Hun Sen invites WEF Executive Chairman to attend ASEAN Global Dialogue in Phnom Penh
Prime Minister Hun Sen has invited Prof. Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), to attend the 2nd ASEAN Global Dialogue to be held in Phnom Penh in November this year. ...
Khmer Times Staff
Key stakeholders report Kingdom’s investment climate friendly, favourable
In a series of interviews conducted by a World Economic Forum team with key stakeholders across policymakers, firms, business associations and researchers, amounting to 41 separate entities, firms have reported Cambodia as possessing a friendly investment and business environment. ...
Hun sen scolds media during forum session
Prime Minister Hun Sen used a news conference at Thursday’s World Economic Forum on Asean in Phnom Penh to warn that two foreign-owned news outlets, including The Cambodia Daily, were “against” the government and that journalists who did not report “properly” would be seen as ...
Post-Obama, Hun Sen faces uncertain US policy
If it wasn’t already clear, Prime Minister Hun Sen on Friday let an audience at the World Economic Forum in Davos know how he really felt about former U.S. President Barack Obama and his administration’s “pivot” to Asia. ...
Government responds to Global Witness
Government officials reacted strongly yesterday to a recent statement by NGO Global Witness calling on Switzerland, the host of this year’s World Economic Forum, to turn away Prime Minister Hun Sen and not give him a platform to find new international business partners. ...
PM: harness the Mekong region's economic power
The Greater Mekong Sub-region (GMS) has the potential to become a major global production center due to its favorable geographical location and its proximity to economic powerhouses in both Southeast and South Asia, Prime Minister Hun Sen said yesterday. ...
Cambodia stuck on money laundering blacklist
Cambodia has been listed as the highest-risk nation in ASEAN, and ranks sixth globally, for its susceptibility to money laundering and terrorism financing in a recently released global index that charts the vulnerability of 149 nations. ...
Competitiveness ranking slips
A lack of innovation has contributed to Cambodia dropping seven spots on the World Economic Forum’s 2014-15 Global Competitiveness Report (GCR), which was released on Wednesday. The Kingdom ranked 95th out of 144 countries, down from 88th in the previous report, according to the GCR. Apart ...
Acleda joins WEF growth club
Cambodia’s largest financial institution, Acleda Bank, has been adopted into the World Economic Forum’s group of Global Growth Companies (GGC), an exclusive club made up of some of the world’s fastest-growing medium-size firms. The WEF yesterday announced that 20 companies from the Asia-Pacific region had been ...
Business employers say corruption greatest threat to economy
Corruption remains the most significant challenge facing Cambodia’s economy, according to a survey of more than 300 employers conducted last year by the International Labor Organization (ILO), the results of which were released Tuesday. Despite legislation meant to stamp out graft, corruption continues to be perceived ...
Cambodia low on energy ranking
Low electrification rates and over-dependence on fossil fuel imports have contributed to Cambodia’s abysmally low ranking in the new World Economic Forum’s Global Energy Architecture Performance Index Report for 2014. Cambodia ranked 120 out of 124 nations, with a so-called Energy Architecture Performance Index (EAPI) score ...
Cambodia Ranked Most Corrupt Country in the Region
Cambodia is now ranked as being perceived by investors as Southeast Asia’s most corrupt country, surpassing Laos and Burma on Transparency International’s annual corruption index. Cambodia ranked 160 of 175 countries in the report, with its index score a mere 20 out of 100. That’s two ...
Index Shows Little Progress on Gender Equality
Cambodia has made little progress on gender equality and is the lowest-ranked country in the region, according to the World Economic Forum’s (WEF) 2013 Gender Gap Index released Friday, slipping a place from last year to rank 104 out of 136 countries. The index examines the ...
Troubling contrasts in ASEAN
Some of these ASEAN economies are not like the others. Singapore is 80 times richer than Myanmar and its population lives 20 years longer than Cambodia’s, while Myanmar ranks 50 places behind Cambodia in terms of global competitiveness, according to a wide-ranging analysis from the World ...
Tourism not competitive
Cambodia ranks last in travel and tourism competitiveness among eight Southeast Asian countries, according to a recently published study by the World Economic Forum. The Travel and Tourism Competitiveness Report 2013, which excluded Laos and Myanmar, said Cambodia comes 106th out of 140 countries this year, ...
Cambodia Least Competitive in Region on Global Index
Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...