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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

PM Discusses Progress of Capitalism Linked to Socio-economic Development

  • Posted Oct 3, 2022 09:27 by Hun Sirivadh
  • 1851
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PHNOM PENH: Prime Minister Hun Sen remarked on the growth of the private sector during the graduation ceremony for students of Vanda Institute on Monday morning, 3 October, and said that this growth has provided progress to society and economy, helping develop Cambodia’s human resources.

Prime Minister Hun Sen said that the growth of the private sector has created jobs for Cambodians and private companies have also made progress that contributes to society and the economy, including the payment of taxes to the state.

"The private sector grows; it contributes to the society and economy,” he said.

The Prime Minister also made reference to the Marxist theory of Lenin, who stated that the capitalist class needs workers for their growth, and the workers also need capitalists to grow.

PHOTO: Yuthkun

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