PHNOM Penh will host Vietnam's biannual High Quality Products exhibition September 2-6, Vietnamese Embassy Commercial Councillor Le Bien Cuong said Tuesday. The coming exhibition, which was first held in 2002, will feature 200 booths from 150 Vietnamese companies, he added. "The number of Vietnamese companies [at the event] has increased around 10 percent year on year," he said, adding that there are plans to expand the event to the provinces. Trade between the two neighbours fell 30 percent in the first six months of this year to US$637 million.
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New US bill ‘is a violation of Cambodian independence’After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty
Long way to go before Cambodia gets a ‘smart city’Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up
Japan bank buys major stake in ANZ Royal BankJapan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group
Ministry’s plan for net sparks fearsThe government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman