The tourism sector, which is the most vulnerable industry from the spread of Coronavirus, will see a slower recovery than other sectors after the pandemic ends, according to industry insiders. Chhay Sivlin, president of the Cambodia Association of Travel Agents, told Khmer Times yesterday that tourism is different from other sectors which will make a […]
Read MoreThe announcement by Prime Minister Hun Sen this week that suspended factory workers would only be receiving a total of $70 per month could potentially push hundreds of thousands of garment workers and their families back below the poverty line, according to Oxfam. The $70 monthly payment, which equates to $2.33 a day for a […]
Read MoreStreet 308, also known as Bassac Lane, Phnom Penh’s once-vibrant expat favourite area, where many restaurants, entertainment joints and other businesses thrived, now looks like a ghost town at night. Tourists, foreign residents and locals were often seen congregating in the area at night, especially at weekends, for entertainment, drinks and food, but that is […]
Read MoreThe COVID-19 pandemic has increased the Consumer Price Index (CPI) , according to a monthly report from the Ministry of Commerce. The CPI is based on daily basic products including rice, meat, fish, face masks and hand sanitisers in eight cities and provinces from March 2 to April 6. According to the report, rice prices […]
Read MoreThe Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. Ken Loo, secretary-general of GMAC told Khmer Times that the majority of buyers of Cambodian garments and textiles have already cancelled their orders. However, the association […]
Read MoreThe Government on Tuesday announced the suspension of the annual Khmer New Year celebration, in a bid to stop the spread of the Novel Coronavirus. The move will spell further fiscal woes for the already embattled tourism industry.Speaking during a press conference, Prime Minister Hun Sen said the decision was made in a bid to […]
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