Robust Recovery Continues
Cambodia’s economy is on track to maintain its robust recovery thanks to a cocktail of private sector and government efforts. In 2012, the Asian Development Bank estimated that gross domestic product grew at a rate of 7.2 per cent, an increase from a 2011 International ...
http://www.phnompenhpost.com/2013061066160/Business/robust-recovery-continues.html
Vietnam rubber tycoon rejects land grabbing accusations
A Vietnamese rubber tycoon has rejected accusations by Global Witness, a group that campaigns on resource issues, that it was involved in a land grabbing crisis in Southeast Asia. Doan Nguyen Duc, the chairman of Hoang Anh Gia Lai (HAGL) Group, told Vietnamese media the information ...
Siem Reap sees property gains fuelled by tourism, economic integration
Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...
Cambodia’s tourism steady
Cambodia’s tourist arrivals registered a 4.7% growth in March according to the country’s statistics and tourist Information Department. The country attracted 400,076 visits compared to 382,206 during the same month last year. Released by the Ministry of Tourism, late last week, data showed Vietnam led the field ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/05/cambodias-tourism-steady/
Details murky in Environment Ministry Phnom Penh land swap
In 2011, the Environment Ministry entered into a deal with the Ratana Cooperation and Construction company to swap its valuable 2,400-square-meter location on Sihanouk Boulevard in Phnom Penh’s Tonle Bassac commune for a 9,000-square-meter plot of land and a new headquarters 20 km away in ...
Khy Sovuthy
http://www.cambodiadaily.com/news/details-murky-in-environment-ministry-phnom-penh-land-swap-53323/
Education system out of its depth
When Sim Sok Toeur, 32, returned from study in Australia last April, he did so with a vision for Phnom Penh’s skyline. For Sok Toeur, a scholarship to study overseas granted him a better quality of education than was possible in Cambodia – even though ...
Maria Wirth
http://www.phnompenhpost.com/national/education-system-out-its-depth
Bangladesh, Cambodia seek new areas of cooperation
Bangladesh and Cambodia have decided to set up a “joint commission” to promote bilateral ties as the two countries eye to deepen cooperation for regional peace, stability and prosperity. According to a joint statement issued after the talks between the two prime ministers in Dhaka on ...
bdnews24.com
http://bdnews24.com/bangladesh/2014/06/18/bangladesh-cambodia-seek-new-areas-of-cooperation
Inflation Hits 14-Month High As Food Prices Continue to Rise
Inflation rose to 6.5 percent in May when compared to the same time last year, marking a 14 month high. Consumer prices are also shown to have risen by 1.4 percent with meat, fish and vegetables as the main culprit as they increased as well. ...
Petrol prices squeeze domestic consumers
Soaring prices for gasoline and goods have hurt some Cambodian consumers, causing what economists have said was a drop in the living standard of the Kingdom’s lower-income population. Gasoline traded at 5,300 riel per litre in Phnom Penh yesterday, an increase of about 12 percent ...
Kingdom's exports up 42% on garments, food
Cambodia’s total exports surged 42 per cent through November to US$4.5 billion from $3.16 billion, official data from the Ministry of Commerce showed, as the Kingdom’s staple products of garments, textiles and agriculture led the move. Rising global demand, new trade agreements with regional neighbours and ...
Stung Treng and Kratie hit by high water
Local chiefs in Stung Treng province claimed on Monday that the Mekong River has risen by almost 2m, submerging floating cabins at a local tourist attraction, while in Kratie province, a police chief said the water level has risen by 0.5m, flooding Kampi Resort. Preah ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/stung-treng-and-kratie-hit-high-water
EU, Germany to provide $9M Asean fund
The EU and Germany have committed to help strengthen Cambodia’s economic integration with Asean member states by providing a €9.35 million ($10.5 million) fund to boost the Kingdom’s trade and investment in the region. The pledge falls under the Asean Regional Integration Support – Cambodia ...
Thou Vireak
https://www.phnompenhpost.com/business/eu-germany-provide-9m-asean-fund
Jobs plentiful, but wages low for Kingdom’s youth
While unemployment rates are low among Cambodian youths, their jobs are largely poorly paid and informal, providing them with just enough money to survive on, according to a recent report.The report, released on Sunday by youth NGO the Youth Resource Development Program (YRDP) and the ...
Sen David
http://www.phnompenhpost.com/national/jobs-plentiful-wages-low-kingdoms-youth
VN a top investor in Cambodia
Viet Nam was among Cambodia’s top five investors as of last April with US$3.2 billion in 171 projects.It is also Cambodia’s third largest trade partner with bilateral trade topping $3.3 billion as of 2015, Vietnamese Commercial Counselor Nguyen Bao said, noting the two countries are ...
Viet Nam News Staff
http://vietnamnews.vn/economy/276481/vn-a-top-investor-in-cambodia.html
Veng Sreng tolls to go into effect on Dec 1
A $10.5 million toll road along Veng Sreng Boulevard will start charging drivers as of December 1, according to a Wednesday announcement by the Phnom Penh Municipality.The toll road, built by private contractor Phnom Penh Tollway, will aim to reduce congestion in one of the ...
Sen David
http://www.phnompenhpost.com/national/veng-sreng-tolls-go-effect-dec-1
Helping Cambodia move up
The Agence Française de Développement (AFD) opened its office in the capital in September 1993. Today, the AFD provides direct funding in the field of agriculture and agro-industry, infrastructure development, manufacturing sector and vocational training. Since 1993, the AFD has given grants of more than ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/25546/helping-cambodia--move-up/
Cambodia and the West's common enemy: Tuberculosis
Estimates suggest that 0.38 percent of Cambodians have contracted TB, an alarming statistic for a country still recovering from decades of conflict. This rate shows an improvement from the early 2000s, when up to 1.5 percent of Cambodians had the disease. Even so, villagers who live far ...
Austin Bodetti
https://thediplomat.com/2018/01/cambodia-and-the-wests-common-enemy-tuberculosis/
PTT prepares 800 million baht for expansion into Cambodia, Laos
The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...
Construction investment rises sharply
Investment in construction in the Kingdom during the first nine months of this year rose 83.6 per cent, according to data from Ministry of Land Management Urban Planning and Construction last week. The data showed that during the first nine months of this year the ministry ...
http://www.phnompenhpost.com/index.php/Real-Estate/construction-investment-rises-sharply.html
ICT expo is planned for next month
An information and communications technology (ICT) event will be held from July 5-7 this year, offering sales and networking opportunities amid a surge in ICT growth in the Kingdom. Expected to draw about 100 companies, the Mobile Social Commerce International Conference and Expo at Phnom Penh’s ...
http://www.phnompenhpost.com/2013060766122/Business/ict-expo-is-planned-for-next-month.html