The government has predicted that Cambodia’s economic growth will decline to 6.5 per cent next year – down from 7.1 per cent this year – due to global challenges and the possible withdrawal of the EU’s “Everything But Arms” trade agreement. The prediction was made ...

CPP Senator and business tycoon Ly Yong Phat last week continued to offer families in Koh Kong province cash compensation to get them to drop out of a lawsuit against two sugar cane plantations he once owned, according to villagers. But villager Phann Khly yesterday ...

Phnom Penh recently announced the implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35 to raise the potential of investment and trade and improve national economic productivity, according to Aun Pornmoniroth, minister of economy and finance and chairman of the National Committee for ...

The Kingdom is forecast to register gross domestic product (GDP) growth of 3.5 percent, a sharp reversal of 2020’s contraction of 3.1 percent, the Ministry of Foreign Affairs and International Cooperation has said in its macroeconomic situation report. ...

A $20 million dry port and bonded warehouse within the Sovannaphum special economic zone (SEZ) in Kandal province is slated to open by October of this year ahead of the full completion of the 214-hectare zone by 2020, a senior management official said yesterday. ...

The Ministry of Labour on Friday said it plans to introduce information technological skills in its vocational training initiatives in order to prepare the Kingdom’s workforce in the face of growing automation in the labour market. During a United Nations meeting on the future of ...

The National Employment Agency (NEA) of the Ministry of Labour and Vocational Training has announced that over 60,000 people attended the two-day National Job and Productivity Fair from October 28-29. ...

Minister of Labor and Vocational Training, Ith Sam Heng, has called on communities, families, students, youth, vulnerable youth and the public to pay attention and adopt technical skills to enable them to find better job opportunities and contribute to the development of the national economy. ...

A senior official at the World Economic Forum (WEF) has expressed support for Cambodia’s chairmanship of ASEAN, committing efforts to find ways of helping the Kingdom achieve its goals in the fields of digital commerce and investment facilitation, the Ministry of Commerce said in a ...

The government downgraded its economic growth forecast for this year to 6.1 per cent from its earlier 6.5 per cent projection, Ministry of Economy and Finance undersecretary of state Phan Phalla said on Thursday. Speaking at a public forum on Macroeconomic Management and Budget Law ...

Food and beverage imports to Cambodia have fallen over the past 12 months, marking a notable shift in domestic production and the public’s recognition of the “Made in Cambodia” brand, officials say. Cambodia spent around $223 million on food and beverage imports to supply the domestic ...

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) – a non-profit organisation – on Monday proposed the Council for the Development of Cambodia (CDC) to promote local enterprises by allowing the delegation to take part in the overseas trip, luring foreign ...

The Cambodian Bar Association has refuted a scathing critique of its independence and ethics by the International Bar Association (IBA) that questioned Cambodia’s membership in the global group, calling the assessment an unfounded “insult.”Following a visit to the country by a team of legal experts, ...

About 5,000 workers from the Grand Twins International (GTI) garment factory in Phnom Penh who have been striking over wages and working conditions briefly returned to their stations Thursday in compliance with a court order, but resumed protesting the next day after rumors spread that ...

Cambodian economic growth for 2023 is expected to be 6.6 per cent higher than the of the current gross domestic product of 32,291 million. GDP per capita is predicted to rise to $1,924, from the current figure of $1,785, according to the outcome of an ...

On the post office square, a beautiful Art Deco building now houses the restaurant Van, an insurance company and the offices of the AFD (French Development Agency). An inquiring mind will not fail to notice on the gates the presence of little medallions with the ...

About 500 Cambodians have registered as observers for the June commune elections, falling well short of the more than 20,000 that civil society groups are hoping for, while not a single foreigner has signed up yet, the National Election Committee (NEC) said on Tuesday.   ...

Projects under the Belt and Road Initiative (BRI) have been helping buffer Cambodia’s economic development against the fallout of COVID-19, officials and academics said in recent interviews. ...

The Royal Government of Cambodia (RGC) Saturday announced the establishment of working groups to monitor, review and evaluate the implementation of the development plans and strategic policies of the ministries and institutions based on the slogan ‘Strengthen and Organise Individual Home’.   ...

Minister of Environment Say Sam Al thanked and praised forest rangers on Tuesday for protecting natural resources and in turn aiding the sale of carbon credits. Sam Al was visiting rangers atop Mrech Kangkeb Mountain in Koh Kong province’s Thma Bang district when he made ...