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Jica loans $50M to HKL to aid rural MSMEs

Hattha Kaksekar Limited (HKL), a subsidiary of Thai-based Bank of Ayudhya Pcl (Krungsri), received a $50 million loan from Japan International Cooperation Agency (Jica) to expand its operations and support micro-, small- and medium-sized enterprises (MSMEs) in rural areas. ...

May Kunmakara
https://www.phnompenhpost.com/business/jica-loans-50m-hkl-aid-rural-msmes

Ministry of Justice site online

The Ministry of Justice on Monday announced the launch of its new website www.moj.gov.kh in addition to its already existing Facebook page and Telegram service. ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-justice-site-online

Olympia City on schedule despite pandemic

While development projects have delayed construction due to the Covid-19 pandemic, construction of the two tallest buildings in Olympia City has not slowed, according to its project manager, Meng Chamroeun. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/olympia-city-schedule-despite-pandemic

Government permits tax exemptions on specific goods

The government has issued income tax exemptions for the textile and garment, footwear and luggage sectors that produced export goods hit by the European Union’s 20 percent Everything but Arms (EBA) tariff-free status withdrawal in February. ...

Sok Chan
https://www.khmertimeskh.com/50706195/government-permits-tax-exemptions-on-specific-goods/

Record-low oil prices to to continue

A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...

Harrison White
https://www.khmertimeskh.com/50713728/record-low-oil-prices-to-to-continue/

High-ranking police officers disciplined for negligence

Interior Minister Sar Kheng issued a warning against five high-ranking police officers in Kampong Thom province after they failed to carry out their duties. However, details of their offence were not disclosed, documents obtained yesterday revealed. ...

Khuon Narim
https://www.khmertimeskh.com/50722517/high-ranking-police-officers-disciplined-for-negligence/

Industry leaders continue to call for further economic support

Business advocates are continuing to call on the Cambodian government to further support the local economy during and after the COVID-19 pandemic – through the implementation of collateral-free working loans and new policies to encourage more foreign direct investment in the Kingdom. ...

Harrison White
https://www.khmertimeskh.com/50726929/industry-leaders-continue-to-call-for-further-economic-support/

Master plan to develop huge Sihanoukville beach

Preah Sihanouk provincial authority is to establish a master plan to develop the beach in the province, especially the new stretch of bays from Sihanoukville Autonomous Port to a new area called “Chumteav Mao or Madam Mao Beach”, according to a senior tourism official of ...

Sok Chan
https://www.khmertimeskh.com/50727330/master-plan-to-develop-huge-sihanoukville-beach/

City Bus prepares steps to resume services

Japan International Coopera- tion Agency (JICA), in cooperation with Phnom Penh City Bus (PPCB) Administration and PPCB Authority, said yesterday they are implementing virus prevention measures and training staff to minimise the risk of virus infections for bus drivers and passengers once operations resume. ...

Sen David
https://www.khmertimeskh.com/50727685/city-bus-prepares-steps-to-resume-services/

Preah Vihear excavator driver hit by sharpnel

An 18-year-old man was rushed to the Choam Ksan district referral hospital after he sustained serious head injuries on Sunday when the excavator he was using to dig a canal hit an anti-tank mine in Kamprak village, Yeang commune, Preah Vihear province. ...

Kim Sarom
https://www.phnompenhpost.com/national/preah-vihear-excavator-driver-hit-sharpnel

Police deny arrest of 36 montagnards

The chief of police in Ratanakkiri province on Monday denied that authorities arrested 36 Montagnards, who the U.N. and local villagers say were deported to Vietnam last week while attempting to reach Phnom Penh to apply for asylum. ...

Chris Mueller and Aun Pheap
https://www.cambodiadaily.com/news/police-deny-arrest-of-36-montagnards-78919/

NGOs call on Hun Sen to shun ‘Hitler’ comments

Sixteen local NGOs released a joint statement Thursday calling on Prime Minister Hun Sen to publicly repudiate National Military Police Commander Sao Sokha’s January 15 speech in which he said he learned strategy from Adolf Hitler. ...

Ouch Sony and Van Roeun
https://www.cambodiadaily.com/news/ngos-call-on-hun-sen-to-shun-hitler-comments-76579/

Cambodia receives $3m grant

Cambodia will receive a grant of US$3.3 million from the World Trade Organisation to support rice milling, silk production and development of the Department of International Cooperation, according to Heng Sovannarith, communication officer for Trade Wide Sector Approach. Sovannarith said the Ministry of Commerce would receive the grant from ...

http://www.phnompenhpost.com/index.php/2012092758950/Business/cambodia-granted-3m-for-development.html

Cambodia labour abuse claims disputed

UK retailer Marks & Spencer and the Garment Manufacturers Association of Cambodia (GMAC) have disputed the details of a report alleging labour rights abuses are still rife in the country’s garment factories, with both claiming they are committed to providing and supporting safe working conditions. ...

Katie Smith
http://bit.ly/1Ckp3lx

Ministry, Cambodian journalists strengthen links to China

Information Ministry officials and state-affiliated Cambodian journalists will receive training from and pay visits to their Chinese counterparts under a new agreement signed by the two countries on Monday.  The announcement follows a forum hosted in October by a senior propaganda officer for the Communist ...

Aun Pheap
https://www.cambodiadaily.com/news/ministry-cambodian-journalists-strengthen-links-to-china-127863/

Kingdom set to contain community virus transmission

The World Health Organisation (WHO) announced in a Friday report that Cambodia is alert and ready to respond to a larger-scale community coronavirus transmission and has demonstrated effective rapid response to initial cases. ...

Khorn Savi
https://www.phnompenhpost.com/national/kingdom-set-contain-community-virus-transmission

Ministry: Further out-of-work allowances paid

The Ministry of Labour announced on Monday that a further 25,588 workers of 67 enterprises in the garment and tourism sectors will be paid allowances from the government after facing suspension or unemployment amid the coronavirus pandemic. ...

Sen David
https://www.khmertimeskh.com/50729508/ministry-further-out-of-work-allowances-paid/

NBC meet set to shape post-Covid economy

The National Bank of Cambodia (NBC) will host its seventh Annual Macroeconomic Conference under the theme “Discussion of Cambodia’s Economic Development Models” to gather input from academics, researchers, industry insiders and economists about how to structure the economy in a post-Covid-19 world. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-meet-set-shape-post-covid-economy

Five road and bridge projects get approval

In the first three months of this year, the Ministry of Public Works and Transport has implemented the Procurement Agreement on Bridge and Road repairs by allocating financial credits from last year for 12 projects at a cost of 50 billion riel ($12.4 million). ...

Long Kimmarita
https://www.phnompenhpost.com/national/five-road-and-bridge-projects-get-approval

Japan and Cambodia vow to improve judicial system

At a meeting at the Ministry of Justice on Tuesday, Minister Koeut Rith and Japanese Ambassador to Cambodia Masahiro Mikami agreed to work together to develop human resources in Cambodia and strengthen the country’s judicial system, said the ministry. ...

Ry Sochan
https://www.phnompenhpost.com/national/japan-and-cambodia-vow-improve-judicial-system

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