Despite a 31 percent increase in Cambodian rubber exports during the first 11 months of this year, the Ministry of Agriculture is failing to recoup on expenses it has spent sending expert technicians into the field in order to help boost production. According to data from the Ministry of Agriculture, the government has spent $379,000 […]
Read MoreDespite Cambodia having a vibrant startup scene with entrepreneurs launching ventures on a near daily basis, businesses trying to tap into financial resources for growth have difficulty accessing capital and are stuck in the unbankable “missing middle”, according to a recent study. According to a study by the Dutch Good Growth Fund (DGGF), a $200 […]
Read MoreMore than 115 new factories were registered during the first nine months of the year, an increase of 7.5 percent compared to the same period last year, creating over 50,000 jobs, according to data from the Ministry of Industry and Handicraft. The garment sector saw the greatest increase in capacity, with 63 new factories being […]
Read MoreDrug resistance is still the main concern for health authorities in Cambodia, China, Laos, Myanmar, Thailand and Vietnam. Today, representatives from these countries called for accelerated action to eliminate malaria in the Greater Mekong Subregion (GMS) by the year 2030. The call comes amid concern over resistance of malaria parasites to antimalarial drugs, including artemisinin—the […]
Read MoreThe coastal city of Sihanoukville is undergoing a massive transformation. Once perceived as a seedy haunt for lethargic backpackers and expats, a flood of Chinese tourists and investors has begun to alter the landscape by setting up everything from gaudy casinos to towering luxury resorts as well as restaurants, street stalls and shops on the […]
Read MorePrime Minister Hun Sen appealed to international lending agencies to not increase interest rates on loans used for Cambodia’s development, adding that despite recent economic progress that has helped reduce poverty, the Kingdom needs low interest rate lending to continue growth. Speaking to a crowd of nearly 15,000 garment factory workers, Hun Sen cited a […]
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