News
Cambodia, China's Yunnan province ink deal on information cooperation
Cambodia and China’s Yunnan province signed a Memorandum of Understanding (MoU) here on Monday on media cooperation and exchanges. The deal was inked by Buth Bovuth, chief of the Cambodian Information Ministry’s General Department of Information and Broadcasting, and Wu Jingbo, deputy chief of the Publicity Department of the Communist Party of China’s Yunnan Provincial Committee, with the presence of Cambodian Information Minister Khieu Kanharith and Ge Guangzhi, deputy director of Department No. 6 of the Information Office of China’s State Council. ...
People's Daily Online News Staff
http://english.peopledaily.com.cn/n/2014/0922/c90883-8786134.html
Unions want arbitration council deal renewed
Trade unions at either end of the political divide Wednesday said they were eager to renew their agreement with garment factories to abide by the rulings of the country’s Arbitration Council, with some changes, despite a new report showing that both unions and employers often ...
Zsombor Peter
http://www.cambodiadaily.com/business/unions-want-arbitration-council-deal-renewed-65410/
ANZ, MFI partner to bridge financial sectors
ANZ Royal Bank and local microfinance institution Hattha Kaksekar Limited (HKL) on Monday entered into the first partnership of its kind in Cambodia in a bid to bring together clients from either side of the financial spectrum. Following the signing of a Memorandum of Understanding at ...
George Styllis
http://www.cambodiadaily.com/business/anz-mfi-partner-to-bridge-financial-sectors-60902/
Phnom Penh City Hall hoping to turn garbage into electricity
The Phnom Penh Municipal Government on Thursday signed a memorandum of understanding (MOU) with Inter Far East Engineering Public Company Limited of Thailand to study the feasibility of turning the city’s waste into energy, according to a notice posted on the municipality’s website. ...
Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/phnom-penh-city-hall-hoping-to-turn-garbage-into-electricity-60724/
Police thwart cross-border foray by group of Thai farmers
Officials in Banteay Meanchey province said a group of Thai farmers once again tried to plow a piece of land hundreds of meters inside Cambodian territory on Sunday but were turned back by border police. Prak Sarath, deputy commander of border police Unit 911, said the ...
Khuon Narim
http://www.cambodiadaily.com/news/police-thwart-cross-border-foray-by-group-of-thai-farmers-60314/
Maids still missing as deal with Malaysia nears
When Ros Srey Pich was 19, she signed a contract with a recruitment agency that would send her to work as a maid in Malaysia. The recruitment agency, Job Asia, had sourced the teenager from what is now Tbong Khmum province, telling her poor family that ...
Phorn Bopha and Matt Blomberg
http://www.cambodiadaily.com/news/maids-still-missing-as-deal-with-malaysia-nears-60302/
SET assistance goes to Cambodia
The Stock Exchange of Thailand (SET) is providing assistance to the Cambodia Securities Exchange (CSX), a young stock exchange in Asean. Prior to the agreement with Cambodia, the Thai exchange has formed alliances and established collaboration with exchanges in the Greater Mekong Subregion. With its commitment ...
The Nation News Staff
http://www.nationmultimedia.com/business/SET-assistance-goes-to-Cambodia-30234716.html
Hun Sen to visit Russia
Russia invites some Ministers of Cambodia to visit Russia to sign Memorandum of Understanding on bilateral consultation between the two countries, a government official said. The invitation was made during a meeting Monday between Cambodia’s Foreign Minister Hor Namhong and Dmitry Tsvetkov, new Russian Ambassador to ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=YjA5ODNhZGM4YzI
Cambodia, Mongolia establish bilateral consultations
Cambodia and Mongolia on Friday signed a Memorandum of Understanding (MoU) on the establishment of bilateral consultations, aimed at bolstering bilateral ties and cooperation, a Cambodian official said. The deal was inked between Long Visalo, Secretary of State of the Cambodian Ministry of Foreign Affairs, and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/02/c_133305024.htm
Cambodia's oil import down by 2 pct in 5 months
Cambodia imported 727,500 tons of petroleum in the first five months of the year, a 2 percent drop from 744,700 tons a year earlier, the figures of the Ministry of Commerce showed Saturday. A liter of premium gasoline goes for 1.38 U.S. dollars in Phnom ...
