The third round of negotiation between Cambodia’s garment and footwear manufacturers and representatives of trade unions on minimum wage increase ended without result on Monday. The talk between the employers represented by Nang Sothy, co- chair of the Government-Private Working Group on Industrial Relations, and Ken ...

Cambodia’s Foreign Minister Hor Namhong will attend ASEAN meetings next week in Nay Pyi Taw of Myanmar, according to a statement issued Friday by Ministry of Foreign Affairs and International Cooperation. The statement said the meetings to be held from 8 to 10 August, 2014 include ...

The government’s tax collection body has extended the fringe benefit tax exemption to several new industries, removing the 20-percent tax that employers were previously required to pay on the benefits they offered to their workers. ...

The National Bank of Cambodia held a seminar on the state of the economy in the first half of the fiscal year on Saturday, forecasting 7.1 per cent GDP growth for the rest of the year. ...

The General Department of Identification issued some 2.8 million identification cards between January and October as part of an effort to bring a new generation of cards to some 10.9 million Cambodians by 2017. ...

Growth in the general insurance sector was up 20 per cent for the first six months of the year, as the Kingdom continues to experience high growth and foreign firms pour money into the nascent industry, according to the president of the Insurance Association of ...

Countless rape victims, many of them children, have been failed by widespread flaws in Cambodia’s justice system, which have led to a “disturbingly low” number of convictions, a new study by the rights group Licadho has found.In its report, Getting Away With It: The Treatment ...

On 13 October 2021, the Asian Vision Institute issued a press release on cooperation between the General Secretariat of the National Assembly of the Kingdom of Cambodia and the Asian Vision Institute.The signing of the MoU between the two institutions aims to establish and enhance ...

Two industry bodies have teamed up to reinforce cooperation between the agricultural and microfinance sectors, and enhance access to financial literacy education and services for agriculture as a path to improved productivity, production and further development. ...

The banking system has demonstrated its robustness through high levels of liquidity and capital, and will remain sound and resilient while playing a crucial role in supporting economic activities, despite recent global turbulence, according to the National Bank of Cambodia (NBC). ...

The bottom line from the Food and Agriculture Organization’s 2015 assessment of global forest resources: The state of the world’s forests is better than it was.The U.N. agency released the report this week ahead of the 14th World Forestry Congress in Durban, South Africa. ...

Cambodia Mine Action Authority (CMAA) has declared Kampong Speu a landmine-free province on October 30 with a celebration marked by the inauguration of an administrative building by Prime Minister Hun Manet. ...

Cambodians can now invest in gold through one of the Kingdom’s Malaysian-owned banks, CIMB. The investment product has been met with mixed reviews from experts, but could tap a popular and traditional means of investment. CIMB’s Gold Deposit Account would give customers a gold-backed investment option without ...

Each year, more than 1,000 tonnes of counterfeit products are discovered and seized by officials of the General Department of Consumer Protection, Competition and Fraud Repression (CCF). The counterfeit products are usually consumer goods, including food and beverage products that can affect the health of ...

The projection of National Bank of Cambodia (NBC) on the country’s economic growth this year is slightly lower than that of the Asian Development Bank (ADB), according to the State News Agency-AKP.   ...

The Ministry of Economy and Finance on February 14 allocated $100 million to two state-owned banks to provide additional support to small- and medium-sized enterprises (SME), and the agriculture and agro-industry sectors.   ...

Logistics firms saw a new level of diversity in Cambodian exports, a trend that would protect the economy from external shock, several shipping companies said. The Kingdom is on the right track to diversify and increase the export of agricultural products, while decreasing its reliance on ...

On 27th December 2018, Japanese government has agreed to provide USD 692,522 in total for two Japanese organizations under the Grant Assistance for Japanese NGO Projects: USD 396,033 for Heart of Gold to implement “Project on Developing 4-year University of Physical Education Course at National ...

Cambodia was recorded as the third largest recipient of Vietnamese investment during the first quarter of this year, according to a report released by the Foreign Investment Agency under the Ministry of Planning and Investment in Vietnam.​ ...

The Malaysian founder of Phnom Penh’s only licensed casino, Chen Lip Keong, is now a billionaire after seeing his fortune multiply in size in recent years, according to Forbes magazine. The magazine, which calculates the wealth of individuals using company data, published a list of the ...