Local company Rice Natural Development Plc announced a $50 million joint venture with British and Singaporean investors on Tuesday to develop a coastal tourism hub in Preah Sihanouk province. The project, which will be built on 1.8ha, will include a tourist port comprised of 10 <a href='https://opendevelopmentcambodia.net/news/__trashed-3/ ' class='cambodia-color'>...a>

The number of students enrolled in higher educational institutions in the new academic year has decreased compared to previous years, a trend which the education sector largely blames on the Covid-19 crisis. <a href='https://opendevelopmentcambodia.net/news/higher-education-enrolment-shrinks/ ' class='cambodia-color'>...a>

The number of companies registering to become members of the Garment Manufacturing association in Cambodia (GMaC) doubled last year, with more investment in value-added products. GMaC said the number of new members reached 120 last year, compared with 60 newcomers in 2011. “Labour-intensive industries in China <a href='https://opendevelopmentcambodia.net/news/gmac-members-double/ ' class='cambodia-color'>...a>

The latest Better Factories Cambodia report has found that 47 per cent of 381 assessed factories complied with its most important working conditions &ndash; up from 28 per cent in 2014. <a href='https://opendevelopmentcambodia.net/news/cambodias-factories-improving-report-finds/ ' class='cambodia-color'>...a>

Minister of Labour Ith Sam Heng yesterday fingered large end-of-contract severance payments as a prime reason owners flee when their factories go bankrupt, suggesting the introduction of a yearly bonus scheme and fortnightly salaries would “reduce the risk” of garment workers being left in the <a href='https://opendevelopmentcambodia.net/news/government-floats-new-pay-scheme/ ' class='cambodia-color'>...a>

Cambodia, during its chairmanship of aSEaN in 2022, has made every effort to promote a conducive environment for resolving the crisis in Myanmar. <a href='https://opendevelopmentcambodia.net/news/cambodia-reaffirms-stance-to-promote-a-conducive-environment-for-myanmar-crisis-resolution/ ' class='cambodia-color'>...a>

Union leaders and striking workers on Wednesday said they would not agree to a minimum wage of $100 per month and would continue demonstrations until a higher wage is set. Government officials say they are willing to raise the minimum wage from $80 to $100 <a href='https://opendevelopmentcambodia.net/news/striking-workers-refuse-government-offer-in-wage-dispute/ ' class='cambodia-color'>...a>

Both the Ministry of Foreign AffAirs And Prime Minister Hun Sen yesterdAy dismissed concerns from the internAtionAl community And foreign embAssies over the decision to revoke the licence of the Voice of DemocrAcy (VOD) rAdio. <A href='https://opendevelopmentcAmbodiA.net/news/government-dismisses-concerns-over-vod-rAdio-closure/ ' clAss='cAmbodiA-color'>...A>

A lAck of innovAtion hAs contributed to CAmbodiA dropping seven spots on the World Economic Forum’s 2014-15 GlobAl Competitiveness Report (GCR), which wAs releAsed on WednesdAy. The Kingdom rAnked 95th out of 144 countries, down from 88th in the previous report, According to the GCR. ApArt <A href='https://opendevelopmentcAmbodiA.net/news/competitiveness-rAnking-slips/ ' clAss='cAmbodiA-color'>...A>

India-based Tata International Ltd announced yesterday that it would import and distribute its Farmtrac Tractors in Cambodia to profit from the country’s growing agricultural sector. Speaking at the launching ceremony at the Koh Pich exhibition centre, Jitendra Manghinani, country manager of Tata South East asia (Cambodia), <a href='https://opendevelopmentcambodia.net/news/tata-moves-in-on-agriculture/ ' class='cambodia-color'>...a>

Human rights monitoring groups and Cambodian activists are calling for an international boycott of Tate &amp; Lyle and Domino Sugar, who do business with sugar suppliers accused of participating in government-sanctioned land grabs and illegal evictions throughout rural Cambodia. according to the Cambodian League for the <a href='https://opendevelopmentcambodia.net/news/cambodian-activists-call-for-international-sugar-boycott/ ' class='cambodia-color'>...a>

The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year &ndash; a 14 per cent increase compared to the same period last year, a statement released on Saturday said. <a href='https://opendevelopmentcambodia.net/news/cdc-gives-nod-to-3-5b-in-projects/ ' class='cambodia-color'>...a>

Launched last week, the Cambodia-Japanese Business Investment (CJBI) group aims to facilitate a dialogue between the two countries to bolster investment, and to help guide Japanese businesspeople through Cambodia’s often murky investment climate. The Post’s Cheng Sokhorng sat down with Koem Oeurn, CJBI president, to <a href='https://opendevelopmentcambodia.net/news/bringing-japan-fdi-into-focus/ ' class='cambodia-color'>...a>

Siam Cement PCL’s (SCC.TH) third-quarter net profit fell 13% as higher expenses and cost of sales weighed, but the fall in earnings at Thailand’s largest industrial conglomerate by revenue was in line with analysts’ expectations. Despite the profit decline, the conglomerate said before Wednesday’s earnings statement <a href='https://opendevelopmentcambodia.net/news/the-siam-cement-pcl-siam-cement-3q-net-profit-falls-13-but-meets-forecasts/ ' class='cambodia-color'>...a>

The nearly 160 per cent surge in investment capital behind a slew of new large-scale investment projects outside of Cambodia’s special economic zones (SEZ) reported for the first half of 2022 has fanned optimism for a boom in production and exports &ndash; underpinned by favourable <a href='https://opendevelopmentcambodia.net/news/jan-jun-investment-capital-hike-raises-trade-production-hopes/ ' class='cambodia-color'>...a>

International buyers and trade union representatives have been unable to meet with Prime Minister Hun Sen or other government officials, despite a request following deadly worker demonstration crackdowns last month. Major international buyers signed on to a joint letter condemning the violence and urging the government <a href='https://opendevelopmentcambodia.net/news/no-government-meetings-for-international-trade-unions/ ' class='cambodia-color'>...a>

Cheju Halla, a Korean university, plans to build a university of tourism and hospitality in Siem Reap next year, Tourism Minister Thong Khon told reporters yesterday at a meeting with Han Soo Kim, the new South Korean ambassador to Cambodia. The Ministry of Tourism has requested <a href='https://opendevelopmentcambodia.net/news/korean-college-for-siem-reap/ ' class='cambodia-color'>...a>

Microfinance institutions have been asked to conduct loan restructuring on a case-by-case basis for clients who face difficulties in the Siem Reap tourism sector, real estate and other industries. <a href='https://opendevelopmentcambodia.net/news/mfis-to-restructure-tourism-real-estate-loans/ ' class='cambodia-color'>...a>

Minister of Commerce Cham Prasidh yesterday called on the US to allow duty-free entry for Cambodian exports, a benefit the Kingdom already enjoyed with the European Union. The introduction of preferential tax treatment from the US would result in the Kingdom’s share of that country’s <a href='https://opendevelopmentcambodia.net/news/minister-asks-for-export-break/ ' class='cambodia-color'>...a>

Ministries, relevant institutions, National and Military Police, the Phnom Penh Municipality and provincial halls nationwide are to work with the Ministry of agriculture, Forestry and Fisheries to halt the illegal import of pigs and pork products, he said. <a href='https://opendevelopmentcambodia.net/news/hun-sen-orders-block-on-all-illegal-importation-of-pork/ ' class='cambodia-color'>...a>