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Western thoughts on benefits of Cambodian BRI initiatives evolving

The success of China’s Belt and Road Initiatives (BRIs) in Cambodia will depend on what the project is and how productive it will be, according to experts who have analysed China’s white paper on foreign aid and development. ...

Husain Haider
https://www.khmertimeskh.com/50810941/western-thoughts-on-benefits-of-cambodian-bri-initiatives-evolving/

Lack of Enforcement, ESG Reporting Standards Apparent in Gold Mining Ops

A recent report on gold mining operations in Cambodia has kicked up inadequacies in reporting standards and absence of enforcement, revealing a huge lag in environmental, social and governance (ESG) practices in the industry.​​ ...

Sangeetha Amarthalingam
https://kiripost.com/stories/lack-of-enforcement-esg-reporting-standards-apparent-in-gold-mining-ops

Kingdom may exit LDC ‘by 2028’ on RCEP

The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-exit-ldc-2028-rcep

World Bank says Cambodia’s exports to the United States more diversified than to the EU

The World Bank in its Cambodia Economic Update issued earlier this month said that the country’s Cambodia’s exports to the United States are more diversified than those to the EU. ...

Khmer Times Staff
https://www.khmertimeskh.com/501200937/world-bank-says-cambodias-exports-to-the-united-states-more-diversified-than-to-the-eu/

Commuter train hopes for route expansion to SEZ

A commuter rail service that runs from Phnom Penh’s central district to beyond its airport has slowly gained traction since it launched three months ago, raising the possibility that it could be expanded to connect the capital’s biggest industrial park. ...

Kali Kotoski
http://www.phnompenhpost.com/business/commuter-train-hopes-route-expansion-sez

Denso To Turn Out Motorcycle Parts In Cambodia

Denso Corp. (6902) will begin making motorcycle parts in Cambodia in July, responding to growing production of vehicles in Southeast Asia. The autoparts manufacturer will establish a production subsidiary in Cambodia in April. Plans are to lease a plant in the Phnom Penh Special Economic Zone ...

http://e.nikkei.com/e/fr/tnks/Nni20130123D2301N02.htm

Officer convicted of fraud still employed at Defense University

A military officer convicted of fraud and sentenced to one year in prison in October is still em­ployed by the National Defense Uni­versity (NDU), the school con­firmed this week, despite the fact that the officer’s co-conspirator is now behind bars.   ...

Buth kimsay and Taylor O'connell
https://www.cambodiadaily.com/news/officer-convicted-of-fraud-still-employed-at-defense-university-112874/

ACU asks Global Fund for evidence in probe

Cambodia’s Anti-corruption Unit has criticised the Global Fund to Fight AIDS, Tuberculosis and Malaria for not sending them the findings of its investigation into widespread corruption in health grants. Chhay Savuth, vice-president of the Anti-Corruption Unit, said he had contacted the Global Fund to request evidence ...

Mom Kunthear and Daniel Pye
http://www.phnompenhpost.com/national/acu-asks-global-fund-evidence-probe

High Risk Seen in Kingdom’s Business Environment: Report

Corruption, a weak judicial system and the potential for complicity with human and labour rights abuses are key risks for firms looking to invest in Cambodia, a new report [by Maplecroft, a UK-based global risk and strategic consulting firm] analysing investment risk in the Kingdom ...

http://www.phnompenhpost.com/2013050265368/Business/high-risk-seen-in-kingdom-s-business-environment-report.html

Cambodia's state-Owned telecom firm gets new chief, vowing to improve business operations, revenues

Newly-Appointed Director General of the state-owned Telecom Cambodia (TC) Kim Vikra vowed Monday to enhance the enterprise’s governance in order to improve business operations and revenues. “I am committed to working with all colleagues in order to lead the enterprise to progress,”he said at his official ...

http://news.xinhuanet.com/english/world/2013-03/18/c_132243178.htm

Plantations and families set rules for IFC-mediated talks

A year after some 2,000 families filed a complaint with the International Finance Corporation (IFC) for financing rubber plantations they accuse of grabbing their farms and logging their sacred forests, all sides have finally agreed to a set of ground rules for negotiations and hope ...

Zsombor Peter
https://www.cambodiadaily.com/news/plantations-and-families-set-rules-for-ifc-mediated-talks-80222/

Chinese project in Cambodia raises alarms of military build-up

While Cambodia welcomes an ongoing influx of Chinese tourists, investment and development, the world at large increasingly suspects that China is launching a military build-up in the country for stronger Chinese influence in Southeast Asia. Dara Sakor, a new China-backed coastal resort in Koh Kong ...

Kyodo News
https://www.bangkokpost.com/world/1728967/chinese-project-in-cambodia-raises-alarms-of-military-build-up

Cambodia must recognise urgency of developing skilled workforce

The structural economic issues facing the Kingdom will need greater institutional collaboration, according to Vongsey Vissoth, Permanent Secretary of State at the Ministry of Economy and Finance, who sees a lack of economic diversification and competitiveness as key issues to overcome. ...

Gerald Flynn
https://www.khmertimeskh.com/50658956/cambodia-must-recognise-urgency-of-developing-skilled-workforce/

Siamese Rosewood Elevated to Protected Status

Siamese Rosewood, which is illegally logged and exported from Cambodia in large quantities, will be protected internally as a threatened species following a decision taken in Bangkok yesterday. A meeting of the 177 countries party to the Convention on International Trade in Endangered Species of Wild ...

http://www.cambodiadaily.com/

Effort to curb violence against children gaining speed

The effort to reduce violence against children in Cambodia is gaining speed, with a boost from the Religion Ministry, which will highlight the Buddhist value of nonviolence as well as the practice of meditation in the country’s schools, according to ministry officials. ...

Srey Kumneth
http://www.khmertimeskh.com/news/13762/effort-to-curb-violence-against-children-gaining-speed/

Around 2,000 workers protest in Phnom Penh and Preah Sihanouk province

Workers from Galey & Lord factory producing jeans went on strike Wednesday for second days after local authorities failed to find solution for them. Some 1,000 workers have been on strike since yesterday to demand the Cambodian administration chief Sok Kong be ousted from the factory ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YTdlN2ViODBjOTU

Cambodia inaugurates Japan-funded bridge across Mekong River

Cambodia on Monday inaugurated the Japan-funded Tsubasa Bridge across the Mekong River. The suspension bridge, built at a cost of ¥119.4 million, allows National Route 1 to cross the Mekong River. At 2,215 meters, it is the longest bridge in Cambodia. ...

The Japan Times News Staff
http://bit.ly/1N0vCQV

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