Minimum Wage Implementation for Textile, Garment, Footwear and Travel Products and Bags Sector for 2025 On 18 January 2025, the Ministry of Labor and Vocational Training (“MLVT”) issued Instruction on Minimum Wage Implementation for Textile, Garment, Footwear and Travel Products and Bags Sector for 2025 (“Instruction”). According to the Instruction, the MLVT reminds owners or…
New NBC’s Regulation on Cryptoasset Transactions On 26 December 2024, the National Bank of Cambodia (NBC) issued Prakas No. B7-024-735 on Transactions Related to Cryptoassets (“Prakas”), to regulate cryptoasset transactions and business activities. This initiative establishes a framework to regulate cryptoasset exposures and services, promoting secure digital finance in Cambodia. View the full alert here….
Determination of Individual Qualifications of Administration and Human Resource The Ministry of Labor and Vocational Training (“MLVT”) has recently released a Prakas 259.24 on Determination of Individual Qualifications of Administration and Human Resource, dated 2 December 2024 (“Prakas”). Following the Prakas, in order to be qualified individuals of administration and human resource, the individuals shall…
Inspection on Social Security Schemes Law Implementation & Legal Consequences On 14 January 2025, the National Social Security Fund (“NSSF”) issued a Notification no. 004/25 on inspections of enterprises and establishments throughout the country to strengthen the implementation of the Law on Social Security Schemes and relevant legal documents 2025 (“Notification”). According to the Notification,…
Directive 5852: Enhancing and Streamlining Cosmetic Product Registration at the Ministry of Health To facilitate and promote the procedure for registration of cosmetic products, Ministry of Health (commonly referred as “MOH”) releases a new directive for the business owner of pharmaceutical manufacturing institution, pharmaceutical import-export institution, representative office of foreign pharmaceutical manufacturing institution, cosmetic manufacturing…
Directive 5410: Applying for Health Product Import & Export Permits Through the National Single Window To boost the business and investment climate in Cambodia, Ministry of Health (commonly referred as “MOH”) releases a new directive for the pharmaceutical manufacturing institution and pharmaceutical import-export institution, namely “Directive No. 5410 On the Application for A Permit of…
Water Festival Days in 2024 On 1 November 2024, the Ministry of Labor and Vocational Training (“MLVT”) issued a Notification No. 031.24 on Water Festival Days in 2024 (“Notification”). The Notification is to inform employers to allow their employees to have 3-days off during Water Festival which is on 14, 15, and 16 November 2024….
Labor Dispute Conciliation The Ministry of Labor and Vocational Training (“MLVT”) has issued an Instruction No. 154 on Labor Dispute Conciliation dated 1 November 2024 (“Instruction 154”). The Instruction 154 is to improve labor dispute resolution processes, citing that past efforts have not fully met parties’ expectations. Key Points: If a labor dispute remains unresolved…
COMING INTO FORCE OF PRAKAS No. 084 ON FORMALITY, PROCEDURE, AND MEASURES FOR ALCOHOLIC DRINKS ADS MANAGEMENT The Prakas No. 084 on formality, procedure, and measure for alcoholic drinks advertisement management, issued by the Ministry of Information on 23 July 2024 with 03 months grace period has now officially come into force. View the full…
Minimum Wages for Workers-Employees in Textile, Garment, Footwear, Travel Goods, and Bag Sectors for 2025 On 20 September 2024, the Ministry of Labor and Vocational Training (“MLVT”) issued a Prakas No. 211/24, addressing Minimum Wages for Workers-Employees in Textile, Garment, Footwear, Travel Goods, and Bag Sectors for 2025 (the “Prakas”). According to the Prakas, effective…