Chinese State Councilor Yang Jiechi, front left, waves as he arrives with Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong, front right, for their meeting at Diaoyutai State Guesthouse in Beijing Thursday, Feb. 4, 2016. (How Hwee Young/Pool Photo via AP)
The International Trade Union Confederation said that 166 million workers make up a “hidden workforce” earning trillions of dollars for big companies.
It is unclear exactly how Cambodia would benefit from the trade deal, which lowers tariffs on agricultural and industrial goods between its adherents.
About 70 percent of those fines have come from traffic checkpoints, according to the ministries of Interior and Finance.
A recent report from the International Trade Union Confederation reveals that 50 of the world’s largest companies depend on a “hidden workforce” to provide 94 percent of the labor from which they profit.
The main purpose of Kerry’s visit was to discuss an upcoming US-Asean meeting in California next month, which will include a lot of discussion on trade.
Hun Sen had asked that Cambodia be producing 1 million tons of rice for export by 2015, but the country is meeting only half that goal.
While the constitution calls for Cambodia to remain neutral in foreign affairs, Cambodia has stronger ties with China than it does with the US, due in part to China’s no-strings aid and investment in recent years.
While Cambodia is again expected to post a high annual growth rate of around 7 percent this year, it is starting to feel the pinch of a slowing global economy.
Of Cambodia’s 15 million people, 3 million are poor and 8.1 million are near-poor.
Cambodia must tackle the skills gap to boost the productivity of its labor force in order to grow its economy, according to the latest report.
The number of ships coming through the port rose 17 percent year to year, and cruise ships rose from 25 to 36.
Cambodia earns nearly $60 million in ticket sales from Angkor Wat each year, from nearly 2 million visitors.
The Assembly approved the initiative to join the Chinese-run development bank, which will provide loans to Asian-Pacific countries, much like the Asian Development Bank.
The illicit economy grew from $650 billion in 2011 to $1.77 trillion in 2015, according to the World Economic Forum.
Cambodia has around 1,000 active unions, most representing some 700,000 workers in the garment and textile manufacturing sector.
Cambodian farmers are increasingly growing organic rice and vegetables in some places, but there is no official certification available.
Salt farmers in Kampot and Kep provinces say that production almost doubled this year as the annual rains arrived late, causing droughts in parts of Cambodia.
According to CEDAC, about 250 farmers have begun growing organic vegetables in four provinces—Takeo, Kompong Speu, Kompong Chhnang and Siem Reap.
According the International Monetary Fund (IMF), Cambodia’s economy has grown by 7.0 percent during 2015.
The protests began Wednesday, last week, after an announcement that the minimum wage would be raised from $128 per month to $140 per month.
In the Kampong Phluk fishing village on the Tonle Sap lake, home to thousands of families in Siem Reap province, fishermen say their catch this year has been too poor to live on.
With the low price of oil across international markets, and with the government failing to make deals with companies, it could be years before production occurs.
The U.S. economy exceeded expectations with employers adding 211,000 jobs in November. VOA Khmer's Sreng Leakhena narrates.
As of 2011, there are estimated 530,000 SMEs in Cambodia, but many lack access to capital to build strong and innovative businesses.
Hun Sen set out that challenge several years ago, but the country’s infrastructure and quality control have hampered rice exports.
About 1,000 unions are active for workers rights, in a sector that employs up to 700,000 people.
Cambodia is ranked one of the most vulnerable countries in the world to climate change. Many of its people rely on agriculture, and the changes to the country’s climate, whether more droughts or more floods, makes them particularly vulnerable.
Summit host, Malaysian Prime Minister Najib Razak, hails establishment of community 'as a landmark achievement' more than a dozen years after concept was first proposed
To conservative Cambodians, sex workers are defying traditional values.
Experts fear that Cambodia will not be competitive with its Southeast Asian neighbors, as a free flow of goods and services between the 10 Asean members ensues.
Hun Sen has expressed a desire to improve Cambodia’s image abroad, but the country’s deep poverty, political divisions and human rights abuses make that a tough case.
Cambodia will participate the global summit on climate change in Paris this December. World leaders will meet to find ways to curb climate change, much of which is the responsibility of developed countries, but with can severely impact poorer countries.
According to the World Economic Forum 2015, Cambodia was ranked 95th in competitiveness, surpassing only Myanmar among countries in Asean.
Cambodia’s garment sector is a major economic driver in the country, earning some $3 billion from exports in the first half of 2015.
Cambodians expect 'seamless transition' when ASEAN Economic Community is launched in two months and hopefully heralds second investment wave.
This transaction is a monthly ritual among Cambodia’s 600,000 garment workers whose modest contributions help support the livelihoods of their families in the poorer rural areas.
The United States has been emphasizing the importance of freedom of navigation, fearing that China’s efforts to expand its territory could eventually become a barrier to trade.
Cambodia has a goal set by Prime Minister Hun Sen to export 1 million tons of rice each year.
Jin Liqun, president-designate of the controversial AIIB bank promises to build “21st-century governance” at the new bank.