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Cambodia prepares for G20

If it were a Group of 180 nations meeting, Cambodia would be invited. But the Kingdom’s chances of attending the so-called G20 summit, which brings together the world’s largest economies, are unlikely, says Mey Kalyan, a government adviser who last week became the first Cambodian to ...

http://www.phnompenhpost.com/index.php/2012051456136/Business/cambodia-prepares-for-g20.html

UK grants GSP status to Cambodia effective 2021

Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...

Lim Nary/AKP
https://www.khmertimeskh.com/50791084/uk-grants-gsp-status-to-cambodia-effective-2021/

Investment Law may be in effect as soon as April

Cambodia’s newly-drafted Investment Law will be in effect as soon as in April 2021, according to Ministry of Economy and Finance secretary of state Phan Phalla on January 27. He made the remark at the Public Forum on Macroeconomic Management and Budget Law 2021, ushering ...

Hin Pisei
https://www.phnompenhpost.com/business/investment-law-may-be-effect-soon-april

Phnom Penh-Sihanoukville expressway 51% complete

The construction of the nearly $2 billion Phnom Penh-Sihanoukville Expressway is 51.35 per cent complete and is expected to be finished in 2023, according to Ministry of Public Works and Transport secretary of state Vasim Sorya.   ...

Thou Vireak
https://www.phnompenhpost.com/business/phnom-penh-sihanoukville-expressway-51-complete

Right-hand drive vehicles no longer allowed after June 2022

A senior official at the Council of Ministers warned owners of right-hand drive vehicles that they must change their vehicles over to left-hand drive by June, 2022, or risk having them seized and destroyed. He also noted that beginning in 2021 all privately owned vehicles ...

Lay Samean
https://www.phnompenhpost.com/national/right-hand-drive-vehicles-no-longer-allowed-after-june-2022

Foreign Ministry calls for consideration of all sources for any assessment on Cambodia

Any assessment of Cambodia should take into account all sources of the assessment, underlined Secretary of State of the Ministry of Foreign Affairs and International Cooperation (MFAIC) Luy David in a recent meeting via videoconference with Professor Vitit Muntarbhorn, Special Rapporteur on the situation of ...

Khmer Times Staff
https://www.khmertimeskh.com/501050158/foreign-ministry-calls-for-consideration-of-all-sources-for-any-assessment-on-cambodia/

UN’s Kingdom LDC graduation triennial review in 2024

Following confirmation of Cambodia’s eligibility to depart from the least developed country (LDC) status for the first time ever in 2021, the UN has stated graduation could be recommended “as early as 2027”, so long as the same standards are met when the Committee for ...

Josh Downs
https://www.khmertimeskh.com/501060143/uns-kingdom-ldc-graduation-triennial-review-in-2024/

Cambodia asks US to renew GSP scheme

The Minister of Commerce (MoC) Pan Sorasak on Wednesday discussed strategies to strengthen the bilateral collaboration between Cambodia and the US as well as renew the Generalized System of Preferences (GSP) for some of Cambodia’s products with a delegation led by Jason Smith, Chairman of ...

Kang Sothear
https://www.khmertimeskh.com/501336646/cambodia-asks-us-to-renew-gsp-scheme/

New Siem Reap int’l airport nearly ready for take-off

The State Secretariat of Civil Aviation (SSCA) on July 26 reconfirmed that the new “Siem Reap Angkor International Airport” will officially begin operations on October 16, and revealed that “non-commercial and non-profitable” test flights are set to be conducted from October 5-15, “as per necessary”. ...

May Kunmakara
https://www.phnompenhpost.com/business/new-siem-reap-intl-airport-nearly-ready-take

Ministry outlines plans to tackle flooding in capital

The Ministry of Water Resources and Meteorology has announced a strategy for rapid rainwater drainage from canals, streams and rivers throughout Phnom Penh to mitigate flooding during the rainy season. Ministry secretary of state Chan Sinath spoke of the plan while chairing an emergency meeting on ...

