The government has issued a prakas (directive) on controlling and managing the use of construction mining resources and the revenue for any government infrastructure projects. The joint prakas by the Ministry of Economy and Finance (MEF) and the Ministry of Mines and Energy (MME) on “controlling and collecting royalty revenue from the resources”, dated June […]
Read MoreMacau Legend will have to wait a little longer before it can start building what promises to be one of the biggest integrated resorts in Cambodia. In a filing with the Hong Kong Stock Exchange in December last year, the Macau-headquartered casino operator said it will delay the purchase of 1,200 hectares of land in […]
Read MoreThe Clean Clothes Campaign (CCC), the garment industry’s largest alliance of labour unions and non-governmental organisations, has blamed clothes brands over contributing to garment workers’ low wages. It found that 93 percent of surveyed brands failed to provide evidence that they are paying a living wage to any of their suppliers while 63 percent do […]
Read MoreCambodia exported 97,175 tonnes of rubber to foreign markets in the first five months of this year, an increase by 17 percent compared to the same period last year. A report from the General Directorate of Rubber at the Ministry of Agriculture, Forestry, and Fisheries, showed that rubber were yielded from 250,107 hectares out of […]
Read MoreCambodia and Thailand held talks on the possibility of reopening border gates to restore the economy, according to the Embassy of the Kingdom of Cambodia in Thailand. The discussion at the embassy was led by Cambodia’s Ambassador to Thailand Ouk Sophorn and Chanitr Charnchainarong, chair of the Thailand-Cambodia Business Council, as well as Thai businessmen. […]
Read MoreAs of May, government data shows COVID-19 forced the closure of nearly 3,000 tourism-based business and left more than 45,045 staff members unemployed. The unemployment and rising debt would severely affect the social economy while the Minister of Tourism estimated that the tourism sector would see a huge loss of $3 billion in revenue this […]
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Thailand
