Only $54M of SME Bank’s $150M tourism loans taken
Loans worth $54.2 million were approved by state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) for 350 businesses under the Tourism Recovery Co-Financing Scheme (TRCS) as of August 31, 2023. ...
Hin Pisei
https://phnompenhpost.com/business/only-54m-sme-banks-150m-tourism-loans-taken
PM Hun Sen calls for cooperation in digitalisation efforts
Prime Minister Hun Sen yesterday urged Asean Member States to step up cooperation in the digitalisation efforts and make the wider adoption of the new technology a priority to recover fast the region’s socio-economic development from the clutches of the Covid-19 pandemic. ...
Manoj Mathew
https://www.khmertimeskh.com/501168105/pm-hun-sen-calls-for-cooperation-in-digitalisation-efforts/
Gov’t expects to complete land title exercise this year
The government has issued more than six million land titles over the last five years with the final batch expected to be completed this year. Theng Chan Sangvar, Secretary of State of Ministry of Land Management, Urban Planning and Construction, said yesterday that 6,584,778 land ...
Yim Sreylin
https://www.khmertimeskh.com/501138221/govt-expects-to-complete-land-title-exercise-this-year/
Cambodia’s poverty rate halved in 2019
Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ...
Kiripost staff writers
https://kiripost.com/stories/cambodias-poverty-rate-halved-in-2019
Vietnam, Cambodia boost cooperation in culture, art
Vietnamese Deputy Minister of Culture, Sports and Tourism Hoang Dao Cuong and secretary of state and spokesman of Cambodia’s Ministry of Culture and Fine Arts Long Ponnasirivath signed a cultural and artistic cooperation programme for the 2023 – 2027 period at a meeting in Ho ...
Khmer Times Staff
https://www.khmertimeskh.com/501159301/vietnam-cambodia-boost-cooperation-in-culture-art/
NEC trains staff as election nears
The National Election Committee (NEC) held an April 10 training session on the registration of political parties and candidates for the 7th parliamentary election, with 129 representatives of state institutions, political parties and NGOs in attendance. ...
Kim Yutharo
https://www.phnompenhpost.com/national/nec-trains-staff-election-nears
PM plans China visit to drum up investment
Prime Minister Hun Sen is scheduled to pay a state visit to China for talks on new infrastructure projects in Cambodia, including the Phnom Penh-Bavet Expressway. The visit will coincide with the 65th anniversary of the two nations’ bilateral relations. ...
Samban Chandara
https://www.phnompenhpost.com/national-politics/pm-plans-china-visit-drum-investment
P Vihear encroachment crackdown imminent
The National Authority for Preah Vihear (NAPV) announced that the national authorities will work with their provincial counterparts to take action against state land encroachment – of part of protected area two – in the third week of this month. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/p-vihear-encroachment-crackdown-imminent
Cambodia, US vow to expand cooperation to boost trade and investment
Cambodia and the United States are committed to further strengthening and expanding cooperation to increase trade and investment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320028/cambodia-us-vow-to-expand-cooperation-to-boost-trade-and-investment/
Regional meet gauges ozone-depleting-substance phaseout progress
Ministry of Environment secretary of state Pak Sokharavuth from March 13-17 attended meetings of senior officials in charge of implementing the Montreal Protocol in Southeast Asia, including a “green customs” workshop on reporting and managing trade in ozone-depleting substances (ODS), in Vietnam’s Halong city. ...
Ry Sochan
https://www.phnompenhpost.com/national/regional-meet-gauges-ozone-depleting-substance-phaseout-progress
Faming collectives ink SRP with mill
Ministry of Agriculture, Forestry and Fisheries secretary of state Yong Saing Koma said that contract rice farming, officially known as ‘Sustainable Rice Platform (SRP)’, between rice mills and farmers’ collectives is crucial to ensuring the stability of rice price, its quality and quantity, and the ...
