Gov’t Unveils Legal Plan to Break Garment Industry Strike
As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/govt-unveils-legal-plan-to-break-garment-industry-strike-49763/
Registered business numbers increased
The number of businesses registered with the Ministry of Commerce climbed by more than 10 per cent year on year during the first half of 2012, ministry data showed. officials credited the government’s piecemeal efforts to institute a transparent investment policy and gross domestic product growth, ...
Steady rise for business registration in Kingdom
Despite ongoing protests over the minimum wage in the garment industry and the political deadlock that lasted well in to July, Cambodia registered over 3,000 new businesses from January to September this year. The latest data from the Ministry of Commerce reveal there were 3,025 newly ...
May Kunmakara
http://phnompenhpost.com/business/steady-rise-business-registration-kingdom
The bank that likes to say less: Cambodia’s greatest commercial success story is not over yet
AN HOUR’S drive south of Phnom Penh, deep in rural Cambodia, Chrek Heang is doing the rounds of his rapidly expanding poultry and fisheries business. Just four years ago he was living, like most of his countrymen, in a small wooden hut with a tin ...
RCEP takes effect as world rings in 2022
In the week ahead, world leaders are expected to deliver their New Year’s Eve addresses as people all over the globe ring in the year of 2022, which is when the Regional Comprehensive Economic Partnership (RCEP) agreement will take effect. ...
Khmer Times Staff
https://www.khmertimeskh.com/50995612/rcep-takes-effect-as-world-rings-in-2022/
Export diversity induces growth
In order for Cambodia to maintain the same rate of growth it has enjoyed in the past few years, exports need to diversify from textiles and tourism to modern services, said the World Bank’s country manager yesterday in Phnom Penh. “Cambodian firms are already tentatively exporting ...
http://www.phnompenhpost.com/index.php/2012102459390/Business/export-diversity-induces-growth.html
Vietnam, Cambodia look to boost cooperation
Vietnamese Ambassador to Cambodia Nguyen Huy Tang on October 23 met with Second Vice President of the Cambodian National Assembly (NA) Vong Sauth. ...
Khmer Times Staff
https://www.khmertimeskh.com/501380919/vietnam-cambodia-look-to-boost-cooperation/
GFT exports decline 17.81% triggering more job loss fears
Cambodia’s exports of garments, footwear and travel goods (GFT) continued the slide as the January to September period recorded a decline of 17.81 percent, compared to the same period last year, triggering fears of more job losses and factory closures. ...
Manoj Mathew
https://www.khmertimeskh.com/501375664/gft-exports-decline-17-81-triggering-more-job-loss-fears/
Cambodia’s trade declines 1.9% to $46.82 billion in 2023
Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
Cambodia’s trade declines 1.9% to $46.82 billion in 2023
Cambodia’s international trade stood at $46.82 billion in 2023, recording a decline of 1.9 percent compared to 2022. While exports were marginally up by 1.8 percent, the imports showed a decline of five percent, according to the trade data released by the General Department of ...
Manoj Mathew
https://www.khmertimeskh.com/501421111/cambodias-trade-declines-1-9-to-46-82-billion-in-2023/
Cambodia’s GFT exports jump 20.69 percent
The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...
Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/
GFT exports rise 17 percent in first half of 2024
Cambodia’s exports of garments, footwear and travel goods (GFT) increased by 16.89 percent in the first half of this year, compared to the same period last year, earning the country $6.15 billion, according to the trade data released by the General Department of Customs and ...
Manoj Mathew
https://www.khmertimeskh.com/501521386/gft-exports-rise-17-percent-in-first-half-of-2024/
Cambodia fears tough competition for long-grain rice exports from India
Cambodia rice exporters are fearing that the Indian government’s decision to release 5 million tons of rice in the open market to control price hikes may have a spill over effect on global rice exports, according to local sources. ...
Oryza News Staff
http://oryza.com/news/rice-news/cambodia-fears-tough-competition-long-grain-rice-exports-india
Land for Rubber Farms to Nearly Double by 2020
Cambodia expects to almost double the amount of land used to cultivate rubber between now and 2020, a move that rights groups say could result in more evictions across Cambodia. Ly Phalla, director general of General Directorate of Rubber Plantations, said yesterday that there are ...
Bodies swap control over ELCs, preserves
Authority over economic land concessions (ELCs) currently under the purview of the Ministry of Environment will be transferred to the Ministry of Agriculture, while all protected areas and nature preserves currently under the Ministry of Agriculture will pass to the Ministry of Environment, according to ...
Niem Chheng
http://www.phnompenhpost.com/national/bodies-swap-control-over-elcs-preserves
SSEZ boosts Kingdom’s growth
Transportation experts and economists are expressing optimism regarding the continued increase in the value of exports and imports within the Sihanoukville Special Economic Zone (SSEZ) for 2024. ...
Hin Pisei
https://www.phnompenhpost.com/post-in-depth/ssez-boosts-kingdom-s-growth
CMAA asks for UN financing, demining tech
Cambodian Mine Action and Victim Assistance Authority (CMAA) has made a request for financial and technical support from the UN Economic and Social Commission for Asia and the Pacific (UNESCAP) for demining in Cambodia, in a meeting between top officials from the two organisations. ...
Ry Sochan
https://www.phnompenhpost.com/national/cmaa-asks-un-financing-demining-tech
Tougher ELC oversight pledged
In what is the government’s latest pledge to hold tycoons and foreign investors to account for their business practices, the Ministry of Environment will begin assessing existing and proposed economic land concessions (ELCs), cancelling or rejecting those that have negative social or environment impacts, a ...
May Titthara
http://www.phnompenhpost.com/national/tougher-elc-oversight-pledged
Minimum wage for all a step closer
The Ministry of Labor said yesterday that it was working with experts and International Labor Organization (ILO) officials to create a draft law laying out the monthly minimum wage for workers in a variety of fields outside the garment and textile industry, which late last ...
Mom kunthear
http://www.khmertimeskh.com/news/31388/minimum-wage-for-all-a-step-closer/
Minister highlights TVET as path to higher education
Minister of Labour and Vocational Training Heng Sour stated that technical and vocational education training (TVET) serves as a bridge for young people to develop simple skills which can be combined and form a foundation for further studies in college. ...
Van Socheata
https://www.phnompenhpost.com/national/minister-highlights-tvet-as-path-to-higher-education