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Australia Courted for Further Railway Funding

The government has asked Australia to provide more funding to help complete the rehabilitation of the dilapidated railway line between Phnom Penh and the Thai border, a spokesman said yesterday. Foreign Affairs Minister Hor Namhong met with Lieutenant General John Sanderson, former chief of the Australian ...

http://www.cambodiadaily.com/business/australia-courted-for-further-railway-funding-9422/

Cambodia's economy to grow by 6.7% this year: WB

Cambodia’s economy is expected to grow by 6.7 percent in 2013 thanks to anticipating increases in agriculture, foreign direct investment (FDI) and tourism, the World Bank said in its latest outlook Wednesday. “The growth is based on achieving the dividends from focus on higher rice ...

http://news.xinhuanet.com/english/business/2013-01/16/c_132106591.htm

Malaysia Firm Buys Majority In Yellow Pages

The owner of Cambodia Yellow Pages has agreed in principle to sell a 51 percent stake to the subsidiary of Malaysian technology firm CBSA Bhd. in a deal worth $2.04 million, an official at the company said Monday. According to a disclosure last week from CBSA ...

Firm’s Split From Boeng Kak Project Confirmed

The Chinese firm that was financially backing an ambitious project to develop Phnom Penh’s Boeng Kak neighborhood has pulled out, Chinese Embassy and company officials have confirmed, and no other investor appears to have taken its place. That makes the Erdos Hongjun Investment Corporation at least ...

Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/firms-split-from-boeng-kak-project-confirmed-64318/

World Bank: East Asian growth expected to ease to 6.3% this year

Economic growth in developing East Asian countries is expected to ease in the next two years as the slowdown in China and sluggish pricing for commodities linger, according to new forecast released Sunday by the World Bank.   ...

Roger Yu
http://www.usatoday.com/story/money/2016/04/11/world-bank-east-asian-growth-expected-ease-63-year/82896296/

China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia

The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...

http://thesoutheastasiaweekly.com/

Fracking a problem for SE Asia

Impoverished countries hoping to strike it rich by developing their limited oil and gas reserves are being urged to move quickly or risk having their expectations clipped by fracking, which is depressing market prices while adding life to fields once thought exhausted. The ...

http://www.phnompenhpost.com/2013022561573/Business/fracking-a-problem-for-se-asia.html

Indirect trade with India unhealthy

CAMBODIA’S indirect trade and investments with India are possibly worth almost five times more than its direct economic activities, a situation deemed “unfavourable” to the country, an industry expert said yesterday. Direct trade and investments between the two countries hit a record $112 million last ...

http://www.phnompenhpost.com/2013031461933/Business/indirect-trade-with-india-unhealthy.html

Koh Kong cashes in on conservation

Koh Kong province’s mangrove forests have changed from being a source of charcoal to serving tourists who help to protect their biodiversity. The forests have now become a popular destination for Cambodian tourists. Yem Yan, Peam Krasorb commune chief in Koh Kong, said gradually visitors ...

http://www.phnompenhpost.com/2013051465588/Business/koh-kong-cashes-in-on-conservation.html

Clinic aids families cut off by flooding

Families driven from their homes in Banteay Meanchey province by flooding can now receive nearby healthcare, after a clinic opened near an evacuation area over the weekend. The makeshift clinic, set up by the provincial government, makes available medicine and care to about 100 families living ...

http://www.phnompenhpost.com/national/clinic-aids-families-cut-flooding

Australian company finds 'significant' mineral deposits in Preah Vihear

Australia’s Geopacific Resources NL said Thursday it had found “significant” amounts of gold, copper and molybdenum at its Kou Sa project in Preah Vihear. In a statement, the mineral explorer said the results of the first phase of its soil-sampling program had also found “associated multi-element ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OGViOWQwNzllY2F

PM urges greater economic integration with China

Prime Minister Hun Sen yesterday called for more collaboration and integration of financial markets at the regional level, especially with China – the world’s second-largest economy – to offset the effects of a slowing global economy. ...

May Kunmakara
http://www.khmertimeskh.com/news/16773/pm-urges-greater-economic-integration-with-china/

Cambodia and South Korea trade valued at $884 million

The bilateral trade between Cambodia and South Korea was valued at $884 million as of December 2020, a year-on-year decrease of 14 percent. Figures from the Korean International Trade Association showed that from January to December 2020, Cambodia exported $317 million of products to South ...

Chea Vanyuth
https://www.khmertimeskh.com/50804885/cambodia-and-south-korea-trade-valued-at-884-million/

South Korea pushes for digital cooperation

South Korea’s Ministry of Science and ICT have expressed interest in enhancing cooperation between Korean digital companies and those in Cambodia, in order to support digital business development in the Kingdom. ...

Sok Raksa
https://www.phnompenhpost.com/national/south-korea-pushes-digital-cooperation

Annual cold spell on the way: weather official

Ministry spokesman Mao Hak said yesterday that seasonal rains are expected to taper off in mid-November, with cooler winds sweeping into the Kingdom from Siberia and Tibet, promising a “winter” even cooler than last year’s, in which some areas saw temperatures as low as 18 ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/annual-cold-spell-way-weather-official

Erratic weather portends future farming woes

Record low temperatures and unseasonable rainfall over the past week were a glimpse into the potential, intensifying effects of climate change in Cambodia, experts said, a phenomenon that studies suggest could seriously hinder future agricultural productivity through flooding, unpredictable rains and warming of up to ...

Laurence Stevens
https://www.cambodiadaily.com/news/erratic-weather-portends-future-farming-woes-128065/

IMF Managing Director Christine Lagarde to Visit Cambodia

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/

Foreign Ministry Tells NGOs to 'Readjust' Their Actions

The Foreign Affairs Ministry met with to non-governmental groups yesterday and accused them of inciting families to oppose the rehabilitation of the Cambodian rail system, ordering the  NGOs to “readjust” their workForeign Affairs spokesman Koy Kuong said his ministry invited Bridges Across Borders Cambodia and ...

http://www.camnet.com.kh/cambodia.daily/

EU organizes a seminar on food security

The Delegation of the European Union to Cambodia in collaboration with the Council for Agricultural and rural Development, Ministry of Agriculture, Forestry and Fisheries and three of the EU-funded projects (CEDAC, HKI, WHH) on October 6 organized a Food Security Project Workshop “Improving Food Security—Lessons ...

http://thesoutheastasiaweekly.com/

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