Ministry of Public Works and Transport has recently decided to establish a Driving License Renewal Center at aEON Mall in the purpose to facilitate faster and more convenient services, bring it closer to public, improve transparency, save time, and minimized the costs related to renewal <a href='https://opendevelopmentcambodia.net/announcements/driving-license-renewal-center-will-be-officially-launched-at-aeon-mall-on-june-15-2016/ ' class='cambodia-color'>...a>

The owners of 170 factories have handed power of attorney to the nation’s factories association ahead of a potential lawsuit directed at the leaders of six union groups. Garment Manufacturers association in Cambodia (GMaC) secretary-general Ken Loo said yesterday that the factories would seek damages related <a href='https://opendevelopmentcambodia.net/news/scores-of-factories-set-to-sue-over-wage-strike/ ' class='cambodia-color'>...a>

Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the association for Rubber Development of Cambodia said Thursday. as the price of natural rubber has paralleled a <a href='https://opendevelopmentcambodia.net/news/rubber-prices-tumble-as-industry-panics/ ' class='cambodia-color'>...a>

Cambodia and South Korea have signed a free trade agreement (FTa), cutting import tariffs by more than 90 percent. Commerce Minister Pan Sorasak inked the deal with South Korean Trade Minister Yeo Han-koo in a virtual ceremony yesterday. <a href='https://opendevelopmentcambodia.net/news/commerce-minister-signs-free-trade-deal-with-s-korea/ ' class='cambodia-color'>...a>

The AssociAtion of BAnks in CAmbodiA (ABC) And the CAmbodiA MicrofinAnce AssociAtion (CMA) hAve expressed support for suggestions the NAtionAl BAnk of CAmbodiA (NBC) hAs given to finAnciAl institutions to reduce the impAct of Covid-19 on the locAl economy. <A href='https://opendevelopmentcAmbodiA.net/news/bAnks-support-nbc-proposAl/ ' clAss='cAmbodiA-color'>...A>

Sri Lanka’s Touchwood Investments PLC has acquired 11,138 hectares of land in Cambodia to set up an agricultural project to plant rubber and other crops. Chairman of the firm, Roscoe a. Maloney, says the acquisition done in the previous financial year is aimed at exploring the <a href='https://opendevelopmentcambodia.net/news/sri-lankas-touchwood-acquires-land-in-cambodia-to-set-up-an-agricultural-project/ ' class='cambodia-color'>...a>

Provincial Ministry of Labour officials will today meet with union representatives and management at the factory where a ceiling collapse killed two workers last May, in an attempt to resolve a strike. about 5,000 employees at Wing Star Shoes, an asics supplier, walked off the job <a href='https://opendevelopmentcambodia.net/news/wing-star-workers-walk-out/ ' class='cambodia-color'>...a>

State-run electricity utility Electricite du Cambodge (EDC) has inaugurated a new substation and 230kV high-voltage transmission line in Tbong Khmum province as part of the government’s efforts to promote electrical-grid stability for the public and industries. <a href='https://opendevelopmentcambodia.net/news/power-grid-upgrades-expand-service-improve-reliability/ ' class='cambodia-color'>...a>

Cambodian rubber exports surged 37 percent during the first half of the year, compared to the same period in 2016, as the Kingdom’s rising harvest capacity coincided with firmer global demand for rubber products. <a href='https://opendevelopmentcambodia.net/news/rubber-exports-bounce-higher/ ' class='cambodia-color'>...a>

Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. <a href='https://opendevelopmentcambodia.net/news/banks-projected-to-grow-at-10-percent-in-2024/ ' class='cambodia-color'>...a>

The Ministry of Labour has ordered management at a Kandal province garment factory to clean their workroom and limit employees’ overtime hours, in response to over 100 workers fainting over two days. During a visit to King First Industrial Co, Ltd’s Kandal location yesterday, Seng Sakada, <a href='https://opendevelopmentcambodia.net/news/factory-ordered-to-clean-act/ ' class='cambodia-color'>...a>

The total value of exports from the garment, footwear and other factories rose 17 percent year on year to $7.1 billion last year, according to a report from Ministry of Industry and Handicraft released yesterday.   <a href='https://opendevelopmentcambodia.net/news/footwear-kicks-in-as-factory-exports-surge-17-percent/ ' class='cambodia-color'>...a>

Cambodia is one of the smallest and poorest economies in aSEaN. It accounts for only 0.7% of total regional economic activity and had the lowest GDP per capita in 2014 (Table 1). Only the Lao PDR has a smaller economy, and the next-poorest countries in <a href='https://opendevelopmentcambodia.net/news/cambodias-place-in-asean/ ' class='cambodia-color'>...a>

Since a crackdown on oversized and illegal trucks began on February 10, the government has checked nearly 100,000 vehicles, taking more than 1,000 off the road and finding 3,000 others in violation of various regulations, according to Transport Ministry spokesman Va Sim Sorya. <a href='https://opendevelopmentcambodia.net/news/truck-ban-not-as-painful-as-feared-shipper-says/ ' class='cambodia-color'>...a>

Revenue generated by the country’s insurance firms increased 25 percent to $22 million in the first six months of this year compared to the same period last year, according to data released Tuesday by the General Insurance association of Cambodia (GIaC). Engineering insurance has become the <a href='https://opendevelopmentcambodia.net/news/insurance-sector-sees-growth-in%e2%80%88first-6-months/ ' class='cambodia-color'>...a>

Thailand will lose its beneficial tax treatment on exports to the European Union next year, and Cambodia’s manufacturing sector could be set to capitalise. Following three consecutive years of upper-middle income status as defined by the World Bank, Thailand will on January 1 lose its Generalised <a href='https://opendevelopmentcambodia.net/news/benefits-there-for-the-taking/ ' class='cambodia-color'>...a>

Small- and medium-sized enterprises (SMEs) need to intensify self-regulatory efforts against corrupt practices to help foster a stronger business environment, NGO Transparency International (TI) Cambodia said yesterday. at a seminar in Phnom Penh, TI Cambodia executive director Preap Kol told business representatives that while government corruption <a href='https://opendevelopmentcambodia.net/news/smes-have-role-in-graft-fight/ ' class='cambodia-color'>...a>

The Ministry of Commerce said Monday that it has granted operating licenses to 1,368 new companies in the first half of this year, down 19 percent compared with the 1,694 firms over the same period last year. <a href='https://opendevelopmentcambodia.net/news/some-1368-new-firms-registered-in-cambodia-in-h1-down-19/ ' class='cambodia-color'>...a>

Two disabled former soldiers convicted of razing the homes and grabbing the land of 30 rice farmers in Kampot province last year denied the charges during their hearing at the appeal Court on Thursday. Touch Soeuly, 57, and 11 other members of his Cambodian Disabled Rescue <a href='https://opendevelopmentcambodia.net/news/at-appeal-court-ex-soldiers-deny-violent-2012-land-grab/ ' class='cambodia-color'>...a>

For the first time in the event’s 37-year history, Cambodia is to host the annual Pacific asian Tourism association Travel Mart (PTM), an annual tourism trade fair organised by the multinational tourism body. So Visothy, director of marketing and information at the Ministry of Tourism, said <a href='https://opendevelopmentcambodia.net/news/capital-to-host-tourism-fair/ ' class='cambodia-color'>...a>