NGO report: Gov’t wrong to evict poor
Prek Pnov district authorities have denied a report by NGO Sahmakum Teang Tnaut (STT) which claims that it continued to evict poor families from their homes over the past three months while they struggled financially due to the Covid-19 pandemic. ...
Ry Sochan
https://www.phnompenhpost.com/national/ngo-report-govt-wrong-evict-poor
Government insists GDP contraction for 2020 will not be more than -1.9 percent
The Royal Government will stand by its forecast that The economy will not contract by more than -1.9 percent this year. In addition, it has forecasted that positive growth will return in 2021 with an estimated 3.5 percent. ...
Cambodia, Malaysia boost military ties
Malaysian ambassador to Cambodia Eldeen Husaini said he expects a joint military drill with Cambodia to happen next year while military courses under the Malaysian Defence Cooperation Programme (MDCP) could be brought directly to the Kingdom. ...
Niem Chheng
https://www.phnompenhpost.com/national/cambodia-malaysia-boost-military-ties
Rong Chhun charged with incitement over border comments
The Phnom Penh Municipal Court has charged outspoken union leader Rong Chhun for incitement to commit a felony over comments he made about demarcation border posts between Cambodia and Vietnam, which The government has said is disinformation. ...
Khuon Narim
https://cambojanews.com/rong-chhun-charged-with-incitement-over-border-comments/
Relevant legislation: Ministry drafting new immigration law
A ministry working group is drafting a new law aimed to effectively manage immigrants and all foreigners in the Kingdom as Interior Minister Sar Kheng said the current Law on Immigration has many “loopholes and challenges” in its implementation. ...
Ben Sokhean
https://www.khmertimeskh.com/50749526/relevant-legislation-ministry-drafting-new-immigration-law/
Policymakers push new laws to attract more foreign investment
Local policymakers are driving Cambodia’s regional geography, young population and low labour costs to attract more foreign direct investment (FDI) as the Kingdom releases its new five-year development plan for the garment industry. ...
Sorn Sarath
https://www.khmertimeskh.com/50751156/policymakers-push-new-laws-to-attract-more-foreign-investment/
Mr Hun Sen urges MFIs to sympathise with debtors’ difficulties
Prime Minister Hun Sen has reiterated his appeal to all financial institutions not to take tough actions against debtors as they (debtors) faced difficulties in repaying loans amid the COVID-19 pandemicwhich is wrecking havoc on the economy. ...
Ben Sokhean
https://www.khmertimeskh.com/50755539/mr-hun-sen-urges-mfis-to-sympathise-with-debtors-difficulties/
PPSP: No dividends but share buyback
The Cambodia Securities Exchange (CSX)-listed Phnom Penh SEZ Plc (PPSP) has announced that it will have no dividend distribution this year and will also be buying back company shares (at an undisclosed volume and value), according to documents filed to The exchange. ...
Harrison White
https://www.khmertimeskh.com/50773546/ppsp-no-dividends-but-share-buyback/
Minimum wage to be decided
The National Council on Minimum Wage will decide on a wage increase for workers in The garment, footwear, textile and travel product sectors at a meeting on Thursday after a figure could not be reached at a tripartite meeting on Wednesday. ...
Mom Kunthear
https://www.phnompenhpost.com/national/minimum-wage-be-decided
SME fund launched to fight economic stagnation
Relevant ministries and private sectors are joining up to form another tool, the Small and Medium Enterprise Fund “SME fund” to promote local SMEs to help Cambodia overcome economic stagnation during the COVID-19 pandemic. ...
Sorn Sarath
https://www.khmertimeskh.com/50776655/sme-fund-launched-to-fight-economic-stagnation/
Rights groups appeal for prisons testing, as Hun Sen solicits vaccine funds
Three international and domestic rights groups said the government must test prisoners who may have been exposed to an Interior Ministry official who had the disease, with Prime Minister Hun Sen focused on soliciting funds for vaccine acquisitions. ...
Sorn Sarath
https://cambojanews.com/rights-groups-appeal-for-prisons-testing-as-hun-sen-solicits-vaccine-funds/
France gives $91 million for agriculture, climate fight
The French government, through The French Development Agency (AFD), has provided two credit agreements worth €75 million ($91 million) to Cambodia to support sustainable agricultural and rural development, as well as climate change fight in Cambodia. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/france-gives-91-million-agriculture-climate-fight
India trade tumbles 26% in 2020
The trade value between Cambodia and India saw a dramatic 25.81 percent reduction last year to $190.13 million from 2019’s $256.26 million as The Kingdom embarked on a feasibility study for a free trade agreement (FTA). ...
Hin Pisei
https://www.phnompenhpost.com/business/india-trade-tumbles-26-2020
Buy Now, Pay Later model could supplant credit cards
According to technology business site Tech In Asia, the once-obscure Buy Now Pay Later (BNPL) trend is getting new legs, which could see the option spreading in an increasingly digital Asia-Pacific. ...
Tom Starkey
https://www.khmertimeskh.com/50810014/buy-now-pay-later-model-could-supplant-credit-cards/
Developing recruitment processes key amid digital adoption: Experts
Recruitment has come a long way since its humble beginnings as printed box adverts in the local newspaper. According to global niche technology staffing company Next Venture, technology has and will continue to have the biggest impact on recruitment. ...
Tom Starkey
https://www.khmertimeskh.com/50809632/developing-recruitment-processes-key-amid-digital-adoption-experts/
NGOs: Reorient mining fund provisions
OXFAM Cambodia and the NGO Affiliated Network for Social Accountability (ANSA) will jointly implement a project aimed at providing input to the government’s mineral resource development fund. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ngos-reorient-mining-fund-provisions
Kingdom seeks buyers for crude amid discouraging production
The government and Singaporean oil exploration firm KrisEnergy Ltd are actively working togeTher to find markets for The crude oil produced offshore Cambodia and to plan for furTher steps in resource development for Block A, according to a senior government official. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-seeks-buyers-crude-amid-discouraging-production
Mondulkiri’s tourism master plan green lit, waiting for final approval
The draft for Mondulkiri’s tourism development master plan 2021-2035 received endorsement from The National Tourism Development Committee according to press release on June 29. ...
Khmer Times staff
https://www.khmertimeskh.com/884075/mondulkiris-tourism-master-plan-green-lit-waiting-for-final-approval/
Low water levels for Tonle Sap Lake hurt ecology and economy
The Mekong River Commission (MRC) said low dry season river flows has caused a decrease in water levels in The Tonle Sap Lake, and called on all Mekong countries to improve river management. ...
Ry Sochan
https://www.phnompenhpost.com/national/low-water-levels-tonle-sap-lake-hurt-ecology-and-economy
Unions Demand Global Brands Help Workers Losing Income during Lockdown
Workers’ unions and civil society groups called on well-known fashion brands to do more to help Cambodian workers affected by the COVID-19 pandemic. This came after a new report stated that Cambodian garment sector workers had lost millions in wages during the lockdown from April ...
Lay Sopheavotey
https://cambodianess.com/article/unions-demand-global-brands-help-workers-losing-income-during-lockdown