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Cambodia to benefit substantially from China’s BRI: Moody’s

Moody’s Investors Service Inc sees Cambodia, which has a B2 stable rating, as one of the countries that stand to benefit the most from China’s Belt and Road Initiative. In its latest report, Moody’s analyses the potential long-run economic gains and near-to-medium term macro-stability risks ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50600312/cambodia-to-benefit-substantially-from-chinas-bri-moodys/

Moody’s warns of ‘credit negative’ if EBA is lost

Moody’s Investors Services has warned that Cambodia’s potential loss of its Everything But Arms (EBA) preferential trade access to the EU would weaken its economic growth and lead to a credit negative, a report released on Saturday says. It notes that while Cambodia maintained its ...

Sorn Sarath and Cheng Sokhorng
https://www.phnompenhpost.com/business/moodys-warns-credit-negative-if-eba-lost

River relocation request rejected

A request from the Khmer Vietnamese Association for the Interior Ministry to delay the relocation of Vietnamese familes living on the Tonle Sap river in Kampong Chhnang province has been rejected. The KVA’s letter, submitted last week, asked the ministry to intervene in the relocation of ...

Taing Vida
https://www.khmertimeskh.com/50551914/river-relocation-request-rejected-2/

Inequality a defining challenge for the world, and for Cambodia

Leading economists have warned that income inequality is the defining global challenge of the 21st century. In Cambodia, a country where many live in poverty while ever-increasing numbers of luxury cars ply the streets, that challenge is particularly acute. Some 41 percent of the population ...

Essarayoss Mean
http://www.voacambodia.com/content/inequality-a-defining-challenge-for-th-world-and-for-cambodia/2976794.html

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

Cambodia PM starts to 'like' Facebook as opponents woo voters online

Cambodia’s Prime Minister Hun Sen is taking a belated leap into the digital age in a bid to court young, urban voters as he tries to fend off unprecedented competition from the opposition after three decades in power. Hun Sen’s Facebook, which how has 1.2 ...

Prak Chan Thul
http://www.reuters.com/article/2015/10/20/us-cambodia-socialmedia-idUSKCN0SE2RW20151020

Local goods replacing imports

The value of imports from neighboring Thailand has decreased by almost $500,000 in the first seven months of this year, a possible sign of health of Cambodia’s domestic production capabilities. According to figures released by the Thai embassy, the value of imports dropped by 16 percent ...

Chea Vannak
http://www.khmertimeskh.com/news/29638/local-goods-replacing-imports/

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

Ministry to begin $20M plan for domestic vegetables

Implementation of a previously announced three-year $20 million programme to increase local vegetable and fragrant rice production will begin next month to help boost domestic supply and reduce imports, an agriculture official said yesterday. To date, 2,060 farmers and 260 rice cooperatives have been recruited ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/ministry-begin-20m-plan-domestic-vegetables

Election day coming, many voters unsure when

With just two months to go until Cambodia’s commune elections, more than half of respondents to a new survey could not identify Election Day. The finding was detailed in a report released on Wednesday by the Committee for Free and Fair Elections in Cambodia (Comfrel) ...

Ben Sokhean and Hannah Hawkins
https://www.cambodiadaily.com/news/election-day-coming-many-voters-unsure-when-127619/

Hun Sen limits his role in election campaign

Prime Minister Hun Sen yesterday explained why he will limit his role in commune election campaigning after coming under pressure from his party to help out in Siem Reap. Mr Hun Sen thanked those who wanted to see him campaign in the province but said: “Due ...

Mom Sophon
http://www.khmertimeskh.com/news/38707/hun-sen-limits-his-role-in-election-campaign/

Cambodia's flash floods kill 5, affect 15,510 families in NW province

At least five people were killed and some 15,510 families have been affected by flash floods that have been hitting the country’s Banteay Meanchey province since earlier this month, the latest report of the National Committee for Disaster Management (NCDM) showed Tuesday Some 14,300 houses have ...

http://www.globaltimes.cn/content/735246.shtml

Trade with Vietnam increases

A pledge in mid-June by Cambodia and Vietnam to increase bilateral trade by more than US$2.5 billion by 2015 may lead to decreased trade with Thailand, market analysts have said. The pledge made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart Nguyen Tan Dung ...

http://www.phnompenhpost.com/index.php/2012070957288/Business/trade-with-vietnam-increases.html

Cambodia host to Malaysia's ICT conference, expo

Cambodia was host to a two-day information and communication technology conference and expo held by the The National ICT Association of Malaysia on Friday. By 2012, 19.1 million SIM cards for mobile phones have been sold while on the internet side, around 2.7 million people ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjM2ZjVmYzQxMzV

Flooding damage escalates

Flooding has affected close to 287,000 hectares of rice fields, with about 27,800 considered damaged beyond repair, according to government statistics released on Monday. The data from the Ministry of Agriculture, Forestry and Fisheries reveal that rising waters have affected about 11 per cent of the ...

Hor Kimsay
http://www.phnompenhpost.com/business/flooding-damage-escalates

Boost for Cambodia’s tourism

Cambodia’s Prime Minister, Hun Sen, says Asia Atlantic Airlines’ upcoming flights that will connect Thailand, Cambodia and Japan will benefit the country’s tourism industry. The airline will fly from Thailand’s Suvarnabhumi Airport and stop in Phnom Penh before flying to Toyko’ Narita, with full traffic rights. The ...

Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2014/07/boost-for-cambodias-tourism/

Cambodian capital sees 445 protests during year-long standoff

Phnom Penh, capital of Cambodia, recorded 445 demonstrations during a year-long political crisis following disputed election results in July last year, municipal police chief Chuon Sovann said Wednesday. “About 445 protests had occurred in the past 12 months, including more than 80 protests led by the ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/30/c_133520567.htm

At government rally, all proceeds smoothly

While workers and opposition supporters marched to mark Labour Day yesterday, and baton-wielding district security guards enforced a ban on gatherings, a very different, uninterrupted rally took place at the capital’s Koh Pich Exhibition Center. About 2,000 workers from pro-government unions and government officials heard Labour ...

Mom Kunthear
http://www.phnompenhpost.com/national/government-rally-all-proceeds-smoothly

CNRP to hold 5,000-member conference this month

The opposition CNRP will host a conference in Phnom Penh on July 27 with 2,000 members of its National Council along with about 3,000 elected commune councilors, according to a statement issued by the party Wednesday. “Although the leaders are busy visiting and helping the people ...

Mech Dara
http://www.cambodiadaily.com/news/cnrp-to-hold-5000-member-conference-this-month-63735/

Trash to double over festival

The heaps of fly-covered refuse known to accumulate around the capital are set to grow a whole lot worse as millions of visitors arrive for the upcoming Water Festival and tax the city’s overburdened trash collector. More than two million additional people are expected to crowd ...

Laignee Barron and Pech Sotheary
http://phnompenhpost.com/national/trash-double-over-festival

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