‘Policymakers still stuck in comfort zone’
As the global economy faces a challenging growth environment, developed and least developed countries are increasingly competing for export markets to spur growth, with many – like Cambodia – aiming to diversify markets as well as products. Cambodia has relied primarily on exports of ...
May Kunmakara
http://www.khmertimeskh.com/news/18178/---policymakers-still-stuck-in-comfort-zone---/
Renewables receive $30M funding boost
The Ministry of Mines and Energy has received $30 million in funding from the Scaling Up Renewable Energy in Low-Income Countries Program (SREP) – an arm of the global Climate Investment Funds initiative – for a solar energy development program that includes home systems, mini-grids ...
Kali Kotoski
http://www.phnompenhpost.com/business/renewables-receive-30m-funding-boost
Rein in credit, warns IMF
In light of global predictions of a slowdown in economic markets, led largely by China’s slackening growth, the International Monetary Fund (IMF) yesterday offered Cambodia advice on short and longer term measures to help maintain growth. It also warned that the country’s rapid credit growth ...
May Kunmakara
http://www.khmertimeskh.com/news/31763/rein-in-credit--warns-imf/
ADB urges implementation of cross-border transport pact
As growing trade and investment linkages in Asia and the Pacific have helped to improve the region’s overall resilience to global economic and trade policy uncertainties, countries in the Greater Mekong Subregion (GMS) need to make swifter progress in streamlining trade through multilateral agreements that ...
Post Staff
http://www.phnompenhpost.com/business/adb-urges-implementation-cross-border-transport-pact
Firmer prospects as rubber rebounds
Cambodia’s beleaguered rubber industry looks set for a turnaround as international rubber prices continue their strong rebound. Local traders and industry officials said yesterday they were optimistic that rubber prices, which doubled during the course of 2016, would continue to rise as the global economy ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/firmer-prospects-rubber-rebounds
Myanmar, Cambodia seek investors for rice business
Two Southeast Asian countries not particularly known for large agricultural exports, Myanmar and Cambodia, have both declared that they want to participate in the global rice business by intensifying rice farming and milling across their respective countries with the help of foreign investors, including from ...
Arno Maierbrugger
http://www.gulf-times.com/eco.-bus.%20news/256/details/426906/myanmar,-cambodia-seek-investors-for-rice-business
Cambodia’s Hun Sen slams ASEAN-splitting TPP
On April 19, the 24th World Economic Forum on East Asia kicked off in the Indonesian capital of Jakarta. One of the main events was a conversation on “East Asia in the New Global Context,” which featured two heads of state – Cambodian prime minister ...
Prashanth Parameswaran
http://bit.ly/1J4FSoA
FAO: World's forests faring better
The bottom line from the Food and Agriculture Organization’s 2015 assessment of global forest resources: The state of the world’s forests is better than it was.The U.N. agency released the report this week ahead of the 14th World Forestry Congress in Durban, South Africa. ...
Joe DeCapua
http://www.voacambodia.com/content/fao-says-world-forests-faring-better/2950891.html
China-Cambodia relations stronger than ever: experts
China and Cambodia have vowed to jointly uphold multilateralism and fairer global governance in opposition to the encircling of small groups of countries that force some to take sides while ambushing others, senior officials said at a high-level forum held in Beijing on Wednesday. ...
Fan Anqi
https://www.khmertimeskh.com/50903519/china-cambodia-relations-stronger-than-ever-experts/
US commits to revitalise partnership with Asean
The United States has made a commitment to revitalise partnership and cooperation with Asean, in particular in the face of multi-faceted regional and global challenges. ...
Sar Socheath
https://www.khmertimeskh.com/50893950/us-commits-to-revitalise-partnership-with-asean/
UN officials praise Cambodia as more jabs arrive
UN officials commended Cambodia’s all-out Covid-19 vaccination campaign as the latest batch of vaccines provided through Covax – a global initiative aimed at ensuring equitable access to Covid-19 vaccines – arrived at Phnom Penh International Airport on the evening of October 22. ...
Mom Kunthear
https://www.phnompenhpost.com/national/un-officials-praise-cambodia-more-jabs-arrive
30% of spot-billed pelicans in Cambodia
Cambodia has about 3,000 spot-billed pelicans, which account for around 30 per cent of the global population, Ministry of Environment spokesperson Neth Pheaktra said on October 29. ...
Ry Sochan
https://www.phnompenhpost.com/national/30-spot-billed-pelicans-cambodia
Cambodia received $18.4M from ADB trust funds in 2021
Cambodia received a total of $18.4 million for 23 projects as part of the Asian Development Bank’s trust fund, global fund, and special fund financing for projects and technical assistance, according to an ADB report. ...
Adur Pradeep
https://www.khmertimeskh.com/501145513/cambodia-received-18-4m-from-adb-trust-funds-in-2021/
Cambodia’s banking and financial industry healthy, says NBC
The banking and financial industry has remained strong despite uncertainties on global economic growth causing the bankruptcies of banks in some countries. ...
Chea Vanyuth
https://www.khmertimeskh.com/501429237/cambodias-banking-and-financial-industry-healthy-says-nbc/
Signs point to more diverse investment projects in Cambodia
The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...
South Korean Embassy Denies Role in Strike Suppression
The South Korean Embassy on Wednesday denied a news report that it had lobbied Cambodian military authorities to “crack down on protesters” in a bid to shield Korean investments in the garment industry, prior to Friday’s killing of five protesters and the wounding of more ...
Denise Hruby
http://www.cambodiadaily.com/news/south-korean-embassy-denies-role-in-strike-suppression-50364/
Banking sector grows
The global economic recovery this year continues to benefit Cambodian banks, although insiders said yesterday macro-economic press-ures were still weighing on the industry. Some of Cambodia’s biggest banks had enjoyed a strong 2011 thanks to a rebound in lending, deposits and profits, officials said. Economists, ...
http://www.phnompenhpost.com/index.php/2011070550175/Business/banking-sector-grows.html
Foreign Affairs Minister lays out core foreign policy values
The Minister of Foreign Affairs and International Cooperation on Monday outlined the four core foreign policy values that Cambodia is focusing on in the current global context. Deputy Prime Minister Prak Sokhonn was talking to some 1,200 university students at the National Institute of Education ...
Niem Chheng
https://www.phnompenhpost.com/national/foreign-affairs-minister-lays-out-core-foreign-policy-values
Biggest solar project yet gets half billion in funding
The Gideon Group, a US-based global finance firm, yesterday announced its intention to invest $488 million in a 135-megawatt solar plant in Kandal province. In a statement issued yesterday, Gideon Group president and CEO Salman Khan said the Kandal solar project is being developed by ...
Sok Chan
https://www.khmertimeskh.com/50573860/biggest-solar-project-yet-gets-half-billion-in-funding/
Drug resistance triggers war to wipe out malaria in the Mekong region
No one knows exactly why resistance to malaria drugs always emerges first in this remote western province of Cambodia, nestled in the Cardamom Mountains. “The reasons are as much social as biological,” says malariologist Tom Peto, who is here in this dusty, unremarkable-looking town battling ...
Leslie Roberts
http://www.sciencemag.org/news/2016/04/drug-resistance-triggers-war-wipe-out-malaria-mekong-region