Car industry slumps by 30% as purchasing power wanes
The Kingdom’s vehicles business has seen a drop in both sales and imports by an estimated 30 percent because of the impact of COVID-19. Figures from the Ministry of Economy and Finance (MEF) shows that the COVID-19 crisis has caused the country’s imports to fall ...
Sorn Sarath
https://www.khmertimeskh.com/50770579/car-industry-slumps-by-30-as-purchasing-power-wanes/
Cambodia records 14.8 million mobile internet subscribers as of May, down 2.36 percent
Cambodia recorded 14.8 million mobile internet subscribers, accounting for 90 percent of the population, by May 2020, down 2.36 percent compared to May last year, according to a Telecommunication Regulator of Cambodia (TRC) report on Monday. in contrast, the number of fixed internet subscribers increased by ...
UK FTA could be on horizon
Cambodia and the UK have vowed to boost their bilateral trade as the Kingdom looks to establish a bilateral free trade agreement with the country. The understanding was made during a meeting between secretary of state of the Ministry of Commerce Sok Sopheak and deputy ...
Thou Vireak
https://www.phnompenhpost.com/business/uk-fta-could-be-horizon
Germany gives $16 million for healthcare sector
In the context of COVID-19, Germany donated $16 million to Cambodia for health projects that Include complementIng the MInistry of Health’s Initiative to help the poor who cannot afford to pay for hospital treatments and fight agaInst the coronavirus. ...
Buth Sela
https://www.khmertimeskh.com/50817778/germany-gives-16-million-for-healthcare-sector/
Cambodia ready to exit LDC status
Cambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7. Four LDCs – Cambodia, Laos, Bangladesh and Nepal – met at a virtual workshop last week ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-ready-exit-ldc-status
Surveillance tools, DNA screening equipment part of Cambodia’s new security deal with China
Cambodia will receive new biometric surveillance and DNA screening equipment as part of its latest deal reinforcing law enforcement cooperation with China, prompting a leading human rights group to call for the government to come clean about its plans for the technology. The deal was signed last ...
Aun Chhengpor
https://www.voacambodia.com/a/surveillance-tools-dna-screening-equipment-part-of-cambodia-new-security-deal-with-china/6258369.html
Tourists flock to amazing Angkor Botanical Garden
More and more tourists have flocked into Angkor Botanical Garden in Siem Reap province after the official inauguration last week. ...
Khmer Times Staff
https://www.khmertimeskh.com/501081095/tourists-flock-to-amazing-angkor-botanical-garden/
Cambodia committed to end land title registration next year
Prime Minister Hun Sen said Cambodia will end the land registration in 2023. Addressing to the closing ceremony of the annual meeting of the Ministry of Land Management, Urban Planning and Construction and the inauguration ceremony of the National Construction Laboratory, held Tuesday, Mr Hun ...
Khmer Times Staff
https://www.khmertimeskh.com/501210105/cambodia-committed-to-end-land-title-registration-next-year/
Kraol minority apologise for burning down office
The O’Krieng Senchey district administration in Kratie province have ordered the Sre Chis commune authorities to educate minority ethnic groups about the laws and legal instruments related to environmental protection. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/kraol-minority-apologise-burning-down-office
New PM urges Royal Government to commit to nation’s success
Kitti Tesaphibal Bindit Hun Manet, Prime Minister of the Kingdom of Cambodia, requested his colleagues in the Royal Government to do their utmost to fulfill this noble national mission to achieve the glorious new mandate given by the people through elections. ...
Khmer Times Staff
https://www.khmertimeskh.com/501348610/new-pm-urges-royal-government-to-commit-to-nations-success/
ASEAN initiate talks on digital economy framework agenda
ASEAN economic ministers have initiated talks on the Digital Economy Framework Agreement (DEFA), a significant regionwide accord set to shape the world’s foremost tech-driven financial systems partnership. The launch occurred during the ASEAN Economic Community Council (AECC) gathering, held in the indonesian capital Jakarta on September ...
Ry Sochan
https://phnompenhpost.com/business/asean-initiate-talks-digital-economy-framework-agenda
UN & Cambodia partner up to advance inclusive agricultural growth
An International Fund for Agricultural Development (IFAD) delegation to the KIngdom of Cambodia led by Jyotsna Puri, Associate Vice-President of the Strategy and Knowledge Department, and Reehana Raza, Regional Director for Asia and the Pacific, met key officials, IncludIng Prime MInister Hun Sen, to discuss ...
Khmer Times Staff
https://www.khmertimeskh.com/501234140/un-cambodia-partner-up-to-advance-inclusive-agricultural-growth/
Ministry mulls Alibaba deal to boost int’l sales
The government is exploring the idea of entering into a memorandum of understanding (MoU) with Chinese e-commerce giant Alibaba Group to shore up international online sales of Cambodian products.Minister of Commerce Pan Sorasak on February 14 chaired a first key meeting of an ad-hoc working ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-mulls-alibaba-deal-boost-intl-sales
Minister urges fast-track on study for S Reap expressway
The transport minister on February 15 requested a fast-track on a feasibility study of a new expressway connecting Phnom Penh to Siem Reap, to sign a deal for the project by the end of the third quarter. Minister of Public Works and Transport Sun Chanthol ...
Hin Pisei
https://www.phnompenhpost.com/business/minister-urges-fast-track-study-s-reap-expressway
PM calls for green development as major driver of tourism, economy
Prime Minister Hun Sen urged the public to pay more attention to enhancing green development in order to attract tourists for the benefit of the national economy, according to a letter from Honorary Chairman of the National Committee for Clean City Assessment Prime Minister Hun ...
Van Socheata
https://www.phnompenhpost.com/national/pm-calls-green-development-major-driver-tourism-economy
Chamber of commerce calls for additional SEZ incentives
Representatives of the private sector and economists have encouraged regional developers to establish a private sector development council to invest in regional special economic zones (SEZs), as they called for renewed focus on the development of exiting SEZs. ...
Van Socheata
https://www.phnompenhpost.com/business/chamber-commerce-calls-additional-sez-incentives
Cambodia faces serious tax crimes, says Kong Vibol
Tax, economic, financial and money-laundering crimes have become major impediments in Cambodia’s march to progress said Kong Vibol, Director General of the General Department of Taxation (GDT) on Thursday. internal tax authorities have been seriously facing tax crimes, he observed. ...
Kang Sothear
https://www.khmertimeskh.com/501261473/cambodia-faces-serious-tax-crimes-says-kong-vibol/
Cambodia, Japan discuss cooperation expansion
Cambodian Prime Minister and Ambassador of Japan to Cambodia have discussed the strengthening and expansion of cooperation between the two countries in a number of areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/501403908/cambodia-japan-discuss-cooperation-expansion/
Cambodia, U.S. pledge to further enhance mutually beneficial cooperation
SokChendaSophea, Deputy Prime Minister and Minister of Foreign Affairs and international Cooperation, engaged here on Dec. 14 in a friendly discussion with H.E. Ms. Melissa A. Brown, U.S. Deputy Assistant Secretary, Bureau of East Asian and Pacific Affairs, during the latter’s working visit to the ...
Khmer Times Staff
https://www.khmertimeskh.com/501407468/cambodia-u-s-pledge-to-further-enhance-mutually-beneficial-cooperation/