Dr. Chang Yong Rhee, the Director of the International Monetary Fund (IFM)'s Asia and Pacific Department, reflects on why Southeast Asia has made such strong strides in recent decades.
Cambodia Tender and Business News
Singapore-based Grab, a taxi aggregator and major provider of ride-sharing services similar to Uber in Southeast Asia, is expected soon to close on a deal with Japan’s SoftBank for another $500 million in capital.
As Southeast Asia's economy rises, the lure of fast money is inescapable. That's behind what's happening to Sihanoukville, Cambodia, and this story from IPS Inter Press Service News Agency's Kris Janssen.
Three years ago the 2030 Agenda for Sustainable Development was set, along with specific goals. As of now, the Asia Pacific region is only on track for just one goal, unlikely for quite a few others, and going in the opposite direction for others -- most seriously regarding inequality.
Singapore-based Lodgis Hospitality Holdings Pte., Ltd., a hospitality company, is expanding its footprint in Cambodia with the acquisition of two historic landmark hotels there.
The Government of the Kingdom of Cambodia in Phnom Penh has signed a loan agreement with the Japan International Cooperation Agency (JICA) for a loan of up to 9.216 billion yen for the Phnom Penh City Transmission and Distribution System Expansion Project, Phase II.
Grab, a Singapore-based technology company that offers ride-hailing and logistics services has acquired Uber's Southeast Asia operations to integrate Uber's ridesharing and food delivery business in the region into Grab's existing multi-modal transportation and fintech platform.
The Southeast Asia--Japan 2 consortium (SJC2) signed an agreement with NEC Corporation to build a high performance submarine cable connecting Singapore, Thailand, Cambodia, Vietnam, Hong Kong, Taiwan, mainland China, Korea and Japan.
Blocking of individual websites, forced real-name registration of individuals operating on social media platforms, and outright censorship are doing substantial damage to internet freedom in Southeast Asia.
The 2018 budget for U.S. de-mining operations in Cambodia is zero, more innocent people will be maimed and killed as a result.
Thai paint and coating company TOA Paint, through its subsidiary TOA Coating in Cambodia, is constructing a factory at the industrial park in Phnom Penh, Cambodia.
Chem-Dry, a global carpet and upholstery and hard surface floor cleaning services provider based in Tennessee, has signed a Master Franchise agreement for Cambodia with Sokny Sao, an established business owner in the capital city of Phnom Penh.
Cambodia is rapidly closing down freedoms in many walks of life in the country. Independent media is being shut down, and even a major opposition politician was arrested, apparently as a move to silence any challenges to the government.
Elections are coming up next year in Cambodia, but the Cambodian government is wasting no time to attempt to silence aid organizations and the media. Its first attacks included demands of immediate payment of massive tax debts by newspapers and radio stations, and an aid organization being given a week to leave the country.
Southeast Asia workers make up a major part of the migrant worker community internationally. Though the job pay may be good, access to justice is often out of reach for those workers, as they are threatened with everything from taking their passports to immediate deportation if they complain.
Cambodia's new public transportation system in Phnom Penh recently received a shipment of 98 Yutong buses. They are powered by China's Guangxi Yuchai Machinery Company Limited's (GYMCL) YC6G240-30 and YC4G180-30 engines.
Hitachi, a major provider of elevators throughout China, Asia and the Middle East, is now getting its chance to expand in the United Kingdom. It will do via its just announced acquisition of Temple Lifts, Ltd., a UK-based distribution and service provider for lifts.
Multilateral development banks (MDBs) leaders have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.
Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.
Hitachi, Ltd. of Japan just announced the formation of a major joint venture, Hitachi Elevator (Cambodia) Co., Ltd. to support the rapidly-growing market needs of the Cambodian market.
The Japan International Cooperation Agency (JICA) has contracted with NEC Corporation to provide cyber-attack defense tools and training to six members of the Southeast Asian Nations (ASEAN) group.
Vietnam's Mekong Tourism Coordinating Office and the Mekong Business Initiative just announced a way to make it easier for innovative tourism businesses to gret established in Cambodia, Laos, Myanmar and Vietnam. It will all happen via their jointly-launched Mekong Innovative Startup Tourism (MIST) Initiative and the launch of two new startup accelerators.
With the Trans-Pacific Partnership (TPP) dying on the vine, the Regional Comprehensive Economic Partnership Agreement (RCEP) may take its place.
The Trans-Pacific Partnership Agreement (TTP) may for all practical purposes be dead, but the new Regional Comprehensive Economic Partnership (RCEP) agreement being negotiated this week could reinstate one of the worst parts of the TPP. RCEP would grant corporations the exclusive right to bypass domestic legal systems and sue governments at international tribunals whenever they feel government regulation can limit their profits.
In Kampong Speu province, when the wet weather doesn’t come, as in other parts of Cambodia, it can affect whether food goes on the dinner table.