Cambodia, Vietnam firm on $10 billion trade target
Cambodia and Vietnam continue to march towards the goal of achieving the $10 billion-plus bilateral trade volume this year and taking the economic partnership to a new high. The commitment reflects in the bilateral interactions too. ...
Prakash Jha
https://www.khmertimeskh.com/501188711/cambodia-vietnam-firm-on-10-billion-trade-target/
Draft constitutional amendments get Council of Ministers’ nod
The Council of Ministers has approved the “Draft Constitution” with its eight amendments prepared in accordance with the 10th Amendment Proposal, which made changes to the appointment of the Prime Minister and the authority of the National Assembly (NA). ...
Hang Punreay
https://www.khmertimeskh.com/501109982/draft-constitutional-amendments-get-council-of-ministers-nod/
Ministry ‘sceptical’ of latest rule of law rankings
Senior Cambodian officials have deplored a report by the World Justice Project (WJP), which ranked Cambodia as the lowest in East Asia and the Pacific on respect for the rule of law. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-sceptical-latest-rule-law-rankings
GDP growth to shrink to 4.9% as poverty rate inches up
Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ...
Kiripost staff writers
https://kiripost.com/stories/gdp-growth-to-shrink-to-49-as-poverty-rate-inches-up
$10m fund to buy rice from struggling farmers
The Ministry of Economy and Finance has pledged to provide another $10 million in addition to a $83 million fund to purchase rice from farmers at a reasonable cost amid low prices to avoid selling to crooked dealers. ...
Meas Molika
https://kiripost.com/stories/10m-fund-to-buy-rice-from-struggling-farmers
Inflation rises to 7.4 percent
Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ...
Seng Mengheng
https://kiripost.com/stories/inflation-rises-to-74-percent
Singapore investors to help reboot Cambodia’s economy
Cambodia holds huge potential for Singaporean investors, who can play a role in helping the nation’s economy return to pre-pandemic levels by ploughing funds into infrastructure and other dominant sectors. ...
Bun Tharum
https://kiripost.com/stories/singapore-investors-to-help-reboot-cambodias-economy
University students encouraged to focus on digital technology
Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed. ...
Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/
Six more hectares of Tamouk lake granted to private owners
At least six hectares of land in the Tamouk lake area, also known as Boeng Kob Srov, have been handed over by the government to Seng Youan, Director-General of the General Department of Logistics and Finance of the Ministry of Interior, for personal use and ...
Hang Punreay
https://www.khmertimeskh.com/501111494/six-more-hectares-of-tamouk-lake-granted-to-private-owners/
Nearly 9,000 vehicles travel on Cambodia’s 1st expressway on 1st day of trial opening
Nearly 9,000 vehicles traveled on Cambodia’s first-ever expressway on the first day of its opening for trial use on Saturday, the Ministry of Public Works and Transport (MPWT) said in a news release on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501161480/nearly-9000-vehicles-travel-on-cambodias-1st-expressway-on-1st-day-of-trial-opening/
Despite COVID-19 pandemic, Cambodia created more than 150,000 jobs through 195 new investments
The Minister of Labor and Vocational Training said that even in the context of Covid-19 pandemic, Cambodia received and approved 195 new investment projects and 43 production expansion requests that could create more than 150,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/50995101/despite-covid-19-pandemic-cambodia-created-more-than-150000-jobs-through-195-new-investments/
Prey Lang community forest patrols persist despite being blocked, held, questioned
Twenty activists surveyed the Prey Lang forest for four days last week despite a recent wave of suppression against environmentalists, who have continued their work in defiance of a ban against community patrols. ...
Keat Soriththeavy
https://vodenglish.news/prey-lang-community-forest-patrols-persist-despite-being-blocked-held-questioned/
Improving Cambodia’s startup investment ecosystem
The Entrepreneurship Development Fund (EDF) held a workshop last Thursday to discuss “preliminary findings and to gather input on challenges and policy for startups and SMEs investment aspects” in Cambodia. ...
Bun Tharum
https://kiripost.com/stories/improving-cambodia-startup-investment-ecosystem
Canadian firm granted oil, gas exploration, production licence
The government has given the nod to EnerCam Resources Co Ltd, a subsidiary of Toronto-listed Angkor Resources Corp, for oil and gas exploration, development and production on southwestern Cambodia’s roughly 7,300sq km onshore Block VIII in the Kampong-Som Basin, the parent company reported on October ...
May Kunmakara
https://www.phnompenhpost.com/business/canadian-firm-granted-oil-gas-exploration-production-licence
Ministry identifies pollution reduction actions, strategies
Senior officials from the Ministry of Environment urged sub-national administrations and stakeholders at all levels to pay closer attention to identifying environmental challenges. They should set out action plans to reduce pollution, in order to participate to promoting the well-being of the public. ...
Lay Samean
https://www.phnompenhpost.com/national/ministry-identifies-pollution-reduction-actions-strategies
Tax Law slated to be passed by end of year
A new law on taxation that has been in draft for seven years is expected to be approved by parliament at the end of the year as part of efforts to bolster the government’s tax collection process. ...
Prak Chan Thul
https://kiripost.com/stories/tax-law-slated-to-be-passed-by-end-of-year
Ministry prepares guidelines to define sexual harassment
Police and public in the Kingdom are on the same side when it comes to determining what is sexual harassment and what is not. The main reason: guidelines to identify sexual harassment are yet to be framed by the lawmakers. ...
Yim Sreylin
https://www.khmertimeskh.com/501184820/ministry-prepares-guidelines-to-define-sexual-harassment/
Port EDI still due for Aug 17 launch, ministry confirms
An electronic data interchange (EDI) system is still on track to be launched at the Kingdom’s ports on August 17, to effect a large-scale modernisation of entry-exit navigation control in Cambodia, switching from manual to online, the public works ministry confirmed on June 24. ...
Hom Phanet
https://www.phnompenhpost.com/business/port-edi-still-due-aug-17-launch-ministry-confirms
‘Active, fruitful’ negotiations expected as 55th AMM officially kicks off Aug 3
The 55th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings are underway in Phnom Penh, with the official opening presided over by Prime Minister Hun Sen scheduled for August 3, according to official agenda seen by The Post. ...