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Devastating drop in numbers at Phnom Penh’s museums

Some of Phnom Penh’s most renowned museums have seen a drop in visitors of up to 95 percent because of the COVID-19 pandemic and lack of tourism, leaving worries about theír future  and staff cutbacks. ...

Jason Boken
https://www.khmertimeskh.com/50757894/devastating-drop-in-numbers-at-phnom-penhs-museums/

Six million tonnes of agricultural products exported in first nine months

Cambodia exported a total of 5.8 million tonnes of agricultural products to foreign markets during the first nine months of this year, despite the global COVID-19 crisis. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50769105/six-million-tonnes-of-agricultural-products-exported-in-first-nine-months/

NBC makes argument for more use of riels

National Bank of Cambodia Governor Chea Chanto said Cambodia needs a strong national currency to strengthen its economic and financial resilience to underlying crises, as well as to support sustainable and inclusive socio-economic growth and development. ...

Sok Chan
https://www.khmertimeskh.com/50767469/nbc-makes-argument-for-more-use-of-riels/

The great outdoors: Plans to set up 40 eco-tourism projects in Mondulkiri

The private sector has expressed interest in developing 40 eco-tourism projects in Mondulkiri province. Speaking during a press conference at the Council of Ministers yesterday, provincial governor Svay Sam Eang said investors have asked permission to develop 10 projects in Keo Seima Wildlife Sanctuary, two ...

Khann Chan Virak
https://www.khmertimeskh.com/50745457/the-great-outdoors-plans-to-set-up-40-eco-tourism-projects-in-mondulkiri/

Water supply capacity to be extended to meet growing demand

Demand for clean water in Phnom Penh capital is on the rise due to the growing population and constructions in the city. To respond to the current demand, Phnom Penh Water Supply Authority (PPWSA) has planned to attract investments and seek financial support for expansion ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50745579/water-supply-capacity-to-be-extended-to-meet-growing-demand/

Government dips into its reserves

The government says that it has been withdrawing $1 billion from its savings to support spending in the fight against COVID-19 and to sustain, boost and restore the economy at a time national revenue is expected to drop from 20 percent to 30 percent, according ...

Sok Chan
https://www.khmertimeskh.com/50743333/government-dips-into-its-reserves/

Ministry of Environment bans wild orchid trade in the protected areas

On 10 July 2020, the Ministry of Environment publishes a public notice on the ban of wild orchid trade, which are actively collecting in protected areas due to the buzz on social media about high-end purchases. The ministry added that collecting wild orchid from the ...

Ministry of Environment

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Coal: A burning question

Cambodia and other Asean member states have discussed the future of the coal mining business for the power sector in the region, according to the Cambodia Ministry of Mines and Energy (MME). The Ministry said the discussion was made at the Asean Coal Business Roundtable ...

Sorn Sarath
https://www.khmertimeskh.com/50743466/coal-a-burning-question/

Public ‘OK’ with removal of small-dollar banknotes

As the deadline draws close for commercial banks and microfinance institutions to send back smaller dollar banknotes to the National Bank of Cambodia without a service charge, businesses are seeing an increase in the use of the riel transactions with no real complaints from shoppers. ...

Jason Boken
https://www.khmertimeskh.com/50757036/public-ok-with-removal-of-small-dollar-banknotes/

Ministry of Education creates research fund to promote innovation

Cambodian Ministry of Education, Youth and Sports (MoEYS) has established a Research Creativity and Innovation Fund (RCI Fund) to contribute to promoting the culture of research, creativity and innovation for the benefit of the education, youth and sports in response to the labour market and ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50756984/ministry-of-education-creates-research-fund-to-promote-innovation/

Survey on garment workers’ lives

The Ministry of Labour and Vocational Training (MLVT) is conducting a survey on garment and other workers’ living conditions and the impact of COVID-19 until July 31. ...

Sorn Sarath
https://www.khmertimeskh.com/50746694/survey-on-garment-workers-lives/

Sino-Cambodia FTA talks wrap up, signing to follow

Cambodia and China wrapped up free trade agreement (FTA) talks on Monday, the Ministry of Commerce said. The announcement was made during a video conference between Minister of Commerce Pan Sorasak and his Chinese counterpart Zhong Shan. The deal is expected to propel bilateral trade ...

Thou Vireak
https://www.phnompenhpost.com/business/sino-cambodia-fta-talks-wrap-signing-follow

Passenger traffic slides down 67 percent while development of new airports boom

Cambodia’s three international airports handled 1.9 million air passengers in the first six months of this year, a 67.5 percent decrease from 6 million air passengers last year.​ ...

Chea Vannak /AKP
https://www.khmertimeskh.com/50747225/passenger-traffic-slides-down-67-percent-while-development-of-new-airports-boom/

Promised sky train delayed over expense

The government’s sky train project from Phnom Penh city centre to the international airport has been delayed because the cost is higher than expected, according to an official from the Ministry of Public Works and Transport (MPWT). ...

Sorn Sarath
https://www.khmertimeskh.com/50747814/promised-sky-train-delayed-over-expense/

Cambodia-U.S. trade Up 18 percent in first five months

Bilateral trade between Cambodia and the U.S. was recorded at $2,488.3 billion in the first five months of this year, a year-on-year increase of 18 percent. Statistics from the U.S. Census Bureau, from January to May, the Kingdom exported $2,363 million worth of products to ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50748234/cambodia-u-s-trade-up-18-percent-in-first-five-months/

Cambodia-China FTA to boost bilateral trade, investment ties

The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia’s Commerce Minister Pan Sorasak said in a recent interview with Chinese media. ...

Xinhua
https://www.khmertimeskh.com/50752996/cambodia-china-fta-to-boost-bilateral-trade-investment-ties/

Cambodia Angkor Air ready to take-off

Cambodia Angkor Air, the national flag carrier, says its business operations are optimistic and well prepared in terms of strengthening domestic flights and expanding international flights, according to its chairman. ...

Sok Chan
https://www.khmertimeskh.com/50749135/cambodia-angkor-air-ready-to-take-off/

Free trade agreement talks with Korea set to kick off on Thursday

Cambodia and South Korea will begin first-round negotiations on a bilateral free trade agreement (FTA) on Thursday, another step toward diversifying the Kingdom’s exports following the recent completion of FTA talks with China. ...

Thou Vireak
https://www.phnompenhpost.com/business/free-trade-agreement-talks-korea-set-kick-thursday

Work on new power line to start next year

The construction of a power transmission line connecting the Kingdom’s south to the border with Laos is expected to be started at least by next year, according to an official from the Ministry of Mines and Energy (MME). ...

Sorn Sarath
https://www.khmertimeskh.com/50749700/work-on-new-power-line-to-start-next-year/

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