AKP- News

 

AKP/01

NA Approves Two Draft Laws

 

Phnom Penh, July 2, 2009 AKP --

 

Two important documents were approved by the National Assembly in a session held last Tuesday under the chairmanship of its president Samdech Akka Moha Ponhea Chakrei Heng Samrin.

 

The first document is the selected Protocol of the Convention on the Elimination of All Forms of Discrimination against Women. 93 of the 96 lawmakers voted for this 21-article protocol.

 

The protocol is aimed at raising public awareness about human rights’ norms related to discrimination against women, ameliorating the existing mechanisms for the protection of women’s rights and encouraging changes in all laws containing discrimination, said Minister of Women Affairs and Government’s Representative Mrs. Ung Kanthaphavy said.

 

The second draft law, approved by 92/93 lawmakers, is an agreement between the Royal Government of Cambodia and the Government of India on detainees’ deportation. --AKP

(By KHAN Sophirom)

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AKP/02

State Bond Market Takes Steps in Cambodia

 

Phnom Penh, July 2, 2009 AKP -- 

 

State bond market in Cambodia is taking important steps in developing the national economy, said a high-ranking economy and finance official.

 

Speaking Tuesday at the opening of workshop on “State Bond Market Development in Cambodia”, Keat Chhon, Deputy Prime Minister and Minister of Economy and Finance, said the issuing of bonds respond to the need for financial resources to support the development projects of the Royal Government of Cambodia.

 

However, he said, it did not mean that the government would use the state bond market mechanism to bring together the funding from development partners or that the government would use their funding forever.

 

He indicated that the state bonds would serve as an important reserve source of funding in support of the government’s development projects. --AKP

(By Ravuth)

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AKP/03

Cambodian People Welcome the Withdrawal of Cambodia from Trade Black List

 

Phnom Penh, July 2, 2009 AKP -- 

 

            The Cambodian people are very proud and welcome the United States’ decision to take Cambodia off a trade blacklist.

 

            The comment was made here last Monday by Gen. Sao Sokha, deputy commander-in-chief of the Cambodian Royal Armed Forces (RCAF) and commander-in-chief of the gendarmerie during his meeting with Col. Brock, chief of the U.S. military assistance cooperation mission to Cambodia.

 

            “It is a constructive act and a good mean contributing to reduce poverty in Cambodia,” said Gen. Sao Sokha.

 

            For his parts, Col. Brock, who has just finished his two-year mission in the kingdom, recalled the fruitful cooperation between the two armies, particularly the anti-terrorism, anti-drug trainings and the training of the forces for the UN peacekeeping mission.

 

            He further confirmed his country’s position to continue its cooperation with Cambodia.

 

            Recently, U.S. President Barack Obama said that Laos and Cambodia had “ceased to be a Marxist-Leninist country,” a designation that prevented financial support by the U.S. Export-Import bank.

 

            The United States removed the Southeast Asian nations of Laos and Cambodia from the trade blacklist, opening the door for U.S. loans to companies doing business in the two counties. --AKP

(By SOKMOM Nimul)

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AKP/04

Cambodia Troops Returned From Military Exercise in Indonesia

 

Phnom Penh, July 2, 2009 AKP --

 

Cambodian troops of 37 military officers returned home last Tuesday from the multi-national peacekeeping exercise Garuda Shield 09 in Indonesia held from June 16-30 in Bandung.

 

            Eleven countries – Cambodia, the Philippines, Thailand, Bangladesh, Mongolia, India, Tonga, Sri Lanka, Nepal, the U.S. and Indonesia – participated in the event conducted in the framework of the Global Peace Operations Initiative (GPOI).

 

            Gen. Sem Sovanny, director general of the National Management Center for Peacekeeping Forces and ERW (Explosive Remnant of War) Clearance highly appreciated the success of the Cambodian troops at the Garuda Shield 09.

 

            This group will be sent to a military exercise of the same kind in Mongolia scheduled in August 2009, he added.

 

            Cambodia had taken part in many military exercises such as Khaan Quest 07 in Mongolia in 2007 and Shantidoot-2 in Bangladesh in 2008. The kingdom will host a large-scale ASEAN-U.S. military exercise in 2010. --AKP     

(By LIM Nary)

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AKP/05

Cambodia Donates US$1.2 Million to World Food Program to Reduce Hunger

 

Phnom Penh, July 2, 2009 AKP --

 

 

Cambodian government on Wednesday donated US$1.2 million to World Food Program to help reduce the hunger and malnutrition in this country, Chinese News Agency Xinhua quoted WFP statement as saying.

 

The statement released Wednesday said the donated fund will help provide food assistance to over 800,000 poor rural Cambodian people affected by food insecurity brought on by last year's high food prices and this year's global economic crisis.

