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Wind power on horizon

An 80MW wind power investment project in Kampot province will be ready to deliver electricity as soon as the developer completes negotiating a power purchase agreement with state-run electricity supplier Electricite du Cambodge (EdC). ...

Hin Pisei
https://www.phnompenhpost.com/business/wind-power-horizon

Four sent to court for bulldozing wetlands

The Kampong Thom provincial authorities sent four suspects to the provincial court on Monday after they were arrested the day before for clearing an area of flooded forest with a tractor in Khsach Chi Ros village, Kampong Kor commune, Kampong Svay district. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/four-sent-court-bulldozing-wetlands

Kingdom ‘has done more virus tests than some neighbours’

With no new reported coronavirus  cases over the past eight days, the Ministry of Health as of yesterday has tested nearly 10,000 specimens for possible infections in the Kingdom, showing a higher ratio compared with some other Asean members.​ ...

Ben Sokhean
https://www.khmertimeskh.com/50715191/kingdom-has-done-more-virus-tests-than-some-neighbours/

Protest leader assistant to PM

The head of the youth group seen leading a protest outside the National Assembly in October – attendees of which brutally assaulted two opposition lawmakers – is an assistant to Prime Minister Hun Sen, according to a decree released online.​​​​​​ ...

Shaun Turton and Chhay Channyda
http://www.phnompenhpost.com/national/protest-leader-assistant-pm

GMAC demands all payment from buyers

The Garment Manufacturers Association (GMAC) in Cambodia has reiterated an appeal to buyers to source their goods from Cambodia as the economic situation becomes worse with nearly 200 factories suspending their operations because of the COVID-19 pandemic. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50719909/gmac-demands-all-payment-from-buyers/

PM returns from Singapore hospital

Prime Minister Hun Sen returned to Cambodia yesterday after an urgent medical examination in Singapore due to exhaustion. The premier was forced to cancel diplomatic meetings and ceremonies last week and was rushed abroad for treatment. ...

Meas Sokchea
http://www.phnompenhpost.com/national/pm-returns-singapore-hospital

Equipment sale ordered to pay wages

The Phnom Penh Municipal Court has issued a warrant for the temporary seizure of Top World Garment Cambodia Ltd’s property in order to get the employer to appear and find a solution for workers still owed their December salaries. ...

Sen David
http://www.phnompenhpost.com/national/equipment-sale-ordered-pay-wages

Tycoon and ex-vice governor charged over land grab

Phnom Penh Municipal Court today charged and detained a former vice-governor of Battambang province and a property Tycoon accused of bribery and embezzlement over grabbing nearly 5,000 hectares of state land in Battambang Province’s Kuos Kralor district. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50742353/tycoon-and-ex-vice-governor-charged-over-land-grab/

New tech centre given boost to help digital startups

The Cambodian government issued a sub-decree establishing the new Techo Startup Centre (TSC) as a public administrative institution aimed at providing opportunities for young people, students and researchers to create new businesses in accordance with the trends and momentum of advancing digital technology. ...

Sok Chan
https://www.khmertimeskh.com/50742408/new-tech-centre-given-boost-to-help-digital-startups/

Hope sprouting for growers as more farming contracts inked

Contract farming in Cambodia has witnessed sharp growth this year, with 516 contracts signed so far this year, eclipsing the 498 for the whole of last year – proving the merits of the scheme, Minister of Agriculture, Forestry and Fisheries Veng Sakhon said on Thursday. ...

Hin Pisei
https://www.phnompenhpost.com/business/hope-sprouting-growers-more-farming-contracts-inked

Rice exports hindered by a number of factors, says an insider

In 2015, the government set a target for 1 million tonnes of rice exports by 2020. It will miss it this year with an expected 800,000 tonnes and has reset it for next year. ...

Sorn Sarath
https://www.khmertimeskh.com/50779265/rice-exports-hindered-by-a-number-of-factors-says-an-insider/

Kampong Chhnang journalist denies inciting villagers against military

The owner of a provincial radio station, Sok Oudom, maintained he had not incited villagers in Kampong Chhnang province against the military during his incitement trial on Tuesday, with a verdict expected on November 17. ...

Khuon Narim
https://cambojanews.com/kampong-chhnang-journalist-denies-inciting-villagers-against-military/

Food system needs to be strengthened, Hun Sen says

Prime Minister Hun Sen has urged strengthening the food safety and quality control system in Cambodia to enable healthy diets which he said are vital to human capital development. ...

Long Kimmarita
https://www.phnompenhpost.com/national/food-system-needs-be-strengthened-hun-sen-says

KrisEnergy seeks additional delay to Cambodia Block A scheduled oil extraction

A senior official of the General Department of Petroleum at the Ministry of Mines and Energy said the ministry is reviewing a request letter from Singapore-listed company KrisEnergy asking for a delay to the start of oil extraction in Cambodia Block A. ...

Sok Chan
https://www.khmertimeskh.com/50783454/krisenergy-seeks-additional-delay-to-cambodia-block-a-scheduled-oil-extraction/

MFI credit risk relatively low, NBC’s Serey says

On the basis that non-performing loans stood around 2.3 percent as of August 31, 2020, credit risk in the microfinance sector remains relatively low, said National Bank of Cambodia assistant governor and director-general Chea Serey. ...

Sangeetha Amarthalingam
https://www.phnompenhpost.com/business/mfi-credit-risk-relatively-low-nbcs-serey-says

Cambodia ‘ripe’ for money laundering

Cambodia is ripe for money-laundering and terrorist financing activities due to rampant corruption, banking-sector secrecy and an overall lack of financial transparency, a governance institute says in a report released this week. The Switzerland-based Basel institute on Governance has ranked Cambodia the third “highest-risk” country out of 144 ...

http://www.phnompenhpost.com/index.php/2012051056082/National-news/cambodia-ripe-for-money-laundering.html

Fiscal revenue growth revised down

The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...

Harrison White
https://www.khmertimeskh.com/50777271/fiscal-revenue-growth-revised-down/

Achieving energy efficiency crucial to Kingdom’s economy

As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...

Jason Boken
https://www.khmertimeskh.com/50783204/achieving-energy-efficiency-crucial-to-kingdoms-economy/

Cassava prices increase as harvest starts

From November this year, the cassava harvest season starts in some provinces while the price of cassava reportedly saw an increase compared to that of last year, as this year’s yield is projected to be lower due to flash floods. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50783945/cassava-prices-increase-as-harvest-starts/

Premier Hun Sen seeks more investment from the US

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. ...

Sok Chan
https://www.khmertimeskh.com/50765232/premier-hun-sen-seeks-more-investment-from-the-us/

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