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CONTENTS

LEAD STORY: Building Cambodia Construction Sector Driving Growth           CAMBODIA: Scientists release ancient Angkor findings           CAMBODIA: Cambodiaís Struggling Rice Rice Industry Faces Italian Threat           CAMBODIA: Fighting Cassava Diseases with Resistant Varieties           CAMBODIA: Public Bank Sees Strong Growth in Cambodia           CAMBODIA: World Bank Restarts Cambodia Loans After Five-year Freeze           CAMBODIA: Eco-Friendly Real Estate In Phnom Penh           CAMBODIA: While TPP Looms, RCEP Moving Slowly           CULTURE:Japanese Street Art: Not quite Banksy, but trying           Environment: Saving the Sea Grass Meadows           CHINA: Business Moguls Seek To Build Wanda-Full Future for Sport in China           Obituary:What made Muhammad Ali 'unforgivably' black            GLOBAL: ALetís get fiscal            GLOBAL:As Humanitarian Needs Grow, USAID chief says the world must act            GLOBAL: Hillary Clinton's Foreign Policy Problem            GLOBAL:New Documentary Calls for "Dignified Life" for Asian Garment Workers           KEY INDICATORS

Cambodian Business Review
 




 LEAD STORY   Building Cambodia: Construction Sector Driving Growth

Increasingly, many Phnom Penh residents wake up to the sound of frenzied construction. They negotiate roads clogged with cranes, trucks and building materials and have their night-time meal to the continued sound of construction.

The cacophony of banging, electric saws and the ground and the walls shaking as pillars are pounded into the ground for a new foundation for a nearby high-rise. It's the sound of a thriving economy.

Cambodia's construction and real estate sector - in the capital and other major cities - is a driving factor in the country's economic growth. At 7 percent a year, it is the sixth fastest-growing in the world.

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  CAMBODIA  

Cambodia's Struggling Rice Industry Faces Italian Threat

ambodia's rice exports to the EU, which now enjoy duty and quota free access, could be threatened if the regional grouping agrees to Italy's request to limit imports from least developed countries. Italy is Europe's top premium rice producer and its exports within the EU are growing.

Rice markets portal Oryza says Italy is pushing the EU to cut imports from Asia to protect the growing Italian rice industry.

Oryza quoted Angelo Politi, the director general of Italy's rice research body Ente Nazionale Risi saying imports from countries such as Cambodia and Myanmar were flooding the EU due to special treatment in the form of tariff-free entry in the 'Everything But Arms' trade concessions.

He said this was jeopardizing the competitiveness of the Italy-grown Indica varieties - namely Ariete, Drago, ...

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  CULTURE  

Japanese Street Art: Not quite Banksy, but Trying

TOKYO - Beneath the crackle and hum of Japan's neon veneer, graffiti culture has traditionally been viewed as mindless vandalism assaulting the country's highly valued sense of order and cleanliness.

Tokyo's lanes are virtually bare of the edgy street art -- common in other major cities - that has brought global fame to guerrilla icons such as Banksy, JR and the late Keith Haring.

But local enthusiasts are trying to work their way into the hearts and minds of the public in art-loving Japan, despite a prevailing conformist culture.

"Japanese street art is still a little behind Asia, Europe or America," says street artist Kohei Yamao, better known as BAKIBAKI.

"It's not that artists here don't have the same kind of talent, it's just that the environment doesn't exist ...

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  CHINA  

Business Moguls Seek To Build Wanda-Full Future For Sport In China

Wang Jianlin of Wanda Dalian. Jack Ma of Alibaba. Heard of them? Not many people outside of China have, but they are the modern-day moguls powering China's entrepreneurial sprint towards economic supremacy. They are also largely responsible for the surge of interest in Chinese sport, at home and abroad.

Until his early 40s Ma was a high school teacher, now he is the founder of e-commerce giant Alibaba, an organisation that dwarfs the likes of Amazon and eBay in both scale and scope of operations. Wang, founder of the Wanda Dalian group, monopolises Chinese retail and entertainment and in 2012 acquired the US cinema chain AMC for US$2.6 billion to aid his global ambitions. Some might argue that Wang has been raised with a "red spoon in his mouth" given his father's role alongside Chairman Mao in the cultural revolution, but his desire to see China rival the West ...

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Germany and Cambodia:
21 Years of Warm Ties

 

It has been 21 years that Germany has re-bridged diplomacy with Cambodia via the establishment of Germany’s official relations with the kingdom's Supreme National Council (SNC) in 1992 after the initial diplomacy was...

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UPCOMING EVENTS

Asia-Pacific Biomass Energy Exhibition (APBE)
Date: September 26 to 28, 2016
Venue/ Country: Guangzhou Pazhou-China Import and Export Fair Complex

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