Cambodia’s economic policies are relatively liberal for the region, and its investment and trade regimes remain attractive. However, being a small and open economy, Cambodia is susceptible to external changes and shocks. Global trade growth slowed in the second half of 2022 and further deceleration ...

Five out of six people’s representatives were remanded in custody on Friday, June 23, in connection with a case of encroachment on state-owned private land leased to the Rath Sambath Company in Ota Teak village, Ta Tok commune, Samlot district, Battambang province. ...

Cambodian animals are state property under Article 48 of the Forestry Law of 2002. This places the Forestry Administration (FA) in charge of research programs and conservation duties. The FA carries this out through its Department of Wildlife and Biodiversity. Conservation programs in the field ...

For most of the 21st century, Cambodia has enjoyed significant economic expansion, moving from a period of political turmoil to emerge as one of the fastest-growing economies in the world. Cambodia achieved lower-middle-income status in 2015, largely as a result of free-market reforms, the introduction ...

Cambodia’s economy has experienced an impressive performance, reflected in its rapid economic growth and significant poverty reduction. Part of this is the result of the relative openness of Cambodia towards foreign investors. Domestic investment has also been growing, although at a lower rate than other ...

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 ...

CSX chief executive Hong Sok Hour explains how the exchange will function on its first day of trading and into the future. The way to begin trading on the CSX is to open an account with any one of a dozen securities firms which are licensed ...

Industries such as tourism and garment production are booming. Mining is taking off and the Cambodian Stock Exchange (CSX) is finally up and running after a 10-month delay with Phnom Penh Water Supply (PPWS) its first listing. “PPWS is considered one of the best managed state ...

Government security forces shot dead a teenage girl in Kratie province yesterday morning in a coordinated operation to arrest protesters locked in a long-running land dispute with a rubber company accused of stealing their land. The provincial governor said the joint forces opened fire to defend ...

Cambodia held on to its Tier 2 ranking for the third straight year in the U.S. State Depart- ments latest global Trafficking in Persons Report, which praised the country for a rise in prosecutions, but criticized the country over a new sub-decree on migrant labor. In ...

Increasing discrimination by factories against unions and continued poor wages in Cambodia’s garment sector have resulted in a rise in the number of worker protests, according to a report released yesterday by the International Labor Organization (ILO). According to its periodic synthesis report on working ...

Garment factories run the risk of having their cargo confiscated by U.S. customs authorities if they continue using pirated computer software in their administrative operations, and may be prosecuted under a law that requires all manufacturers to use licensed digital software, according to a local ...

The government’s latest five-year strategy calls for a complete halt to economic land concessions (ELCs) and an inquiry into those still in the pipeline. But the plan has drawn scepticism from conservationists and rights groups, who pointed out that loopholes have been liberally applied after the ...

The Cambodian and Malaysian governments will sign a memorandum of understanding (MoU) within three months that will restart the business of sending Cambodian domestic workers to the country after a two-year moratorium, a Labor Ministry official said Friday. After meeting with representatives from the Malaysian Home ...

Sixty-six National Assembly members of the ruling CPP on Tuesday unanimously approved Cambodia’s $3.56 billion draft budget for 2014 without debate and without even the hint of an opposition, whose 55 lawmakers-elect are boycotting parliament in protest over July’s still-disputed national election result. The ruling party ...

The chief executive of SL Garment Processing (Cambodia) yesterday said the factory has agreed to reinstate 19 dismissed union leaders and activists, a sticking point which could end a strike that has lasted more than three months. Hours after the Ministry of Labour announced the garment ...

The Cambodia opposition says it is holding firm to a threat to boycott the Sept. 23 opening session of parliament, potentially stalling the formation of a new government, if a political solution is not found by Sept. 22, as leaders from both sides met for ...

Cambodia held an inter- ministerial meeting on Monday to discuss and prepare documents for a talk with China in November in order to further enhance bilateral ties and cooperation, officials said. Koy Kuong, spokesman for the Ministry of Foreign Affairs, said that the Monday’s meeting ...

Only 3.7 percent of Cambodia’s 14 million people have bank accounts with a financial institution, while less than 1 percent of those with an account are actually using them to save money, according to a World Bank report released Tuesday. Though the World Bank’s Global Financial ...

The Labor Ministry in a statement Thursday insisted that unions were still free to register as entities recognized by the government, a day after a ministry spokesman said that union registration had been effectively suspended for the foreseeable future. Free Trade Union (FTU) president Chea Mony ...