The World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase. ...

Kampong Speu provincial authorities are on the hunt for Choeung Theng, a military officer allegedly connected to 191 pieces of illegally acquired timber which police found concealed in Oral district’s Sangke Satoap commune. ...

Trade between Cambodia and Japan reached $884.9 million from January to May 2020, down 3.8 percent year-on-year. Statistics from Japan External Trade Organisation (JETRO) show that during the first five months of this year. ...

PESTECH (Cambodia) Plc, a subsidiary of Malaysia-based PESTECH International Bhd, has been granted an approval to proceed with its Initial Public offering (IPO) on the Cambodia Securities Exchange (CSX), the company announced. ...

The Kingdom’s tycoon Kith Meng’s Royal Group has secured 168.8 hectares of land in Koh Kong’s Botum Sakor National Park under a leasing agreement to develop a 700 megawatt (mW)  coal power plant, according to a government sub-decree. ...

The Kingdom’s transportation sector, one of the many industries hit hard by the virus outbreak, is seeking financial support from the government even though goods traffic via water is seeing a slight recovery this month. ...

Chikungunya has spread to 12 provinces across the Kingdom, with over a thousand patients testing positive for the vector-borne disease between July 19 and 31, the Ministry of Health announced on Saturday. ...

The exact date for the signing of the China-Cambodia Free Trade Agreement (FTA) continues to remain unclear as senior officials speculate to Khmer Times that the agreement could be inked in Beijing later this month. ...

The Ministry of Environment is investigating a group that erected more than 50 stone and wooden posts and built fences on State land in the Keo Seima Wildlife Sanctuary in Mondulkiri province. ...

The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...

The Asian Development Bank (ADB)approved a $127.8 million loan on Friday to expand the construction of transmission lines and substations, aiming to help provide Phnom Penh and three other provinces with a stable and reliable electricity supply. ...

Cambodia and Japan have just held the 20th Cambodia-Japan Public-Private Sector Meeting under the agreement for the liberalisation, promotion and protection of investment. This is the only bilateral mechanism between the two countries to promote diplomatic, economic, trade and investment cooperation. ...

The Ministry of Environment has been tasked with compiling data on four areas that are home to Irrawaddy dolphins in Kratie and Preah Vihear provinces. The report is in preparation for possible inclusion on the UNESCO World Natural Heritage list. ...

According to a Ministry of Tourism report released today, over 450,000 people were reported to have visited tourist destinations across Cambodia yesterday, in a massive boost for the Kingdom’s hard-hit sector. ...

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

The government has deposited more than $31 million to Wing agents nationwide to provide for the third round of payments for the IDPoor equity card scheme, set to benefit nearly 700,000 poor and vulnerable families, equivalent to 2.8 million people. ...

Authorities in Battambang province’s Ek Phnom district have been given permission to begin restoration of Takom Lake, a 10ha ancient lake located in the district’s Peam Ek commune. ...

The Cambodian Mine Action Centre (CMAC) and the Anti-Persoonsmijnen Ontmijnende Product Ontwikkeling (Apopo), known in English as the Anti-Personnel Landmines Removal Product Development, have signed a memorandum of understanding (MoU) on landmine detection rats in Cambodia. ...