News

Not all paths to growth the same

Denis Hew, director of the policy support unit at the Asia-Pacific Economic Cooperation Secretariat said that Cambodia and Laos, in particular, should seek to chart a different course in Asean rather than following growth models of more developed economies, such as Malaysia or Thailand. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/not-all-paths-growth-same

Credit Suisse’s HAGL holdings drawing fire

Credit Suisse, a financial services firm based in Switzerland, has been accused of aiding land grabbing in Cambodia by becoming a major shareholder in Vietnamese rubber giant Hoang Anh Gia Lai (HAGL) Group. In a statement released today, Global Witness (GW), an NGO based in England, ...

Shane Worrell
http://www.phnompenhpost.com/national/credit-suisse%E2%80%99s-hagl-holdings-drawing-fire

Bank exits rubber firm: NGO

Global Witness, a United Kingdom-based NGO, has alleged that Deutsche Bank has dropped the majority of its holdings in a Vietnamese company that operates rubber plantations in Cambodia, amid accusations the firm is involved in land grabbing and illegal logging. In a statement released today, Global ...

Shane Worrell
http://www.phnompenhpost.com/national/bank-exits-rubber-firm-ngo

Update says rubber company up to old tricks

Vietnamese rubber firm Hoang Anh Gia Lai (HAGL) has failed to keep its commitments to address human rights and environmental abuses at its plantations in Cambodia, Global Witness said in a statement yesterday. In May, the London-based NGO published an investigation into two Vietnamese rubber companies ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/update-says-rubber-company-old-tricks

Banks Urged to Divest From Ratanakkiri-Based Rubber Firm

Environmental campaign group Global Witness on Thursday called on the International Finance Corporation (IFC) and Deutsche Bank to divest immediately from a Vietnamese firm whose rubber plantations in Cambodia are accused of rampant illegal logging and forced evictions of indigenous communities. The call came exactly six ...

Zsombor Peter
http://www.cambodiadaily.com/news/banks-urged-to-divest-from-ratanakkiri-based-rubber-firm-47045/

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