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KB PRASAC Bank is delighted to unveil an exclusive promotion that aims to benefit both our valued clientele and the wider audience. For a limited period, extending up until 31 December 2024, we are waiving all charges on inward SWIFT transfers to any KB PRASAC account. This exceptional move is designed to streamline and make the process of receiving international funds more economical for our customers.

This waiver means that when you receive money from outside Cambodia into your KB PRASAC Bank account via SWIFT transfer, you will not be charged any additional fees. This initiative is part of our commitment to providing solutions that enhance the convenience and affordability of banking operations for our customers, ensuring they can manage their finances more effectively without worrying about extra costs.

We are eager for our customers to take advantage of this limited-time offer, emphasizing our role in facilitating your international transactions. To ensure you benefit from this cost-saving opportunity, direct your overseas senders to use the following specifics when transferring money to your KB PRASAC Bank account:

• Beneficiary Bank Name: KB PRASAC Bank Plc.
• Account Number: [Your Specific Account Number]
• Account Name: [Your Account Name as per Bank Records]
• Beneficiary Address: [Your Registered Address]
• Beneficiary Bank Address: Building 212, St. 271, Phum 4, Tuol Tumpung 2, Chamkarmon, Phnom Penh, Cambodia.
• Beneficiary Bank SWIFT Code: CZNBKHPP

Should you or your remitter require more detailed instructions on executing a SWIFT transfer, further information is available on the KB PRASAC Bank website dedicated to international funds transfer services.

By offering free inward fees on SWIFT transfers, KB PRASAC Bank aims to alleviate the financial burden on our customers, making it more feasible to receive funds from abroad. We understand the importance of such transactions and strive to support your financial needs with effective and rewarding banking solutions.

Don’t miss out on this remarkable chance to receive your international payments without the additional cost. Ensure to inform your overseas colleagues, friends, and family about this promotion, and choose KB PRASAC Bank for a seamless and cost-effective banking experience.

To explore more about how you can benefit from our SWIFT transfer service and this special promotion, please visit our dedicated page on the KB PRASAC Bank website- https://www.kbprasacbank.com.kh/km/personal/service/international-fund-transfer/swift-transfer/.

This promotion is a reflection of our continuous effort to innovate banking opportunities that favor our customers’ financial interests and support their global transactions.

Source: Fresh News

Phnom Penh (FN), Jul. 23 – The dedication of the outgoing Sri Lankan Ambassador to Cambodia, Colonne Appuhamillage Chaminda Inoka Colonne, was recognized by Cambodian Prime Minister Hun Manet for her influential role in fostering stronger ties between Cambodia and Sri Lanka during her term. The commendation took place as part of a farewell visit to the Peace Palace on July 22, 2023.

At this farewell gathering, Ambassador Colonne updated Samdech Thipadei on her concerted efforts and the strides made in enhancing and widening the scope of the two nations’ collaborative ventures, specifically in economic, trade, tourism sectors, and in establishing visa exemptions for holders of diplomatic and official passports.

Although Ambassador Colonne’s tenure in Cambodia has reached completion, she affirmed her commitment to continue promoting the potential of Cambodia to the people of Sri Lanka, advocating for further engagement and exploration by Sri Lankan businesses and tourists.

In his interactions, Samdech Thipadei praised Ambassador Colonne for her proactive and influential role in not just maintaining but also augmenting the diplomatic connections and collaborative actions between Cambodia and Sri Lanka.

The Cambodian Prime Minister pointed out that several sectors, including economy, trade, culture, and tourism, hold vast potential for deepening and widening the cooperation between the two countries. He emphasized that the existing opportunities could lead to substantial joint advancements that benefit both nations.

Adding to his observations, Samdech Thipadei mentioned the readiness of the relevant ministries and governmental institutions in Cambodia to engage in close collaboration with the newly appointed Sri Lankan Ambassador. The aim is to ensure a smooth transition and to continue building on the strong foundation laid by Ambassador Colonne.

