News

Japanese chain to open hotel in 2015

Budget business hotel group Toyoko Inn hope to draw East Asian businesspeople and travellers to Phnom Penh The Toyoko Inn, which is a joint venture between the Overseas Cambodia Investment Corporation (OCIC) and a Japanese budget, business hotel chain, is slated to open in May 2015. ...

Siv Meng
http://www.phnompenhpost.com/post-weekend/japanese-chain-open-hotel-2015

A burden to bear

Among the exotic wildlife that prowls Cambodia’s forests are large furry creatures that may be far more familiar to European and North American visitors than the ever-dwindling populations of large cats and beastly elephants. The Kingdom’s bears climb trees and devour honey just like their ...

Bennett Murray
http://www.phnompenhpost.com/7days/burden-bear

Gov’t to push rural sanitation

With the vast majority of rural Cambodians still lacking access to a toilet, and suffering the incumbent health risks, Ministry of Rural Development officials on Monday renewed long-standing intentions to improve the country’s sanitation infrastructure. Just days after World Toilet Day, the officials surveyed villages ...

Sen David and Laignee Barron
http://www.phnompenhpost.com/national/gov%E2%80%99t-push-rural-sanitation

World Bank says Cambodian political uncertainty has 'Unclear' impact

The World Bank said Monday that the impact of Cambodia’s political uncertainty was “unclear” but left its growth forecasts unchanged for this year and next year.  “The Cambodian economy remains robust amidst a challenging global economic environment,” the bank said in its East Asia and Pacific ...

The Cambodia Herald Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTBjN2JiMjBlMzI

Cambodia exposed to large fiscal risks from disasters

Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned yesterday. In its annual economic update on East Asia and the Pacific, the bank said the region was the most disaster-stricken in the ...

http://usa.chinadaily.com.cn/world/2012-12/20/content_16035026.htm

Asean Leaders See Economic Integration as Important

Asean leaders Tuesday discussed the importance of expanding economic opportunity for the region, vowing to increase efforts for better trade and investment amid members states and with the US. Surin Pitsuwan, secretary-general of Asean, said “more and more” was expected of Asean today. “So it is ...

http://www.voacambodia.com/content/asean-leaders-see-economic-integration-as-important/1549856.html

Cambodia calls for deeper East Asian financial cooperation

Cambodia called Monday for the further deepening of ASEAN’s financial cooperation with China, Japan and South Korea. According to a paper circulating at a gathering of leaders to mark 15 years of cooperation between the 13 countries, so-called ASEAN+3 financial cooperation has “achieved many solid outcomes” ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWJiZTczMjAyZmJjMGZlNzhjM2FiMGQwZjUzN2M2

Commodities Prices a Risk, Bank Says

Despite offering an uplifting outlook for Cambodia’s economy this year, economists at the World Bank said yesterday that it could still succumb to volatile commodities prices, particularly food and gas. Speaking to journalists after the release the bank’s East Asia and Pacific Economic Update for 2012, ...

CAMBODIA HOSTED 7TH ASIA ECONOMIC FORUM

Cambodia, on Saturday, hosted the 7th Asia Economic Forum ( AEF) under theme of “The Asian Century in the Making: Achievements, Challenges and Future Trends” while highlighting the majority of the region’s demonstrated remarkable resilience against the global economic and financial crises, while major superpowers ...

http://thesoutheastasiaweekly.com/?p=1305

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