led government and the People’s Alliance for Democracy accused ousted former prime minister Thaksin Shinawatra of holding secret talks with Cambodia about exploiting oil and gas reserves in the Gulf of Thailand. The government threatened to revoke a memorandum of understanding on overlapping ...
http://www.bangkokpost.com/news/local/255142/time-right-for-talks-on-sea-boundary
Most U.S. Firms Plan to Expand Business in SE Asia: Amcham
Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce (AmCham) in Singapore said on Monday. “ASEAN continues to grow in importance for businesses in the ...
http://www.reuters.com/article/2011/09/05/us-firms-asia-idUSTRE78411L20110905
Exports to be unaffected by debt crisis
As Cambodian exports continue to grow, commerce officials predict sovereign debt crises in the United States and Europe will not threaten the sector. Total exports surged by more than 46 per cent to US$2.677 billion in the first seven months of the year, compared to ...
Malaysian firm eyes Kampong Thom land
Malaysain firm Lion Forest Industries Berhad plans to acquire 58,000 hectares of land in Kampong Thom province for US$26.1 million, the company announced yesterday. The company has also announced its intention to purchase 9,995 hectares of land in Preah Vihear province for $3.9 million, according ...
Machinery Manufacturers Tap Garment Sector
More than 150 companies from China, Taiwan, Singapore, Vietnam, Malaysia, as well as Germany and England on Thursday set up shop at the exhibition center on Phnom Penh’s Koh Pich island, displaying everything from $900 labeling machines to sewing machines worth $56,000 that automatically attach ...
National Carrier to Start Siem Reap-S’ville Flights
Cambodia Angkor Air will launch a regular flight service between Siem Reap and Sihanoukville by the end of the year, an official at the Council of Ministers said yesterday. There are currently no flights to Sihanoukville, the country’s premier coastal resort, even though the airport ...
Agreement Inked on Trade Loans in Cambodia
The US Export-Import Bank (EXIM) and the Cambodia Chamber of Commerce signed an agreement on Monday that will guarantee loans offered for the purchase of US goods and services. The memorandum of understanding was signed as part of the US-Asean Trade and Investment Framework Arrangement, ...
Talks Urged for Disputed Oil Zone
Energy planners are pushing the revival of talks with Cambodia on the oil-rich overlapping claims area (OCA) between the two countries to ensure energy security. They also urge all parties not to turn it into a political issue so that the talks stand a chance ...
http://www.bangkokpost.com/business/economics/253345/talks-urged-for-disputed-oil-zone
U.S. and Cambodia Chamber of Commerce Ink Deal on Trade Loan Guarantees
PHNOM PENH — The U.S. Export-Import Bank ( Exim Bank) and the Cambodia Chamber of Commerce (CCC) inked the Memorandum of Understanding on trade loan guarantees to boost trade between the U.S. and ASEAN member countries, according to a statement released by the U.S. embassy ...
http://news.xinhuanet.com/english2010/business/2011-08/25/c_131072977.htm
Exports Increase 45.9% in First Six Months
Cambodian exports increased 45.9 percent to $2.15 billion in the first six months of the year compared to the same period in 2010, according to figures released by the Ministry of Commerce yesterday. Of the total value of exports, 80 percent, or $1.74 billion, were ...
Sand for Singapore's Growth Comes at Environmental Cost to Poorer Neighbors
KOH KONG, Cambodia (AP) — Round a bend in Cambodia’s Tatai River and the virtual silence of a tropical idyll turns suddenly into an industrial nightmare. Lush jungle hills give way to a flotilla of dredgers operating 24 hours a day, scooping up sand and piling ...
The New Asian Century
With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...