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Entries from May 2008

Asian Investment in Cambodia Expected to Lead in 2008

February 29th, 2008 · No Comments

Western nations only made up 15 percent of foreign investment in Cambodia whereas Asian nations, such as China and South Korea, made up over 60 percent foreign investment in Cambodia in the years of 1994 to 2003 according to Earthtimes.
More specifically, China foreign investment in Cambodia accounted for $1.76 billion and South Korea foreign […]

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Tags: Cambodia Foreign Direct Investment

Food Inflation Hits Cambodia Economy

February 27th, 2008 · 2 Comments

Food inflation is now beginning to hit Cambodia’s poor and the Cambodia economy according to AFP.
Cambodia inflation in 2007 hit 10.8 percent as compared with 2.8 percent in 2006.
The result has caused the price of food and other staple goods to skyrocket therefore sending the poor into deeper poverty.
It is estimated that Cambodia economy […]

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Tags: Cambodia Economy

Noppadon Pattama Denies Claims of Meeting with Thaksin

February 20th, 2008 · No Comments

Cambodia government’s Foreign Minister Noppadon Pattama has denied that the Thailand government’s Prime Minister Samak Sundaravej plans to meet with ousted premier Thaksin Shinawatra in Cambodia according to the Bangkok Post.
The rumor comes as word that Thaksin Shinawatra is set to play gold with Cambodia government’s prime minister Hun Sen at the same time of […]

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Tags: Cambodia Government

Cambodia Investment Hits $2.8 Billion in 2007

February 15th, 2008 · No Comments

Cham Prasidh, the Cambodian Commerce Minister, announced that investment in Cambodia reached $2.8 billion in 2007 according to Xinhua News.
Although, the number of Cambodia investments was lower in 2007 than in 2006, the Cambodia government expects 2008 to continue to grow with several jumbo projects currently in negotiations.
Garment, tourism, infrastructure construction and agriculture make up […]

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Tags: Cambodia Foreign Direct Investment

3P Networks to Acquire Majority of Cambodia Spectrum

February 12th, 2008 · No Comments

3P Networks, US telecom firm, is currently in negotiation with the Cambodia government in order to acquire a significant portion of Cambodia’s frequency spectrum according to Xinhua News.
The Cambodia investment would allow 3P Networks to bring unique cost-effective telecommunication solutions in the areas of fixed and wireless Voice over Internet Protocol (VoIP) and broadband to […]

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Tags: Cambodia Foreign Direct Investment