Cambodia’s Mekong water levels to drop due to power grid maintenance in China
The water outflow at Jinghong hydropower station in China’s Yunnan province is dropping due to power grid maintenance during 5 – 24 January, leading to changes in river water levels along the Mekong River in Thailand, Lao PDR, and Cambodia, according to a press release
Gains not losses: Key factors that affect share prices in the market
Share price fluctuations can either create opportunities for gains for investors – or potentially be the cause of losses. Factors that drive demand (buying orders) higher than supply (selling orders) will generally lead to an increase in stock price. Conversely, any that drive supply higher
Agro sector adopting digital tech
At least 92 per cent of the Kingdom’s agricultural input suppliers use digital payments in their businesses while 45 per cent use e-commerce, a new study found. The research, entitled “Digital Challenges and Opportunities of Agricultural Input Suppliers in Cambodia”, was compiled by the Centre
Thou Vireak
https://www.phnompenhpost.com/business/agro-sector-adopting-digital-tech
ASEAN-Hong Kong FTA set for Feb 12
The part in relation to Cambodia under the ASEAN-Hong Kong free trade agreement (FTA) and Investment Agreement (IA) is set to take effect on February 12, according to Hong Kong’s Trade and Industry Department. The Kingdom will be last country in which the two agreements
Thou Vireak
https://www.phnompenhpost.com/business/asean-hong-kong-fta-set-feb-12
Civil servants’ expense stipends cut
Prime Minister Hun Sen on Tuesday issued a sub-decree on steps to reduce government spending for domestic and foreign missions for national and sub-national administrations due to COVID-19. It set the rules and procedures for implementation of the expense budget for civil servant missions to
Khann Chan Virak
https://www.khmertimeskh.com/50803609/civil-servants-expense-stipends-cut/
Press release on the implementation measures for those who refuse to follow the quarantine procedures
On 05 March 2021, the Ministry of Tourism issued a press release on the implementation measures for those who refuse to follow the quarantine procedures. To strengthen the prevention of COVID-19 transmission in the community, the ministry will take additional legal measures against those who
Ministry of Tourism
IMF’s Georgieva: Cambodian economy to grow 4.2% in 2021
International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 percent this year, following a 3.5 percent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive
May Kunmakara
https://www.phnompenhpost.com/business/imfs-georgieva-cambodian-economy-grow-42-2021
New business activity ongoing despite Coronavirus challenges
Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are
Brian Badzmierowski
https://www.khmertimeskh.com/50840963/new-business-activity-ongoing-despite-coronavirus-challenges/
‘New normal’ recovery map afoot
Cambodia is designing policy for 2021-2023 to chart a path for sustainable and inclusive economic recovery from the Covid-19 crisis, with an approach that ensures peace, security, social stability and public order on the path to the “new normal”, enhances competitiveness and promotes economic diversification
Hin Pisei
https://www.phnompenhpost.com/business/new-normal-recovery-map-afoot
Guar herd caught on camera: ministry
A herd of gaurs with calves was spotted by an infrared-triggered camera trap at one of the Kingdom’s many wildlife sanctuaries, raising hopes among local and international biodiversity conservationists that the species can be saved from extinction, according to the Ministry of Environment on July
Mom Kunthear
https://phnompenhpost.com/national/guar-herd-caught-camera-ministry
His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, will participate in the ASEAN-United Nations Ministerial Meeting (AUMM), to be held via videoconference
On 06 October 2021, the Ministry of Foreign Affairs and International Cooperation issued a press release on His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, will participate in the ASEAN-United Nations Ministerial Meeting (AUMM),
Ministry of Foreign Affairs and International Cooperation
The return of lost Khmer cultural objects to the Kingdom of Cambodia
On September 29, 2021, the Ministry of Culture and Fine Arts issued a press release on the return of lost Khmer cultural objects to the Kingdom of Cambodia.More than 100 stone and bronze Khmer antiquities which will be returned to Cambodia.
Ministry of Culture and Fine Arts
FDI flow drops 50 percent Jan-May
Foreign direct investment (FDI) fell 50 percent Jan-May from the same period in 2020, according to the Ministry of Economy and Finance. Investment projects for the first five months of 2021 were valued at $825 million, a 59 percent drop from results for the same
Chea Vanyuth
https://www.khmertimeskh.com/889495/fdi-flow-drops-50-percent-jan-may/
Cambodia promotes digitalisation of economy and society
Digital technology will play an increasingly important role in spurring economic recovery after the COVID-19 crisis as well as promoting a new, sustainable and more resilient economy, President of the Cambodian National Assembly Heng Samrin said at the first plenum of the 42nd General Assembly
Khmer Times Staff
https://www.khmertimeskh.com/50922385/cambodia-promotes-digitalisation-of-economy-and-society/
The official launch of the national system of distance technical and vocational education and training online
On November 23, 2021, the Ministry of Labor and Vocational Training issued a notification on the official launch of the national system of distance technical and vocational education and training online.The national education system is available on computers, tablets, and smartphones, with the support from
Ministry of Labor and Vocational Training
Bilateral trade with Japan up 12% to nearly $2B in Jan-Oct
Standing as one of the largest economies in Asia, Japan is quickly becoming a prime market for Cambodian goods. Even with both economies embroiled in the Covid-19 crisis, bilateral trade managed to reach $1.96424 billion in the first 10 months of 2020, climbing by 12.2
May Kunmakara
https://www.phnompenhpost.com/business/bilateral-trade-japan-12-nearly-2b-jan-oct
Outcomes of the telephone conversation between His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, with His Excellency Dr. Subrahmanyam Jaishankar, Minister of External Affairs of the Republic of India
On 11 January 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on outcomes of the telephone conversation between His Excellency PRAK Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation of the Kingdom of Cambodia, with His Excellency
Ministry of Foreign Affairs and International Cooperation
Cambodia and Vietnam clock trade volume of nearly $10 billion
The trade volume between Cambodia and Vietnam have touched nearly $10 billion last year despite the Covid fallout. This topic was figured during a recent meeting between Prime Minister Hun Sen and visiting Vietnamese Foreign Minister Bui Thanh Son with both sides committing to cross
Sok Sithika
https://www.khmertimeskh.com/501011866/cambodia-and-vietnam-clock-trade-volume-of-nearly-10-billion/
Ministries warn public about wildfire dangers
The Ministry of Environment and the Ministry of Agriculture, Forestry and Fisheries have jointly called on the public to be very careful about using fire as a means of cooking, clearing wild grass or harvesting forest products because wildfires often occur in natural protected areas
Mom Kunthear
https://www.phnompenhpost.com/national/ministries-warn-public-about-wildfire-dangers
Illegal wildlife snares pose big challenges
The Ministry of Environment remain committed to enforcing laws against the illegal wildlife trade in Cambodia. It said that in 2021, rangers and partner NGO officials removed a total of 61,611 snares installed in natural protected areas. The ministry said the number of snares found
Voun Dara
https://www.phnompenhpost.com/national/illegal-wildlife-snares-pose-big-challenges
