News

Cambodian PM to attend 24th ASEAN Summit in Myanmar over weekend

Cambodian Prime Minister Hun Sen will lead a high delegation to attend the 24th ASEAN Summit and Related Meetings to be held from May 10 to 11 in Nay Pyi Taw, Myanmar, according to a foreign ministry’s statement on Monday. The prime minister will be accompanied ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/05/c_133311730.htm

Cambodia intends to sign asylum deal

A Senior Cambodian official has said his country has tentatively agreed to accept asylum-seekers who had been seeking to settle in Australia. Foreign Ministry Secretary of State Ouch Borith told reporters there was an agreement in principle to take the asylum-seekers, who are being held in ...

The Australian News Staff
http://www.theaustralian.com.au/national-affairs/policy/cambodia-intends-to-sign-asylum-deal/story-fn9hm1gu-1226900446176

DefTech targets Cambodia, Myanmar jobs

Malaysia’s leading armoured vehicle maker DRB-Hicom Defence Technologies Sdn Bhd (DefTech) is setting its sights on Cambodia and Myanmar, said chief executive officer Amril Samsudin. ...

The Star News Staff
http://www.thestar.com.my/Business/Business-News/2014/04/21/DefTech-targets-Cambodia-Myanmar-jobs/

Cambodia, Laos, Myanmar seen offering big investment opportunities

Business International Monitor said Thursday that Cambodia, Laos and Myanmar were expected to outperform their regional peers in terms of real economic growth in the longer term. In a statement, the London-based firm said the three countries would offer ” substantial opportunities for investors over the coming decade, ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=N2ZkOTU4YTZmZGU

Thailand trains workers from Cambodia, Laos and Myanmar

Thailand has begun training workers from Cambodia, Laos and Myanmar ahead of the establishment of the ASEAN Economic Community (AEC) next year, the National News Bureau of Thailand reported Wednesday. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YjNhNDg5MDQ1ZWQ

World Bank raises growth forecast for Cambodia in 2014

The World Bank upwardly revised Monday its GDP growth forecast for Cambodia this year to 7.2 percent, up from its October projection of 7.0 percent. In explaining the higher forecast, the bank’s East Asia and Pacific Economic Update pointed to “the expectation of renewed confidence and ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YjY5Zjc3MTUwZDg

World Bank says Cambodia has most liberal foreign investment regime in ASEAN

The World Bank says Cambodia has the most open foreign direct investment regime in ASEAN while Thailand has the most restrictive. In a report released Monday, the bank also said that Cambodia had recently emerged as ASEAN’s second-biggest recipient of foreign direct investment in the agricultural ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OGM2MTVmYTQ0NTM

Cambodian rice exports fall in Q1

As Thailand sells its rice reserves and reforms in Myanmar are rewarded with more access to markets abroad, Cambodia’s total exports of milled rice are on the decline, falling more than 10 per cent in the first quarter of this year compared with the same ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodian-rice-exports-fall-q1

Viriyah firm plans move in Cambodia

Thailand’s Viriyah Insurance, one of the biggest firms of its kind in the country, is seeking to expand its motor vehicle business in Southeast Asia, according to a report yesterday in the Bangkok Post. ...

Chan Muy Hong
http://www.phnompenhpost.com/business/viriyah-firm-plans-move-cambodia

Siam Kubota launches Cambodia, Laos units

Siam Kubota Corporation Co Ltd is set to expand its business by opening subsidiaries in Cambodia and Laos as part of its preparation for the launch of the ASEAN Economic Community (AEC) in 2015. Siam Kubota has invested a total of Bt68 million in the two ...

