News
Cambodia to begin rice exports to various countries
Cambodia’s minister of commerce has announced that the country will step up efforts to export rice to Africa, Middle East and the European Union. In his three-day visit to Kuwait in December 2014, Chanthol aimed at opening new avenues for Cambodian-made agricultural goods to enter ...
Far Eastern Agriculture News Staff
http://www.fareasternagriculture.com/index.php?option=com_content&view=article&id=4483:cambodia-to-start-rice-export-to-various-countries&catid=1083&Itemid=98
Prime minister gives graduates class in geopolitics 101
Amid a dour assessment of the current geopolitical landscape, Prime Minister Hun Sen on Monday warned that only bad things follow when long-ruling strongmen are overthrown. In the lead-up to last year’s national elections, which Mr. Hun Sen’s ruling CPP officially won amid reports of widespread ...
Khy Sovuthy
http://www.cambodiadaily.com/news/prime-minister-gives-graduates-class-in-geopolitics-101-65696/
Planning delays oil refinery’s progress
Construction on Cambodia’s $2.3 billion oil refinery has been set back again, this time due to planning delays, the project’s local partner, Cambodia Petrochemical Company (CPC), confirmed yesterday. The landmark oil refinery was slated to begin construction in December 2013 following a $1.67 billion loan from ...
Chan Muyhong
http://www.phnompenhpost.com/business/planning-delays-oil-refinery%E2%80%99s-progress
Alarm over workers to Emirates
Cambodian labourers may soon be recruited to construction sites in the United Arab Emirates, where conditions are described as “tragic” by human rights groups. The Lebanon-based company that would hire the workers under the prospective scheme, Agostine & Raphael Group, is run by Middle Eastern tycoon ...
Daniel Pye
http://www.phnompenhpost.com/national/alarm-over-workers-emirates
PAL urged not to pursue deal to form Cambodia Airlines
Flag carrier Philippine Airlines (PAL) is said to be better off not pursuing a deal with Royal Group of Cambodia (RGC) to form Cambodia Airlines Co. Ltd., saying there are other “bigger priorities” for the flag carrier. CAPA said the Cambodia-Philippines is a small market, ...
Lenie Lectura
http://www.abs-cbnnews.com/business/02/04/14/pal-urged-not-pursue-deal-form-cambodia-airlines
Upstream Dams, Downstream Trouble
As examples, Laos broke ground on a new Mekong River dam that’s causing concern bordering on fury in Cambodia and Vietnam. India is enraged about a new Chinese dam going up on the Brahmaputra River. And Ethiopia’s new dam on the Nile is angering Sudan, ...
http://www.hydroworld.com/news/2013/03/12/upstream-dams-downstream-trouble.html
USDA Hikes 2013 Export Projections for Cambodia, India, U.S.
The USDA increased its rice export forecasts for India, Cambodia and the U.S. mainly due to higher production estimates in these countries. Cambodia’s 2013 rice export estimates was increased 150,000 tons to a record 975,000 tons, up about 21% from last year, said the USDA in ...
http://oryza.com/content/usda-hikes-2013-export-projections-cambodia-india-us
No plans for Islamic banking services yet
WHILE investments from the Middle East into Cambodia are expected to increase over the next few years, the central bank here currently has no plans to launch Islamic banking services. Recent events like Qatar Airway’s Doha-Phnom Penh flights, which launched earlier this month, have been expected ...
http://www.phnompenhpost.com/2013022761645/Business/no-plans-for-islamic-banking-services-yet.html
Qatar plans bank in Cambodia to enhance trade
Qatar’s ambassador to Cambodia says his country wants to open a bank here in an effort to enhance, and attract more, trade and investment from Middle East countries to the Kingdom. Bloomberg reported yesterday that Arqaam Capital, a Dubai-based investment bank, had said it was ...
Qatar Airways touches down in Cambodia
With the launch of daily scheduled services, Qatar Airways becomes the only Middle Eastern airline flying to the South East Asian nation – and destination number 125 served worldwide. Guests gathered at Phonm Penh International Airport in celebration of the new air link, connecting Cambodia ...
