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Credit guarantee unit to serve Asean

The Credit Guarantee and Investment Facility (CGIF), an agency set up by Asean+3 and the Asian Development Bank to help develop local-currency bond and cross-border bond markets in the region, has started to operate, says chief executive Kiyoshi Nishimura. He said the CGIF will fill in ...

http://www.bangkokpost.com/business/economics/296033/credit-guarantee-unit-to-serve-asean

Malaysian firms urged to venture into Cambodia's agri sector

Malaysian companies have been urged to venture into Cambodia’s agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, ...

http://www.nst.com.my/latest/malaysian-firms-urged-to-venture-into-cambodia-s-agri-sector-1.334244

Three Charged for Logging Rosewood in Angkor

The Siem Reap Provincial Court charged three men Wednesday with illegally logging luxury rosewood inside the Angkor Archaeological Park, a Unesco world heritage site, officials said. Provincial prosecutor Heng Pheng said the suspects had been identified as Sun Phearak, 20, Phay Sophea, 18, and Phin Ron, ...

Aun Pheap
http://www.cambodiadaily.com/news/three-charged-for-logging-rosewood-in%E2%80%88angkor-42695/

Sam Rainsy To Ask Western Nations Not to Recognize Current Government

Opposition leader Sam Rainsy says he is preparing for a trip to the United States and Europe, to urge Western countries not to recognize the newly formed government led by Prime Minister Hun Sen. Sam Rainsy registered to vote on Monday, making him eligible to vote ...

Heng Reaksmey
http://www.voacambodia.com/content/sam-rainsy-to-ask-western-nations-not-to-recognize-current-cambodian-government/1764857.html

Nations unite against dam

Cambodia, Vietnam and Thailand have all called on Laos to submit its planned Don Sahong hydropower dam to an intergovernmental assessment. According to the dam’s opponents, the Laos National Mekong Committee has acted unilaterally in the planning of its second Mekong dam, a project they fear ...

Laignee Barron
http://www.phnompenhpost.com/national/nations-unite-against-dam

Government urges NGOs to support migrant workers from Thailand

Relevant organizations have been actively cooperating with the government in providing transportation service for illegal migrant workers to return to their home after they were sent back by the junta in Thailand. The temporary estimation for the aid so far amounts to nearly 200,000$. The government ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=NDUzNzQxYjI3N2R

Exporter urges Kampot pepper farmers to focus on quality

An exporter has asked farmers to focus on producing high-quality pepper by following strict standards to strengthen demand for their products abroad. According to the Kampot Pepper Promotion Association, 50 percent of Kampot pepper is exported to the EU, while 30 percent is consumed internally. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50673130/exporter-urges-kampot-pepper-farmers-to-focus-on-quality

Wildlife Alliance patrol uncovers dead muntjac, illegal equipment

NGO Wildlife Alliance said the carcass of a red muntjac (Muntiacus muntjak) was found by Thmor Roung station rangers in Koh Kong province during a recent three-day patrol. During the patrol, the rangers released six wild chickens into the jungle and seized a mini-tractor carrying illegal ...

Ry Sochan
https://www.phnompenhpost.com/national/wildlife-alliance-patrol-uncovers-dead-muntjac-illegal-equipment

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/

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/

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/

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/

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/

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

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