Erich Parpart
http://www.nationmultimedia.com/business/Siam-Kubota-launches-Cambodia-Laos-units-30228172.html

Hong Kong's Pacnet expands to Cambodia, Laos and Myanmar

Hong Kong technology company Pacnet says it’s expanding its virtual private network (VPN) services to Cambodia, Laos and Myanmar. In a statement released Wednesday, the company said the expansion involved global internet protocol VPN services based on multi-protocol label switching (MPLS). ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTg3YWUwNmRhYWJ

Cambodia sets 2020 tourism target

Cambodian Prime Minister Hun Sen expects the country to welcome 8 million foreign visitors by 2020. Talking to local media, the PM said the country was on track to achieve the ambitious target by 2020. The largest sources of tourists to Cambodia are Vietnam, China, South ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/02/cambodia-sets-2020-tourism-target/

Cambodian PM holds opposition-backed unions responsible for future factory closures due to strikes

Cambodian Prime Minister Hun Sen said Tuesday that the opposition-aligned unions, inciting garment workers to stage strikes for higher wages, must take responsibilities for any future closures of factories. “The government has worked very hard to attract investors to build factories and has urged manufacturers to ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/25/c_133142013.htm

Japan, U.S. to help empower women in Cambodia, Myanmar

The Japanese and U.S. governments are set to launch a joint project to help empower women in developing countries in Asia, including Cambodia and Myanmar, as well as Africa, officials of both governments said Saturday. The two governments came up with the project as both Prime ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140209/japan-us-help-empower-women-cambodia-myanmar

Hun Sen: Minimum wage of workers cannot be increased to USD160

Prime Minister Hun Sen on Tuesday said it would be impossible to double the garment workers from USD 80 to USD 160 even though he wish to see them to have better life. “Which leaders and Prime Ministers don’t want to see their peoples have good ...

Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2EzNmZiZGVkNjA#sthash.0G8ytVha.dpuf

GMS Countries To Explore Tourism Linkages In Annual Meeting

Member states of the Greater Mekong Sub-region (GMS) will meet at an annual meeting in Hanoi on Dec 19 to explore measures to embrace tourism linkages, Vietnam News Agency (VNA) reported. Cao Van Ban, development assistance committee head of Vietnam-Laos-Cambodia Association for Economic Cooperation Development (VILACAED), ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1001973

Myanmar, Cambodia Sign Visa Exemption Agreement

Myanmar and Cambodia have signed an agreement on visa exemption for ordinary passport holders travelling between both countries, Xinhua news agency reported. The agreement was signed by Myanmar Deputy Foreign Minister U Tin Oo Lwin and Cambodian Ambassador to Myanmar Sieng Burvuthin Nay Pyi Taw on ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1001919

Cambodia attracts over 879,000 tourists from ASEAN region

For the first semester of 2013, Cambodia attracted 879, 782 tourist arrivals from ASEAN region, plus 23.5 per cent if compared in the same period of last year, a report from tourism ministry obtained on Tuesday said.  The figure of tourist arrivals from ASEAN for the ...

The Southeast Asia Weekly Staff
http://www.thesoutheastasiaweekly.com/cambodia-attracts-over-879000-tourists-from-asean-region/

Japan to relax visa requirements for Myanmar, Cambodia, Laos

Japan plans to relax visa requirements for Myanmar, Cambodia and Laos by the end of this year, as part of efforts to boost tourism to promote the country’s economic growth strategy, government sources said Wednesday. The government is considering allowing the issuance of “multiple-entry visas” for visitors ...

Kyodo​​ News Staff
http://english.kyodonews.jp/news/2013/09/247990.html?searchType=site&req_type=article&phrase=Cambodia

Singapore PM hopeful for Asean

Singapore’s Prime Minister Lee Hsien Loong says much work is still needed to establish the ASEAN Economic Community (AEC), a single market for trade and development in 2015. Lee, head of the most advanced economy in the 10-member Association of Southeast Asian Nations, or ASEAN, ...

Kay Kimsong
http://www.phnompenhpost.com/business/singapore-pm-hopeful-asean

Mekong basin countries target double-digit tourism growth

Five Southeast Asian countries, Cambodia, Laos, Myanmar, Thailand and Viet Nam, are targeting a double-digit growth rate of international visitors annually by 2015 under the theme “Five Countries – One Destination”, according to Hoang Tuan Anh, Viet Nam’s Minister of Culture, Sport and Tourism. In a ...

VietNamNet Bridge Staff
http://english.vietnamnet.vn/fms/travel/84268/mekong-basin-countries-target-double-digit-tourism-growth.html

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