Road accidents down sharply since January
Traffic accidents declined by 552 cases in the first six months of the year, Minister of interior Sar Kheng posted on Facebook on Wednesday. Deaths also decreased by 172 and injuries 778 compared to the same period last year. ...
Khorn Savi
https://www.phnompenhpost.com/national/road-accidents-down-sharply-january
Italy to contribute €100,000 to ARMAC’s operations
Italy is set to contribute €100,000 to the ASEAN Regional Mine Action Centre (ARMAC)’s operation. This was said by ARMAC in a press release by quoting a letter of the Ministry of Foreign Affairs and international Cooperation of the Kingdom of Cambodia to the centre. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50742086/italy-to-contribute-e100000-to-armacs-operations/
GMAC: Minimum wage should be suspended during COVID-19
The guaranteed $190 per month minimum wage should be temporarily suspended, to ensure the sector remains competitive until the COVID-19 pandemic is resolved, says the secretary-general of the Garment Manufacturing Association in Cambodia (GMAC). ...
https://www.khmertimeskh.com/50736454/gmac-minimum-wage-should-be-suspended-during-covid-19/
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Bunong ask gov’t to remove land markers
The Bunong ethnic community in Mondulkiri province has asked that environment officials remove land markers at the Nam Lear Wildlife Sanctuary near the Tuol Svay environmental headquarters. They also urged officials to take legal action against those who planted them. ...
Khorn Savi
https://www.phnompenhpost.com/national/bunong-ask-govt-remove-land-markers
Garment sector struggles to maintain EU trade agreement
The Kingdom’s annual $7 billion garment and textile sector, which has already been hard hit by the Coronavirus pandemic, is still struggling to make up for its partial loss of a preferential zero-tax trade deal provided by the European Union due to end in August. ...
Sorn Sarath
https://www.khmertimeskh.com/50737960/garment-sector-struggles-to-maintain-eu-trade-agreement/
Securities Exchange Commission says there is no lack of auditors
The Securities Exchange Commission of Cambodia (SECC) has responded to concerns that a lack of licensed auditors may be affecting listed companies’ ability to submit interim financial results in full and on time to the market regulator. ...
Harrison White
https://www.khmertimeskh.com/50780007/securities-exchange-commission-says-there-is-no-lack-of-auditors/
Japan extends Covid loan for Kingdom
Japan has extended its loan for Cambodia for $270 million to be used in Covid-19 response and economic revitalisation, the Ministry of Foreign Affairs and international Cooperation said following the 12th virtual Mekong-Japan Summit on November 13. ...
Niem Chheng
https://www.phnompenhpost.com/national/japan-extends-covid-loan-kingdom
SME Bank of Cambodia open for business
The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local small and medium enterprises with an objective to increase economic ...
Sok Chan
https://www.khmertimeskh.com/50780008/sme-bank-of-cambodia-open-for-business/
White sugar production hits 102,000 tonnes a year
The Kingdom is now capable of domestically producing up to 102,000 tonnes of white sugar per year from sugarcane grown at plantations in its southwestern provinces (Kampong Speu, Koh Kong), according to statistics released by Phnom Penh Sugar Co Ltd (PPSC) last week. ...
Sorn Sarath
https://www.khmertimeskh.com/50789216/white-sugar-production-hits-102000-tonnes-a-year/
Intruders ordered to remove constructions on Mondulkiri hills
Mondulkiri officials issued a six-day ultimatum on constructions encroaching on the Doh Kramom Mountain Cultural Centre in Sen Monorom town’s Sokdum commune. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/intruders-ordered-remove-constructions-mondulkiri-hills
Kingdom’s livestock production grew during the pandemic
MAFF’s data shows that as of Dec 2, 2020, livestock production increased from 42.02 million heads to 49.42 million heads, up 17.6 percent compared to the same period in 2019. Livestock production included fowl, (chicken and ducks), cattle (cows and buffalo), and poultry. ...
Sok Chan
https://www.khmertimeskh.com/50789582/kingdoms-livestock-production-grew-during-the-pandemic/
First batch of Cambodian mangoes on their way to China
Cambodia has now exported its first batch of fresh mangoes to China this week. The agreement was made between the two countries back in June when it was decided that Cambodia could export around 500,000 tonnes of high quality mangos per year. ...
Jason Boken
https://www.khmertimeskh.com/50789610/first-batch-of-cambodian-mangoes-on-their-way-to-china/
Over 110 garment factories close
A government official said on November 22 that at least 110 garment factories had closed in the first nine months of the year and left more than 55,000 workers without jobs – but union leaders worry those numbers could be much higher. ...
Mom Kunthear
https://www.phnompenhpost.com/national/over-110-garment-factories-close
Food safety forum chews over challenges
Among all of the industries affected by the pandemic, perhaps the food industry is one of the least surprising. Heavily interconnected with the tourism industry – particularly in hotspots such as Siem Reap and the capital – falling footfall and partial lockdowns have been biting. ...
Tom Starkey
https://www.khmertimeskh.com/50785811/food-safety-forum-chews-over-challenges/
Digitally adapting to economic challenges
As many small and medium-sized enterprises (SMEs) struggle to stay afloat because of current economic challenges, many entrepreneurs in the kingdom are adapting and taking advantage of opening businesses online and using social media and its technology as a business tool. ...
Jason Boken
https://www.khmertimeskh.com/50784394/digitally-adapting-to-economic-challenges/
Action plan to bolster CLMV economic growth approved
Cooperation in trade and investment, human resources, and post-pandemic economic recovery will be the focus of a 2021-2022 joint plan of action freshly adopted by Cambodia, Laos, Myanmar and Vietnam (CLMV) at the 12th CLMV Economic Ministers Meeting. ...
Khmer Times Staff
https://www.khmertimeskh.com/50758411/action-plan-to-bolster-clmv-economic-growth-approved/
NBC yet to issue ‘small banknote fee’
The National Bank of Cambodia (NBC) is continuing to accept small denomination US banknotes ($1, $2 and $5) “free of charge” from financial institutions, despite the August 31 deadline it had set out in May. ...
Harrison White and Sok Chan
https://www.khmertimeskh.com/50770277/nbc-yet-to-issue-small-banknote-fee/
Course on boosting hospitality skills
The Ministry of Tourism has launched the second phase of a skills development programme to promote human resource abilities in the Kingdom’s tourism sector. Pak Sokhom, the Ministry of Tourism’s secretary of state, said that the programme will provide young people with vocational skills, create ...
Sorn Sarath
https://www.khmertimeskh.com/50747286/course-on-boosting-hospitality-skills/
Talks to resume on offshore oil and gas
Thailand’s outgoing Energy Minister Sontirat Sontijirawong expects that there will be a resumption of talks to resolve the dispute of the offshore petroleum blocks in the overlapping maritime territories between Cambodia and Thailand after a delay of 20 years, according to a Bangkok Post report. ...
Sok Chan
https://www.khmertimeskh.com/50747626/talks-to-resume-on-offshore-oil-and-gas/
‘Free-trade agreements the future’
Having a free-trade agreement (FTA) with more trade partners would help mitigate the Kingdom’s loss from the European Union’s partial withdrawal of the Everything- but-Arms (EBA) trade status in the future because the country has already completed one with China. ...
Sorn Sarath
https://www.khmertimeskh.com/50748810/free-trade-agreements-the-future/