Koh Kong multi-purpose sea port breaks ground
The government on May 13 broke ground on the construction of a $1.5 million medium-sized multi-purpose sea port in Koh Kong province to boost trade and tourism between Cambodia and Thailand.
Thou Vireak
https://www.phnompenhpost.com/business/koh-kong-multi-purpose-sea-port-breaks-ground
4.1 million tonnes of agricultural products exported in first five months
Cambodia exported some 4.1 million tons of agricultural products in the first five months of this year, a 1.1 million increase over the same period last year.
Khmer Times Staff
https://www.khmertimeskh.com/50862233/4-1-million-tonnes-of-agricultural-products-exported-in-first-five-months/
Gov’t to launch new, improved NSSF healthcare payment app
A new mobile medical treatment and care payment application developed by the National Social Security Fund (NSSF), costing around $80,000, will be completed by November this year.
Mao Chanvireak
https://www.khmertimeskh.com/50862988/govt-to-launch-new-improved-nssf-healthcare-payment-app/
Cambodia’s Thailand exports fall 41 percent in first four months
Cambodian exports to neighbouring Thailand were valued at $402 million in the first four months of this year, a 41 percent decrease compared with the same period last year.
Chea Vanyuth
https://www.khmertimeskh.com/50863906/cambodias-thailand-exports-fall-41-percent-in-first-four-months/
Kandal Province to start large-scale vaccination program
Kandal province is set to begin a wide spread vaccination drive that will encompass 11 towns, tomorrow, June 10, 2021. The vaccination will be for the general public and workers.
Khmer Times Staff
https://www.khmertimeskh.com/50871083/kandal-province-to-start-large-scale-vaccination-program/
Phnom Penh Administration’s decision on preventive measures for Covid-19, decision made on 2 June
The Phnom Penh authorities had issued a decision on the night of June 2 on measures to be adopted to curb the surge of Covid-19 in the city.
Khmer Times Staff
https://www.khmertimeskh.com/50868003/phnom-penh-administrations-decision-on-preventive-measures-for-covid-19-decision-made-on-2-june/
Global economic rebound to lift Cambodia’s export and investment
The National Bank of Cambodia (NBC)’s Governor Chea Chanto has said that the global economic recovery will support Cambodia’s export and investment sectors, reinforcing its position as a pillar of support for relevant sectors, to boost the national economy into positive growth and sow the
Khmer Times Staff
https://www.khmertimeskh.com/50901911/global-economic-rebound-to-lift-cambodias-export-and-investment/
Cambodia-S. Korea latest trade valued at $451 mn
Bilateral trade between Cambodia and South Korea is growing ahead of a draft bilateral trade agreement expected to be signed and put into effect by the end of this year.
Chea Vanyuth
https://www.khmertimeskh.com/50903734/cambodia-s-korea-latest-trade-valued-at-451-mn/
WHO: collective action necessary to prevent Delta variant disaster
The World Health Organisation (WHO) in Cambodia on July 30 called on people from all walks of life to make a concerted effort to stamp out the spread of the novel coronavirus.
Lay Samean
https://phnompenhpost.com/national/who-collective-action-necessary-prevent-delta-variant-disaster
Agricultural exports rise 87% in first seven months despite rice shipment drop
Cambodia exported nearly $3 billion worth of agricultural products in the first seven months of the year, a rise of more than 87 percent over the same period in 2020.
Khmer Times Staff
https://www.khmertimeskh.com/50906370/agricultural-exports-rise-87-in-first-seven-months-despite-rice-shipment-drop/
GDT and Japanese embassy hosts virtual discussion with investors
The General Department of Taxation at the Ministry of Economy and Finance and Japanese Embassy to Cambodia held a virtual discussion Monday in conjunction with the Japanese embassy on tax considerations for Japanese investors.
Chea Vanyuth
https://www.khmertimeskh.com/50908193/gdt-and-japanese-embassy-hosts-virtual-discussion-with-investors/
PM: Learn new skills and change career
For those in the business of touch or hands-on service, such as that of a masseuse, the future looks bleak with their career on ice due to the Covid-19 pandemic.
Sen David
https://www.khmertimeskh.com/50908738/pm-learn-new-skills-and-change-career/
$37M 60MW Kampong Chhnang solar farm to break ground soon: official
Prime Road Alternative (Cambodia) Co Ltd will soon break ground on a 60MW solar power plant in southwestern Kampong Chhnang province valued at $37.4 million.
Thou Vireak
https://www.phnompenhpost.com/business/37m-60mw-kampong-chhnang-solar-farm-break-ground-soon-official
Cambodia, China renew pledge for $10B in trade value by 2023
Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce.
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023
IMF approves $240M grant for pandemic recovery fund
The International Monetary Fund (IMF) has approved a $240 million grant to Cambodia to rehabilitate its economy and recover from the affects of the Covid-19 pandemic.
Ry Sochan
https://www.phnompenhpost.com/national/imf-approves-240m-grant-pandemic-recovery-fund
City Hall plans to extend Phnom Penh curfew
Phnom Penh City Hall will extend the curfew with additional measures to prevent the spread of Covid-19, especially the Delta variant, following a series of community-based infections.
Tith Kongnov
https://www.khmertimeskh.com/50918766/city-hall-plans-to-extend-curfew/
Draft social protection law unveiled
The government has drawn up a “Draft Law on Social Protection System” to ensure minimum standards of well-being and reduce economic and financial vulnerabilities.
Thou Vireak
https://www.phnompenhpost.com/business/draft-social-protection-law-unveiled
Economy will grow 2.2% before recovery, says IMF
The International Monetary Fund says Cambodia’s gross domestic product (GDP) will grow 2.2 percent this year, down from a previous forecast of 4.2 percent annual growth. GDP was minus 3.1 percent last year after average annual growth of 7 percent in previous years.
Michael Firn
https://www.khmertimeskh.com/50944430/economy-will-grow-2-2-before-recovery-says-imf/
Warning issued on possible effects of ’17th Typhoon’ on Cambodia
The Ministry of Water Resources has issued a notification stating that:On October 8, active low pressure occurred in the Philippines. This active low pressure will gradually increase its impact into the South China Sea, possibly increasing its impact to the 17th typhoon (not yet officially
Khmer Times Staff
https://www.khmertimeskh.com/50947163/warning-issued-on-possible-effects-of-17th-typhoon-on-cambodia/
75 investment projects approved in first eight months this year
The Council for the Development of Cambodia approved 75 private investment projects outside special economic zones during the first eight months of the year, a year-on-year decrease of 28 percent.
Chea Vanyuth
https://www.khmertimeskh.com/50948049/75-investment-projects-approved-in-first-eight-months-this-year/
