The Cambodian Federation of Employers and Business Associations (CAMFEBA), in cooperation with the International Labour Organisation, launched yesterday an ASEAN Economic Community (AEC) guidebook that aims at providing employers with practical recommendations to take advantage of regional integration.
The guidebook was developed with the help of local think tank Cambodia Development Research Institute.
It sums up key challenges that Cambodian employers face, such as lack of preparedness for a more inclusive economic region. It recommends that companies, particularly SMEs, become formalised and prepare for the possibility of mergers and acquisitions.
“This book will help Cambodian businesses understand the context and timelines of AEC as well as present them with ever-changing regional economic and commercial opportunities to assist them in the AEC,” said Matthew Rendall, deputy secretary general of CAMFEBA.
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