Final Wage Offer for Garment Workers Is $75
The Garment Manufacturers Association in Cambodia (GMAC) informed the government yesterday that their final offer in minimum wage negotiations with the country’s unions is $75 per month, $25 less than the unions had wanted. The $75 dollar figure, however, includes a $5 state-mandated health bonus, paid ...
Henan in lead for airport expressway
In a letter to Prime Minister Hun Sen, government ministers have recommended a Chinese-owned company take the reins of the multi-million dollar Phnom Penh airport expressway, amid ongoing frustrations from residents who may be impacted by the development. ...
Pech Sotheary
http://www.phnompenhpost.com/national/henan-lead-airport-expressway
ERIA to boost cooperation with Cambodia
The Economic Research Institute for ASEAN and East Asia (ERIA) has pledged to continue strengthening and expanding its cooperation with the Royal Government of Cambodia (RGC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501516460/eria-to-boost-cooperation-with-cambodia/
Fund to fuel digital startups
Cambodian mobile operator Smart Axiata launched a $5 million venture capital fund yesterday that will seek to identify, fund and nurture local digital services companies and startups. ...
Hor Kimsay
http://www.phnompenhpost.com/business/fund-fuel-digital-startups
Calls for students to master tech skills
Recent high school graduates are being encouraged to study digital technology-related subjects at university to fill the skills gap and help develop the country. ...
Thai Sothea
https://kiripost.com/stories/calls-for-students-to-master-tech-skills
Training Workshop on the Fundamental QGIS
On 01 August 2022, the Open Development Cambodia (ODC) issued an announcement on the Training Workshop on the Fundamental QGIS.Open Development Cambodia (ODC) is delighted to announce the training workshop on the Fundamental QGIS that held on 1st-2nd August 2022. This training workshop aims to ...
Open Development Cambodia
Over 19,300 businesses registered with MEF portal
More than 19,300 businesses with $5.51 billion in investment capital have been registered with the government’s single platform – Online Business Registration System – till November. ...
Chea Vanyuth
https://www.khmertimeskh.com/501189424/over-19300-businesses-registered-with-mef-portal/
Young scientist programme helps promote agri-tech, innovation
Nearly 30 young scientists and entrepreneurs from lower Mekong countries such as Cambodia, Laos, Myanmar and Vietnam, have gathered at the 2022 Young Scientist Programme to develop solutions on STEAM education and workforce innovation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501114683/young-scientist-programme-helps-promote-agri-tech-innovation/
Starlink paves way for smart farming in Kingdom
In a move set to revolutionise Cambodian agriculture, entrepreneur Chan Dara has become a pioneer, bringing Starlink’s high-speed internet to the Kingdom. ...
Hong Raksmey
https://www.phnompenhpost.com/national/starlink-paves-way-smart-farming-kingdom
Climate-smart agricultural techniques have significantly increased the annual crop profits of targeted farmers
Climate-smart agricultural techniques have significantly increased the annual crop profits of targeted farmers from $1401 to $2234 over the five-year implementation of the Systems Approach to Transformative Economic Empowerment and Resilience project. ...
Khmer Times Staff
https://www.khmertimeskh.com/501479169/climate-smart-agricultural-techniques-have-significantly-increased-the-annual-crop-profits-of-targeted-farmers/
NBC, CRF offer rice loan support
In an effort to help small and medium-sized rice millers and exporters that are presently unable to provide suitable collateral to qualify for the government’s emergency $27 million rice loan, the National Bank of Cambodia (NBC) has joined with the Cambodia Rice Federation (CRF) to ...
May Kunmakara
http://www.khmertimeskh.com/news/31307/nbc--crf-offer-rice-loan-support/
MoU between three institutions to reinforce agriculture and environment
The Royal Academy of Cambodia (RAC), the National University of Management (NUM) and the Prek Leap National Institute of Agriculture (PLNIA) signed a memorandum of understanding yesterday in a bid to reinforce research and development of agriculture and environment. ...
Central bank sets interest rate ceiling, sparking fears
The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/central-bank-sets-interest-rate-ceiling-sparking-fears-126483/
Schools to offer career guidance
As part of ongoing education reforms, a new curriculum set to be implemented in 2018 will address the lack of career counselling in high schools across Cambodia, a Ministry of Education official told attendees of an education forum yesterday. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/schools-offer-career-guidance
Export figures up 42% in 2011
Strong growth in garment, textile, and agricultural exports drove a 42.7 per cent increase in Cambodia’s total exports for 2011, official Ministry of Commerce data shows. The Kingdom exported $4.98 billion in goods last year, compared with $3.49 billion the year before. Market diversification and a relaxing ...
South China Sea Will Not Surface at Asean
Cambodia, in its role as Asean chair, has decided that the thorny issue of the South China Sea will not be on the agenda at next month’s Asean Summit in Phnom Penh, CPP lawmaker Cheam Yeap announced yesterday. “Cambodia is a neutral country, and based on ...
Cambodia worst in region for rule of law: report
Cambodia ranked 112 out of 113 countries surveyed globally and dead last in the East Asia and Pacific region when it comes to the perceived rule of law, a new report released today states. ...
Cristina Maza
http://www.phnompenhpost.com/national/cambodia-worst-region-rule-law-report
Officials say Cambodia's price rises manageable
Cambodia’s inflation rose by 5.49 per cent year-on-year in the first quarter of the year, due to increases in food and fuel prices, according to the monthly data from the National Institute of Statistics compiled by the Post. However, economists and government officials said they were ...
Value chain in decline: WTO
Cambodia is one of only two economies worldwide to have declined in global value chain (GVC) participation since 1995, according to the World Trade Organization’s latest study. The WTO’s World Trade Report 2014, released Monday, shows Cambodia’s overall percentage of GVC participation – one country’s contribution ...
Eddie Morton
http://phnompenhpost.com/business/value-chain-decline-wto
Officials ignore call for special small and medium enterprises bank
Cambodian officials have refused to establish a specialised bank for small and medium enterprises (SMEs) despite experts saying the sector needs aid in order to compete efficiently with ASEAN economic integration in 2015. Hang Chounnaron, secretary of the Ministry of Economy and Finance said Cambodia would ...