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New MoU will make loans easier to decide and repay

Agriculture Rural Development Bank (ARDB) together with Wing (Cambodia) Ltd Specialized Bank and Cambodia Investors Corp (CIC) inked a memorandum of understanding (MoU) to facilitate loan repayments, encourage the use of digital banking and to provide information to borrowers to guarantee the credit deal. ...

Sok Chan
https://www.khmertimeskh.com/50727796/new-mou-will-make-loans-easier-to-decide-and-repay/

EU to contribute to nation’s new water treatment plant

The European Investment Bank (EIB) has said it secured a 12.7 million euro (nearly $14 million) grant from the European Union for the construction of the Bakheng Water Treatment Plant and its 500 kilometres of distribution network in Phnom Penh.​ ...

Sok Chan
https://www.khmertimeskh.com/50724747/teu-to-contribute-to-nations-new-water-treatment-plant/

Cambodia-U.S. trade volume reaches $2.1 billion in first four months

The trade volume between Cambodia and U.S. has reached $2.1 billion in the first four months of the year which goes up to 29.31 percent compared to the same period of 2019 which was shared by the U.S Trade Bureau. ...

Khmer Times Staff
https://www.khmertimeskh.com/50732492/cambodia-u-s-trade-volume-reaches-2-1-billion-in-first-four-months/

Telcos still vie for subscribers

The battle for subscriber numbers rages on in the still-clustered Cambodian mobile market. Smart Mobile this week announced it passed the 3 million-subscriber mark, which would make it Cambodia’s second-largest operator by subscriber numbers after Vietnam’s Metfone. Numbers obtained by the Post showed Cellcard with a consecutive ...

http://www.phnompenhpost.com/index.php/2012061456789/Business/telcos-still-vie-for-subscribers.html

Steung Trang-Krouch Chhmar Bridge completed 87 percent

The construction of a bridge connecting Kampong Cham’s Steung Trang and  Tbong Khmum’s Krouch Chhmar District has been completed 87.5 percent by May and is scheduled for completion by March 2021, according to the Ministry of Public Works and Transport. ...

Sok Chan
https://www.khmertimeskh.com/50729718/steung-trang-krouch-chhmar-bridge-completed-87-percent/

Cambodia’s garment, footwear sectors propose EU postpone EBA withdrawal

The Garment Manufacturers Association in Cambodia (GMAC), the Cambodia Footwear Association (CFA) and the European Chamber of Commerce in Cambodia (EuroCham) on June 2 requested the European Commission to postpone its withdrawal of the ‘Everything But Arms’ (EBA) preferential trade scheme for 12 months so ...

Khmer Times Staff
https://www.khmertimeskh.com/50730205/cambodias-garment-footwear-sectors-propose-eu-postpone-eba-withdrawal/

Cambodia seeks to export more rice to China

Cambodia should ask China to increase the rice import quota from the Kingdom, said Mr. Song Saran, President of Cambodia Rice Federation, in a consultative meeting with private sector held at the Ministry of Commerce Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50730663/cambodia-seeks-to-export-more-rice-to-china/

First gold production is to proceed despite pandemic

Renaissance Minerals (Cambodia) Ltd, a subsidiary of Australia-listed Emerald Resources NL, has reiterated that its first gold production will go as planned despite the impact of the COVID-19 pandemic. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50733884/first-gold-production-is-to-proceed-despite-pandemic/

Government extends school closures “until further notice” to fight COVID-19 pandemic

The Ministry of Education, Youth and Sports (MoEYS) has announced that the re-opening of schools has been postponed until further notice as preventive measures against the COVID-19 pandemic continues, according to a directive issued yesterday evening. ...

Khmer Times Staff
https://www.khmertimeskh.com/50714542/government-extends-school-closures-until-further-notice-to-fight-covid-19-pandemic/

10,000 workers fail to return to Phnom Penh after KNY

About 10,000 garment workers who visited their home provinces during the Khmer New Year failed to return to Phnom Penh for fear of being quarantined, with some of them resorting to farming, an official said. ...

