News
More angels coming in search of worthy investments
Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. Seven members of the Mekong ...
More Cambodian women trafficked to Saudi, officials say
The number of Cambodian women now thought to be caught in Saudi Arabia’s sex industry after being trafficked in the past year has risen to more than 20, officials said on August 24. However, the government remained tight-lipped about its efforts to rescue the women, while ...
Garment sector figures disputed
Government officials and union groups on August 23 cast doubts on the findings issued by the industry body for the nation’s garment and footwear manufacturers, challenging its claim that mounting investor concerns had forced dozens of local factories out of business and resulted in a sharp ...
Phnom Penh SEZ to construct factories for hire
In a bid to diversify its revenue stream, Phnom Penh SEZ will restructure its business model by injecting capital into building its own factories that can be leased to tenants of its flagship industrial park, a company representative said on August 23.“Right now, 90 per ...
Replanting scheme touted
A government announcement that it will promote the replanting of trees in areas reclaimed from unused economic land concessions has drawn a broadly positive response. But Buntenh, a monk and environmental activist, on August 22 said that while the idea was good, it was not clear ...
Ready for a tourism takeoff
Cambodia’s impressive tourism growth has seen new records set year after year at the Kingdom’s three international airports. Cambodia Airports, the French majority-owned company that operates these airports, recently completed major expansions at Phnom Penh and Siem Reap to accommodate the anticipated growth in tourist ...
Cambodia supporting Timor-Leste for ASEAN
Cambodia once again renewed its support of Timor-Leste becoming the 11th member of ASEAN and a member of the World Trade Organization, according to a statement on August 21. During his visit to Timor-Leste on August 19-20, Prime Minister Hun Sen also said Cambodia would provide ...
NSSF, ministries finalising health insurance scheme
The National Social Security Fund on August 18 said it’s gearing up to sign agreements with about 200 provincial referral hospitals and health centres to provide coverage to a wave of recently insured workers in the country. Ouk Samvithyea, executive director of the NSSF, said a workshop ...
Clock ticking as NEC trains 6,000 voter registrars
After many delays, the National Election Committee officially launched its computerised voter registrations system on August 18, though less than two weeks remain to train more than 6,000 staffers in the process. At the event – which was attended by the ambassadors of Japan and the ...
Emergency meeting on rice
Cambodia’s beleaguered rice sector convened an emergency meeting on August 16 to tackle falling rice exports and help rice millers currently in financial doldrums due to severe shortage of funds to buy harvested rice from farmers to be milled for export. The Kingdom’s rice exports fell by ...