Banking and financial services policy and regulation
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Political stability and economic growth of all sectors have played vital role in building the public and foreign investors’ confidence and maintaining the safety and soundness of banking system in Cambodia. The banking sector continues to have substantial growth as it shares 82.2% in the ...
Cambodia’s agriculture sector amid COVID-19
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Agriculture has been considered as the backbone of the national economy. Of the total population, 76% were living in rural areas and agriculture provided 31.2% of total employment and contributed 20.7% to Gross Domestic Product (GDP) in 2019.26 However, the global pandemic caused by COVID-19 ...
Garments and textiles
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The garment industry has rooted in Cambodia earlier than the footwear industry. As a result of trade privileges given by the U.S. and EU, both industries have blossomed. As of 2013, the garment and footwear industries were accountable for about 80 percent of Cambodia’s total ...
Vocational education
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By definition, Vocational education refers to the program that enables people to acquire highly transferable and development skills. It also grants people the necessary technical skill for their desired career.76 Cambodia’s vocational education plays an important role during the country’s economic structural transition and the ...
Investment policy and regulations
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Cambodia’s economy has experienced an impressive performance, reflected in its rapid economic growth and significant poverty reduction. Part of this is the result of the relative openness of Cambodia towards foreign investors. Domestic investment has also been growing, although at a lower rate than other ...
Economy and commerce
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Counting money. Photo by Aaron Gilson, taken on 5 April 2013. Licensed under CC BY-NC-ND 2.0.Cambodia re-opened for international trade in the 1980s, opened up to foreign investment in 1994, joined ASEAN in 1999, and became a member of the WTO in 2004. Its bilateral ...
Land policy and administration
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The Royal Government of Cambodia's land policy has three pillars: land administration, land management and land distribution. The objective of the country’s land policy is to facilitate the use and management of land and natural resources for socio-economic development in an equitable and sustainable manner. ...
Agricultural commodities, processing and products
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Farmers harvest corn from their farms, Cambodia. Photo by World Bank/Chhor Sokunthea, taken on 17 July 2013. Licensed under CC BY-NC-ND 2.0Key agricultural commodities and products include rice, rubber, corn (maize), vegetables and fruit, and cassava (tapioca). More than 90 percent of Cambodia’s agricultural exports ...
Announcement on a positive case of the 2019 Novel Coronavirus (2019-nCoV) in Preah Sihanouk province and measures to prevent from the Novel Coronavirus
The Ministry of Health issued an announcement to the public that the ministry found a positive case of the 2019 Novel Coronavirus (2019-nCoV) at 3pm on 27 January 2020. The infection was detected by the Pasteur Institute of Cambodia on 60-year-old Chinese national Jia Jianhua, ...
Ministry of Health
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Business structures and legal registration
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Since the 1990s, the Cambodian economy has recorded a substantial expansion led by the tourism, manufacturing and construction sectors. One of the highest economic growth rates in the world allowed Cambodia to become a lower-middle-income country in 2015 353The country has a strategic position in ...
Tepken Vannkorn: What I've learned from WordCamp Asia 2023
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WordCamp Asia, which happened in Bangkok from February 17-19, 2023, was the first flagship WordCamp in Asia. So far, there have been three types of flagship WordCamp: US, Europe, and Centroamérica. As a member of the Cambodia ICT and Digital Forum (CamIDF), I attended this ...
Responsible business in Cambodia
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Given that most business models are profit-driven, the need for accountable and responsible businesses plays a significant role in minimizing its adverse effects on the environment and society contributing to sustainable development. Based on this basis, the concept of conducting business responsibly goes beyond profit ...
Investment
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Cambodia restructured its economy after many years of protracted war and instability. The economy grew strongly following the country’s transition to a free-market economy as it opened to trade and capital flows. Growth was supported by the flow of development assistance, access to the European ...
Industries
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Industries in Cambodia (excluding extractive industries and mining) are mostly within the garment, light manufacturing, agricultural, construction and tourism sectors. The Royal Government of Cambodia has set directions to transform Cambodia into a middle-income economy by 2030 and high-income country by 2050, as mandated in ...
Sugarcane
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Growth in sugar production in Cambodia has created significant potential for sugarcane-based biofuel production. That potential has not yet been realized, though recent foreign investment may give rise to change. There are several types of sugar crop: sugarcane, sugar palm trees and sugar beets. Sugarcane ...
SMEs policy and regulation
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The Covid-19 pandemic has caused a major economic shock in Cambodia, having a spillover on Cambodian micro, small and medium enterprises (MSMEs) and small household farmers’ survival and business continuity.561 Digital technologies are crucial during the pandemic, in which the owners of SMEs should focus ...
Fishing, fisheries and aquaculture
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Cambodian fish farmer checking on fish quality. Photo by U.S. Agency for International Development (USAID), taken on 16 October 2012. Licensed under CC BY-NC-ND 2.0.Cambodia’s inland capture fisheries are among the largest in the world. The fishing industry encompasses subsistence, commercial and recreational fishing, as ...