Cambodia’s national council on minimum wage on Monday began to discuss the annual increase of monthly minimum wage for the garment, footwear and travel goods industry for 2023, according to a statement from the council. ...

The Ministry of Planning will announce the results of the Cambodia Agricultural Survey 2021 (CAS2021) early next year, while a working group will begin the 2022 agricultural survey in early October. The CAS 2020 report showed that 57 per cent of household agricultural holdings are ...

In the first two months of 2023, Cambodia exported nearly 100,000 tonnes of milled rice worth $72.67 million to 38 markets through 40 milled rice export companies, according to a report from the Cambodia Rice Federation (CRF). ...

Cambodia recorded some 2.57 million international visitors in the first half of 2023, a sharp increase of 409 percent from 506,762 over the same period last year, Tourism Minister Thong Khon said on Monday. ...

Cambodia’s famed Angkor Archeological Park received 798,069 international visitors in 2023, up 177 percent from 287,454 in the previous year, said a news release on Monday. ...

The National Bank of Cambodia (NBC) sold $139.1 million through auction last year to stabilise the riel exchange rate and to rebound the economy, according to the central bank’s report released on Monday. ...

Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...

The Banking Jobs and Skills Summit 2023 is set to take place from September 29-30 at the National University of Management (NUM), featuring around 20 financial institutions and offering thousands of job opportunities to students. ...

With bank credit growth reaching its lowest in two decades in Cambodia, households’ mortgage loans posted weak growth in 2023, said the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

Investment in the financial sector declined by 28.7 percent in 2023, despite an increase in foreign direct investment (FDI) of 14.5 percent, according to the National Bank of Cambodia’s (NBC) 2023 annual report. ...

The government on December 28 held an inter-ministerial meeting to discuss setting up a digital television platform as part of the Kingdom’s shift away from analogue. Held at the Ministry of Economy and Finance, the meeting discussed the would-be platform operator’s models of management and ...

A mix of equity and bond listings are expected to double Cambodia Securities Exchange (CSX)’s total new securities to 14 in 2023, the CSX said on Wednesday. ...

Cambodia and Japan highly valued the bilateral relations between the two countries and noted with satisfaction its upgrading to Comprehensive Strategic Partnership in 2023, the commemorative year of the 70th Anniversary of Diplomatic Relations, according to a press release from the Ministry of Foreign Affairs ...

The minimum wage for workers in Cambodia’s billion-dollar garment sector will rise to $200 a month next year, a $6 raise that unions said was insufficient while employers raised concerns about profits and regional competitiveness. ...

The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, Minister attached to the Prime Minister and Delegate of the Royal Government in ...

Almost $6 million will be used on mine clearing across six provinces in the first phase of the Samdech Techo Project for Mine Action (STP-MA), according to the Cambodian Mine Action and Victim Assistance Authority (CMAA). ...

Reiterating its support to the efforts of authorities to make Cambodia a mine-free nation by 2025, the Cambodian Mine Action Centre (CMAC) has pledged to clear more than 265 square kilometres of landmines and unexploded ordnance (UXOs) this year. ...

Deputy Prime Minister and Minister of Economy and Finance (MEF) Aun Pornmoniroth said yesterday that Cambodia’s annual economic growth per person or GDP per capita has been forecasted to increase to $1,932 in 2023 from $1,784 in the previous year, even as inflation has been ...

Two local public-listed state-owned enterprises (SOE) have posted financial results for either the first three or four months of the year, which fell somewhat short of expectations, as local, regional and global economies continue to feel the shockwaves of the Russo-Ukrainian conflict. ...