New committee created to protect Koh Kong Krao
Prime Minister Hun Sen has created a committee tasked with monitoring Koh Kong SEZ Co Ltd’s development of Koh Kong Krao island in Koh Kong province’s Koh Kapi commune. The Council of Ministers first announced the development project on June 14, 2019, according to Hun ...
Long Kimmarita
https://www.phnompenhpost.com/national/new-committee-created-protect-koh-kong-krao
US, Australia funding flows for Cambodia’s COVID-19 response
The United States, through the US Agency for International Development, yesterday committed a $1.5 million aid to the MInistry of Health to help In the KIngdom’s efforts to mitigate the spread of coronavirus. The donation is the latest COVID-19 assistance from the US, with its ...
Som Kanika
https://www.khmertimeskh.com/50718117/us-australia-funding-flows-for-cambodias-covid-19-response/
Law on Construction expected to prevent structural failures
Kep provincial governor Ken Satha yesterday blamed the lack of a construction law for the deadly building collapse in Kep city earlier this year, which took the lives of 36 people, including children, and injured 23 others. His statement came amid continued demands for justice ...
Ben Sokhean
https://www.khmertimeskh.com/50720136/law-on-construction-expected-to-prevent-structural-failures/
CNRP picks union law team
The opposition has selected five of its members to join a bipartisan committee to examine the draft trade union law, a step the ruling party has not yet made amid murkiness about when the group will actually meet.The law has come under fire from independent ...
Charles Rollet and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/cnrp-picks-union-law-team
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offerIng (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
Ministry: New measures to help SMEs
To solve the current issues faced by small and medium enterprises (SMEs) in the Kingdom, the Ministry of Economy and Finance (MEF) has issued two main measures. Secretary of State at the MEF and Secretary-General of the Committee on Economic and Financial Policy Phan Phalla ...
Sok Chan
https://www.khmertimeskh.com/50744867/ministry-new-measures-to-help-smes/
Government dips into its reserves
The government says that it has been withdrawing $1 billion from its savings to support spending in the fight against COVID-19 and to sustain, boost and restore the economy at a time national revenue is expected to drop from 20 percent to 30 percent, according ...
Sok Chan
https://www.khmertimeskh.com/50743333/government-dips-into-its-reserves/
Coal: A burning question
Cambodia and other Asean member states have discussed the future of the coal mining business for the power sector in the region, according to the Cambodia Ministry of Mines and Energy (MME). The Ministry said the discussion was made at the Asean Coal Business Roundtable ...
Sorn Sarath
https://www.khmertimeskh.com/50743466/coal-a-burning-question/
Kingdom’s PPE exports up 130%
Cambodia exported just over $191.3 million worth of personal protective equipment (PPE) in the first half of this year, a 130 per cent rise from the $83.3 million recorded last year. The exports were largely driven by Covid-19 fears and a shortage of such equipment, ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdoms-ppe-exports-130
Permanent Mission hits back at ‘naming to alert’ criticism
The Permanent Mission of Cambodia in Geneva has hit back at three United Nations human rights experts, who expressed alarm over what they called the ‘naming and shaming’ of COVID victims. The Mission said that Cambodia’s response to the coronavirus aims to “ensure that precious ...
Ben Sokhean
https://www.khmertimeskh.com/50792643/permanent-mission-hits-back-at-naming-to-alert-criticism/
Stamp duty tax exemption extended for another year
The government has decided to extend the stamp duty tax exemption deadline for property worth less than $70,000 from January to December 2021. The official announcement, released this week, is intended to boost the economy by encouraging more property transactions. in its announcement, the government ...
Jason Boken
https://www.khmertimeskh.com/50797156/stamp-duty-tax-exemption-extended-for-another-year/
Cambodia’s external debt risks contained, says Moody’s
Moody’s Investors Service said Tuesday that Cambodia’s risk of external debt vulnerability was still contaIned. In its latest assessment of the impact of Covid-19 on Asian and the Pacific, the U.S. ratIng agency said “liquidity pressures will contInue to haunt some frontier market sovereigns. ...
Khmer Times Staff
https://www.khmertimeskh.com/50803148/cambodias-external-debt-risks-contained-says-moodys/
Ministry mulls ASEAN+3 travel bubble
The Ministry of Tourism plans to launch a travel bubble allowing transit between Cambodia and 12 other regional countries in a bid to resuscitate the tourism sector amid the crushing impact of the ongoing spread of Covid-19, Ministry of Tourism spokesman Top Sopheak told The ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-mulls-asean3-travel-bubble
PPAP to reorganise LM17 terminal, sets new container rules
The stock-listed Phnom Penh Autonomous Port (PPAP) is set to give the LM17 container terminal just east of the capital a much-needed layout overhaul to relieve congestion. The river-port operator said this in a March 3 statement signed by director-general Hey Bavy and released to ...
Thou Vireak
https://www.phnompenhpost.com/business/ppap-reorganise-lm17-terminal-sets-new-container-rules
Coastal communities to adapt for climate change
Funded by the Global Environmental Facility’s Least-Developed Country Fund (LDCF), the project will help coastal fishing communities and protected areas in Cambodia’s main four coastal provinces – Kampot, Kep, Koh Kong and Preah Sihanouk improve their livelihoods by increasing adaptive capabilities regarding climate change while ...
Jason Boken
https://www.khmertimeskh.com/50807075/coastal-communities-to-adapt-for-climate-change/
Fishing banned after villages’ dispute mediated
A temporary ban on fishing was ordered yesterday by Kampong Tralach district authorities to prevent violence while mediation continues to resolve a dispute between the people of three villages and Lorpeang Natural Resources Conservation community. The authorities also ordered the demolition of the community guardhouse ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50804407/fishing-banned-after-villages-dispute-mediated/
Kingdom vows to reduce emissions
Cambodia is focusing mainly on reducing greenhouse gas emissions to meet the country’s goal of reducing its emissions by 21 million tonnes per year in order to combat climate change, according to Ministry of Environment spokesman Neth Pheaktra. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/kingdom-vows-reduce-emissions
About 1,500 given jabs so far
Just under 1,500 people received the Sinopharm COVID-19 vaccine in Cambodia between Wednesday and Friday last week, according to a three-day report from the Ministry of Health. ...
Tith Kongnov
https://www.khmertimeskh.com/50813938/about-1500-given-jabs-so-far/
Heftier fines for those who dodge quarantine
The government yesterday issued a new sub-decree to impose a heftier fine for those who evade quarantine in a bid to stem the spread of COVID-19. The new sub-decree comes after Prime Minister Hun Sen ordered authorities to raise the current fine of $250 because ...
Tith Kongnov
https://www.khmertimeskh.com/50815667/heftier-fines-for-those-who-dodge-quarantine/
Tourist resorts expected to start back up
At least 200 tourist resorts are expected to resume operations after the end of an inter-provincial travel ban and tourist-resort closures across the country. On April 25, the government lifted the travel ban and ended the closures of tourist destinations across the country, except for ...
Thou Vireak
https://www.phnompenhpost.com/business/tourist-resorts-expected-start-back