Cambodia: Mineral, Metal and Fuel Resources
Cambodia, with a total population of 14,952,665 as of July 2010, is located in Southeastern Asia, bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos. The country mostly has a tropical climate and covers a total area of 181,035 km2 Cambodia’s key natural resources include ...
UN Sees Cambodian Economic Growth Slowing in 2012
Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...
Rice Production Down Due to Limited Rainfall, Report Says
After rising significantly in recent years, Cambodia’s rice production will fall this year because of a shortage of rain, the U.N. Food and Agriculture Organization (FAO) said in a new report. In its second quarter Rice Market Monitor report for 2012 published on Monday, the FAO ...
Cambodia needs to polish reputation
The chief economist at the Economic Research Institute for ASEAN and East Asia says Cambodia needs to attract greater numbers of multinational companies and treat them well, in order to establish production networks that will transfer technology to smaller Cambodian businesses. In an interview with the ...
Cambodia Real Estate Could Benefit From QE3
Cambodia’s highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve’s latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior ...
http://online.wsj.com/article/SB10001424127887323894704578106160673901682.html?mod=googlenews_wsj
Miner buys into Cambodian copper
Geopacific Resources, an Australian mineral exploration company focused on gold and copper projects in Fiji, wants to take over Worldwide Mining Projects Limited, a mineral assets searcher in Southeast Asia. Worldwide Mining Projects Limited has signed a sales agreement with Golden Resources Development, a South Korean ...
http://www.phnompenhpost.com/2013010460638/Business/miner-buys-into-cambodian-copper.html
CNRP, report authors ‘plotted’, Sok An says
Deputy Prime Minister Sok An yesterday accused the NGOs behind a report critical of the election process of plotting a revolution with the opposition party. Speaking to 1,500 high-ranking government officials and members of the military, An said those behind the Election Reform Alliance (ERA) report, ...
Vong Sokheng
http://www.phnompenhpost.com/national/cnrp-report-authors-%E2%80%98plotted%E2%80%99-sok-says
Acleda joins WEF growth club
Cambodia’s largest financial institution, Acleda Bank, has been adopted into the World Economic Forum’s group of Global Growth Companies (GGC), an exclusive club made up of some of the world’s fastest-growing medium-size firms. The WEF yesterday announced that 20 companies from the Asia-Pacific region had been ...
Eddie Morton
http://www.phnompenhpost.com/business/acleda-joins-wef-growth-club
Urban planning needed: ADB
With a rapidly rising population exacerbating the country’s existing infrastructure, the Asia Development Bank (ADB) has highlighted in a new study the Cambodian government’s failure to install effective planning policies in its most densely populated urban centres. The ADB estimates that, driven by work opportunities and ...
Eddie Morton
http://www.phnompenhpost.com/business/urban-planning-needed-adb
Local and foreign business interests form luxury property joint venture
A mid strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...
Amnesty International urges Gov’t to scrap asylum seeker plans
Amnesty International on Friday lambasted a pending deal that would see people seeking asylum in Australia to be resettled in Cambodia. “Australia should be ending its offshore processing and detention of asylum seekers, not looking to outsource its refugee responsibilities to another, much poorer country,” ...
Lauren Crothers
http://www.cambodiadaily.com/news/amnesty-international-urges-govt-to-scrap-asylum-seeker-plans-57996/
Silvered langur endangered, but plentiful in Kingdom
Some 3,000 Indochinese silvered langurs – monkeys native to Southeast Asia and considered endangered by the International Union for Conservation of Nature (IUCN) – are believed to be living in the eastern part of Cambodia. ...
Voun Dara
https://www.phnompenhpost.com/national/silvered-langur-endangered-plentiful-kingdom
World Bank advises urgent measures to avoid serious financial shock and recession
The World Bank has released several urgent recommendations to Cambodia and other countries in the East Asia Pacific, stating governments need to act quickly, cooperatively and at scale to avoid serious financial shock and recession due to the COVID-19 outbreak. ...
Cambodia scores 157th in world for open data
Cambodia ranked 157th in the world and last in Southeast Asia, according to the report, released on Tuesday by NGO Open Data Watch, dropping four points since last year to a total score of 22 out of 100. ...
Hannah Hawkins
https://www.cambodiadaily.com/news/cambodia-scores-157th-world-open-data-125977/
Covid fails to sour palm sugar’s sweet market
Minimal disruption to production chains and booming demand is sweet news for suppliers of geographical-indication- (GI) certified palm sugar. According to Saroeun, members can produce 250 tonnes of the commodity per season in December-May. He said KSPSPA’s 10 member companies exported a total of 70 ...
Thou Vireak
https://www.phnompenhpost.com/business/covid-fails-sour-palm-sugars-sweet-market
GIZ launches climate action training course
GIZ fabric – a project of the German international development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) to promote sustainability in the textile and garment industry in Asia – on October 18 launched the “Climate Action Training for the Fashion Industry” to support the industry’s ...
Ry Sochan
https://www.phnompenhpost.com/national/giz-launches-climate-action-training-course
Ford plant may go online ‘early April’
Construction of RMA (Cambodia) Plc’s vehicle assembly plant is 100 per cent complete and installation of the facilities and equipment is nearing the 70 per cent mark, with all signs indicating that production could begin in early April, according to the locally-listed firm’s CEO Ngorn ...
May Kunmakara
https://www.phnompenhpost.com/business/ford-plant-may-go-online-early-april
Cambodia FDI inflows zoom 22 percent at $4.35 billion in 2021
The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...
Josh Downs
https://www.khmertimeskh.com/501037592/cambodia-fdi-inflows-zoom-22-percent-at-4-35-billion-in-2021/
Group preaches money laundering law
A working group from the Ministry of Justice is disseminating the contents of the laws on “Combatting the Financing of Proliferation of Weapons of Mass Destruction” and “Anti-Money Laundering and Financing of Terrorism” to bring Cambodia into compliance with the conditions set forth in the ...
Voun Dara
https://www.phnompenhpost.com/national/group-preaches-money-laundering-law
Sumitomo Mitsui Banking Corporation eying investment opportunities in Cambodia
A delegation of Sumitomo Mitsui Banking Corporation (SMBC), led by its Managing Executive Officer and Co-Head of the Asia Pacific Division Rajeev Kannan, is seeking for investment opportunities in Cambodia, especially in areas of logistics and tourism port. ...
Khmer Times Staff
https://www.khmertimeskh.com/501230667/sumitomo-mitsui-banking-corporation-eying-investment-opportunities-in-cambodia/