Cambodia on Wednesday increased the monthly minimum wage for garment workers by 28% to $128, falling short of union workers’ demands and creating the potential for further strikes in the country. Ath Thun, president of the Coalition of Cambodian Apparel Workers’ Democratic Union, said the ...

A secretary of state at the Foreign Affairs Ministry on Tuesday defended the government’s widely criticized imprisonment of 11 activists and an opposition official during a closed-door meeting with a visiting U.S. diplomat. Daniel Russel, an assistant secretary of state at the U.S. government’s Bureau of ...

The Ministry of Environment is set to join the Ministry of Labour in the monitoring of garment factory workplaces, after creating a working group that will probe the environmental safety of all plants in Cambodia. At a press conference at the ministry yesterday, Minister of Environment ...

Police in Ratanakkiri deported two more Vietnamese nationals living illegally in the northern province last week, bringing the number of expulsions to 14 as the Ministry of Interior’s census of foreigners continues, police said. This year’s census—which is now complete in Ratanakkiri, according to officials ...

The executive committee of the Cambodia Rice Federation (CRF) will meet with two ministries today to explore the possibility of reducing the logistical and energy costs of transporting rice, a key factor to keeping Cambodian rice exports competitive compared to neighbouring countries, a CRF official ...

The Ministry of Economy and Finance last week did away with a special tax on imported products that were being used for re-export, after Japanese businesses said that it undermined their status as Qualified Investment Projects. Under the Qualified Investment Projects (QIP) scheme, firms can ...

The Labor Ministry on Friday announced that formal negotiations to set a new minimum wage for the country’s all-important garment sector—now at $128 a month—will begin in July, reviving the same schedule for talks it used with unions and employers for the first time last ...

Market regulator Securities and Exchanges Commission of Cambodia and Cambodia Securities Exchange are looking at reducing some of the current initial public offering requirements, as a way to attract more small- and medium-size businesses to list on the flagging exchange. ...

Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month.On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. ...

A group of Capitol Tours bus drivers—five of whom claim they were fired for attempting to form a union—say they were attacked Monday by a group of more than 50 tuk-tuk drivers while protesting outside the transport company’s headquarters in Phnom Penh’s Prampi Makara district. ...

Draft legislation on trade unions will undermine the hard-won progress of labor unions here as well as violate fundamental rights enshrined in the Constitution, labor law and UN conventions, labor leaders said yesterday. ...

The Ministry of Agriculture, Forestry and Fisheries (MAFF) and Cambodia Financial Intelligence Unit (CFIU) of the National Bank of Cambodia will cooperate on information exchange related to money laundering and terrorism financing in the field of agriculture. ...

The Cabinet on October 22 gave the nod to a draft budget of $8.013 billion for public spending in 2022, an increase of 6.8 per cent year-on-year, in a move expected to help power a prompt economic recovery as the Kingdom emerges from the ravages ...

The Council for the Development of Cambodia (CDC) on April 29 announced that it had greenlit final registration certificates for three projects in textile-linked sectors with total capital investment of nearly $19 million that are expected to create 2,005 jobs. ...

Techo Sen Institute of Public Works and Transport and China’s Chang’an University have reached a memorandum of understanding on technical cooperation of road construction and infrastructure development. ...

The National Bank of Cambodia (NBC) and Bank of the Lao PDR (BOL) on Friday launched the cross-border payment via QR Code in Laos in the first phase, said a statement. ...

Some 29,311 companies with a total capital of $8.6 billion have successfully registered their businesses through the Online Business Registration System (OBRS) via IT Platform phase 1, compared to $5.8 billion capital and 20,693 firms on January 2, 2023. ...

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Some 29,311 companies with a total capital of $8.6 billion have successfully registered their businesses through the Online Business Registration System (OBRS) via IT Platform phase 1, compared to $5.8 billion capital and 20,693 firms on January 2, 2023. ...

The Council for the Development of Cambodia (CDC) and China’s ministry of commerce are expected to sign six more memoranda of understanding (MoUs) to enhance comprehensive investment cooperation that covers the promotion of investment in the digital sector, new types of industrialisation, green development and ...