The Kingdom’s tourism industry this year will perform much better than the government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues <a href='https://opendevelopmentcambodia.net/news/tourism-stronger-than-predicted/ ' class='cambodia-color'>...a>

Cambodian farmers want to grow more cashews in response to rising prices. But lack of information and resources is holding them back. <a href='https://opendevelopmentcambodia.net/news/farmers-try-to-cash-in-on-cashews/ ' class='cambodia-color'>...a>

A workshop highlighting the outcomes of the “Strengthen SAfe FinAnce in Communities” project wAs held in Phnom Penh yesterdAy, on October 8. It brought together key stAkeholders from CAmbodiA’s bAnking, microfinAnce, And finAnciAl oversight institutions. This initiAtive, designed to promote finAnciAl literAcy And consumer protection, <A href='https://opendevelopmentcAmbodiA.net/news/workshop-celebrAtes-finAnciAl-literAcy-initiAtive/ ' clAss='cAmbodiA-color'>...A>

Energy demand in Southeast asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International atomic Energy association (IaEa) shows. In its “Southeast asia Energy Outlook” published yesterday, the Paris-based IaEa <a href='https://opendevelopmentcambodia.net/news/cambodia-to-feel-an-energy-crunch-but-growth-to-remain-stable-report/ ' class='cambodia-color'>...a>

The head of the apex Cambodia trade body has asked importers operating in the southern Chinese region of Guangxi to take advantage of the Cambodia-China Free Trade agreement (CCFTa) and buy produce made in the Kingdom, particularly items on which concessions have been granted. <a href='https://opendevelopmentcambodia.net/news/china-importers-urged-to-buy-from-cambodia/ ' class='cambodia-color'>...a>

Almost 3,400 new businesses were registered in CAmbodiA in 2012, An increAse of 9 percent on the previous yeAr, According to figures from the Ministry of Commerce. In 2012, the ministry’s business registrAtion depArtment recorded some 3,385 new compAnies, compAred with 3,104 new compAnies in 2011, <A href='https://opendevelopmentcAmbodiA.net/news/lAst-yeAr-sAw-more-new-firms-register/ ' clAss='cAmbodiA-color'>...A>

The Ministry of Labour and Vocational Training says it will monitor the implementation of seniority indemnity payments to all factory employees in line with the new policy which comes into force this month. The ministry is also ready to impose a fine on any factory <a href='https://opendevelopmentcambodia.net/news/ministry-to-monitor-seniority-payments/ ' class='cambodia-color'>...a>

The number of condominiums in Phnom Penh has increased 22 percent to 2,578 units since the beginning of the year, according to data released yesterday by asia Real Estate Cambodia. The firm said that the majority of the new units came from the completion of 10 <a href='https://opendevelopmentcambodia.net/news/number-of-condominiums-grows-in-phnom-penh/ ' class='cambodia-color'>...a>

Cambodia-Republic of Korea (ROK) bilateral trade rose by 4 percent to $659 million in the first ten months of this year, compared to the same period last year. <a href='https://opendevelopmentcambodia.net/news/cambodia-korea-bilateral-trade-worth-659-million-in-first-10-months-of-2022/ ' class='cambodia-color'>...a>

The Cambodian-Chinese merchandise trade totalled $10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 percentage points from the same time in 2021, according to the General Department <a href='https://opendevelopmentcambodia.net/news/china-imports-90-of-bilateral-trade/ ' class='cambodia-color'>...a>

During my three-month internship at ODC as a Research Intern, I worked closely with the Economy Researcher-Editor to assist the editor team in conducting research, producing more topics, collecting publication documents and data for publishing and uploading onto ODC’s platform. <a href='https://opendevelopmentcambodia.net/thanks-for-giving-me-the-best-memories/ ' class='cambodia-color'>...a>

Phnom Penh authorities have ordered 12 newspaper kiosks to leave a major road in the capital, saying they need them to relocate for 12 months for construction but giving them no other place to go. Owners of the kiosks, which are popular in the sale of <a href='https://opendevelopmentcambodia.net/news/city-orders-removal-of-a-dozen-newspaper-stands/ ' class='cambodia-color'>...a>

The international community has been urged to stand by its commitment to support the development of the world’s 48 Least Developed Countries while in Cambodia &ndash; despite its rapid economic growth &ndash; the United Nations warns of environmental risks that could undermine sustainable development.   <a href='https://opendevelopmentcambodia.net/news/un-urges-sustainable-growth/ ' class='cambodia-color'>...a>

CAMBODIA’S opposition hAs rejected the clAim of victory by the ruling pArty of strongmAn Prime Minister Hun Sen in weekend elections, Alleging widespreAd irregulArities. “The CAmbodiA NAtionAl Rescue PArty (CNRP) cAnnot Accept the results of the fifth pArliAmentAry election becAuse the CNRP hAs found A <A href='https://opendevelopmentcAmbodiA.net/news/cAmbodiAn-oppn-rejects-election-result/ ' clAss='cAmbodiA-color'>...A>

On the same day that Prime Minister Hun Sen gave a speech touting salary increases for teachers ahead of next year’s national election, about 20 Cambodian Independent Teachers’ association (CITa) members were blocked from having a peaceful demonstration seeking just that. <a href='https://opendevelopmentcambodia.net/news/teachers-wage-rally-blocked/ ' class='cambodia-color'>...a>

Senior immigration officials from the ten aSEaN member countries gathered here on Monday to discuss ways to further enhance regional cooperation, according to Chinese News agency- Xinhua. <a href='https://opendevelopmentcambodia.net/news/asean-senior-immigration-officials-discuss-cooperation-in-cambodia/ ' class='cambodia-color'>...a>

The Ministry of Labour and Vocational Training issued an announcement on Wednesday indicating that 81 per cent of garment and footwear factories have implemented the government’s new requirement to pay workers’ wages twice a month. <a href='https://opendevelopmentcambodia.net/news/factories-begin-new-wage-plan/ ' class='cambodia-color'>...a>

Despite an expanding financial sector, increasing access to credit and strong economic growth in recent years, fewer than 1 in 20 Cambodians has a bank account, according to a new policy working paper by the World Bank. according to the paper &ndash; released earlier this month <a href='https://opendevelopmentcambodia.net/news/bank-accounts-rare-in-cambodia-even-for-rich/ ' class='cambodia-color'>...a>

U.N. human rights envoy Surya Subedi met with representatives of the country’s businesses and employers Thursday for talks that focused on the protection of workers’ rights and measures that can be taken to ensure that strained industrial relations do not once again erupt into violence. In <a href='https://opendevelopmentcambodia.net/news/un-envoy-meets-employers-over-labor-unrest/ ' class='cambodia-color'>...a>

Palm sugar producers in Kampong Speu province say they are ready to scale up and meet demand as global consumer goods giant Unilever looks to source palm sugar for its products from the Cambodian market. Prak Sereywath, president of the Cambodia Institute for Research and Rural <a href='https://opendevelopmentcambodia.net/news/palm-farmers-eye-a-sweet-deal/ ' class='cambodia-color'>...a>