News

The Kingdom of Cambodia and the Swiss Confederation have been committed to increasing existing bilateral relations and expanding cooperation in additional priority fields, including cooperation in international arena. ...

Switzerland will donate $6 million to support demining work in Cambodia and clear all mines in the country by 2025, its ambassador announced on Wednesday. During a meeting with Minister of Foreign Affairs and International Cooperation Prak Sokhonn, Swiss Ambassador to Cambodia Helene Budliger Artieda said ...

The governments of Sweden and Switzerland have pledged more than $15 million to the strengthening of sub-national governance in Cambodia from 2015 to 2017. ...

Cambodia’s $5.5 billion garment industry is nearing a crossroads amid uncertain prospects for outsourcing, an industry source says, citing participants at a recent trade show in Phnom Penh. “Many industry suppliers believe that while Cambodia remains a growing market for their textile and garment products, there ...

Cambodia’s progress in reducing maternal mortality was recognised internationally this week at the 67th World Health Assembly in Switzerland. Efforts to increase the number of skilled birth attendants and an increase in the number of 24-hour emergency centres available to pregnant women were both credited with ...

Cambodia’s largest financial institution, Acleda Bank, has been adopted into the World Economic Forum’s group of Global Growth Companies (GGC), an exclusive club made up of some of the world’s fastest-growing medium-size firms. The WEF yesterday announced that 20 companies from the Asia-Pacific region had been ...

Switzerland on Tuesday granted 3 million U.S. dollars to Cambodia through the United Nations Development Program (UNDP) for mine clearance. The agreement was inked between Rahel Boesch, director of Swiss Agency for Development Cooperation office in Cambodia, and Setsuko Yamazaki, director of UNDP office in Cambodia, ...

Cambodian and Swiss senior senators on Monday pledged to help promote bilateral cooperation, particularly in legal field, economics and trade for mutual benefits. The pledge was made during a meeting between First Vice President of the Senate of Cambodia Say Chhum and visiting President of the ...

The National Assembly yesterday passed a law to amend three articles in the anti-money laundering and terrorism financing law by a vote of 83 to six. Speaking at the start of session, Chea Chanto, governor of the National Bank of Cambodia, said the amendments would give ...

Cambodia ranks last in travel and tourism competitiveness among eight Southeast Asian countries, according to a recently published study by the World Economic Forum. The Travel and Tourism Competitiveness Report 2013, which excluded Laos and Myanmar, said Cambodia comes 106th out of 140 countries this year, ...

Ecotourism sites in the northeast of Cambodia last year saw visitor growth of 9.7 per cent – a total of 53,374 tourists – compared with 2011, an official said yesterday during the first Workshop on Northeast Ecotourism Development, organised by the Ministry of Tourism. Tith Chantha, ...

Cambodia’s largest bank is ready to launch its first micro-finance institution (MFI) in Myanmar, but one final barrier remains: an operating licence from Myanmar’s government. Acleda Bank’s chief executive, In Channy, expects the licence to be granted by the end of this month. Once that is done, ...

Christmas shoppers stand to be taken by surprise this month as campaigners take action in shopping centers around Europe to raise awareness of poverty wages of Cambodian garment workers. With these ‘fashion mobs’, they pressure H&M, Inditex (Zara), Levi’s and Gap to introduce a living ...

AHAVA Dead Sea Laboratories is expanding its international activity Dead Sea products to be sold in Poland, Italy, Switzerland, Korea, Greece, Denmark and Cambodia. Company CEO expects 10% growth in sales in coming year “In Phnom Penh, the Cambodian capital, we are operating through a franchisee’s store, ...

Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel Institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...

In April 2010, Kampot Pepper and Kompong Speu palm sugar both gained a geographical indication (GI) from the Ministry of Commerce that recognized their unique qualities and protected their name. But while Kampot pepper producers export almost all of their 17-ton annual production at high ...

A representative of environmental group International Rivers said yesterday that if the Laos government were to move forward with a controversial dam project, it would violate the 1995 Mekong Agreement. “Moving forward with the dam would be against international law,” said Ame Trandem, Sountheast Asia program ...

The World Economic Forum’s (WEF) Global Competitiveness Index 2011-2012 ranked the Philippines 75th out of 142 economies, up from 85th out of 139 in the 2010-2011 report. Last year’s placing marked a reversal of 2009’s slide to 87th in a list of 133, from 71st ...

The documents concern a court case brought by representatives of Hong Kong-based Enviro Group Holdings Limited who are suing John Davies and Lim Lian Tho – both former company directors of Phnom Penh based subsidiary Enviro Corporation (Cambodia) Ltd – and Mark McCluskey, a lawyer ...