Van Socheata
https://www.phnompenhpost.com/business/faming-collectives-ink-srp-mill
New ‘Taxation Law’ a shot in the arm for taxpayers
The new Taxation Law encompassing the earlier provisions of the taxation law (1997), annual budget laws of the Kingdom of Cambodia time and decrees and codes of the People’s Republic of Kampuchea (PRK) and the State of Cambodia (SOC) is seen as simple, flexible and ...
Kang Sothear
https://www.khmertimeskh.com/501302182/new-taxation-law-a-shot-in-the-arm-for-taxpayers/
Angkor Park revenue surges by ‘300%’ in 2023
Over 600,000 international tourists purchased tickets to the Angkor Archaeological Park in the first 10 months of 2023, boosting revenue for Angkor Enterprise – a state body tasked with overseeing ticket sales – to nearly $28 million. This represents a staggering increase of over 300% ...
Hin Pisei
https://www.phnompenhpost.com/business/angkor-park-revenue-surges-300-2023
Mexico’s trade balance in Kingdom is likely to reach $400M this year
Mexico has trade deposits in all ASEAN countries and its trade balance with Cambodia, in particular, is likely to touch $400 million by the end of 2024. This was made possible through the huge trade surplus between Mexico and the United States, reaching over $150 ...
Nhean Chamrong
https://www.khmertimeskh.com/501453541/mexicos-trade-balance-in-kingdom-is-likely-to-reach-400m-this-year/
Cambodia, Brazil discuss ongoing cooperation
Chum Sounry, Secretary of State of the Ministry of Foreign Affairs and International Cooperation, and Eduardo Paes Saboia, Secretary of Asia and the Pacific of the Ministry of Foreign Affairs of Brazil, discussed the ongoing cooperation between Cambodia and Brazil during a meeting held in ...
Khmer Times Staff
https://www.khmertimeskh.com/501501298/cambodia-brazil-discuss-ongoing-cooperation/
Zoo fighting back from brink
A leopard appears healthy and strong as it paces the walls of its cage with a confident swagger and muffled growl that hints at its ferocity. It’s a welcome sight at Kampot province’s much-maligned Teuk Chhou zoo, which less than one year ago was struggling to ...
http://www.phnompenhpost.com/index.php/2012031355003/National-news/zoo-fighting-back-from-brink.html
Social Media Challenges ‘Official’ Version of Events
Seeing is believing—particularly in a country where the government controls the broadcast media and current affairs news, aired on pro-ruling party TV and radio, is often at odds with the country’s few independent media outlets. But in the aftermath of a violent clash between striking garment ...
Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/news/social-media-challenges-official-version-of-events-47012/
Rainsy Amasses Support Ahead of Monday’s Rally
Opposition leader Sam Rainsy on Friday visited vendors in Phnom Penh’s Olympic and Russian markets and appealed to voters disgruntled by preliminary election results awarding a victory to the CPP to join a planned opposition rally at Freedom Park on Monday. As he toured both markets, ...
Khy Sovuthy and Simon Henderson
http://www.cambodiadaily.com/elections/rainsy-amasses-support-ahead-of-mondays-rally-40743/?utm_source=rss&utm_medium=rss&utm_campaign=rainsy-amasses-support-ahead-of-mondays-rally
ADB waters down plans to amend mistakes in Cambodia
Newly approved plans by the Asian Development Bank (ADB) to fix mistakes it made on a $143 million railway project appear to water down recommendations proposed by the Bank’s own review panel, and could impose the costs of the plan on the very families who ...
Zsombor Peter
http://www.cambodiadaily.com/news/adb-waters-down-plans-to-amend-mistakes-in-cambodia-51763/
2,500 workers in Bavet SEZ go on strike
More than 2,000 workers at three factories in Svay Rieng’s Bavet City went on strike Saturday, claiming their bosses owed them money. About 500 workers at the You Li factory, which makes baby clothes, went on strike Saturday because management refused to pay them for Thursday ...
Mech Dara
http://www.cambodiadaily.com/news/2500-workers-in-bavet-sez-go-on-strike-56762/