A Japan Grant Aid Agreement USD 365,923 for three irrigation and healthcare projects in Cambodia was signed here yesterday by Japan’s Ambassador to Cambodia Mr. Masafumi Kuroki and the projects’ representatives.
A ceremony for Safely Neutralizing Precursor Chemicals and Safe disposal of Safrole-Rich Oil seized by law enforcement agencies was held in Battambang province on Jan. 28 under the presidency of H.E. Ke Kim Yan, Deputy Prime Minister and Chairman of National Authority for Combating Drugs with the participation of Ms. Margaret Adamson, Australian Ambassador to Cambodia, Mr. Richard Standfort, Manager International of Australia Federal Police, Battambang Provincial Governor H.E. Prach Chan and many other officials.
Addressing the ceremony, H.E. Ke Kim Yan said today we destroyed drug ingredients and Safrole-rich oil which were seized in 2009 by the law enforcement agencies from the provinces of Preah Sihanouk, Kampong Chhnang, Pursat, Battambang and Phnom Penh Capital City.
In his keynote remarks, Prime Minister Techo Hun Sen highly appreciated the Royal Cambodian Armed Forces for their heroic and disciplinary performances together with their sacrifices for the sake of defending the national territorial integrity and sovereignty.
The premier also urged military men at all levels, especially the commanders of the army, to focus on further strengthening on real human resource development.
He also called on for research studies to enhance the defense knowledge and other skills such as information technology as well as strengthening the international cooperation on military sector in both regional and global framework, aiming to develop and modernize the defense sector of Cambodia to be more competent and consistent with evolving situation and development of the nation and the world as a whole.
Outgoing Chinese Ambassador to Cambodia Mrs. Zhang Jinfeng bids farewell here yesterday to Deputy Prime Minister H.E. Keat Chhon, Minister of Economy and Finance.
In the meeting, H.E. Kaet Chhon expressed thanks to the Chinese diplomat and government for providing assistance and support on the rehabilitation and development of Cambodia.
The Ministry of National Defense holds a workshop here yesterday to review its past five-year reforming works of the Royal Cambodian Armed Forces (2005-2009) and put forth new five-year (2010-2014) objectives.
Addressing the workshop, Deputy Prime Minister and Minister of National Defense H.E. Gen. Tea Banh, who was presided the event, asked all the participants to concentrate in their thorough discussion on the current and future prioritized works.
Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen and Mrs. Zhang Jin Feng, Ambassador of China to Cambodia inspect and drive bulldozers while presiding over the groundbreaking ceremony for the restoration of National Road No. 62 in Kampong Thom province on Jan. 27.
A 128-km long road linking Kampong Thom province to Preah Vihear province’s Tbeng Meanchey is being reconstructed by the credit loan from the China plus the budget of the royal government of Cambodia at the total cost of USD 52 millions.
Addressing the ceremony, Samdech Techo Hun Sen said the rehabilitation and reconstruction of the National Road No. 62 will provide the golden-diamond opportunities for the regional linking and Siem Reap province, which will attract more national and foreign tourists to visit Angkor Wat temple as well as provide more jobs for Cambodian people to improve their daily incomes.
H.E. Sok An Deputy Prime Minister and Minister In Charge of the Office of the Council of Ministers presides over here this morning the closing ceremony of the Ministry of Culture and Fine Arts’ annual meeting (2009) to review its past achievements and set forth new objectives for (2010).
In his closing remarks, H.E. Sok An said the royal government of Cambodia has granted a high priority on the culture and fine arts by considered them as the Khmer national soul and identity with priceless and the un-dried sources for the national economic development.
A two-day (Jan. 26-27) Conference on Modernization of Bank and Microfinance Industry of Cambodia was opened here yesterday by the National Bank of Cambodia.
In her opening remarks, H.E. Madame Tal Nay Im, Director General of the National Bank of Cambodia said Cambodia’s is in a good shape, comprising of the National Bank of Cambodia that act as a central bank of the country, 27 commercial banks, 2 foreign banks representative offices, 6 specialized banks, 20 licensed microfinance institutions and 26 registered microfinance operators which are under the regulatory and supervisory authority of the National Bank of Cambodia.
Most of the recent performance indicators suggest that the banking system is reasonably profitable, efficient, has adequate liquidity, and is well capitalized. On average bank have to maintain overall solvency at above 25% (33.5% in Nov. 2009) compared to the minimum prudential requirement of 15%.
Deputy Prime Minister H.E. Sok An, Minister in Charge of the Office of the Council of Ministers, meets here on Jan. 25 with Mr. Surya Subedi, UN Human Rights’ Special Rapporteur to Cambodia.
During the meeting, Mr. Surya Subedi told H.E. Sok An of his satisfaction with the progress of human rights respects in Cambodia and considered it as a good point in this country.
For his parts, Deputy Premier Sok An said that the royal government of Cambodia has considered the judicial system as the priority and important issue for the country to be reformed.
