Report shows skills gap as companies struggle to find competent candidates to fill key positions
As if highlighting the lAck of work skills And experience in the Kingdom, of more thAn 1,000 job openings in Phnom Penh Alone As of lAst month, only 150 young ApplicAnts were successful At the interview stAge. Phnom Penh Job Center director Aing PheAreAk told <A href='https://opendevelopmentcAmbodiA.net/news/report-shows-skills-gAp-As-compAnies-struggle-to-find-competent-cAndidAtes-to-fill-key-positions/ ' clAss='cAmbodiA-color'>...A>
Joint statement by the Association of Banks in Cambodia (ABC), Cambodia Microfinance Association (CMA), and Cambodian Association of Finance and Technology (CAFT) on some crypto-related platforms
On 12 November 2022, the AssociAtion of BAnks in CAmbodiA (ABC), CAmbodiA MicrofinAnce AssociAtion (CMA), And CAmbodiAn AssociAtion of FinAnce And Technology (CAFT) issued A joint stAtement on some crypto-relAted plAtforms.All three AssociAtions And its members deny this Advertisement And confirm no AffiliAtion with PAYEER or <A href='https://opendevelopmentcAmbodiA.net/Announcements/joint-stAtement-by-the-AssociAtion-of-bAnks-in-cAmbodiA-Abc-cAmbodiA-microfinAnce-AssociAtion-cmA-And-cAmbodiAn-AssociAtion-of-finAnce-And-technology-cAft-on-some-crypto-relAted-plAtforms/ ' clAss='cAmbodiA-color'>...A>
Association of Banks in Cambodia (ABC)
Association a shoe-in
Cambodia has approved the creation of a footwear association under the umbrella of the Garment Manufacturers’ association in Cambodia. 37 of the country’s 38 footwear factories agreed to the creation of a representative body for their industry. The footwear industry is said to have exported <a href='https://opendevelopmentcambodia.net/news/association-a-shoe-in/ ' class='cambodia-color'>...a>
http://www.phnompenhpost.com/index.php/2011070750242/Business/association-a-shoe-in.html
NEC: Registration of new voters on track for next year
A report from the NAtionAl Election Committee (NEC) shows thAt from the opening of voter registrAtion until November 9, there were 303,691 new registered voters. This number indicAtes thAt more thAn 100,000 people who hAve become eligible to register hAve not yet registered. <A href='https://opendevelopmentcAmbodiA.net/news/nec-registrAtion-of-new-voters-on-trAck-for-next-yeAr/ ' clAss='cAmbodiA-color'>...A>
Yuth Vireak
https://www.phnompenhpost.com/national/nec-registration-new-voters-track-next-year
Cambodia hopes RCEP, bilateral FTAs to boost exports of garment, footwear, travel goods
Cambodia has pinned hopes on the Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral Free Trade agreements (FTas) to boost its exports of garment, footwear and travel (GFT) goods. <a href='https://opendevelopmentcambodia.net/news/cambodia-hopes-rcep-bilateral-ftas-to-boost-exports-of-garment-footwear-travel-goods/ ' class='cambodia-color'>...a>
Khmer Times Staff
https://www.khmertimeskh.com/501325280/cambodia-hopes-rcep-bilateral-ftas-to-boost-exports-of-garment-footwear-travel-goods/
‘Single Portal’ registers 22K firms
A totAl of 22,713 compAnies, with cumulAtive “registered shAre cApitAl” of $6.40 billion, were Approved by the six first-phAse Agencies And successfully registered on the Online Business RegistrAtion PlAtform &ndAsh; Also known As the “Single PortAl” &ndAsh; As of MArch 6 At 2pm, the Online <A href='https://opendevelopmentcAmbodiA.net/news/single-portAl-registers-22k-firms/ ' clAss='cAmbodiA-color'>...A>
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-registers-22k-firms
King signs South Korea FTA ratification into law
The bill sailed through the National assembly on December 29, the 9th Committee of the Senate on December 30, and the Senate on January 6. all votes were unanimous. The document was enacted into law by a Royal Code signed by the King on January <a href='https://opendevelopmentcambodia.net/news/king-signs-south-korea-fta-ratification-into-law/ ' class='cambodia-color'>...a>
Hom Phanet
https://www.phnompenhpost.com/business/king-signs-south-korea-fta-ratification-law
Cyclo drivers struggle as demand dwindles
When Men Chan started out as a cyclo driver in Phnom Penh in 1966, his services were in demand and his salary was modest but adequate. Now—like most of his colleagues across the city—the 71-year-old is struggling to make ends meet as his income stagnates and <a href='https://opendevelopmentcambodia.net/news/cyclo-drivers-struggle-as-demand-dwindles/ ' class='cambodia-color'>...a>
Kang Sothear and Holly Robertson
http://www.cambodiadaily.com/news/cyclo-drivers-struggle-as-demand-dwindles-62948/
Free-trade talks continue despite the pandemic
Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTa) negotiations between Cambodia, South Korea, China and <a href='https://opendevelopmentcambodia.net/news/free-trade-talks-continue-despite-the-pandemic/ ' class='cambodia-color'>...a>
Chhut Bunthoeun
https://www.khmertimeskh.com/50717809/free-trade-talks-continue-despite-the-pandemic/
Microcredit, a ‘double-edged sword’ strategy for migration
In Cambodia, as credit becomes increasingly available, more people are taking loans from microfinance institutions to help with migration.as of June 2015, microfinance institutions lent more than $2 billion, compared to $1.6 billion dollars in 2014, according to the Cambodia Microfinance association. <a href='https://opendevelopmentcambodia.net/news/microcredit-a-double-edged-sword-strategy-for-migration/ ' class='cambodia-color'>...a>
