During his October 4 meeting with British ambassador Dominic Williams, Prime Minister Hun Manet reiterated that Cambodia’s foreign policy – including bilateral relations with the UK – will remain unchanged under his administration. The premier also expressed hope that more Cambodian products will be exported to the UK in the near future.
Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth unveiled Cambodia’s Financial Technology (fintech) Development Policy for 2023-2028, asserting its potential to harness the advantages of digital transformation in the financial sector and invigorate the country’s socio-economic landscape.
Prime Minister Hun Manet has explained that a culture of dialogue with the opposition abroad will only be possible when both sides agree to maintain a cordial dialogue. If opposition groups abroad continue to insult or slander him, he did not believe such a dialogue was possible.
The ASEAN Ministers on Agriculture and Forestry (AMAF) have reached agreements on various documents, encompassing strategic guidance, technical matters and joint communication, reaffirming their commitment to cooperation in matters of food security, agriculture and forestry.
American companies are set to explore investment opportunities in Cambodia’s promising sectors in the coming months, indicating strengthening diplomatic and economic ties between the two nations, especially after Cambodia’s hosting of the ASEAN Summit in 2022.
While acknowledging that the new minimum wage for factory workers falls short of their expectations, Prime Minister Hun Manet reaffirmed the government’s commitment to providing a yearly increment, however modest. This dedication, he noted, stands in contrast to certain countries that have not granted any pay raises to their workforce at all.
Exports of electrical machinery, equipment and related products surpassed $2.1 billion in the first eight months of 2023, marking a near 100 per cent growth from the same period last year, according to the General Department of Customs and Excise (GDCE).