Cambodia power up
The first phase of the $380 million HFO power plant in Kandal province’s Lvea Em district will begin operations in April and produce 100MW of electricity, said the Ministry of Mines and Energy. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-powers
Education Ministry and partners launch #ReadEveryDay campaign
In the spirit of nurturing the love for reading, a nationwide campaign dubbed #ReadEveryDay was initiated by the Ministry of Education, Youth and Sport, in collaboration with the Asia Foundation and other partners. ...
Anith Adilah Othman
https://www.khmertimeskh.com/50699624/education-ministry-and-partners-launch-readeveryday-campaign
Four Cambodian river cruise vessels denied docking in Vietnam
Prime Minister Hun Sen has ordered his officials to intervene in helping four Cambodian river cruise vessels which are stuck at Vietnam’s water border as its authorities denied their docking due to fear of a COVID-19 outbreak. ...
Khuon Narim
https://www.khmertimeskh.com/702304/four-cambodian-river-cruise-vessels-denied-docking-in-vietnam/
Government massively cuts imports of live pigs
The government has reduced the import of live pigs from neighbouring countries by up to 70 percent to support local farmers to increase their production, according to a senior official of the General Directorate of Animal Health and Production. ...
Sok Chan
https://www.khmertimeskh.com/50725748/government-massively-cuts-imports-of-live-pigs/
Local pepper prices rebound
Local pepper farmers have reported a sharp increase in the price of the commodity rising almost 100 percent, after Chinese buyers resumed fulfilling orders as the country slowly recovers from the COVID-19 pandemic. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50729705/local-pepper-prices-rebound/
NBC meet set to shape post-Covid economy
The National Bank of Cambodia (NBC) will host its seventh Annual Macroeconomic Conference under the theme “Discussion of Cambodia’s Economic Development Models” to gather input from academics, researchers, industry insiders and economists about how to structure the economy in a post-Covid-19 world. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-meet-set-shape-post-covid-economy
Local vendors shun small US currency
Reports of local vendors refusing to accept small US currency banknotes has continued over the weekend, despite repeated calls from both the Kingdom’s central bank and Prime Minister Hun Sen that all US currency banknotes will still be considered “legal tender”. ...
Harrison White
https://www.khmertimeskh.com/50728832/local-vendors-shun-small-us-currency/
Four sent to court for bulldozing wetlands
The Kampong Thom provincial authorities sent four suspects to the provincial court on Monday after they were arrested the day before for clearing an area of flooded forest with a tractor in Khsach Chi Ros village, Kampong Kor commune, Kampong Svay district. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/four-sent-court-bulldozing-wetlands
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/
Australia and Cambodia work together to boost agriculture sector
Australian Ambassador Pablo Kang has met Cambodian Minister of Agriculture, Forestry and Fisheries HE Veng Sakhon to discuss strengthening agricultural exports and how Australia can assist boosting local food security and rural incomes. ...
Chea Vannak
https://www.khmertimeskh.com/50716472/australia-and-cambodia-work-together-to-boost-agriculture-sector/
Zaman school resists call for closure
Zaman school officials and parents yesterday urged the Cambodian government not to shutter the schools as the Turkish Ambassador to Cambodia Ilhan Tug has requested, saying students will ultimately suffer. The Turkish Embassy has repeatedly called for the schools’ closure in recent weeks, citing their links ...
Sen David and Yesenia Amaro
http://www.phnompenhpost.com/national/zaman-school-resists-call-closure
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
Finance sector in good shape: NBC
The National Bank of Cambodia (NBC) says the banking sector will continue to grow confidently and actively contribute to economic activity. At the same time, the banking and finance sector continues to promote financial inclusion with the number of deposit clients reaching 8.2 million accounts ...
Sok Chan
https://www.khmertimeskh.com/50742892/finance-sector-in-good-shape-nbc/
New tech centre given boost to help digital startups
The Cambodian government issued a sub-decree establishing the new Techo Startup Centre (TSC) as a public administrative institution aimed at providing opportunities for young people, students and researchers to create new businesses in accordance with the trends and momentum of advancing digital technology. ...
Sok Chan
https://www.khmertimeskh.com/50742408/new-tech-centre-given-boost-to-help-digital-startups/
Italy to contribute €100,000 to ARMAC’s operations
Italy is set to contribute €100,000 to the ASEAN Regional Mine Action Centre (ARMAC)’s operation. This was said by ARMAC in a press release by quoting a letter of the Ministry of Foreign Affairs and International Cooperation of the Kingdom of Cambodia to the centre. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50742086/italy-to-contribute-e100000-to-armacs-operations/
E-payments, key to promoting financial inclusion
Cambodia has seen recent and rapid growth in digital and electronic payment services, where the platform is regarded as a key to promote the Kingdom’s financial inclusion. ...
Sorn Sarath
https://www.khmertimeskh.com/50736465/e-payments-key-to-promoting-financial-inclusion/
Kampong Cham exports over 20,000 tonnes of bananas
Kampong Cham provincial governor Un Chanda said yesterday at a press conference the province has exported over 20,000 tonnes of fresh yellow bananas to international markets during the first six months of this year. ...
Khann Chanvirak
https://www.khmertimeskh.com/50740992/kampong-cham-exports-over-20000-tonnes-of-bananas/
NGOs: Stop oppressing journalists and limiting free speech
A joint statement released on November 2 by a group of 57 NGOs called for the government to stop silencing journalists and media outlets and release journalists who they believe were unfairly arrested. ...
Niem Chheng
https://www.phnompenhpost.com/national/ngos-stop-oppressing-journalists-and-limiting-free-speech
CBC develops wide-ranging financial app
The Credit Bureau of Cambodia (CBC) has made available a new digital application that for the first time allows Cambodian citizens to check their credit score, view credit reports and receive credit monitoring alerts. ...
Harrison White
https://www.khmertimeskh.com/50787813/cbc-develops-wide-ranging-financial-app/
MFI credit risk relatively low, NBC’s Serey says
On the basis that non-performing loans stood around 2.3 percent as of August 31, 2020, credit risk in the microfinance sector remains relatively low, said National Bank of Cambodia assistant governor and director-general Chea Serey. ...
Sangeetha Amarthalingam
https://www.phnompenhpost.com/business/mfi-credit-risk-relatively-low-nbcs-serey-says