The Phnom Penh Post

AMAF meeting focuses on resilience and food security

The ASEAN Ministers on Agriculture and Forestry (AMAF) have reached agreements on various documents, encompassing strategic guidance, technical matters and joint communication, reaffirming their commitment to cooperation in matters of food security, agriculture and forestry. ...

Samban Chandara
https://www.phnompenhpost.com/national/amaf-meeting-focuses-resilience-and-food-security

Manet urges UK cooperation on renewable energy, green economy

During his October 4 meeting with British ambassador Dominic Williams, Prime Minister Hun Manet reiterated that Cambodia’s foreign policy – including bilateral relations with the UK – will remain unchanged under his administration. The premier also expressed hope that more Cambodian products will be exported ...

Sok Raksa
https://www.phnompenhpost.com/national/manet-urges-uk-cooperation-renewable-energy-green-economy

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). Concurrently, imports from Australia ...

Hin Pisei
https://phnompenhpost.com/business/cambodia-oz-trade-dips-85

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This projection is in contrast with the Asian Development Bank (ADB), which revised its growth ...

May Kunmakara
https://phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

Manet commits to annual wage increases for workers

While acknowledging that the new minimum wage for factory workers falls short of their expectations, Prime Minister Hun Manet reaffirmed the government’s commitment to providing a yearly increment, however modest. This dedication, he noted, stands in contrast to certain countries that have not granted any ...

Neang Sokunthea
https://phnompenhpost.com/national/manet-commits-annual-wage-increases-workers

Pheaktra, Thai journos to combat ‘fake news’

Minister of Information Neth Pheaktra met with Thai ambassador Cherdkiat Atthakor and a delegation from the Journalists Association of Thailand at the ministry headquarters in Phnom Penh on October 2 to discuss strengthening information cooperation in order to combat misinformation, said a ministry press release. ...

Ry Sochan
https://phnompenhpost.com/national/pheaktra-thai-journos-combat-fake-news

Australia finance NGOs, 49 major community projects

Australia has pledged A$7.9 million ($5 million) to support 26 Australian NGOs in collaboration with Cambodian counterparts, aiming to initiate 49 community projects across all provinces. Australian deputy ambassador Andreas Zurbrugg announced the commitment during the “Australia-Cambodia NGO Consultation 2023”, which saw participation from over 70 ...

Ry Sochan
https://phnompenhpost.com/national/australia-finance-ngos-49-major-community-projects

Electrical exports spark to $2.1B

Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://phnompenhpost.com/business/electrical-exports-spark-21b

Petrol prices decline, diesel remains steady

Retail petrol prices have experienced a slight decrease after reaching their highest levels in a year, with regular gasoline now at 4,550 riel per litre, down from 4,750 riel in the previous 10 days. Diesel prices remain unchanged at 4,850 riel per litre. ...

May Kunmakara
https://www.phnompenhpost.com/business/petrol-prices-decline-diesel-remains-steady

CDC approves investment of $256.56 million, ‘27K new jobs’

The Council for the Development of Cambodia (CDC) approved 26 private ventures in September, totalling an investment of $256.65 million, projected to create 27,262 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-investment-25656-million-27k-new-jobs

AFD boosts MFIs, NBC reports

National Bank of Cambodia (NBC) governor Chea Serey has lauded the French government for its pivotal role in the expansion of the Kingdom’s financial industry, particularly its robust growth in the microfinance sector. ...

May Kunmakara
https://www.phnompenhpost.com/business/afd-boosts-mfis-nbc-reports

Cambodia-Oz trade dips 8.5%

Cambodia’s exports to Australia reached $236.92 million in the first eight months of 2023, marking a six per cent decline from the $252.16 million recorded during the same period last year, according to the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-trade-dips-85

Ministry: Arrivals of foreign tourists soar in ‘23

The Ministry of Tourism reported a surge in foreign tourist arrivals in Cambodia for the first eight months of 2023. Over 3.5 million international visitors were recorded, marking a 250.8 per cent increase compared to the same period last year. A significant 84.7 per cent ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-arrivals-foreign-tourists-soar-23

MRC advances fund for climate-hit residents

The Mekong River Commission (MRC) took an important step towards creating a fund to aid residents most affected by climate change, combined with water infrastructure development, at the 56th meeting of the MRC joint committee in the Laotian capital Vientiane, on September 27. ...

Ry Sochan
https://www.phnompenhpost.com/national/mrc-advances-fund-climate-hit-residents

Employers praise minimum wage negotiations, unions raise concerns

Following the labour ministry’s announcement of a 2024 minimum wage set at $204 per month, the employers’ association has voiced their support, while trade union representatives and civil society organisations (CSOs) expressed their disappointment. ...

Van Socheata
https://www.phnompenhpost.com/national/employers-praise-minimum-wage-negotiations-unions-raise-concerns

US ambassador pledges tighter information links with Kingdom

US ambassador to Cambodia W Patrick Murphy October 2 met for talks with Minister of Information Neth Pheaktra, with both sides committing to strengthen cooperation in the information sector in the interests of both nations. ...

Ry Sochan
https://www.phnompenhpost.com/national/us-ambassador-pledges-tighter-information-links-kingdom

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

Nearly $1B concessional loans disbursed in H1

The government has disbursed $913.8 million concessional loans in the first half of 2023, which is an increase of 11 per cent compared to the same period in 2022, the Ministry of Economy and Finance announced. ...

Hin Pisei
https://www.phnompenhpost.com/business/nearly-1b-concessional-loans-disbursed-h1

Economic crisis sees latex exports fall 10% in first eight months

The global economic crisis has reduced Cambodia’s latex export earnings to $273.4 million in the first eight months of 2023, according to the Ministry of Agriculture, Forestry and Fisheries’ General Department of Rubber (GDR). ...

Hin Pisei
https://www.phnompenhpost.com/business/economic-crisis-sees-latex-exports-fall-10-first-eight-months

ECCC launch resource centre, video campaign set to kick off

The Extraordinary Chambers in the Courts of Cambodia (ECCC), commonly known as the Khmer Rouge tribunal, inaugurated a purpose-built resource centre on September 27. ...

Neang Sokunthea
https://www.phnompenhpost.com/national-kr-tribunal/eccc-launch-resource-centre-video-campaign-set-kick

Minimum wage set at $204, after Sep 28 vote

The minimum wage for factory workers in the garment, footwear and travel goods industries for 2024 has been decided at $204 per month, with the government contributing $2. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/minimum-wage-set-204-after-sep-28-vote

Thavisin touches down in Phnom Penh for first official visit to an ASEAN member state

Thailand’s newly appointed prime minister Srettha Thavisin has arrived in Cambodia for a one-day visit. The trip marks his first visit to an ASEAN country since taking office and aims to enhance bilateral trade and investment. ...

Post Staff
https://www.phnompenhpost.com/national/thavisin-touches-down-phnom-penh-first-official-visit-asean-member-state

Nigerian law enforcement MoU review accelerating

The Ministry of Interior is in the process of reviewing a draft memorandum of understanding (MoU) which focuses on law enforcement cooperation with its Nigerian counterparts. ...

Samban Chandara
https://www.phnompenhpost.com/national/nigerian-law-enforcement-mou-review-accelerating

Prayer ceremony scheduled at Koh Ker site to mark UNESCO addition

A national prayer ceremony is set to take place at the Koh Ker temple complex to mark the recent inscription of the archaeological site in UNESCO’s World Heritage List, according to the National Authority for Preah Vihear (NAPV). ...

Kim Yutharo
https://www.phnompenhpost.com/national/prayer-ceremony-scheduled-koh-ker-site-mark-unesco-addition

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