World Bank hears local officials’ woes for pending 3-year plan

High electricity prices, low wages, limited irrigation and modest rice and crop prices were among the top concerns raised by government officials at a workshop in Phnom Penh on Monday to help the World Bank decide how to spend its money on the country over ...

Aun Pheap and Zsombor Peter

Poor electricity and labor force hurting economy, report says

The World Bank and Asian Development Bank issued a report on Tuesday, urging Cambodia to improve its electricity supply and workforce in order to be competitive. Intermittent electricity, informal payments and a low-skill labor force are all major constraints to doing business in Cambodia, the ...

Heng Reaksmey

Cambodia's economic growth forecast to reach 7.2% in 2014, 7.5% next year – World Bank

Cambodia’s economic growth is forecasted to reach 7.2 percent in 2014, and 7.5 percent next year according to a report by World Bank on Monday. The report said Cambodia’s garments continue to be the key engine of growth, followed by construction. The poverty rate continued to ...

The Cambodia Herald News Staff

Standards Building Up Safety Fears

When a 100-metre-long section of a Phnom Penh garment factory crumpled in on itself like a cheap pup tent, Sen Sok district officials promised an investigation. The results of that investigation, which was to have taken place more than a year ago, in March 2012, ...

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