The dialogue underscored a mutual appreciation for the progress achieved and a firm resolve to perpetuate the growth and strengthening of bilateral relations moving forward. Future collaborations, rooted in mutual respect and shared goals, are poised to open new avenues for prosperity and understanding between the two Asian nations.

Source: Fresh News

In a heartfelt address at the recent National Arbour Day event in Takeo province, King Norodom Sihamoni emphasized the importance of tree planting and environmental conservation for Cambodia’s future. Among the many supporters of this initiative, Angkor Plywood Group stands out as a leading advocate for sustainable development and reforestation efforts in the Kingdom.

Commitment to Sustainable Development

Founded with a deep respect for nature and a strong commitment to local communities, Angkor Plywood Group, under the visionary leadership of Lu Chu-Chang, has long been at the forefront of environmental stewardship. The company’s dedication to ethical sourcing, sustainable forestry practices, and community upliftment aligns perfectly with King Sihamoni’s call for continued support in greening Cambodia.

Reforestation Efforts

Angkor Plywood Group’s commitment to reforestation is evident in its extensive efforts to restore and expand Cambodia’s forest cover. The company has established a tissue culture laboratory and nursery in Kampong Thom to ensure the availability of high-quality seedlings. These seedlings are planted in various locations, including Kratie Province, where the company operates a significant plantation.

“Our meticulous approach to sourcing and planting seedlings underscores our dedication to environmental stewardship,” says Lu Chu-Chang, Managing Director of Angkor Plywood Group. “We are committed to supporting King Sihamoni’s initiative by contributing to the restoration and preservation of Cambodia’s forests.”

Since its inception, Angkor Plywood Group has planted thousands of trees across the country. The company’s reforestation projects aim to restore degraded lands and create sustainable livelihoods for local communities. By employing local workers in these projects, the company provides stable incomes and skill development opportunities, thereby reducing reliance on illegal logging and promoting environmental conservation.

Community Engagement

Angkor Plywood Group’s influence extends beyond environmental sustainability; it is deeply invested in the well-being of local communities. The company’s plantation in Kratie Province employs 196 local workers, many of whom previously relied on illegal logging for income. By providing sustainable employment opportunities, Angkor Plywood Group supports families and contributes to the preservation of protected forests.

“We believe that community engagement is crucial for the success of our reforestation efforts,” explains Lu Chu-Chang. “By involving local communities in our projects, we ensure that they become active participants in protecting and restoring our natural resources.”

In addition to providing employment, the company has established infrastructure to support community development. This includes building roads, clinics, and schools in the areas where it operates. These facilities aid the company’s logistics and benefit the local population by improving connectivity, healthcare, and education.

Technological Innovation

Recognizing the importance of technology in sustainable forestry, Angkor Plywood Group has invested in advanced techniques to enhance its reforestation efforts. The company’s tissue culture laboratory produces high-quality seedlings that are crucial for the sustainability of its plantations. Additionally, the company trains local workers to operate specialized machinery, enhancing their technical skills and employability.

“We set up a factory to make veneer and train local workers to operate the machines,” says Lu Chu-Chang. “This skill development is crucial for their future and the long-term success of our reforestation projects.”

Supporting King Sihamoni’s Initiative

In response to King Norodom Sihamoni’s call for continued support in greening Cambodia, Angkor Plywood Group reaffirms its commitment to environmental sustainability and community empowerment. The company’s ongoing reforestation projects, combined with its focus on ethical sourcing and community development, make it a key player in the Kingdom’s efforts to protect and restore its natural resources.

“We are honored to support King Sihamoni’s initiative,” says Lu Chu-Chang. “Our commitment to sustainable forestry and community development aligns perfectly with the King’s vision for a green and prosperous Cambodia. We will continue to work tirelessly to ensure that our operations benefit not only the environment but also the people of Cambodia.”

