‘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/
ADB provides $127.8 million loan for reliable electricity infrastructure
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. ...
Japanese investments in Cambodia
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. ...
Sorn Sarath
https://www.khmertimeskh.com/50763633/japanese-investments-in-cambodia/
Ministry wants dolphin areas on UNESCO list
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. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-wants-dolphin-areas-unesco-list
New programme set to track, manage One Window service
The Ministry of Interior announced it has put in place an information programme for managing one window service requests starting this month. The programme will make it easier for citizens to monitor service requests at each stage on their phones. ...
Long Kimmarita
https://www.phnompenhpost.com/national/new-programme-set-track-manage-one-window-service
Pchum Ben provides boost in tourism across Kingdom
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. ...
Dina Huon
https://www.khmertimeskh.com/50764441/pchum-ben-provides-boost-in-tourism-across-kingdom/
Japan offers $239 million in emergency assistance
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).” ...
Ry Sochan
https://www.khmertimeskh.com/50775690/japan-offers-239-million-in-emergency-assistance/
Floods are ‘Natural’, PM says, but experts note changes to lakes, climate
With more heavy rainfall expected this weekend and ongoing flooding that has killed at least 21 people this month, Prime Minister Hun Sen cast doubt that the in-filling of capital lakes had contributed to severe flooding in Phnom Penh. ...
Matt Surrusco
https://vodenglish.news/floods-are-natural-pm-says-but-experts-note-changes-to-lakes-climate/