Cambodia’s Ministry of Labour and Vocational Training (MLVT) is conducting a survey on garment workers’ living conditions and the impact of COVID-19 on them until July 31, local Khmer Times reported.
Investment has continued to flow into Cambodia’s footwear industry as the COVID-19 pandemic runs rampant around the globe, reported the Phnom Penh Post.
Cambodia had 14.8 million mobile internet subscribers, accounting for 90 percent of the population, by May, down 2.36 percent from one year ago, the Telecommunication Regulator of Cambodia (TRC) said in a report released on July 20.
Cambodian Prime Minister Hun Sen has approved in principle the elimination of the 3,000 USD deposit and 50,000 USD insurance for investors, businesspeople and experts entering the country, the Khmer Times reported.
The Cambodian National Committee for Disaster Management (NCDM) has launched a new information-sharing system to safeguard vulnerable citizens from floods and natural disasters amid the rainy season.
Cambodia and China have wrapped up trade talks following a video conference between Cambodian Commerce Minister Pan Sorasak and his Chinese counterpart Zhong Shan on July 20, the Cambodian Commerce Ministry said in a press release.
Cambodian Prime Minister Hun Sen has said that the government has transferred 40 USD per month to approximately 170,000 workers in the garment and tourism sectors, who suffered work suspension due to COVID-19.
The National Bank of Cambodia (NBC) said the Kingdom’s economic growth stagnated in the first half of the year due to the impact of the COVID-19 pandemic and forecast that the country’s GDP would contract 1.9 percent this year.
Cambodia earned 3.7 billion USD from the export of garment products, including clothes, footwear, and travel goods –in the first half of this year, down 5 percent compared to the same period last year, according to Cambodian news agency AKP.
Party General Secretary and State President Nguyen Phu Trong and President of the Cambodian People’s Party (CPP) and Prime Minister Hun Sen discussed issues regarding the relations between the two nations during their phone talks on July 9.
Cambodia and the Republic of Korea (RoK) agreed on July 9 to launch official negotiations for a bilateral free trade agreement (FTA), paving the way for the RoK, Asia's No. 4 economy, to make further inroads into the Southeast Asian market and boost exports.
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