Via Asia Times, a report on Cambodia’s economy: No one is sure who first said it, yet it remains a truism that there are three types of lies: “Lies, damned lies and statistics.” Recent reports from China’s Xinhua and several Phnom Penh-based newspapers about Cambodia’s economic prospects this year have given some reason for cheer. According […]
Read more »Via Nikkei Asia, an article on how capital meant for Myanmar may seek havens in Vietnam and Cambodia: The military coup in Myanmar has forced investors who had earmarked capital for the country to look for nearby alternatives. Delta Capital, Anthem Asia and other funds that have solely focused on Myanmar are adopting a wait-and-see […]
Read more »Via Geopolitical Monitor, an article on the potential impact that an oil discovery will have upon Cambodia’s economy: In the final days of 2020, Cambodia extracted its first crude oil from the Apsara field, 110 nautical miles off the coast of Preah Sihanouk province in the Gulf of Thailand. After years of delays, Prime Minister […]
Read more »Via South China Morning Post, a report on Cambodia’s first crude oil production: Cambodian Prime Minister Hun Sen on Tuesday announced that the kingdom had extracted its first drop of crude oil from its waters, a long-awaited milestone for one of Southeast Asia’s poorest nations. The joint venture between Cambodia and Singapore’s KrisEnergy will see […]
Read more »Via Silk Road Briefing, an article on how – with the last major China-Laos railway tunnel completed On Lancang-Mekong corridor – the Mekong River is becoming a major South-East Asian trade corridor: The last significant tunnel to be bored to complete the China-Laotian Railway was completed on March 15th, with track now being laid at […]
Read more »Via Khmer Times, a report on Sihanoukville’s economic future: After allowing the MS Westerdam and its 2,000 passengers and crew to dock at its port on February, Sihanoukville, a quiet and small port city in Cambodia has commanded the global spotlight. Aside from offering a safe departure for those on board, Sihanoukville is in the […]
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