Economy

Photographer Captures Cambodia’s Rapid Changes

July 07, 2011 - Phnom Penh, Cambodia. A resident of Boeung Kak rows a wooden boat against a storm moving in over Phnom Penh. The new buildings of the Council of Ministers and the office of the Prime Minister can be seen in the background. © Nicolas Axelrod / Ruom

26 February 2015
The book, Transitioning Cambodia, is ‘a historical documentation’ of contemporary change in Cambodia. Photographer Nicholas Axelrod is a founding member of Ruom, a visual journalist collective in Cambodia. More

Video Lao Dam Project Flows Into Opposition

A Lao dam project on a section of the Mekong River is drawing opposition from local fishermen, international environmental groups and neighboring countries. VOA's Say Mony visited the region to investigate the concerns.

Photogallery Photographer Captures Cambodia’s Rapid Changes

Axelrod says the building boom during the past seven years has not benefited all segments of society, especially those from poor communities often evicted from desired real estate.

Beverage Companies Wary of ‘Blood Sugar’ in Supply Chain

Representatives from Coca-Cola and Pepsi both said in emails to VOA Khmer that they are not aware of sugar in their supply chain supplied by rights violators.

Video US Job Gains Accelerate in January, But Unemployment Rises to 5.7 Percent

U.S. companies beat expectation in the government's latest jobs report - hiring 257 thousand workers in January. The Labor Department also raised job gains in the previous two months by an additional 150 thousand jobs. VOA Khmer's Ker Yann narrates.

Poverty Reduction a Mixed Success, as Countryside Rates Remain High

The poverty line is defined as an intake of 2,200 calories of food per day, or an income of $1 per day in rural areas and $1.50 per day in urban areas.

Video With Prince Ranariddh Back into Limelight, CPP Appears Stronger, Analyst Says

With Prime Minister Hun Sen holding on to power for 30 years, the region will have a new leader where those who want to stay long in power can turn to for a lesson, analyst says.

Growing Pains, as Capital Keeps Expanding

Phnom Penh is one of the fastest-growing cities in Southeast Asia.

Video Cambodia Reduces Western Influence, Tilts Towards Local

Cambodia tilts towards China and its acceptance of more and more Chinese aid helps the impoverished nation to reduce influence of international donors who had sought to push Cambodia towards more democratic form of governance.

Video Obama Address Focuses on Economic Rebound, Lifting the Middle Class​​

President Barack Obama took his arguments to the American public in his State of the Union address, focusing on a surging economy and his plans to strengthen the middle class.

Video Raising Frogs in Rice Fields Generates More Incomes and Crops for Farmers

Frogs are a natural, organic alternative to pesticides for farmers in Cambodia fighting against the insects ravening their fragile rice seedlings.

Video The Impact of Hydro Dams in Tibet, an Interview With Michael Buckley

Massive Chinese developments inside Tibet, including hydro-power dams and large scale mining projects, are sparking concerns of major environmental degradation in the region.

Video Cyclo May Not be Around for Much Longer Without Support

The cyclo is an icon of Cambodia, one that may not be around for much longer as modern forms of transport push the bicycle rickshaw, into history. ​Despite the challenge, the cyclo's veteran drivers - most of them old men from the countryside - are determined to keep pedaling on. AP/Phnom Penh

Sinking OIl Prices Cut Both Ways for China

Analysts say as long as slide continues, risks and challenges that Beijing faces could mount

Video Banteay Srey Butterfly Centre Helps Local Poor Generate Income

Banteay Srey Butterfly Centre near Siem Reap is home to the largest butterfly centre in Southeast Asia. As well as showcasing the country's abundance of butterfly species, the centre also trains poor local farmers to make extra money by raising butterflies.

Small Victory, High Price for Garment Unions

The labor movement won a small victory in wage disputes, earning a raise in the minimum wage from $100 per month to $128, but it has cost them much.

Video Kerry Seeks Stronger U.S.-India Trade Ties

Secretary of State John Kerry says he is convinced that if the United States and India work together, the two countries can help forge a "new era of shared possibility" that could benefit millions of people in India and across Asia.

Garment Brands Say They Support the Minimum Wage

The positive responses come after an appeal from the International Labor Organization earlier this month, calling on global brands to help support the higher wages.

