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GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects

Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...

Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/

Natural rubber exports retain bounce during Covid-19 crisis

Cambodia exported $22.17 million worth of natural rubber to the international market last month, gaining 6.3 per cent over April 2019’s $20.85 million, said a Ministry of Agriculture, Forestry and Fisheries report.​ ...

Hin Pisei
https://www.phnompenhpost.com/business/natural-rubber-exports-retain-bounce-during-covid-19-crisis

Smart gives $1m from virus fund

Smart Axiata announced yesterday that it has begun disbursing funds from its $1 million COVID-19 Relief Fund to the Institut Pasteur du Cambodge, Open Institute, Friends International and Southeastern Globe Communications, according to a company statement. ...

Sok Chan
https://www.khmertimeskh.com/50725375/smart-gives-1m-from-virus-fund/

Kol: Political will needed to fight ‘graft’ in the Kingdom

Before former Transparency International Cambodia (TI Cambodia) executive director Preap Kol stepped down earlier this month, he delivered a 17-minute speech sharing his views on the fight against corruption in the Kingdom. ...

Niem Chheng
https://www.phnompenhpost.com/national/kol-political-will-needed-fight-graft-kingdom

Factory furloughs nearly 2,000 workers amid coronavirus

Nearly 2,000 garment workers are now in limbo after their employer You Li International Garment Co Ltd in Svay Rieng province’s Bavet city announced a suspension of operations as clothing orders dry up amid the coronavirus pandemic. ...

Sen David
https://www.khmertimeskh.com/50720608/factory-furloughs-nearly-2000-workers-amid-coronavirus/

Farm crayfish easy to feed, worth ‘billions’

Minister of Agriculture Veng Sakhon has urged the Cambodia Amazing Aquaculture Technological Co Ltd (CAAT) to expand crabfish farming from 25ha to 100ha as there is much potential for export to international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/farm-crayfish-easy-feed-worth-billions

Negative COVID-19 test results of the ministry's leaders and officials

On 05 November 2020, the Ministry of Foreign Affairs and International Cooperation issued a press release to encourage the ministry’s leaders and officials to continue their 14-day quarantine, even though the test confirmed negative. ...

Ministry of Foreign Affairs and International Cooperation

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NGOs want access law to be adopted sooner

To mark the International Day for Universal Access to Information yesterday, 20 NGOs insisted the access to information law should be adopted soon, as the draft law is reportedly expected to be submitted to the Council of Ministers shortly. ...

Ry Sochan
https://www.khmertimeskh.com/50767472/ngos-want-access-law-to-be-adopted-sooner/

Crisis talks on threat to rice imports

The Commerce Ministry and Cambodia Rice Federation (CRF) had an urgent meeting about the USA Rice Federation to the The United States International Trade Commission (USITC) on the eliminating a trade benefit on rice imported to US including from Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50744806/crisis-talks-on-threat-to-rice-imports/

Announcement on the temporarily suspension of​ flights from Malaysia and Indonesia

On 25 July 2020, the ministry of Health has issued an announcement on its official Facebook site on the temporary suspension of all international flight from 01 August 2020 until further notice. According to the announcement, the decision to temporarily suspended all flight from Malaysia ...

Ministry of Health

Download: pdf

Rights groups appeal for prisons testing, as Hun Sen solicits vaccine funds

Three international and domestic rights groups said the government must test prisoners who may have been exposed to an Interior Ministry official who had the disease, with Prime Minister Hun Sen focused on soliciting funds for vaccine acquisitions. ...

Sorn Sarath
https://cambojanews.com/rights-groups-appeal-for-prisons-testing-as-hun-sen-solicits-vaccine-funds/

IFC may provide ACLEDA $200 mn to help female entrepreneurs and SMEs

ACLEDA Bank Plc has proposed a five-year, $200 million blended finance investment from the World Bank Group’s International Finance Corporation (IFC), disclosure documents reveal. ...

Husain Haider
https://www.khmertimeskh.com/50825874/ifc-may-provide-acleda-200-mn-to-help-female-entrepreneurs-and-smes/

China demand stretches rubber prices

The prices of Cambodian natural rubber latex on international markets have risen by more than 10 per cent year-on-year in the first quarter, driven by rising demand from China, according to a senior official of the Ministry of Agriculture, Forestry and Fisheries. ...

Hin Pisei
https://www.phnompenhpost.com/business/china-demand-stretches-rubber-prices

Exports to South Korea increase for two consecutive months

Data from the Korean International Trade Association showed that during January and February Cambodia exported about $64 million of products to the east Asian country, an increase of over 2.9 percent compared with the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50826608/exports-to-south-korea-increase-for-two-consecutive-months/

Cambodia Posts sets stricter time demands

Cambodia Post (CP) has imposed more stringent time demands for its domestic Express Mail Service (EMS) across its branches to carve a larger slice of the local market and offset the Covid-19 pandemic’s toll on international postage services, the state-owned enterprise said in a notice ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-posts-sets-stricter-time-demands

Don’t worry about the rice market: Minister to farmers

Minister of Agriculture, Forestry and Fisheries Veng Sakhon said farmers should not be worried about rice markets despite the nation’s milled rice exports to international destinations being down in the first quarter of the year. ...

Sar Socheath
https://www.khmertimeskh.com/50837501/dont-worry-about-the-rice-market-minister-to-farmers/

National action plan against gender violence launched

Senior officials and international envoys have urged cooperation from society to put a stop to all forms of violence against women amid concerns that incidence has risen across the country and the world since the beginning of the Covid-19 crisis. ...

Long Kimmarita
https://www.phnompenhpost.com/national/national-action-plan-against-gender-violence-launched

Forum to promote ‘Access to Finance for Women Entrepreneurs in COVID-19 Era’

The National Bank of Cambodia has collaborated with the United States Agency for International Development (USAID) through Pact Cambodia, Khmer Enterprise, Swisscontact and Good Return to organise the Entrepreneurship Ecosystem Forum on “Access to Finance for Women Entrepreneurs in COVID-19 Era”. ...

Sok Chan
https://www.khmertimeskh.com/50810949/forum-to-promote-access-to-finance-for-women-entrepreneurs-in-covid-19-era/

First crude oil shipment due this month

Singapore-based KrisEnergy will make its first shipment of crude oil to international markets this month with a batch of up to 300,000 barrels, according to Cheap Sour, director-general of Petroleum at the Ministry of Mines and Energy. ...

Chea Vanyuth
https://www.khmertimeskh.com/50859589/first-crude-oil-shipment-due-this-month/

Cambodia urges global solidarity, not finger-pointing, politicisation of COVID-19

Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn has called for international solidarity against COVID-19, not finger-pointing and politicization, according to a foreign ministry’s press statement on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50910939/cambodia-urges-global-solidarity-not-finger-pointing-politicisation-of-covid-19/

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