Source: FN
In the first six months of 2019, Council for the Development of Cambodia has approved 153 projects worth about $5.2 billion, Prime Minister Hun Sen addressed at the Sri Lanka-Cambodia Business Forum, held Wednesday at the Sofitel Phnom Penh.
As far as investment is concerned, Cambodia remains a target country with potential for both local and foreign investors.
According to the Council for the Development of Cambodia (CDC), Cambodia’s investment outlook has improved over the past five years (2014-2018) with 959...Read More
Source: FN
Cambodian Prime Minister Hun Sen informed investors and business people five potential reasons to invest in Cambodia, speaking at the Sri Lanka-Cambodia Business Forum, held Wednesday at the Sofitel Phnom Penh.
The five potential features include:
First, political and macro-economic stability: after 1979, Cambodia worked very hard, using one hand to prevent the return of the genocidal regime and the other to develop the economy from scratch. Back then, the country was unfairly surrounded by external forces, which persisted until the...Read More
Source: FN
The growth of tourists visiting Cambodia provides a promising opportunity for investors and business people to invest in tourism sector, Prime Minister Hun Sen addressed at the Sri Lanka-Cambodia Business Forum, held Wednesday at the Sofitel Phnom Penh.
“Cambodia welcomed about 6.2 million tourists in 2018, and numbers are expected to rise to around 7 million in 2020 and 11 million in 2025, thus providing a promising opportunity for investors and business people to invest in this sector, the premier stated...Read More
Source: FN
The exchange visits of leaders of Cambodia and Sri Lanka has made the two countries’ relations grown more amicable, Cambodian Prime Minister Hun Sen addressed at the Sri Lanka-Cambodia Business Forum, held Wednesday at the Sofitel Phnom Penh.
“Cambodia and Sri Lanka established diplomatic relations more than six decades ago in 1952 but diplomatic ties were disrupted from 1975 by the Cambodian civil war. Both countries re-established diplomatic relations on 6 August 1996 and have grown more amicable through exchanges of...Read More
Source: FN
Cambodian Prime Minister Hun Sen, on Monday, urged graduated Cambodian police officers to use their skills effectively in order to maintain national security, speaking Monday at the Cambodian Police Academy in Kandal province.
“Shifting from the People’s Republic of Kampuchea to State of Cambodia to the Kingdom of Cambodia, we have always regarded peace, political stability, security, and social order as the foundation for the development of our nation,” said Prime Minister.
“A nation can not be developed without peace, stability,...Read More
Source: FN
Cambodian Prime Minister Hun Sen, on Monday, announced to aid the construction of a five-storey building for Cambodian Police Academy, worth of USD 1 million, to provide training to Cambodian police officers, speaking Monday at a graduate ceremony of Cambodian Police Academy in Kandal province.
“We must have a good training facility to strengthen the training capacity,” said the premier.
The budget for the construction of the National Police Academy’s building is not a national budget, but a fund from donors,...Read More
Source: FN
Cambodia’s Prime Minister Hun Sen advised the next generation leader not to change the leadership of Ministry of Interior and to keep National Police under the management of interior, speaking Monday at a graduate ceremony of Cambodian Police Academy in Kandal province.
Prime Minister commended the Ministry of Interior for playing important roles in public administration reform and armed forces reform and that the Ministry of Interior and National Police are important operators in maintaining peace, stability and security and social...Read More
Source: FN
Cambodia’s Prime Minister Hun Sen announced to fight all forms of terrorism and money laundering, speaking Monday at a graduate ceremony of Cambodian Police Academy in Kandal province.
He stated that terrorism is a global challenge, pointing to a recent mass shooting in Texas and multiple blasts in Bangkok during regional summit attended by world leaders.
“We must be cautious, as ISIS have arrived this region [Southeast Asia] through the Philippines. ISIS can be anywhere, but we can not let Cambodia...Read More
Source: FN
Cambodia’s Prime Minister Hun Sen, on Monday, reminded all officials to work together to keep Cambodia’s economic growth at a rate of 7% per annum, speaking at a graduate ceremony to more than 1,000 police officers at the Cambodian Police Academy in Kandal province.
“If Cambodia’s governance is dirty, Cambodia’s economy could not achieve a 7-percent growth in gross domestic product (GDP), the highest among any other ASEAN Member States according to Asian Development Bank (ADB),” Prime Minister stated.
“We must...Read More
Source: FN
Prime Minister Hun Sen reiterated that Cambodia absolutely banned the imports of waste for incineration for energy, according to the press release of cabinet meeting held Friday at the Peace Palace.
“Prime Minister promotes turning local waste into energy and solving landfill issues in Phnom Penh and Sihanoukville to protect environment,” the press release stated.
“Prime Minister underlined that Cambodia absolutely opposes importing foreign waste for recycling and burning for energy,” it added.
According to the joint press release of the...Read More
Source: FN
Cambodian Prime Minister Hun Sen firmly committed to implement the fifth approach, ‘surgery’, to dismiss any corrupted armed officials and seized their properties, speaking Friday at the cabinet meeting held at the Peace Palace.
Corruption has been observed to be a major obstacle to national development. The Royal Government of Cambodia has been actively fighting against corruption.
Recently, the director of Pursat Provincial Cadastral Office and two other officials were arrested on the ground of corruption by the Anti Corruption Unit...Read More
Source: FN
Cambodian Prime Minister Hun Sen, on Friday, presided over the Council of Ministers meeting at Peace Palace, Phnom Penh.
The agenda of the meeting includes: the Draft Law on Social Security Scheme; Draft National Policy on Khmer Language; and other issues, requesting the Cabinet’s approval for ratification from the legislature on the Agreement between the Kingdom of Cambodia and the Organization for the Prohibition of Chemical Weapons (OPCW) on privileges and immunities for OPCW.
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