Heads meet to save regional rubber industry
Cambodian rubber industry representatives met with Asia’s major exporters of the commodity last week to set a floor price for natural rubber in an effort to salvage an industry suffering from plummeting values. ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/heads-meet-to-save-regional-rubber-industry-70004/
Cambodia can achieve SDGs, but deep fiscal reform needed: ADB report
Cambodia has a good chance of achieving its social protection agenda under the Sustainable Development Goals (SDGs) but will need to balance different social protection investments, according to a report published on Wednesday by the Asian Development Bank (ADB). With the right fiscal reforms and policies ...
Cambodian officials encourage illegal fishing in exchange for bribes
Corrupt local officials who patrol the area around Cambodia’s Tonle Sap are encouraging illegal fishing in Southeast Asia’s largest freshwater lake, according to a nongovernmental organization worker. ...
Chin Chetha
http://bit.ly/1JIs1TX
Kingdom’s three airports to see passenger traffic take off
Passenger traffic at all three of Cambodia’s international airports is expected to grow this year despite the economic slowdown in Asia’s biggest economy, which could see many Chinese tourists tightening their belt. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdoms-three-airports-see-passenger-traffic-take
Buy Now, Pay Later model could supplant credit cards
According to technology business site Tech In Asia, the once-obscure Buy Now Pay Later (BNPL) trend is getting new legs, which could see the option spreading in an increasingly digital Asia-Pacific. ...
Tom Starkey
https://www.khmertimeskh.com/50810014/buy-now-pay-later-model-could-supplant-credit-cards/
Cambodia ranked 13th in Asia-Pacific Region on the 2023 Global Peace Index
Cambodia was ranked 13th in terms of peacefulness in the Asia-Pacific Region, and 73rd among 163 countries around the world, according to the 2023 Global Peace Index released yesterday by the Sydney-based Institute for Economics and Peace (IEP). ...
Khmer Times Staff
https://www.khmertimeskh.com/501320575/cambodia-ranked-13th-in-asia-pacific-region-on-the-2023-global-peace-index/
Lee arrives in Cambodia for regional cooperation summits
South Korean President Lee Myung-bak arrived in Cambodia on Sunday for a series of international summits, including one involving the newly re-elected U.S. president, Barack Obama, about freer trade and other cooperation issues in the region. On Monday and Tuesday, Lee will attend a trio ...
http://english.yonhapnews.co.kr/national/2012/11/16/83/0301000000AEN20121116009151315F.HTML
Biodiversity gathering kicks off
The ninth annual conference of the Association for Tropical Biology and Conservation’s Asia-Pacific chapter commenced in Phnom Penh yesterday, assembling a host of academics, conservation workers and policymakers to address local and global challenges facing biodiversity in tropical Asia. ...
Ethan Harfenist
http://www.phnompenhpost.com/biodiversity-gathering-kicks
MRC issues urgent call to tackle falling water level
The Mekong River Commission (MRC) has called for its members to take urgent steps to protect Asia’s largest river, following a report that the water level is at its lowest. ...
Son Minea
https://www.khmertimeskh.com/501042594/mrc-issues-urgent-call-to-tackle-falling-water-level/
Sihanoukville international airport prepares for take off
Long overlooked, Cambodia’s third international airport is undergoing a major upgrade, big enough to firmly place it on Southeast Asia’s tourism map. By the end of next year, it is be ready to handle 10,000 air passengers a week. ...
Jack Laurenson
http://www.khmertimeskh.com/news/12592/sihanoukville-international-airport-prepares-for-take-off/
Timor's help in draft oil law
Timor-Leste’s fledgling economy depends on oil and gas production and Cambodia is seeking assistance from Asia’s youngest nation to help develop its draft petroleum law which is expected to be adopted into legislation by the Council of Ministers next year. ...
May Kunmakara
http://www.khmertimeskh.com/news/27533/timor-s-help-in-draft-oil-law/
World Bank says Cambodia vulnerable to rising sea levels
The World Bank said in a recent report that Cambodia is among 12 countries in East Asia and the Asia-Pacific that are vulnerable to rising sea levels which could lead to the loss of land and force millions of people to relocate. ...
Mom Sophon
http://www.khmertimeskh.com/50114119/world-bank-says-cambodia-vulnerable-to-rising-sea-levels/
Little appetite for garment strike in Phnom Penh
Most garment factories did not open for business Thursday, choosing to extend the Khmer New Year holidays—which officially ended Wednesday—rather than face industrial action in the form of a planned nationwide stay-at-home strike. However, a number of workers interviewed Thursday said they knew nothing about the ...
Zsombor Peter and Mech Dara
http://www.cambodiadaily.com/news/little-appetite-for-garment-strike-in-phnom-penh-56695/
Aviation authority to monitor Thai safety concerns
Cambodia’s aviation authority says it has no plans to follow in the footsteps of some of Asia’s largest nations and ban new flights from Thai-based carriers, after an international audit has raised “significant safety concerns” about the standards of Thailand’s aviation authority. ...
Chan Muyhong
http://www.phnompenhpost.com/business/aviation-authority-monitor-thai-safety-concerns
Chinese investment in Cambodia to diversify into SME finance
Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...
Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/
Slowing China to impact Cambodia, region: WB
Cambodia’s economy is expected to grow at 6.9 percent this year, the same rate it expanded last year, due to slowing growth in leading economies in region, especially China, Asia’s largest and the world’s second-largest economy, according to the World Bank. ...
May Kunmakara
http://www.khmertimeskh.com/news/19591/slowing-china-to-impact-cambodia--region--wb/
Sofitel Phnom Penh Wins 2nd Place in Awards
The Sofitel Phnom Penh Phokeethra has won second place among the 25 best hotels of Southeast Asia in the 2013 Readers’ Choice Awards of the prestigious Conde Nast Traveler publication, which also named Siem Reap City as one of the “Top 10 Cities in Asia.” Charles-Henri ...
Michelle Vachon
http://www.cambodiadaily.com/business/sofitel-phnom-penh-wins-2nd-place-in%E2%80%88awards-45706/
Snaring may spawn diseases
The World Wildlife Fund (WWF) has warned that snaring of animals has become a crisis that poses a serious risk to wildlife in Southeast Asia and could spawn the transmission of zoonotic diseases to humans. Its July 9 report entitled Silence of the Snares: Southeast Asia’s ...
Voun Dara
https://www.phnompenhpost.com/national/snaring-may-spawn-diseases
ANA eyes Cambodia services
All Nippon Airways is studying an option to serve Cambodia, according to an analysis released by the Centre for Asia Pacific Aviation. ANA CEO, Osamu Shinobe, told CAPA that Cambodia and Malaysia are under consideration in a bid to secure a market share of 14% on routes between ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/12/ana-eyes-cambodia-services/
Regional officials meet over rubber fall
Officials from Southeast Asia’s natural rubber-producing nations met in Kuala Lumpur yesterday for the 12th International Tripartite Rubber Council (ITRC). Cambodia, Laos, Myanmar and Vietnam (CLMV) joined ITRC core nations – Thailand, Indonesia and Malaysia – for the event, which is being touted as a joint ...
May Kunmakara
http://phnompenhpost.com/business/regional-officials-meet-over-rubber-fall