Firms yearn for investment law in 2021
Optimism prevails in the private sector that the Investment Law widely anticipated to launch later in the year will spell new momentum in the Kingdom’s industrial diversification in parallel with the region and beyond. The current edition of the law comprises 11 chapter and 39 ...
May Kunmakara
https://www.phnompenhpost.com/business/firms-yearn-investment-law-2021
Social land concession for families of veterans in Pursat province
Pursat provincial authorities have allocated land to be provided to 628 veterans’ families as a social concession. ...
Over 50,000 saplings burnt down in arson attack
More than 50,000 saplings in Techo Sen Russey Trep National Park, Preah Vihear province, were burned down yesterday.។។។ ...
Chhun Sunly
https://www.khmertimeskh.com/50825292/over-50000-saplings-burnt-down-in-arson-attack/
MPTC, Microsoft agree to promote digitalisation in Cambodia
Ministry of Post and Telecommunications (MPTC) and Microsoft in Asia Pacific have agreed to enhance the digital usage in Cambodia, as the Royal Government is transforming itself into e-government. ...
C. Nika/AKP
https://www.khmertimeskh.com/50826497/mptc-microsoft-agree-to-promote-digitalisation-in-cambodia/
All public and private educational institutions in Cambodia suspended
The Ministry of Education, Youth and Sports has issued a proclamation announcing the temporary suspension of public and private educational institutions at all levels throughout the country. ...
Khmer Times Staff
https://www.khmertimeskh.com/50827832/all-public-and-private-educational-institutions-in-cambodia-suspended/
CMA members restructure $1.4B in loans
Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...
May Kunmakara
https://www.phnompenhpost.com/business/cma-members-restructure-14b-loans
Cambodia registers about 8,000 trademarks in 2020
Local and international companies registered 7,997 trademarks with the Ministry of Commerce 2020, up 30 percent over the previous year, the ministry reported. The ministry said it mediated 23 cases of infringement and dissolved 37 trademarks during the year. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-registers-about-8000-trademarks-2020
Hun Sen: Lakes filled in for national developments
Prime Minister Hun Sen has announced continued operations to fill some lakes in Phnom Penh to create land for developments, though he is against the unrelated practice of damming rivers or blocking waterways. ...
Nov Sivutha
https://www.khmertimeskh.com/50806569/tamouk-lake-slated-for-development-reservoir-to-get-retaining-wall/
SSEZ exports increase 26 percent in 2020
The Sihanoukville Special Economic Zone (SSEZ) has reported export growth of 26.52 percent in 2020, a significant achievement in light of the COVID-19 pandemic. ...
Chea Vayuth
https://www.khmertimeskh.com/50808658/ssez-exports-increase-26-percent-in-2020/
Investment Law may be in effect as soon as April
Cambodia’s newly-drafted Investment Law will be in effect as soon as in April 2021, according to Ministry of Economy and Finance secretary of state Phan Phalla on January 27. He made the remark at the Public Forum on Macroeconomic Management and Budget Law 2021, ushering ...
Hin Pisei
https://www.phnompenhpost.com/business/investment-law-may-be-effect-soon-april
FedEx set for mid-2021 debut in Kingdom
US-listed international mixed-carrier FedEx Corp plans to launch air freight services to Cambodia by mid-2021, according to State Secretariat of Civil Aviation (SSCA) spokesman Sin Chansereyvutha. ...
Thou Vireak
https://www.phnompenhpost.com/business/fedex-set-mid-2021-debut-kingdom
Cambodia, UK discuss sustainable investment opportunity in Cambodia
Cambodia and the United Kingdom (UK) have convened a meeting to discuss a sustainable investment opportunity in Cambodia. The meeting took place through a video conference under the presidency of Sok Chenda Sophea, Minister Attached to Prime Minister and Secretary General of the Council for ...
Lim Nary /AKP
https://www.khmertimeskh.com/50813485/cambodia-uk-discuss-sustainable-investment-opportunity-in-cambodia/
Cash-crop exports 200K tonnes in January
Cambodia exported 203,485 tonnes of seven major cash crops last month, according to a report by the Ministry of Agriculture, Forestry and Fisheries. The ministry lists these as milled rice, natural rubber, corn, cashew nuts, peppercorn, as well as fresh bananas, chillies and mangoes. ...
Thou Vireak
https://www.phnompenhpost.com/business/cash-crop-exports-200k-tonnes-january
List of Yellow, Orange and Red Zones in Phnom Penh
The government on Monday decided to extend the lockdowns in Phnom Penh and Takhmao city in Kandal province for another week to May 5 to stem the spread of COVID-19. ...
Khmer Times Staff
https://www.khmertimeskh.com/50846770/list-of-yellow-orange-and-red-zones-in-phnom-penh-2/
Alcohol ban till June 2 in Kandal province
The Kandal Provincial Administration has extended its temporary ban on all types of alcohol sale until June 2 to avert a spread of the coronavirus. ...
Mao Chanvireak
https://www.khmertimeskh.com/50864108/alcohol-ban-till-june-2-in-kandal-province/
ADB forecast: 4% economic growth in 2021
Cambodia’s economy is forecast to grow 4.0 per cent this year and 5.5 per cent in 2022, as economic recoveries in major trading partners boosts demand for the Kingdom’s exports, according to an Asian Development Bank (ADB) report released on April 28. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-forecast-4-economic-growth-2021
Remittances fall 17% to $1.2B in 2020: NBC data
Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...
May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data
Kingdom lifts ban on frozen items shipped in from India
Cambodia has lifted a ban on the import of frozen meats and other frozen items classified as “high-risk” originating from India, amid recent improvements in the South Asian country’s epidemiological situation and as all samples of frozen meat imports have tested negative for the novel ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-lifts-ban-frozen-items-shipped-india
Volume of agriculture exports up 85% in H1
Cambodia exported 4,454,505.33 tonnes of agricultural products in the first half of this year, surging by 84.64 per cent year-on-year, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon on June 30. ...
Hin Pisei
https://www.phnompenhpost.com/business/volume-agriculture-exports-85-h1
Air passengers drop by 92 percent in first half
Air passengers handled through the three international airports in Cambodia dropped by 92 percent to 136,680 in the first semester of this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50898857/air-passengers-drop-by-92-percent-in-first-half/