Renaissance Minerals hits near surface, high grade gold at Okvau in Cambodia
Renaissance Minerals (ASX: RNS) should trade higher after revealing impressive follow-up drilling results from its Okvau gold project in Cambodia. Notable results included 6 metres at 9.49 grams per tonne gold from 9 metres, and 8 metres at 5.95 grams per tonne gold from 61 metres. These results ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/52658/renaissance-minerals-hits-near-surface-high-grade-gold-at-okvau-in-cambodia-52658.html
EU providing over $500 million for C-19 response
The European Union, in a statement issued yesterday, said it is mobilising about $504 million in grants and loans to work with Cambodia in fighting The global COVID-19 (C-19) pandemic and mitigate its socio-economic effects. ...
Khuon Narim
https://www.khmertimeskh.com/50732907/eu-providing-over-500-million-for-c-19-response/
CMAC removes landmines used as home decorations
The Cambodian Mine Action Centre (CMAC) and The Banteay Meanchey provincial authorities on Wednesday collected 30 mines and UXOs from a 48-year-old man who used Them to decorate his home in O’Chrov district’s O’Beichoan commune. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cmac-removes-landmines-used-home-decorations
Wind power on horizon
An 80MW wind power investment project in Kampot province will be ready to deliver electricity as soon as the developer completes negotiating a power purchase agreement with state-run electricity supplier Electricite du Cambodge (EdC). ...
Hin Pisei
https://www.phnompenhpost.com/business/wind-power-horizon
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