A visiting team leader of International Monetary Fund (IMF) to Cambodia, Ms. Sonali Jain-Chandra (left) and an outgoing IMF resident representative in Cambodia, Faisal Ahmed, give a media briefing for a 12-day visit of IMF team and Cambodian macroeconomic development at IMF office in Phnom Penh on Friday, July 2, 2015. (Neou Vannarin/VOA Khmer)
Strong political institutions are required for continued economic growth, but the capacity of Cambodia’s state institutions remains weak.
A Saturday interest rate cut by Beijing failed to stem significant drops seen last week.
Cambodia’s garment and textile industry employs some 600,000 people and is a major driver of the country’s economy.
Qatar has been heavily criticized for rights abuses among laborers in the construction of stadiums and other facilities in preparation for the 2022 World Cup.
The two films were produced by USAID’s office to combat human trafficking and are being shown at the Bophana Center in the capital.
Labor leaders say the draft law to regulate unions is not meant to help workers at all, but will instead prevent fair wages and proper conditions in factories.
Labor Ministry officials said Friday that a draft law, which could be wrapped up soon, will help support union organization.
The Middle Eastern country is to host the World Cup in 2022, opening a potential labor opportunity for Cambodian workers.
Union leaders say their workers need at least $177 per month in order to keep up with the rising cost of living, in an industry that employs some 600,000 people.
The company has returned about $400 each to nearly 50 workers, according to the rights group Adhoc.
A delegation from Cambodia’s Ministry of Commerce was in the US this week, seeking greater trade ties and deals with large corporations.
US President Barack Obama is working toward a Trans-pacific Partnership with many other countries, but economists say Cambodia should first focus closer to home.
In Siem Reap, the number increased slightly, from 2.23 million in 2013 to 2.35 million in 2014.
The growth is due to government policies to promote local products and an effort to match neighboring Vietnam’s success with coffee.
Cambodia has a young population: about 60 percent are under the age of 30. Each year, an estimated 250,000 people are in need of a job.
Spanish outspoken environmentalist Alex Gonzalez has expressed his hope that some of those who visit Areng Valley will become activists to protect Cambodia’s remaining natural resources.
The three-day event ran last week, from Tuesday to Thursday, and included a concert, traditional Cambodian games, art shows, product fairs and dances.
More than 4,000 families across four provinces and in Phnom Penh are now dealing with the loss of land, housing or businesses, since the government began to fix its railways, in 2006.
Asean’s 10 member countries are working toward creating a regional bloc that would open up a free flow of goods and services across the region, much of it by the end of this year.
For years, Min Mink Chan never stopped dreaming of home. As he arrived in Jakarta to board a flight back to Myanmar, that dream was just hours away from becoming a reality.
Public finance reform requires four “platforms,” Heng Dyna said: budget credibility, internal control, prioritizing with budget planning and proper review of finances and performance.
Cambodian officials and business leaders will be looking for markets to export more products to Asean members.
Cambodian migrant workers working legally or illegally in neighboring Thailand and other countries in the region have remitted more than $1 billion dollars annually.
Asean countries, including Cambodia, are reforming their development and tax policies to conform with a regional norm.
Mondulkiri province, bordering Vietnam in northeastern Cambodia, is known these days as a good place to trek.
Cambodia's Foreign Minister Hor Namhong held talks with his Indonesian counterpart Retno Marsudi and Myanmar's Vice President U Nyan Tun.
Cambodian political officials should begin thinking about the legacy they are leaving future generations, with a new political environment following gains by the opposition in 2013, an analyst says.
Asean integration at the end of 2015 will gibe Cambodia opportunities, but it will also mean economic competition that the country must be ready for, an analyst says.
Mondulkiri province, in northeastern Cambodia, is known these days as a good place to trek, where wildlife and waterfalls make for good scenery, amid forested mountains of red clay, and where indigenous hill tribes still live a traditional way of life.
Mondulkiri province is known as a good place to trek, where wildlife and waterfalls make for good scenery, amid forested mountains of red clay, and where indigenous hill tribes still live a traditional way of life.
An estimated 800,000 Cambodian workers migrated to Thailand in search of jobs this year alone.
Sok Vanseka said Cambodia’s effective use of any future funding from the new bank would largely depend on its own political will.
Cambodia, Laos, Myanmar and Vietnam, meanwhile, will have until 2018 to enjoy preferred statuses, as they race to catch up to the rest of the region.
Cambodian officials said over the weekend they hope her visit will also shine a positive light on the country and encourage more visitors to come.
Cambodians say they are hopeful the visit of US First Lady Michelle Obama will make a positive difference in the educational future of their girls.
Following First Lady Michelle Obama’s three-day visit to Cambodia to promote her “Let Girl Learn” initiative, Cambodian officials say they hope for positive changes in girls’ education.
First Lady Michelle Obama is on her three-day visit in Cambodia to promote girls’ education.
Indigenous communities in Ratanakiri province say the government’s economic land concession policy is taking away their land and traditional way of life.
Cambodia’s economy is likely to continue to grow at a fast pace, but an economist says that will widen the gap between rich and poor.