Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...

The Securities and Exchange Commission of Cambodia (SECC) confirmed Friday that three more companies will list on the securities market by the end of this year. They are: Phnom Penh Special Economic Zone, Phnom Penh Autonomous Port and Taiwanese-owned TY Fashion(Cambodia) Ltd. ...

Anti-economic Crime Police officials on Friday arrested a stock manager working for the Phuong Heng Company in Phnom Penh for his alleged involvement in the storage of illegal goods. ...

Employees of Caltex petrol stations in Phnom Penh are returning to work today after management offered to raise salaries by $20 a month and not withhold pay for time missed during the strike, which started earlier this month. ...

There are now more than 1 million estimated Cambodian migrant workers in Thailand. This could be a threat to Cambodia’s economy and politics in the future, an analyst says. ...

The Garment Manufacturer’s Association in Cambodia (GMAC) signed a $3.5 million loan agreement with French international development agency Agence Francaise de Development (AFD) yesterday to build Cambodia’s first garment sector training school. The school will train Cambodia’s unskilled garment workers and other Cambodians who wish to ...

On May 10, Hem Vanndy, Minister of Industry, Science, Technology & Innovation (MISTI), received representatives from Hainan Litree Purifying Technology Co., Ltd. and discussed the company’s interest in expanding its investment in Cambodia’s clean water sector. ...

The World Bank yesterday raised Cambodia’s gross domestic product outlook for 2012 by 0.1 percent to 6.6 percent, saying that last year’s flooding and the global economic slowdown did not affect Cambodia’s economy as much as first expected. According to the World Bank’s East Asia and ...

Economic ministers from the 16 participating countries of the Regional Comprehensive Economic Partnership (RCEP) have reiterated their commitment to conclude negotiations by the end of 2015. The ministers reaffirmed they are committed to ending the RCEP negotiations in line with the vision endorsed by their state ...

Cambodia has retained its B credit rating despite ratings company Standard & Poor’s citing the country’s ongoing political standoff as a “major” constraint. S&P affirmed Cambodia’s B/B credit rating last week, labeling the country as having a strong and stable long-term and short-term outlook. Engagement of international ...

The Ministry of Commerce’s Consumer Protection and Fraud Repression Department (CPFR) seized and destroyed 97 tonnes of counterfeit, damaged or altered goods, containing banned or expired ingredients in the first six months of 2021. ...

Government officials, economists and businesses discussed the implementation of a draft program to invigorate vegetable farming in the Kingdom and cut imports from neighbouring countries in half by 2018.   ...

The Ministry of Economy and Finance (MEF) last month signed a prakas, a ministerial decision, to ensure tax agents’ professionalism, an insider told the Post yesterday. After the full implementation of Prakas 455, signed on April 12, agents have to pay one million riel to ...

The National Election Committee (NEC) was hailed by the government on Tuesday for saying that there would be 45,000 observers for the July 29 national elections. Council of Ministers spokesman Phay Siphan said that the large number of registered election observers would dispel criticism and ...

The US “pivot to Asia,” which will be punctuated next week with the Cambodian visit of US President Barack Obama, will likely put Cambodia in a tough spot in the region, caught between the renewed focus of the United States and the increased influence of ...

More than $11 million in carbon credits from Cambodian forests have been sold since 2016, the Ministry of Environment announced at its annual year-end conference. The carbon credits were exchanged under the Reducing Emissions from Deforestation and Degradation (Redd+) framework, which allows forested developing countries to ...

Amid fears of a potential reprise of anti-opposition violence that flared in October, a US Embassy spokesman yesterday called on the government “to ensure that no one is threatened, punished, or harmed in Cambodia” if a planned anti-Hun Sen rally takes place as scheduled next ...

Prime Minister Hun Manet is praising the increasingly successful resolution of labour disputes. ...

Cambodian and Vietnamese foreign ministers are to meet on Feb 10-11 to boost the economic, cultural, scientific and technological cooperation between the two countries, according to a statement of the Ministry of the Foreign Affairs and International Cooperation. ...

Thirty schools in Siem Reap, Battambang and Kampong Thom will participate in a two-year pilot project to host vegetable gardens to improve nutrition and teach students life skills, starting in December, the UN Food and Agriculture Organisation said on Friday. ...