With the minimum wage to increase from $153 to $170, the garment and footwear sectors need to boost productivity and cut down costs if they are to remain competitive in international markets, according to a report released on Monday by ASEAN + 3 Macroeconomic Research Office (AMRO)...
13th December 2017
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More than 115 new factories were registered during the first nine months of the year, creating over 50,000 jobs, according to data from the Ministry of Industry and Handicraft...
12th December 2017
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In 3Q17, container throughputs handled by PPAP surged 21.9% YoY, reaching a record high of 59,425 TEUs. As a result, container cargo volume soared 42.0% YoY to 477,901 tonnes during the three-month period...
12th December 2017
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Camcashew, a joint venture between a Cambodian and Malaysian firms, signed a memorandum of understanding with South Korea’s Naroo Marine Company Limited yesterday with the aim of exporting 10,000 tonnes of processed cashew nut next year...
08th December 2017
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Chea Serey, director general of the National Bank of Cambodia (NBC) warned yesterday of increased fraudulent activities linked to cryptocurrencies, claiming that as the Kingdom lacks regulations surrounding their use, they remain a risky investment tool...
06th December 2017
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Cambodian pig farmers are facing a mounting crisis as the price of pigs has continued to plummet due to illegal imports from Vietnam, representatives from a farmer association said yesterday...
05th December 2017
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The fourth phase of Grand Phnom Penh International City—a project that has been under construction for over 10 years—broke ground on last Saturday, injecting $10mn into the satellite city to build an additional 300 housing units...
04th December 2017
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Officials in the agricultural sector have called on relevant stakeholders to scale up crop insurance schemes to help Cambodian farmers mitigate the risks of having their fields destroyed by flooding and drought...
01st December 2017
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Myanmar National Airlines has recently applied for a license to operate a direct flight between the cities of Bagan and Siem Reap, in a bid to increase the flow of tourists to the region as part of governmental efforts to promote the cities as a single tourism destination...
30th November 2017
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Local conglomerate Soma Group has signed a memorandum of understanding (MOU) with Australia-based rice exporter SunRice for exports of Cambodian rice to Australia, according to a senior official from the Ministry of Agriculture, Forestry and Fisheries (MAFF)...
29th November 2017
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