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With AIIB, nation diversifies funding options

Though it’s extremely early days, experts this week welcomed Cambodia’s membership to the nascent China-led Asian Infrastructure Investment Bank (AIIB), saying it would provide much-needed diversity of funding for the nation’s infrastructure and connectivity needs. ss='cambodia-color'>...

Tej Parikh
https://www.cambodiadaily.com/news/with-aiib-nation-diversifies-funding-options-105893/

World Bank economists grilled over pervasive rural debt

The head of Transparency International Cambodia used the release of a World Bank economic report yesterday to press the lender’s economists on rural indebtedness and their claim that the country’s strong GDP growth was helping the country’s poor. ss='cambodia-color'>...

Brendan O’Byrne
https://www.cambodiadaily.com/news/world-bank-economists-grilled-pervasive-rural-debt-129932/

US businesses give Cambodia mixed marks

U.S. companieS doing buSineSS in Cambodia are optimiStic about the country&rSquo;S overall inveStment environment, but remain diSSatiSfied with the Supply of cheap and Skilled labor, corruption, tax Structure, and attitudeS toward the U.S., according to a new Survey. SS='cambodia-color'>...

Ben Paviour
https://www.cambodiadaily.com/news/us-businesses-give-cambodia-mixed-marks-133739/

Dramatic rise in exports to Japan

The Kingdom’s total exports to Japan, one of the world’s largest economies, sharply increased in the first nine months of the year, a result of Cambodia’s effort to diversify export markets and preferential trade treatment from Japan. ss='cambodia-color'>...

May Kunmakara
http://www.khmertimeskh.com/news/31878/dramatic-rise-in-exports-to-japan/

PM wants to boost tourism

The government through the Ministry of Tourism is set to give a major boost to the country’s tourism sector to bolster the economy, said Prime Minister Hun sen yesterday. ss='cambodia-color'>...

Sok Chan
http://www.khmertimeskh.com/5083858/pm-wants-boost-tourism/

Gov’t: foreigners banned from protesting

Foreigners who join protests against the government will now be subject to arrest and deportation, Phnom Penh’s governor and the government’s spokesman said yesterday, in the latest effort by the CPP to curb outside influence in the country’s political affairs. ss='cambodia-color'>...

Khy Sovuthy and Colin Meyn
https://www.cambodiadaily.com/news/foreigners-banned-from-protesting-govt-says-88853/

Indonesia Bonding With Cambodia in Trade

Indonesia was involved in advanced talks in Cambodia during the late 1980s. Known as the Jakarta Informal Meeting, Indonesia was trying to help put an end to Vietnam’s invasion of Cambodia, in what some observers called the Third Indochina War (1978-91). Despite these close ties, ss='cambodia-color'>...

http://www.thejakartaglobe.com/business/indonesia-bonding-with-cambodia-in-trade/540441

Cambodia's trade with its neighbors slows in Q1

Cambodia saw a slow rise in trade volume with Vietnam and a slight decrease with Thailand in the first quarter of this year, according to the figures provided on Wednesday. The figures said Cambodia’s total exports to Vietnam was worth 221 million U.s. dollars during ss='cambodia-color'>...

http://www.asean-china-center.org/english/2013-05/09/c_132370565.htm

Committee Approves $25 Million Budget for National Assembly

The CPP-controlled Permanent Committee of the new National Assembly has approved a $25-million budget to cover the Assembly’s costs for the coming year, despite the continued absence of nearly half the 123-member body’s elected lawmakers. The opposition CNRP’s 55 lawmakers-elect have been boycotting the Assembly since ss='cambodia-color'>...

