CRF asks ministry for $30M increase to purchase paddy
The Cambodia Rice Federation (CRF) has asked the Ministry of Economy and Finance to disburse an additional $30 million through the state-owned Agricultural and Rural Development Bank (ARDB), its president Song Saran told The Post on Monday. ...
Thou Vireak
https://www.phnompenhpost.com/business/crf-asks-ministry-30m-increase-purchase-paddy
LDP warned by NEC over alleged violation
Khem Veasna, founder and president of the League for Democracy Party, has been issued a formal warning by the National Election Committee (NEC) today for allegedly violating election rules by continuing to campaign on Facebook despite the ban. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/ldp-warned-nec-over-alleged-violation
Port operator’s IPO share price set near high tide mark
Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark
Equipment sale ordered to pay wages
The Phnom Penh Municipal Court has issued a warrant for the temporary seizure of Top World Garment Cambodia Ltd’s property in order to get the employer to appear and find a solution for workers still owed their December salaries. ...
Sen David
http://www.phnompenhpost.com/national/equipment-sale-ordered-pay-wages
Cambodia and China set to sign Mekong-Lancang Fund agreement
Foreign Affairs Minister Prak Sokhonn and Wang Wentian, Chinese Ambassador to Cambodia are scheduled to sign the 7.2-million agreement on the cooperation projects of the Mekong-Lancang Cooperation Special Fund at the ministry today, according to the Foreign Affairs Ministry statement. ...
Khann Chanvirak
https://www.khmertimeskh.com/50736925/cambodia-and-china-set-to-sign-mekong-lancang-fund-agreement/
Kampong Chhnang journalist denies inciting villagers against military
The owner of a provincial radio station, Sok Oudom, maintained he had not incited villagers in Kampong Chhnang province against the military during his incitement trial on Tuesday, with a verdict expected on November 17. ...
Khuon Narim
https://cambojanews.com/kampong-chhnang-journalist-denies-inciting-villagers-against-military/
U.S. government support assists more than 2,500 flood-affected families in Pursat
The U.S. Embassy provided food assistance to over 2,500 flood-affected households in the Cambodian province of Pursat last week, funded by the U.S. Agency for International Development (USAID) and distributed through the United Nations World Food Programme (WFP). ...
Khmer Times Staff
https://www.khmertimeskh.com/50778961/u-s-government-support-assists-more-than-2500-flood-affected-families-in-pursat/
Two rare tree species identified in Keo Seima Wildlife Sanctuary
Two rare tree species believed to be endangered were discovered in Keo Seima Wildlife Sanctuary in the northeastern provinces of Mondulkiri and Kratie, according to an announcement released by the Wildlife Conservation Society in Cambodia (WCS Cambodia) on November 17. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/two-rare-tree-species-identified-keo-seima-wildlife-sanctuary
Indo-Pacific trade fair opens
Twenty leading Cambodian companies are set to participate in the third edition of the Indo-Pacific Business Forum (IPBF) on Wednesday to explore the potential business and investment opportunities that are available in the region. ...
May Kunmakara
https://www.phnompenhpost.com/business/indo-pacific-trade-fair-opens
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
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/