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EU partially withdraws EBA

The EU Commission on Wednesday announced the partial withdrawal of the Everything But Arms (EBA) scheme, citing a serious and systematic violation by Cambodia of principles in the four core human and labour rights. The suspension affects one-fifth or €1 billion ($1.08 billion) of Cambodia’s ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/eu-partially-withdraws-eba

Smallholder farmers to face land shortage, study finds

Smallholder farmers have a crucial role to play in tempering the growing pains of Cambodia’s transition to an industrialised economy, but unless something is done, they will face a land shortage in the coming years, according to the authors of a new report. They will ...

Jack Davies
http://www.phnompenhpost.com/national/smallholder-farmers-face-land-shortage-study-finds

Tobacco tax increase likely

Increasing the tobacco retail tax — one of the world’s lowest at 10 per cent of unit price for domestically produced cigarettes — would deter smokers and increase government revenue while having minimal effect on tobacco producers, Ayda Yurekli, co-ordinator for the World Health organization’s ...

http://www.phnompenhpost.com/index.php/2012091858767/National-news/tobacco-tax-increase-likely.html

Banking made more accessible

The largest bank in Cambodia, Acleda Bank Plc, has extended its mobile banking and payments service to consumers without an existing banking relationship of any kind, according to a press release by global technology provider Fiserv. Established in 2010, Acleda Unity now reaches untapped consumer segments using ...

http://www.phnompenhpost.com/index.php/2012103059461/Business/banking-made-more-accessible.html

Toll trains said to stop March 31

Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group ...

http://www.phnompenhpost.com/index.php/2012032055123/Business/toll-trains-said-to-stop-march-31.html

Announcement on the extension of application for the use of foreign workforce 2021

On 09 December 2020, the Ministry of Labour and Vocational Training issued an announcement on the extension of application for the use of foreign workforce 2021. The Ministry also reminds owners or directors of enterprises/establishments who need to use foreign workforce for 2021 to hurry ...

Ministry of Labour and Vocational Training

Download: pdf

Cambodia’s “model citizen” stands to win $10,000

The search is on for Cambodia’s model citizen – and the person selected will win $10,000. Over the next four months, Smart Axiata aims to find the person who has done the most for their country, neighbour, village or province. The initiative, entitled the Smart Good ...

Sok Chan
https://www.khmertimeskh.com/50794745/cambodias-model-citizen-stands-to-win-10000/

TV goes digital by 2023, paving way for 5G

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 ...

Hin Pisei
https://www.phnompenhpost.com/business/tv-goes-digital-2023-paving-way-5g

Announcement on the temporary on suspension of all technical and vocational education and training institution across the country

On 20 March 2021, Ministry of Labour and vocational training has posted an announcement on the temporary on suspension of all technical and vocational education and training institution across the country. This suspension is to respond to the on going COVID-19 community outbreak. According to ...

Ministry of Labour and Vocational training

Download: pdf

Kingdom-US trade surges 33% in six months

Bilateral trade between Cambodia and the US remained resilient in the first half of 2021, clocking in at $3.8402 billion, or a 32.8 per cent surge from the $2.8917 billion booked in the same period last year, despite the profound implications of the Covid-19 pandemic ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-us-trade-surges-33-six-months

Obligation of employers to promote the COVID-19 vaccine booster dose to workers

On 12 January 2022, the Ministry of Labor and Vocational Training issued a notification on the obligation of employers to promote the COVID-19 vaccine booster dose to workers.All factory owners or directors must promote and educate workers about the need for COVID-19 vaccine booster doses ...

Ministry of Labor and Vocational Training

Download: pdf

Implementation of holidays on Khmer New Year 2022

On 29 March 2022, the Ministry of Labor and Vocational Training issued a notification on the implementation of holidays on Khmer New Year 2022.The owner or director of the factory and enterprise should allow all his workers to take paid leave during the upcoming Khmer ...

Ministry of Labor and Vocational Training

Download: pdf

France to strengthen Cambodia’s aviation safety and security

French Development Agency or AFD has launched a project worth €450,000 (approximately $481,599) to strengthen safety and security as well as integrate environmental issues in Cambodia’s civil aviation sector. ...

Chea Vanyuth
https://www.khmertimeskh.com/501089870/france-to-strengthen-cambodias-aviation-safety-and-security/

PM: Info access law maybe by 2024-25 as ‘all inputs’ needed

The draft Law on Access to Information could possibly be passed in 2024 or 2025, according to Prime Minister Hun Sen. The drafting of the law has been underway for several years, with inputs from different stakeholders including NGOs and UNESCO who have been pushing for ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/pm-info-access-law-maybe-2024-25-all-inputs-needed

Cambodia’s public debt almost touched $10 billion last year

Cambodia’s total public debt stock is expected to increase approximately 1.42 percent to reach $9.97 billion by the end of 2022 compared to over $7 billion five years ago, while the national budget law allowed the government to borrow about $1.26 billion or $1.7 billion ...

Kang Sothear
https://www.khmertimeskh.com/501226200/cambodias-public-debt-almost-touched-10-billion-last-year/

Cabinet approves draft legal documents, nat’l strategy

The Council of Ministers or the Cabinet for the seventh legislature of the National Assembly yesterday approved three legal documents, one national strategy and two reports during its second plenary session, presided over by Prime Minister Hun Manet at the Peace Palace, said a senior ...

Kang Sothear ​​
https://www.khmertimeskh.com/501363709/cabinet-approves-draft-legal-documents-natl-strategy/

Singapore replaces China as Cambodia’s top FDI source

Singapore has replaced China as the leading investing country in Cambodia in 2021, accounting for six projects, or 40 percent of Cambodia’s inward FDI, revealed the Investment Monitor’s ‘2022 Inward FDI Performance Index’, released recently. ...

Manoj Mathew
https://www.khmertimeskh.com/501178069/singapore-replaces-china-as-cambodias-top-fdi-source/

Oil exploration in Cambodia
https://www.flickr.com/photos/st33vo/5848576484

In Southeast Asia, Cambodia is one of the countries rich in natural resources—gemstones, gas, oil, phosphates, manganese, iron ore and timber.1 Since the early 2000s, many companies like Thailand’s PTT, Petro Vietnam and China National Offshore Oil Corp (CNOOC) have searched for possible oil reserves ...

Labor arbitration

Arbitration Council in session, Cambodia. Photo by ILO (Asia and the Pacific), took on 8 June 2012. Licensed under Attribution-NonCommercial-NoDerivs 2.0 GenericThe Arbitration Council was established by the 1997 Labor Law. However, the Arbitration Council just opened its doors to serve employers, employees, workers and ...

Cambodia Stock Exchange to Push Transparency

When the Cambodia Securities Exchange (CSX) was officially launched on Jul. 11 there were no companies listed because of a drive to ensure that everything was above board. “We want to assure full transparency,” says Huot Pum, the deputy director-general of the Securities and Exchange ...

Marwaan Macan-Markar
http://www.ipsnews.net/2011/07/cambodia-stock-exchange-to-push-transparency/

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