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’s economy stagnant in first half
The National Bank of Cambodia (NBC) said the Kingdom’s economic growth stagnated in the first half of the year due to the impact of the COVID-19 pandemic and forecast that the country’s GDP would contract 1.9 percent this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50744787/cambodias-economy-stagnant-in-first-half/
Cambodia to monitor effectiveness of Chinese C-19 vaccine before use
Ministry of Health spokeswoman Or Vandine said yesterday the ministry will continue to monitor the effectiveness of the vaccine before it makes any decision on adopting it in Cambodia. ...
Khann Chanvirak
https://www.khmertimeskh.com/50756876/cambodia-to-monitor-effectiveness-of-chinese-c-19-vaccine-before-use/
Quarantined man found dead in an isolation room in Tboung Khmum
A 21-year-old man who was placed in quarantine at an isolation room in Tboung Khmum province’s Krouch Chhmar district was found dead yesterday and the cause has yet to be determined. ...
Ben Sokhean
https://www.khmertimeskh.com/50747972/quarantined-man-found-dead-in-an-isolation-room-in-tboung-khmum/
AMRO lowers further Cambodia’s economic growth
According to the news released from Singapore, Cambodia’s economic growth this year has been forecasted to drop from previous prediction (April) of 2.7 percent this year, and 6.8 percent next year to -1.8 percent this year and 6.5 next year. ...
Heng Panha /AKP
https://www.khmertimeskh.com/50752710/amro-lowers-further-cambodias-economic-growth/
Agriculture share of Kingdom’s GDP on track to hit 32 per cent
The agricultural industry is on track to account for 32 per cent of Cambodia’s gross domestic product (GDP) by the end of the year as more of the Kingdom’s workforce moves into the sector, Royal Academy of Cambodia economics researcher Ky Sereyvath has said. ...
Thou Vireak
https://www.phnompenhpost.com/business/agriculture-share-kingdoms-gdp-track-hit-32-cent
Debt and migration during COVID-19
Strict Thai border closures, as well as water shortages, have caused increased financial hardship for villagers this year who had seen their incomes reduced as remittances from overseas fell and crops were damaged. ...
Sok Chan and Harrison White
https://www.khmertimeskh.com/50754977/debt-and-migration-during-covid-19/
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/
Heavy rain brings more misery to industry
Hard on the heels of the hardship of the global COVID-19 pandemic, which has left hundreds of thousands unemployed in the manufacturing and tourism sector, Cambodia’s industry is now struggling with the challenge of heavy flooding, which is particularly harming the agriculture sector. ...
Sorn Sarath
https://www.khmertimeskh.com/50772449/heavy-rain-brings-more-misery-to-industry/
Grim findings on wages after COVID-19 struck
A nationwide COVID-19 economic impact study has found that overall salaries across Cambodia have decreased by around 30 percent in just four months (between January and April this year) with entertainment and sex workers reporting an 85 percent decline in income. ...
Harrison White
https://www.khmertimeskh.com/50762432/grim-findings-on-wages-after-covid-19-struck/
Preah Sihanouk gets Covid-19 lab
Preah Sihanouk province will become the second after Siem Reap to have a laboratory to test for Covid-19 after a plan was approved to build one at the Preah Sihanouk Provincial Referral Hospital. ...
Khorn Savi
https://www.phnompenhpost.com/national/preah-sihanouk-gets-covid-19-lab
Asean-UN join forces against COVID-19, landmines
Foreign Affairs Minister Prak Sokhonn has reiterated Cambodia’s support for the crucial roles the United Nations is playing in steering global efforts to combat COVID-19. ...
Ry Sochan
https://www.khmertimeskh.com/50776023/asean-un-join-forces-against-covid-19-landmines/
Vaccine not a cure-all for Covid-19, official warns
While the government prepares to purchase Covid-19 vaccines, it has appealed to the public to understand that vaccinations will not be a panacea solution and to remember to remain vigilant in efforts to prevent spread of infection. ...
Mom Kunthear
https://www.phnompenhpost.com/national/vaccine-not-cure-all-covid-19-official-warns
Vegetables left to spoil on Kandal farms as farmers can’t find buyers
Farmers in Kandal province say they each have thousands of dollars worth of vegetables spoiling in their fields because they can’t find buyers. In Sa’ang district, an area known for vegetable growing, salad greens farmer Tai Song, 35, said growers all around were unable to find ...
Khut Sokun
https://vodenglish.news/vegetables-left-to-spoil-on-kandal-farms-as-farmers-cant-find-buyers/
Domestic tourism is key to sector recovery: Experts
A report by the UNWTO said that with travellers now considering shorter trips and destinations closer to home, countries with higher shares of domestic tourism are likely to recover earlier and faster. ...
Tom Starkey
https://www.khmertimeskh.com/50793199/domestic-tourism-is-key-to-sector-recovery-experts/
First doses of Sinopharm to be suspended
The Ministry of Health on Thursday evening announced that first doses of Sinopharm doses would be suspended throughout the country on a rolling basis while first doses of AstraZeneca would continue to be administered to those 60 years old and older. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50823747/first-doses-of-sinopharm-to-be-suspended/
Ministry seeks more donations for vaccines to achieve herd immunity
The Health Ministry has appealed for public donations to purchase more vaccines to inoculate the targeted 80 percent of the population. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50825178/ministry-seeks-more-donations-for-vaccines-to-achieve-herd-immunity/
1.5 million doses of China’s Sinovac vaccines to arrive in Cambodia soon
Cambodia is set to receive some 1.5 million doses of China’s Sinovac vaccine in the near future in addition to Sinopharm and AstraZeneca. ...
Khmer Times Staff
https://www.khmertimeskh.com/50825692/1-5-million-doses-of-chinas-sinovac-vaccines-to-arrive-in-cambodia-soon/
Teachers in Phnom Penh and four provinces to get jabs
The government has extended its vaccination drive to teachers in Phnom Penh and four provinces amid the February 20 community event. ...
Tith Kongnov
https://www.khmertimeskh.com/50826223/teachers-in-phnom-penh-and-four-provinces-to-get-jabs/
Tax revenue from casino sector drops
Tax revenue from Cambodia’s casino industry cratered in 2020 as Covid-19 prompted the government to tighten entry restrictions, limiting the number of international visitors to the Kingdom, according to a Ministry of Economy and Finance senior official on March 21. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-casino-sector-drops