Cambodia average annual FDI inflows growth at 8.1 percent
Cambodia recorded an average annual FDI inflow growth of 8.1 percent from 2017 to 2021, according to ESCAP’s Asia-Pacific Trade and Investment Trends 2022/2023 Country Report for Cambodia. ...
Adur Pradeep
https://www.khmertimeskh.com/501222747/cambodia-average-annual-fdi-inflows-growth-at-8-1-percent/
Foreign ministry official meets with OIF delegate
Senior officials from the Ministry of Foreign Affairs and International Cooperation and the Organisation Internationale de la Francophonie (OIF) for Asia-Pacific met for talks on regional issues and the development of human rights and democracy in Cambodia. ...
Post Staff
https://www.phnompenhpost.com/national/foreign-ministry-official-meets-oif-delegate
Climate risks on Cambodian children
A UNICEF report has found various risks that impact children in East Asia and the Pacific, including impacts affecting Cambodian children, while calling for measures to safeguard their rights and future ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-climate-risks-on-cambodian-children
Hun Sen aims to ban imports of non-recyclable waste
Cambodia could soon become the next Asian country to reject the importation of rubbish from overseas, despite suggestions from the private sector that Cambodia could burn waste to produce electricity. According to The Guardian, China’s ban on foreign waste last year left developed nations struggling to ...
Ben Sokhean
https://www.khmertimeskh.com/50623834/hun-sen-aims-to-ban-imports-of-non-recyclable-waste/
Cambodia initiates first-ever employment policy
The International Labor Organization says a new National Employment Policy will improve the country’s economy for the young generation.The policy, drafted with the help of Sweden, aims to increase “decent and productive” employment opportunities, enhance skills and human resources development, and strengthen labor market governance, ...
Sok Khemara
http://www.voacambodia.com/content/cambodia-initiates-first-ever-employment-policy/3020097.html
Go Communications buys out Cambodian agency
Malaysia-based GO Communications Group has acquired 100 percent of a public relations agency in Cambodia as a part of its ambitious plan to control a leading PR network in Southeast Asia, chief executive officer Michael De Kretser said In terms of foreign direct investment in Cambodia, ...
http://www.nationmultimedia.com/business/Go-Communications-buys-out-Cambodian-agency-30189095.html
Study reveals extent of Mekong dam food security threat
The planned construction of hydropowered dams on the Mekong River in South-East Asia could jeopardise livelihoods, water access and food security for 60 million people, across Cambodia, Laos, Thailand and Vietnam, according to a study. The study reports that dams will block fish migration routes and ...
6.7% growth forecast for Cambodia
Cambodia is projected to have the second fastest-growing economy in Southeast Asia over the next two years, the World Bank said in a regional economic update last week. Gross domestic product is forecast to expand 6.7 per cent next year and 7 percent in 2014. That ...
http://www.nationmultimedia.com/aec/6-7%C2%A0rowth-forecast-for-Cambodia-30196729.html
Laos draws ire of neighbors with Mekong River dam plans
Laos will push ahead with its ambition to become the “battery of Southeast Asia,” planning a Mekong River dam that has drawn opposition from neighbors and threatens to involve China and the U.S. Four Mekong River nations are scheduled to meet June 26-27 in Thailand to ...
Bloomberg News Staff
http://www.businessweek.com/news/2014-06-03/laos-draws-ire-of-neighbors-with-mekong-river-dam-plans
Gender course to be piloted at Royal University
Gender studies will be incorporated into the curriculum at Cambodia’s largest university in an effort to shape the country’s top students’ views on the role of women in society, educators and experts said on Wednesday at a workshop on the course. A pilot program will begin ...
Holly Robertson and Sun Heng
http://www.cambodiadaily.com/news/gender-course-to-be-piloted-at-royal-university-63740/
Sokha Hotel officially opens
After more than six years of construction, the Sokha Phnom Penh Hotel and Residence officially opened its doors to the public yesterday, with Prime Minister Hun Sen on hand to inaugurate the city’s newest hotel. Speaking at the launch, Hun Sen said the Sokha Hotel will ...
Hor Kimsay
http://www.phnompenhpost.com/sokha-hotel-officially-opens
Coronavirus brings trouble to Cambodia’s garment industry
Hundreds of garment factories in Cambodia and elsewhere in Asia are facing serious financial problems because clothing brands have either canceled their orders or stopped placing new ones over the past several weeks. ...
Khmer Times Staff
https://www.khmertimeskh.com/50718817/coronavirus-brings-trouble-to-cambodias-garment-industry/
UN rolls out fund for women-led firms
Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...
May Kunmakara
https://www.phnompenhpost.com/business/un-rolls-out-fund-women-led-firms
Tax scrutiny ‘not pandemic-related’: Ministry of Economy and Finance collected more than $2.87bn in taxes last year, up 3.73% on 2019
With corporations in Southeast Asia reporting being swept up in tax audits while governments work to increase revenue during the pandemic, there are conflicting views regarding whether Cambodian firms are facing additional scrutiny. ...
Mekong under threat: MRC
The Mekong River Commission (MRC) called for urgent action to protect the river for the benefit of the millions of people throughout Southeast Asia who depend on it. The Mekong is severely impacted by water infrastructure projects and climate change, it said. ...
Ry Sochan
https://www.phnompenhpost.com/national/mekong-under-threat-mrc
Cambodia pushes for investment hub status in ASEAN
Investment-friendly tax and investment laws and incentives, as well as the industrial development policy, are geared towards making Cambodia an investment hub and centre for automotive and electronics manufacturing in Southeast Asia. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-pushes-for-investment-hub-status-in-asean
Siem Reap hosts regional training course on “Exchange Rate Policy”
The National Bank of Cambodia (NBC) has been hosting a training course of “Exchange Rate Policy” with the participation of 34 representatives from central banks and monetary authorities of 12 countries in Asia Pacific Region. ...
Khmer Times Staff
https://www.khmertimeskh.com/501348464/siem-reap-hosts-regional-training-course-on-exchange-rate-policy/
Thailand works to spur exports to Cambodia, among four potential markets
Thailand’s Commerce Ministry is scheduled to organise about 450 activities to stimulate exports this year, focusing mainly on four potential markets namely the Middle East, South Asia, China, and the CLMV (Cambodia, Laos, Myanmar and Vietnam), a senior official has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501239181/thailand-works-to-spur-exports-to-cambodia-among-four-potential-markets/
Britain allots additional $3.8 million for mine clearance
The United Kingdom has pledged a further $3.8 million in funding to support mine clearance efforts in Cambodia, as part of a broader commitment to aid eight countries across Africa and Asia. ...
Taing Rinith
https://www.khmertimeskh.com/501443991/britain-allots-additional-3-8-million-for-mine-clearance/
World Bank sees Cambodia and Philippines as fastest growing developing ASEAN economies this year
The World Bank forecast Monday that GDP in Cambodia and the Philippines would expand by 5.8 percent this year, making the two countries the fastest growing developing economies in Southeast Asia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501466304/world-bank-sees-cambodia-and-philippines-as-fastest-growing-developing-asean-economies-this-year/