A recent report by the World Economic Forum underscored the Kingdom’s poor performance in educating and training its citizens in order to develop a competitive workforce and put their skills to productive use, ranking it for the first time in its annual review as the worst in Asean. Cambodia ranked 92nd out of 130 countries […]
Read MoreThe Kingdom’s biggest industrial park is moving beyond its initial development stage and looking to attract nearly 200 new tenants in the next five years as it doubles its footprint. Established in 2008, the Sihanoukville Special Economic Zone (SSEZ) sprawls over 1,100 hectares in the hills to the east of Sihanoukville and the Kingdom’s only […]
Read MoreCambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market. But hopes are dimming as the submission deadline approaches and a bill proposing the exemption fails […]
Read MoreMore than 96 percent of tariffs in Asean have been eliminated, but certain parts of the 10-nation economic bloc including Cambodia lag behind others in full implementation of the Asean Trade in Goods Agreement (Atiga), the Ministry of Commerce said in a Facebook post yesterday. It said 99.2 percent of tariffs in the “Asean 6” […]
Read MoreJayant Menon, lead economist for regional trade and cooperation at the Asian Development Bank in Manila, recently spoke to Khmer Times’ Sok Chan, and outlined how Cambodia could stay competitive by increasing its productivity. KT: Cambodia’s main exports are garments, footwear and agricultural products destined for markets in the European Union and the US. How will […]
Read MorePrivate investigators have long operated in Phnom Penh’s seamy shadows, hired to follow and document the liaisons of philandering tycoons, help foreign authorities locate fugitives or track down missing persons. But as the Kingdom’s economy develops the demand for discrete surveillance has grown, and private eyes are finding themselves increasingly digging into the financial improprieties of their […]
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Thailand
