A preference for NGO and government jobs among young Cambodians was contributing to a critical labor shortage in the industrial manufacturing sector, a Labor Ministry official said yesterday. Speaking to 3,000 prospective university students on Phnom Penh’s Diamond Island, Labor Ministry Secretary of State Pich Sophoan ...

“Cambodia’s economic growth will stand about 7 per cent this year,” director general of National Bank of Cambodia His Excellency Chea Chanto said. He adds: “Cambodia is trying to diversify its economies to boost the growth.” At the same time, the report from World Bank said: ...

The value of imports and exports passing through the China-Cambodia jointly invested Sihanoukville Special Economic Zone (SSEZ) reached $2.49 billion in 2022, a year-on-year increase of 12 percent, SSEZ General Manager Cao Jianjiang told Xinhua on Tuesday. ...

Cambodia and Laos agreed to de-escalate tensions along the border in Stung Treng province during a meeting at the World Economic Forum, a government official attached to Prime Minister Hun Sen said yesterday.​ ...

Cambodia’s economic growth is projected to see robust growth next year because of economic recovery resulting from the government’s Covid-19 vaccination programmme. ...

Over 470,000 units of unauthorised or expired drugs were confiscated during a crackdown on unlicensed medical facilities in Siem Reap City this week, according to provincial police. The inspections of health facilities started on Friday with city economic police working with the provincial health department to ...

Human Rights Watch says three draft laws on the verge of approval by the National Assembly, intended to assure the independence of Cambodia’s courts, would do just the opposite, and has called on the government to withdraw them. The Council of Ministers approved the trio of ...

Prime Minister Hun Sen on Monday called for more investment from France, telling business leaders in Paris that they could access the entire region when the ASEAN Economic Community (AEC) kicks off at the end of the year. ...

Cambodia drastically downgraded its economic forecast for 2021 to 2.5 per cent from the 4.1 per cent projection announced at the beginning of the year, due to the deteriorating Covid-19 situation. ...

Cambodia has received 230,100 Chinese tourists in the first six months of 2014, an increase of 19 percent over the same period last year, according to a tourism report released on Wednesday. The report shows that China is the second largest source of tourists to Cambodia ...

Cambodian Commerce Minister Pan Sorasak said on Monday that the trade deal is a key driver for economic recovery in the participating countries both during and after the pandemic. ...

The National Committee for the Management and Development of Coastal Zones is taking action against an unnamed company accused of reclaiming parts of Prek Treng beach in Preah Sihanouk province. ...

The Environment Ministry has started it’s process of recruiting 300 new forest rangers to work in select provinces next year in a bid to fill staff shortages and reduce deforestation.​ Ministry spokesperson Sao Sopheap said yesterday that the existing 960-strong ranger workforce was insufficient to guard ...

Only 200 of some 5,000 domestic NGOs have submitted required banking details to the Interior Ministry, its spokesman said on Monday, as the government steps up enforcement of tax requirements on organizations that may have racked up huge unpaid bills. ...

The launch of the National Strategy for Informal Economic Development 2023-2028 will achieve three goals at the same time, i.e. alleviating poverty and social inequality, strengthening social and economic resilience, and boosting economic growth. ...

Cambodia’s export business is in the process of changing due to shifts in manufacturing in Asia. A business publication in the country has reported unexpected growth in the “machinery and transport equipment” sector and speculated it was as [sic] “probably bicycles.” But when Cambodia jumped ...

Phnom Penh Special Economic Zone (PPSEZ), the private firm that operates Cambodia’s most developed industrial park, will hold a bookbuild for investors later this month for an initial public offering it hopes will raise up to $11.6 million for expansion and debt repayment, according to ...

Listed industrial park operator Phnom Penh SEZ reported revenue of $1.46 million for the first quarter of 2017, a decline of $1.72 million, or nearly 54 percent, compared with the same period last year, according to a filing yesterday on the Cambodia Securities Exchange. ...

Provincial government officials in Stung Treng have warned companies granted economic land concessions (ELCs) in the province to fulfil their promised development plans or face losing their rights to the land. Touch Thea, director of the Stung Treng provincial department of agriculture, said the call for ...

Adding its name to a rapidly growing list of private companies, Tonlesap Airlines is gearing up for an initial public offering on the Cambodia Securities Exchange. And like many of these companies, the listing is still years off as Tonlesap prepares the tax And financial information ...