‘SME Development Policy’ drafted for approval
A draft development policy for Small and Medium Enterprise (SME) and a new SME definition has been sent to the Ministry of Economy and Finance’s Economic and Financial Policy Committee (EFPC) for review and approval, according to a senior official. ...
Sok Chan
https://www.khmertimeskh.com/50716393/sme-development-policy-drafted-for-approval/
Coronavirus brings trouble to Cambodia’s garment industry
Hundreds of garment factories in Cambodia and elsewhere in Asia are facing serious financial problems because clothing brands have either canceled their orders or stopped placing new ones over the past several weeks. ...
Khmer Times Staff
https://www.khmertimeskh.com/50718817/coronavirus-brings-trouble-to-cambodias-garment-industry/
Unions warn against ‘race to the bottom’
As the ASEAN Economic Community agreement nears its implementation on December 31, a network of trade unions has warned that the regional labour market’s liberalisation could spark a “race to the bottom” and harm poor Cambodian workers due to rampant cost-cutting. ...
Sen David
http://www.phnompenhpost.com/national/unions-warn-against-race-bottom
More than two million people benefit from NSSF: Prime Minister
Prime Minister Hun Sen on the 134th of International Labour Day said more 2.1 million people including workers, employee, and public officials have received benefits from the National Social Security Fund (NSSF) since 2008. ...
Va Sonyka
https://www.khmertimeskh.com/50719325/more-than-two-million-people-benefit-from-nssf-prime-minister/
Loans in Kingdom soaring
Credit Bureau Cambodia (CBC) has reported that the total outstanding loans in the first quarter of the year reached about $28.4 billion, up to 26 percent compared with the same period last year. ...
Sok Chan
https://www.khmertimeskh.com/50722002/loans-in-kingdom-soaring/
Cambodia lifts cross-border travel restrictions with Vietnam
The government yesterday informed Vietnam regarding its decision to lift the ban on cross-border movement via borders shared with the country but said prevention guidelines remain in place to mitigate risks of coronavirus transmission. ...
Ben Sokhean
https://www.khmertimeskh.com/50736881/cambodia-lifts-cross-border-travel-restrictions-with-vietnam/
Cambodia expects to be landmine-free within 5 years
The Cambodian government will deploy 2,000 soldiers to train as deminers after Western nations, led by the United States, bolstered efforts to rid the country of landmines and other unexploded ordnance by 2025. ...
Luke Hunt
https://www.voacambodia.com/a/5635885.html
Health ministry issues warning as cold front take aim on Cambodia
The Ministry of Health is warning the public to be ready for a cold front and protect their health as the temperature drops. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/health-ministry-issues-warning-cold-front-take-aim-cambodia
PPSP share buyback planned for mid-December
Phnom Penh Special Economic Zone (PPSP) will commence and execute its share buyback plan in the middle of December, if approved by the exchange and its regulator, according to information given to Khmer Times by the company’s management. ...
Harrison White
https://www.khmertimeskh.com/50789601/ppsp-share-buyback-planned-for-mid-december/
Koh Kong confronts encroachment on protected state land
Authorities in Koh Kong province are searching for the individuals who set up border posts on nearly 200ha of protected forest, with officials and activists claiming that powerful tycoons had hired local people to encroach on the land. ...
Voun Dara
https://www.phnompenhpost.com/national/koh-kong-confronts-encroachment-protected-state-land
Green SEZ set for Svay Rieng town
Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd on Thursday signed a strategic partnership with Environmental Protection Industry Associations of Cambodia (Epiac). ...
May Kunmakara
https://www.phnompenhpost.com/business/green-sez-set-svay-rieng-town
News Analysis: GMAC lawsuit opens old wounds for unknown benefits
The decision by the Garment Manufacturers Association of Cambodia (GMAC) to file a lawsuit against the European Commission (EC) has reignited the ongoing struggle between Cambodia and the European Union (EU) to promote bilateral trade and uphold a political agenda. ...
Harrison White and Sok Chan
https://www.khmertimeskh.com/50769181/news-analysis-gmac-lawsuit-opens-old-wounds-for-unknown-benefits/
After human drain from Sihanoukville, casinos follow suit
Sihanoukville is set to lose yet another casino as Century Entertainment International Holdings, formerly known as Amax International Holdings Limited, will relocate its gaming floor from Sihanoukville to the up and coming tourist spot of Dara Sakor in Koh Kong province. ...
Jason Boken
https://www.khmertimeskh.com/50770745/after-human-drain-from-sihanoukville-casinos-follow-suit/
No entry from two nations
Alarmed over the number of Covid-positive passengers coming in via Malaysia and Indonesia, the government is temporarily suspending flights from both countries from August 1 until their infection rates decline. ...
Khann Chan Virak
https://www.khmertimeskh.com/50748812/no-entry-from-two-nations/
Upcoming holidays to be celebrated under tight security
Tighter security will be expected across the country in conjunction with the upcoming holidays, from August 17 to 21, which was set in lieu of the postponed Khmer New Year in April. ...
Ben Sokhean
https://www.khmertimeskh.com/50749968/upcoming-holidays-to-be-celebrated-under-tight-security/
Business cluster to boost economy
The $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure. ...
Sok Chan
https://www.khmertimeskh.com/50762433/business-cluster-to-boost-economy/
Power grid upgrades expand service, improve reliability
State-run electricity utility Electricite du Cambodge (EDC) has inaugurated a new substation and 230kV high-voltage transmission line in Tbong Khmum province as part of the government’s efforts to promote electrical-grid stability for the public and industries. ...
Thou Vireak
https://www.phnompenhpost.com/business/power-grid-upgrades-expand-service-improve-reliability
Private clinics ordered to follow prescription rule
The Ministry of Health has again reminded all private health service providers to issue computer-printed prescriptions and results from laboratories after finding that some clinics still give patients handwritten paperwork which is not in accordance with medical regulations. ...
Mom Kunthear
https://www.phnompenhpost.com/national/private-clinics-ordered-follow-prescription-rule
Firm eyes Svay Rieng to set up tyre factory
According to a feasibility study revealed in a report published by Tyrepress Media, the tire-maker is interested in building a facility within Svay Rieng province’s QiLu (Cambodia) Special Economic Zone that is capable of making five million semi-steel radials a year. ...
Thou Vireak
https://www.phnompenhpost.com/business/firm-eyes-svay-rieng-set-tyre-factory
Cambodia’s exports to Vietnam increase
Cambodia’s exports to Vietnam rose in 2020 despite both nations imposing strict cross-border movement control to fight the pandemic. Data from the Ministry of Commerce showed Cambodia’s exports to Vietnam rising by 14.8 percent in 2020 to $385 million. ...
Chea Vanyuth
https://www.khmertimeskh.com/50825872/cambodias-exports-to-vietnam-increase/