MISTI registers 1,406 new SMEs last year
PHNOM PENH: The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered 1,406 new small and medium enterprises (SMEs) last year, generating 20,653 jobs for local people. The new SMEs…
Cambodia listed among top ten largest exporters of garments in 2022
PHNOM PENH: Cambodia was ranked 8th among the top ten largest exporters of garments in 2022 by the World Trade Organisation (WTO). China was crowned No. 1, followed by the…
Svay Rieng’s investment expands with growing Interest in SEZs
PHNOM PENH: On October 31, 2023, Deputy Prime Minister H.E. Sun Chanthol and his accompanying delegation visited three special economic zones (SEZs) in Svay Rieng province, with a total investment…
A Chinese textile manufacturer to recruit new 6,000 workers
PHNOM PENH: The Cambodian Ministry of Labor and Vocational Training has announced its full support for the recruitment of more than 6,000 workers to fill gaps in the production chain…
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…
Remittances from Cambodian workers abroad estimated at 4.2 percent of GDP last year
PHNOM PENH: Cambodia's inflows of remittances from workers abroad were the third-highest in Southeast Asia after the Philippines and Vietnam as a share of gross domestic product (GDP) last year,…