Auctions called off for most of seized timber
The government has given up on trying to auction off the majority of 71,000 cubic meters of illegally logged timber seized by authorities earlier this year amid a persistent lack of interest from potential buyers. រដ្ឋាភិបាលបានបញ្ឈប់ការព្យាយាមលក់ដេញថ្លៃចំពោះឈើភាគច្រើននៃចំនួនសរុប ៧១ ០០០ ម៉ែត្រគូប ដែលបានមកពីការរឹបអូសដោយអាជ្ញាធរកាលពីដើមឆ្នាំនេះ ខណៈពេលដែលមានកង្វះខាតនៃចំណាប់អារម្មណ៍ពីអ្នកទិញ។ ...
Aun Pheap
https://www.cambodiadaily.com/news/auctions-called-off-for-most-of-seized-timber-116042/
Rights groups warn of tough Telecoms law
Local rights groups have raised major concerns about Cambodia’s sweeping new Telecommunications Law, which gives the government virtually unchecked spying powers and criminalizes any electronic communication deemed to cause “national insecurity.” ...
Zsombor Peter and Anthony Jensen
https://www.cambodiadaily.com/news/rights-groups-warn-of-tough-telecoms-law-109837/
Ministry hits back at rebuke of contentious telecoms law
The Ministry of Post and Telecommunications has defended the controversial new Telecommunications Law following a biting legal analysis by rights group Licadho, which says the legislation is a veiled tool to silence critics and potentially criminalize private expression. ...
Sonia Kohlbacher and Khy Sovuthy
https://www.cambodiadaily.com/news/ministry-hits-back-at-rebuke-of-contentious-telecoms-law-110921/
House collapses into river, others removed
One home collapsed into the Tonle Bassac river on Saturday in Kandal’s Sa’ang district, while two others are at risk of collapse and eight others had to be dismantled and moved across the road, away from the riverbank, officials said yesterday. ...
Touch Sokha
http://www.phnompenhpost.com/national/house-collapses-river-others-removed
Public debt figures released
The government has borrowed $732.06 million in the form of concessional loans from development partners (DPs), amounting to 74.83 percent of the debt ceiling of Special Drawing Rights (SDR) approved by the National Assembly last year, according to the latest report on Cambodia’s public debt. ...
May Kunmakara
http://www.khmertimeskh.com/5084552/public-debt-figures-released/
Postal service to launch e-commerce
The state-owned Cambodia Post will launch an online shopping platform in March in a move to tap the current rise in e-commerce activity. Ork Bora, director-general of the Cambodia Post, told Khmer Times yesterday that after about a year of studying e-commerce, the state-owned enterprise decided ...
May Kunmakara
http://www.khmertimeskh.com/news/33904/postal-service-to-launch-e-commerce/
Cambodia holds back on AIIB loans
Cambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. ...
Sok Chan
http://www.khmertimeskh.com/news/38413/cambodia-holds-back-on-aiib-loans/
Prahok makers seek GI status
Geographical indication status is being sought for Siem Reap prahok fish paste after the Industry Ministry granted approval for a national standard. Siem Reap prahok fish paste, made from fermented fish, is among many products in Cambodia that the government is working to get GI status. ...
Chea Vannak
http://www.khmertimeskh.com/5082459/prahok-makers-seek-gi-status/
Transport master plan nearing completion
The government has nearly finished the draft of the Intermodal Transport Master Plan 2021-2030 (the Plan), a Ministry of Economy and Finance press release said on Wednesday. The draft seeks to promote Cambodia’s connectivity, reduce transportation and logistics costs, integrate the Kingdom into the region ...
May Kunmakara
https://www.phnompenhpost.com/business/transport-master-plan-nearing-completion
KrisEnergy secures $87 million loan facility for Phase 1 of Apsara oil fields in Cambodia
KrisEnergy (Apsara) Company Ltd, the concession holder for Cambodia’s Block 1 offshore oil field has secured a credit facility agreement of $87 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50719285/krisenergy-secures-87-million-loan-facility-for-phase-1-of-apsara-oil-fields-in-cambodia/
Announcement on the "Official launch of business registration system on information technology platform"
On Monday, 15 June 2020, Deputy Prime Minister and Minister of Economy and Finance H.E. Aun Pornmoniroth addresses the participants while he was presiding over the official launch of business registration system on information technology platform with the participation from relevant ministries, institutions, development partners, ...
Ministry of Economy and Finance
New factories employe nearly 28k
The Ministry of Industry, Science, Technology and Innovation (MISTI) has reported that 77 new factories opened in Cambodia in the first three months of 2020, employing a total of 27,909 workers. ...
Sok Chan
https://www.khmertimeskh.com/50716520/new-factories-employe-nearly-28k/
KrisEnergy seeks additional delay to Cambodia Block A scheduled oil extraction
A senior official of the General Department of Petroleum at the Ministry of Mines and Energy said the ministry is reviewing a request letter from Singapore-listed company KrisEnergy asking for a delay to the start of oil extraction in Cambodia Block A. ...
Widening foreign debt sources to boost economic growth
Having been criticised for its position toward China, the world’s second largest economy, from where most of its foreign debt has come for years, Cambodia is now more likely to change its foreign loan sources to boost economic growth. ...
Sorn Sarath
https://www.khmertimeskh.com/50744111/widening-foreign-debt-sources-to-boost-economic-growth/
Business owners embrace new online registration system
The number of companies registered via the government’s new online business registration system was confirmed as 287 as of July 29, while 323 companies are pending approval, according to data from the Ministry of Economy and Finance (MEF). ...
Sok Chan
https://www.khmertimeskh.com/50751123/business-owners-embrace-new-online-registration-system/
Business registrations far speedier thanks to internet
“Within almost a four-month period as of October 2, 2020, we received a total of 1,793 applications, 1,367 of which have been approved and 426 of which are under review. The average number of days it takes to register a company is eight,” said Undersecretary ...
Sok Chan
https://www.khmertimeskh.com/50772450/business-registrations-far-speedier-thanks-to-internet/
Move to unify non-banking finance regulators
A new non-banking financial services draft law designed to combine all non-banking regulators has been sent for legislative approval by Prime Minister Hun Sen during his most recent council of ministers meeting. ...
Kuch Nithatevy
https://www.khmertimeskh.com/50763856/move-to-unify-non-banking-finance-regulators/
Announcement on the cessation of businesses in the postal sector without licenses and permits
On 10 March 2021, the Ministry of Post and Telecommunications released an announcement on the cessation of businesses in the postal sector without licenses and permits to promote the management of the postal sector effectively, efficiently, and orderly in order to protect the benefits of ...
Ministry of Post and Telecommunications
Press release on the National Internet Gateway
On 19 February 2021, the Ministry of Post and Telecommunications issued a press release on the National Internet Gateway responding to reactions from the public, media outlets, and non-governmental organizations who claimed that the government has the intention to collect data, listen to conversations, and ...
Ministry of Post and Telecommunications
KrisEnergy may face action: Gov’t official
Following the announcement last week by KrisEnergy Ltd of less-than-anticipated results from oil production at the Apsara Mini Phase 1A development, a senior official from the Ministry of Mines and Energy said the government could penalise the company or terminate its licence. ...
Sok Chan
https://www.khmertimeskh.com/50834110/krisenergy-may-face-action-govt-official/