In Asia: Weekly Insight and Features from Asia

Cambodian Prime Minister Hun Sen announced in late March that the nation was on target to move from the status of a low-income to a lower-middle-income nation by the end of 2013, ranking it the 15th country that obtained high economic growth in the world in the last 10 years.

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Cambodia announced two major bilateral trade agreements last month, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. Over the last few years, Cambodia has emerged as a major rice exporter in the region, due in large part to the Royal Government of Cambodia’s recent expansion of its agricultural sector.

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Just months ago, Choeung would never have dreamt of speaking in public. If told that he would speak in front of more than 300 people, including high-ranking officials, several deputy governors from seven provinces, and an under secretary of state, he would have laughed at such a good joke, and his fellow fishermen would have [...]

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After a global economic slump in 2009, Cambodia welcomed World Bank forecasts that projected its economy would grow in 2010. However, despite an auspicious start to the New Year, the imbalanced growth between Phnom Penh and the provincial areas are major concerns for improved and sustainable economic development. The private sector in Cambodia, particularly the [...]

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