A serious concern: Cambodians’ $8 billion microfinance debt
Impending COVID-19 health measures and high levels of micro debt pose a serious concern for the approximately 2.4 million Cambodians with a combined outstanding debt of $8 billion, according to a World Bank report released this week. ...
Harrison White
https://www.khmertimeskh.com/50708402/a-serious-concern-cambodians-8-billion-microfinance-debt/
World Bank outlook for Cambodia positive
The World Bank’s biannual report on Cambodia was largely positive given dire economic prospects in Europe, which economists agreed were closely tied to the Kingdom’s key export sectors. The report, released yesterday, predicted 6.6 per cent growth in gross domestic product Manufacturing is predicted to slow slightly this year, ...
Kandal aims for full clean water access by 2023
Kandal provincial governor Kong Sophorn yesterday promised to provide clean and safe water access for all by 2023. Currently, around 81 percent of households in the province have access. Speaking during a press conference held at the Council of Ministers, Mr Sophorn said people across ...
Va Sonyka
https://www.khmertimeskh.com/50728075/kandal-aims-for-full-clean-water-access-by-2023/
Airport dwellers displaced from ‘anarchic’ houses
Nearly 100 families who live in three villages in Por Sen Chey district’s Choam Chao commune near the Phnom Penh International Airport have been told by district authorities they have seven days to relocate and will be given no compensation. However, the residents are refusing ...
Historic US aid project
A new USAID-funded malaria project in Myanmar will draw on prevention, treatment and containment models developed in Cambodia, and underscores the emergence of closer relations between Washington and Naypyitaw, health officials said yesterday. The US$24 million project will expand the effort to contain drug-resistant malaria, which ...
http://www.phnompenhpost.com/index.php/2011120153090/National-news/historic-us-aid-project.html
With CNRP gains come risks: panel
The mixed results of the June 4 commune elections may have allowed both major parties to save face, but the opposition’s large gains show it has a serious chance of winning next year’s national election – and that could attract violent backlash from the government, ...
Alex Willemyns
http://www.phnompenhpost.com/national/cnrp-gains-come-risks-panel
Cambodia: 4 Years On, No Effective Investigation into Kem Ley’s Unlawful Killing
On 09 July 2020, Cambodian Center for Human Rights (CCHR) has posted a press release on its website about Kem Ley’s killing that has happen 4 years ago. During the 4th years anniversary of his death, CCHR with other 30 undersigned organization have calls for ...
Cambodian Center for Human Rights
New investment law to attract more investments
The New investment law is expected to make Cambodia an attractive destination for new investment and to improve the investment environment to keep the existing investments in the country. The law is currently in drafting stage and is expected to go online within this year, ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50743474/new-investment-law-to-attract-more-investments/
Kingdom set to diversify economy as Covid bites
Cambodia is moving towards developing non-textile industries with a policy calling for sustainable growth and economic diversification. To ensure progress, the government will continue implementation of the Cambodia Industrial Development Policy 2015-2025, said a press release on the results of a Cabinet meeting chaired by Prime ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-set-diversify-economy-covid-bites
More rain forecast due to storm Molave, amid flooding crisis
The Ministry of Water Resources and Meteorology yesterday announced that tropical storm Molave, currently causing havoc as it crosses the Philippines, will soon drop further rain on Cambodia, already suffering from devastating floods. Cambodia expects the impact of Molave from October 28 through 29, with ...
Sen David
https://www.khmertimeskh.com/50776745/more-rain-forecast-due-to-storm-molave-amid-flooding-crisis/
Factories ‘follow all’ Covid guidelines
The Garment Manufacturers Association in Cambodia (GMAC) said it has been disseminating Covid-19 prevention measures set by authorities to factories, enterprises and workers. GMAC stressed that it has no authority to force factories to implement the measures, but has urged them to follow all Covid-19 ...
