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Rubber farmers hope to curb price decline

Cambodian small rubber farmers hope a commitment to stabilize prices among rubber producing nations will help control decreasing profits in the industry. Industry representatives from Cambodia, Indonesia, Malaysia, Thailand and Vietnam and other rubber producing nations recently met in Malaysia to discuss possible solutions to curb the decline in rubber prices. According to a Reuters […]

Career fair highlights job mismatch

The recently concluded two-day National Career Fair at Diamond Island Convention Centre highlighted the lack of skilled workers in manufacturing and engineering industries in Cambodia. According to Pich Sophoan, secretary of state for the Ministry of Labour and Vocational Training, the scarce number of skilled industry graduates continues to intensify the country’s jobs mismatch issue. […]

Garment exports down 4pct in Q3

Cambodia’s garment industry has dropped 4 percent year-on-year due to ongoing tensions on the minimum wage. Garment exports hit $1.61 billion in the third quarter of 2014, down from $1.68 billion in the same period last year, according to figures from the Commerce Ministry. Overall, exports rose 6 percent in the first nine months of […]

Funding for Phnom Penh port expansion being sought

Officials are seeking means to fund the construction on the second stage of a new cargo terminal at the Phnom Penh Autonomous Port (PPAP), which will start in 2016. Under the $20 million expansion, the existing cargo terminal in Kien Svay district of Kandal will increase its handling capacity from 150,000 shipping containers to over […]

Cassava export can pick up in Q4, says official

Cassava industry representatives have dismissed concerns over a slowdown in the sector amid the decline of export data in the third quarter. The Kingdom exported around 1.2 million tons of cassava in the third quarter, a figure that is equal to only 62 percent of the 2013 annual export total of over 2 million tons. […]