Source: FN
Cambodian Prime Minister Hun Sen expressed his pride that the Government of Cambodia survived after Vietnam withdrew its aid in 1989, addressing Thursday on the occasion of the 40th Anniversary of the establishment of National Bank of Cambodia.
“There is no governments in this world or in Asia that survived after the withdrawal of foreign aid. Only Cambodia’s Administration under Heng Samrin and Hun Sen,” said Prime Minister.
“Lon Nol failed after America withdrew aids; South Vietnam collapsed after the US...Read More
Source: FN
Prime Minister Hun Sen expressed satisfaction over the growth of Cambodia’s banking sector over the past 40 years, speaking Thursday on the occasion of the 40th Anniversary of the establishment of National Bank of Cambodia.
The premier has observed that the most significant role of the National Bank is stabilizing the value of Khmer Riel, which only changes in circle of 1 percent with low inflation rate in circle of 3 percent.
“Banking sector in Cambodia has developed proudly over the...Read More
Source: FN
A large German company, which has been investing in Cambodia for over 20 years, has announced to continue its investment in the kingdom.
Markus Lorenzini, CEO of Siements Company, praised Cambodia’s economy progress and pledged to continue investing in the kingdom, speaking in a courtesy call on Cambodian Premier Hun Sen on Tuesday, 8 October 2019, at the Peace Palace.
“Our company has good cooperation with Cambodian Ministry of Mines and Energy. The stability of energy plays important role in attracting...Read More
Source: FN
Cambodian Prime Minister Hun Sen unveiled the reasons the government ended all kinds of online gambling, pointing out to low taxes and social issues.
“Online gambling gives us low taxes, but brings about many issues like crime and money laundering,” the premier spoke in a Tuesday meeting with 40 Chinese investors with their first name “Hun”, held at the Peace Palace Phnom Penh.
“Even though the kingdom adheres to free market regime, her economy does not depend on gambling. We prefer...Read More
Source: FN
Cambodian Prime Minister Hun Sen announced to host Water Festival – boat racing ceremony – in November 2019 even if the water level is as shallow as one meter high.
The announcement was made during a meeting with A graders, held Monday at the Peace Palace.
“Today the water in front of the Royal Palace is only 6.5 meters high, so this year, it is possible for the water level to be at below 5 meters during Water Festival; yet I...Read More
Source: FN
Cambodian Prime Minister Hun Sen awarded an iPad, USD 500, books and other souvenirs to each of the 443 grade “A” students of academic year 2019, speaking in a meeting with A graders, held Monday at the Peace Palace.
Prime Minister announced that he is satisfied with the education reform led by Minister of Education Hang Choun Naron.
The premier conveyed congratulations to all the students who passed the national exam and encouraged those who failed to continue education, whether retaking...Read More
Source: FN
Cambodia Prime Minister Hun Sen called on Cambodian-Vietnamese authorities and people to maintain the implanted complementary boundary pillars, and transform the border areas to zones of peace, friendship, cooperation, and development for the harmony of the two people.
The urge was made while addressing the Review Conference on Cambodia-Viet Nam Land Boundary Demarcation, held in Ha Noi on Saturday morning.
“I would like to call on the local authorities and people of both countries to join together to maintain the border...Read More
Source: FN
Cambodia Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phuc, on Saturday morning, signed the agreement to acknowledge the completion of 84 percent of border demarcation.
Both leaders expressed satisfaction over this historical achievement.
“This fruitful achievement derives from mutual understanding and common solutions on the ground of traditional friendship and brotherhood,” Premier Hun Sen addressed before signing the agreement at the Review Conference on Cambodia-Viet Nam Land Boundary Demarcation in Ha Noi.
He also considered the achievement of...Read More
Source: FN
Cambodian Prime Minister Hun Sen announced to hold an annual meeting with Vietnamese investors in Cambodia on the eve of the Chinese-Vietnamese New Year, addressing at a bilateral meeting between Cambodian Prime Minister Hun Sen and Vietnamese Prime Minister Nguyễn Xuân Phúc in Ha Noi on Friday.
Prime Minister also welcomed the wise decisions of all foreign investors, especially Vietnamese investors, who have chosen and aimed to make Cambodia a high potential investment destination for entrepreneurs.
“I would like to call...Read More
Source: FN
Cambodian Prime Minister Hun Sen has pledged to support the establishment of the Cambodia-Vietnam Special Economic Zone at borders of the two countries, addressing at the Viet Nam-Cambodia Investment and Trade Promotion Conference on Friday in Ha Noi, Viet Nam.
The premier pointed out that the SEZ could be established in Memot district, Tbong Khmum province, where he used to enter Viet Nam to liberate Cambodia from the Pol Pot genocidal regime and it was an important landmark 42 years ago.Read More
Source: FN
Cambodian Prime Minister Hun Sen said that in the first seven months of 2019, Cambodia receives over 470,000 Vietnamese tourists, an increase of 4.6 percent compared to the same period in 2018, addressing at the Viet Nam-Cambodia Investment and Trade Promotion Conference on Friday in Ha Noi, Viet Nam.
The premier added that the number of Vietnamese tourists visiting Cambodia ranked the 2nd in 2017 and 2018. At the same time, the number of tourists from both countries is expected to...Read More
Source: FN
Cambodian Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Xuan Phuc agreed to support Timor-Leste to become ASEAN member in the near future, addressing at the Vietnam-Cambodia Investment and Trade Promotion Conference on Friday in Ha Noi, Viet Nam.
“We agree to support Timor-Leste to join ASEAN in the future. With Timor Leste’s efforts, ASEAN leaders should welcome Timor-Leste to become an ASEAN member and, perhaps, it is the most appropriate time for Timor-Leste to attend a meeting to be...Read More