 

“WFP is very grateful for this generous contribution,” said Jean-Pierre de Margerie, WFP Cambodia's representative.

 

According to the statement, it's the third donation from Cambodian government to WFP since 2007, but did not elaborate the total amount contributed.

 

Yim Chhay Ly, deputy prime minister and chairman of Council for Agriculture and Rural Development said Cambodia remains fully committed to support such objectives.

 

WFP is supporting Cambodia's government in its efforts to improve the food security of Cambodia through all its activities, assists nearly one million of the poorest and most food insecure people in the country.

 

WFP also, in addition to school feeding, implements operations in support of mother and child health, support TB and HIV patients, and project that support the creation of agricultural assets. --AKP

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AKP/06

Malaysia Seeks Potential Cooperation with Cambodia

 

Phnom Penh, July 2, 2009 AKP --

 

            Malaysian investors were seeking the potential cooperation with Cambodia in a seminar held here on June 30 in the presence of Mr. Sun Chanthol, senior minister and vice president of the Cambodian Development Council.

 

            During the seminar, Mr. Sun Chanthol gave a presentation, briefing the Malaysian investors of the investment opportunity in Cambodia. He further confirmed the country’s political and macroeconomic stability.

 

            “The Royal Government of Cambodia has been working closely with private sector for the economic development and providing coordination [to investors] through existing mechanisms,” he stressed.

 

            Cambodia, he added, wants Malaysia to invest in light industry, which helps create more jobs for Cambodian people.

 

            For his parts, Mr. Mohamed Hashim Abdul Ghani, director of Investment Abroad Promotion Department of Malaysia, noted that Cambodia has potentiality in many sectors. He therefore encouraged Malaysian investors to examine their possibilities to invest in Cambodia. --AKP

(By CHEA Vannak)

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AKP/07

Cambodia’s ACLEDA Bank Plc Opens New Subsidiary Office in Laos

 

Phnom Penh, July 2, 2009 AKP --

 

            ACLEDA Bank Plc of Cambodia opened its new subsidiary office in Vientiane, Laos, in a ceremony held on June 29 in the presence of the banking officials of the two countries, according to an official of ACLEDA Bank Plc.

 

            It is the fourth time that the banking service of the new subsidiary office is launched here, said Phorn Narin, general director of ACLEDA Bank Laos Ltd., the main office was inaugurated in July, 2008 and two other subsidiaries in Lao provinces were in use in October, 2008.

 

            ACLEDA Bank Plc of Cambodia put an investment of 100,000 million kip (Lao currency roughly equal to US$11,750,000) in banking sector, he said.

 

            The bank planned to extend its subsidiary to other provinces, cities and districts in Laos in the future, he added.

 

            Its objective is to provide banking services to smallest-, small- and medium-sized enterprises and the public to handle effectively the financial resources, he said. --AKP

(By THOU Poeu)

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AKP/08

Foreign Exchange Rates in Cambodia

 

Phnom Penh, July 2, 2009 AKP --

 

            The following are the foreign exchange rates against the Riel (Cambodian Currency) released by the National Bank on July 2.

 

CURRENCIES

CONVENTION

UNIT

BID

ASK

AVERAGE

1

U.S Dollar

KHR/USD

1

4160

4168

4164

2

Special Drawing Right

KHR/SDR

1

6441

6441

6441

3

Australian Dollar

KHR/AUD

1

3366

3400

3383

4

Canadian Dollar

KHR/CAD

1

3620

3656

3638

5

China Yuan

KHR/CNY

1

609

615

612

6

European Euro

KHR/EUR

1

5885

5944

5915

7

Britain Pounds

KHR/GBP

1

6862

6931

6897

8

Hong Kong Dollar

KHR/HKD

1

537

537

537

9

Indonesian Rupiah

KHR/IDR

1000

408

412

410

10

Japanese Yen

KHR/JPY

100

4314

4357

4335

11

Korean Won

KHR/KRW

100

330

334

332

12

Malaysian Ringgit

KHR/MYR

1

1184

1196

1190

13

New Zealand Dollar

KHR/NZD

1

2668

2694

2681

14

Philippine Peso

KHR/PHP

100

8665

8752

8708

15

Swedish Krona

KHR/SEK

1

549

554

551

16

Singapore Dollar

KHR/SGD

1

2878

2907

2892

17

Thai Baht

KHR/THB

1

122

123

123

18

Switzerland Franc

KHR/CHF

1

3870

3908

3889

19

Taiwan Dollar

KHR/TWD

1

127

128

128

20

Vietnamese Dong

KHR/VND

1

234

236

235

21

Indian Rupee

KHR/IND

1000

8685

8772

8728

--AKP

AKP/01

NA President Calls On Brunei to Continue Its Investment in Cambodia

 

Phnom Penh, July 1, 2009 AKP --

 

            National Assembly President Samdech Akka Moha Ponhea Chakrei Heng Samrin has called on Brunei to continue to push its investment in the fields of economy and tourism for both countries and peoples’ mutual benefit.

