SME federation wants its own SEZ
The Federation of Associations for Small and Medium Enterprises of Cambodia is planning to propose that the government set up special economic zone (SEZ) for small and medium-sized sized enterprises (SMEs) so that they can work in clusters, saying this will enhance their productivity, increase ...
Sok Chan
http://www.khmertimeskh.com/news/21157/sme-federation-wants-its-own-sez/
Angkor Wat families get solar power
In an effort to make the area look better and promote environmental practices amongst the communities living within the Angkor Archaeological Park in Siem Reap province, the Apsara Authority, which is tasked with maintaining the temple area, is pushing the use of solar panels. Unsightly electric ...
Pech Sotheary
http://www.khmertimeskh.com/news/29042/angkor-wat-families-get--solar-power/
FTA with EAEU bloc may diversify export market
As the government moves to a Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU), garment and rice industry insiders expect the new trade corridor to diversify the Kingdom’s export market. ...
Thou Vireak
https://www.phnompenhpost.com/national/fta-eaeu-bloc-may-diversify-export-market
Two Chinese firms invest in PPSEZ
Two Chinese-owned manufacturers have decided to invest in the Phnom Penh Special Economic Zone (PPSEZ) despite Covid-19. ...
Thou Vireak
https://www.phnompenhpost.com/business/two-chinese-firms-invest-ppsez
Sahas E&C deal paves way for Phnom Penh Special Economics Zone (PPSEZ) buyback
Bourse-listed Phnom Penh Special Economic Zone Plc (PPSEZ) confirmed that it has absorbed the outstanding 40 percent stake in Sahas E&C Co Ltd – paving the way for the company to press forward with its proposed share buyback. ...
Husain Haider
https://www.khmertimeskh.com/50899001/sahas-ec-deal-paves-way-for-ppsez-buyback/
Bilateral FTAs, RCEP expected to drive new industrial investment inflows
Cambodia is expected to attract new investment in industrial sector under the bilateral free trade agreements (FTAs), the Regional Comprehensive Economic Partnership Agreement (RCEP), together with new investment law. ...
Khmer Times Staff
https://www.khmertimeskh.com/501224876/bilateral-ftas-rcep-expected-to-drive-new-industrial-investment-inflows/
AMRO maintains 6.2 percent GDP growth for Cambodia
The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained a 6.2 percent growth for Cambodia in the current year in its January 2024 Quarterly Update. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501425667/amro-maintains-6-2-percent-gdp-growth-for-cambodia/
Cambodia raises garment wage, but unions say not enough
Cambodia on Wednesday raised the controversial monthly minimum wage for garment workers by 28 percent, a decision likely to infuriate unions seeking a higher increase and revive calls for strike action. Sixteen members of the Labour Ministry’s Labour Advisory Committee voted for the government-proposed minimum ...
World Bulletin News Staff
http://www.worldbulletin.net/economy/148209/cambodia-raises-garment-wage-but-unions-say-not-enough
Minister of Education supports TVET modernization
The Ministry of Education, Youth, and Sports supports the initiatives by the Ministry of Labour and Vocational Training to modernise the Technical and Vocational Education Training (TVET). ...
Khmer Times Staff
https://www.khmertimeskh.com/501508574/minister-of-education-supports-tvet-modernization/
Cambodia defies global crisis
Cambodia’s economic performance this year has been heartening despite the global economic slowdown, especially the chaos caused in Europe by the sovereign-debt crisis and the sluggish recovery of the US economy. In October, the International Monetary Fund revised its world growth projections to 3.3 per cent ...
PM institutes land concessions moratorium
Prime Minister Hun Sen has issued an immediate and indefinite moratorium on the granting of new economic land concessions and called for a review of all existing concessions, a regulation signed by the premier yesterday states. Dated to an April 27 Council of Ministers’ meeting, the ...
http://www.phnompenhpost.com/index.php/2012050856036/National-news/conceding-a-problem.html
Coke betting big on Cambodia
Coca-Cola held the ground-breaking ceremony for its new $100 million production facility at the Phnom Penh Special Economic Zone yesterday, which when completed in 2016 will double the beverage behemoth’s Cambodian output over the next six years.The new facility, which was announced last November after ...
Ayanna Runcie and Ananth Baliga
http://www.phnompenhpost.com/business/coke-betting-big-cambodia
First hedging deal transacted
ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...
Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted
EU parliament urges end to political persecution, calls for free and fair elections
The European Parliament called on Cambodian authorities to release former opposition leader Kem Sokha and reinstate the court-dissolved CNRP for participation in the 2023 elections in a resolution on Thursday. ...
Sorn Sarath and Phon Sotthyroth
https://cambojanews.com/eu-parliament-urges-end-to-political-persecution-calls-for-free-and-fair-elections/
Franchise industry expands
Cambodia’s growing economy and hunger for new brands, particularly among young people, contribute to making Cambodia a profitable market for the franchise business, industry insiders said at the Franchising Forum in Phnom Penh last week. [Rami Sharaf, CEO of RMA Group in Cambodia] said Cambodia is ...
http://www.phnompenhpost.com/index.php/2012101859294/Business/franchise-industry-expands.html
Lead-up to poll saw SLCs spike
Prime Minister Hun Sen’s 2012 ban on the allocation of economic land concessions was supposed to halt the unpopular practice of turning over large swaths of property to developers. and going by the numbers last year, it worked. But in the vacuum, according to local rights ...
May Titthara
http://www.phnompenhpost.com/national/lead-poll-saw-slcs-spike
Cambodia, UAE conclude comprehensive economic partnership agreement
The UAE and the Kingdom of Cambodia have finalised the terms of a comprehensive economic partnership agreement (CEPA), paving the way for a new era of trade and investment cooperation between the two nations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501280969/cambodia-uae-conclude-comprehensive-economic-partnership-agreement/
FAO Estimates Cambodia 2014 Rice Exports to Increase Slightly to 1.2 Million Tons
The UN’s Food and Agriculture Organization (FAO) has estimated Cambodia’s 2014 rice exports to increase slightly to 1.2 million tons over that in 2013 due to increased production. The FAO reports that its exports estimate includes unofficial exports of milled as well as paddy rice ...
Oryza News Staff
http://oryza.com/news/rice-news/fao-estimates-cambodia-2014-rice-exports-increase-slightly-12-million-tons
Lack of construction regulations a concern
Cambodia is experiencing a runaway property boom that must be constrained by laws and regulations in order to draw investment from European developers, which are largely absent in the country, experts said at an industry conference in Phnom Penh on Wednesday. Simon Griffiths, senior manager at ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/lack-of-construction-regulations-a-concern-68862/
Hun Sen touts Cambodia’s approach to closing gender gap
Prime Minister Hun Sen addressed world leaders at the UN on Sunday, giving his formula for closing the gender gap. On Friday, world leaders adopted a new set of development goals, to be achieved over the next 15 years, including gender promotion. ...
Men Kimseng
http://www.voacambodia.com/content/hun-sen-touts-cambodia-approach-to-closing-gender-gap/2985720.html