Economy to contract for the first time since conflict ended
The International Monetary Fund (IMF) has predicted Cambodia’s 2020 Gross Domestic Product will contract by -1.7 percent this year in line with a global contraction of -3.0 percent. The reduction in GDP represents an economic downturn the world has not seen since the Great Depression, ...
Harrison White
https://www.khmertimeskh.com/50713591/economy-to-contract-for-the-first-time-since-conflict-ended/
New country director for ADB in Cambodia
The Asia Development Bank‘s Cambodia Resident Mission has appointed Eric Sidgwick as its new country director. Sidgwick aims to focus his efforts on promoting an inclusive and environmentally sustainable growth, said a press release issued by the Asia Development Bank (ADB) yesterday. Sidgwick started working at the ...
EU doles out $500M in economic, job aid
Team Europe – the combined efforts of the EU, its member states and their financial institutions and implementing agencies – is mobilising €443 million ($503 million) in grants and loans to work with Cambodia in fighting Covid-19 and mitigating its socio-economic impacts. ...
Ry Sochan
https://www.phnompenhpost.com/national/eu-doles-out-500m-economic-job-aid
Draft law reviewed to curb money laundering
Interior Minister Sar Kheng yesterday held a meeting to review a draft law on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) in a bid to curb money laundering in the Kingdom. The move is motivated by the global money-laundering watchdog Financial Action ...
Khuon Narim
https://www.khmertimeskh.com/50718096/draft-law-reviewed-to-curb-money-laundering/
Prince Ranariddh tells Rainsy not to ‘block aid’
Prince Norodom Ranariddh, leader of the royalist Funcinpec party, has called on opposition Cambodia National Rescue Party president Sam Rainsy not to “block aid” to Cambodia following a resolution passed by the European Parliament last week that suggested aid could be slashed if an arrest ...
Vong Sokheng and Meas Sokchea
http://www.phnompenhpost.com/national/prince-ranariddh-tells-rainsy-not-block-aid
Proposed Koh Kong dam one step closer
A proposed 150MW hydropower project on the upper reaches of the Tatai river in Koh Kong province’s northern Thma Bang district is looking more likely to happen, as the government strives to promote investment in the electricity sector and increase supply. Provincial deputy governor Sok ...
Thou Vireak
https://www.phnompenhpost.com/business/proposed-koh-kong-dam-one-step-closer
Tourism seaport project to be developed in Koh Tonsay, the Rabbit island
A tourism seaport project is unveiled to be constructed in Koh Tonsay (Rabbit Island), Kep province as the environmental and social impact assessment (ESIA) has started. Ms. Ol Phirun, Deputy Governor of Kep province, said that the tourism seaport is an ADB-backed project and a ...
Khmer Times staff
https://www.khmertimeskh.com/50784372/tourism-seaport-project-to-be-developed-in-koh-tonsay-the-rabbit-island/
Open Development Cambodia publishes new map layer on Water and Sanitation
Open Development Cambodia (ODC) has just published a new online resource detailing Cambodia’s water and sanitation coverage in two languages, Khmer and English. With this new resource, the maps illustrate the information of the access to latrines and drinking water in the country’s rural areas. (Water ...
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
Malaysia seat belt law enforcement amongst lowest in SEA – ranks below Cambodia, Vietnam, WHO finds
A closer look at the World Health Organization’s (WHO) Global Status Report on Road Safety 2015 has revealed some rather disturbing information – Malaysia is amongst the lowest-ranked nations in South East Asia (SEA) when it comes to seat belt law enforcement and awareness on ...
Gregory Sze
http://paultan.org/2015/10/22/malaysia-seat-belt-law-enforcement-lowest-sea-who-finds/
Feasibility study on Waste-to-Energy plant in Siem Reap province proposed
A feasibility study on waste-to-energy plant has been proposed to be conducted in Siem Reap province, aiming to convert waste to energy and keep the city clean. Proposed by China’s MIZUDA firm, the 12-megawatt waste-to-energy plant needs at least 210,000 tonnes of waste a year ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50747710/feasibility-study-on-waste-to-energy-plant-in-siem-reap-province-proposed/
Civil servants’ expense stipends cut
Prime Minister Hun Sen on Tuesday issued a sub-decree on steps to reduce government spending for domestic and foreign missions for national and sub-national administrations due to COVID-19. It set the rules and procedures for implementation of the expense budget for civil servant missions to ...
Khann Chan Virak
https://www.khmertimeskh.com/50803609/civil-servants-expense-stipends-cut/
PPAP to reorganise LM17 terminal, sets new container rules
The stock-listed Phnom Penh Autonomous Port (PPAP) is set to give the LM17 container terminal just east of the capital a much-needed layout overhaul to relieve congestion. The river-port operator said this in a March 3 statement signed by director-general Hey Bavy and released to ...
Thou Vireak
https://www.phnompenhpost.com/business/ppap-reorganise-lm17-terminal-sets-new-container-rules
Preah Vihear villagers seek solution to ‘encroachment’
Around 230 families from three villages in Romtom commune of Preah Vihear province’s Rovieng district said they are worried about the continued encroachment on their farmland by three companies which have licences for gold mining and agricultural in the area. ...
Long Kimmarita
https://www.phnompenhpost.com/national/preah-vihear-villagers-seek-solution-encroachment
About 1,500 given jabs so far
Just under 1,500 people received the Sinopharm COVID-19 vaccine in Cambodia between Wednesday and Friday last week, according to a three-day report from the Ministry of Health. ...
Tith Kongnov
https://www.khmertimeskh.com/50813938/about-1500-given-jabs-so-far/
Grab offers innovative carbon offset option to support Cambodian forest protection
Passengers using the Grab ride-hailing app are offered the option to travel carbon neutral, said a press release of Wildlife Conservation Society (WCS) issued this afternoon, adding that a voluntary contribution allows passengers’ rides to be offset via carbon credits from the Keo Seima Wildlife ...
Khmer Times Staff
https://www.khmertimeskh.com/50900387/grab-offers-innovative-carbon-offset-option-to-support-cambodian-forest-protection/
Open Development Cambodia publishes a new topic page on “Disaster and emergency response funding”
Open Development Cambodia (ODC) publishes a new topic page on “Disaster and emergency response funding”. This bilingual new topic page gives a quick overview of Disaster and emergency response funding in Cambodia.=>Please click here to go to “Disaster and emergency response funding”. ...
Open Development Cambodia publishes a new topic page on “Poverty policy and regulation”
Open Development Cambodia (ODC) publishes a new topic page on “Poverty policy and regulation”. This bilingual new topic page gives a quick overview of Poverty policy and regulation in Cambodia.=>Please click here to go to “Poverty policy and regulation”. ...
Hun Sen mulls Myanmar trip to find crisis solution
Prime Minister Hun Sen said there was a strong possibility that he would travel to Myanmar to meet with Min Aung Hlaing, chairman of the ruling State Administration Council (SAC), in Naypyidaw to find a solution to the country’s ongoing crisis so that it could ...
Post Staff |
https://www.phnompenhpost.com/national-politics/hun-sen-mulls-myanmar-trip-find-crisis-solution
Minister proposes agri projects for ADB backing
Agriculture minister Veng Sakhon and Asian Development Bank (ADB) executive director Anthony McDonald on May 27 discussed the needs of some development projects in the agricultural sector in which the Metro Manila-based multilateral lender could potentially provide financial support, according to a post on Sakhon’s ...
Post Staff
https://www.phnompenhpost.com/national/minister-proposes-agri-projects-adb-backing