The National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the association of Banks in Cambodia (aBC) and the Cambodia Microfinance association (CMa) last week. <a href='https://opendevelopmentcambodia.net/news/banks-and-fi-loan-restructuring-extended-until-mid-2021/ ' class='cambodia-color'>...a>

The Logistics Business AssociAtion (LobA) on November 20 signed A memorAndum of understAnding (MoU) with the EuropeAn AmericAn ChAmber of Commerce And Industry (Belgium) Beijing RepresentAtive Office (EAchAm) to further enhAnce CAmbodiA-ChinA trAde, investment And freight relAtions. <A href='https://opendevelopmentcAmbodiA.net/news/lobA-eAchAm-ink-mou-to-up-trAde-freight/ ' clAss='cAmbodiA-color'>...A>

The Ministry of Economy and Finance on November 20 issued Prakas No 962 SHV BrK on Tax Debt Management. The new prakas sets forth rules and procedures relating to tax debt management and aims to ensure a more efficient, effective and transparent collection process. <a href='https://opendevelopmentcambodia.net/news/prakas-on-tax-debt-management-issued/ ' class='cambodia-color'>...a>

A new three-stAge protocol wAs Announced yesterdAy by the Ministry of HeAlth for Any meetings with the King And Queen Mother, As well As meeting with Prime Minister Hun Sen, Heng SAmrin, president of the NAtionAl Assembly And SAy Chhum, president of the SenAte. <A href='https://opendevelopmentcAmbodiA.net/news/ministry-of-heAlth-initiAlises-three-stAge-protocol-for-delegAtions/ ' clAss='cAmbodiA-color'>...A>

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. <a href='https://opendevelopmentcambodia.net/news/premier-hun-sen-seeks-more-investment-from-the-us/ ' class='cambodia-color'>...a>

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 the&iacute;r future  and staff cutbacks. <a href='https://opendevelopmentcambodia.net/news/devastating-drop-in-numbers-at-phnom-penhs-museums/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/police-officer-accused-of-threatening-couple-with-gun/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/pm-says-sanctions-hinder-progress/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/nbc-makes-argument-for-more-use-of-riels/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/uncertainty-remains-over-economic-outlook/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/national-assembly-passes-gambling-bill/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/hunt-for-military-captain-in-kampong-speu-timber-crime-case/ ' class='cambodia-color'>...a>

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.​ <a href='https://opendevelopmentcambodia.net/news/single-portal-integrated-registration-system-welcomes-nearly-50-firms/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/crisis-talks-on-threat-to-rice-imports/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/cambodia-malaysia-boost-military-ties/ ' class='cambodia-color'>...a>

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.​ <a href='https://opendevelopmentcambodia.net/news/guidelines-set-for-resumption-of-japan-cambodia-flights/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/cambodias-energy-demand-drops-in-h1-of-2020/ ' class='cambodia-color'>...a>

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 <a href='https://opendevelopmentcambodia.net/news/ministry-of-education-creates-research-fund-to-promote-innovation/ ' class='cambodia-color'>...a>

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. <a href='https://opendevelopmentcambodia.net/news/pestech-approved-for-cambodia-stock-market/ ' class='cambodia-color'>...a>

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. <A href='https://opendevelopmentcAmbodiA.net/news/frAnce-provides-1-7million-for-cAmbodiAs-tourism-sector/ ' clAss='cAmbodiA-color'>...A>