Premier Hun Sen seeks more investment from the US
Prime Minister Hun Sen yesterday said that although the COVID-19 pandemic has caused a severe impact on many Cambodians’ livelihoods and the economy, the government will not slow down its reform and development in any sector.
Sok Chan
https://www.khmertimeskh.com/50765232/premier-hun-sen-seeks-more-investment-from-the-us/
Devastating drop in numbers at Phnom Penh’s museums
Some of Phnom Penh’s most renowned museums have seen a drop in visitors of up to 95 percent because of the COVID-19 pandemic and lack of tourism, leaving worries about theír future and staff cutbacks.
Jason Boken
https://www.khmertimeskh.com/50757894/devastating-drop-in-numbers-at-phnom-penhs-museums/
Police officer accused of threatening couple with gun
National Police Chief General Neth Savoeun ordered the anti-terrorism unit yesterday to summon Colonel Thlang Phinra, police chief of the Anti-Terrorism Office of the Ministry of Interior, who allegedly threatened two restaurant owners with a gun.
Khann Chanvirak
https://www.khmertimeskh.com/50766131/police-officer-accused-of-threatening-couple-with-gun/
PM says sanctions hinder progress
Prime Minister Hun Sen is due on Saturday to emphasise the key role of “multilateralism for global peace” as well as the emerging “unilateral sanction” being a threat to international law at the United Nations General Assembly.
Ben Sokhean
http://khmertimeskh.com/50766057/pm-says-sanctions-hinder-progress/
NBC makes argument for more use of riels
National Bank of Cambodia Governor Chea Chanto said Cambodia needs a strong national currency to strengthen its economic and financial resilience to underlying crises, as well as to support sustainable and inclusive socio-economic growth and development.
Sok Chan
https://www.khmertimeskh.com/50767469/nbc-makes-argument-for-more-use-of-riels/
‘Uncertainty’ remains over economic outlook
The World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase.
Harrison White
https://www.khmertimeskh.com/50767885/uncertainty-remains-over-economic-outlook/
National Assembly passes gambling bill
The National Assembly (NA) opened the 5th Plenary Session of the 6th Legislature on Monday and approved a draft law concerning management of the gambling business.
Soth Koemsoeun
https://www.phnompenhpost.com/national/national-assembly-passes-gambling-bill
Hunt for military captain in Kampong Speu timber crime case
Kampong Speu provincial authorities are on the hunt for Choeung Theng, a military officer allegedly connected to 191 pieces of illegally acquired timber which police found concealed in Oral district’s Sangke Satoap commune.
Soth Koemsoeun
https://www.phnompenhpost.com/national/hunt-military-captain-kampong-speu-timber-crime-case
‘Single Portal’ integrated registration system welcomes nearly 50 firms
Forty-seven companies have successfully registered via a newly-launched information technology e-business registration platform as of the end of the second week of this month, Ministry of Economy and Finance secretary of state Phan Phalla said.
Thou Vireak
https://www.phnompenhpost.com/business/single-portal-integrated-registration-system-welcomes-nearly-50-firms
Crisis talks on threat to rice imports
The Commerce Ministry and Cambodia Rice Federation (CRF) had an urgent meeting about the USA Rice Federation to the The United States International Trade Commission (USITC) on the eliminating a trade benefit on rice imported to US including from Cambodia.
Sok Chan
https://www.khmertimeskh.com/50744806/crisis-talks-on-threat-to-rice-imports/
Cambodia, Malaysia boost military ties
Malaysian ambassador to Cambodia Eldeen Husaini said he expects a joint military drill with Cambodia to happen next year while military courses under the Malaysian Defence Cooperation Programme (MDCP) could be brought directly to the Kingdom.
Niem Chheng
https://www.phnompenhpost.com/national/cambodia-malaysia-boost-military-ties
Guidelines set for resumption of Japan-Cambodia flights
Conditions regarding the reopening of flights between Japan and Cambodia were discussed during a meeting between Prak Sokhonn, Minister of Foriegn Affairs Cambodia and Motegi Toshimitsu, Minister of Foreign Affairs of Japan on Saturday afternoon at the Ministry of Foreign Affairs in Capital.
Khmer Times Staff
https://www.khmertimeskh.com/50755999/guidelines-set-for-japan-cambodia-flights/
Cambodia’s energy demand drops in H1 of 2020
Energy demand has seen a decrease in the first six months of 2020 due to COVID-19 pandemic, which had forced factories, tourism-related facilities including hotels to shut down, leading to the drop in power consumption.
Chea Vannak/AKP
https://www.khmertimeskh.com/50755733/cambodias-energy-demand-drops-in-h1-of-2020/
Ministry of Education creates research fund to promote innovation
Cambodian Ministry of Education, Youth and Sports (MoEYS) has established a Research Creativity and Innovation Fund (RCI Fund) to contribute to promoting the culture of research, creativity and innovation for the benefit of the education, youth and sports in response to the labour market and
Phal Sophanith/AKP
https://www.khmertimeskh.com/50756984/ministry-of-education-creates-research-fund-to-promote-innovation/
PESTECH approved for Cambodia stock market
PESTECH (Cambodia) Plc, a subsidiary of Malaysia-based PESTECH International Bhd, has been granted an approval to proceed with its Initial Public Offering (IPO) on the Cambodia Securities Exchange (CSX), the company announced.
Sorn Sarath
https://www.khmertimeskh.com/50747627/pestech-approved-for-cambodia-stock-market/
France provides $1.7million for Cambodia’s tourism sector
The French government, through the French Agency for Development (AFD), has provided a grant of 1.5 million euro ($ 1.7 million) to help restore Cambodia’s post-Covid-19 tourism sector, according to the Ministry of Tourism.
Khmer Times Staff
https://www.khmertimeskh.com/50748433/france-provides-1-7million-for-cambodias-tourism-sector/
Rong Chhun charged with incitement over border comments
The Phnom Penh Municipal Court has charged outspoken union leader Rong Chhun for incitement to commit a felony over comments he made about demarcation border posts between Cambodia and Vietnam, which the government has said is disinformation.
Khuon Narim
https://cambojanews.com/rong-chhun-charged-with-incitement-over-border-comments/
Over 1,000 diagnosed with chikungunya
Chikungunya has spread to 12 provinces across the Kingdom, with over a thousand patients testing positive for the vector-borne disease between July 19 and 31, the Ministry of Health announced on Saturday.
Khann Chanvirak
https://www.khmertimeskh.com/50751044/over-1000-diagnosed-with-chikungunya/
Cambodia Diversifying Its Products and Markets
Diversification of the products and markets is a high priority of the Royal Government of Cambodia, said Phay Siphan, Minister Attached to the Prime Minister and Chairman of the Royal Government Spokesperson Unit, on his official Facebook page this morning.
Heng Panha/AKP
https://www.khmertimeskh.com/50755239/cambodia-diversifying-its-products-and-markets/
Cambodia collects close to $1.9 billion in fiscal revenue in first seven months
The General Department of Taxation (GDT) collected 7,605.46 billion Riel (approximately $1,877.89 million) as tax revenue in the first seven months of this year, a 9.6 percent increase compared to the same period last year.
Phal Sophanith/AKP
https://www.khmertimeskh.com/50755254/cambodia-collects-close-to-1-9-billion-in-fiscal-revenue-in-first-seven-months/
