News

The French Agency for Development (AFD) announced yesterday that it will provide $24 million to finance privately owned water and power providers to supply rural areas that state-run utilities cannot reach. During a ceremony held at the Ministry of Economy and Finance, the AFD and the ...

Southeast Asian countries are likely to miss a deadline for the economic integration of Asean in 2015, a leading economist says. Jayat Menon, an economist for the Asian Development Bank, told reporters in Phnom Penh Wednesday that Asean countries are behind on key targets for integration ...

Building partnerships to realize the potential of the Cambodia-Laos-Vietnam Development Triangle was the theme of a forum in Buon Ma Thuot City, the Central Highlands province of Dak Lak on April 21. The event, co-hosted by the Ministry of Planning and Investment and the Asian Development ...

Vietnam’s HAGL JSC is expanding its overseas plantations and plans to harvest corn in Cambodia and Laos this year, Bloomberg News reported Monday. ...

The Prime Minister of Cambodia and the Speaker of the Laotian Parliament are set to come to Belarus on official visits, Spokesman for the Belarusian Foreign Ministry Dmitry Mironchik told reporters on 17 April, BelTA has learnt. ...

Business International Monitor said Thursday that Cambodia, Laos and Myanmar were expected to outperform their regional peers in terms of real economic growth in the longer term. In a statement, the London-based firm said the three countries would offer ” substantial opportunities for investors over the coming decade, ...

Laos plans to establish consulate general in Siem Reap province to boost bilateral cooperation with Cambodia through tourism and trade, a senior official from Ministry of Foreign Affairs said on Wednesday. “Tourism from Laos is increasing annually, so Lao PDR will establish a general consulate based ...

The International Monetary Fund is projecting further modest acceleration in Cambodia’s rate of economic  expansion over the next five years. In the latest World Economic Outlook released Tuesday, the IMF projects that Cambodia’s gross domestic product will grow from an estimated 7.0 percent last year to ...

The World Bank upwardly revised Monday its GDP growth forecast for Cambodia this year to 7.2 percent, up from its October projection of 7.0 percent. In explaining the higher forecast, the bank’s East Asia and Pacific Economic Update pointed to “the expectation of renewed confidence and ...

The World Bank says Cambodia has the most open foreign direct investment regime in ASEAN while Thailand has the most restrictive. In a report released Monday, the bank also said that Cambodia had recently emerged as ASEAN’s second-biggest recipient of foreign direct investment in the agricultural ...

In a rare moment of honesty a Cambodian official has admitted his doubts about his country’s ability to meet regional expectations in time for the launch of the much vaunted ASEAN Economic Community (AEC) by the end of 2015. “If you talk about short-term: Yes, we ...

Environmentalists have expressed disappointment at the outcome of the second Mekong River Commission (MRC) summit, which wrapped up yesterday. International Rivers, an environmental and human rights organisation, yesterday released a statement slamming regional leaders’ failure to address concerns over the proliferation of dams on the mainstream ...

Cambodian Prime Minister Hun Sen flew Friday to Ho Chi Minh City, Vietnam to attend the second Summit of the Mekong River Commission (MRC), which will be held on Saturday. The premier was accompanied by Minister of Water Resources and Meteorology Lim Kean Hor, Environment Minister ...

Cambodia will probably call for a moratorium on the Laos’ 260-megawatt Don Sahong dam development project on the lower Mekong River during the second Summit of the Mekong River Commission (MRC), to be held on April 4 and 5 in Ho Chi Minh City of ...

In anticipation of a regional summit this weekend, government officials and civil society have their sights locked on a controversial hydropower development just across the Cambodian border in Laos. NGO Forum submitted an open letter yesterday urging Prime Minister Hun Sen to confront Laos about its ...

With time running short before Laos’s Xayaburi hydropower dam enters its final, potentially irreversible stages of construction, a group of NGOs has made another call for its suspension. In a joint declaration released today, 39 organisations based in Cambodia, Vietnam, Thailand and Australia set a one-year ...

Cambodia is not prepared to join Asean’s single regional market and production base next year, a Labor Ministry official said Friday. Next year, the 10 nations of Asean are to create the Asean Economic Community (AEC). Within this community, labor is to flow freely and import ...

Yin Vuth, one of hundreds of Cambodians who protested against the Don Sahong dam over the weekend, said that if construction on the project in Laos goes ahead, the fish will disappear, and once the fish disappear, the dolphins will be next. “All we will have ...

The United States government on Tuesday organized an intellectual property rights (IPR) enforcement workshop for some 50 Cambodian and Lao law enforcement officials. ...

Drug seizures jumped last year, while drug arrests remained relatively steady, according to the annual report from the National Authority for Combating Drugs (NACD) released Monday. As in 2012, methamphetamine retained its position as the most commonly seized type of drug. Police confiscated 17.3 kg of methamphetamine ...

In its race to cash in on hydropower without first addressing its downstream implications, Laos could pitch the region into a water crisis and jeopardise millions of Cambodian’s food security, conservation groups and Cambodian government officials said yesterday. “Lao PDR is exploiting the Mekong River to ...

Cambodian experts on Thursday expressed concerns over the Laos Don Sahong dam development project, saying the proposed hydroelectric dam would pose a serious threat to the existence of the biodiversity on the Mekong River in Cambodia. Some 90 conservationists, environmentalists, development partners, academia, fishery scientists, and ...

Already under attack by overfishing, pollution and deforestation, Tonle Sap Lake fisheries face an even bigger threat in the form of hydropower dams, according to experts. Laos’ planned Don Sahong Hydropower Project in particular has environmentalists fearing an emptier, less bio-diverse lake, and a nation pitched ...

Thailand’s Viriyah Insurance, one of the biggest firms of its kind in the country, is seeking to expand its motor vehicle business in Southeast Asia, according to a report yesterday in the Bangkok Post. ...