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/
NGO urges closure of Kampong Speu logging roads
Environmental watchdog ACNCIPO director Chea Hean has requested the service of Kampong Speu provincial officials to help close logging roads in the Phnom Oral Wildlife Sanctuary and the Central and Southern Cardamom National Parks. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ngo-urges-closure-kampong-speu-logging-roads
Cambodian Public Bank offers loan repayment deals during COVID-19
Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...
Khmer Times Staff
https://www.khmertimeskh.com/50710323/cambodian-public-bank-offers-loan-repayment-deals-during-covid-19/
National Assembly to approve draft law on state of emergency
A unanimous vote of approval for the proposed “State of Emergency” law is expected to be cast today during the plenary session of the National Assembly. The draft law comes amid the increasing cases of coronavirus infections in the Kingdom. ...
Ben Sokhean
https://www.khmertimeskh.com/50711453/national-assembly-to-approve-draft-law-on-state-of-emergency/
Mandatory quarantine to be enforced for all entering Cambodia
All people entering Cambodia, either by air or by land, including migrant workers are to be quarantined in designated quarantine areas to avoid the possibility of these people from contracting or spreading the deadly COVID-19 to others. ...
Investigation into forestry smuggling
Ratanakkiri provincial authorities inspected an area around Post No 27 in Phikrom village, Sesan commune, O’Yadav district, to investigate illegal cross-border forestry offences following rumours of timber being illegally transported via waterways to Vietnam. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/investigation-forestry-smuggling
Mandatory quarantine to help prevent coronavirus spread
PHNOM Penh City Hall is ready to quarantine more than 15,000 garment workers who are returning to the capital from their home provinces after Khmer New Year in an effort to prevent the spread of coronavirus. ...
Sen David
https://www.khmertimeskh.com/50714122/mandatory-quarantine-to-help-prevent-coronavirus-spread/
China OKs Kingdom rice
After more than a year of speculation on Cambodian rice exports to China, a rice exporter this week said China has granted the Kingdom permission to ship milled rice northward. Despite a growing stack of quasi-agreements for exports, regulatory issues have plagued the prospects of tapping ...
http://www.phnompenhpost.com/index.php/2012052456355/Business/china-oks-kingdom-rice.html
MoU the key to compliance
Amid a spate of garment factory strikes – including one at Tai Yang Enterprises that has lasted more than a month – Cambodia’s Arbitration Council yesterday said it wanted the industry to renew a memorandum of understanding on industrial action that has been in limbo ...
http://www.phnompenhpost.com/index.php/2012072657645/National-news/mou-the-key-to-compliance.html
Talks on disputed oil fields to resume
Negotiations on oil and gas development over the long-contested Overlapping Claims Area (OCA) in the Gulf of Thailand between Cambodia and Thailand will be resumed shortly after the viral pandemic ends, according to a Ministry of Mine and Energy’s official. ...
Sorn Sarath
https://www.khmertimeskh.com/50723381/talks-on-disputed-oil-fields-to-resume/
PP-SHV expressway ahead of schedule
The Phnom Penh-Preah Sihanouk Expressway will be completed ahead of schedule and will be in operation by the end of 2022, Ministry of Public Works and Transport spokesman Vasim Sorya told The Post on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/pp-shv-expressway-ahead-schedule
Museums to be reopened next month
In an announcement, Health Minister Mam Bun Heng said the decision was made during a meeting of the National Committee for Combating COVID-19 on May 12 and with greenlight from Prime Minister Hun Sen. ...
Taing Rinith
https://www.khmertimeskh.com/725090/museums-to-be-reopened-next-month/
MoU inked to promote local bourse
Cambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726581/mou-inked-to-promote-local-bourse/
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/
Areng valley activist denies illegal logging allegations
An environmental activist in Koh Kong province’s Areng Valley on Monday denied building an ecotourism information center with illegally logged wood after he was summoned to the local court to answer questions over alleged forestry crimes. ...
Khuon Narim
https://www.cambodiadaily.com/news/areng-valley-activist-denies-illegal-logging-allegations-78939/
Cambodia, RoK to sign FTA soon
The Republic of Korea has said that it has made further progress in fleshing out details for the planned free trade agreement (FTA) with Cambodia as Seoul seeks to broaden economic ties with Southeast Asian nations and diversify its export portfolio. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733332/cambodia-rok-to-sign-fta-soon-2/
Koh Kong authorities resolve 80 percent of UDG land dispute
Koh Kong provincial authorities said yesterday they have resolved the grievances of 1,000 families involved in a long-running land dispute with Chinese corporation Union Development Group, noting talks are ongoing to resolve the issue with 184 other families. ...
Khuon Narim
https://www.khmertimeskh.com/50732906/koh-kong-authorities-resolve-80-percent-of-udg-land-dispute/
Red cross replaces rotten rice donated to HIV-hit commune
Thousands of kilograms of rice donated by the Cambodian Red Cross to impoverished families in Battambang province, including residents of HIV-hit Roka commune, had to be replaced Monday after villagers complained it was rotten, officials said. ...
Mech Dara
https://www.cambodiadaily.com/news/red-cross-replaces-rotten-rice-donated-to-hiv-hit-commune-78931/
Rubber firm vows not to harm forests
Rubber and palm oil giant the Socfin Group has committed to a global “zero-deforestation policy” across Africa and Asia amid a legal dispute with ethnic Bunong communities in Mondulkiri province’s Bousraa commune. ...
Daniel Pye
http://www.phnompenhpost.com/national/rubber-firm-vows-not-harm-forests