http://www.asean-china-center.org/english/2013-07/22/c_132563149.htm
Cambodia very lucrative for investors
Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc
Cambodia and S Korea aid workers
Cambodia and South Korea signed a memorandum of understanding yesterday, agreeing to work together to ensure worker protection. Last month, a Kampong Speu shoe factory collapse killed two workers. The incident inspired the Ministry of Labour to implement a Health and Safety Network for workers here ...
http://www.phnompenhpost.com/2013061266215/National/cambodia-and-s-korea-aid-workers.html
Cambodia Post to tie up with Thailand
Cambodia Post, a state-owned enterprise with plans to list on Cambodia’s bourse, will sign a memorandum of understanding (MoU) today with the Thai Post intended to provide electronic money transfer services between the two ASEAN neighbours. The initiative hopes to tap the growing remittance via ...
http://www.phnompenhpost.com/2013030661775/Business/cambodia-post-to-tie-up-with-thailand.html
Japanese to bolster SEZ development
A GROUP of Japanese businessmen yesterday signed a memorandum of understanding with Sonatra Group chairman Sorn Sokna to develop a special economic zone along the Mekong River at the site of the Prey Veng ferry terminals. The ferry service is expected to become redundant when the ...
http://www.phnompenhpost.com/2013030561750/Business/japanese-to-bolster-sez-development.html
Mega-bank joins forces with Canadia
CANADIA Bank and Japan-based Tokyo-Mitsubishi UFJ signed a memorandum of understanding (MoU) on Wednesday agreeing to work together to tap the flow of Japanese investors into the Kingdom. The MoU was signed by Canadia Bank chief executive officer Michael Lor and Masato Miyachi, the general manager ...
http://www.phnompenhpost.com/2013030161679/Business/mega-bank-joins-forces-with-canadia.html
Serbian FM to visit Cambodia to boost bilateral ties
Serbian Minister of Foreign Affairs Ivan Mrkic will pay a two-day visit to Cambodia next Monday to promote bilateral relations, according to a press release from Cambodia’s Foreign Ministry on Friday. ...
http://www.shanghaidaily.com/article/article_xinhua.asp?id=126862
Ecuador, Cambodia Sign Antiquities Agreement
Government officials yesterday met with representatives from the Republic of Ecuador to discuss ways to improve economic and political ties between the two countries, Foreign Ministry Secretary of State Ouch Borith said. The two countries also signed a memorandum of understanding to protect Cambodian artifacts ...
Wage hike forces Thai firms hire Cambodians
Thai factories have opted to hire Cambodian workers under a memorandum of understanding between Cambodia and Thailand after the Bt300 minimum wage policy came into effect for Thai workers across the country. A total of 154 Cambodians – 118 men and 36 women – with work ...
http://www.nationmultimedia.com/national/Firms-hire-Cambodian-workers-under-MoU-30197348.html
MoU to strengthen co-operation between Cambodia and India
The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...
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
Indonesian Trader Close to $1.5b Cambodia Sales Deal
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 ...
http://www.thejakartaglobe.com/business/indonesian-trader-close-to-15b-cambodia-sales-deal/550207
Striking the right balance
The number of strikes in Cambodia’s garment industry could be set to dip and workers could be on their way to free lunches after both sides of the industry signed a two-year memorandum of understanding (MoU) yesterday. The MoU – inked by the Garment Manufacturers Association (GMAC) in ...
China ASEN Expo starts on Friday
Minister of Commerce Cham Prasidh and 100 Cambodian companies are set to represent the Kingdom at the 9th China-ASEAN Expo in Nanning, China, which starts tomorrow, according to officials. The expo will include representatives from all 10 ASEAN countries and China itself. Cambodian officials will seek ...
Train supply agreement signed
Toll Royal Railway signed an agreement yesterday afternoon with companies that will supply locomotives and parts for Cambodia’s railway network. As a result of the agreement, international tenders will be called in the coming months for the procurement of up to four new 2,000-horsepower locomotives and ...
http://www.phnompenhpost.com/index.php/2012092058822/Business/train-supply-agreement-signed.html