 

            The appeal was made here on June 29 when he received newly appointed Brunei Ambassador to Cambodia Mr. Pegiran Seri Indera Pegiran Haji Ismail.

 

            On the occasion, Samdech Heng Samrin further informed the Brunei diplomat of the Cambodia's stability and peace, which he said provide favorable conditions for the country’s development.

 

            In response, the Brunei ambassador recalled the good relations and cooperation between the two countries, especially the exchange of high level delegation. He also thanked Cambodia for having supported Brunei on all international arenas.

 

Both sides expressed their satisfaction for the increase in the Cambodia-Brunei economic, commercial, cultural, diplomatic exchanges.

 

Cambodia and Brunei have recently signed an agreement on rice import from Cambodia on some 1,500 tones for the first year. --AKP      

(By LIM Nary)

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AKP/02

Cambodian Premier Warns Thailand Not to Fly its Military Planes Over Cambodian Territory

 

Phnom Penh, July 1, 2009 AKP --

 

Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen warned Thailand not to fly its military planes over Cambodian territory, saying his armed forces have been newly equipped with modern weapons.

 

The Cambodian premier said this, while presiding over a university graduation ceremony at the National Institution of Education here yesterday, in which diplomas were awarded to 975 graduates from the University of Norton.

 

He added that he could not control those who pulled the gun’s trigger.

 

In the meantime, the Cambodian premier clarified the cause of an ammunition truck explosion in Takhmao provincial town, saying that the explosion was sparked after a member of his bodyguard unit stuck soap on a fuel leak and other lighted a cigarette lighter near a truck loaded with rockets for the border destination.

 

 He said the bodies of rockets detonated, but their heads were not yet fixed, adding that Cambodia has had such a kind of rockets a long time, not just now.

 

 He said Cambodia has no intention of showing off the strength of the country’s weapons or any will to have warfare, but in the future they will be stored additionally at those areas to be used only for self-defense rights. --AKP

(By THOU Peou)

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AKP/03

Cambodia Marks the 7th National Fishery Day

 

Phnom Penh, July 1, 2009 AKP --

             

            Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen presided over this morning the 7th National Fishery Day held at Veal Vong natural lake of Damnak Chang Er, Kep province.

 

            The National Fishery Day is very important in pushing people to contribute in protecting and developing fishery resource, aiming at managing and using sustainably the fishery resource, said Samdech Techo Hun Sen.

 

            He further called on people to help preserve flooding forests, an important living source for people, animals, plants and other biodiversity.

 

            The premier also made recommendations to the Ministry of Agriculture and local authorities on the effective management and preservation of the fishery resource.

 

            According to Minister of Agriculture, Forests and Fisheries Chan Sarun, some one million baby fish and other fish species were released on the occasion. --AKP

(By SOKMOM Nimul)

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AKP/04

Japan Praises CMAC

 

Phnom Penh, July 1, 2009 AKP --

 

            Japan has praised Cambodian Mine Action Center (CMAC) for its works and its high capacity in providing mine clearance training to Columbia and other countries.

 

            During his meeting here last Monday with CMAC General Director Heng Rattana, Mr. Junya Matsuura, director of Disarmament, Non-Proliferation and Science Department’s Conventional Arms Division of the Japanese Ministry of Foreign Affairs, expressed his government’s stance in further assisting mine clearance activities in Cambodia.

 

            For his parts, Mr. Heng Rattana told Mr. Junya Matsuura of CMAC experiences and asked the Japanese government and people to continue their assistance to CMAC for 2010-2019. --AKP

(By CHEA Vannak)

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AKP/05

Foreign Exchange Rates in Cambodia

 

Phnom Penh, July 1, 2009 AKP --

 

            The following are the foreign exchange rates against the Riel (Cambodian Currency) released by the National Bank on July 1.

 

CURRENCIES

CONVENTION

UNIT

BID

ASK

AVERAGE

1

U.S Dollar

KHR/USD

1

4160

4168

4164

2

Special Drawing Right

KHR/SDR

1

6463

6463

6463

3

Australian Dollar

KHR/AUD

1

3345

3379

3362

4

Canadian Dollar

KHR/CAD

1

3574

3610

3592

5

China Yuan

KHR/CNY

1

609

615

612

6

European Euro

KHR/EUR

1