Blockchain system will reduce dependence on the ‘greenback’
Cambodian’s will soon be able to make near-instant payments via a new blockchain payment platform being launched under a system called Distributed Ledger Technology (DLT) that will “ultimately undermine the popularity of the US dollar”, according to the Kingdom’s central bank director. ...
Harrison White
https://www.khmertimeskh.com/50723403/blockchain-system-will-reduce-dependence-on-the-greenback/
KrisEnergy secures $87 million loan facility for Phase 1 of Apsara oil fields in Cambodia
KrisEnergy (Apsara) Company Ltd, the concession holder for Cambodia’s Block 1 offshore oil field has secured a credit facility agreement of $87 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50719285/krisenergy-secures-87-million-loan-facility-for-phase-1-of-apsara-oil-fields-in-cambodia/
13th ASEM Summit in Cambodia to continue as planned
The 13th Asia-Europe Summit (ASEM13) will be held in Cambodia as scheduled, said Luy David, Secretary of State for Foreign Affairs and International Cooperation and Head of the ASEM13 National Secretariat. ...
Khmer Times Staff
https://www.khmertimeskh.com/50725907/13th-asem-summit-in-cambodia-to-continue-as-planned/
Population of vultures on the decline, census shows
The Ministry of Environment joined the Wildlife Conservation Society (WCS) on Wednesday to conduct an annual census of vultures in five areas in Stung Treng, Mondulkiri, Ratanakkiri and Preah Vihear provinces. ...
Ry Sochan
https://www.phnompenhpost.com/national/population-vultures-decline-census-shows
No power shortage during dry season: Ministry
The Ministry of Mines and Energy said there is no shortage of electricity during this year’s dry season as compared to last year. Even so, the ministry said it would continue to boost electricity access in all households across the country by at least 78 ...
Pech Sotheary
https://www.khmertimeskh.com/50716106/no-power-shortage-during-dry-season-ministry/
Oddar Meanchey sanctuary planted with 10,000 saplings
Forest rangers at the O’phal headquarters in the Sorng Rukhavoan Wildlife Sanctuary in Oddar Meanchey province planted 10,000 luxury tree saplings earlier this year as part of the provincial Department of Environment’s plan to restore 3ha of forest in the province each year. ...
Khorn Savi
https://www.phnompenhpost.com/national/oddar-meanchey-sanctuary-planted-10000-saplings
Agriculture to be a key pillar for economy
NBC’s Director-General has said that agriculture could potentially contribute to Cambodia’s economic growth as the workforce in the sector continues to increase while productivity remains high. ...
Sok Chan
https://www.khmertimeskh.com/50715090/agriculture-to-be-a-key-pillar-for-economy/
Concerns over poisoning of giant ibises in Preah Vihear
The Wildlife Conservation Society (WCS) has expressed concern for the impact on birds, domestic animals and even humans after three giant ibises died of poisoning in Chhaeb district in Preah Vihear province. ...
Ry Sochan
https://www.phnompenhpost.com/national/concerns-over-poisoning-giant-ibises-preah-vihear
New factories employe nearly 28k
The Ministry of Industry, Science, Technology and Innovation (MISTI) has reported that 77 new factories opened in Cambodia in the first three months of 2020, employing a total of 27,909 workers. ...
Sok Chan
https://www.khmertimeskh.com/50716520/new-factories-employe-nearly-28k/
Leasing Industry registers 63 percent surge in 2019
The Central Bank has reported that the total value in the leasing industry was recorded at 1,169 billion KHR ($287million), an increase of about 63 percent in 2019 compared with the year before. ...
Sok Chan
https://www.khmertimeskh.com/50718028/leasing-industry-registers-63-percent-surge-in-2019/
Cambodian sanctuaries home to critically endangered species
Environment Minister Say Samal on Tuesday said upon inspection on the conservation work in Keo Seima Wildlife Sanctuary, authorities reported the sanctuary is home to 60 species of rare and critically endangered animals and 25 species of carnivorous animals. The place was also recognised for ...
Pech Sotheary
https://www.khmertimeskh.com/50718562/cambodian-sanctuaries-home-to-critically-endangered-species/
Cambodia exported over 186,000 tonnes of cashew nuts in first 4 months of 2020
Cambodia exported 186,205 tonnes of cashew nut to foreign markets in the first four months of this year, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50720899/cambodia-exported-over-186000-tonnes-of-cashew-nuts-in-first-4-months-of-2020/
Labour Minister seeks strike-free minimum wage talks
Labour Minister Ith Samheng yesterday told stakeholders involved in the upcoming minimum wage negotiations to base their demands on the country’s economic situation, and not to try to influence the process through protests or demonstrations. Talks over the 2017 minimum wage for the garment sector are ...
Sen David
http://www.phnompenhpost.com/national/labour-minister-seeks-strike-free-minimum-wage-talks
PM calls for increased vigilance for Zika virus
Prime Minister Hun Sen, speaking at the inauguration of a hospital in Phnom Penh yesterday, called on the Ministry of Health, the public and those who have recently travelled abroad to take precautionary measures to prevent Zika from reaching the Kingdom. ...
Vong Sokheng
http://www.phnompenhpost.com/national/pm-calls-increased-vigilance-zika-virus
VN firm implicated in lake poisoning
Ratanakkiri provincial environment officers plan to inspect a lake after a fishing community accused a Vietnamese company of dumping bananas and plastic waste in it, poisoning the fish. The authorities said the company had removed all its waste, but the recent reports have led to ...
Khorn Savi
https://www.phnompenhpost.com/national/vn-firm-implicated-lake-poisoning
Sar Kheng addresses land rows in Kingdom
Deputy Prime Minister and Minister of Interior Sar Kheng has told officials to prepare a master plan for land management in the Kingdom, especially in economic centres. He expressed concern that land issues will be complicated in future, especially disputes among high-ranking officials. ...
Long Kimmarita
https://www.phnompenhpost.com/national/sar-kheng-addresses-land-rows-kingdom
Hope sprouting for growers as more farming contracts inked
Contract farming in Cambodia has witnessed sharp growth this year, with 516 contracts signed so far this year, eclipsing the 498 for the whole of last year – proving the merits of the scheme, Minister of Agriculture, Forestry and Fisheries Veng Sakhon said on Thursday. ...
Hin Pisei
https://www.phnompenhpost.com/business/hope-sprouting-growers-more-farming-contracts-inked
More Japanese investments on industry and agro-processing sought
Cambodian Minister of Commerce Pan Sorasak has encouraged Japanese investors to invest in the fields of industry and agricultural product processing in Cambodia. The call was made when he received a delegation of Japanese Business Association of Cambodia (JBAC) at the ministry Thursday. In the ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50741042/more-japanese-investments-on-industry-and-agro-processing-sought/
South Korea consider’s construction of Cambodia-Korea Friendship bridge
A request by the Royal Government of Cambodia for support from the Government of the Republic of Korea to build a Cambodia-Korea Friendship Bridge to symbolise the diplomatic relations between two nations is being taken into consideration by the Korean side. ...
Heng Panha/AKP
https://www.khmertimeskh.com/50741037/south-korea-considers-construction-of-cambodia-korea-friendship-bridge/
Nearly 1 million tonnes of milled rice exported to China by Q3
Cambodia has exported nearly 1 million tonnes of milled rice as of the third quarter of 2020, and the figure could reach 1.2 million tonnes in a near future. The record was revealed on Tuesday by the Cambodia Rice Federation, underlining that the export followed ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50778347/nearly-1-million-tonnes-of-milled-rice-exported-to-china-by-q3/