The Southeast Asia Weekly

“Cambodia’s economic growth will stand about 7 per cent this year,” director general of National Bank of Cambodia His Excellency Chea Chanto said. He adds: “Cambodia is trying to diversify its economies to boost the growth.” At the same time, the report from World Bank said: ...

Cambodia expects to gain money from carbon credit next year and it will take their money to develop forest community to support sustainable development, officials said this week. An environmental officials said: Cambodia will likely get money from carbon credit through selling carbon credit to foreign ...

The media release from ministry of land management, urbanization and construction on August 10 said: after getting information of irregularity on implementing the social economic land for former armed forces and poor families which published in media on June 14,2012. Ministry set up a committee to monitor the ...

South Korea and Cambodia have agreed to share military supplies in peacekeeping and rescue operations as part of efforts to expand military ties between the two sides, the defense ministry here said Tuesday. Lee Seon-chul, the head of the South Korean defense ministry’s logistics managment bureau, ...

Samdech Prime Minister Hun Sen on Thursday said: Cambodia has permitted the construction and opening of casinos at the border areas with neighboring countries for “secret strategy” to protect the country’s territory. He replied to opposition party who said gambling dens were harmful to the ...

The 4th world class Japanese Oji Paper Co. Ltd will invest in tree planting in Cambodia for paper manufacture. The information was made known here on Aug. 7 by the Japanese company’s Director Mr. Shimamura Gemmei in a meeting with Cambodian Minister of Agriculture, Forestry ...

Samdech Prime Minister Hun Sen said this week that he will talk with Chinese leaders especially his Chinese counterpart PM Wen Jiaboa about finance to build 300-500 km rural roads in the country in contribution of helping poverty reduction and living conditions of the local ...

Cambodia has gained the investments of 178 million U.S. dollars from its ASEAN member states in the first six months of 2012, according to a report from the Council for the Development of Cambodia said this week. From January to June this year, the country granted ...

Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...

[The] Construction sector has attracted a total investment of 868 million U.S. dollars in the first six months of 2012, up 36 percent from 37 million U.S. dollars at the same period last year, a report from the ministry of land management, urban planning and ...

Deputy Prime Minister and Minister of Economy and Finance H.E. Keat Chhon announced that Cambodia would be free from the Official Development Assistance (ODA) by 2030. Speaking to the U.S. Ambassador to Cambodia H.E. William E. Todd in a discussion at the ministry yesterday, H.E. Keat ...

PHNOM PENH: The International Labor Organization (ILO) and Ministry of Labor and Vocational Training launched a Decent Work for All Profile for Cambodia which assesses progress in the development of labor market conditions and protection for workers over the past decade on Monday 30th July. “Launching ...

The ASEAN Post Ministerial Conference (PMC) 10 + 1 Session with 10 ASEAN’s Dialogue Partners, namely, Australia, Canada, China, the European Union (EU), India, Japan, New Zealand, the Republic of Korea, the Russian Federation, and the United States of America were held in Phnom Penh, Cambodia, on 11 July 2012. They focused on cooperation ...

Cambodia’s garment workers will earn 10 US dollar additional wage from September 1, the statement from the advisory committee of labor said this week. The announcement was made after the meeting between union leaders, employers and minister of labor Vong Suth on July 11. “450,000 of 600,000 workers from 700 garment and shoe factories will get this ...

In a letter to mark the world population day, Prime Minister Hun Sen on Thursday said: “Cambodian population will grow to 18 million in 2030 and 21 million in 2050. Currently Cambodian people are in 1.5 per cent birth rate per year and on average a Cambodian woman delivered 3 babies ...

Two financing agreements, implemented by the French Development Agency, were signed on 12 July 2012 at the Ministry of Economy and Finance, in the presence of the Deputy Prime Minister, Minister of Economy and Finance, H.E.M. Keat Chhon, to support two key sectors for economic and rural development of Cambodia. A financing agreement of 800,000 Euros (1 ...

Lao Foreign Minister Dr. Thongloun Sisoulith said on Friday that Laos has postponed the controversial development project of Xayaburi Dam Cambodia and Vietnam expressed their shared concerns about the construction project of the dam, which could damage and affect the environment, natural resources, and living condition of the people at the lower countries. ...

Siem Reap, home of world heritage Angkor Wat temple was recognized as the cultural city of East Asia 2012. The announced was made in the 13th ASEAN Plus Three Foreign Ministers’ Meeting in Phnom Penh on July 10. “That is an honor for Siem Reap province, said Cambodian officials and tourism sector. The ...

The U.S. has declared today that it would help with $50 million US dollars for lower Mekong countries to speed up the integration and connectivity in the region this year. ...

The tourism industry will resume helping the economic growth of the country, Tourism Minister Thong Khon said this week. Currently we lost about 247 million US dollars on other facilities of tourism fields. He adds: “We agreed that the benefits from tourism have 25% leakage as we earn about 1.9 billion US dollars in ...

Secretary Clinton will arrive in Phnom Penh on July 11 to participate in regional conferences, to both chair and attend ministerial events and to participate in bilateral meetings with Cambodian officials. Regional conferences include the ASEAN Regional Forum, the East Asia Summit Foreign Ministers Meeting. ...

As much of the world struggles with post growth, Cambodia’s tourism and hospitality sector continued to expand and diversify, attracting more intraregional activity and especially from major emerging markets in Asia, MICE segments, as well as traditional leisure clientele. Like neighboring countries Thailand, Vietnam, Malaysia and Laos, Cambodia has quickly emerged into a well sought-after tourist ...

Mr. Luu Meng, president of hotel association in Cambodia said this week that Cambodia needs to develop tourism skills to compete with other countries in the ASEAN region as the kingdom has more opportunity to attract foreign visitors. “Our skills of hospitality are limited in the ...

Cambodia has offered the license for the United Kingdom’s Prudential Company to invest the life insurance in the kingdom. The announcement was made during the meeting between UK ambassador to Cambodia Mark Gooding and deputy prime minister and minister of economy and finance, his excellency Keat Chhon in Phnom Penh. “Ministry granted the approval for ...