News
Malaysia called out on MoU
Malaysia needs to start “paying attention” to a worker protection agreement with Cambodia that has languished for almost two years, a Ministry of Interior official said at a meeting yesterday. The meeting, which included officials from the ministries of Interior, Women’s Affairs, Tourism, Foreign Affairs and ...
http://www.phnompenhpost.com/index.php/2012082958343/National-news/malaysia-called-out-on-mou.html
Angkor Golf Resort signs MoU with Tourism Malaysia
Malaysia tourism and travel agency officials have signed a memorandum of understanding at the Angkor Golf Resort in Siem Reap to boost golf tourism in Malaysia and Cambodia. Signatories to the MoU were Sao Ratha, marketing manager of Tourism Malaysia; Ng Eu Shen, general manager of ...
Thai-Cambodian central banks sign MoU
The Bank of Thailand (BOT) on August 25 signed a memorandum of understanding (MoU) on Exchange of Banking Supervision Information with the National Bank of Cambodia (NBC), the regulator of financial institutions in Cambodia. The MoU provides a formal basis for banking supervisory cooperation between the ...
http://www.nationmultimedia.com/business/Thai-Cambodian-central-banks-sign-MoU-30189102.html
MoU the key to compliance
Amid a spate of garment factory strikes – including one at Tai Yang Enterprises that has lasted more than a month – Cambodia’s Arbitration Council yesterday said it wanted the industry to renew a memorandum of understanding on industrial action that has been in limbo ...
http://www.phnompenhpost.com/index.php/2012072657645/National-news/mou-the-key-to-compliance.html
Cambodia, Indonesia to Sign 100,000 Ton Rice Trade Deal in August
Cambodia will sign a rice trade Memorandum of Understanding (MoU) with Indonesia in August under which Indonesia will purchase 100,000 tons of rice from Cambodia annually. The deal is expected to boost Cambodia’s rice exports and help the country achieve its target of exporting one ...
Union out of loop in MoU negotiations
The garment industry could be close to renewing an industrial relations memorandum of understanding, but an independent union believes it is being edged out of negotiations because it opposes the use of short-term and fixed-duration contracts. Ath Thorn, president of the Cambodian Labour Confederation, said yesterday ...
Australian Gov’t Ordered Railway Investigation
The Australian government yesterday said it has been aware of poor working conditions and inappropriate surveying methods used on Cambodia’s railway rehabilitation project since February and had ordered that the project’s partners investigate the matters. “The Australian Government was alerted to possible concerns about workplace health ...
Construction Woes Plague Railway Project
The rehabilitation of Cambodia’s dilapidated railway network has encountered delays due to poor construction work and inappropriate surveying methods when making plans to lay down tracks, according to a draft review of the ongoing $140 million project conducted by the Asian Development Bank (ADB) and ...
Talks on maid MoU slated for summer
A Memorandum of Understanding aimed at protecting maids sent to Malaysia may make headway in the next two months, a government official has said. Secretary of State for the Ministry of Women’s Affairs San Arun said a meeting with Malaysian officials on an MoU is expected ...
http://www.phnompenhpost.com/index.php/2012050755997/National-news/maid-mou-inching-forward.html
Agreement to protect maids needs strengthening, Gov't says
A draft memorandum of understanding (MoU) drawn up by Malaysia to regulate maids working in the country does not sufficiently protect their rights and needs improvements, an official at the Labor Ministry said on Thursday. Malaysian officials drew up the MoU between the two governments following ...
FTB signs MoU with Tong Yang
The Foreign Trade Bank of Cambodia (FTB) and Tong Yang Securities (Cambodia) yesterday signed a memorandum of understanding on financial consultation services and trade co-operation that is hoped to expand banking and securities business in the country. The MoU should bring the bank and the securities firm into ...
Voices divided pre-ASEAN
Protecting human rights, especially those of Cambodian migrant workers traversing borders to countries such as Malaysia, dominated discussions at yesterday’s ASEAN Peoples’ Forum, one of two competing pre-summit forums that claim to be giving a voice to Cambodians. Speaking at yesterday’s forum, Seng Sakda, director-general ...
http://www.phnompenhpost.com/index.php/2012032955323/National-news/voices-divided-pre-asean.html
The arrival of the stock market and its implications
It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...
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
Cambodia, Thailand Will Likely Resume Talks on Offshore Oil and Gas
Cambodia’s and Thailand’s governments will likely resume negotiations on offshore drilling for oil and gas which will bring mutual benefits of the area of overlapping maritime claims after Cambodia gave the green light for issues before the visit of new Thai foreign minister Surapong Tovichakchaikul ...
Suthep Denies Secret Talks With P. Penh Negotiations Stalled Over Marine Oil, Gas
Democrat MP for Surat Thani Suthep Thaugsuban denies he held secret talks with Cambodian officials about oil and gas interests in the overlapping marine area during the tenure of the Democrat-led government. Mr Suthep, a former deputy prime minister, conceded yesterday he met Cambodian Deputy Prime ...
http://www.bangkokpost.com/news/local/254429/suthep-denies-secret-talks-with-p-penh
Oil dispute flares up
Secret meetings between high-ranking Thai and Cambodian officials to solve the demarcation of disputed offshore petroleum resources took place during the administration of Thai Prime Minister Abhisit Vejjajiva, the Cambodian National Petroleum Authority revealed yesterday. In a statement some commentators described as “coordinated attack” by ...
http://www.phnompenhpost.com/index.php/2011083151353/Business/oil-dispute-flares-up.html
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, ...
China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia
The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...
China, Cambodia Ink 29 Agreements for Economic and Trade Ties
The relations between People’s Republic of China and Cambodia have become closer in the way of culture, in which China is the most important strategic development partner in improving Cambodia’s economic growth through both financial and technical grant aids,” Mr. Eang Sophalet, assistant to Samdech ...
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
Deals With China Inked
Cambodia agreed to acquire Chinese-made Z-9 helicopters for US$195 million in one of 26 memorandums of understanding agreed by the two countries on Saturday. Cooperation was pledged in sectors such as energy, mining, agriculture and road construction, as well as defense spending and aid. The ...
http://www.phnompenhpost.com/index.php/2011082251177/Business/deals-with-china-inked.html
Rice Exports to China Rise
Following a meeting on Aug 9, between Chan Saron, from the Ministry of Agriculture, Forestry and Fisheries, and a delegate from China National Cereal, Oils and Foodstuff Cooperation (CNCOFC) that was led by Jiang Fan of the Chinese Commercial Department of Foreign Affairs, rice exports ...