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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

Direct flights set for all ASEAN this year

CAMBODIA will have direct flights to all ASEAN member states this year in order to promote stronger growth of the tourism sector in the Kingdom, according to the Ministry of Tourism. Minister of Tourism Thong Khon said Cambodia will become fully connected to the ASEAN region ...

http://www.phnompenhpost.com/2013022861655/Business/direct-flights-set-for-all-asean-this-year.html

Cambodian education investor explains his turn to real estate

Chea Sokheng, general director of Arizon Group Ltd, a potential investor in Cambodia’s education and real estate sectors, said that investment in education is a main contributor to developing human resources and growth of the national economy. Though he mentioned the opportunity to invest in the ...

http://www.phnompenhpost.com/index.php/2012050956044/Business/cambodian-education-investor-explains-his-turn-to-real-estate.html

Development report cites China as growth model

It’s been done numerous times, comparing the “China miracle” to its emerging and frontier neighbours as a benchmark for development. Cambodia might seem an ill-fitted student of the world’s second-biggest economy. But a recent report from the Cambodia Development Resource Institute pointed to some lessons the Kingdom ...

http://www.phnompenhpost.com/index.php/2012050856023/Business/china-seen-as-growth-model.html

Kingdom's 2011 GDP hits 6.9%

Cambodia’s gross domestic product grew 6.9 per cent year-on-year in 2011, and is set to increase to 6.5 per cent this year, according to preliminary projections from the Ministry of Economy and Finance. Agriculture, which was hit hard by floods last year, climbed 3.3 per cent, ...

http://www.phnompenhpost.com/index.php/2012012754182/Business/kingdoms-2011-gdp-hits-69.html

Export figures up 42% in 2011

Strong growth in garment, textile, and agricultural exports drove a 42.7 per cent increase in Cambodia’s total exports for 2011, official Ministry of Commerce data shows. The Kingdom exported $4.98 billion in goods last year, compared with $3.49 billion the year before. Market diversification and a relaxing ...

World Bank expects strong growth in 2012

The World Bank yesterday predicted gross domestic product to grow 6.5 percent this year, though it said that economic conditions could sour if the economies of Cambodia’s largest export markets in the US and Europe deteriorate. In an economic report outlining prospects for all of the ...

After record high, garment exports slow

As predicted by the International Monetary Fund and World Bank earlier this year, growth in Cambodia’s garment sector has started to slow due to weakening demand from markets in the US and Europe. According to the latest figures released by the Garment Manufacturers Association in Cambodia ...

Cambodian rice output grows in 2011 despite floods

Cambodia’s total paddy rice output reached 8.4 million tonnes in 2011, up from 8.25 million tonnes last year, according an initial assessment by the Ministry of Agriculture, Forestry and Fisheries. Provincial MAFF officials from across the Kingdom met in Phnom Penh on Saturday, when data was ...

http://www.phnompenhpost.com/index.php/2011122653608/Business/cambodian-rice-output-grows-in-2011-despite-floods.html

Digital content key to growth for Kingdom's telecom firms

CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...

http://www.phnompenhpost.com/index.php/2011122253557/Business/digital-content-key-to-growth-for-kingdoms-telecom-firms.html

Hun Sen rebukes World Bank

Prime Minister Hun Sen yesterday rebuked the World Bank for revising downward its outlook for gross domestic product growth in the Kingdom, claiming the bank’s projections could cause market panic. The premier also announced a new government projection of 6.4 per cent GDP growth this year, ...

http://www.phnompenhpost.com/index.php/2011112452947/Business/hun-sen-rebukes-world-bank.html

Property sector recovery highlighted

Cambodia’s property sector is said to be recovering from the global financial crisis according to experts. There has been a 10 percent increase in the number of transactions since 2009 with foreign investment a key aspect of the growth. The formation of anti-corruption laws has ...

http://www.phnompenhpost.com/index.php/2011072650637/Business/property-sector-recovery-highlighted.html

Economist Say GDP to Reach 8.7%

Cambodia’s economic growth is expected to reach 8.7 percent this year as a result of the growth within the garment sector and the increased prices for agricultural products. The Economic Institute of Cambodia (EIC) has said that the garment industry, including the manufacturing of shoes, ...

A Tough Ride for S Korean Property Projects

GS Engineering & Construction broke ground on June 18, 2008 of Cambodia’s largest building the International Finance Complex in Phnom Penh but since then has been suspend or forced to downscale like all of the other building projects in the city. Worth more than $4.5 ...

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