AKC Contributes to Political and Macroeconomic Stability, and Growth I am so glad to meet all of you once again after our meeting last year on 10 April 2018. HE Pong Khieu Se has already mentioned in his report to you all about what had happened in the past year. I am proud to see…
Source: FN As a peace contributor and civilization connector, Prime Minister Hun Sen said Cambodia does not want to see other countries dominated by excessive USD currency as much as Cambodia was in the past. The statement was made Monday at the inauguration of the first-ever national monetary museum, “Preah Srey Icanavarman Museum” standing near…
Source: FN Cambodian Prime Minister Hun Sen stated that the presence of United Nations Transitional Authority in Cambodia (UNTAC) in 1992–93 brought too much dollars that negatively affected the kingdom’s economy, speaking Monday at the inauguration of the first-ever national monetary museum, “Preah Srey Icanavarman Museum” located near the Old Market in Phnom Penh. “UNTAC…
Source: FN Cambodian Prime Minister Hun Sen, on Monday, stated that when Khmer Riel currency is too high, it is not good for 1 million workers whose salary is remunerated in USD, speaking Monday at the inauguration of the first-ever national monetary museum, “Preah Srey Icanavarman Museum” located near the Old Market in Phnom Penh.…
Source: FN Cambodian Prime Minister Hun Sen, on Monday, chaired the inauguration of the first-ever national monetary museum, “Preah Srey Icanavarman Museum” standing near the Old Market in Phnom Penh, not too far from the National Bank of Cambodia. “Preah Srey Icanavarman Museum” presents the history of Khmer monetary since the Funan era. The Museum…
In addition to the prepared text, Samdech Techo made a wide range elaborations on when the Riel currency was reprinted and circulated, and re-admitted as national currency under UNTAC and to the present. USD Peaked under UNTAC Let me elaborate on this point for us to understand and figure out our next strategy for the…
Source: FN Cambodia decided to build one more hydropower and two more solar farms that will produce 200MW energy in total, according to the government’s decision made at the cabinet meeting on Friday at the Peace Palace. The 80MW Stung Pursat hydropower project will be built in Pursat’s Veal Veng district. Government spokesman Phay Siphan…
Source: FN Cambodian Prime Minister Hun Sen called on effective policy formulation to ensure safe energy production with minimized impacts on environment, addressing at the cabinet meeting on Friday at the Peace Palace. According to the Premier, environmentalists always block the construction of hydropower and energy production. He urged the green groups to balance between…
Source: FN The Council of Ministers of Cambodia met Friday at the Peace Palace to discuss Draft law on oil management and other agendas. According to the government’s spokesman Phay Siphan, the today’s agendas include: 1. Draft law on oil and oil products management 2. Investment on the 80MW Stung Pursat hydropower project and 60MW…
Source: FN Cambodia decided to cancel the deal with Turkey’s electric-generating ship due to disagreement on some conditions, particularly the timely inconvenience, according to Prime Minister Hun Sen at the cabinet meeting on Friday at the Peace Palace. The ship expects to arrive Cambodia in early May; otherwise, the deal will be canceled, Electricite du…