With the arrival of a new calendar year, workers in textile, garment, footwear, and travel goods factories are set to enjoy a new minimum monthly salary of $204. The new figure is $4 higher than the 2023 wage. ...

A new monthly minimum wage for workers in Cambodia’s garment, textile, footwear, and travel products industry for 2024 has come into force, Prime Minister Hun Manet said on Tuesday. ...

Members of the US Senate Appropriations Committee, Senator Tammy Baldwin of the Democratic Party from Wisconsin state, and Senator Jerry Moran of the Republican Party from Kansas state, have submitted a bipartisan bill that allocates funding for clearing landmines and other unexploded ordnances left over ...

The Minister of Posts and Telecommunications Chea Vandeth requested a Japanese association to open a digital technology training school in Cambodia for highly skilled Cambodians to work in Japan and participate in national development. ...

The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...

Prime Minister Hun Manet has designated the Prey Lang Wildlife Sanctuary as a “red zone”, meaning he will not allow new any mining licences to be issued for the area, and would not allow the expansion of existing operations. ...

Cambodia’s exports topped $20.49 billion in the January-November period of this year, inched up by 1.2 percent compared to the same period last year, a General Department of Customs and Excise report said on Monday. ...

More than 3.2 million people in Cambodia, including 1.5 million children, have been given access to clean water, inclusive education, improved nutrition and accessible health care services, according to World Vision International in Cambodia’s annual report. ...

An Insurance Regulator of Cambodia (IRC) report showed on Monday that Cambodia’s Insurance industry recorded a gross premium of $150 million in the first five months of 2024, up 1.2 percent from $148.1 million over the same period in 2023. ...

Foreign direct investment (FDI) from the Republic of Korea ranks second in the Kingdom, where over 40 percent of its total capital went into banking and financial sectors, said Park Jung-Wook, Korean Ambassador to Cambodia. ...

With 24 more projects getting the approval for incentives under the ‘Special Investment Promotion Programme for Preah Sihanouk Province’ initiated by Prime Minister Hun Manet in January this year, the total number of projects under the scheme rose to 85. ...

On 8 August 2024, the Open Development Cambodia Organization (ODC) hosted a full-day multi-stakeholder dialogue on environmental, social, and governance (ESG) reporting in Cambodia at the Himawari Hotel in Phnom Penh. The event attracted 75 participants, including 29 women, from diverse backgrounds and institutions. Attendees ...

The Cambodian economy is demonstrating signs of an overall rebound in 2024, spurred by improving liquidity and improving export demand, says a recently released report, titled ‘Economic Snapshot and Outlook 2024’ by investment advisory firm, Mekong Strategic Capital (MSC). ...

Cambodia attracted 391 fixed-asset investments worth $7.5 billion in the first year of the 7th Mandate of the new government with China topping the list of sources, a report from the Council for the Development of Cambodia (CDC) showed yesterday. ...

The government has shared several of the ways it is actively promoting the Kingdom’s potential for foreign investment and working to boost exports to international markets, as domestic production capacity continues to grow. ...

Cambodia exported goods worth approximately $19.8 billion during the first three quarters of 2024, up 17 percent from $16.9 billion recorded in the same period last year, a report from the General Department of Customs and Excise of Cambodia showed on Thursday. ...

Cambodia earned $37.19 million from Angkor Archaeological Park ticket sales last year, which is a 222-percent increase compared to the year before, the state-owned Angkor Enterprise report showed on Monday. ...

The Kingdom of Cambodia and the Czech Republic have agreed to further boost their cooperation in trade and investment as well as to have more exchanges of high-level visits between the two countries. ...

Cambodia attracted 498,250 Chinese visitors during the first 11 months of 2023, said a report from the Ministry of Tourism released on Monday. ...

The government instructed sub-national level administrations to take over the management and payment of salaries in the educational sector from January 2024. ...