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
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/
Organic veggie farms in Prey Veng hit by smaller market, price decrease
Supplies of organic vegetables in Prey Veng province have decreased as growers have had to confront challenges due to markets shutting down during the Covid-19 pandemic and a price decrease.
Post Staff
https://www.phnompenhpost.com/national/organic-veggie-farms-prey-veng-hit-smaller-market-price-decrease
New community proposed to protect Stung Sen Ramsar site
Fifty-one families, equivalent to 87% of the total number of households in Phat Sanday commune, Kampong Svay district, Kampong Thom province, have applied to establish a new community in the Stung Sen Ramsar site for the protection and conservation of natural resources by local villagers
Son Minea
https://www.khmertimeskh.com/50938052/new-community-proposed-to-protect-stung-sen-ramsar-site/
Ministry of Agriculture requests continued assistance from ADB
The Cambodian Minister of Agriculture expressed gratitude and requested the continued aid from the Asian Development Bank (ADB) in a call with ADB’S Country Director for Cambodia.
Khmer Times Staff
https://www.khmertimeskh.com/50950265/ministry-of-agriculture-requests-continued-assistance-from-adb/
National Bank of Cambodia announces $50 million auction tomorrow
The National Bank of Cambodia has issued a notice to banks, microfinance institutions and exchange traders to participate in the auction of US $50,000,000 for October 12, 2021.
Khmer Times Staff
https://www.khmertimeskh.com/50949491/national-bank-of-cambodia-announces-50-million-auction-tomorrow/
Kuoy families in Preah Vihear worry over land issue
More than 250 indigenous Kuoy families in Preah Vihear province have refused to accept compensation from a gold mining company that has offered them just $500 per hectare of land.
Yin Soeum
https://www.khmertimeskh.com/50929763/kuoy-families-in-preah-vihear-worry-over-land-issue/
The National Assembly to approve seven draft laws next week
The lawmakers will discuss and approve seven draft laws during the sixth session of sixth legislature mandate next week, according to a statement released by the National Assembly’s secretariat yesterday.
Sar Socheath
https://www.khmertimeskh.com/50928395/the-national-assembly-to-approve-seven-draft-laws-next-week-2/
COVID-19 situation in Cambodia becomes cause for serious concern amid increasing infections and deaths – WHO
World Health Organization (WHO) Representative to Cambodia Li Ailan expressed concerns over a spike in new cases and deaths, urging greater community participation to suppress transmission.