Mom Kunthear
https://www.phnompenhpost.com/national/factories-follow-all-covid-guidelines
CRF: Bumper 2021 for organic rice
Cambodia exported 11,200 tonnes of organic milled rice to international markets in 2020, a slight 1.2 per cent increase over 2019, according to the Cambodia Rice Federation (CRF). While the milled-rice export sector by and large chalks up 2020’s lacklustre growth performance to the ongoing ...
Hin Pisei
https://www.phnompenhpost.com/business/crf-bumper-2021-organic-rice
India seeking pepper and turmeric from Cambodia
The Indian Embassy to Cambodia has stated it seeks to see increased imports of pepper and turmeric from Cambodia. This potential hike in bilateral trade with India was discussed at a meeting held March 9 between Indian Ambassador to Cambodia Dr Devyani Uttam Khobragade and ...
Chea Vanyuth
https://www.khmertimeskh.com/50822835/india-seeking-pepper-and-turmeric-from-cambodia/
Regional free trade deals ‘key to Cambodian and ASEAN success’
Foreign investors and independent credit evaluators are echoing confidence in Cambodia in light of the series of free trade agreements (FTAs) both completed and being pursued by the Kingdom’s government. According to the ASEAN Briefing (AB), such FTAs could see the region become the world’s ...
Tom Starkey
https://www.khmertimeskh.com/50809206/regional-free-trade-deals-key-to-cambodian-and-asean-success/
Cambodian exports to US show strength in 2020
Cambodia’s 2020 exports to the US remained strong despite the COVID-19 pandemic crisis as the Kingdom’s exports to its other primary trading partners declined. Figures from the US Census Bureau showed that Cambodia exported $6.577 billion of goods to the world’s largest economy, a year-on-year ...
Chea Vanyuth
https://www.khmertimeskh.com/50811365/cambodian-exports-to-us-show-strength-in-2020/
Bun Rany praises CRC volunteers on Covid-19 outreach
The Kingdom on December 5 marked the International Day of Volunteers, this year held under the theme “volunteering for our future”. The day was officially observed by the Cambodian Red Cross (CRC), whose volunteers have had to overcome many obstacles this year while conducting educational ...
Mom Kunthear
https://www.phnompenhpost.com/national/bun-rany-praises-crc-volunteers-covid-19-outreach
ASEAN Chairman’s Statement on the Situation in Myanmar
On 02 February 2022, the Ministry of Foreign Affairs and International Cooperation has published a statement of the ASEAN chairman on the Situation in Myanmar on their official Facebook site. According to the statement, ASEAN chairman is deeply concerned over the Myanmar crisis and urge ...
Ministry of Foreign Affair and International Cooperation
CMAC funded for mine-free B’bang
The Cambodian Mine Action Centre (CMAC) has laid out long-term plans to demine 8,000ha of afflicted land in Battambang province. The project is expected to run from April 1 this year until December 31, 2025, at a cost of more than $12 million. Funding will ...
Voun Dara
https://www.phnompenhpost.com/national/cmac-funded-mine-free-bbang
Cambodia’s public debt almost touched $10 billion last year
Cambodia’s total public debt stock is expected to increase approximately 1.42 percent to reach $9.97 billion by the end of 2022 compared to over $7 billion five years ago, while the national budget law allowed the government to borrow about $1.26 billion or $1.7 billion ...
Kang Sothear
https://www.khmertimeskh.com/501226200/cambodias-public-debt-almost-touched-10-billion-last-year/
Cambodia skilfully marketed during 43rd ASEAN Summit
Prime Minister Hun Manet said last Saturday that he along with the top officials from public and private sector institutions promoted various sectors of Cambodia’s economy during 18 bilateral and multilateral meetings out of the 34 on-the-sidelines meetings during the 43rd ASEAN Summit and Related ...
Kang Sothear
https://www.khmertimeskh.com/501357932/cambodia-skilfully-marketed-during-43rd-asean-summit/