Tag Archives: united-states

Exports up despite EU crisis

While sovereign debt crises in Europe and a lagging US economy have yet to curtail cheap Cambodian exports, industry watchers said domestic producers should diversify their target markets to avoid a future slow down. Continue reading

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Kingdom factory goes for the gold

Photo by: Will Baxter A garment worker lays out cloth to be cut at the ShenZhou (Cambodia) Co, Ltd factory on the outskirts of Phnom Penh yesterday. The factory, which employees more than 4,300 workers, is now making Adidas apparel for the 2012 Olympics, which are to be held in London. Continue reading

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IMF’s Cambodia outlook upbeat

Tokyo The International Monetary Fund has upgraded its outlook on Cambodian GDP growth in 2011 from 6.5 per cent to 6.7 per cent just days after government officials announced a full percentage-point reduction in economic expectations. Continue reading

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Firms question SECC prakas

Photo by: Meng Kimlong The trading room at the Cambodia Securities Exchange, which officially opened in July in Phnom Penh. The Kingdom’s securities firms have raised concerns about an impending regulation that they said may stunt growth in the country’s fledgling financial markets Continue reading

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Fifth Round of Peace Corps Volunteers Sworn In

Fifty-nine US citizens were sworn in as Peace Corps volunteers in Phnom Penh on Tuesday, adding to 106 members currently at work across the country. The swearing-in ceremony at the US Embassy came after nine months of training in Takeo province, where the volunteers studied Khmer language and Cambodian culture. Continue reading

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How Asia escapes EU’s woes

Potential threats from Western economies continue to weigh on Cambodia and other Asian countries, with fear of default in Greece once again driving instability in regional markets. Greece’s parliament this week managed to pass yet another austerity measure, though there are some media reports that default is by now inevitable. Continue reading

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New Book Explores Cambodia’s ‘Hidden Scars’

[Editor’s note: “Cambodia’s Hidden Scars” delves into the trauma caused to the Cambodian population by the Khmer Rouge, even today. One of the authors, Daryn Reicherter, is a professor of psychiatry at Stanford University’s School of Medicine. Continue reading

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