Fiscal revenue growth revised down
The Cambodian government has revised its target for year-on-year fiscal revenue growth to 0.3 percent of gross domestic product (GDP), down from the planned 0.5 percent increases as outlined in the original Revenue Mobilisation Strategy 2019-2023. ...
Harrison White
https://www.khmertimeskh.com/50777271/fiscal-revenue-growth-revised-down/
PPSP in legal dispute over power supply contract
Asiatic Group (Holdings) Ltd (AGHL), a Singapore Exchange listed company, has started arbitration proceedings against the Phnom Penh Special Economic Zone Plc (PPSP) seeking a minimum of $14.4 million in relief over a disputed power supply contract. ...
Harrison White
https://www.khmertimeskh.com/50785234/ppsp-in-legal-dispute-over-power-supply-contract/
Achieving energy efficiency crucial to Kingdom’s economy
As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...
Jason Boken
https://www.khmertimeskh.com/50783204/achieving-energy-efficiency-crucial-to-kingdoms-economy/
NGO asks interior minister to lend a hand in Kampong Speu forest land protection
Anti-Corruption, Natural Resource Protection and Civil Rights Protection (ACNCIPO) director Chea Hean said on Monday he is requesting help from Minister of Interior Sar Kheng to protect more than 150ha in the Phnom Oral Wildlife Sanctuary. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ngo-asks-interior-minister-lend-hand-kampong-speu-forest-land-protection
Cambodia goes for 16 days without new COVID-19 positive cases, tally remains at 273 with 265 recoveries
Amidst doom and gloom in most countries with death tolls and number of COVID-19 positive cases increasing daily, Cambodia continued its positive, no new cases trend for the 16th consecutive day. ...
Khmer Times Staff
https://www.khmertimeskh.com/50758426/cambodia-goes-for-16-days-without-new-covid-19-positive-cases-tally-remains-at-273-with-265-recoveries/
PM says sanctions hinder progress
Prime Minister Hun Sen is due on Saturday to emphasise the key role of “multilateralism for global peace” as well as the emerging “unilateral sanction” being a threat to international law at the United Nations General Assembly. ...
Ben Sokhean
http://khmertimeskh.com/50766057/pm-says-sanctions-hinder-progress/
NGOs want access law to be adopted sooner
To mark the International Day for Universal Access to Information yesterday, 20 NGOs insisted the access to information law should be adopted soon, as the draft law is reportedly expected to be submitted to the Council of Ministers shortly. ...
Ry Sochan
https://www.khmertimeskh.com/50767472/ngos-want-access-law-to-be-adopted-sooner/
‘Endangered’ monkeys found in Mondulkiri
The Wildlife Conservation Society (WCS) revealed on Tuesday the discovery of over 20,000 endangered black-shanked douc langurs and about 1,200 endangered yellow-cheeked crested gibbons in Cambodia, mostly in Mondulkiri province’s Keo Seima Wildlife Sanctuary. ...
Voun Dara
https://www.phnompenhpost.com/national/endangered-monkeys-found-mondulkiri
‘Uncertainty’ remains over economic outlook
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. ...
Harrison White
https://www.khmertimeskh.com/50767885/uncertainty-remains-over-economic-outlook/
Hunt for military captain in Kampong Speu timber crime case
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. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/hunt-military-captain-kampong-speu-timber-crime-case
Cambodia-Japan trade increases to $885 million in first five months
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. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50748228/cambodia-japan-trade-increases-to-885-million-in-first-five-months/
PESTECH approved for Cambodia stock market
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. ...
Sorn Sarath
https://www.khmertimeskh.com/50747627/pestech-approved-for-cambodia-stock-market/
New coal-fired power plant in national park commissioned
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. ...
Sorn Sarath
https://www.khmertimeskh.com/50753768/new-coal-fired-power-plant-in-national-park-commissioned/
Mekong is at historical lows
The Mekong is once again at historical lows. The Mekong River Commission (MRC) gauge at Phnom Penh Port shows river level to be four metres below average for this time of year – and lower than last year’s record. ...
Mark Hughes
https://www.khmertimeskh.com/50748811/mekong-is-at-historical-lows/
Logistics sector seeks cash aid but ‘it’s not yet a priority’
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. ...
Sorn Sarath
https://www.khmertimeskh.com/50749687/logistics-sector-seeks-cash-aid-but-its-not-yet-a-priority/
Over 1,000 diagnosed with chikungunya
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. ...
Khann Chanvirak
https://www.khmertimeskh.com/50751044/over-1000-diagnosed-with-chikungunya/
China-Cambodia FTA signing may be inked by late August
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. ...
Harrison White
https://www.khmertimeskh.com/50755511/china-cambodia-fta-signing-may-be-inked-by-late-august/
Environment ministry looks into illegal posts in M’kiri sanctuary
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. ...
Voun Dara
https://www.phnompenhpost.com/national/environment-ministry-looks-illegal-posts-mkiri-sanctuary
Cambodia gets $127.8 million ADB loan to help expand power grid
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. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763156/cambodia-gets-127-8-million-adb-loan-to-help-expand-power-grid/