24 Jun 2009 12:12:16 GMT
PHNOM PENH, June 24 (Reuters) - Cambodia and the World Health Organization said on Wednesday an American girl, who was visiting Cambodia as part of a student group, has been confirmed as having the influenza A(H1N1) virus.
The 16-year-old developed symptoms after arriving in Phnom Penh on Friday and sought medical care at a private clinic on Monday, a joint statement said.
The clinic was concerned the patient may have been infected by Influenza A based on her travel history and clinical presentation and put her in isolation to conduct tests, it said.
"With the virus now circulating globally, its eventual arrival in Cambodia was expected. We are pleased that the systems we have put in place have worked in identifying and isolating the case," Cambodia's Health Minister Mam Bun Heng said in the statement.
The girl is recovering without complications and the other members of her group were under voluntary observation, the statement said.
FIRST CASE IN INDONESIA
Indonesia on Wednesday also confirmed the country's first cases of the H1N1 virus after an Indonesian pilot in Jakarta and a British woman in the resort island of Bali tested positive for the virus. [ID:nJAK466174]
The 22-year-old British woman had been living in Australia, while the pilot, 37, had travelled to Australia and Hong Kong, Health Minister Siti Fadillah Supari said.
The minister also said she was concerned that if H1N1 got a foothold in Indonesia there was a risk it could combine with the much deadlier H5N1 bird flu virus.
Indonesia has the highest death toll from bird flu of any country, with the country's bird flu commission confirming 119 deaths from the disease.
The H1N1 virus has spread around the globe and the World Health Organisation has declared an influenza pandemic and advised governments to prepare for a long-term battle against H1N1.
There have been more than 50,000 confirmed cases of the H1N1 virus and at least 237 people have died. (Reporting by Ek Madra; Editing by Bill Tarrant)
Wednesday, June 24, 2009
Korean Securities Firm Ready for Bourse
By Ros Sothea, VOA Khmer
Origial report from Phnom Penh
23 June 2009
Tong Yang Securities is the only company that has so far opened for business in anticipation of a stock exchange that officials hope to have up and running by the end of the year.
“We came to Cambodia with a long-term perspective,” the company’s chief representative, Han Kyung Tae, told VOA Khmer. “We are ready to start our business.”
Tong Yang, a financial service provider in South Korea that set up here in 2006, hopes to offer security brokerage, stock deposits, subscription and sale of securities, merger and acquisition brokerage, bond issuance and discretionary investments.
“We are right now working with a couple of state-owned companies and a couple of private companies who might be listed on the stock exchange,” Han said.
Cambodia has said it will have its exchange up and running in December 2009, despite the global downturn and with the aid of South Korea.
Han said his company had been waiting for an official license to extend its business roles, such as broker and dealer, and to establish a private equity fund.
In South Korea, Tong Yang charges from 3 percent to 5 percent of the capital it earns trading bonds or shares. Han said he was not sure what commission the company will take in Cambodia.
Stock trading partly depends on security firms or investment banks. It also requires economic stability, a system of laws and strong companies listed on the exchange.
Vietnam’s stock exchange was established with only a few companies, Han said. But a decade later, more than 400 companies were listed. After 20 years, China’s stock market lists 4,000 companies.
In Cambodia, meanwhile, securities experts have estimated around 40 companies will be listed, while their earning potential remains to be seen.
“It depends on competition, the size of business,” Han said. “If competition becomes tougher in the investment banking business in Cambodia, which has a small size of economy, we will face difficulties in pursuing profit.”
Han also warned that if smaller securities firms are approved, the bigger ones will not enter Cambodia’s market.
Sam Ganty, a member of the government’s Securities and Exchange Commission, has said that bigger investment banks have more influence than smaller ones.
They might be stronger, have more experts, and a network of potential investors, he recently told VOA Khmer.
SEC President Minh Ban Kosal said that so far 10 securities firms are waiting to apply for business licenses.
The commission will carefully select the firms with minimum capital fit to its national economy, he said, adding that firms will be able to apply for licenses starting in August.
Origial report from Phnom Penh
23 June 2009
Tong Yang Securities is the only company that has so far opened for business in anticipation of a stock exchange that officials hope to have up and running by the end of the year.
“We came to Cambodia with a long-term perspective,” the company’s chief representative, Han Kyung Tae, told VOA Khmer. “We are ready to start our business.”
Tong Yang, a financial service provider in South Korea that set up here in 2006, hopes to offer security brokerage, stock deposits, subscription and sale of securities, merger and acquisition brokerage, bond issuance and discretionary investments.
“We are right now working with a couple of state-owned companies and a couple of private companies who might be listed on the stock exchange,” Han said.
