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Cambodia to reduce foreign debt

The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and Finance has unveiled. “Increasing local borrowing instead of foreign borrowing will improve the country’s trade balance and current account,” said Vong Seyvisoth, Secretary of State at the Ministry of Economy and […]

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Cambodia: Phnom Penh port’s revenue up 14 percent

Following robust growth in cargo shipments, total revenue for state-owned Phnom Penh Autonomous Port (PPAP), the second largest harbor in Cambodia, increased by 14 percent in 2017, according to the Ministry of Public Works and Transport. PPAP’s revenue reached $18.77 million last year, a marked increase compared to 2016, when it was just $16.5 million. […]

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Cambodia: Unions and companies alike unhappy with draft changes to law on worker contracts

Both unionists and private sector representatives are unhappy with draft amendments to Cambodia’s Labour Law, which would overhaul the regulations surrounding worker contracts and guaranteed employee protections. Negotiations between the Ministry of Labour and representatives from employers and unions have been ongoing since the draft amendments were released on December 14. The amendments closely follow […]

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Cambodia – Business Insider: How Codingate is helping businesses adapt to a digital age

As technology use has proliferated among Cambodians, businesses have sometimes struggled to keep up.The Post’s Robin Spiess sat down with Sopheakmonkol Sok, CEO and co-founder of web and mobile development company Codingate, to discuss how the country’s businesses can better harness the power of technology. What does Codingate do? We assist businesses in streamlining their operations, […]

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Cambodia: Phnom Penh looks to medical tourism

Two high-powered developers in Cambodia are partnering with a Bangkok-based health care consultancy to establish a high-quality medical centre in Phnom Penh in the hopes of establishing the capital as a medical tourism destination. Singapore Medical Center (SGMC), a Cambodia-based company owned by Sear Rithy and his business partner Tan Teck Kee, has partnered with […]

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