News

Japan tries to check China with Dawei development project

After initially dragging its feet, the Japanese government has agreed to take part in a massive industrial development project in Myanmar. The decision was clearly influenced by China’s active involvement in infrastructure development in the Mekong region, which also includes Thailand, Vietnam, Cambodia and Laos. ...

Asia Times News Staff
http://atimes.com/2015/07/japan-tries-to-check-china-with-dawei-development-project/

Japan, Cambodia agree to work closely on developing Mekong region

Foreign Minister Fumio Kishida and his Cambodian counterpart, Hor Namhong, agreed Thursday to keep working together over infrastructure development in Cambodia and four other countries along the Mekong River, the Foreign Ministry said. ...

The Japan Times News Staff
http://www.japantimes.co.jp/news/2015/07/03/national/politics-diplomacy/japan-cambodia-agree-work-closely-developing-mekong-region/#.VZYTaEY2XHA

Abe plans Mekong development to counter China

Japanese Prime Minister Shinzo Abe will meet the leaders of five South-east Asian countries in Tokyo on Saturday to adopt a new three-year development strategy for the Mekong region — a move that will rival China’s rising economic clout in Asia. The plan is likely to ...

Today News Staff
http://www.todayonline.com/world/asia/abe-plans-mekong-development-counter-china

Japanese chain to open hotel in 2015

Budget business hotel group Toyoko Inn hope to draw East Asian businesspeople and travellers to Phnom Penh The Toyoko Inn, which is a joint venture between the Overseas Cambodia Investment Corporation (OCIC) and a Japanese budget, business hotel chain, is slated to open in May 2015. ...

Siv Meng
http://www.phnompenhpost.com/post-weekend/japanese-chain-open-hotel-2015

Instability delays CAA launching new routes

Cambodia Angkor Air (CAA) will delay the launch of its planned direct flights to Beijing, Tokyo and Singapore due to unrest in neighbouring countries, the airline said yesterday. Originally slated to open the new routes before the end of the year, tensions in Thailand and Vietnam ...

May Kunmakara
http://www.phnompenhpost.com/business/instability-delays-caa-launching-new-routes

Developers see near completion of cable-stayed bridge as positive for trade and property prices

Set to open next year, Cambodia’s first cable-stayed bridge is now more than 70 per cent complete, according the government. Chhim Phalla, director of the Ministry of Public Work’s Department of International Cooperation, which is overseeing the Neak Loeung Bridge and improvements to National Road 1, ...

Siv Meng and Sum Manet
http://www.phnompenhpost.com/real-estate/developers-see-near-completion-cable-stayed-bridge-positive-trade-and-property-prices

Hun Sen to pen accords with Abe

Infrastructure-funding agreements and a memorandum on military cooperation will be signed when Prime Minister Hun Sen visits Japan next week, the government said yesterday. The premier will meet his Japanese counterpart, Shinzo Abe, in Tokyo late next week, a statement released yesterday by the Ministry of ...

Cheang Sokha
http://www.phnompenhpost.com/national/hun-sen-pen-accords-abe

PPSEZ signs MoU with Tokyo bank

Tokyo-based Sumitomo Mitsui Banking Corporation (SMBC) has signed a memorandum of understanding with the Phnom Penh Special Economic Zone (PPSEZ) to help support Japanese investment in Cambodia. The MoU was signed by SMBC President and CEO Takeshi Kunibe and PPSEZ Chairwoman Lim Chhiv Ho earlier this ...

May Kunmakara
http://www.phnompenhpost.com/business/ppsez-signs-mou-tokyo-bank

Cambodia investment scams rising

The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who ...

The Japan Staff News Staff
http://www.japantimes.co.jp/news/2013/08/27/national/cambodia-investment-scams-rising/#.Uh1Rq9KBmN8

Scooter connects to phone

Japan-base Terra Motors said it plans to sell its smartphone-compatible electric scooter in Cambodia by the end of this year. The lithium-battery-powered A4000i, introduced last week in Tokyo, can be connected to an iPhone, delivering live data while driving. “We will start to sell this scooter ...

http://www.phnompenhpost.com/business/scooter-connects-phone

Corruption? Not on foreign projects: PM

Prime Minister Hun Sen lashed out at unnamed critics yesterday, saying there was no corruption in large-scale development projects backed by foreign aid. “[For example] as for the Neak Leung bridge or Kizuna bridge Japan runs its bids in Tokyo. Therefore, only Japanese companies have the ...

http://www.phnompenhpost.com/2013011560783/National/corruption-not-on-foreign-projects-pm.html

Japanese auto supplier sets to launch auto parts factory in Cambodia

A Tokyo-based auto supplier, the Yazaki Corporation, has completed the construction of an automotive electronics and instrument plant in Cambodia and the production will be launched later this month, a company representative said Wednesday. Speaking during a meeting with Cambodian Prime Minister Hun Sen at the ...

http://www.nzweek.com/business/japanese-auto-supplier-sets-to-launch-auto-parts-factory-in-cambodia-32775/

Cambodia’s PM eyes Japanese investment

Cambodian Prime Minister Hun Sen expects the country to attract more Japanese tourists and investors to help improve the country tourism and economy. The PM said last week he was encouraging more Japanese investors and tourists by heightening bilateral ties. “Japan and Cambodia are known for having ...

http://www.ttrweekly.com/site/2012/12/cambodias-pm-eyes-japanese-investment/

MAI to fly to Phnom Penh from October

National carrier Myanmar Airways International plans to launch flights to the Cambodian capital Phnom Penh by October, an airline spokesperson said. Flights will operate on Wednesdays and Saturdays, via Siem Reap, using a new Airbus A-321 that can accommodate 220 passengers. “We will add one Airbus A-321 ...

http://www.mmtimes.com/2011/news/592/news59212.html

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