Farming lands granted to 8 companies
Agriculture is Cambodia’s main sector which more than 80 percent of most Cambodian people are living on this sector. Recently, more than 50,000 hectares of agricultural land being given to eight domestic and foreign companies for agriculture, according to The Phnom Penh Post.
“Two Cambodian firms had been given 16,900 hectares. A Malaysian firm received 7,000 [...]
Vietnamese fertilizer plant in Cambodia
Recently, Vietnam started operating its largest fertilizer plant in Kandal Province on Thursday, which was funded US$65 million project by Vietnam.
Cambodian Prime Minister Hun Sen said at the opening Thursday morning that The Kien Svay facility is expected to be produce half a million tons of fertilizer per year, employing 300 workers. He added that [...]
ADB gave $24.5 million for labor skill improvement
Given the lack of skilled labor and investment in vocational training in Cambodia, The Asian Development Bank approved a US$24.5 million grant for Ministry of Labor to improve the government’s technical and vocational education training (TVET) system.
According to the bank’s statement, this grant will initially fund training in mechanics, construction, business services and information and [...]
Cambodia’s Garment Workers Hit by Recession
Over the last decade economic growth has helped lift Cambodia out of its poverty. The signs were everywhere; bustling construction sites around Phnom Penh ; young workers filing into factories, filling orders for eager clients abroad.
More than 400,000 jobs in the textile industry fuelled the hopes of many young women whose earnings in the city [...]
New association to export milled rice overseas
According to the Phnom Penh Post, Lim Bunheng, the president of the Cambodian Golden Rice for Export Association (CGREA), said that the group would buy around 50,000 tonnes of jasmine rice paddy, which would be processed locally before export.
Lim Bunheng said that “we hope that our activities can help expand the market for Cambodian farmers, [...]
Rice quality increases with rice machine
In order to meet the world’s good quality of milled rice and sell it for higher prices exporting from Cambodia to overseas, the Cambodian Rice Millers Association (CRMA) plans to purchase a machine worth more than US$ 100,000 from South Korea, which enables farmers to sort rice by grade in Battambang province, the Phnom Penh [...]