A Model for Sustainable Development and Community Engagement

Angkor Plywood Group exemplifies how businesses can drive sustainable development while fostering community well-being. The company’s adherence to ethical practices, alignment with global standards, and commitment to local communities make it a leading example of responsible business in Cambodia. Through its reforestation efforts and support for King Sihamoni’s greening initiative, Angkor Plywood Group is paving the way for a brighter, more sustainable future for Cambodia.

Angkor Plywood Group’s dedication to reforestation, community engagement, and technological innovation highlights its significant role in supporting King Sihamoni’s vision. The company’s efforts not only contribute to environmental conservation but also enhance the quality of life for local communities, making it a true leader in sustainable development in Cambodia.

The President of the Cambodian Senate, Samdech Techo Hun Sen, was the esteemed guest at a luncheon on Saturday, May 18, held by Japanese Ambassador to Cambodia, Ueno Atsushi. The gathering took place at the ambassador’s residence.

Ambassador Ueno Atsushi commenced the occasion by expressing his delight over the presence of Samdech Techo Hun Sen and other significant members of the Senate leadership. He recounted his observations of the remarkable development in Phnom Penh, highlighting changes since the establishment of the Japanese Embassy in 2002, from the time when the surroundings bore few constructions to the present crowded skyline featuring the Cambodian People’s Party headquarters and the Ministry of Interior’s striking edifice.

During their morning walks, the Ambassador and his spouse often reminisce upon past and present Cambodian leaders, as they view photographs of Samdech Techo Hun Sen alongside distinguished figures like Samdech Thipadei Hun Manet and Samdech Heng Samrin within the embassy compound. Furthermore, Ambassador Ueno Atsushi commented on the sounds of political campaigns within the vicinity, a sign of Cambodia’s active political landscape.

He praised Cambodia’s recurrent election events, supported by Japan since 1993, which he believed have been instrumental in bolstering the nation’s democratic framework.

The Ambassador made note of Samdech Techo Hun Sen’s recent assumption of the Senate Presidency and his energetic involvement in international affairs, including recent meetings with foreign dignitaries and military officials.

The topic of peace and stability was broached, emphasizing its criticality against the backdrop of international conflicts. The Ambassador outlined how the Kingdom’s stability had fostered substantial investment from Japanese enterprises, providing gratitude for Samdech Techo’s interactions with representatives from Toyota following the inauguration of their assembly plant in the country.

Cambodia’s strides in the digital domain have been impressive, exceeding Japan in certain aspects like the prevalent use of QR codes. Japan’s involvement in aiding Cambodia’s digital infrastructure was highlighted, particularly in the establishment of a national data center and the enhancement of digital skills among Cambodia’s youth.

Making reference to international cooperation, the Ambassador mentioned the upcoming Siem Reap-Angkor Summit on a Mine-free World in November 2024 and Japan’s commitment to supporting Cambodia in demining initiatives.

Samdech Techo Hun Sen reminisced about his previous visit to the Japanese Embassy to sign a letter of condolence after the 2011 earthquake in Japan. He underscored Cambodia’s dedication to maintaining regular elections and bolstering political parties since 1993, recalling international support for such processes, especially after the 1997 incidents in Phnom Penh.

Echoing the Ambassador’s sentiments about extremism and democracy, Samdech Techo pointed out the essential need for peaceable elections, not conflict, and highlighted the role of the emerging younger generation in evolving the democratic landscape.

He praised the productive outcomes that emerged out of crisis-induced necessity, such as the rapid adoption of digital platforms for education during the COVID-19 pandemic, which, along with IT reforms in governance, advanced Cambodia’s digital age significantly.

In closing, he expressed gratitude towards Japan for their continued support and their role in the nation’s digital advancements. Moreover, there was a mutual exchange of insights regarding several regional and global issues, with a special focus on the transformative potential of technology in the global economy.

