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May Newsletter 2022

May Newsletter 2022

15/May/2022

WORLD BANK PREDICTS CAMBODIA'S ECONOMIC GROWTH FOR 2022 AND 2023 

The World Bank forecasts in recent report that Cambodia economy will return to positive growth in 2022 at 4.5% and 5.5% in 2023. Compared to other ASEAN countries, Cambodia will grow faster than Thailand, which World Bank has projected to grow by 2.9% in 2022.

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SHREWSBURY INTERNATIONAL SCHOOL PHNOM PENH 

For those of you who had not yet heard about us, we are Shrewsbury International School Phnom Penh, a brand new member of Shrewsbury School UK’s prestigious group of international schools that also includes schools in Bangkok and Hong Kong. Our goal in coming to Phnom Penh is to provide both local and expat children with a premium education from age 2 to age 18, and to take Cambodian education to the next level.
           
Our main campus, which will house our primary and secondary school provisions, will open on a large site at the edge of the city in 2024 or 2025. Our Early Years school (ages 2 to 5), however, will open this September right here inside of Meridian’s Flatiron building. With its central location, impressive facilities, and safe environment, Flatiron is the perfect location for our Pre-Nursery, Nursery, and Reception classes.

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M'SIA INVESTORS WANT CAMBODIA EXPANSION 

52 Malaysian representatives from 36 companies on an “SME Malaysia Trade Mission to Cambodia” are seeking investment and business potential in the Kingdom after both countries reopened their economies following the Covid-19 pandemic.
 
The investors, led by SME Association of Malaysia president Ding Hong Sing, for a two-day mission to assess business matching opportunities, meet senior government officials and visit potential production sites in Cambodia.
 
The trade visit coincided with the 65th anniversary of diplomatic relations between Cambodia and Malaysia this year – established on August 31, 1957.

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INTERNATIONAL BORDER CROSSINGS TO RECEIVE X-RAY MACHINES

Eleven X-ray scanners will soon install at international border crossings in order to prevent cross-border weapon smuggling and drug trafficking, according to General Department of Immigration (GDI).
 
GDI released that Japanese government donates it to help authorities  beef up security as Cambodia will host ASEAN Summit in November.
 
GDI deputy director-general Long Habana – who is also the technical team leader for the management of the scanners – said it will be installed at 11 international border crossings soon.

INTERNATIONAL TOURISTS TO CAMBODIA'S ANGKOR UP 6 FOLD IN FIRST 4 MONTHS OF THIS YEAR

Cambodia’s famed Angkor Archaeological Park attracted 33,205 foreign visitors in the first four months of this year, up by 633 percent year-on-year, the state-owned Angkor Enterprise reported.
 
The site made a gross revenue of 1.35 million U.S. dollars from ticket sales during January-April period, an increase of 622 percent from a year earlier.
 
In April alone, Angkor Archaeological Park received 13,365 foreign visitors, earning USD 537,000 from ticket sales.

THIS CROISSANT SANDWICH WILL MAKE YOU CRUNCH WITH PLEASURE!

Catering to the modern business lifestyle, the Flatiron by Meridian is home to the most thrilling bakery and sandwich gourmet scene with Go Artisan Bakery and Café.
Located in the main office building’s lobby, GO Bakery is all about ready-to-go: fresh, quality ingredients, artisan bakery, gourmet sandwiches, handmade charcuterie, fresh salads, and creative, delicious viennoiseries with its signature buttery croissant.

At the takeaway counter the croissant is fresh (but served hot) and served with care: it must be large to be welcoming, not too fatty and airy as it should be. Its large success is due to its tender, regressive, very consensual shape... and so French with a “je ne sais quoi”.