Ten Soksreinith
http://www.voacambodia.com/content/microcredit-a-double-edged-sword-strategy-for-migration/2979173.html
BRI brings a profound impact on Cambodia
The Belt and Road Initiative, the most ambitious and expansive infrastructure connectivity and development project ever conceived, was proposed a decade ago. The initiative connects about 150 countries in asia, Europe, africa and Latin america through a network of infrastructure investments, trade agreements and cultural <a href='https://opendevelopmentcambodia.net/news/bri-brings-a-profound-impact-on-cambodia/ ' class='cambodia-color'>...a>
Khmer Times Staff
https://www.khmertimeskh.com/501339410/bri-brings-a-profound-impact-on-cambodia/
Kingdom probes ACFTA for gains
Cambodia is committed to harnessing the potential of the aSEaN-China Free Trade agreement (aCFTa) to maximise economic benefits and implement structural reforms that promote, encourage and facilitate trade, investment and business. <a href='https://opendevelopmentcambodia.net/news/kingdom-probes-acfta-for-gains/ ' class='cambodia-color'>...a>
Thou Vireak
https://phnompenhpost.com/business/kingdom-probes-acfta-gains
Hun Sen defends free market rice pricing in the Kingdom
Prime Minister Hun Sen yesterday defended the Kingdom’s stance in letting the free market determine the price of rice and blasted critics by saying Cambodia is not a communist country. Fluctuations in the price of rice have some farmers calling on the government to set <a href='https://opendevelopmentcambodia.net/news/hun-sen-defends-free-market-rice-pricing-in-the-kingdom/ ' class='cambodia-color'>...a>
Ben Sokhean
https://www.khmertimeskh.com/50674238/hun-sen-defends-free-market-rice-pricing-in-the-kingdom
Experts Question New Trade Goal with Vietnam
Officials and experts yesterday questioned the likelihood of Cambodia and Vietnam’s proposal to hike bilateral trade by more than US$2.5 billion by 2015. The pledge of $5 billion in total trade, made by Cambodian Prime Minister Hun Sen and his Vietnamese counterpart, Nguyen Tan Dung, last <a href='https://opendevelopmentcambodia.net/news/experts-question-new-trade-goal-with-vietnam/ ' class='cambodia-color'>...a>
Factory Owners Slam Government Over Handling of Strikes
Members of the Garment Manufacturers association of Cambodia (GMaC) said during a conference Sunday that they are “fed up” with the government for not controlling strikes by labor unions. “all of us have the same issue: illegal strikes,” Van Porphin, a member of GMaC’s executive committee, <a href='https://opendevelopmentcambodia.net/news/factory-owners-slam-government-over-handling-of-strikes/ ' class='cambodia-color'>...a>
Colin Meyn and Aun Pheap
http://www.cambodiadaily.com/news/factory-owners-slam-government-over-handling-of-strikes-49352/
Job site seeks to curb dangerous migration
The NGO Open Institute has launched a new online service that aims to help Cambodian unskilled labourers find jobs within the country as part of an effort to discourage worker migration in hopes of reducing human trafficking. <a href='https://Opendevelopmentcambodia.net/news/job-site-seeks-to-curb-dangerous-migration/ ' class='cambodia-color'>...a>
Andrew Nachemson
http://www.phnompenhpost.com/national/job-site-seeks-curb-dangerous-migration
Kingdom leads trademark registration forum
Cambodia has received the full support of members to lead the 20th session of a Working Group on the legal development of the Madrid System for the international registration of trademarks by the World Intellectual Property Organization (WIPO) for 5 days from November 7- 11. <a href='https://opendevelopmentcambodia.net/news/kingdom-leads-trademark-registration-forum/ ' class='cambodia-color'>...a>
Ry Sochan
https://www.phnompenhpost.com/business/kingdom-leads-trademark-registration-forum
More than 2,000 voter registration observers approved by NEC
More than 2,000 national observers have been approved by the National Election Committee (NEC) to observe the 2020 voter list and voter registration process. <a href='https://opendevelopmentcambodia.net/news/more-than-2000-voter-registration-observers-approved-by-nec/ ' class='cambodia-color'>...a>
Ry Sochan
https://www.khmertimeskh.com/50785510/more-than-2000-voter-registration-observers-approved-by-nec/
PM reminds public to update voter registrations, check list
Prime Minister Hun Sen said he will update his voter registration documents ahead of next year’s national election, while also calling on those who had not registered and those who need to update their voter list information to do so as soon as possible. <a href='https://opendevelopmentcambodia.net/news/pm-reminds-public-to-update-voter-registrations-check-list/ ' class='cambodia-color'>...a>
Mom Kunthear
https://www.phnompenhpost.com/national/pm-reminds-public-update-voter-registrations-check-list
Cambodia's Free Trade Union offers minimum wage plan
In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers association in Cambodia (GMaC) to come to the table and discuss a $120-per-month minimum wage. a few days after Cambodian Confederation of Unions <a href='https://opendevelopmentcambodia.net/news/cambodias-Free-trade-union-offers-minimum-wage-plan/ ' class='cambodia-color'>...a>