Sen David
https://www.khmertimeskh.com/50717706/10000-workers-fail-to-return-to-phnom-penh-after-kny/

Assaulted lawmaker looks to US

Nhay Chamroeun, one of the two Cambodian National Rescue Party lawmakers savagelybeaten in front of the National Assembly in late October, may be seeking legal recourse through the US justice system. ...

Meas Sokchea
http://www.phnompenhpost.com/national/assaulted-lawmaker-looks-us

Stung Treng court charges, releases officer

Major-general Chan Sam Ath was found guilty of violating the Forestry Law by the Stung Treng Provincial Court on Wednesday, but he will not be imprisoned because of poor health due to abdominal surgery.   ...

Voun Dara
https://www.phnompenhpost.com/national/stung-treng-court-charges-releases-officer

Mondulkiri sanctuary land grabbers charged

In April, 13 suspects were charged in the Mondulkiri Provincial Court for encroaching on forest land in wildlife sanctuaries at Phnom Prich, Srepok, Nam Lear, and Keo Seima, said Ministry of Environment secretary of state and spokesperson Neth Pheaktra.​ ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/mondulkiri-sanctuary-land-grabbers-charged

Fraud at malaria centre: Global Fund report uncovers ‘systematic’ double billing, nepotism

A report by the Global Fund’s Office Of the Inspector General (OIG) has confirmed evidence Of corruption and nepotism at Cambodia’s National Malaria Centre (CNM), first revealed by The Post last year, calling the centre’s oversight “dysfunctional and unauditable”. ...

Shaun Turton
http://www.phnompenhpost.com/national/fraud-malaria-centre-global-fund-report-uncovers-systematic-double-billing-nepotism

PM slams US take on Party Law

Prime Minister Hun Sen yesterday launched a not-so-thinly-veiled attack on the US over its recent public airing of concerns over the newly amended Law on Political Parties, arguing that its past bombing of Cambodia left it no moral high ground from which to criticise the ...

Touch Sokha
http://www.phnompenhpost.com/national/pm-slams-us-take-party-law

National Assembly to discuss seven draft laws next week

The National Assembly Permanent Committee meeting yesterday approved the resumption date of the 5th session of the 6th legislature for next Wednesday, to debate and approve seven draft laws related to the economy, trade and air transportation services. ...

Khann Chanvirak
https://www.khmertimeskh.com/50784703/national-assembly-to-discuss-seven-draft-laws-next-week/

NA passes AJCEP-1st Protocol

The National Assembly on Monday approved the First Protocol to Amend the Agreement on Comprehensive Economic Partnership among Japan and Member States of the Association of Southeast Asian Nations (AJCEP – 1st Protocol). ...

Hin Pisei
https://www.phnompenhpost.com/business/na-passes-ajcep-1st-protocol

Open Development Cambodia updates Special Economic Zone page

ODC has updated the Special Economic Zone page in Cambodia, adding interactive map and data visualization on province based SEZ in respond to the latest SEZ dataset on ODC website.Click here to access the page ...

Grade 12 classes still on amid community transmission threat

The Ministry of Education yesterday issued a statement that Grade 12 students who are preparing to sit for their high school examination may still attend school according to provincial evaluations to define the risk of COVID-19. ...

Taing Rinith
https://www.khmertimeskh.com/50788294/grade-12-classes-still-on-amid-community-transmission-threat/

Loba, EAcham ink MoU to up trade, freight

The Logistics Business Association (Loba) on November 20 signed a memorandum of understanding (MoU) with the European American Chamber of Commerce and Industry (Belgium) Beijing Representative office (EAcham) to further enhance Cambodia-China trade, investment and freight relations. ...

Hin Pisei
https://www.phnompenhpost.com/business/loba-eacham-ink-mou-trade-freight

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