Securities Exchange Commission says there is no lack of auditors
The Securities Exchange Commission of Cambodia (SECC) has responded to concerns that a lack of licensed auditors may be affecting listed companies’ ability to submit interim financial results in full and on time to the market regulator.
Harrison White
https://www.khmertimeskh.com/50780007/securities-exchange-commission-says-there-is-no-lack-of-auditors/
Figures on flood-damaged paddies across nation released
More than 290,000 hectares of paddy fields were inundated and over 87,000 hectare of paddy fields were damaged across the country as of Oct 27 because of flash flooding, according to a report from the National Committee for Disaster Management (NCDM).
Sok Chan
https://www.khmertimeskh.com/50779985/figures-on-flood-damaged-paddies-across-nation-released/
SME Bank of Cambodia open for business
The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local small and medium enterprises with an objective to increase economic
Sok Chan
https://www.khmertimeskh.com/50780008/sme-bank-of-cambodia-open-for-business/
Cambodia registers its 301st COVID-19 positive case
A 35 year old American female became Cambodia’s 301st COVID-19 positive victim. She was found to be infected after arriving from the United States via Seoul, South Korea on Wednesday, 4 November.
Khmer Times Staff
https://www.khmertimeskh.com/50781850/cambodia-registers-its-301st-covid-19-positive-case/
Intruders ordered to remove constructions on Mondulkiri hills
Mondulkiri officials issued a six-day ultimatum on constructions encroaching on the Doh Kramom Mountain Cultural Centre in Sen Monorom town’s Sokdum commune.
Soth Koemsoeun
https://www.phnompenhpost.com/national/intruders-ordered-remove-constructions-mondulkiri-hills
Over 110 garment factories close
A government official said on November 22 that at least 110 garment factories had closed in the first nine months of the year and left more than 55,000 workers without jobs – but union leaders worry those numbers could be much higher.
Mom Kunthear
https://www.phnompenhpost.com/national/over-110-garment-factories-close
Digitally adapting to economic challenges
As many small and medium-sized enterprises (SMEs) struggle to stay afloat because of current economic challenges, many entrepreneurs in the kingdom are adapting and taking advantage of opening businesses online and using social media and its technology as a business tool.
Jason Boken
https://www.khmertimeskh.com/50784394/digitally-adapting-to-economic-challenges/
Seeds sown for Stung Treng agriculture
Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26.
Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture
Duch, Chief of Khmer Rouge’s S-21 prison dies
Duch, the former director of the Khmer Rouge’s S-21 interrogation center in Phnom Penh’s Tuol Sleng, has passed away due to illness at 00:51 a.m on 2 September 2020, Extraordinary Chambers in the Courts of Cambodia Spokesman Neth Pheaktra.
Khmer Times Staff
https://www.khmertimeskh.com/50759743/duch-chief-of-khmer-rouges-s-21-prison-dies/
Press Release by the National Co-Prosecutor on the passing of the convicted person Kaing Guek Eav alias Duch
On 02 September 2020, the National Co-Prosecutor issued a press release wishing to inform the public that the Convicted Person Kaing Guek Eav alias Duch, Cambodian, passed away in the Khmer-Soviet Friendship Hospital on 2 September 2020 at 00:51.
Extraordinary Chambers in the Courts of Cambodia
Action plan to bolster CLMV economic growth approved
Cooperation in trade and investment, human resources, and post-pandemic economic recovery will be the focus of a 2021-2022 joint plan of action freshly adopted by Cambodia, Laos, Myanmar and Vietnam (CLMV) at the 12th CLMV Economic Ministers Meeting.
Khmer Times Staff
https://www.khmertimeskh.com/50758411/action-plan-to-bolster-clmv-economic-growth-approved/
Fisheries exports struggling to remain afloat, need gov’t push
Cambodia exported 1,372 tonnes of fisheries products to the international market in the first half of this year, sinking around 80 per cent from 8,710 tonnes in the same period last year, a Ministry of Agriculture, Forestry and Fisheries report said.
Thou Vireak
https://www.phnompenhpost.com/business/fisheries-exports-struggling-remain-afloat-need-govt-push
Press release: Outcome of the official visit of His Excellency MOTEGI Toshimitsu, Minister for Foreign Affairs of Japan to the Kingdom of Cambodia on 21-22 August 2020
On 22 August 2020, the Ministry of Foreign Affairs and International Cooperation issued a press release regarding the outcome of the official visit of His Excellency MOTEGI Toshimitsu, Minister for Foreign Affairs of Japan to the Kingdom of Cambodia on 21-22 August 2020.
Ministry of Foreign Affairs and International Cooperation
Hotel fees to rise during holiday
The upcoming national holidays will increase accommodation fees and prices of other tourism services after so many businesses lost money for a half year after closing because of COVID-19. More people are expected to travel nationwide.
Sorn Sarath
https://www.khmertimeskh.com/50746693/hotel-fees-to-rise-during-holiday/
Course on boosting hospitality skills
The Ministry of Tourism has launched the second phase of a skills development programme to promote human resource abilities in the Kingdom’s tourism sector. Pak Sokhom, the Ministry of Tourism’s secretary of state, said that the programme will provide young people with vocational skills, create
Sorn Sarath
https://www.khmertimeskh.com/50747286/course-on-boosting-hospitality-skills/
National Assembly approves 1,000 MW coal-fired plant projects
National Assembly this morning approved coal-fired power projects with a production capacity of nearly 1,000MW. The approval was made in an extraordinary parliamentary session chaired by Samdech Akka Moha Ponhea Chakrei Heng Samrin, President of NA, with 108 lawmakers in attendance.
Chea Vannak
https://www.khmertimeskh.com/706085/national-assembly-approves-1000-mw-coal-fired-plant-projects/
‘Free-trade agreements the future’
Having a free-trade agreement (FTA) with more trade partners would help mitigate the Kingdom’s loss from the European Union’s partial withdrawal of the Everything- but-Arms (EBA) trade status in the future because the country has already completed one with China.
Sorn Sarath
https://www.khmertimeskh.com/50748810/free-trade-agreements-the-future/
CMAC discourages use of pagoda bells made from war remnants
Two pagodas, one each in Stung Treng and Kandal provinces, have agreed to stop using bells made out of metal from remnants of war following the advice of the Cambodian Mine Action Center in a message posted on his Facebook page today.
Som Kanika
https://www.khmertimeskh.com/50748793/cmac-discourages-use-of-pagoda-bells-made-from-war-remnants/
The EU’s tax free status partially withdrawn
THE Kingdom’s annual $7 billion garment and textile sector will see the partial loss of a preferential zero-tax trade deal provided by the European Union (EU) from today as the Cambodia-China free-trade agreement (FTA) is on its way for final signing.
Sorn Sarath
https://www.khmertimeskh.com/50753939/the-eus-tax-free-status-partially-withdrawn/
Small banks ‘underperform’ in thriving sector
As the Kingdom’s energetic banking sector rockets at an average annual rate of 28 per cent and teems with an ever-increasing number of new players vying for a slice of the market, smaller banks have been left in the dust.
May Kunmakara
https://www.phnompenhpost.com/business/small-banks-underperform-thriving-sector
