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The Agriculture Ministry will soon adopt a national standard for organic vegetable production to create product consistency and a single yardstick for farmers to work toward, according to officials.
Cambodia’s upgrade to lower-middle income status and looming competition from an E.U.-Vietnam trade deal pose major risks to the country’s garment and footwear export industry, a European business representative said on Thursday.
Despite recent growth in online job postings, low-skilled workers in Cambodia are largely being omitted from the shifting market, leaving them with few avenues to find opportunities around the country, industry experts said.
The government yesterday launched the first phase of a project to help 15,000 farming families commercialize their operations and bring their produce—rice, cassava, chickens and silk—to market.
At least 20 tons of allegedly counterfeit cosmetic products were confiscated on Monday after an undercover government officer infiltrated an illegal Phnom Penh business for more than a month, an official said.
Two Cambodian tourism startups have made it to the final round of a regional accelerator program and are set to pitch their ideas to international investors next month in Laos.
For three days, regional elites in business and government gathered at the five-star Sokha Phnom Penh Hotel, which stands almost alone on the tip of the Chroy Changva peninsula, at the confluence of the Mekong and Tonle Sap rivers, with the Royal Palace across the water.
Prime Minister Hun Sen met with Mongolian premier Erdenebat Jargaltulga over the weekend while attending a summit on China’s “One Belt, One Road” initiative in Beijing to discuss improving bilateral trade, according to a post on Mr. Hun Sen’s Facebook page on Sunday.
Internet access is rising across the Asean region, and in Cambodia recently surpassed television as the biggest source of news, but access to financial services, credit cards and bank accounts remains low, according to data released by the World Economic Forum.
Regional leaders urging the private sector to get involved in building infrastructure across Asean told the World Economic Forum on Asean on Thursday that it will require $1.7 trillion in annual investment.
A kickoff event for the World Economic Forum on Asean yesterday featured a panel of industry leaders and activists who lauded Asean’s potential for growth and entrepreneurship, while also stressing the importance of democracy in the bloc’s member countries.
As delegates from across the region arrive today in Phnom Penh for the start of the 2017 World Economic Forum on Asean, economists, diplomats and businesses say the breakneck development underway in Cambodia, Laos, Burma and Vietnam—the region’s bottom tier countries based on income—is entwined with looming challenges and the potential for both riches and instability.
Cambodia has signed on to a new World Economic Forum-backed initiative that aims to fund infrastructure projects in developing countries, the organization’s Asia-Pacific regional head said on Monday during a news conference at the Public Works and Transport Ministry.
Outdated legal protections for intellectual property in Cambodia are likely to put off potential innovators, according to some in the tech industry who say research and development here is exposed to the risk of competitors simply copying ideas and designs.
In a nod to the percolating market for upscale cafes and trendy coffee shops in Cambodia, more than 75 companies from 18 countries have turned out for the country’s first international cafe and bakery conference.
About 600 people have registered to attend the World Economic Forum on Asean in Phnom Penh next week, according to Transport Minister Sun Chanthol, whose ministry is an organizer of the event.
A Thai company is looking into building Cambodia’s first steel mill, aiming to cash in on the country’s construction boom and send exports from a dedicated seaport in Sihanoukville or Kampot province, according to the Industry Ministry.
Promising energy cost savings and more traction in overseas markets, the concept of “green business” in Cambodia has seen increasing popularity, particularly in the construction sector, attendees at an annual forum said on Thursday.
Almost 30 tons of fake cosmetic products have been confiscated from a factory putting foreign brands’ labels on locally produced chemicals, in what an Interior Ministry official said was part of a monthslong crackdown on a market teeming with counterfeits.
An association of Chinese real estate developers and construction firms has visited Cambodia to search for new investment opportunities, a change in tack that industry insiders see as a further sign of accelerating interest in the construction sector.