News

Government set to slash holidays

The private sector has welcomed the government’s move to reduce the number of public holidays in the in the Kingdom – known for having the most public holidays in the world – by seven days. However, the government had just added the “Day of Remembrance” ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/government-set-slash-holidays

Airport committee set to suspend land deals

The committee on the new Phnom Penh international airport project development said on Thursday that it will temporarily suspend land business in sensitive areas that could hinder the new airport’s development project. Real estate sector insiders said the move will help solve the issues easily ...

Hin Pisei
https://www.phnompenhpost.com/business/airport-committee-set-suspend-land-deals

Kingdom in talent ranking rise

Cambodia moved up a notch this year as a place for attracting and growing talent, according to the Global Talent Competitiveness Index 2019 (GTCI) report released this week. It ranked the Kingdom 107 out of 125 countries. ...

Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-talent-ranking-rise

National Bank of Cambodia warns of dodgy lenders

The National Bank of Cambodia (NBC) announced on Friday that it is seeking to cooperate with relevant stakeholders to crack down on illegal lenders. It also alerted the public about the dangers of taking cash loans from unfamiliar sources. ...

Hor Kimsay
https://www.phnompenhpost.com/business/national-bank-cambodia-warns-dodgy-lenders

UN data show nearly half of Kingdom’s rice exports undocumented

The UN Food and Agriculture Organisation (FAO) is forecasting that 44 percent of Cambodia’s total rice exports will be smuggled out of the country through informal channels this year, a persistent problem that weighs down profits and threatens to cripple the industry. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/un-data-show-nearly-half-kingdoms-rice-exports-undocumented

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