MRC unveils plans to balance Mekong basin development
The Mekong River Commission (MRC) unveiled a new 10-year Basin Development Strategy (BDS) and five-year Strategic Plan (SP) to balance basin development and management to enable Mekong member countries to address emerging challenges and improve the overall state of the basin. ...
Lay Samean
https://www.phnompenhpost.com/national/mrc-unveils-plans-balance-mekong-basin-development
Sihanoukville port terminal construction delayed
Construction of a new container terminal of Sihanoukville Autonomous Port has been delayed to early next year due to slower-than-planned layout design, according to the management. ...
Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-port-terminal-construction-delayed
State markets allowed to fully reopen
All kinds of business in state markets are permitted to resume from the onset of June 15, according to a new decision issued by Phnom Penh municipal governor Khuong Sreng late on June 14. ...
Post Staff
https://www.phnompenhpost.com/national/state-markets-allowed-fully-reopen
Stiffer fines for violators of consumer protection law
More than 1,000 officers from the Directorate-General of Consumer Protection, Competition and Fraud Repression (CCF) with increased powers are set to enforce new measures and impose stiffer penalties for businesses that break the law from July 1. ...
Long Kimmarita |
https://www.phnompenhpost.com/national/stiffer-fines-violators-consumer-protection-law
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
Work starts on $3 mn highway in Kampong Cham
Work is under way on a new road in Kampong Cham, funded with $3 million from the World Bank and the Cambodian government. The two-lane double bituminous surface treated road will run nearly 30 kilometres between Boeung Trav and Anlong Koki. ...
Khmer Times Staff
https://www.khmertimeskh.com/50897549/work-starts-on-3-mn-highway-in-kampong-cham/
Requests for loans drop 34% in Apr-Jun
Applications for loans in the financial sector continued to drop in the second quarter of this year over concerns regarding the coronavirus outbreak and economic repercussions of the ensuing health crisis, according to a new report. ...
May Kunmakara
https://www.phnompenhpost.com/business/requests-loans-drop-34-apr-jun
Officials meet with their EU counterparts to talk recovery
Senior government officials and European counterparts met last Friday to discuss Cambodia’s economic plan. New trade policies to help the Kingdom recover from the pandemic were the focus of the conversation as well as the World Trade Organization’s role in shaping the post-pandemic recovery. ...
Husain Haider
https://www.khmertimeskh.com/50896690/officials-meet-with-their-eu-counterparts-to-talk-recovery/
Prime Minister touts Win-Win Policy on World Peace Day
Cambodia celebrated World Peace Day yesterday by remembering the 23 years of peace in the country since 1998 when the last Khmer Rouge soldiers defected to the government, ushering in a new era of peace and stability that continues today. ...
Yin Soeum
https://www.khmertimeskh.com/50939211/prime-minister-touts-win-win-policy-on-world-peace-day/
Cup plant to use rice, corn, cassava
Local enterprise TK&D Manufacturing on September 19 inaugurated a new production line for paper cups and straws made from rice, corn and cassava in Pursat province’s easternmost Krakor district, to supply domestic and international markets. ...
Thou Vireak
https://www.phnompenhpost.com/business/cup-plant-use-rice-corn-cassava
Kingdom-EAEU team to push for FTA
Cambodia is reportedly keen to set up a new joint team with the Eurasian Economic Union (EAEU) to conduct a more detailed examination of the possibility of formally launching free trade agreement (FTA) talks with the bloc soon, and add impetus to underwhelming bilateral trade ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-eaeu-team-push-fta
First vehicle assembly plant next year: RMA
Local publicly-listed firm RMA (Cambodia) Plc is planning to set up the Kingdom’s first motor vehicle assembly plant, to capitalise on the rising consumer demand for brand-new personal vehicles seen in recent years. ...
May Kunmakara
https://www.phnompenhpost.com/business/first-vehicle-assembly-plant-next-year-rma
Kingdom commits to produce more renewable energy
Cambodia is committed to incorporating more renewable energy into a new Ministry of Mines and Energy master plan, to mitigate the carbon footprint of the Kingdom’s socio-economic development, according to minister Suy Sem on September 16. ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-commits-produce-more-renewable-energy
Council set to advance digital socio-economic development
The government has established the National Economic and Digital Society Council (NEDSC) to build a foundation of a digital society to drive new economic growth, according to a royal decree on the council’s organisation and functioning released on September 8. ...
Thou Vireak
https://www.phnompenhpost.com/business/council-set-advance-digital-socio-economic-development
Covid-safe schools to resume, in piecemeal reopening plans
The Ministry of Education, Youth and Sport issued new instructions on August 31 advising both state and private schools in areas where Covid-19 transmissions are relatively low to begin preparations for re-opening later this year. ...
Mom Kunthear
https://www.phnompenhpost.com/national/covid-safe-schools-resume-piecemeal-reopening-plans
Siem Reap, Kampong Speu lift Covid restrictions
The Siem Reap Provincial Administration has lifted the 9pm-3am curfew throughout the province after a decrease in the rate of new Covid-19 cases. Kampong Speu province similarly decided to lift restrictions and reopen businesses. ...
Lay Samean
https://www.phnompenhpost.com/national/siem-reap-kampong-speu-lift-covid-restrictions
$550M of investment projects get CDC nod
The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...
Hin Pisei
https://www.phnompenhpost.com/business/550m-investment-projects-get-cdc-nod
China to help set up jab factory
China pledged to provide more vaccine assistance to Cambodia and to establish a production facility in the Kingdom as the Covid-19 situation remains uncertain with the emergence of new variants and no clear end in sight. ...
Voun Dara
https://www.phnompenhpost.com/national/china-help-set-jab-factory
Carbon credits fund forests
The government and partner organisations are seeking new markets in which to sell carbon credits in order to raise funds for its efforts to increase and strengthen the protection of natural resources in the Kingdom. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/carbon-credits-fund-forests