Van Socheata
https://phnompenhpost.com/national/ministry-outlines-plans-tackle-flooding-capital

Khmer Enterprise to double startup and SME investment to $10m

At yesterday’s luncheon discussing Cambodia’s startup and SME ecosystem, Vongsey Vissoth, permanent secretary of state of Ministry of Economy and Finance (MEF), said Khmer Enterprise (KE) will increase its investment portion from $5 million to $10 million as part of the nation’s Covid-19 recovery plans ...

Bun Tharum
https://kiripost.com/stories/cambodia-khmer-enterprise-to-double-startup-sme-investment

PPWSA plans to produce and supply more than 245 million cubic meters of clean water to the people of Phnom Penh by 2023

Sim Sitha, Under Secretary of State, Ministry of Industry, Science, Technology and Innovation and Chairman of the Board of Directors of Phnom Penh Water Supply Authority has set up a plan to produce and supply clean water of more than 245 million cubic meters to ...

Khmer Times Staff
https://www.khmertimeskh.com/501298576/ppwsa-plans-to-produce-and-supply-more-than-245-million-cubic-meters-of-clean-water-to-the-people-of-phnom-penh-by-2023/

PM: Social protection programme benefits 6.5 million people and incurs $100 million per year

The Prime Minister of Cambodia, Dr. Hun Manet, stated that the Royal Government’s policy on social assistance interventions has been extensive in recent years, including the provision of health care services through ID Poor cards and NSSF membership cards, which involves more than 6.5 million ...

Khmer Times Staff
https://www.khmertimeskh.com/501435421/pm-social-protection-programme-benefits-6-5-million-people-and-incurs-100-million-per-year/

Cambodia ready to be a strategic partner of businessmen and investors

Cambodia is ready to be a strategic partner of businessmen and investors to seize ASEAN’s viable economic opportunities and is committed to working closely with ASEAN member states and dialogue partners to build a resilient, sustainable and competitive ASEAN Economic Community (AEC) for the common ...

Khmer Times Staff
https://www.khmertimeskh.com/501466969/cambodia-ready-to-be-a-strategic-partner-of-businessmen-and-investors/

Meet focuses on technology’s role in sustainable agriculture

The state-run Agriculture and Rural Development Bank (ARDB) is hosting the three-day 47th Association of Development Financing Institutions (DFIs) in Asia and the Pacific’s (ADFIAP) annual meetings that kicked off in Phnom Penh, yesterday, outlining the role of technology and innovation in enhancing agricultural productivity, ...

Chea Vanyuth
https://www.khmertimeskh.com/501489148/meet-focuses-on-technologys-role-in-sustainable-agriculture/

City Gives Lakeside Land Detail

City officials said yesterday that an offer of land to people living near Boeung Kak lake would not force residents to relocate, following  concerns about how the city would implement Prime Minister Hun Sen’s order. Villagers won 12.44 hectares of land for on-site housing at the ...

http://www.phnompenhpost.com/index.php/2011082351196/National-news/city-gives-lakeside-land-detail.html

Room for compromise in wage debate: official

The Garment Manufacturers Association in Cambodia and unions both need to compromise further to secure a “proper wage” for garment workers whose lives are hampered by their current $61 minimum wage, a Ministry of Social Affairs official overseeing wage negotiations said yesterday. “The government needs the ...

http://www.phnompenhpost.com/2013030661779/National/room-for-compromise-in-wage-debate-official.html

Sacombank Shutters Cambodian Securities Arm

A major Vietnamese bank is closing its brokerage and securities arm in Cambodia, an official said yesterday, amid the ongoing drought of listings on the Cambodian Securities Exchange (CSX). Sacombank, which will continue to operate as a bank in Cambodia, set up the securities firm ...

http://www.cambodiadaily.com/business/sacombank-shutters-cambodian-securities-arm-15738/

Farmers Accuse Mining Company of Threatening Land Grab

Some 300 farmers protested for a second day at their local commune office in Preah Vihear province Thursday against a mining company they accuse of threatening to steal their land unless they accepted its compensation offer to relocate. The Ministry of Industry, Mines and Energy granted ...

Aun Pheap
http://www.cambodiadaily.com/news/farmers-accuse-mining-company-of-threatening-land-grab-48209/

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