International tourism up but fears for the future
Cambodia earned around $4.91 billion, up 12.4 percent year-on-year from international tourism receipts last year, with 6.61 million international visitors, according to the latest report from the Ministry of Tourism. ...
Sok Chan
https://www.khmertimeskh.com/50695677/international-tourism-up-but-fears-for-the-future
News release on the implementation of the Incentive Policy of Angkor Archaeological Park Pass
On 25 February 2020, Angkor enterprise has issued a news release on the incentive policy of Angkor park pass in order to the support the tourism sector amidst of COVID-19. The new incentive policy will be implemented for four months started from 25 February 2020 ...
Angkor Enterprise
Banks, MDIs urged to provide loans
The National Bank of Cambodia (NBC) has encouraged banks and money-deposit taking institution (MDIs) to continue disbursing loans and possibly suspend interest for businesses impacted by the Covid-19 outbreak, especially in the tourism industry. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-mdis-urged-provide-loans
Banks support NBC proposal
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have expressed support for suggestions the National Bank of Cambodia (NBC) has given to financial institutions to reduce the impact of Covid-19 on the local economy. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-support-nbc-proposal
Nation’s banks adopt NBC’s COVID-19 crisis measures
As COVID-19 continues to carve out a path of economic destruction in the Kingdom, several financial institutions are considering re-classifying their loan-repayment structures to help relieve customers in fiscal trouble, in line with recent guidelines released by the National Bank of Cambodia. ...
Sok Chan
https://www.khmertimeskh.com/50712853/nations-banks-adopt-nbcs-covid-19-crisis-measures/
Financial institutions give their support to NBC’s liquidity plan
The National Bank of Cambodia (NBC) on Wednesday announced the release of two more policies to increase liquidity in the local economy. ...
May Kunmakara
https://www.phnompenhpost.com/business/financial-institutions-give-their-support-nbcs-liquidity-plan
Electronic settlements encouraged
The National Bank of Cambodia (NBC) is encouraging the use of electronic methods for settlements rather than using cash to prevent the possible spread of the COVID-19 pandemic. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50704646/electronic-settlements-encouraged/
Aviation sector calls for government aid
The country’s main airport company, Cambodia Airports, has called for a “global and comprehensive plan” to aid the ailing aviation industry. ...
Chea Vannak
https://www.khmertimeskh.com/50703133/aviation-sector-calls-for-government-aid/
Strong capital, liquidity in financial services
The National Bank of Cambodia (NBC) has affirmed that commercial banking and finances have strong capital and liquidity although Novel Coronavirus outbreak is hitting the country’s economy. ...
Sok Chan
https://www.khmertimeskh.com/50708404/strong-capital-liquidity-in-financial-services/
Riel effort to help local currency
The governor of the National Bank of Cambodia, the nation’s central bank, Chea Chanto, has opened his heart about the future of the domestic currency and the dollar. ...
Khmer Times Staff
https://www.khmertimeskh.com/50709853/riel-effort-to-help-local-currency/
Announcement on the government's decision to temporarily suspend paddy rice and white rice exportation
On 30 March, the Royal Government of Cambodia (RGC) made a decision during the conference held at the National Assembly to ensure food security as well as stability of rice’s price in the market. Upon the decision, the Ministry of Commerce has an honor to ...
Ministry of Commerce
Cambodia-Indonesia trade rise to record high in 2019
Bilateral trade between Cambodia and Indonesia jumped 46 per cent to a record high of more than $792 million last year, from $543 million in 2018, the Ministry of Commerce said. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-indonesia-trade-rise-record-high-2019
Announcement on the detection of methanol in hand-sanitized alcohol products
On 17 April 2020, the Ministry of Commerce issued an announcement on the detection of methanol in hand-sanitized alcohol products. More than 80 tonnes of methanol were found, the announcement said. The ministry also asked businesses, businessmen, companies and individuals to stop selling and distributing ...
Ministry of Commerce
Gasoline prices down by over a third
According to a data graphic from the Ministry of Commerce released on Thursday, regular petrol went from 3,550 riel ($0.88) to 2,250 riel ($0.56) per litre, representing a 36.6 percent decrease. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50714010/gasoline-prices-down-by-over-a-third/
The appeal for readiness on preparation of hotel and tourism accommodation services following the Post COVID-19
On May 08 2020, the Ministry of Tourism of Cambodia appealed to all owners of hotels and tourism accommodation services to take the chance during this COVID-19 crisis to improve the quality of their services and get ready to serve after COVID-19 ends. ...
Ministry of Tourism
High-ranking police officers disciplined for negligence
Interior Minister Sar Kheng issued a warning against five high-ranking police officers in Kampong Thom province after they failed to carry out their duties. However, details of their offence were not disclosed, documents obtained yesterday revealed. ...
Khuon Narim
https://www.khmertimeskh.com/50722517/high-ranking-police-officers-disciplined-for-negligence/
Kingdom set to mark International Day for Biological Diversity
The Ministry of Environment is set to mark the International Day for Biological Diversity on May 22, with a celebration intended to improve cooperation with international partner organisations. The theme of the event is “Our solutions are in nature.” ...
Ry Sochan
https://www.phnompenhpost.com/national/kingdom-set-mark-international-day-biological-diversity
Tourism reports 50 percent increase in two weeks
More than 250,000 tourists have visited popular destinations across the country over the last two weeks, an increase of almost 50 percent compared the previous fortnight in late April, according to the Ministry of Tourism. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726122/tourism-reports-50-percent-increase-in-two-weeks/
Sokha’s case could be delayed until next year: Prime Minister
Prime Minister Hun Sen has said the treason trial of former opposition leader Kem Sokha could be delayed until next year and not held by August, which is when the European Union makes its final decision on partial removal of the Kingdom’s Everything-but-arms trade status. ...
Ben Sokhean
https://www.khmertimeskh.com/50723984/sokhas-case-could-be-delayed-until-next-year-prime-minister/
Cambodia ‘easy’ on EU-Vietnam trade deal
Cambodia will not show concern over the impact of the ratification of the European Union (EU)-Vietnam Free-Trade Agreement (EVFTA) which is expected to enter into force on Aug 1, according to senior government officials. ...
Sok Chan
https://www.khmertimeskh.com/50732206/cambodia-easy-on-eu-vietnam-trade-deal/