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Rubber exports are up but prices still remain elastic

Cambodia exported 179,621 tonnes of rubber in the first nine months of 2020, a jump of 3.78 per cent from the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries. ...

Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-are-prices-still-remain-elastic

Youth, monks on Prey Lang visit

The US Agency for International Development (USAID) and the Ministry of Environment led monks and youth to inspect the work of rangers protecting Prey Lang in Kampong Thom province on Monday and Tuesday. ...

Voun Dara
https://www.phnompenhpost.com/national/youth-monks-prey-lang-visit

Poor families receive first round of government aid

The Ministry of Social Affairs, Veterans and Youth Rehabilitation said 92 percent of the 560,000 families have received their first installment of government subsidies. ...

Khann Chanvirak
https://www.khmertimeskh.com/50744336/poor-families-receive-first-round-of-government-aid/

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/

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/

Cashew nuts key to achieving exports target, says ministry

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has continued to promote the local development of cashew nuts, saying the crop has the potential to help the country achieve its aim for 12 percent growth in agricultural exports by 2025. ...

Sorn Sarath
https://www.khmertimeskh.com/50746300/cashew-nuts-key-to-achieving-exports-target-says-ministry/

Press release: Outcome of the official visit of His Excellency MOTEGI Toshimitsu, Minister for Foreign Affairs of Japan to the Kingdom of Cambodia on 21-22 August 2020

On 22 August 2020, the Ministry of Foreign Affairs and International Cooperation issued a press release regarding the outcome of the official visit of His Excellency MOTEGI Toshimitsu, Minister for Foreign Affairs of Japan to the Kingdom of Cambodia on 21-22 August 2020.  ...

Ministry of Foreign Affairs and International Cooperation

Download: pdf

Growing the farming industry

The government has taken the opportunity of the COVID-19 crisis to develop agriculture, while the garment and tourism industries, which are the Kingdom’s economic pillars have been hit hard by the pandemic. ...

Sorn Sarath
https://www.khmertimeskh.com/50748314/growing-the-farming-industry/

Yellow bananas blossoming with Chinese investment

China has given the green light for five new companies to invest in Cambodia’s yellow banana plantations. Industry insiders said they are optimistic that yellow banana exports to that country will double in 2020. The approval of the five companies brings the total number of ...

Thou Vireak
https://www.phnompenhpost.com/business/yellow-bananas-blossoming-chinese-investment

Press release: Ministry of Justice calls on protesters requesting the ministry to drop the charge against Rong Chhun to stop action immediately before authorities take legal action

On 03 August 2020, the Ministry of Justice issued a press release informing the public and the international community about the implementation of legal measures against Rong Chhun in connection with incitement to cause serious social unrest. A spokesperson for the Ministry of Justice called ...

Ministry of Justice

Download: pdf

Construction sector creates hundred thousands of jobs

The Kingdom’ construction sector has created more than 170,000 jobs in average per day across the country in the first half this year, an increase from 134,000 compared with the same period last year, according to figures from the Ministry of Land Management, Urban Planning ...

Sorn Sarath
https://www.khmertimeskh.com/50752957/construction-sector-creates-hundred-thousands-of-jobs/

Press release of Preah Sihanouk provincial department of environment

On 27 July 2020, Preah Sihanouk Provincial Department of Environment issued a press release to inform the national, international and public media that the Preah Sihanouk Provincial Administrative Unity Force in cooperation with the Preah Sihanouk Municipal Administrative Unity Force and the Rangers of Preah ...

Preah Sihanouk Provincial Department of Environment

Download: pdf

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/

PM to participate in MLC meeting via video conference

Prime Minister Hun Sen will participate in the 3rd Mekong-Lancang Cooperation (MLC) Leaders’ Meeting, to be held via video conference on August 24. ...

Khmer Times Staff
https://www.khmertimeskh.com/50755377/pm-to-participate-in-mlc-meeting-via-video-conference/

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/

Ministry: No unlawful protests

The Ministry of Interior is warning citizens not to take part in social justice protests.​ It issued a press release on Monday saying members of the groups Khmer Thavrak and Mother Nature Movement had been carrying out activities not registered at the ministry, which is required ...

Mom Kunthear
https://www.phnompenhpost.com/national/ministry-no-unlawful-protests

Trials and tribulations of entrepreneurship

A lot of young Cambodian adults now want to operate their own business rather than working for others. This trend has been rising year-on-year because they think working for themselves would help them become rich rapidly. ...

Sok Chan
https://www.khmertimeskh.com/50763049/trials-and-tribulations-of-entrepreneurship/

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/

The effects of COVID-19 on farming

In 2020, the agriculture sector continues to play a significant role in the Cambodian economy, accounting for 22 percent of the Kingdom’s GDP and employing one-third of the Cambodian workforce. ...

Pamela Corda
https://www.khmertimeskh.com/50764323/the-effects-of-covid-19-on-farming/

NBC auctions $50 million

The National Bank of Cambodia (NBC) has announced a $50 million auction this week to stabilise the local currency exchange rate in the market. The NBC has informed banks, microfinance institutions (MFIs) and licensed money exchangers that the minimum rate for auction will be announced ...

Sorn Sarath
https://www.khmertimeskh.com/50775257/nbc-auctions-50-million/

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