The Council for the Development of Cambodia (CDC), the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China and the Hong Kong Trade Development Council (HKTDC) Wednesday signed two memoranda of understanding (MoUs) to diversify the economy, develop private sector and foster ...

The Chinese government-run China National Cereals, Oils and Foodstuffs Corporation (COFCO) will today formally agree to import 100,000 tonnes OF rice from Cambodia, local OFficials say. Representatives from COFCO and Green Trade Co, a Cambodian government-owned agriculture firm, today met in Beijing to sign the agreement, ...

The International Labour Organisation (ILO) Better Factories Program (BFC) has responded to a scathing report released last week by Stanford University, which said the ILO program was ineffectual as it had not helped secure Cambodian workers a significant wage increase since the program started over ...

The Cambodian National Petroleum Authority (CNPA), formerly overseen by the Council of Ministers, will be integrated into the Ministry of Mines and Energy, according to senior CPP officials, the latest cut to the vast portfolio of government bodies controlled by Deputy Prime Minister Sok An. Since ...

Deputy Prime Minister Sok An requested yesterday that the Ministry of Education, Youth and Sports collaborate with the Ministry of Labour to create a vocational “bridge” program to enable students without high school degrees to have access to trade-based, university-level coursework. ...

Cambodia imported 1.31 billion tonnes of oil in the first 10 months of this year, a 2.2 per cent slide compared to 1.34 billion tonnes in the same period last year, according to data from the Ministry of Commerce. Industry experts said the drop did not ...

The National Council on Minimum Wage (NCMW) convened for its second tripartite meeting on August 28, aiming to determine a minimum wage for workers in Cambodia. Representatives from trade unions and employers gathered for discussions, though a definite base salary figure remains undecided. ...

A recent report by the World Economic Forum underscored the Kingdom’s poor performance in educating and training its citizens in order to develop a competitive workforce and put their skills to productive use, ranking it for the first time in its annual review as the ...

Cambodia’s remarkable decline in poverty rate is a positive step towards the Southeast Asian country’s graduation from the Least Developed Country (LDC) status, a United Nations official said on Tuesday. ...

According to a press release from the ASEAN+3 Macroeconomic Research Office (AMRO) on Thursday, Cambodia’s economy is predicted to grow robustly in 2024, driven by a rise in exports and a continued tourism recovery. ...

With five free trade agreements (FTAs) on the docket this year, Cambodia is bolstering its logistics network in anticipation of the deals. To that end, last month the Prime Minister approved the immediate upgrade of the Stung Bot, Bavet and Poipet  checkpoints. ...

The emergence and spread of COVID-19 have brought significant economic pressure on nations around the globe. The pressures on Cambodia are evident in multiple aspects of the country’s economy. The country’s administration has halted certain operations within its economy since confirming its first case in ...

On 24 November 2022, Open Development Cambodia (ODC), in collaboration with ActionAid Cambodia and the Children and Women Development Center in Cambodia – CWDCC, held a Dissemination Workshop on Data and Updated Information on Community Fisheries in Kampot and Kep Province on the ODC website, ...

Growth of exports to Japan slowed during the first half of 2017, marking the lowest half-year growth rate in nearly a decade, newly released data from Japan’s development agency show. ...

Earlier this month Prime Minister Hun Sen approved five more economic land concessions totally 44,780 hectares in the Preah Vihear province. Largely distributed to agri-business companies there is fear that the concessions will lead to deforestation. Heng Roy International, Heng You International, Lan Feng International, ...

The government yesterday highlighted the success of regional summits in South Korea, noting its government pledged to support the Kingdom’s socio-economic development. ...

The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday The bank predicted that Cambodia’s gross domestic product to grow by ...

The Ministry of Agriculture, Forestry and Fisheries said in the first three quarters of this year, Cambodia earned $5.7 million in royalties from forest produce – an increase of nearly $2 million compared to the same period last year when it earned $4 million. The ...

Minister of Commerce Pan Sorasak on Wednesday said the Cambodian government has focused on its competitiveness strategies and the growth of Industry 4.0 in the Kingdom to withstand the trends of global protectionism and geopolitical polarisation. Speaking at a workshop on “Cambodian Trade Integration Strategy ...

Representatives from communities in four provinces evicted to make way for sugar plantations alleged during a press conference yesterday they were barred from delivering petitions to the Ministry of Land Management. ...