Despite forecasts that inflation will fall from 6.2 percent in 2022 to 2.5 percent this year, Cambodians continue to face livelihood difficulties in the first month of 2023 as the cost of goods on the market remains high. ...

The Chinese state-owned firm Danong Agricultural Development Group plans to invest $12.7 billion in Cambodia to transform the latter’s agriculture into digital smart agriculture, stock and regional transit hub for agricultural products that will produce different agricultural products to the Chinese market, said an official ...

Hopes are high among the Cambodia Rice Federation (CRF) and leading industry players that the country’s fragrant and organic rice could expand its European market presence, following the Anuga Food Trade Fair 2023 in Cologne, Germany. ...

Prime Minister Hun Sen said Cambodia needs a stable investment from Japan to produce more items in the country and then export back to the Japanese market to scale up the level of existing relations between the two countries. He emphasised more infrastructure development and ...

Vietnam Rubber Group JSC’s (VRG) natural-rubber processing plants in Cambodia have reportedly produced 109,526 tonnes of latex this year, equivalent to 78.23 per cent of the firm’s full-year target, as it strives to meet international demand for the milky white sap, especially from China – ...

A marked uptick in Indica rice exports to European markets is expected after Cambodia won a challenge against the European Commission’s (EC) 2019 decision to remove tariff preferences on imports of the rice from the Kingdom for three years, on grounds that the shipments were ...

In the past year, Cambodia has managed to supply itself with 95 per cent of the meat required for domestic demand, with the domestic and export markets worth a total of more than $2 billion in value, according to Minister of Agriculture, Forestry and Fisheries ...

The Royal Government of Cambodia has made significant progress in implementing laws and policies to increase employment opportunities, promote skills development of an individual, expand social security coverage, strengthen labour market governance and improve working conditions, said Ith Samheng, Minister of Labor and Vocational Training, ...

EuroCham Cambodia is urging the garment sector to prioritize corporate social responsibility (CSR) in the global market, claiming that while the majority of factories acknowledge its importance, they face challenges, such as a shortage of skilled workers and managers and the need for substantial investments. ...

Cambodia exported $2,941 million worth of garment, footwear and travel products (GFTs) to international markets in the first quarter of 2024, up 20 percent from 2,449 million dollars over the same period last year, said a report released by the Ministry of Commerce on April ...

The Ministry of Education, Youth and Sport (MoEYS) on Tuesday led a high-level delegation to participate in the United Nations Economic and Social Council (ECOSOC) Youth Forum 2024 held in New York city – aimed at strengthening the skills and capacity of Cambodian young people ...

Ministry of Agriculture, Forestry and Fisheries (MAFF) along with relevant stakeholders are jointly working towards envisaging a safe food production plan for national and international markets, said a senior official for MAFF on Monday. ...

For most of the 21st century, Cambodia has enjoyed significant economic expansion, moving from a period of political turmoil to emerge as one of the fastest-growing economies in the world. Cambodia achieved lower-middle-income status in 2015, largely as a result of free-market reforms, the introduction ...

Authorities in Phnom Penh on Wednesday banned Cambodia’s opposition party from using public spaces to collect thumbprints  for a petition calling for U.N. and foreign intervention in the country’s political crisis following disputed polls. The opposition Cambodia National Rescue Party (CNRP) plans to collect at least 3 million ...

Singapore Banking Corporation Ltd. (SBC Bank), a leading commercial bank in Cambodia, signed a memorandum of understanding with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, for the issuance of JCB cards in Cambodia. A ceremony to commemorate the milestone moment was held ...

Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...

Thai government proposals to pay above market prices to rice farmers could complicate Cambodia’s goal of becoming a major milled rice exporter, according to industry insiders. Pheu Thai party leader Yingluck Shinawatra has announced plans to buy rough rice for a guaranteed price of 15,000 ...

As the creation of Cambodia’s first law on trade unions enters a final phase this week, labor activists and unions said the draft law as it stands is in urgent need of revision, as it would cripple unions and severely undermine collective bargaining rights. They ...

Even with an improved domestic job market, many Cambodian workers are seeking jobs overseas, despite the risks. This is mainly due to the government’s failure to get the word out, Moeun Tola, a labor advocate at the Community Legal Education Center, told “Hello VOA” Thursday. “We see ...

Greater connectivity between Japan and Cambodia is tightening economic links between the two countries while catalysing Japan’s ambitions to develop a chain of industrial complexes that cut a tract through the Lower Mekong region. Officials at Japan External Trade Organisation (JETRO), Japan’s development agency, say ...