Cambodia

Cambodia Lagging Behind Neighbors in Economic Competitiveness

Cambodian farmers cut rice at a rice paddy farm during the harvest season at Sala Kumrou, Puresat province.Cambodian farmers cut rice at a rice paddy farm during the harvest season at Sala Kumrou, Puresat province.
x
Cambodian farmers cut rice at a rice paddy farm during the harvest season at Sala Kumrou, Puresat province.
Cambodian farmers cut rice at a rice paddy farm during the harvest season at Sala Kumrou, Puresat province.
Khoun ThearaVOA Khmer
PHNOM PENH - While other countries in the region have advanced their ranking in business competitiveness, Cambodia slid this year from 85th to 88th, according to Global Competitiveness Index.

The index, released Thursday by the Geneva-based World Economic Forum, shows Cambodia’s competitiveness is behind it neighbors when it comes to attracting the flow of investment and in generating economic growth.

Singapore, Malaysia, Indonesia, Thailand, Brunei, the Philippines and Vietnam all fared better.

The index measures the ease of doing business in a country through 12 different criteria, including infrastructure, eduction, and financial markets development.

Singapore maintained a strong second-place position amid 148 countries globally, behind Switzerland. Other than Cambodia, seven other Asean countries managed to improve their rankings, between one and 12 places. Laos and Burma, added just this year, landed on either side of Cambodia, at 81st and 139th, respectively.

Corruption remains a top problem for Cambodia, according to businesses surveyed for the index, along with a tangled bureaucracy, a lack of skilled labor and poor infrastructure. Minor problems reported include policy instability, access to finance and poor tax development.

Cheam Yiep, a senior lawmaker for the ruling Cambodian People’s Party, would not comment directly on the report, but he said the government has taken steps to improve its competitiveness and to catch up with other countries.

Yim Sovann, a spokesman for the opposition Cambodia National Rescue Party, said the index was an accurate reflection of the reality on the ground.

The lack of competitiveness could be a larger problem as Asean comes closer to economic integration, in 2015, when Cambodia will have to face off with its neighbors, he said.
Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Protesters Clash With Police Outside Premier’s Homei
X
18 August 2014
Hundreds of housing rights protesters and evictees clashed with security forces outside Phnom Penh on Monday, leaving at least nine people with minor injuries. The clash was one of the first since major violence over Freedom Park in the capital in July. Protesters gathered outside the National Assembly Monday morning, hoping to deliver petitions of grievances, but when no one came out to accept the petitions, they decided to march on the suburban home of Prime Minister Hun Sen, in Kratie province, just outside the capital. There, they clashed with security personnel. VOA's Khmer Suy Heimkhemra reports from Phnom Penh.

English with Mani & Mori

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Scratch Someone's Back (Movie: Batman Begins)i
X
16 August 2014
You can say, "Yeah sure, I can get you a job at CNN easily. Now, if 'YOU SCRATCH MY BACK, I'LL SCRATCH YOURS'." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Scratch Someone's Back (Movie: Batman Begins)

You can say, "Yeah sure, I can get you a job at CNN easily. Now, if 'YOU SCRATCH MY BACK, I'LL SCRATCH YOURS'." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Wild Goose Chase (Movie: Inside Man)

You can say, "The policeman was sent on a 'wild goose chase' to find the killer. All the clues that were given to him turned out to be false." What does it mean? Watch here.
Video

Video Let Bygones Be Bygones (Movie: The Social Network)

You can say, "I know he hurt you, he gave up on you, and that broke your heart. But that's the past, you have to 'let bygones be bygones." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Same Old, Same Old (Movie: Lord of War)

You can say, "My life is so boring - it's the 'same old, same old'. I wish it was more exciting." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
See more >>>