HONDA and Cambodia Strengthen Partnership for Industrial Growth
PHNOM PENH: Prime Minister of the Kingdom of Cambodia, Hun Manet received a courtesy call from Mr. Minoru Kato, CEO and Vice President in charge of motorcycles at HONDA MOTOR…
MISTI, Australia Collaborate to Enhance Cambodia’s Manufacturing Competitiveness
PHNOM PENH: The Ministry of Industry, Science, Technology & Innovation (MISTI) has partnered with the Australian Embassy in Cambodia through its CAPRED programme to co-host a workshop on Manufacturing Sector…
Cambodia’s Booming Manufacturing Creates 50,000 New Jobs Fueled by GTF
PHNOM PENH: According to the latest report from the World Bank, consistent with improved goods exports, employment in the manufacturing sector is expanded. After some easing in labor market conditions…
SSEZ records import-export growth in first two months
PHNOM PENH: The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) in Cambodia was amounted to US$628 million in the first two months of 2024,…
More investments on agriculture and processing industry encouraged
PHNOM PENH: Cambodia has urged Japan to invest more in Cambodia, especially in agriculture, processing industry, textiles and manufacturing, tourism, technology, and education. The call was made by H.E. Mrs.…
Cambodia raises minimum wage for garment factory workers for 2024
PHNOM PENH: Cambodia on Thursday set a new monthly minimum wage for workers in the garment, footwear, and travel goods sector at US$204 for next year, up 2 percent from…
Cambodia produces over 8.28 tonnes of gold so far: official
PHNOM PENH: Cambodia has produced more than 8.28 tonnes of dore bars with 90 percent pure gold solution since commercial mining started in June 2021, a senior official said on…
Cambodia’s service sector is driving economic growth in 2023, despite a slowdown in the industrial sector, ADB reports
PHNOM PENH: In its last updated economic report, the ADB lowered its 2023 economic growth forecast for Cambodia to 5.3 percent from an earlier prediction of 5.5 percent, mainly due…
Electricity price cut for industrial and agricultural enterprises
PHNOM PENH: The Ministry of Mines and Energy has announced a reduction in electricity prices for industrial and agricultural enterprises from October to December. The ministry issued the notification on…
Over 20,000 enterprises to benefit from electricity price cut
PHNOM PENH: About 21,000 enterprises, most of them are small and medium enterprises (SMEs), will benefit from the reduction in electricity prices, said this morning Prime Minister Samdech Moha Borvor…
WTO says Cambodia now part of global high-tech production networks
PHNOM PENH: Cambodia along with Bangladesh, Romania, and Vietnam have graduated from low valued-added supply chains to global high-technology production networks, the World Trade Organisation (WTO) says. In its annual…