New garment sector investments exceeding $8mn approved by CDC
The Garment Manufacturers Association in Cambodia (GMAC) is welcoming new investments in one of the Kingdom’s pillar industries as new variants and outbreaks lead to a string of downgrades in economic projections. ...
Husain Haider
https://www.khmertimeskh.com/50908192/new-garment-sector-investments-exceeding-8mn-approved-by-cdc/
KE, AmCham join forces on SME ecosystem
The government-funded Khmer Enterprise (KE) and the American Chamber of Commerce in Cambodia (AmCham) have forged a partnership that will centre on building and promoting a sustainable and workable ecosystem for small- and medium-sized enterprises (SME) and entrepreneurs in the Kingdom. ...
May Kunmakara
https://www.phnompenhpost.com/business/ke-amcham-join-forces-sme-ecosystem
Government asks Australia for financial support for ECCC
Minister of the council of Ministers Bin Chhin has requested that Australia provide funding to the national side of the Extraordinary Chambers in the Court of Cambodia (ECCC). ...
Yin Soeum
https://www.khmertimeskh.com/50953481/government-asks-australia-for-financial-support-for-eccc/
Tax breaks to be extended beyond reopening
The government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-breaks-be-extended-beyond-reopening
Indonesian Embassy in Phnom Penh explores agricultural cooperation with Battambang province
The Indonesian Chargé d’affaires In Phnom Penh Lauti Nia Astri and the Economic Section have visited Battambang ProvInce to collect economic Intelligence data and explore opportunities and economic cooperation, especially In food security. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353280/indonesian-embassy-in-phnom-penh-explores-agricultural-cooperation-with-battambang-province/
Employers praise minimum wage negotiations, unions raise concerns
Following the labour ministry’s announcement of a 2024 minimum wage set at $204 per month, the employers’ association has voiced their support, while trade union representatives and civil society organisations (CSOs) expressed their disappointment. ...
Van Socheata
https://www.phnompenhpost.com/national/employers-praise-minimum-wage-negotiations-unions-raise-concerns
UN’s Guterres praises Cambodia's strategy alignment
UN secretary-general Antonio Guterres praised the Pentagonal Strategy introduced by the Cambodian government for being consistent with the UN’s Sustainable Development Goals (SDGs). ...
Orm Bunthoeurn
http://phnompenhpost.com/national/uns-guterres-praises-cambodias-strategy-alignment
2027 extension for ‘Better Factories’ inspection regime
The government and the US-based International Labour Organisation (ILO) have agreed to contInue their cooperation and renew their MOU that will extend the “Better Factories Cambodia” (BFC) 2023-2027 programme. ...
Lay Samean
https://www.phnompenhpost.com/national/2027-extension-better-factories-inspection-regime
Social accountability page presented at the ISAF II learning forum
Open Development Cambodia (ODC) was honored to present our profile page on social accountability to clarify its use and function in the National Learning Forum on the Implementation of the Social Accountability Framework (I-SAF) Phase II on 19 and 20 December 2022 in Siem Reap ...
Cambodia’s electronic payment amount among highest in world
The amount of payments made via electronic system in Cambodia reached nearly 1,000 percent of the country’s Gross Domestic Product (GDP) in 2022, said a senior official of National Bank of Cambodia (NBC). ...
Kang Sothear
https://www.khmertimeskh.com/501319532/cambodias-electronic-payment-amount-among-highest-in-world/
Report records rate of journalist harassment in Cambodia
The Journalism Situation in Cambodia Report reveals there were nine cases of harassment recorded against journalists between July and September, including intimidation in the run-up to the elections. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-report-records-rate-of-journalist-harassment-in-cambodia
Sihanoukville investors seeking ‘special benefits’ can apply now
Business people and investors who wish to receive ‘special benefits’ as part of the newly launched special programme to promote investments in Preah Sihanouk Province can file their applications now before the Preah Sihanouk investment Promotion Working Group, according to a statement issued by the ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501437050/sihanoukville-investors-seeking-special-benefits-can-apply-now/
Multimillion dollar investments approved in Sihanoukville
Two projects in Sihanoukville with an investment of nearly $600 million have received incentives from the Council for the Development of Cambodia and are estimated to have a positive impact on the economy of Sihanoukville. ...
Meas Molika
https://kiripost.com/stories/multimillion-dollar-investments-approved-in-sihanoukville
Gov’t pledges to cut red tape
In a bid to make Cambodia more busIness-friendly, the government will cut back on red tape and reduce Industry membership costs, Sun Chanthol, the new mInister of commerce, said yesterday. SpeakIng to representatives from the private sector at a conference at the InterContInental Hotel In Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/gov%E2%80%99t-pledges-cut-red-tape
Dry season rice crop jeopardized
The Center for Study and Development of Agriculture (Cedac) is calling on the government and microfinance firms to issue low-interest loans for flood-stricken farmers in order to save this year’s dry season rice harvest. Floods have destroyed 10 percent of the rainy season rice crop and ...
Cintri in contract negotiations with all Phnom Penh districts
Phnom Penh’s beleaguered trash-collection company, Cintri, is in the process of creating new contracts with each of the city’s 12 districts, an official from the firm said on Thursday. ...
Sek Odom and Anthony Jensen
https://www.cambodiadaily.com/news/cintri-in-contract-negotiations-with-all-phnom-penh-districts-100982/
City to co-operate in all fields with Cambodia
HCM City plans further cooperation with Cambodia in all areas, including trade, healthcare, agriculture, and education and training, according to Le Hoang Quan, chairman of the city’s People’s Committee. The project to build the Cho Ray – Phnom Penh Hospital, with a capacity of 500 ...
Firm Given Rights to All ELC Timber in Ratanakkiri
The Ministry of Agriculture has signed a deal with Try Pheap Import Export to give the firm the right to purchase all timber felled in economic land concessions (ELCs) in Ratanakkiri province, according to a letter sent from the Agriculture Ministry to the Forestry Administration ...
http://www.cambodiadaily.com/news/firm-given-rights-to-all-elc-timber-in-ratanakkiri-22788/
All quiet in Siem Reap for houses and land
Although Siem Reap is known as the land of smiles, the growth of the culture, civilization and power, the real estate sector in the province for the first six months of 2013 has not increased a great deal. The buying or selling of properties in Siem ...
http://www.phnompenhpost.com/real-estate/all-quiet-siem-reap-houses-and-land
UN, Gov’t move to end violence against women
The United Nations and the Cambodian Ministry of Women’s Affairs will organize four major events across the country to raise awareness of the need to end violence against women and girls, according to a UN Women’s statement on Wednesday. ...
Xinhua team
http://www.khmertimeskh.com/news/18114/un--gov---t-move-to-end-violence-against-women/