Cambodia has said it will have its exchange up and running in December 2009, despite the global downturn and with the aid of South Korea.
Han said his company had been waiting for an official license to extend its business roles, such as broker and dealer, and to establish a private equity fund.
In South Korea, Tong Yang charges from 3 percent to 5 percent of the capital it earns trading bonds or shares. Han said he was not sure what commission the company will take in Cambodia.
Stock trading partly depends on security firms or investment banks. It also requires economic stability, a system of laws and strong companies listed on the exchange.
Vietnam’s stock exchange was established with only a few companies, Han said. But a decade later, more than 400 companies were listed. After 20 years, China’s stock market lists 4,000 companies.
In Cambodia, meanwhile, securities experts have estimated around 40 companies will be listed, while their earning potential remains to be seen.
“It depends on competition, the size of business,” Han said. “If competition becomes tougher in the investment banking business in Cambodia, which has a small size of economy, we will face difficulties in pursuing profit.”
Han also warned that if smaller securities firms are approved, the bigger ones will not enter Cambodia’s market.
Sam Ganty, a member of the government’s Securities and Exchange Commission, has said that bigger investment banks have more influence than smaller ones.
They might be stronger, have more experts, and a network of potential investors, he recently told VOA Khmer.
SEC President Minh Ban Kosal said that so far 10 securities firms are waiting to apply for business licenses.
The commission will carefully select the firms with minimum capital fit to its national economy, he said, adding that firms will be able to apply for licenses starting in August.
Democrat Endorsed Cambodia Invasion
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President Richard M. Nixon, shown with then-House Minority Leader Gerald R. Ford in 1973, spoke to Sen. John Stennis (D) five days before the incursion (UPI)Nixon Papers Cite 1970 Conversation
Wednesday, June 24, 2009
By Walter Pincus
Washington Post Staff Writer
Five days before U.S. and South Vietnamese troops made their surprise move into Cambodia on April 29, 1970, then-President Richard M. Nixon got the approval of the top Democrat on the Senate Armed Services Committee for that action, according for documents released yesterday by the Nixon library.
The unexpected U.S. incursion into Cambodia came as a surprise to the American public, most members of Congress and the new Cambodian government. What followed were a series of public demonstrations in Washington and later Kent State University in Ohio, which, in turn, expanded opposition to the war.
In an April 24, 1970, telephone conversation with Sen. John C. Stennis (D-Miss.), who was then chairman of the Armed Services Committee, Nixon said the administration was going to provide arms to the Cambodian government to prevent its overthrow by a pro-communist element, and continue secret B-52 bombing raids, "which only you and Senator Russell know about." Richard Russell (D-Ga.) was the former committee chairman.
"We are not going to get involved in a war in Cambodia," Nixon reassured Stennis. "We are going to do what is necessary to help save our men in South Vietnam. They can't have those sanctuaries there" that North Vietnam maintained.
Stennis replied, "I will be with you. . . . I commend you for what you are doing."
Several days earlier, in a memo to then-National Security Adviser Henry Kissinger, CIA Director Richard Helms proposed a plan to covertly deliver thousands of AK-47s and other military equipment to the Cambodian government with help from Indonesia.
Yesterday, about 30,000 pages of documents were opened to the public at the National Archives facility in College Park and the Nixon library in Yorba Linda, Calif., part of a staggered declassification of papers and tapes from the Nixon years.
The memos and tapes shed light on fateful moments of Nixon's second term, the Associated Press reported, among them a peace deal with North Vietnam, sea changes in domestic and foreign policy, and management of the Cold War.
They also give insights into a well-known characteristic of Nixon and his aides -- a hair-trigger sensitivity to political rivals and quick resort to machinations against them.
A 1972 meeting between Nixon and his chief of staff produced an informal directive to "destroy" Democratic vice presidential candidate Thomas Eagleton, according to scribbled notes among the documents released yesterday that referred to Eagleton as a "pip-squeak."
In a 1969 memo, Nixon's staff assistant describes placing the movements of the Kennedys under observation in Massachusetts after Sen. Edward M. Kennedy drove off a bridge in an accident that drowned his female companion.
The materials show Nixon as sharp-witted, crude, manipulative and sometimes surprisingly liberal in comparison with mainstream Republicans today. In one letter, he solidly endorses the Equal Rights Amendment, saying that for 20 years "I have not altered my belief that equal rights for women warrant a constitutional guarantee." The amendment failed.
The library posted online more than 150 hours of tape recordings. The tapes cover January and February 1973, spanning Nixon's second inauguration, the peace deal with Hanoi, and the trial and conviction of burglars whose break-in at the Democratic headquarters at the Watergate complex precipitated the coverup that wrecked Nixon's presidency. He resigned in August 1974 under threat of being forced out by Congress.
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