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Cambodia: High Community Mobility Boosts Jakarta’s Economy in Q2 2022

TEMPO.CO, Jakarta – The growth of Jakarta‘s economy in the second quarter of 2022 is attributable to the high community mobility, said Head of Bank Indonesia’s Jakarta Representative Office Onny Widjanarko. “Economic growth in Jakarta is in line with the continued increase in community mobility supported by the accelerated booster vaccination program,” said Onny as quoted from Antara in Jakarta, Monday, August […]

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Cambodia: PM says implementing RCEP a priority

The Regional Comprehensive Economic Partnership (RCEP), a free trade agreement among 15 Asia-Pacific nations, will stimulate economic recovery in the post-pandemic era, Prime Minister Hun Sen said yesterday. Delivering a video message to mark the Association of Southeast Asian Nations Day, the premier said the agreement will help create jobs, and strengthen the supply chain […]

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Cambodia: Japan loan boosts Sihanoukville port expansion

In a major boost for the expansion of a new container terminal at the Sihanoukville Port, Cambodia received a 41,388,000,000 yen ($306 million) loan from Japan. At a function presided over by Prime Minister Hun Sen at the Peace Palace on Saturday, Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, and his Japanese counterpart […]

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Cambodia: Minimum wage talks kick off Aug 15

The Ministry of Labour and Vocational Training will convene a tripartite meeting on August 15 to negotiate a 2023 minimum wage in the garment sector. The meeting will be attended by workers’ representatives from trade unions and factory owner representatives. In a notice, the ministry said the meeting of the National Council on Minimum Wage […]

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Cambodia: NBC sets official exchange rate on NBCP

The National Bank of Cambodia (NBC) has started to set the official exchange rate for the dollar based on the foreign exchange buying and selling prices in the currency market from August 2. NBC announced that the official exchange rate on the National Bank of Cambodia Platform (NBCP) is based on the exchange rate in […]

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