The cost of war, oil price and absence of Chinese tourists on Cambodia’s growth Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Even as tourists are trickling in amid peace talks between Russia and Ukraine, the ongoing war and ensuing energy bills risk derailing the Kingdom’s recovery plans ‘Such an act of aggression is unacceptable for Cambodia,” said Prime Minister Hun Sen over the Ukraine invasion, in what has become an issue he has repeatedly talked about in the past few weeks.
Cambodia Chamber of Commerce president Neak Oknha Kith Meng – who is also the chairman of Royal Group of Companies – shares his views on Cambodia-China trade ties on the occasion of the China National Day celebrations.
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Chinese FDI has flowed into real estate and construction, evidenced in developments such as these on Koh Pich. Sangeetha Amarthalingam
Is Cambodia poised for more FDI as neighbours face political, Covid-19 uncertainties?
Thu, 4 February 2021
As some Southeast Asian nations face internal issues, the Kingdom’s stability could be an attractive destination to investors, but institutional setbacks might turn them away
Days after the shock military takeover of Myanmar’s government and the imposition of a one-year state of emergency, some investors pulled the brakes on foreign direct investments (FDI) as sanctions by the US and India loomed.
One of them was Thai-owned industrial estate developer Amata Corp Public Co Ltd, which suspended its $1 billion project in Myanmar, fearing that the turn of events would put off investors, Nikkei Asia wrote on Monday.