Business

Garment workers ride in crowded trucks to a factory in the Kong Pisei district, Kampong Speu province on July 27, 2024. (CamboJA/ Pring Samrang)

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Garment Workers’ Minimum Wage Raised To $208 for 2025, Employees Say It’s Too Little

19 Sep 2024 9:26 PM|
Sovann Sreypich|

The monthly minimum wage of garment workers has been increased by an additional $4, bringing the total to $208 for 2025, however, independent workers and unions are unsatisfied with the new pay.

Farmers harvest rice in Battambang province’s Bavel district on November 20, 2022. CamboJA/Sok Savy

Business ·

Rice Stakeholders Raise Issues Impeding Efforts To Meet Export Market Standard

31 Mar 2024 1:44 PM|

Lack of technical assistance, an unstable market and poor irrigation system are among key problems raised by Cambodian farmers, rice millers, traders, producers, development partners and research institutes.

Prime Minister Hun Manet announces a special program to boost investment in Preah Sihanouk province, January 31, 2024. (Hun Manet’s Facebook)

Business ·

Special Investment Program Launched in Sihanoukville, Shooting Ranges Ordered Shut

31 Jan 2024 8:18 PM|

Prime Minister Hun Manet on Wednesday launched a three-part special program with investment benefits to resolve the stalled constructions in Preah Sihanouk, as well as attract investors and boost the economy after years of deadlock. The program is in line with plans to turn the province into a multi-purpose special economic zone.

The city of Phnom Penh, on November 23, 2022. (CamboJA/ Pring Samrang)

Business ·

World Bank: Key Reforms Needed for Cambodia to Become Upper-Middle Income Country

27 Jan 2024 2:21 PM|

As 2024 begins, Cambodia faces an economic slowdown that could jeopardize the country’s goal of becoming an upper-middle income country by 2030. Advances in the nation’s business environment, infrastructure and workforce are needed to stay on course, according to a World Bank economic analysis.

Boustra Waterfall at Mondulkiri province, May 23, 2023. (CamboJA/Khuon Narim)

Business ·

New M’kiri Airport To Boost Tourism, Economy But Deforestation Concerns Linger

19 Jan 2024 7:56 PM|

The government has permitted private firm Focus Trans Global Venture Co Ltd (FTGV) to study the construction of a new airport in Mondulkiri province, northeast of Cambodia, as well as invest in a build, operate and transfer (BOT) model, the Office of the Council Minister said on January 9.

Cambodian Prime Minister Hun Manet meets with French President Emmanuel Macron in Paris, France on January 16, 2024. (Hun Manet’s Facebook)

Business ·

Hun Manet Eyes Business Opportunities In France During First Official Visit

19 Jan 2024 7:32 PM|

Prime Minister Hun Manet met with President Emmanuel Macron Thursday at the Élysée Palace on the first day of his official visit to France, where he emphasized possibilities for economic collaboration between the two countries. The visit comes at the end of a week-long trip to Europe, his first as Prime Minister, which also included meetings with French business leaders and a stop in Switzerland for the annual World Economic Forum.

Japanese Prime Minister Fumio Kishida (right) shakes hands with Cambodian Prime Minister Hun Manet during a bilateral meeting at his office in Tokyo on December 18, 2023. (Hun Manet’s Facebook)

Business ·

Seven Agreements Signed With Japan on Development and Cooperation

19 Dec 2023 4:49 PM|

Cambodia and Japan signed seven Memorandum of Understanding (MoU) at the 50th ASEAN-Japan Anniversary Summit where Prime Minister Hun Manet discussed trade and investment issues with Japanese premier Fumio Kishida.

Melissa A. Brown, the US deputy assistant secretary talks during the press conference on December 15, 2023. (CamboJA/Pring Samrang)

Business ·

Rule of Law, Corruption Hesitate US Investors From Entering Cambodia

16 Dec 2023 10:05 AM|

Although the US aims to see an increase in American investment in Cambodia, the rule of law and corruption form a barrier to attracting investment from US companies to Cambodia, according to Melissa A Brown, the US deputy assistant secretary, Bureau of East and Pacific Affairs.

View of paddy fields in Kandal province. Picture taken on November 2, 2023. (CamboJA/ Pring Samrang)

Business ·

PM Hun Manet Lays Out Agricultural Policy To Improve Farmers’ Livelihoods

20 Nov 2023 9:05 PM|

The new government has announced plans to promote agricultural products, establish price equilibrium in the rice market, provide technical support, and modernize traditional farming.

Garment Workers’ Minimum Wage Raised To $208 for 2025, Employees Say It’s Too Little

Rice Stakeholders Raise Issues Impeding Efforts To Meet Export Market Standard

Special Investment Program Launched in Sihanoukville, Shooting Ranges Ordered Shut

World Bank: Key Reforms Needed for Cambodia to Become Upper-Middle Income Country

New M’kiri Airport To Boost Tourism, Economy But Deforestation Concerns Linger

Hun Manet Eyes Business Opportunities In France During First Official Visit

Seven Agreements Signed With Japan on Development and Cooperation

Rule of Law, Corruption Hesitate US Investors From Entering Cambodia

PM Hun Manet Lays Out Agricultural Policy To Improve Farmers’ Livelihoods

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