A government official said on November 22 that at least 110 garment factories had closed in the first nine months of the year and left more than 55,000 workers without jobs – but union leaders worry those numbers could be much higher. ...

As many small and medium-sized enterprises (SMEs) struggle to stay afloat because of current economic challenges, many entrepreneurs in the kingdom are adapting and taking advantage of opening businesses online and using social media and its technology as a business tool. ...

Cooperation in trade and investment, human resources, and post-pandemic economic recovery will be the focus of a 2021-2022 joint plan of action freshly adopted by Cambodia, Laos, Myanmar and Vietnam (CLMV) at the 12th CLMV Economic Ministers Meeting. ...

The National Bank of Cambodia (NBC) is continuing to accept small denomination US banknotes ($1, $2 and $5) “free of charge” from financial institutions, despite the August 31 deadline it had set out in May. ...

The Ministry of Tourism has launched the second phase of a skills development programme to promote human resource abilities in the Kingdom’s tourism sector. Pak Sokhom, the Ministry of Tourism’s secretary of state, said that the programme will provide young people with vocational skills, create ...

Thailand’s outgoing Energy Minister Sontirat Sontijirawong expects that there will be a resumption of talks to resolve the dispute of the offshore petroleum blocks in the overlapping maritime territories between Cambodia and Thailand after a delay of 20 years, according to a Bangkok Post report.​ ...

Having a free-trade agreement (FTA) with more trade partners would help mitigate the Kingdom’s loss from the European Union’s partial withdrawal of the Everything- but-Arms (EBA) trade status in the future because the country has already completed one with China. ...

A conference was held at the UN Development Programme (UNDP) head office in Phnom Penh as well as over video conference to discuss a new report conducted by the UN and the institute for Manufacturing Educational Consultancy Services (IfM ECS) within the University of Cambridge). ...

PESTECH (Cambodia) Plc, a subsidiary of Malaysia-based power infrastructure specialist PESTECH international Bhd, yesterday officially listed on the local bourse, becoming the 13th listed company in the Cambodia Securities and Exchange (CSX). ...

The government’s tax collection remains strong even during the COVID-19 pandemic, reaching more than $2.25 billion in the first nine months of this year, according to a report by the General Department of Taxation (GDT). ...

The UN Development Programme (UNDP) announced yesterday that  Sweden will contribute about $500,000 to  its joint conservation efforts with the Environment Ministry in Pursat and Siem Reap provinces to support tree planting activities, the establishment of plant nurseries and a “cash-for-work” initiative. ...

Civil society groups and human rights non-governmental organizations knew in 2019 that it would be the last time international Human Rights Days would be a holiday, after the government did away with five national holidays to increase annual work days. ...

The Council for the Development of Cambodia (CDC) on December 8 approved Botum Sakor Energy Co Ltd’s (BSE’s) more-than-$1 billion 700MW coal-fired power station in Koh Kong province’s southwestern Botum Sakor district. ...

The government, through three relevant ministries, issued an inter-ministerial prakas allowing disabled people to have the right to legally get a driver’s licence, with the overall goal of promoting the rights of disabled people to drive vehicles in Cambodia. ...

The National Election Committee (NEC) has decided to allow the Committee for Free and Fair Elections in Cambodia (COMFREL) to continue auditing the 2020 voter list to help improve its quality and accuracy. The results of this process will be posted on December 31. ...

The National Committee for the Prevention and Crackdown on Natural Resource Crimes, in collaboration with environment and Forestry Administration officials, cracked down on 3,312 forest crimes and arrested 228 offenders from December 2019 to November this year. ...

Cambodia will chair the 2022 Asean Capital Markets Forum (ACMF), according to Sok Dara, Deputy Director-General Securities and Exchange Commission of Cambodia (SECC). This year Vietnam was tapped to chair the forum with Brunei slated for that role in 2021. ...

The Ministry of Water Resources and Meteorology has urged the Wildlife Conservation Society (WCS) to expedite their work in support of a joint project to develop the Kampong Thom province Stung Chinit Irrigation system and conserve local endangered species. ...

The ministries of Environment and interior have jointly established a new working group to review and integrate sanitation and environmental measures into the so-called Safe Village/Commune policy.​​ The government hopes to inspire residents to address hygiene and solid waste management in communities nationwide. ...

The General Department of Taxation (GDT) rode out the challenges presented by the Covid-19 pandemic and the downturn in the regional and global economies to reach nearly 95 per cent of its annual revenue collection target as of December 16.​ ...