Europe expected to consider EBA efforts, impact
The government said it expects the European Commission to consider its efforts to comply with the “Everything But Arms” (EBA) regulations and the impact on one million workers should access to the agreement be suspended in February. The Ministry of Foreign Affairs and International Cooperation ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/europe-expected-consider-eba-efforts-impact
Mine action authority continues push for mine-free Kingdom by 2025
The government and foreign donors have spent about $500 million to clear land mines and war remnants in the Kingdom over the last 20 years, making formerly mine-strewn areas safe for cultivation. Ly Thuch, first vice president of Cambodia Mine Action and Victim Assistance Authorities, ...
Khuon Narim
https://www.khmertimeskh.com/50669777/mine-action-authority-continues-push-for-mine-free-kingdom-by-2025/
Private sector leaders to meet with Hun Sen
The private sector will meet with Prime Minister Hun Sen in April for the 19th Government-Private Sector Forum, which aims to address issues being faced by the business community. Lim Heng, vice-president of the Cambodia Chamber of Commerce (CCC) and director of coordination for the ...
Hin Pisei
https://www.phnompenhpost.com/business/private-sector-leaders-meet-hun-sen-0
Japan calls for policy changes
Representatives of Japanese companies and investors on Wednesday submitted a list of policy recommendations to the government concerning 21 challenges to the Kingdom’s business climate. Japanese Ambassador to Cambodia Masahiro Mikami and leaders of the Japanese Business Association in Cambodia (JBAC), Japan International Cooperation Agency and ...
May Kunmakara
https://www.phnompenhpost.com/business/japan-calls-policy-changes
Earning money and making a difference
Social enterprise may be more than just a buzzword if last Saturday’s attendance at Cambodia’s second-ever conference on the matter was anything to judge by. The 350 person-plus crowd of attendees consisted predominately of Cambodians, for whom doing business appears to be about more than merely ...
Flood trouble spots mapped
Thanks to a crowd-sourcing campaign spearheaded by grassroots map developers Urban Voice Cambodia, residents of Phnom Penh can now access a map pinpointing flood-prone areas in the capital during rainy season. Updated online yesterday, the map was generated by citizens, who contributed 119 reports of flooding over a ...
Amelia Woodside
http://www.phnompenhpost.com/national/flood-trouble-spots-mapped
MFIs predict lower earnings
With the interest rate cap of 18 percent in full force for all new and restructured microfinance loans after the National Bank of Cambodia (NBC) issued a populist measure to curb high interest rates, microfinance institutions (MFIs) are starting to give predictions for lower profits ...
Hor Kimsay and Kali Kotoski
http://www.phnompenhpost.com/business/mfis-predict-lower-earnings
Tourism savaged by COVID-19
As of May, government data shows COVID-19 forced the closure of nearly 3,000 tourism-based business and left more than 45,045 staff members unemployed. The unemployment and rising debt would severely affect the social economy while the Minister of Tourism estimated that the tourism sector would ...
Sorn Sarath
https://www.khmertimeskh.com/50740504/tourism-savaged-by-covid-19/
Royal pine plantation now protected
The roughly 40ha of land in Mondulkiri province’s Sen Monorom town where the late King Father Norodom Sihanouk historically presided over the royal “Vegetation” ceremonies to plant pine trees will soon be transferred to state property and protected. Provincial governor Svay Sam Eang said citizens ...
Khorn Savi
https://www.phnompenhpost.com/national/royal-pine-plantation-now-protected
US lobby group calls for full taxes on all Cambodian rice
Cambodian rice exports to the US could face full tariffs after a lobby group called for the imposition of full tariffs on the crop. Currently, the Kingdom’s rice enjoys some tax-protection under what is known as the Generalised System of Preferences (GSP)-eligible commodities list. However, ...
Sorn Sarath
https://www.khmertimeskh.com/50743069/us-lobby-group-calls-for-full-taxes-on-all-cambodian-rice/
Fish, frogs to boost local food supply
The government has disbursed more than $4.5 million to boost aquaculture production and domestic market supply amid the Covid-19 pandemic. Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday that in boosting agricultural production, the ministry has received financing from development ...
Thou Vireak
https://www.phnompenhpost.com/national/fish-frogs-boost-local-food-supply
E-Commerce Strategy finally incorporated
The Ministry of Commerce and relevant ministries have officially and collectively signed off the E-Commerce Strategy to bring the sector to a new level. According to Mr Sorasak, the strategy fits well with the on-going context of the Industrial Revolution 4.0 and will further boost ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50748715/e-commerce-strategy-finally-incorporated/
5G ready to rocket once launch button hit
Super high-speed 5G technology is ready to roll out across Cambodia with the infrastructure enabling the technology already in place across the Kingdom’s five major cities, say observers. With successful testing having occurred and the number of people with 5G-enabled devices growing daily, the only ...
Jason Boken
https://www.khmertimeskh.com/50801705/5g-ready-to-rocket-once-launch-button-hit/
PM urges rapid progress on transport system upgrade studies
At a plenary meeting of the Council of Ministers on January 13, Prime Minister Hun Sen urged the Ministry of Economy and Finance and the Ministry of Public Works and Transport to work together to accelerate the study of the construction of high-speed rail projects ...
Van Socheata
https://www.phnompenhpost.com/national/pm-urges-rapid-progress-transport-system-upgrade-studies
REDD+ soon one-third of protected land
The government is aiming to boost the sale of carbon credits by expanding the scheme to all protected areas in Cambodia, according to Ministry of Environment spokesman Neth Pheaktra. The ministry is currently preparing an additional REDD+ project on 1.19 million hectares of land, which ...
Voun Dara
https://www.phnompenhpost.com/national/redd-soon-one-third-protected-land
France maintains $100M pledge for Cambodia
The French government through the French Development Agency or Agence Française de Développement (AFD) has maintained its annual financing commitment at about $100 million as a concessional loan for Cambodia to develop and recover the country’s post-Covid-19 economy in line with its national development strategy ...
Kang Sothear
https://www.khmertimeskh.com/501155615/france-maintains-100m-pledge-for-cambodia/
SME Bank loans top $410M, help over 3K businesses
The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed some $418 million in loans to at least 3,185 small- and medium-sized enterprises (SME) since its foundation, as of October 31, to keep them from going under during the height of ...
May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-410m-help-over-3k-businesses
Run Ta Ek progress on track for area to become full town
Most parts of the Run Ta Ek development site in Siem Reap province’s Banteay Srei district – which has been allocated for those willing to relocate from the protected Angkor Archaeological Park – have already been cleared, and the developers are well underway with the ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/run-ta-ek-progress-track-area-become-full-town
Cambodia to introduce insurance for all types of vehicle to ensure compensation for traffic accident victims
Cambodia will soon introduce the purchase of insurance on all types of vehicles to ensure victims of road accidents in Cambodia will receive compensation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501119681/cambodia-to-introduce-insurance-for-all-types-of-vehicle-to-ensure-compensation-for-traffic-accident-victims/
ASEAN forum vows to shield children from online abuse
Cambodia and the ASEAN nations co-hosted an information technology forum, which ended in a joint commitment to protect children from online exploitation. The forum was held on November 2, with the support of UNICEF and the Cambodian government. Also joining the forum were development partners, youth ...
Chea Sokny
https://www.phnompenhpost.com/national/asean-forum-vows-shield-children-online-abuse