Economic growth has come at high cost, experts warn
Experts say that Cambodia’s economic growth remains fragile and unsustainable, bringing environmental degradation, social inequality and, at times, unrest to the country. Cambodia has maintained a high economic growth rate in recent years, up to 8 percent, “but that high growth comes with high costs,” said ...
Khoun Theara
http://www.voacambodia.com/content/economic-growth-has-come-at-high-cost-experts-warn/2427241.html
Malnutrition still endemic: UN
Over 40 per cent of Cambodian children under 5 years old suffer from stunted development due to poor nutrition, a rate that has not changed since 2010, according to data revealed yesterday by the UN’s Food and Agriculture Organization (FAO). While Cambodia has put substantial work ...
Pech Sotheary
http://www.phnompenhpost.com/malnutrition-still-endemic-un
PM calls out US again for bombs
Cambodian Prime Minister Hun Sen yesterday used a speaking slot at a children’s rights conference to once again castigate the United States, urging the UN to “increase its volume” in condemning the US for dropping bombs that maimed and killed children. ...
Touch Sokha and Erin Handley
http://www.phnompenhpost.com/national/pm-calls-out-us-again-bombs
BookLab teaches children social skills
The Asia Foundation with support from Smart Axiata has launched BookLab – a children’s book creation event to produce 10 children’s storybooks, laying out different situations and problems for young readers to learn and explore. ...
Voun Dara
https://www.phnompenhpost.com/national/booklab-teaches-children-social-skills
93% Cambodia workers in informal sector: ADB
The International Labour Organization (ILO) estimates that as many as 93% of those who are employed in Cambodia are part of the informal economy, while the share in Myanmar and Indonesia, two other Southeast Asian countries, is as high as 85%. ...
Manoj Mathew
https://www.khmertimeskh.com/501076646/93-cambodia-workers-in-informal-sector-adb/
Local banks gain trust: survey
Nearly nine out of 10 Cambodians have confidence in local financial institutions, a trend that stands in sharp contrast to Europe and the US, a poll published last week found. However, industry insiders question the results, as the Kingdom’s financial services are still under-developed. The poll ...
http://www.phnompenhpost.com/2013052765847/Business/local-banks-gain-trust-survey.html
Development pushes poor from land as Cambodia dams its rivers
“From my view, I don’t want to have it, but it is development, we can’t stop them,” says Srekor’s village chief, Leang Saroeurn. Cambodia’s impressive yearly GDP growth rates of 7 percent for the last decade have come, in part, through a ravenous consumption of the countries ...
Daniel Quinlan
http://asiancorrespondent.com/120212/development-drives-displacement-as-cambodia-dams-its-rivers/
Business briefs
The country’s two largest ports saw traffic jump in the first eight months of this year, compared to the same period last year, according to figures released by the port authorities Friday. ...
Khmer Times team
http://www.khmertimeskh.com/news/15712/business-briefs/
Business briefs
The Cambodia Securities Exchange yesterday said it had approved “in principle” the eligibility of stated-owned Phnom Penh Autonomous Port (PPAP) to list on the bourse, according to the press release from the exchange. “Cambodia Securities Exchange (CSX) has approved in principle the listing eligibility of ...
Khmer Times team
http://www.khmertimeskh.com/news/16249/business-briefs/
Chinese continue to flock as region suffers
Cambodia’s tourism industry has benefited from the unrest that has hit much of the region, with Chinese tourists diverting their routes from problematic areas such as Thailand to the country, according to a report released Thursday by the Sydney-based Center for Asia Pacific Aviation (CAPA). Chinese ...
George Styllis and Cherie Chan
http://www.cambodiadaily.com/business/chinese-continue-to-flock-as-region-suffers-64963/
Cambodians shun banks: World Bank report
Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed. The report, released this month, also pointed to high growth in the percentage of borrowers, which insiders ...
http://www.phnompenhpost.com/index.php/2012053056467/Business/cambodians-shun-banks.html
RFA ‘spies’ released on bail
The Phnom Penh Municipal Court on Tuesday freed on bail, two former Radio Free Asia (RFA) reporters, who were charged with espionage. Oun Chhin, 49, and Yeang Sochea Meta (Sothearin), 35, were arrested by the Meanchey district authorities on November 14, last year, and spent ...
Khouth Sophak Chakrya and Soth Koemsoeun
https://www.phnompenhpost.com/national/rfa-spies-released-bail
Hun Sen receives award for leadership
Prime Minister Hun Sen received the Leadership and Good Governance Award from the Universal Peace Federation (UPF) on Tuesday at the 2nd Asia-Pacific Summit at the Peace Palace in the capital. The award was presented by UPF co-founder Hak Ja Han Moon after delivering her ...
Ry Sochan
https://www.phnompenhpost.com/national/hun-sen-receives-award-leadership
Ministry, EU discuss management of chemical and associated wastes
The National Authority for the Prohibition of Chemical, Nuclear, Biological and Radiological Weapons (NACW) at the Ministry of National Defence and the EU have co-organised a 12-day workshop for 205 trainees from 29 institutions. The workshop focuses on training participants on the Sound Management of Chemicals ...
Khorn Savi
https://www.phnompenhpost.com/national/ministry-eu-discuss-management-chemical-and-associated-wastes
Wear a helmet: it’s the law and your life!
As the new helmet laws go into effect on January first, with higher fines for not wearing one and a new requirement that motorcycle passengers also be helmeted, there is a push to publicize the dangers of riding without one. ...
Srey Kumneth
http://www.khmertimeskh.com/news/19110/wear-a-helmet--it---s-the-law-and-your-life-/
H&M's suppliers guilty of labour rights abuses, report alleges
A new report has alleged labour rights abuses at Cambodian supplier factories for apparel giant H&M, as more than 500 garment workers gathered in Phnom Penh yesterday to air some of the same concerns over working conditions during a workers’ forum. ...
Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/hms-suppliers-guilty-labour-rights-abuses-report-alleges
Thai manufacturers sizing up Cambodia
Thai manufacturers are being urged to transfer some of their production facilities to Cambodia and other neighboring countries, according to a report in the Thai media yesterday. ...
Sum Manet
http://www.khmertimeskh.com/news/24478/thai-manufacturers-sizing-up-cambodia/
Thai life insurer to enter local market
Bangkok Life Assurance expects to offer life insurance policies in Cambodia by the beginning of next year, according to Thai news outlets, adding to the list of international insurers looking to tap into the Kingdom’s nascent but potentially lucrative market. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/thai-life-insurer-enter-local-market
Grow Asia to focus on value chain projects
Cambodia’s agricultural sector must improve post-harvest processing to increase the value of its products, while increased knowledge sharing could help farmers better understand the different value chains and identify opportunities, agricultural experts participating in the Grow Asia Forum said yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/grow-asia-focus-value-chain-projects
Pursat river pleasure cruises planned
Tourists will soon be able to cruise along the Pursat river in rowing boats and pedalos, under plans to develop the waterway as a tourist attraction, according to a senior provincial official. ...
Sok Chan
http://www.khmertimeskh.com/news/38690/pursat-river-pleasure-cruises-planned/