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Ministry to get $125 million for rural development project

The International Fund for Agricultural Development (IFAD), together with the Government and the European Investment Bank (EIB), are launching a $125 million rural development project that aims to boost incomes and food security for 200,000 families in Cambodia. ...

Sen David
https://www.khmertimeskh.com/50686840/ministry-to-get-125-million-for-rural-development-project

Thousands of Chinese leave Kingdom after ban on online gambling

The General Department of Immigration yesterday reported that tens of thousands of Chinese nationals left the Kingdom before the end of last year since the ban on online and arcade gambling was announced by Prime Minister Hun Sen in August. ...

Ben Sokhean
https://www.khmertimeskh.com/50685775/thousands-of-chinese-leave-kingdom-after-ban-on-online-gambling

Gov’t to spend $50M to cut electricity tax for industries

The government will spend some $50 million in subsidies to reduce electricity tariffs by $0.01 per kilowatt-hour for the industrial and agricultural sectors from this month, Ministry of Mines and Energy senior official Victor Jona said on Sunday. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-spend-50m-cut-electricity-tax-industries

Cambodia, China closer to FTA signing deal

Cambodia and China say they are now planning to sign a free-trade deal some time later this year. The move came after the duo wrapped up their first-round negotiations, which were held last month in Beijing, China. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50691647/cambodia-china-closer-to-fta-signing-deal

MS Westerdam’s remaining passengers and crew complete testing for COVID-19

The MS Westerdam remains alongside in Sihanoukville, Cambodia, where officials from the Cambodian Health Ministry were on board Monday to complete testing for COVID-19 on the 255 guests and 747 crew that are awaiting clearance. ...

Khmer Times Staff
https://www.khmertimeskh.com/50692237/ms-westerdams-remaining-passengers-and-crew-complete-testing-for-covid-19

Land official nabbed for graft

The Anti-Corruption Unit (ACU) detained Noun Pok, the former director of the Preah Sihanouk provincial Department of Land Management, Urban Planning and Construction, on Sunday, on suspicion of corruption while in office from 2016 to 2018. ...

Khorn Savi
https://www.phnompenhpost.com/national/land-official-nabbed-graft

Price-hike warning issued to house buyers

Property and land prices are set to rise in Lvea Aem district’s Kandal province following the  government’s announcement of their future plan to partially integrate the area into a new district within Phnom Penh. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50697728/price-hike-warning-issued-to-house-buyers

Japan donates $960,000 to Khmer Rouge tribunal

The Japanese government has announced a new contribution of $960,000 to the international component of the Extraordinary Chambers in the Courts of Cambodia (ECCC) to support the continuation of the Khmer Rouge tribunal. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national-kr-tribunal/japan-donates-960000-khmer-rouge-tribunal

Border Gate improvements planned to boost trade

The Royal Government of Cambodia has unveiled plans to improve facilities at border gates with Thailand and Vietnam in order to ease cross-border transport and boost trade activities.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50698427/border-gate-improvements-planned-to-boost-trade

Banks, MDIs urged to provide loans

The National Bank of Cambodia (NBC) has encouraged banks and money-deposit taking institution (MDIs) to continue disbursing loans and possibly suspend interest for businesses impacted by the Covid-19 outbreak, especially in the tourism industry. ...

May Kunmakara
https://www.phnompenhpost.com/business/banks-mdis-urged-provide-loans

Cambodia no longer one of the cheapest places to live: study

Cambodia’s reputation as one of the cheapest places in the world to live has been called under question, according to a survey conducted by CEOWORLD magazine, a leading business publication. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50700413/cambodia-no-longer-one-of-the-cheapest-places-to-live-study

Monks reveal Sangke threat

The Battambang provincial governor has ordered the authorities to close sewers in the Sangke River after monks posted a video showing toxic wastewater flowing into it and allegedly affecting nearby residents’ health. ...

Khorn Savi
https://www.phnompenhpost.com/national/monks-reveal-sangke-threat

H&M reassess strategy amid EBA withdrawal

Swedish fashion giant H&M Group said they were evaluating how the EU’s decision to withdraw one-fifth of the ‘Everything But Arms’ (EBA) scheme would impact their business and production strategy in Cambodia. ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/hm-reassess-strategy-amid-eba-withdrawal

Labour Ministry urges implementation of suspension of employment contracts

The Ministry of Labour and Vocational Training on Friday issued a call for the implementation of the suspension of employment contracts for all garment and textile factories in the Kingdom affected by the shortage of raw materials, resulting from Covid-19. ...

Taing Vida
https://www.khmertimeskh.com/50699289/labour-ministry-urges-implementation-of-suspension-of-employment-contracts

Museums across Kingdom closed

Ministry of Culture and Fine Arts spokesman Long Bunna Sireyvath said on Thursday that 10 major museums have been instructed to close temporarily in line with the government’s efforts to reduce areas with large concentrations of people to contain Covid-19. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/museums-across-kingdom-closed

UK commits $4.3 million to demining

The UK Department for International Development (DFID) has committed a further $4.3 million to aid demining activities in Cambodia as part of an extension on the Second Global Mine Action Programme (GMAP2). ...

Ry Sochan
https://www.phnompenhpost.com/national/uk-commits-43-million-demining

Villagers save vital wetlands from land grab

The Kampong Cham provincial Department of Agriculture, Forestry and Fisheries is looking for the owner of a tractor involved in clearing wetlands at Cholkiri district’s Peam Chhkork commune, to send him to court for legal action. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/villagers-save-vital-wetlands-land-grab

Trade to continue as normal

Although controls have been tightened due to the new coronavirus, trade between Cambodia and Vietnam continues, with the countries aiming to achieve $5 billion in trade by the end of the year, a Vietnamese official has confirmed. ...

May Kunmakara
https://www.phnompenhpost.com/national/trade-continue-normal

Unicef promotes e-learning scheme

UNICEF has scaled up support in 145 countries, including Cambodia, to help children continue their studies after school closures around the world due to Covid-19. ...

Long Kimmarita
https://www.phnompenhpost.com/national/unicef-promotes-e-learning-scheme

GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects

Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...

Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/

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