Cambodia usually won’t test any rockets in public. Despite their border problems with Thailand and their troops standing in their borders this rocket test was planned and executed. The test was carried out in Kampong Chhnang in Cambodia. Cambodia conducted their first public rocket tests right after the end of their civil war before a decade. The spokesman of the defense ministry said to media that this test was just conducted in order to strengthen their armed forces and to find out the condition...
9 Mar
Year 2009 did not favor the economy of Cambodia as there was a great downfall in all sectors. But the World Bank has estimated that at first there will be drop of Cambodian economy by 1% but later on during 2010 the economy of Cambodia will increase about 3%. After the end of the civil war in Cambodia, the economy of Cambodia was growing at a rapid pace till the beginning of this global recession. But now Cambodia is recovering a lot in order to compensate the lag in economy last year. Cambodian...
9 Mar
There have been a lot of problems prevailing in both Cambodia and Thailand because of the border problems. The Cambodian Prime Minister states that Thailand is occupying some of their land and is claiming rights over their land. Also Hun Sen said that Cambodian government is going to file a complaint in the world court of justice against the Thailand government for occupying their land. He mentioned that the land near the Preah Vihear temple in the north of Cambodia is being occupied by Thailand....
8 Mar
The world already has seen the worst effects of two malaria parasite that was originated from Pailin province in Cambodia. Because of some geographical reasons and presence of dense forest here people living here are prone to malaria attack easily. Recently a boy named Oeur Samoeun found it very difficult to recover from a new malaria parasite. He struggled hard to survive in this universe and many feel that he is too lucky. Doctors and researchers state that even the most powerful medicine for...
8 Mar
Without rain the country of Cambodia is facing a serious and devastating drought and people are troubled a lot. There are a lot of fires around the forest cover and crops are running out of water for which Cambodian government have to provide a solution. The river water levels are now very low and on comparison it is said that this the lowest water level in the rivers for the last fifty years. Mekong River is running short of water and Cambodian government are trying to contact china government...
8 Mar
In the recent years women’s in Cambodia were found to undergo surgery in order to become more beautiful. They want to become like beautiful film stars of Vietnam and china. On seeing these tremendous changes in the character of women Prime Minister of Cambodia Hun Sen came forward with an announcement. He warned his country women’s to be more careful while taking up cosmetic surgery. He also added that there are many fake doctors present in Cambodia who are practicing cosmetic surgery even without...
7 Mar
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Casinos are very famous in Cambodia and Cambodian government has taken a lot of steps to develop casinos and its infrastructure. To increase the popularity of casino games and also to attract more number of foreign gamblers to Cambodia, a new casino The Titan King, was constructed and opened for playing recently. The entire cost involved in constructing the casino was about 100 million dollars. It was constructed near the border of Vietnam and roughly around 75 miles from Phnom Penh. This casino...
7 MarComments Off
Rubber plantation is being increased in Cambodia. The Vietnam Rubber Group [VRG] has planned to invest a huge sum of 55 million US dollars in planting rubber trees in about 20,000 hectare of land cover in 5 provinces of Cambodia. This idea was said by Leng Rithy the chief representative of Phnom Penh. He also added that this idea was taken as a step to achieve their target. By 2012 VRG are planning to plant about 100,000 hectares of rubber plants in and around Cambodia. If this plan works well then...
6 MarComments Off
The Cambodian country is found to be developing every year. Even after the global recession Cambodia was found confident about its economy and its investment in various fields. Leopard Capital’s Fund Manager Douglas Clayton has made Cambodia his home and is seeing himself that Cambodia is developing a lot during the recent years. He also compares Cambodia’s current position to Thailand before 30 years and Vietnam before 15 years. With this comparison he was able to conclude that Cambodia is going...
6 MarComments Off
General Nguon Sokha, Deputy Director of National Bank of Cambodia, revealed the current financial status and economy of Cambodia during the 45th annual SEACEN Governors conference. He also added that after a very tough year of 2009 where they had faced really tough liquidity levels, this year 2010 seems to have a great start to their countries economy. Also Cambodia was found to have recovered very quickly and briskly from the world financial and economical crisis. During the regional finance conference...
5 MarComments Off