Brief Report “ODA News and Donors’ Activities in Cambodia” Monday- Saturday (September 3- September 8, 2007)

Newspapers Appearing on the Newsstand:
Monday, 3 September 2007

Rasmei Kampuchea, Vol.15, #4379, 2-3.9.2007

— 60 Cambodian Soldiers Get Scholarships to Study in China

Newspapers Appearing on the Newsstand:
Thursday, 6 September 2007

Rasmei Kampuchea, Vol.15, #4382, 6.9.2007

· Cambodia and Egypt Plan to Sign Agreement on Economic Cooperation

Newspapers Appearing on the Newsstand:
Friday, 7 September 2007

Rasmei Kampuchea, Vol.15, #4383, 7.9.2007

· Samdech Hun Sen “the Government wants to establish stock market in 2009”- There are over 400 companies who have abilities to engage in stock exchange

Keat Chhon, Senior minister and minister of Economy and Finance Thursday announced plans to set up the stock market in Cambodia which will be managed by the Ministry of Economy and Finance with the cooperation with Korean Exchange that declared the launch of “Securities Market Establishment Project” on Thursday, September 6, 2007 by Prime Minister Hun Sen. This stock market will establish in 2009.

Newspapers Appearing on the Newsstand:
Friday, 8 September 2007

Koh Santepheap, Vol.40, #6139, 8-9.9.2007

Korea International Cooperation Agency (KOICA) Volunteers to Help Cambodia

Brief Report: (From Internet)

1- Cambodia, SKorea open stock exchange project

Last Updated: 6-September-2007 09:55:34

Cambodia Thursday launched a project to establish the country's first securities market, partnering with South Korea in a programme that hopes to see a stock exchange established by 2009.

 

Source: http://www.sharewatch.com/story.php?storynumber=17036

 

2- Cambodia Plans to Set Up Stock Market by 2009 in Effort to Expand Its Economy

 

The Cambodian government Thursday announced plans to set up a stock market in the next two years in an effort to mobilize capital as part of an effort to expand its economy.

 

Source: http://biz.yahoo.com/ap/070906/cambodia_stock_market.html?.v=1&printer=1

 

3- South Korea to help Cambodia set up stock market

 

Seoul would spend $1.8 million on training and help set up the technology of the modern stock market Cambodia planned to open in 2009, Prime Minister Hun Sen said on Thursday, three months after announcing the country would set up a bourse.

 

Source: http://asia.news.yahoo.com/070906/3/37hgf.html

 

4- S. Korean Company starts building schools for Cambodia

 

The Booyoung Co., Ltd from South Korea has started to build 300 school buildings in Cambodia, local media said Wednesday. "This donation from South Korea is good and real humanitarian behavior which aims at developing the human resources in Cambodia,” Cambodian Deputy Prime Minister Sok An was quoted by the Koh Santepheab newspaper as saying

 

Source: Xinhuahttp://english.people.com.cn/90001/90777/6255813.html

 

5- Japan Gives $4 Million to Deminers

 

Japan will grant $4 million to the government demining authority, for the development of better techniques and equipment as it struggles to rid itself of a lasting legacy of war. The money would go to the Cambodian Mine Action Center, which helps Cambodia play an important role in developing mine clearance methods used around the world, Japanese Ambassador Shinohara Katsuhiro said Thursday morning, in a ceremony that was also attended by Foreign Minister Hor Namhong.

 

Source: http://www.voanews.com/khmer/2007-09-06-voa4.cfm

 

6- China, Cambodia pledge cooperation in fighting corruption

 

"China would like to deepen exchanges and cooperation with Cambodia in various fields including fighting corruption and administrative supervision," said He Yong, deputy secretary of the Central Commission for Discipline Inspection of the Communist Party of China (CPC), when meeting with Cambodian Minister of the National Assembly and Senate Relations and Inspections Men Sam An.

 

Source: Xinhuahttp://english.people.com.cn/90001/90776/6255773.html

 

7-WB donates 70 mln USD for three development projects in Cambodia

 

The World Bank (WB) has signed agreements with the Cambodian government to grant the kingdom 70 million U.S. dollars of aid to support three development projects, local media said on Thursday. Among the money, 18.5 million U.S. dollars will go for an energy project along the Mekong River, 15 million U.S. dollars for a poverty reduction project, and the rest for a rural investment and local governance project, Cambodian-language newspaper the Koh Santhepheab quoted Nisha Agrawal, WB's country director, as saying.

 

Source: Xinhua

 

Ki-Media: http://ki-media.blogspot.com/2007/09/wb-donates-70-mln-usd-for-three.html