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China is top dam builder, going where others won't

Up a sweeping jungle valley in a remote corner of Cambodia, Chinese engineers and workers are raising a 100-meter- (330-foot-) high dam over the protests of villagers and activists. Only Chinese companies are willing to tame the Tatay and other rivers of Koh Kong province, ...

http://www.bellinghamherald.com/2012/12/18/2809176/china-is-top-dam-builder-going.html#storylink=rss

The bitter aftertaste of a sugar deal gone bad

Houy Mai has lost everything to the global demand for cheap sugar and biofuel. The 54-year-old mother-of-eight has fought a years-long battle with Mitr Phol, Asia’s biggest sugar producer and one of three major suppliers to Coca-Cola. Her family was left homeless and without a sustainable ...

May Titthara and Daniel Pye
http://www.phnompenhpost.com/post-weekend/bitter-aftertaste-sugar-deal-gone-bad

Report shows workforce still lacks skills

Cambodia lacks the skilled labor force necessary to advance the economy and the government must find ways to create more valuable work as it faces fierce regional and international competition, according to a new report released Thursday by the World Bank. The report, “East Asia Pacific ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/report-shows-workforce-still-lacks-skills-58432/

ODC Participated in TechCamp Phnom Penh

Greg Bem and Penhleak ChanOn September 25-26, ODC representatives Penhleak Chan and Greg Bem attended TechCamp Phnom Penh at the Royal University of Phnom Penh’s Cambodia-Korea Cooperation Center. Part think tank and part networking party, TechCamp brought minds from all sectors to work together and ...

Orphanages in Cambodia: The good, the bad and the exploitative

The children rehearse twice a day, for about two hours each time – once at 4am, and again at 7pm – so they can perform for tourists on board cruise ships that dock at Phnom Penh year-round.But these children are not professional buskers nor part ...

Mabel Chan
http://www.channelnewsasia.com/news/singapore/orphanages-in-cambodia/2250280.html

Manufacturing to diversify

While Cambodia seeks to diversify its manufacturing sector and encourage higher-value-added activities, experts say it must be supported by the right mix of government policies. The Asia Development Bank (ADB) says that the sharp increase of foreign direct investment (FDI) from $900 million in 2011 to ...

http://www.phnompenhpost.com/2013022561577/Business/manufacturing-to-diversify.html

FTB signs MoU with Tong Yang

The Foreign Trade Bank of Cambodia (FTB) and Tong Yang Securities (Cambodia) yesterday signed a memorandum of understanding on financial consultation services and trade co-operation that is hoped to expand banking and securities business in the country. The MoU should bring the bank and the securities firm into ...

http://www.phnompenhpost.com/index.php/2012042055666/Business/ftb-signs-mou-with-tong-yang-mulls-ipo.html

Obama's chief trade advisor to visit Cambodia, meet ASEAN ministers

The United States Trade Representative Ron Kirk, President Obama’s Chief Trade Advisor, will be visiting Cambodia’s Siem Reap province on Aug. 30-31 to participate in the 44th ASEAN Economic Ministers’ meetings and the ASEAN-U.S. Business Summit, according to a press release from the U.S. Embassy ...

http://www.dap-news.com/en/index.php?option=com_content&view=article&id=9490:obamas-chief-trade-advisor-to-visit-cambodia-meet-asean-ministers&catid=1:local-news&Itemid=18

IFC seeks more Australian partnerships in emerging markets

INTERNATIONAL Finance Corporation, the private-sector arm of the Washington-based World Bank, has invested $US805 million ($770m) in Australian projects around the world These projects are in 24 countries and in sectors ranging from financial services to infrastructure. IFC is an investor in three Macquarie Group-sponsored infrastructure ...

http://www.theaustralian.com.au/business/world/ifc-seeks-more-australian-partnerships-in-emerging-markets/story-e6frg90o-1226454446510

45th ASEAN Foreign Ministers' Meeting kicks off

The 45th ASEAN Foreign Ministers Meeting (AMM) kicked off in Phnom Penh on Monday, focusing on politics, security, food and energy security, economics and culture in order to further advance the bloc’s cooperation toward a community by 2015. Cambodia’s Prime Minister Hun Sen said thatafter 45 years, ...

http://www.chinadaily.com.cn/world/2012-07/09/content_15561089.htm

Piaggio's Vespa Scoots Back Into Phnom Penh

Vespa, the iconic Italian scooter, is now officially available for purchase in Cambodia-again. Italy-based automobile company Piaggio, in cooperation with the local Narita Group, opened the doors yesterday to the country’s first licensed Vespa dealership. The new Vespas range in price from $2,950 for the ...

