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Senate passes draft law on Gov’t Securities

The Senate on December 21 approved on the Draft Law on Government Securities which allows the government to prepare bonds to issue in the capital market to collect funds from the public for the country’s development. ...

May Kunmakara
https://www.phnompenhpost.com/business/senate-passes-draft-law-govt-securities

20K jobs await returning migrants

The Ministry of Labour and Vocational Training has announced that it will provide 20,000 jobs in the domestic market to migrant workers who have returned from Thailand.   ...

Mom Kunthear
https://www.phnompenhpost.com/national/20k-jobs-await-returning-migrants

Kingdom’s bicycle exports top $500M

Cambodia exported bicycles worth approximately $527 million to international markets last year, up 27 percent from 2019. This establishes Cambodia as the No1 country in ASEAN and No5 globally for bicycle exports, according to data from the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-bicycle-exports-top-500m

CLV PMs talk trade, investment

Cambodia, Laos and Vietnam (CLV) on March 10 reaffirmed their commitment to boost border trade and investment with a specific focus on the construction of border markets and to improve customs clearance procedures. ...

Thou Vireak
https://www.phnompenhpost.com/business/clv-pms-talk-trade-investment

Ministry to launch new jobsite to boost employment

The Ministry of Labour will launch a new job website – WORKNET – on employment services and labour market information in Cambodia on April 8, to help Cambodians find jobs during the pandemic. ...

Sen David
https://www.khmertimeskh.com/50829112/ministry-to-launch-new-jobsite-to-boost-employment/

Gov’t plans non-garment industrial export expansion

The government plans to boost non-garment manufacturing exports this year on the back of strong market demand as the availability of viable Covid-19 vaccines jumpstarts a global economy hungry for recovery. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-plans-non-garment-industrial-export-expansion

US top Cambodian export destination Jan-June

The US market topped export destinations for Cambodian products during the first six months of 2021 as the two countries confirmed their commitment to continue strengthening bilateral cooperation, especially in the field of trade. ...

Chea Vanyuth
https://www.khmertimeskh.com/50897620/us-top-cambodian-export-destination-jan-june/

SERC joins forces with World Bank, ADB on financial sector

The Securities and Exchange Regulator of Cambodia (SERC) is joining forces with international multilateral development banks to scale up sustainable finance in the Kingdom’s securities market, and to coordinate training and capacity building initiatives, according to SERC director-general Sou Socheat. ...

Hin Pisei
https://www.phnompenhpost.com/business/serc-joins-forces-world-bank-adb-financial-sector

Four firms pushing to fatten pig imports to meet demand

Four live pig importers submitted a joint letter to the ministries of Economy and Finance, and Commerce requesting a tender in principle to bring in hogs from abroad to better cover domestic market demand. ...

Thou Vireak
https://www.phnompenhpost.com/business/four-firms-pushing-fatten-pig-imports-meet-demand

Agricultural exports up 46 percent in first nine months

Some 3,894,485 tonnes of agricultural products, besides milled rice and paddy rice, have been exported to foreign markets during the first nine months of this year, despite the global COVID-19 crisis. ...

Khmer Times Staff
https://www.khmertimeskh.com/50945748/agricultural-exports-up-46-percent-in-first-nine-months/

Cambodia’s agricultural exports up over 47 percent in first 10 months

Some 4,221,153 tonnes of agricultural products, besides milled rice and paddy rice, have been exported to foreign markets during the first ten months of this year, despite the global COVID-19 crisis. ...

Khmer Times Staff
https://www.khmertimeskh.com/50963305/cambodias-agricultural-exports-up-over-47-percent-in-first-10-months/

Association set to drive bird’s nest ecosystem

The Khmer Swiftlet Association (“KSA”) has been recognised by the government as an official platform to support development of the local edible bird’s nest ecosystem, and bolster exports of the woefully untapped commodity, with particular consideration to the Chinese market. ...

Hin Pisei
https://www.phnompenhpost.com/business/association-set-drive-birds-nest-ecosystem

Tina unveils plans for ‘luxury’ produce

The Ministry of Agriculture, Forestry and Fisheries is promoting key production chains to boost exports of high-quality produce to international markets, according to minister Dith Tina. ...

Sem Pisei and Orm Bunthoeurn
https://www.phnompenhpost.com/national/tina-unveils-plans-luxury-produce

GFT minimum wage hike focuses on sustainability

The government has confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods (GFT) sector, adhering to the sustainability of the sector and competitiveness in the market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501352116/gft-minimum-wage-hike-focuses-on-sustainability/

GFT minimum wage hike focuses on sustainability

The government has confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods (GFT) sector, adhering to the sustainability of the sector and competitiveness in the market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501352116/gft-minimum-wage-hike-focuses-on-sustainability/

Inflation to peak this year before showing signs of decline

The International Monetary fund has predicted inflation in Cambodia will peak this year due to global pressures, weakened export orders, and a slowing real estate market, before falling from 2023 onwards. ...

Prak Chan Thul
https://kiripost.com/stories/inflation-to-peak-this-year-before-showing-signs-of-decline

Chinese-owned Kratie tyre plant gets CDC’s nod

Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...

May Kunmakara
https://www.phnompenhpost.com/business/chinese-owned-kratie-tyre-plant-gets-cdcs-nod

Cambodia planning $100M in bond issue

The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue

Electrical exports bolster economy in 2023, up 50%

Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...

Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-

Coffee beans are on the boil

Coffee plantations in Cambodia’s northeast are struggling to keep up with rising international demand for the increasingly lucrative beans, farmers and traders said. Orders for Cambodian-grown coffee beans from countries such as Japan and Korea as well as domestic demand has increased rapidly, while prices have ...

http://www.phnompenhpost.com/index.php/2011072950714/Business/coffee-beans-are-on-the-boil.html

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