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#1 2018-04-10 07:30:01

Registered: 2017-12-20
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PHNOM PENH Women's Marwin Evans Jersey , April 13 (Xinhua) -- The World Bank said Monday that Cambodia's economic growth is projected to slightly moderate to 6.9 percent this year, 0.1 percentage point lower than that of last year.

The country's economic growth depends on traditional sectors such as garments, tourism, construction and agriculture.

"Reduced competitiveness due to increased costs, dollar appreciation, and new competitors will continue to affect garment export growth while the return to a double-digit tourist arrival growth rate is yet uncertain Women's Geronimo Allison Jersey ," the lender said in its Cambodia Economic Update.

"Agricultural growth will likely continue to be modest affected by dampened agricultural commodity prices and slow crop yield improvements," it said, adding that downside risks include potential renewed labor unrest, a delay in economic recovery in Europe, and the further dampening of rice prices with the reentry of Thailand and Myanmar.

World Bank-Cambodia senior economist Enrique Aldaz-Carroll said Cambodia's growth remains high despite slightly below the last year's 7 percent growth.

He said recent oil price decline is expected to boost the economic growth in 2015 by 0.5 percent.

The expert also hailed Cambodia for rapid poverty reduction in nearly a decade, saying that between 2004 and 2012 Women's Justin Vogel Jersey , poverty incidence declined significantly from 50.2 percent to 17.7 percent.

He said Cambodia is on track to become a lower-middle income nation in 2015. According to the World Bank's classifications, a lower-middle income nation is defined by the GDP (Gross Domestic Product) per capita between 1,045 U.S. dollars and 4,125 U.S. dollars.

Enrique Aldaz-Carroll said based on World Bank calculation, Cambodia's GDP per capita was 1,035 U.S. dollars last year and is expected to reach 1 Women's Kentrell Brice Jersey ,096 U.S. dollars this year.

TOKYO, March 31 (Xinhua) -- Tokyo stocks opened higher Friday as the market mood was lifted by a strong performance on Wall Street overnight, with a comparatively weak yen against the U.S. dollar also adding support and lifting exporter-linked shares.

As of 9:15 a.m, the 225-issue Nikkei Stock Average added 103.33 points, or 0.54 percent, from Thursday to 19,166.55.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 9.88 points, or 0.65 percent, to 1,537.47.

Issues that advanced notably at the start of play comprised insurance, bank and rubber product-linked stocks.

China has tightened its management of the Internet on mobile platforms, requiring app providers to adopt real-name registrations for its users and monitor illegal content from smartphone apps.

The new rule, which authorities said was enacted to protect app users from the growing threat of terrorism, pornography, fraud and information theft, will affect all app stores at home and abroad Women's Dean Lowry Jersey , including Apple's App Store that enjoys a large presence in China.

The app rule is part of China's efforts to better manage the Internet and ensure security in cyberspace.

The Cyberspace Administration of China (CAC) released Tuesday six requirements for mobile app providers when operating in China, including the verification of users' identities based on their mobile phone numbers and other information, and not using the users' personal information without their consent.

The CAC also requires app providers to more closely monitor content. When illegal information is discovered, app providers are supposed to issue a warning, limit certain functions or suspend the person's account.

According to the regulations, app providers are forbidden from stealthily collecting users' location information and reading contact information Women's Kyle Murphy Jersey , and are required to record user logs and preserve the information for at least 60 days.

"This is the first time the CAC has made rules focused on the apps market. The regulation serves as a basis for law enforcement. For example, the 60-day period could be used to gather evidence in criminal cases," said Wang Sixin, a law professor at the Communication University of China.

Wang told the Global Times on Tuesday that the new rules could help standardize the thriving mobile apps market and deter unlawful providers who have used apps to violate users' rights.

The mobile apps market has grown to 4 million apps in China, but illegal providers use apps to spread illicit content, steal users' personal information or engage in fraud Women's Jahri Evans Jersey , according to the CAC.

According to the draft cyber security law submitted to the top legislature on second reading on Monday, network operators must comply with social and business ethics and accept being supervised by both the government and the public.

The draft law states that big data applications must make information anonymous, and clearly define limits on the use of citizens' personal information, according to the Xinhua News Agency.

Challenges remain

Aside from app providers, the new CAC regulation also requires app stores to strictly review app providers.

App stores should review the authenticity, security and legitimacy of the providers' identities Women's Davon House Jersey , urge them to offer complete instructions to users, and monitor piracy.

Wang said that before Tuesday's regulation, app stores, including Android and Apple app stores, adopted their own rules on reviewing apps, but they mostly involved the quality of apps but lacked a standard.

"The regulation may affect the operations of Android app stores in China more than Apple's App Store since the former have lower access thresholds for app providers Women's Martellus Bennett Jersey ," Shen Yi, deputy director of the cyberspace management center at Fudan University, told the Global Times.

Almost every smartphone maker in China has its proprietary app store preinstalled in its phones. Many other IT companies, including China search giant Baidu, have app stores avail.



2018-04-10 07:30:01



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