Economy and industry

Kingdom scores low on human capital index

A report released on 28 June by the World Economic Forum underscores Cambodia’s poor performance at educating and training its citizens in order to develop a competitive workforce and put their skills to productive use. The Kingdom ranked 100th out of 130 countries in terms of human ...

China’s last wild river carries conflicting environmental hopes

Three great rivers rush through parallel canyons in the mountains of southwest China on their way to the coastal plains of Asia. At least 10 dams have been built on two of them, the Mekong and the Yangtze. The third remains wild: the remote, raging ...

Thai officials, Myanmar migrant workers fired after Daw Aung San Suu Kyi’s state visit

The Thai government has sacked six officials in the town that State Counsellor Daw Aung San Suu Kyi visited last week. On the day Daw Aung San Suu Kyi visited Mahachai’s seafood market, Myanmar migrant workers accused local authorities of manipulating the arrangement so that only ...

Chinese firm floats proposal for rail link to capital’s port

A representative of China Railway 16th Bureau Group met with Transportation Minister Sun Chanthol on 26 June to discuss a $250 million project proposal that would link the container terminal of Phnom Penh Autonomous Port to the Southern Line, a 266-kilometre rail line that stretches from ...

Laos, Cambodia to develop land links, trade and investment

Laos and Cambodia have agreed to continue to strengthen cooperation and to develop land links to enhance trade and investment between the two nations. The plans arose from a meeting between Prime Minister Thongloun Sisoulith and his Cambodian counterpart Hun Sen when Mr Thongloun visited Cambodia ...

Mekong Delta urged to step up paddy farming

The Ministry of Agriculture and Rural Development has called for provinces in the Mekong Delta to expand paddy farming in areas with favorable weather conditions given positive projections for outbound sales of the staple food later this year. With positive market forecasts by the VFA, Deputy ...

Banking service deemed poor

While Cambodia’s crowded banking sector has enjoyed strong growth, the majority of consumers surveyed have cited dissatisfaction with banking services as a main impediment for the sector’s confidence and future growth. “Banks need to serve the people and teach them how to spend, invest and save ...

Vietnam in danger of losing shrimp export markets

Vietnamese seafood exporters are scrambling to buy raw materials to compete with  Chinese businesses to fulfill export contracts. Local newspapers quoted sources as reporting that shrimp processing workshops in Mekong River Delta are now running at just 50-60 percent of capacity because of the lack of ...

Effective management helps Saravan save millions from state-invested projects: governor

Saravan province has been able to save about US$18 million from state investment projects thanks to effective management of their infrastructure development projects. The projects that the moneys were saved from included the 15A Road construction project linking the Napong area to the province with a ...

China calls for calm After Brexit, seeks ‘stable and united’ EU

China called for a calm response to the U.K.’s unprecedented Brexit vote, saying a “stable and united European Union was in the interest of all parties.”“The decision of leaving the EU has an impact on everything, and we believe all related parties must calm down ...

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