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World Bank Enterprise Surveys indicate 18% of enterprises in Cambodia having difficulties finding workers with right skills

As megatrends affect the world of work, reshaping skills of workers will help to address mismatches and promote resilience. Human capital development has played a vital role in the success of thriving economies. However, when the skills of workers fail to align with the needs of industry, the mismatches and imbalances in the labour market […]

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Cambodia: Trade body sorts out new EU VAT rules

A local trade body is working to educate its network and find solutions concerning the EU’s recent removal of a value added tax (VAT) exemption for goods imported into the bloc with a value not exceeding €22 ($26), and the optional Import One-Stop Shop (IOSS) scheme created for low-value consignments. In effect since July 1, […]

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Cambodian tourism sector envisages new normal

Nearly two months after the World Health Organization declared Coronavirus to be a “global health emergency” last year, the government announced that it would clamp down on tourist visas. Now, the tourism and hospitality sectors are charting their future with an eye towards reopening. The Kingdom’s hotel and restaurant sector retracted by 36 percent last […]

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