Qatar Airways ready to launch daily flights to Cambodia's capital
The Doha-based Qatar Airways will operate its daily flights from Doha to Phnom Penh, the capital of Cambodia, from Tuesday, Cambodia’s tourism minister Thong Khon said Monday. “Tomorrow (Tuesday), the airline will launch daily flights from Doha to Phnom Penh via Ho Chi Minh City, Vietnam,” ...
Oil prices hit all-time high in Cambodia
Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm
Cambodia boosts attraction of foreign visitors in 2013
Cambodian Tourism Minister H.E. Dr. Thong Khon said: Cambodia, Laos and Myanmar had gained high growth of tourist arrival in 2012 for Asean region. “Cambodia is continuing its work including promotion to the outside world to attract tourists to see the country.” he said this week. ...
Petronas still eyeing Cambodia
After closing the last of its 19 petrol stations in Cambodia in April 2010, Petroliam Nasional Bhd (Petronas) is again eyeing the country’s oil and gas (O&G) sector. This will see Chevron and its partners developing the country’s first offshore oil field this year. According to ...
http://www.theedgemalaysia.com/highlights/229579-petronas-still-eyeing-cambodia.html
PetChem sees healthy growth in 2013, eyes Myanmar, Cambodia
KUALA LUMPUR (Dec 18) : Petronas Chemical Group Bhd (PetChem) said that its top and bottom line growth was going to be in “healthy mode” next year, with prices of its chemical products seen to be firming up. Speaking at a media briefing on Tuesday, its ...
ASEAN issues declaration to promote regional community
The 21st ASEAN Summit opened in Phnom Penh yesterday under the theme One Community, One Destiny, with meetings during the three-day event expected to tackle such issues as measures to build the ASEAN Community, regional peace and security, and strengthening co-operation between the bloc’s member ...
Pentagon chief to visit Australia, Thailand and Cambodia
US Defense Secretary Leon Panetta will travel to Australia, Thailand and Cambodia next week as part of America’s strategic tilt to the Asia-Pacific, even as crises in the Middle East demand the Pentagon’s attention and resources. In a week-long trip starting Sunday, Panetta will head to ...
UAE, Cambodia look to lift tourism
Cambodia’s tourism ministry and United Arab Emirates officials have signed a memorandum of understanding to strengthen tourism to the Kingdom, officials said during a press conference at Phnom Penh’s international airport. Tourism Minister Thong Khon said the memorandum of understanding (MoU) would provide more opportunities for ...
http://www.phnompenhpost.com/index.php/2012090758551/Business/uae-cambodia-look-to-lift-tourism.html
Clinton Says Asean Is Key to US Foreign Policy
U.S. Secretary of State Hillary Clinton yesterday raised the issue of territorial disputes in the South China Sea with Prime Minister Hun Sen and outlined the strong focus the administration of U.S. President Barack Obama is currently placing on the Asean region, officials said. Arriving in ...
Cambodia denies maids to Saudi Arabia report
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. ...
http://bikyamasr.com/69732/cambodia-denies-maids-to-saudi-arabia-report/
Financing Cambodia's Muslims
Islamic finance could help to boost trade between Cambodia and the Middle East, as well as attract investment from Muslim-majority countries, experts said on Saturday. Knowledge of Islamic finance and banking, which bars interest lending and discourages unfair trade advantages, is almost nonexistent among Cambodia’s Muslims, ...
http://www.phnompenhpost.com/index.php/2012031254976/Business/financing-cambodias-muslims.html
CAMBODIA HOSTED 7TH ASIA ECONOMIC FORUM
Cambodia, on Saturday, hosted the 7th Asia Economic Forum ( AEF) under theme of “The Asian Century in the Making: Achievements, Challenges and Future Trends” while highlighting the majority of the region’s demonstrated remarkable resilience against the global economic and financial crises, while major superpowers ...