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
In the rush to open more rubber plantations, nobody wins
Land conversions for rubber plantations in continental South-East Asia have expanded to areas where rubber is not historically grown, posing risks to both farmers’ livelihoods and environment conservation. The study defines continental South-East Asia as comprising Cambodia, China, Laos, Myanmar, Thailand and Vietnam. ...
SciDevNet News Staff
http://www.scidev.net/asia-pacific/environment/news/in-the-rush-to-open-more-rubber-plantations-nobody-wins.html
Environmentalists issue warning on Mekong biodiversity
Scientists say the Southeast Asia’s rapid development is driving deforestation in the vital Mekong Subregion, and threatening scores of species in one of the world’s most biodiverse ecosystems. Trafficking in plant and animal wildlife is accelerating the trend, and governments are being pressed to do ...
Ron Corben
http://www.voanews.com/content/enviornmentalists-issue-warning-on-mekong-biodiversity/2888102.html
Best operating costs in Kingdom: TMX
Cambodia has the lowest operating costs among nine countries in Asia that are recognised as major manufacturing hubs, according to Asia-Pacific business transformation consultancy TMX. ...
May Kunmakara
https://www.phnompenhpost.com/business/best-operating-costs-kingdom-tmx
ASEAN to admit Timor-Leste as 11th member
ASEAN leaders have agreed in principle to allow Timor-Leste – Asia’s youngest nation – to become the regional bloc’s 11th member. ...
Mao Sreypich
https://kiripost.com/stories/asean-to-admit-timor-leste-as-11th-member
PM raises five important points for post-COVID-19 recovery for Asia and Europe
As the world is still facing other complex issues, Prime Minister Hun Sen highlighted five important points so as to restore socio-economic development in the post-COVID-19 era. ...
Khmer Times Staff
https://www.khmertimeskh.com/50977155/pm-raises-five-important-points-for-post-covid-19-recovery-for-asia-and-europe/
Kingdom’s Agro exports on slow boat to China
China is the Kingdom’s top rice importer, and is also bringing in Cambodian cassava, rubber, cashews, peppers and a small amount of corn. But experts say efforts to increase export shipments and open Asia’s biggest market to new products will fall short unless Cambodia addresses ...
Igor Kossov
http://www.khmertimeskh.com/news-list/2/business/
Made in Cambodia: Foreign Industry Calls on Cambodia as the Next “Low-Cost” Alternative in All Things Manufacturing
About a decade ago, global manufacturing firms staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. The consensus was the continued development of a regional supply chain that had formed in countries like Vietnam and Indonesia, ...
New country director for ADB in Cambodia
The Asia Development Bank‘s Cambodia Resident Mission has appointed Eric Sidgwick as its new country director. Sidgwick aims to focus his efforts on promoting an inclusive and environmentally sustainable growth, said a press release issued by the Asia Development Bank (ADB) yesterday. Sidgwick started working at the ...
Cambodia urges tourism training on par with Asean
Cambodia is calling for the establishment of tourism institutes and universities to provide relevant skills in compliance with an Asean curriculum, Minister of Tourism Thong Khon said. He was speaking during the Sub-Forum on Yunnan-South Asia & Southeast Asia Tourism Vocational Education and Personnel Training ...
Post Staff
https://www.phnompenhpost.com/business/cambodia-urges-tourism-training-par-asean
Labour negotiations begin at SL Garment factoy
A meeting between factory management and representatives of more than 5,000 striking workers at one of Asia’s largest garment-processing factories yielded no progress. Ken Loo, secretary-general of the Garment Manufacturers Association in Cambodia, has called the strike illegal because workers failed to notify the company ...
http://www.phnompenhpost.com/national/labour-negotiations-begin-sl-garment-factoy
Entrepreneurship, Start-ups and Innovation Knowledge Lab launched
The Economic Research Institute for ASEAN and East Asia, in partnership with the Asian Network, launched last week a new ERIA initiative to promote inclusive economic development through entrepreneurship and innovation across ASEAN and East Asia: the E-S-I Knowledge Lab. ...
Khmer Times Staff
https://www.khmertimeskh.com/501086558/entrepreneurship-start-ups-and-innovation-knowledge-lab-launched/
ABA reports strong Q4 earnings
Advanced Bank of Asia Limited (ABA Bank) reported a pre-tax profit increase of 19.12 percent to $50.2 million in its quarterly report released yesterday. ...
Husain Haider
https://www.khmertimeskh.com/50814559/aba-reports-strong-q4-earnings/
Lower Sesan II dam opens
Situated in Stung Treng province’s Sesan district, the hydropower dam is Asia’s longest at 6.5km. It is a joint venture by Chinese company Hydrolancang International, Cambodian company Royal Group, and Vietnamese company Vietnam Electricity. The project is a 45-year Build-Operate-Transfer contract, in which five years was ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/lower-sesan-ii-dam-opens
Strike grows as another factory walks
About 1,000 workers at one of Asia’s largest garment-processing factories have joined more than 4,000 who began a strike last week, as union workers demanded the company meet nine conditions, including severing ties with a shareholder. Employees at the SL2 factory of SL Garment Processing (Cambodia) ...
http://www.phnompenhpost.com/national/strike-grows-another-factory-walks
Hun Sen takes one last shot at Todd
Boasting of his more than 30 years’ ruling Cambodia, Prime Minister Hun Sen said on Saturday that he could teach a thing or two to the West about running a country while managing demands for change.The premier, who is Southeast Asia’s longest-serving current leader, recalled ...
Meas Sokchea
http://www.phnompenhpost.com/national/hun-sen-takes-one-last-shot-todd
World Bank stops funds for Cambodia over evictions
The World Bank said on Tuesday it had stopped providing loans to Cambodia and would not resume lending until the government did something to help hundreds of families facing eviction from land around a lake in the country’s capital, Phnom Penh. “The World Bank’s last ...
http://www.reuters.com/article/2011/08/09/cambodia-worldbank-idUSL3E7J920D20110809
Rice exports face challenges from foreigners in Cambodia
Vietnamese rice exporters will face tough competition from foreign countries looking to exploit advantages that Cambodia presents as a beneficiary of the the EBA (Everything But Arms) initiative, says an Econet report. Under the EBA, Cambodia, as a least-developed-country, enjoys zero tariffs and no quotas ...
http://vietnambusiness.asia/rice-exports-face-challenges-from-foreigners-in-cambodia
Try Pheap given OK to harvest yellow vine
Logging baron Try Pheap’s MDS Import Export Co, Ltd has been granted a licence to collect and process the controversial plant known as yellow vine around the Stung Atay hydropower dam in the Cardamom Mountains, according to documents received by the Post yesterday. The vine has ...
http://www.phnompenhpost.com/2013060466045/National/try-pheap-given-ok-to-harvest-yellow-vine.html
Sugar firm under fire
Asia’s largest sugar company has been accused of torching hundreds of homes, orchestrating the imprisonment of a pregnant activist and using security forces to beat villagers – among a raft of other grave human rights abuses – by communities in Oddar Meanchey province. The allegations levelled ...
http://www.phnompenhpost.com/2013060366024/National/sugar-firm-under-fire.html