Tej Parikh
The Cambodia Daily
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Past articles by Tej:
ADB Predicts Strong Growth, Notes Risks Ahead
The Asian Development Bank on Wednesday released figures forecasting Cambodia’s economic growth to reach 7 percent and 7.1 percent in 2016 and 2017, respectively, but warned that downside risks emanating from excessive credit growth and weak economic diversification could eventually lead to slower growth. → Read More
Lowell City Council Calls Off Manet’s New Year Visit
Hun Manet, Prime Minister Hun Sen’s eldest son, faced another setback on Tuesday in his attempts to engage with the Cambodian diaspora, after officials in Lowell, Massachusetts—home to about 30,000 Cambodian-Americans—voted against his proposed visit to the city next month. → Read More
Cambodia’s Democratic Progress Stymied in 2015
The evolution of Cambodia’s democracy saw significant setbacks last year, with the government repeatedly violating the law and suppressing freedom of expression, according to an annual report released by a watchdog on Tuesday. → Read More
Speed Up Reforms to Draw Investment, EU Says
The E.U. is the world’s leading investor in Asean countries, yet less than 1 percent of its investments in the region are made in Cambodia—a statistic reflective of the country’s human resource deficiencies and opaque business environment, E.U. officials said Monday. → Read More
Cambodia’s International Rankings in Spotlight
Cambodia’s consistently low ranking on international measures of corruption and the ease of doing business came into the spotlight during a conference on Monday in which officials debated whether they unfairly damage foreign perceptions of the country. → Read More
New Cement Factory to Increase Competition
The Chip Mong Insee Cement (CMIC) company broke ground on a $262 million factory in Kampot province on Monday, a move expected to intensify competition among firms eager to meet demand from the booming construction sector. → Read More
Fear Hinders Independent Journalism in Cambodia, Survey Finds
Fear of government interference, legal repercussions and violence remain impediments to free and independent journalism in Cambodia, according to a survey released on Wednesday in a report by the Cambodian Center for Independent Media (CCIM). → Read More
Amid Truck Traffic, Experts Eye Rail System
Demand for cheaper and more reliable cargo transport in Cambodia is putting new pressure on the country to modernize and expand its long-ignored rail system, experts say. → Read More
UN Food Agency Extends Its Program to Reach Rural Areas
The U.N. World Food Program (WFP) has extended its operations in Cambodia by 30 months and increased its funding by $46 million to focus on achieving greater food security for children in rural areas, a foreign ministry official said Wednesday. → Read More
Prime Minister Pushes Infrastructure Investment
Prime Minister Hun Sen on Monday said Cambodia needed to rapidly increase investment in its road, rail, sea and air links if it is to take advantage of regional integration and remain internationally competitive. → Read More
EU Protection to Help Curb Fake Kampot Pepper
Kampot Pepper, famed for its powerful fragrance, has become the first Cambodian product to be registered with a protected label in the E.U., according to a statement released this week, raising hopes that the production of imitation goods will slow. → Read More
European Imports of Cambodian Bicycles Up
Despite concern from the E.U. that Cambodia is being used by Chinese bicycle makers to avoid an anti-dumping duty, the bike industry has maintained strong export growth to Europe, according to the latest data from the European Commission (E.C.). → Read More
$15 Million Loan to Augment ADB Training Programs
The Asian Development Bank (ADB) on Tuesday announced a 50 percent increase in financial support for its technical and vocational education and training (TVET) initiatives in Cambodia. → Read More
Prime Minister Opens Facebook Inbox to Graft Complaints
Prime Minister Hun Sen on Tuesday encouraged citizens to send corruption complaints to his personal Facebook inbox, with attached evidence, in what he said was a move to bolster anti-graft efforts. → Read More
Malaysia Energy Firm to List Subsidiary on CSX
Pestech International Berhad, a Malaysian power technology firm, announced its intention to list a local subsidiary on the Cambodia Securities Exchange in a disclosure sent to Bursa Malaysia, the Malaysian stock market operator, on Thursday. → Read More
Officials Urge Investment in Energy Sector
In light of Cambodia’s growing demand for energy, government officials on Wednesday called on the private sector to invest in the country’s power generation and transmission needs. → Read More
Government to Monitor Risks in Banking, Realty Sectors
While the government expects the country’s economy to grow at about 7 percent for the next two years, downside risks emanating from the banking and real estate sectors are a growing concern, officials say. → Read More
Fleet Expands as Airlines Vie for Chinese Visitors
Cambodia’s commercial aircraft fleet is expected to expand this year as airlines compete to gain a share of the lucrative Chinese tourism market, according to a report released on Tuesday by the Center for Asia Pacific Aviation (CAPA). → Read More
Bourse Urges Small Firms to Consider Listing
Six months after the Cambodia Securities Exchange (CSX) announced a new initiative to improve access to financing for cash-strapped small and medium-sized enterprises, no SMEs have listed on the CSX's Growth Board. → Read More
Government Targets Foreign Retirees With New Policy
The government is planning to boost Cambodia’s attractiveness as a second-home tourist destination for foreign retirees, according to a draft policy obtained from the Ministry of Tourism Wednesday. → Read More