Residents to Shift from Thai Baht to Riel or US Dollar to Safeguard Against Potential Risks
Phnom Penh, October 6, 2025 — Samdech Akka Moha Sena Padei Techo Hun Sen, President of the Cambodian Senate, today issued a public message calling on Cambodian people, particularly those living along the border with Thailand, to urgently exchange Thai…
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Prime Minister Hun Manet Urges UN Secretary-General to Encourage Thailand to Pursue Peaceful Border Resolution
Tianjin, China – September 1, 2025 – Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, has called on United Nations Secretary-General António Guterres to encourage Thailand to avoid the use of military force in addressing…
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Can Cambodia secure tariff-free US market access amid MFN+0% hurdle?
Even as the United States prepares to wrap up its final assessment for another round of tariffs in a few months, Cambodia awaits further concessions with bated breath to lock in Most-Favoured-Nation status with zero additional duty — MFN+0. In simple…
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Cambodia, US–ASEAN Business Council Discuss Tourism Cooperation
Huot Hak, Minister of Tourism, held a pull-aside meeting with Herminio Bagro III, Chief Country Representative of the U.S.–ASEAN Business Council (US-ABC) in the Philippines, along with representatives from Expedia Group, Marriott International, Airbnb,…
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Grounded growth: What’s blocking Cambodia’s tourism recovery?
Cambodia’s tourism sector is at the crossroads. For a little over one and a half years, there has been a steady downturn in tourist arrivals. The latest report from the Ministry of Tourism presents a staggering decline of 47.9 percent to 1.75 million in…
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UNCLOS talks pave way for maritime settlement, but compromise remains elusive
Synopsis: First conciliation meeting between Cambodia and Thailand establishes a framework for dialogue, but legal differences and political tensions may prolong proceedings. The first UNCLOS conciliation meeting has created an opening for Cambodia and…
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Third Round of 2027 Minimum Wage Talks Ends Without Agreement, Talks Resume Sept 28
The third round of negotiations on Cambodia’s minimum wage for 2027 ended on Friday with worker representatives maintaining proposed increases of $15.3 and $40.6, while employer representatives maintained the current $210 monthly wage, Minister of Labour…
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42 Chinese companies plan to explore investment opportunities in Kampong Speu
More than 42 Chinese companies from various industries have expressed interest in investing in Kampong Speu province, with plans to explore investment opportunities and potentially establish or expand operations in the province, according to Kampong Speu…
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California Gov. Newsom issues executive order to rein in AI ‘before it’s too late’
California Gov. Gavin Newsom on Friday issued an executive order aimed at addressing the potential dangers related to artificial intelligence. Newsom is part of a group of 2028 Democratic presidential hopefuls who have urged a more aggressive regulatory…
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GM touts new V-8 engines in revived ‘truck wars’ with Ford, Ram amid lackluster EV sales
DETROIT — The buzzing of all-electric vehicles has once again been overtaken by the revving of V-8 engines in the Motor City amid deregulation by the Trump administration and lackluster demand for EVs. General Motors followed Ford Motor this week in…
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Why more companies are fighting over consumers’ beauty, health and wellness spending
As consumers become more educated about the products they’re buying and look to make more holistic purchases, a new retail category is emerging. What were once three separate sections — beauty, health and wellness — have converged into one large category…
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Trump hits out at US central bank’s decision to hike interest rates
Live Reporting Edited by Kathryn Armstrong, Lisa Lambert and Dulcie Lee with business reporter Michael Race in Washington DC US interest rates raised for first time in three years US interest rates have been raised for the first time in more than three…
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OpenAI boss says world ‘right to be afraid’ but should trust AI firms
The boss of ChatGPT-maker OpenAI says people should have more faith in AI firms to keep the tech safe, amid rising public concerns about the risks. “The world should trust that we are going to do the right thing because it’s the right thing…
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EU chief backs plan for Canada to become ‘associate member’
The president of the European Commission has backed proposals for Canada to become the EU’s first “associate member”. Ursula von der Leyen told the European Parliament on Wednesday she wanted to work on “opening the door”…
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Brent crude hits $100 a barrel as US strikes Iranian oil tankers
Brent crude touched $100 a barrel on Wednesday, its highest since July. US diesel prices hit a record $5.90 a gallon on Tuesday, according to AAA. US stock futures fell in premarket trading, with Dow futures down 0.57%. Brent crude, the global oil…
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Nvidia stock: Should investors buy the dip amid AI slowdown fears?
Nvidia stock fell nearly 3% as AI slowdown fears hit chipmakers. Bernstein says investors should buy weakness in Nvidia and Broadcom. SpaceX and open-source AI could support Nvidia chip demand. Nvidia stock NVDA fell nearly 3% on Monday as concerns over…
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