PHUKET, Thailand — Finance ministers from the ASEAN plus three countries agreed Sunday to speed up the process of operationalising the Chiang Mai Initiative Multilateralization (CMIM), a regional foreign reserve pool in case of currency flow shortage. The agreement was reached at a special meeting on Sunday in Phuket in southern Thailand in a bid [...]
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In US, Cambodian Businesses Hurting
January 8th, 2009 
Cambodian News The economic downturn has begun hurting the US businesses of many Cambodian-Americans. “The clients won’t come, if there are a lot of layoffs in their work,†U Makara, who runs a sushi restaurant in the state of Michigan, said recently. “Sushi food is kind of an expensive food.†People who had come in to eat [...]
Japan-Mekong exchange year to be launched in Myanmar
December 26th, 2008 Cambodian News YANGON, Dec. 25 (Xinhua) — A Japan-Mekong exchange year will be launched in Myanmar’s former capital Yangon early next February to showcase the cooperation and friendship between Japan and Myanmar, one of the Mekong River valley countries, the local Biweekly Eleven News reported Thursday. The opening ceremony on Feb. 6, 2009 will be attached with [...]
PM welcomes Cambodian bank governor
December 19th, 2008 Cambodian News Prime Minister Nguyen Tan Dung has praised the cooperation between the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC), particularly an agreement signed during the NBC governor’s current working visit to Vietnam. While receiving an NBC delegation led by its governor Chea Chanto in Hanoi on December 18, PM Dung said [...]