The Phnom Penh Post

The National Council on Minimum Wage (NCMW) convened for its second tripartite meeting on August 28, aiming to determine a minimum wage for workers in Cambodia. Representatives from trade unions and employers gathered for discussions, though a definite base salary figure remains undecided. ...

Investor protection is a top priority for the Securities and Exchange Regulator of Cambodia (SERC) – the authority in charge of monitoring, supervising and developing the sector in the Kingdom – one the body places the greatest importance. ...

Despite challenging global conditions, Cambodia’s finance sector delivered a reasonable performance in 2022 with a strong balance sheet growth, offset by higher expenses and credit costs. ...

When investing in stocks, investors can expect some of their assets to generate a dividend payment, a sum of money paid by a company to its shareholders out of its profits. Dividends are typically paid annually, but they can also be paid quarterly or monthly. ...

A multitude of international financial institutions and central banks have congratulated and expressed confidence over Chea Serey’s appointment as governor of the National Bank of Cambodia (NBC), acknowledging her expertise and qualification to develop the Kingdom’s banking sector. ...

Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...

The new government led by Hun Manet has appointed Meas Sophorn, former spokesman for the Ministry of Information, as head of the Prime Minister’s Spokesperson Unit to convey Manet’s personal information, communicate with domestic and international media and issue statements. ...

Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties.​ ...

A senior official at the Ministry of Agriculture, Forestry and Fisheries said that with a significant increase in coffee consumption in Cambodia, the ministry supports the expansion of robusta coffee bean cultivation, noting that it remains limited. ...

A senior official at the Council for the Development of Cambodia (CDC) urged local investors to consider investing in sustainable timber wood to supply wood for the furniture-making sector which has a “huge growth potential”. ...

On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. ...

The ASEAN East Asian Economic Ministers’ Meeting has warned of the threat posed by geopolitical conflicts, noting that they have the potential to hindering the benefits brought about by globalisation. ...

On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. Former Prime Minister Hun Sen acknowledged this in a post to his official Telegram channel, highlighting the synchronicity of two constitutional monarchies ushering in new leadership on the same day. ...

Cambodia’s new foreign minister Sok Chenda Sophea, who is former secretary-general of the Council for the Development of Cambodia (CDC), pledges to complete the implementation of reforms introduced by his predecessor Prak Sokhonn. ...

In 2024, new social assistance initiatives are set to launch, following the completion of several existing programmes under the National Social Assistance Fund (NSAF). ...

ASEAN Secretary-General Kao Kim Hourn expressed optimism with the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement in a transparent manner, as businesses in the region have wider opportunities to trade and invest now. ...

In a recent book launch at CamTech University in Phnom Penh, former commerce minister Pan Sorasak hailed the release of RCEP: Part 1: Geo-Political, Geo-Economic and Legal Analysis. ...

Cambodia is optimistic of an increase in direct investment or joint ventures with Chinese investors following a successful visit by a delegation of entrepreneurs from Fujian province who specialise in sectors such as mining, energy, manufacturing, tourism, accommodation, and heating and air conditioning. ...

A large number of cattle raisers have complained that cow prices have fallen and not many traders have been buying cows for more than a month. A local livestock raising association has suggested that falling prices may be due to an increase in meat imports ...

Around 100 tourism operators, as well as provincial leaders and officials, gathered in Siem Reap recently to strategise attracting more international tourists, as the provincial airport’s mid-October opening approaches. ...

Bilateral trade between Cambodia and China is expected to grow with the interest shown by traders and investors during the Cambodia-Hong Kong exhibition in Phnom Penh, which featured over 40 companies. ...

Red corn prices in Battambang province during the ongoing 2023 harvest season have shown a slight increase compared to the corresponding period last year. However, weather conditions have marginally impacted the quality of red corn kernels this year. ...

Cambodia netted $164.7 million from exports to South Korea in the first seven months of 2023, an increase of 21.6 per cent compared to $135.5 million in the same period in 2022, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...