Hul Reaksmey
http://www.cambodiadaily.com/news/committee-approves-25-million-budget-for-national-assembly-45434/

China giant looks to Kingdom

Shandong Shantui, a ChineSe firm and one of the largeSt manufacturerS of heavy conStruction machinery and largeSt producer of bulldozerS haS expreSSed an intereSt in inveSting in Cambodia&rSquo;S agricultural SectorS. General Manager Cheng Zhaohong met with Cambodia&rSquo;S&nbSp;National ASSembly&nbSp;PreSident Heng Samrin yeSterday morning to preSent the company&rSquo;S SS='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012080757846/Business/china-giant-looks-to-cambodia.html

Business boom depletes forests

During the past four years, Cambodia has seen drastic decreases in rare species of trees due to illegal logging, community research from the National Resource Protection Group indicates. If continued unabated, illegal logging threatens to wholly deplete Cambodia’s rare tree species, Chut Wutty said. Cambodia’s ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2011090651462/National-news/business-boom-depletes-forests.html

Gridlock going nowhere fast

Despite Phnom Penh’s rapidly increasing traffic woes, it might take until 2035 for a public transport system in the Kingdom’s capital to be operational, government development partners said yesterday. The Japan International Cooperation Agency, which has been working with Cambodia’s government since 2001 on an ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012022854751/National-news/gridlock-going-nowhere-fast.html

Chea Sim's son named Prey Veng governor

Marking the latest scion of the Cambodian People’s Party’s leadership to ascend into a prominent public position, the youngest son of late former ruling party president Chea sim has been promoted to governor of his father’s native Prey Veng province. ss='cambodia-color'>...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/chea-sims-son-named-prey-veng-governor

Economists assail opposition proposal to ditch US dollars

Economists on Tuesday lambasted the CNRP’s proposal to eliminate the use of U.s. dollars for transactions in the country within one year of a victory in next year’s national elections, saying the policy would be “a disaster” and “impossible.” ss='cambodia-color'>...

Brendan O’byrne
https://www.cambodiadaily.com/news/economists-assail-opposition-proposal-to-ditch-us-dollars-131307/

A road paved with promise

Land prices along one of Cambodia’s main highways have seen a slight increase in the first half of 2017, thanks to road improvements and residential developments, insiders say. ss='cambodia-color'>...

Sum Manet
http://www.khmertimeskh.com/5073593/road-paved-promise/

Cambodia blocks online access to shuttered Cambodia Daily

Cambodia’s government has ordered internet service providers to block online access to The Cambodia Daily newspaper, which closed last year amid a widespread crackdown on media and civil society groups criticizing Prime Minister Hun sen’s ruling Cambodian People’s Party.​ ss='cambodia-color'>...

Richard Finney
https://www.rfa.org/english/news/cambodia/access-02052018171458.html

More Chinese firms weigh local investment

Six companieS from China&rSquo;S Guangzhou city and Guangxi province met with Kim Sithan, Cambodia&rSquo;S Secretary of State at the MiniStry of Commerce, yeSterday to diScuSS inveStment in the country Heavy machinery, fertiliSer and chemical companieS expreSSed intereSt in Cambodia&rSquo;S agricultural Sector SS='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012052556376/Business/more-chinese-firms-weigh-local-investment.html

Koh Rong development moves forward

A ceremony here on Saturday, attended by Some of the country&rSquo;S moSt powerful officialS, laid out Royal Group&rSquo;S $30 million plan to develop Koh Rong&rSquo;S previouSly priStine Sok San beach into a luxury reSort, complete with houSeS, pierS, hotelS and facilitieS for helicopterS. SS='cambodia-color'>...

Jack Laurenson
http://www.khmertimeskh.com/news/18759/koh-rong-development-moves-forw-ard/

Foreign minister responds to Ban Ki-Moon

After initially refusing to comment on U.N. secretary-General Ban Ki-moon’s surprise telephone call to Foreign Affairs Minister Prak sokhonn last week, the ministry has released Mr. sokhonn’s purported replies, all defending the government’s latest crackdown on the opposition. ss='cambodia-color'>...

Kang Sothear
https://www.cambodiadaily.com/news/foreign-minister-responds-to-ban-ki-moon-114015/

US still urging Cambodia to broaden and clarify union law

The U.S. iS continuing to urge the government to change and clarify key partS of a controverSial trade union law that took effect in April, including an amendment to cover civil ServantS, the U.S.&rSquo;S international labor affairS repreSentative Said on TueSday. SS='cambodia-color'>...

Zsombor Peter
https://www.cambodiadaily.com/news/us%E2%80%88still-urging-cambodia-broaden-clarify-union-law-118851/

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