Germany Is Encouraging Investments in Cambodia – Saturday, 17.7.2010

Posted on 19 July 2010. Filed under: Week 673 | Tags: , , , , , , , , , , , , , , , , |

The Mirror, Vol. 14, No. 673

Note:

Apologies again for the delay – I am back in Phnom Penh, but I returned with a defective computer. I hope within one day to be up to date again.

Norbert Klein

“According to the German Embassy, German investments in Cambodia are small, but the Embassy is encouraging more to come while Germany is the biggest buyer of products from Cambodia among the other countries of the European Union.

“The deputy head of Mission of the German Embassy in Cambodia, Mr. Thomas Heilmaier, told Rasmei Kampuchea on 13 July 2010 that, even though Germany is a major commercial partner of Cambodia, the German Embassy wants to see a further increase in this field.

“He said, ‘The Embassy wants to see increasing commercial ties between Cambodia and Germany. I think there is potential in many sectors.’

“According to figures from a European delegation to Cambodia, among all member countries of the European Union that buy products from Cambodia, Germany is the biggest buyer. Germany receives as much as 31% of the products from Cambodia to the European Union, while the products from Germany to Cambodia are only 12% among other countries of the European Union.

“Besides Germany, other countries of the European Union buying from Cambodia are England with 29%, and Spain with 13%. Countries of the European Union exporting products to Cambodia are France with 36%, Belgium with 14%, and Italy with 11%.

“In addition to commercial ties, Mr. Thomas Heilmaier said that at present, Germany is trying to promote investment relations, though there are only a few German investors in Cambodia.

“He said, ‘In our efforts, the Embassy is maintaining good cooperation with the Chamber of Commerce of Cambodia.’

“He added that many German businesspeople and investors had visited Cambodia, but so far, many German companies still use their offices in Bangkok or in Vietnam to watch over the whole region.” Rasmei Kampuchea, Vol.18, #5252, 17.7.2010

Newspapers Appearing on the Newsstand:
Saturday, 17 July 2010

Kampuchea Thmey, Vol.9, #2303, 17.7.2010

  • The [Phnom Penh] Municipal Court Decided to Temporarily Suspend Detaining [Sam Rainsy Party parliamentarian] Mu Sochua, but Will Cut Her Salary [taking the fine and compensation for losing against Prime Minister Hun Sen’s defamation case from her salary at the National Assembly]
  • Cambodia Denied That an [anti-Thai government] Red Shirt Leader Is Hiding in Cambodia [after an accusation by Thai press The Nation]
  • The Ministry of Information Sued Khmer Amatak for Disinformation [after it published, on 5 July 2010, an article with a title “The 13th Anniversary of the Coup in July 1993 Signals that Hun Sen Has Gathered Power”]

Koh Santepheap, Vol.43, #7010, 17-18.7.2010

  • Prime Minister Hun Sen Is Completely Recovered [from swine flu and his eye problems], and He Presided over a Cabinet Meeting
  • A Gold Seller Was Fatally Shot and [Two] Robbers Took Away 370 Chi of Gold [US$538,350], US$3,000, Baht 5,000 [approx. US$150], and Riel 20 Million [approx. US$4,600 – Preah Vihear]

Moneaksekar Khmer, Vol.17, #3934, 17-18.7.2010

  • The World Inter-Parliament Meeting [held in Geneva] Concentrated on the Mistreatment of Parliamentarians by the Ruling Parties in 34 Countries [and asked the Cambodian government to stop suing opposition parliamentarian Ms. Mu Sochua]

Rasmei Kampuchea, Vol.18, #5252, 17.7.2010

  • Germany Is Encouraging Investment in Cambodia
  • So Far No Action Has Been Taken by the Authorities against the Champa Manpower Group after Its Irregularities Had Been Discovered [this company forced workers, including underage girls, to live in unhygienic conditions while receiving training before they are sent to work in Malaysia – Phnom Penh]

Have a look at the last editorial – you can access it directly from the main page of the Mirror.
And please recommend The Mirror also to your colleagues and friends.

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