Newly appointed Ambassador of the Republic of Poland to Cambodia H.E. Jerzy Boyer pays a courtesy call on Cambodian Senate President Samdech Akka Moha Thomma Pothisal Chea Sim in Phnom Penh on Jan. 25.
On the occasion, the Poland’s diplomat pledged to review the school building project at Prek Tasek commune, Russey Keo district in Phnom Penh capital city.
In reply, Samdech Chea Sim proposed for the visit exchanges of the two countries’ delegations, particularly between the legislative bodies of the two nations on the legal field.
Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen receives here yesterday Mr. Oliver Stone, a well-known Hollywood movies producer.
In the meeting, Mr. Oliver Stone told Cambodian premier of visit here is to give his lecture on the “Bridges- Dialogues towards a Culture of Peace” program at the University of Cambodia.
In reply, Prime Minister Hun Sen warmly welcomed Mr. Oliver Stone to Cambodia and expressed thanks to the Hollywood for providing many documents related to the Khmer Rouge as well as his lecture to share experiences for Cambodia.
UN Human Rights’ Special Rapporteur to Cambodia Mr. Surya Subedi meets here yesterday with Cambodian lawmaker H.E. Mom Chim Huy.
During meeting, Mr. Surya Subedi appreciated the progress of Cambodia’s democracy and human rights respect in Cambodia as a good example for other countries.
Addressing the ceremony, Premier Techo Hun Sen said this is the first sugar factory among the eight investment projects on the sugar factory establishment and sugar cane plantation that were granted by the Royal Government of Cambodia through the economic land concession policy.
Prime Minister Hun Sen added that Cambodia is expected to produce between 156,000 to 204,000 tons of sugar annually from 2013.
He also appealed to all enterprises, handicrafts, industries and all people to strongly support the domestic products for the interests of Cambodia’s social-economic development.
The three-storey-building center was built by the financial support of DKC & C. Co. Ltd and Gyeong Sang Buk Doo province at the total costs of USD 8.7 millions.
Speaking on the occasion, Premier Techo Hun Sen, expressed on behalf of the government and people of Cambodia and himself, profoundly thanked to the government and people of the Republic of Korea for their encouragement and efforts to establish the above-said center in Cambodia.
The donation was handed over here yesterday by Deputy Prime Minister H.E. Kong Sam Ol, Minister of Royal Palace to Lok Chumteav Any Sok An, Vice President of Cambodian Red Cross.
The three-month training course was organized by the Association of Khmer Authors and attended by 71 trainees including 20 Buddhist monks.
In the meeting, Mr. Yoichi Hidenao highly appreciated the government of Cambodia for providing the investment opportunities to the Japanese companies to invest in Cambodia and the detailed information from H.E. Sok An as well.
In reply, H.E. Sok An said Cambodia welcomes all Japanese investors who wish to invest here.
National Assembly’s First Vice President H.E. Nguon Nhel holds a bilateral meeting here on Jan. 22 with a visiting H.E. Moon Hee Sang, Vice Speaker of the National Assembly of the Republic of Korea.
In the meeting, H.E Nguon Nhel asked his Korean counterpart to support Cambodia parliament as it will send its parliament member from the Legislation Commission to extract the experiences on anti-corruption law in South Korea.
In reply, H.E. Moon Hee Sang stated that Korea is happy to support and share all its experiences with Cambodia and will provide financial support to fight the corruption as well.
Deputy Prime Minister H.E. Keat Chhon, Minister of Economy and Finance, meets here yesterday with former Deputy Prime Minister and Minister of Economy of Australia Mr. Peter Costello.
On the occasion, Mr. Peter Costello told Deputy Premier Keat Chhon of his Finance Advisory Company’s purpose to invest in Cambodia’s agricultural field.
In reply, H.E. Keat Chhon expressed his welcomes and recommended the company to work with relevant institutions.
Deputy Prime Minister H.E. Keat Chhon, Minister of Economy and Finance, presides over here yesterday the seminar on “Securities Market and Private Sector in Cambodia”, co-organized by Securities and Exchange Commission of Cambodia and Financial Institute of Cambodia.
Addressing the seminar, H.E. Keat Chhon said in order to make securities markets’ smoothly operational, we need the active involvement of all relevant circles, particularly the private sector.
During his meeting with Premier Techo Hun Sen, Prof. Eric Stark Maskin said that the economic crisis which is being faced in Cambodia were not the faults of Cambodian leadership, it is the whole world’s crisis and caused by other major countries.
During the meeting, the Vietnamese minister told Samdech Hun Sen of the fruitful results over the meeting of Cambodian-Vietnamese joint cooperation commission on the human resource development, education and visit exchanges between the two countries.
Following on the same day, a visiting Mr. Moon Hee Sang, Vice President of Parliament of the Republic of Korea, pays a courtesy call on Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen.
On the occasion, the minister said the establishments of many television stations will help provide our people with more choices for their preferred channels as well as job creation for them too.
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