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EBA withdrawal not to impact Cambodia, says PM

Cambodia’s manufacturing sector will not be affected by the complete withdrawal of the Everything But Arms (EBA) preferential tariff line of the European Union (EU) expected in the near future, said Prime Minister Hun Sen, recently. During his meeting with more than 16,000 workers in Kampong Speu province on Sunday, the premier noted that Cambodia […]

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Cambodia to become higher-middle-income country by 2030

Prime Minister Hun Sen expressed confidence that Cambodia will become a high-middle-income country by 2030, despite the challenges posed by the global economy, the war between Ukraine and Russia, and the climate change crisis. In a graduation ceremony for students of the Royal University of Law and Economics yesterday, the premier said that Cambodia is […]

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Cambodia: Kingdom urged to develop new air transport markets

Cambodia will need to develop new air transport markets and reduce its reliance on multi-country itineraries to resume growth and justify airport infrastructure investments, according to a recent study. Cambodia was one of the fastest-growing air transport markets in Southeast Asia pre-pandemic and has big ambitions for growth in the post-pandemic era, ADB SEAD’s ‘Landscape […]

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Cambodia’s 99.3% job rate among world’s best

Cambodia’s employment rate continued to be strong at 99.3 percent and remained one of the best in the world. This was recently disclosed by Ith Samheng, Minister of Labour and Vocational Training, as he hailed the role of the National Employment Agency (NEA) for this achievement Presiding over a lecture on ‘Labour Market and Economic […]

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