News

Cambodia’s Economic Opportunity

While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...

http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/

Cambodian, Phl conglomerate sign deal to establish new airline

Cambodia Airlines, a majority-owned Cambodian company, and San Miguel Corp., the Philippines’ most diversified conglomerate, on Tuesday signed a joint venture agreement to set up a Cambodia-based airline – Cambodia Airlines – to service domestic and regional flights. The agreement was inked between Cambodian tycoon Kith ...

http://www.philstar.com/business/2013/04/02/926341/cambodian-phl-conglomerate-sign-deal-establish-new-airline

Tuk-Tuk Maker Eyes Cambodian Market

Japan-based Terra Motors Corporation viewed Cambodia as a potential market for its electric tuk-tuk, the company’s general manager of overseas sales said yesterday. “We’re thinking of entering the Cambodian market as well. But at this moment, there are no concrete plans. [We] just hope to enter,” ...

http://www.phnompenhpost.com/2013032964775/Business/tuk-tuk-maker-eyes-cambodian-market.html

Britain to support Cambodia in fight against money laundering, terrorism financing

Britain embassy to Cambodia is partnering with Cambodian government ministries and departments to provide a training course on international best practices in the field of anti-money laundering and combating the financing of terrorism, according to the embassy’s press release on Friday. The training will be ...

http://www.nzweek.com/world/britain-to-support-cambodia-in-fight-against-money-laundering-terrorism-financing-53347/

Philippines seeks closer ties with Cambodia

Philippines Vice President Jejomar Binay says Cambodian Prime Minister Hun Sen supports the signing of agreements between Manila and Phnom Penh in rice trading and in fighting transnational crime. Cambodian officials have also expressed interest in launching direct flights between Manila and Phnom Penh. ...

http://www.abc.net.au/news/2013-02-09/an-philippines2c-cambodia-seek-stronger-ties/4510270?section=business

ASEAN ministers vow to deepen tourism cooperation

Representatives of the ten ASEAN nations met on Sunday in Laos’ capital of Vientiane to launch the ASEAN Tourism Forum (ATF), where they pledged to expand tourism cooperation and discussed creating a pan-ASEAN tourist visa. The ATF, which was first held in 1981, is designed to ...

http://news.xinhuanet.com/english/world/2013-01/20/c_132115298.htm

Britain life insurer Prudential officially launches operations in Cambodia

The U.K.-based life insurer, Prudential Plc, on Wednesday announced the commencement of its life insurance operations in Cambodia, according to the firm’s press release. Alongside the launch of its business operations, Prudential Cambodia and Acleda Bank, the largest commercial bank in Cambodia, also announced the establishment ...

http://news.xinhuanet.com/english/business/2013-01/09/c_132091413.htm

6.7% growth forecast for Cambodia

Cambodia is projected to have the second fastest-growing economy in Southeast Asia over the next two years, the World Bank said in a regional economic update last week. Gross domestic product is forecast to expand 6.7 per cent next year and 7 percent in 2014. That ...

http://www.nationmultimedia.com/aec/6-7%C2%A0rowth-forecast-for-Cambodia-30196729.html

Cambodia exposed to large fiscal risks from disasters

Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned yesterday. In its annual economic update on East Asia and the Pacific, the bank said the region was the most disaster-stricken in the ...

http://usa.chinadaily.com.cn/world/2012-12/20/content_16035026.htm

PAL seeks CAB green light for flights to Turkey, Kuwait, Cambodia

Flag carrier Philippine Airlines is eying flights to Kuwait, Turkey, and Cambodia starting next year amid its refleeting and expansion program, the Civil Aeronautics Board said Wednesday. PAL has filed petitions with the industry regulator for flights to Istanbul in Turkey, Phnom Penh in Cambodia, and ...

http://www.gmanetwork.com/news/story/286103/economy/companies/pal-seeks-cab-green-light-for-flights-to-turkey-kuwait-cambodia

Cambodia to get its first garment training institute

The Garment Manufacturers Association in Cambodia (GMAC) has inked an agreement with French international development agency – Agence Francaise de Development (AFD), for obtaining a loan of US$ 3.5 million to set up [sic] first garment training institute in the country. As per the agreement the ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=118660

11th World Huang clan convention held in Cambodia

About 3,000 Chinese in Huang clan from around the globe gathered here Wednesday to bridge closer ties among Huang families and to visit Cambodia’s attractive tourism destinations. Speaking at the opening of the 11th World Huang Clan Convention 2nd Session, Cambodian Minister of Commerce Cham Prasidh, ...

http://news.xinhuanet.com/english/culture/2012-12/05/c_132021075.htm

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