Archive for December, 2009

Direct flights from Russia next year

Tuesday, December 29th, 2009

In a bid to increase the foreign tourists to visit Cambodia, recently the government also makes its efforts and possibility to seek the direct flights from developed and industrialized countries. The tourism sector is the kind of tourism industry to make more income for the nation. Russian delegates from the two largest Russian airlines, Aeroflot [...]

Kangaroo meat to import to Cambodia next year

Monday, December 28th, 2009

The joint venture of investment of kangaroo meat will be imported to Cambodia next year by Cambodia’s Pich Angkor Group and Ta Corp Company of Australia, reported the Post. Chea Porhieng, Pich Angkor’s vice president, was quoted by the Phnom Penh Post as saying that “we hope Cambodian people will have a chance to enjoy [...]

Vietnamese fertilizer plant in Cambodia

Monday, December 28th, 2009

Recently, Vietnam started operating its largest fertilizer plant in Kandal Province on Thursday, which was funded US$65 million project by Vietnam. Cambodian Prime Minister Hun Sen said at the opening Thursday morning that The Kien Svay facility is expected to be produce half a million tons of fertilizer per year, employing 300 workers. He added [...]

National carrier made profit

Monday, December 28th, 2009

Cambodia Angkor Air (CAA) which is the joint venture between the Cambodian government and Vietnam Airlines made its maiden flight since July 28 by flying between Phnom Penh and Siem Reap and it also flies to Ho Chi Minh City. Cambodian Prime Minister Hun Sen said last week that Cambodia Angkor Air (CAA) made profit [...]

China loans $1.2bn for Cambodia

Friday, December 25th, 2009

Chinese Vice President Xi Jinping officially has visited Cambodia during a three-day state visit. China agreed to give US$1.2 billion in interest-free loans for Cambodia’s economic development in 14 different agreements during a signing ceremony at the Council of Ministers. Khieu Kanharith, Information Minister and government spokesman, told reporters during a press conference that Cambodia [...]

NBC warned counterfeit money exchange

Friday, December 25th, 2009

In order to maintain the interest of tourists and general public in Cambodia to avoid the exploitation of exchange rates among of the money exchange shops, and all currency conversation business, National Bank of Cambodia (BNC) announced that money exchange shops must show license. Chea Chanto, NBC’s governor, also has warned tourists and the public [...]

Russian trade increased 30pc

Friday, December 25th, 2009

Since the bilateral trade between Cambodian and Russia increased 30 percent, even though the Russian investment in Cambodia is estimated to be lower this year, compared to the last year. Dilyara Borovik, a counselor at the Russian Embassy, gave a speech at the an event to mark the 30th anniversary of the Russian Cultural Center [...]