Video Cambodia Coconuts - How One Company Is Cracking The Coconut Craze

Cracking open a fresh coconut for a drink has long been a popular refreshment in Cambodia. Now the coconuts are being upscaled, and one company is employing women from one of the country's poorest communities to make oil and other items from coconuts. AP/Cambodia, Kompot.

Few Workers Satisfied, as Small Wage Increase Takes Effect

The compromised wage increase, to $128 per month, is far short of the $177 unions had asked for, but it is nearly 30 percent more than workers had been making.

Vietnamese Businesses Study 'Innovation' to Move Ahead

A group of Vietnamese economists have devised a survey which measures how innovative businesses are and how they value innovation.

A Year After Deadly Cambodia Protest, Families Await Answers

Families of garment workers killed by police in January 2014 unrest struggle to survive, seek justice

Tsunami Memorial Ceremonies Can't Hide Misgivings About Future Disaster Readiness

Ceremonies in southern Thailand marking the 10th anniversary of the 2004 earthquake and tsunami brought together hundreds of Thais, foreigners and dignitaries.

Falling Oil Prices Pinch Vietnam's Economy, Tourism

National budget relies on oil profits for key slice of spending; also, usual Russian visitors are tightening belts, staying away

Video Cambodian Youth Selling Kidney Expresses Deep Remorse​

This tiny one room house in Phnom Penh is home to Chhay and nine of his relatives. Inside the 18 years old is trying to recover from something he describes as a massive mistake. Two years ago, he was talked into doing something he deeply regrets - selling one of his kidney for 3000 dollars. (AFP)

As Partnership With China Grows, So Too Concerns

In November, Prime Minister Hun Sen attended a summit there, where China pledged more aid to help develop the economy—about $500 million per year.

Video Hunting for Wild Honey in Cambodia's Forests

Cambodia is thought to produce the best wild honey in Southeast Asia, mainly due to its climate and topography.

Video Cambodia Potteries Improved And Meet Big Demand

The ancient Kingdom of Angkor once created pottery fit for kings, but the artisan skills have declined through the centuries.

Environmentalists Skeptical Ahead of Laos Meeting on Hydropower Dam

Project is one of a series of planned dams in the Mekong River Basin that environmentalists say could harm an ecosystem critical for feeding millions of people in Southeast Asia

Video World's Best Rice Title Should Help Boost Cambodian Rice Exports

For the third year in a row, Cambodia's premier rice has been voted the world's best at the World Rice Conference.

Video 'World’s Best Rice' Title Could Boost Cambodian Rice Exports

Award is shared this year with Thailand, and comes at time when Cambodia views rice exports as way to increase incomes for its subsistence farmers.

Video Workers Say $128 Per Month Is Not Enough To Live On

In interviews with VOA Khmer, factory workers describe poor living conditions and poor eating habits as a result of their low wages.

USAID To Provide Skills Training Ahead of Asean Integration

Many young Cambodians say they fear the impending competition from an EU-like economic integration that would free up goods and services between the 10 Asean nations.

Youth Fear Impending Job Competition With Asean

All 10 Asean countries are set to form and EU-style community, allowing the free movement of goods and services between them at the end of 2015.

Opposition Wants Better Tracking of Chinese Aid Money

China recently pledged between $500 million and $700 million for Cambodia, but it is not clear where the money will be spent.

Thailand Tallies Billions in Rice Program Losses

Government-backed rice price support scheme launched by former leader Yingluck Shinawatra promised farmers a fixed, above-market price for their rice crops.

Little Union Support as Government Announces Raise in Wages

Some unions had demanded up to $177 per month, in a sector that employs up to 700,000 Cambodians and is a major economic driver for the country.

Video Cambodia’s Elderly Face Increasing Hardships

More than 80 percent of country's 850,000 elderly never had formal employment and therefore do not qualify for a pension.

Cambodia Raises Garment Wage 28 Percent, Unions Say Not Enough

Two major unions said that they didn't agree with the new figure and will hold meetings with their members about what to do next.

Video Former Japanese Journalist Helps Fight Human Trafficking in Cambodia

A former Japanese reporter is doing her part in the fight against human trafficking in Cambodia by publishing comic books and distributing them for free in and around Cambodia.

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Lao Dam Project Flows Into Oppositioni
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25 February 2015
A Lao dam project on a section of the Mekong River is drawing opposition from local fishermen, international environmental groups and neighboring countries. VOA's Say Mony visited the region to investigate the concerns.

English with Mani & Mori

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