Increased loan access for SMEs
Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...
May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes
Gov’t releases data on timber baron’s deal
Tycoon Try Pheap has collected an estimated 1,500 cubic metres of timber from Forestry Administration offices since the government in July issued his companies permission to confiscate “waste wood” from their offices and from the Ministry of Environment, according to preliminary government figures obtained by ...
Daniel Pye
http://phnompenhpost.com/national/gov%E2%80%99t-releases-data-timber-baron%E2%80%99s-deal
Thailand’s gem industry may move to Cambodia
Cambodia could overtake Thailand’s gem export market to the United States within five years, officials said yesterday. Thailand’s growing economic status could soon disqualify it for tax exemption when exporting gems to the US market, but Cambodia’s standing as a Least Developed Country would allow it ...
January-May rubber exports bounce up 3% on-year
Cambodia exported more than 100,000 tonnes of natural rubber latex in the first five months of 2022, an increase of three per cent year-on-year, amid a four per cent drop in the wholesale going-rate for the milky-white exudate at top-quality, according to the General Directorate ...
Hom Phanet
https://www.phnompenhpost.com/business/january-may-rubber-exports-bounce-3-year
Cambodia’s financial sector still ‘strong’: Belgium’s Incofin
The Cambodian banking sector remains strong and not at significant risk of collapse, despite the occasional incidence of foreign investors pulling back after being spooked by “negative” news stories, according to Belgium-based global impact fund Incofin Investment Management Comm VA. ...
Rann Reuy
https://www.phnompenhpost.com/business/cambodias-financial-sector-still-strong-belgiums-incofin
CDC green lights 15 projects worth nearly $220 million
The Cambodian Special Economic Zone Board (CSEZB) and Cambodian Investment Board (CIB) of the Council for the Development of Cambodia (CDC) have approved 15 investment projects worth $218.3 million with plans to recruit more than 17,000 employees to produce various products at different places, according ...
Kang Sothear
https://www.khmertimeskh.com/501314497/cdc-green-lights-15-projects-worth-nearly-220-million/
Insurance law reform under way
The Council of Ministers last week approved a raft of changes to the country’s insurance laws, a move that industry insiders hope will better reflect the sector’s current state. The draft law, which was prepared by the Ministry of Economy and Finance, has an additional 14 ...
Hor Kimsay
http://www.phnompenhpost.com/business/insurance-law-reform-under-way
Statement of the Labour Advisory Committee
On 26 September 2014 at 3:00 p.m. the Labor Advisory Committee conducted 10th meeting of the 8th mandate at the office of Ministry of Labor and Vocational Training in order to discuss the minimum wage in 2014 for laborers in garment and textile sector and ...
Ministry of Labor and Vocational Training
Banh: The Khmer Rouge worse than sanctions and pressure Khmer Rouge
Minister of National Defence Tea Banh said on Thursday that having sanctions and external pressure placed on Cambodia was not worse than life under the brutal Khmer Rouge regime. Tea Banh, who is also deputy prime minister, was speaking to military and ruling party officials ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/banh-khmer-rouge-worse-sanctions-and-pressure-khmer-rouge
PM wants fast data satellite
Cambodia should have its own satellite to make high-speed broadband available to all, Prime Minister Hun Sen said yesterday. The prime minister also proposed that the Royal Group, a local conglomerate, partner with other companies to make the Kingdom’s satellite dream a reality. Addressing about 600 ...
Sok Chan
http://www.khmertimeskh.com/news/33238/pm-wants-fast-data-satellite/
Free-trade talks continue despite the pandemic
Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTA) negotiations between Cambodia, South Korea, China and ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50717809/free-trade-talks-continue-despite-the-pandemic/
Gov’t reform plan enters 2nd phase
The government has unveiled its second-phase 10-year action plan to continue its implementation of the National Programme for Sub-National Democratic Development (NP-SNDD) for 2021-2030. The first phase will conclude at the end of this year. ...
Voun Dara
https://www.phnompenhpost.com/national/govt-reform-plan-enters-2nd-phase
Justice Ministry reports over 60 percent of lower court cases cleared in 100 days
The Ministry of Justice announced today that it has cleared 63 percent of 8,113 criminal cases at lower courts across the country in the last 100 days as part of the effort to reduce court case backlogs in the Kingdom. ...
Taing Rinith
https://www.khmertimeskh.com/50758070/justice-ministry-reports-over-60-percent-of-lower-court-cases-cleared-in-100-days/
VISA commits to promotion of e-commerce and digital economy of Cambodia
VISA has committed to the enhancement of e-commerce and digital economy of Cambodia, affirmed Chris Clark, VISA’s Regional President for Asia Pacific, while paying a courtesy call on Pan Sorasak, Minister of Commerce, at the ministry office yesterday afternoon. ...
Khmer Times Staff
https://www.khmertimeskh.com/501257303/visa-commits-to-promotion-of-e-commerce-and-digital-economy-of-cambodia/
Ministry offers public Wi-Fi to boosts tourism
The Ministry of Post and Telecommunications has opened Wi-Fi to the public at Ochheuteal and Otres beaches in Preah Sihanouk province to provide free internet service for both locals and foreign guests, aiming to enhance the tourism sector. ...
Samban Chandara
https://www.phnompenhpost.com/national/ministry-offers-public-wi-fi-to-boosts-tourism
Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
Gov’t dismisses judicial reform concerns
Human Rights Watch says three draft laws on the verge of approval by the National Assembly, intended to assure the independence of Cambodia’s courts, would do just the opposite, and has called on the government to withdraw them. The Council of Ministers approved the trio of ...
Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/govt-dismisses-judicial-reform-concerns-58023/
Inflation Report To Be Delayed Official Says
With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...
After Arrests, NGOs Continue Petitioning to ‘Free the 23′
Following the arrest of 11 activists on Tuesday as they attempted to deliver a petition to the U.S. and French embassies seeking the release of 23 jailed protesters, NGO representatives quietly delivered similar petitions to the Japanese Embassy and European Union headquarters Wednesday. The petitioners, representing ...
Aun Pheap and Mech Dara
http://www.cambodiadaily.com/news/after-arrests-ngos-continue-petitioning-to-free-the-23-50966/
Cambodia’s tourism soars
Cambodia’s tourist arrivals registered a 16.9% growth in September according to the country’s statistics and tourist Information department. The country attracted 283,787 visits compared to 242,747 during the same month in 2012. Released by the Ministry of Tourism, late last week, data showed the percentage ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2013/11/cambodias-tourism-soars/