News

National Bank Governor’s Daughter Named New Director-General

Chea Serey, the daughter of National Bank Governor Chea Chanto, has been promoted to director-general of the central bank, she confirmed this week. Ms. Serey will replace Nguon Sokha, who said that she left the National Bank about a month ago after being appointed as a ...

Colin Meyn
http://www.cambodiadaily.com/business/national-bank-governors-daughter-named-new-director-general-48069/

Cambodia Wants Sinopec to Build Oil Refinery by 2018

Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15, citing a spokesman. ...

Oil and Gas Industry Latest News Staff
http://www.oilandgaseurasia.com/en/news/cambodia-wants-sinopec-build-oil-refinery-2018

Senior CPP Officials Agree to Give Up Lawmaker Positions

The National Election Committee (NEC) on Monday said that a host of senior ruling party officials had resigned from their elected posts in Parliament in order to allow lawmakers lower down the party’s rostrum of candidates to be given a seat in the National Assembly. “The ...

Phorn Bopha
http://www.cambodiadaily.com/elections/senior-cpp-officials-agree-to-give-up-lawmaker-positions-41986/

Cambodia's Angkor Wat earns 30 mln USD per annum from ticket sales

Cambodia’s Angkor Wat temples, one of the world heritage sites, generated an annual revenue of 30 million U.S. dollars from ticket sales, Deputy Prime Minister and Cabinet Minister Sok An said Sunday. Last year, the temples attracted 2.06 million foreigners, up 28 percent year-on-year, he ...

http://www.asean-china-center.org/english/2013-07/08/c_132522594.htm

Japanese oil study ‘Positive’

The hunt for oil around northwestern Cambodia has unearthed “positive” results for Japan Oil, Gas and Metals National Corporation (JOGMEC), which intends to continue exploring the area in a project that could last at least six more years, a government spokesman said. JOGMEC’s survey on the ...

http://www.phnompenhpost.com/2013060566067/Business/japanese-oil-study-positive.html

Government To Push Digital Empowerment

Senior government officials yesterday were promoting the development of the information and communication technologies (ICT) sector in the Kingdom, particularly the concept of digital empowerment among young people. Deputy Prime Minister Sok An, who presided over the opening of ITU Asia-Pacific Regional Development Forum, held in ...

http://www.phnompenhpost.com/2013043065306/Business/government-to-push-digital-empowerment.html

Cambodia Airports Comes Under Attack by a Former Executive

Philippe Laurent became secretary-general of Cambodia Airports in May 2008. He was one of six senior executives in charge of the country’s international airports in Phnom Penh, Siem Reap and the little-used facility in Sihanoukville. Mr. Laurent is now carrying out a one-man campaign against ...

http://www.cambodiadaily.com/selected-features/cambodia-airports-comes-under-attack-17727/

ADB praises Cambodia for public debt management

Eric Sidgwick, Country director of the Asian Development Bank (ADB) to Cambodia applauded Cambodia for managing it’s, sometimes problematic, public debts. During the Wednesday meeting with Deputy Prime Minister, Sok An, Eric Sidgwick said, good management led to the positive changes of donations and ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NDQ1NmJhNTk1M2V

Council Of Ministers Backs Hun Sen’s Plan To Rebuild Homes

The Council of Ministers yesterday backed Prime Minister Hun Sen’s plan to rebuild the flattened homes of 49 families who were violently evicted earlier this month in Preah Sihanouk province’s Stung Hav district. In a statement on Sunday, Mr. Hun Sen dismissed the Council of Ministers’ ...

http://www.cambodiadaily.com

Deputy PM promises tighter fiscal controls

Cambodia’s Deputy Prime Minister yesterday reiterated his commitment to criminalising money laundering and terrorist financing in the Kingdom. Sok An reassured delegates at the Asia-Pacific Group (APG) on Money Laundering of Cambodia’s commitment to implementing comprehensive procedures to stop illegal monetary transactions. ...

http://www.phnompenhpost.com/2012122060381/Business/deputy-pm-promises-tighter-fiscal-controls.html

Pakistan-Cambodia ties set to strengthen

PAKISTAN is looking to further improve its trade, investment and tourism ties with Cambodia, officials said. Data from the Embassy of Pakistan shows that bilateral trade between the two countries has been good in recent years. In 2011, the total value of two-way trade reached $16 ...

http://www.phnompenhpost.com/2012121760307/Business/pakistan-cambodia-ties-set-to-strengthen.html

Government Forms Commission to Evict Families Near Airport

Deputy Prime Minister Sok An yesterday approved the creation of a joint commission which will undertake the role of evicting hundreds of families living near the Phnom Penh International Airport before the Asean and East Asia summits commence next month. Mr. Sath [Choam Chao commune ...

IMF: Cambodia’s economy expected to grow 7 pct in 2012

The International Monetary Fund (IMF) predicted Tuesday that Cambodia’s economy could grow as high as 7 percent this year, 0.8 percentage points higher than its April’s forecast of 6.2 percent. Speaking in a meeting with Cambodian Deputy Prime Minister Sok An, IMF’s Chief of Mission to ...

http://www.nzweek.com/world/imf-cambodias-economy-expected-to-grow-7-pct-in-2012-8368/

U.S. to aid Cambodia in agriculture, food security, environment

The United States will sign up to provide 18.5 million U.S. dollars to Cambodia to support the country’s priorities in agriculture, food security, and climate change adaptation and mitigation, according to a media release from the U.S. Embassy here on Thursday. The agreement will be signed ...

http://news.xinhuanet.com/english/world/2012-09/20/c_131863234.htm

Sok An Wants Thai Waters Dispute Resolved

In his first public meeting in weeks, Deputy Prime Minister Sok An on Friday met with a delegation of Thai officials in Phnom Penh and pledged Cambodia’s commitment to resolve a decade-old maritime dispute over contested maritime space in the Gulf of Thailand. Speaking to reporters ...

Chinese Firm to Invest $100M in Rice Mill

A Chinese company from Yunnan province will invest $100 million to build a rice mill and processing plant in Cambodia with a local firm and export 200,000 tons of milled rice to China beginning this year, officials said yesterday. The Yunnan Pan-Asia Agricultural Cooperation and Development ...

Petroleum engineers to provide support to Cambodia

At a Sept 11 meeting between Deputy Prime Minister Sok An and Ganesh C. Thakur, President of the U.S.-based Society of Petroleum Engineers (SPE), plans were discussed about the SPE providing training and expertise for the Kingdom’s oil and gas sector, according to a statement ...

http://www.etmcambodia.com/

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

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