News

Informal MSMEs motivate to integrate into formal economy

Minister of Industry, Science, Technology, and Innovation Hem Vanndy said the government is committed to promoting micro, small and medium enterprises (MSMEs) access to finance and motivating informal SMEs to register into the formal economy. ...

Chea Vanyuth
https://www.khmertimeskh.com/501462328/informal-msmes-motivate-to-integrate-into-formal-economy/

NSSF health coverage for more groups

The National Social Security Fund (NSSF) plans to offer free healthcare to new target groups under a new programme. The first and largest group includes vendors and those who work in related informal jobs, like street vendors. He added the other target groups include digital ...

Tith Kongnov
https://www.khmertimeskh.com/501434860/nssf-health-coverage-for-more-groups/

NSSF: Over 100,000 people register for voluntary contribution scheme

From Nov. 14, 2023 to Jan. 1, 2024, a total of 106,868 people has registered as members of the Voluntary Contribution Health Care Social Security Scheme Fund (Voluntary Contribution Scheme), administered by the Ministry of Labour and Vocational Training. ...

Khmer Times Staff
https://www.khmertimeskh.com/501417707/nssf-over-100000-people-register-for-voluntary-contribution-scheme/

Street Vendors Day calls for support

The Independent Democratic Informal Economy Association abbreviated (IDEA) and OXFAM in Cambodia on November 15 celebrated the 11th International Street Vendors Day, with the aim of promoting labour rights and calling for social protection for street vendors. ...

Chea Sokny
https://www.phnompenhpost.com/national/street-vendors-day-calls-for-support

Warning issued over tax collection from informal vendors

Phnom Penh officials have issued a notice regarding the illegal collection of taxes and fees from informal vendors by crooks, with social analysts calling on the government to hand out severe punishments for those caught doing it. ...

Meas Molika
https://kiripost.com/stories/cambodia-warning-issued-over-tax-collection-from-informal-vendors

Street vendors continue to struggle to survive

While Cambodia’s economy and borders have now been open for two years following the Covid-19 pandemic, many small businesses continue to face financial hardships amid a global economic slowdown. ...

Yatt Malai
https://kiripost.com/stories/cambodia-phnom-penh-street-vendors-struggle-to-survive

National Strategy for Informal Economic Development to achieve three goals at once

The launch of the National Strategy for Informal Economic Development 2023-2028 will achieve three goals at the same time, i.e. alleviating poverty and social inequality, strengthening social and economic resilience, and boosting economic growth. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374642/national-strategy-for-informal-economic-development-to-achieve-three-goals-at-once/

National Strategy for Informal Economic Development to achieve three goals at once

The launch of the National Strategy for Informal Economic Development 2023-2028 will achieve three goals at the same time, i.e. alleviating poverty and social inequality, strengthening social and economic resilience, and boosting economic growth. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374642/national-strategy-for-informal-economic-development-to-achieve-three-goals-at-once/

Social health insurance scheme extended to Tuk-Tuk drivers

The National Social Security Fund (NSSF) is rolling out a pilot of its Social Health Insurance scheme for tuk-tuk drivers in the capital in April as part of a move to extend social security coverage to the nation’s informal workers. ...

Marissa Carruthers
https://kiripost.com/stories/cambodia-social-health-insurance-scheme-extended-to-tuk-tuk-drivers

Cambodia urges initiatives to support SMEs and informal economy

Cambodia Minister of Labour and Vocational Training Ith Samheng has called on more initiatives to improve working conditions for workers in small and medium enterprises and informal economy in ASEAN and ASEAN partner countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501170973/cambodia-urges-initiatives-to-support-smes-and-informal-economy/

Gov’t to intervene informal economy affected by inflation, says PM

The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...

Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/

Impact of Covid-19 on Cambodia’s informal sector

A new book by the Asian Development Bank reveals one in five informal workers in Cambodia lost employment due to the pandemic, with women workers hit harder than men. ...

Bun Tharum
https://kiripost.com/stories/adb-impact-of-covid-19-on-cambodia-informal-sector

93% Cambodia workers in informal sector: ADB

The International Labour Organization (ILO) estimates that as many as 93% of those who are employed in Cambodia are part of the informal economy, while the share in Myanmar and Indonesia, two other Southeast Asian countries, is as high as 85%. ...

Manoj Mathew
https://www.khmertimeskh.com/501076646/93-cambodia-workers-in-informal-sector-adb/

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