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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/

Gov’t Covid policy a boon for hog farmers

The Covid-19 crisis prompted the government to develop new policies that would reinforce agriculture practices and animal husbandry to ensure adequate food supplies for the Kingdom. ...

Hin Pisei
https://www.phnompenhpost.com/business/govt-covid-policy-boon-hog-farmers

Ministry looks into tycoon’s right to 400ha of mangroves

The Ministry of Agriculture, Forestry and Fisheries is investigating whether a tycoon has the right to occupy more than 400ha of flooded mangrove forest in the Chrolong community area in Teuk La’ak commune in Preah Sihanouk province’s Prey Nop district. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministry-looks-tycoons-right-400ha-mangroves

Notice on measures to prevent Telegram attacks

On 15 December 2020, the Ministry of Posts and Telecommunications issued a public notice of Telegram attacks that has been remarkably happening. The hackers carried out attacks in the form of impersonating government leaders or other individuals to transmit viruses through program messages Telegrams to ...

Ministry of Posts and Telecommunications

Download: pdf

Wildlife threatened by poisoning

Senior Ministry of Environment officials and civil society organisations have expressed concern over the threat to wildlife by poisoning in rice fields, lakes and ponds where they feed. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/wildlife-threatened-poisoning

Kingdom’s rubber exports up in 2020

A senior official from the General Directorate of Rubber at the Ministry of Agriculture has said Cambodia’s rubber exports are expected to reach 340,000 tonnes by end of the year. ...

Sok Chan
https://www.khmertimeskh.com/50795539/kingdoms-rubber-exports-up-in-2020/

Endangered status mulled for Kesor Kol

The Ministry of Environment is planning to declare wild Kesor Kol plants – a type of orchid – an endangered species with increased protections, according to the ministry’s secretary of state Neth Pheaktra. Pheaktra also warned of legal action against those who collect or sell wild Kesor ...

Long Kimmarita
https://www.phnompenhpost.com/national/endangered-status-mulled-kesor-kol

NBC: 4% economic growth in 2021

The National Bank of Cambodia (NBC) on December 31 forecast that the Kingdom’s economic growth will return to four percent growth this year if Covid-19 vaccines can successfully curtail the spread in the first half. The central bank’s forecast published in its Macroeconomic and Banking ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-4-economic-growth-2021

Two firms get priority rights to mines

The Ministry of Mines and Energy has given the nod to two companies to continue their exploration licence approval processes for some 207sq km of gold-polymetallic mining areas in Tbong Khmum and Ratanakkiri provinces. The areas are 107.10sq km in the Memot area in Tbong ...

Hin Pisei
https://www.phnompenhpost.com/business/two-firms-get-priority-rights-mines

Announcement on the launch of public services related to employment and vocational training through automation system

On 06 January 2021, the Ministry of Labour and Vocational Training issued an announcement on the launch of public services related to employment and vocational training through the automation system. In order to enhance the use of information technology systems in the era of industrial ...

Ministry of Labour and Vocational Training

Download: pdf

$500K investment for SMEs to improve e-commerce

A $500,000 investment will go towards 125 small and medium sized businesses set to gain grants and training in online commerce according to a joint press release by the Ministry of Commerce of the Kingdom of Cambodia, the Enhanced Integrated Framework (EIF) and the UN ...

Khmer Times Staff
https://www.khmertimeskh.com/50798664/500k-investment-for-smes-to-improve-e-commerce/

Firm wins rights to ticket sales at Kirirom, Prek Toal

The Ministry of Environment awarded rights to ticket sales at Kirirom National Park and the Prek Toal bird sanctuary to locally-owned firm Lim Sok Cheng for 2021. Kirirom National Park covers 8,401ha in Kampong Speu province and is 44km from the provincial capital of the ...

Thou Vireak
https://www.phnompenhpost.com/business/firm-wins-rights-ticket-sales-kirirom-prek-toal

Two power plants in Kandal start their engines

The heavy fuel oil-fired power plants in Kandal province’s Lvea Em district have started their engines and are generating power to the national grid, according to the Ministry of Mines and Energy. ...

Chea Vanyuth
https://www.khmertimeskh.com/50803643/two-power-plants-in-kandal-start-their-engines/

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

Download: pdf

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