Archive for Economy

Oil Resources in Cambodia: Blaming Or Wishing

Recent years, the government publicly announced that Cambodia would gain around 1,700 million dollars three times of international aid per year. Due to the report by the Radio Free Asia this morning, many Cambodians do not hope that the gains from the oil resources would benefit people if the government is still corrupt. It is according to the well management of oil resources under an effective law which Cambodia itself could not make the law and need assistance from outside experts. While the people have concerns on this issue, the government and others are thinking of how to effectively and efficiently manage the resources and make Cambodia benefit and become a rich country. Thus at this moment it is not clear whether the oil resource is the blaming or the wishing.

People should think of how to make the oil as the wishing and should not try to blame. Blaming means discouragement and wishing means encouragement. Encouragement fosters the willingness of those who take responsibilities of oil resource management.

At this moment, it should be that people wish for good management and use of oil resources of Cambodia and then there should be a well study and strategic plan for proper management of this resource.

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Small business grows with growth of unemployment, a fact from Cambodia

While there are more and more students graduate from universities, the number of unemployed also increases. Graduated students prefer jobs at established organizations or companies. Most of them is not able to have their own small business, while the such small business which then create jobs is increasingly growing in the country. Should the government be focus on creation of small business by the graduate students? …….Think..

By Im Sokthy

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Cambodia’s Economic Growth a Take Off?

Cambodia’s economic growth has become an interested point of the Royal Government of Cambodia as it obviously shows the government’s efforts in recent years while implemeting five year rectangular strategy of the third mandate of the National Assembly. With a long experiences of destruction and slow economic growth, the recent growth of 13% gives a debate forum among politicians and academes with a question that is this a Cambodia’s economy take off? Is this a model of China and Vietnam, its neighboring country?

By Im Sokthy,

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