Samdech Techo conveyed his thanks to the Japanese Ambassador for the warm invitation and expressed pleasure for the opportunity to engage in such a fruitful dialogue.

Source: Fresh News

In a significant move marking the enduring friendship and cooperation between Cambodia and Japan, King Norodom Sihamoni departed from Phnom Penh on Friday, April 5, for a state visit to Japan. This royal visit not only underscores the deep-rooted relations between the two nations but also paves the way for enhanced bilateral engagements across multiple sectors.

During King Sihamoni’s visit, governance and representation of the Cambodian people will be maintained by Mr. Hun Sen, the newly-elected President of the Senate, who will serve as the Acting Head of State in the King’s absence. This arrangement ensures the continuity of governance and the smooth functioning of the state, reflecting the robustness of Cambodian political structures and the importance placed on international diplomacy.

The significance of this visit cannot be overstated, as it highlights the mutual respect and cooperative spirit that have characterized Cambodian-Japanese relations for decades. Both countries have historically engaged in numerous cooperative ventures, ranging from trade and investment to cultural exchanges and diplomatic collaborations, which have contributed to their mutual development and prosperity.

This state visit by King Sihamoni is expected to further strengthen these ties, with a special focus on enhancing trade relations, encouraging investment, and fostering cultural and diplomatic exchanges. Such engagements are vital for both nations, as they seek to navigate the complex dynamics of the global landscape, especially in the face of contemporary challenges such as economic uncertainties, environmental concerns, and regional security issues.

The visit also offers an opportunity to celebrate and reaffirm the shared values and aspirations of Cambodia and Japan, as they continue to work together towards a future marked by peace, stability, and prosperity. It serves as a reminder of the power of diplomacy and international friendship in achieving common goals and addressing global challenges.

As King Sihamoni’s visit unfolds, it will undoubtedly contribute to the further deepening of the Cambodia-Japan relationship, fostering a spirit of cooperation and mutual respect that will benefit not only the two countries but also the broader international community.

The Buddha taught three fundamental traits, known as ti-lakkhaṇa, that are applicable to all aspects of existence in Samsāra: impermanence (anicca), unsatisfactoriness (dukkha), and non-self or selflessness (anatta). Understanding these qualities is crucial because it opens the door to ultimate freedom and peace.

Impermanence (things always change)

The Buddha said that everything in life is constantly changing. Nothing stays the same. This means that anything we see, hear, feel, or experience will eventually come to an end. Even the Buddha’s last words emphasized the importance of understanding that all things are temporary. By noticing the small moments of change, like how a thought or a feeling arises and then passes away, we can see the impermanence of everything.

Unsatisfactoriness (nothing brings lasting happiness)

The Buddha also taught that no matter how hard we try, nothing in life can bring us permanent happiness. This is because everything is impermanent. Holding onto things or trying to make them stay the same only leads to suffering. For example, if we become attached to a person or a possession, we will feel unhappy when we lose or separate from it. The Buddha encouraged letting go of our attachments to find freedom from suffering.

Non-self or selflessness (no permanent identity)

The Buddha said that the idea of having a fixed and separate identity is an illusion. In everyday life, we often see ourselves as separate from others with our own desires, preferences, and possessions. But the Buddha taught that this is not true. Through deep concentration and insight, we can see that there is no permanent self or soul. Instead, our experiences and thoughts arise and pass away, connected to everything else in the universe.

Understanding and experiencing impermanence, satisfactoriness, and Non-self or selflessness is key to finding freedom and peace. When we recognize that everything is always changing, we can let go of attachments and find contentment. By understanding that nothing in life brings lasting happiness, we can stop striving for things that cannot fulfill us. Finally, by realizing that we don’t have a fixed self, we can break free from the illusion of separation and live with compassion and interconnectedness. These teachings require patience and effort, but they lead to the ultimate goal of liberation from suffering and finding true peace within ourselves.