Cambodia to lose $3bn in revenue from tourism sector
Minister Thong Khon said during the launch of additional safety measures for tourism-based business that the global virus has hit the tourism sector the hardest around the world and Cambodia will see it’s foreign and local visitors decline by about 70 percent and 50 percent ...
Khmer Times Staff
https://www.khmertimeskh.com/50730893/cambodia-to-lose-3b-in-revenue-from-tourism-sector/
Three-month tax exemption for hotels, guesthouses
The government has given a three-month tax exemption to hotels, guesthouses, restaurants and travel agencies in Phnom Penh and several provinces as the industry feels the pinch over the coronavirus pandemic. ...
Pech Sotheary
https://www.khmertimeskh.com/50715189/three-month-tax-exemption-for-hotels-guesthouses/
COVID-19 remote learning hurdles for students with disabilities
With the coronavirus pandemic sweeping through nations worldwide, the Kingdom has not been spared, reporting over 100 cases as of yesterday. As Cambodia scrambles to prevent another wave of infections, the government decided to shutter schools nationwide – a drastic measure that matches the scale ...
E-Learning via radio for ethnic students
The Education Ministry will broadcast live education programmes in multiple languages on radio for indigenous children while schools nationwide are temporarily closed to prevent a coronavirus spread. ...
Pech Sotheary
https://www.khmertimeskh.com/50715583/e-learning-via-radio-for-ethnic-students/
Tourism industry asks for further gov’t help
Tourism industry insiders have called on the government to discuss the possibility of delaying interest and principal repayments for businesses within the sector that have been economically destroyed by COVID-19. ...
Sok Chan
https://www.khmertimeskh.com/50715483/tourism-industry-asks-for-further-govt-help/
The Royal Government of Cambodia extends the enforcement of temporary entry restrictions into Cambodia for foreigners until further notice
On 16 April 2020, the Ministry of Foreign Affairs and International Cooperation of the Kingdom of Cambodia presents its compliments to all Diplomatic and Consular Missions accredited to the Kingdom of Cambodia has the honour to inform the Missions as follows:To prevent the further spread ...
Ministry of Foreign Affairs and International Cooperation
Decision on abrogation of regulation 02 B.B. dated 09 april 2020 on travel restriction in the country to prevent COVID-19 pandemic
On 16 April 2020, the Royal Government of Cambodia has released a decision to abrogate the travelling restriction across the country No. 02 that was enforced on 09 April 2020 to prevent the spread of COVID-19. ...
Royal Government of Cambodia
New NBC guidelines on financial institutions
The National Bank of Cambodia (NBC) has requested financial institutions to reduce credit-related fees and lift fines until the end of December 2020, according to a letter it wrote. ...
Sok Chan
https://www.khmertimeskh.com/50717330/new-nbc-guidelines-on-financial-institutions/
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/
Instruction on protection of health and livelihood of migrant workers staying and working abroad or having returned to hometowns during Covid-19 prevention
On 29 April 2020, the Ministry of Labor and Vocational Training has issued an instruction on the protection of health and livelihood of migrant workers staying and working abroad or having returned to hometowns during Covid-19 prevention. ...
The Ministry of Labour and Vocational Training
Tourism savaged by COVID-19
As of May, government data shows COVID-19 forced the closure of nearly 3,000 tourism-based business and left more than 45,045 staff members unemployed. The unemployment and rising debt would severely affect the social economy while the Minister of Tourism estimated that the tourism sector would ...
Sorn Sarath
https://www.khmertimeskh.com/50740504/tourism-savaged-by-covid-19/
Garment exports fall, factories hit by virus
Exports in garment sector dropped more than 5 percent to around $3.78 billion in the first half of the year, according to a spokesman of the Ministry of Labour and Vocational Training. ...
Sok Chan
http://khmertimeskh.com/50743103/garment-exports-fall-factories-hit-by-virus/
Cambodia allocates $1.16 billion USD for economic, social supports during COVID-19
The Cambodian government has allocated 1.16 billion U.S. dollars to address the economic and social impacts of the COVID-19 pandemic, Economy and Finance Ministry Secretary of State Vongsey Vissoth said here on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/50743006/cambodia-allocates-1-16-billion-usd-for-economic-social-supports-during-covid-19/
Bar owners remain in the dark while some call quits
Hospitality groups continue to call on the government to provide an exit strategy from the lockdown of the Kingdom’s bars, clubs and KTV’s – so struggling owners can implement business plans, but some are deciding to quit. ...
Harrison White
https://www.khmertimeskh.com/50737482/bar-owners-remain-in-the-dark-while-some-call-quits/
Trimmer 2021 budget: Government plans 50 percent drop in spending
Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ...
Ben Sokhean
https://www.khmertimeskh.com/50734167/trimmer-2021-budget-government-plans-50-percent-drop-in-spending/
Announcement on the organization of public forum and provincial, municipal, district and commune councils forum
On 15 June 2020, the Minister of Interior Sar Kheng stated that municipal and provincial administrations can now organize public forums as normal but have to limit the number of participants to less than 50 as an effort to keep responding to the needs of ...
Ministry of Interior
Sihanoukville: Returning Chinese mark a sign of a business rebound
The Kingdom’s coastal Sihanoukville, where Chinese nationals national dominated nearly a half of businesses before the COVID-19 outbreak, is seeing economic activity gradually rebound after Middle Kingdom’s investors and workers started to return to the province as pandemic fears ease. ...
Sorn Sarath
https://www.khmertimeskh.com/50734801/sihanoukville-returning-chinese-mark-a-sign-of-a-business-rebound/
Construction suffers from low growth
In the light of COVID-19, however, the sector is estimated to have suffered negative rate growth of 5.3 percent in 2020 and is expected to hit a growth rate of 3.3 per cent next year, according to an updated report by the Ministry of Economy ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50736882/construction-suffers-from-low-growth/
Teaching young women digital literacy
SHE Investments, a social enterprise to support women micro-small entrepreneurs (MSMEs) is joining as a Cambodian partner for Youth Business International’s Rapid Response Recovery Programme, funded by Google.org, to support women entrepreneurs to build digital literacy skills to enable them to recover and rebuild from ...
Sok Chan
https://www.khmertimeskh.com/50739209/teaching-young-women-digital-literacy/
Rocky road for logistics after dull H1
Cambodia Logistics Association (CLA) president Sin Chanthy told The Post on Thursday that despite the current surge in agricultural product exports – especially milled rice – overall activity in the sector saw minimal growth last month compared to March, April and May, with goods shipments ...
Hin Pisei
https://www.phnompenhpost.com/business/rocky-road-logistics-after-dull-h1