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Sharp drop in wages sent back to Kingdom

Cambodia is to join the ranks of declining overseas worker remittances this year after the World Bank projected global remittances will decline sharply by about 20 percent in 2020 because of the economic crisis induced by the COVID-19 pandemic and consequent business shutdowns ...

Sorn Sarath
https://www.khmertimeskh.com/50717705/sharp-drop-in-wages-sent-back-to-kingdom/

Unemployment rate in Cambodia at 0.3 percent

Some 99.7 percent of the total 10 million workforces in Cambodia have jobs, according to a message of Prime Minister Hun Sen on the 134th International Labour Day. ...

Khmer Times Staff
https://www.khmertimeskh.com/50719240/unemployment-rate-in-cambodia-at-0-3-percent/

US trade up 35% in Q1

Bilateral trade between Cambodia and the United States has been valued at $1.678 billion for the first quarter of 2020, representing a 35 percent increase compared with the same time last year, according to trade data from the US Government. ...

Chea Vannak
https://www.khmertimeskh.com/50720675/us-trade-up-35-in-q1/

National commitee probes gold mining operations in Kratie

The National Committee for Prevention and Crackdown on Natural Resource Crimes targeted an illegal gold mining operation in Kratie, marking the fourth such investigation in the area within a week. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/national-commitee-probes-gold-mining-operations-kratie

Deputy governor in graft probe

Battambang provincial deputy governor Sou Arafat was questioned by the anti-corruption unit (ACU) in Phnom Penh on Wednesday about land corruption in Koas Krala district involving Oknha Sorng Thorn. ACU head Om Yentieng told The Post on Thursday said the probe is ongoing and there ...

Long Kimmarita
https://www.phnompenhpost.com/national/deputy-governor-graft-probe

Ministry reports progress in climate change fight

The Ministry of Environment yesterday warned that climate change is seriously affecting the lives of Cambodians through increasing natural disasters like floods, which impact the economy, society and security. ...

Tith Kongnov
https://www.khmertimeskh.com/50779262/ministry-reports-progress-in-climate-change-fight/

Chinese firms invest in mango pest control

At least three Chinese companies are investing in industrial steaming equipment to use in the phytosanitary treatment of agricultural products for export, Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-firms-invest-mango-pest-control

Microfinance ‘bad loans’ fall to 2.27% in October

The microfinance sector’s nonperforming loan (NPL) ratio decreased from 2.56 percent in September to 2.27 percent in October after rising from 1.33 percent in January and peaking in May at 2.61 percent. ...

Harrison White
https://www.khmertimeskh.com/50788275/microfinance-bad-loans-fall-to-2-27-in-october/

Indications of new strength in bilateral trade with Thailand

It was announced this week that Cambodia will soon establish a representative office, the Cambodia Business Council Centre (CBCC), in Thailand’s capital in a bid to facilitate trade and business activities between the two kingdoms. ...

Jason Boken
https://www.khmertimeskh.com/50786411/indications-of-new-strength-in-bilateral-trade-with-thailand/

Silk initiative reels in extra income for students

Representatives from six universities in Cambodia and the Ministry of Education, together with a member of the World Bank discussed ways to help students to make some money related to the agriculture sector, processing and related work. ...

Sok Chan
https://www.khmertimeskh.com/50757496/silk-initiative-reels-in-extra-income-for-students/

Thailand pledges more assistance in drug fight

Thailand has pledged to provide more technical assistance and materials to the National Authority for Combating Drugs (NACD) to control and combat drug crimes along the Cambodian-Thai borders. ...

Khmer Times Staff
https://www.khmertimeskh.com/50743990/thailand-pledges-more-assistance-in-drug-fight/

Court charges two over wildlife poaching in Ratanakiri

Two men were charged and detained by the Ratanakiri Provincial Court on Saturday, a day after they were caught poaching wild animals using illegal hunting weapons. ...

Pech Sotheary
https://www.khmertimeskh.com/50746392/court-charges-two-over-wildlife-poaching-in-ratanakiri/

Environment ministry looks into illegal posts in M’kiri sanctuary

The Ministry of Environment is investigating a group that erected more than 50 stone and wooden posts and built fences on State land in the Keo Seima Wildlife Sanctuary in Mondulkiri province. ...

Voun Dara
https://www.phnompenhpost.com/national/environment-ministry-looks-illegal-posts-mkiri-sanctuary

Czechs launch water, sanitation project in Kampong Chhnang

The Embassy of the Czech Republic in Cambodia is launching a four-year project to improve water and sanitation to help 9,662 families in two districts in Kampong Chhnang province. ...

Khorn Savi
https://www.phnompenhpost.com/national/czechs-launch-water-sanitation-project-kampong-chhnang

Youths seek inclusion in social security fund

The Youth Resource Development Programme (YRDP) and a group of youths have asked the government to include students and monks in the government’s National Social Security Fund (NSSF) so they can receive social protection services for free such as health examinations and treatment. The proposal ...

Long Kimmarita
https://www.phnompenhpost.com/national/youths-seek-inclusion-social-security-fund

Pchum Ben provides boost in tourism across Kingdom

According to a Ministry of Tourism report released today, over 450,000 people were reported to have visited tourist destinations across Cambodia yesterday, in a massive boost for the Kingdom’s hard-hit sector. ...

Dina Huon
https://www.khmertimeskh.com/50764441/pchum-ben-provides-boost-in-tourism-across-kingdom/

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

Tax inspections on vehicles to begin in early February

Tax officials in collaboration with sub-national authorities will begin tax inspections on all means of transportation and vehicles for 2020 throughout the country by early next month. ...

Mom Kunthear
https://www.phnompenhpost.com/national/tax-inspections-vehicles-begin-early-february

Tax collection near $3B in 2020

The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.70052 trillion riel ($2.87 billion) in tax revenue last year, up 423.20 billion riel or 3.73 per cent compared to 2019, it said in a January 11 press release. ...

Hin Pisei
https://www.phnompenhpost.com/business/tax-collection-near-3b-2020

Traffic accidents drop by 17 percent in Q1

Number of road accidents saw a decrease of 17 percent or 153 cases in the first quarter of this year, compared to the same period in 2020. ...

Khmer Times Staff
https://www.khmertimeskh.com/50834544/traffic-accidents-drop-by-17-percent-in-q1/

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