ADB cites weaknesses of microfinance sector

THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said. “Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were ...

http://www.bworldonline.com/content.php?section=TopStory&title=ADB-cites-weaknesses-of-microfinance-sector&id=60230

Regus Opens in Cambodia, Expands Footprint to 99 Countries

Regus, the world’s largest provider of flexible workplaces is offering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the center enables companies of all sizes to expand their presence in ...

http://www.timescolonist.com/business/Regus+Opens+Cambodia+Expands+Footprint+Countries/7550616/story.html

Hun Sen asks western leaders to help resolve Cambodia’s border disputes

Cambodian Prime Minister Hun Sen sent letters to the leaders of the three western countries on Wednesday asking to borrow a decades-old map to try to settle disputes over alleged territorial encroachment by Vietnam.The Cambodian leader sent letters to U.S. President Barack Obama, French President ...

RFA Khmer News Staff
http://www.rfa.org/english/news/cambodia/hun-sen-asks-western-leaders-to-help-resolve-border-disputes-07152015160828.html

Tepco, Toshiba to manage power grids in Cambodia

Tokyo Electric Power Co. Holdings will team with Toshiba to manage power grids in Cambodia, hoping to secure a new earnings source as the utility grapples with soaring cleanup costs for the Fukushima nuclear plant disaster. ...

Nikkei
http://asia.nikkei.com/Business/Deals/Tepco-Toshiba-to-manage-power-grids-in-Cambodia

IMF sees Cambodia registering a combined GDP growth of one percent this year and to expand to 8.5 percent in 2021

The International  Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, including Cambodia which is forecasted to have a nominal combined GDP projected growth of  1.0 percent this year before surging 8.5 percent next year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50714379/imf-sees-cambodia-registering-a-combined-gdp-growth-of-one-percent-this-year-and-to-expand-to-8-5-percent-in-2021/

SCG reports healthy annual revenue despite 2020’s trials

The Siam Cement Group in Cambodia (SCG) reported sales revenue of $252 million in the Kingdom last year, according to the company’s annual report. SCG is the largest and oldest cement and building material company in Thailand and Southeast Asia. ...

Sok Chan
https://www.khmertimeskh.com/50810439/scg-reports-healthy-annual-revenue-despite-2020s-trials/

Cambodia readies Phnom Penh Statement for ASEM

Cambodia is preparing the draft of the Phnom Penh Statement on the Post-Covid-19 Socio-Economic Recovery for adoption by the leaders of the Asia and Europe during the 13th ASEM Summit hosted by Cambodia in November, Foreign Affairs Ministry Secretary of State Luy David said. ...

Sar Socheath
https://www.khmertimeskh.com/50901237/cambodia-readies-phnom-penh-statement-for-asem/

Cambodia, Laos, Myanmar, Vietnam and Thailand strategy for post pandemic era refined

With the Covid-19 pandemic expected to leave long-term impacts on global investment patterns and consumer behaviour, the CLMVT countries are counting on closer economic cooperation within Southeast Asia to help them benefit from each other’s strengths. ...

Khmer Times Staff
https://www.khmertimeskh.com/50926312/cambodia-laos-myanmar-vietnam-and-thailand-strategy-for-post-pandemic-era-refined/

China pledges bilateral cooperation and $270 million for development projects

In a meeting with Deputy Prime Minister Hor Namhong on Sunday, China’s Minister of Foreign Affairs Wang Yi pledged a $270 million grant and an additional three million Covid-19 vaccine doses, calling Cambodia one of Beijing’s closest allies in southeast Asia.   ...

Yin Soeum
https://www.khmertimeskh.com/50934478/china-pledges-bilateral-cooperation-and-270-million-for-development-projects/

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