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Impact of Coronavirus on real estate

Property watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. ss='cambodia-color'>...

Yeshi Dema
https://www.khmertimeskh.com/50714661/impact-of-coronavirus-on-real-estate/

All is not well in the garment sector as exports drop by 50 percent in second trimester

Cambodia’s exports of garment and footwear products are expected to drop from 50 to 60 percent due to the impact of COVID-19 crisis during the second trimester of 2020. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/50718827/all-is-not-well-in-the-garment-sector-as-exports-drop-by-50-percent-in-second-trimester/

Ministry to give mining rights for four coal sites

The Ministry of Mines and Energy is set to review applications soon for rights to four coal mining concession areas – totalling 794sq km – it opened late in March in the Kingdom’s north. ss='cambodia-color'>...

Thou Vireak
https://www.phnompenhpost.com/business/ministry-give-mining-rights-four-coal-sites

First meeting for union law working group set

The National Assembly has announced the formation of a bipartisan working group, first promised earlier this month, to examine the controversial draft trade union law.The working group, which was established on Wednesday, is composed of five opposition Cambodia National Rescue Party members and five members ss='cambodia-color'>...

Mech Dara
http://www.phnompenhpost.com/national/first-meeting-union-law-working-group-set

Australia provides over $5 million for demining work

Australia has committed to grant AUD 7.6 million (about $5.26 million) for demining work in the Kingdom’s three most-affected provinces from this year until 2024. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/50742996/australia-provides-over-5-million-for-demining-work/

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. ss='cambodia-color'>...

Sorn Sarath
https://www.khmertimeskh.com/50736465/e-payments-key-to-promoting-financial-inclusion/

After massive growth, special economic zone will face hurdles

Phnom Penh Special Economic Zone Plc (PPSEZ) will Suffer Severely from the impact of the COVID-19 pandemic thiS year after reporting healthy reSultS in 2019, according to the company&rSquo;S Senior officialS. SS='cambodia-color'>...

Sorn Sarath
https://www.khmertimeskh.com/50739183/after-massive-growth-special-economic-zone-will-face-hurdles/

NEC plans to offer online registration

The National Election Committee (NEC) has a tentative plan to register political parties and candidates online next year to bolster trust in Cambodian elections and the country’s information technology system. ss='cambodia-color'>...

Nov Sivutha
https://www.phnompenhpost.com/national/nec-plans-offer-online-registration

Visits short for jailed Boeung Kak spouses

Boeung Kak villager Heng Tong has seen his wife, Heng Mom, for a total of 15 minutes since she was sent to Prey sar prison after a three-hour trial on May 24. He has been granted three visits and has had to bring money to pay ss='cambodia-color'>...

http://www.phnompenhpost.com/index.php/2012060856675/National-news/visits-short-for-jailed-spouses.html

Nearly 13,000 suspended workers to receive cash allowance payments

The Ministry of Labour and Vocational Training has so far provided 30 cash handouts to workers in the garment and tourism sectors, with this week’s number totalling to almost 13,000 workers. ss='cambodia-color'>...

Mom Kunthear
https://www.phnompenhpost.com/national/nearly-13000-suspended-workers-receive-cash-allowance-payments

Australia donates water-modelling software to assist development

The Australian Embassy has donated its national water-modelling platform, eWater source, to the Cambodian government as part of the nation’s ongoing support for sustainable water management throughout the Mekong region. ss='cambodia-color'>...

Harrison White
https://www.khmertimeskh.com/50767289/australia-donates-water-modelling-software-to-assist-development/

MAFF being short changed by ELC holders, revenue loss significant

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has claimed that it is revising the economic land concession (ELC) laws to ensure that the land is being used properly to benefit the country’s economy. ss='cambodia-color'>...

Sorn Sarath
https://www.khmertimeskh.com/50771557/maff-being-short-changed-by-elc-holders-revenue-loss-significant/

Rattanakiri province connected to power grid

Cambodia’s northeastern Rattanakiri province is finally connected to the grid as the high voltage transmission line was officially put into operation carrying power generated from the Lower sesan dam 2. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/50743729/rattanakiri-province-connected-to-power-grid/

MRC sees ‘very critical situation’ in Tonle Sap as flow reversal still delayed

In a weekly situation report, the MRC said low inflows from the Mekong and low rainfall in the Tonle sap’s upper-catchment areas had “resulted in a very critical situation” for the lake. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/50751837/mrc-sees-very-critical-situation-in-tonle-sap-as-flow-reversal-still-delayed/

MRC calls for transparent hydrological data sharing

The Mekong River Commission secretariat (MRCs) on Tuesday welcomed Chinese Premier Li Keqiang’s pledge to share year-round hydrological data with Mekong countries. ss='cambodia-color'>...

Niem Chheng
https://www.phnompenhpost.com/national/mrc-calls-transparent-hydrological-data-sharing

Cambodia, China conclude bilateral FTA negotiations

Negotiations on the establishment of a free trade agreement (FTA) between the Kingdom of Cambodia and the People’s Republic of China were officially concluded on July 20, 2020, after half a year of negotiations. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/50747200/cambodia-china-conclude-bilateral-fta-negotiations/

Cross-border trade between Cambodia and Thailand shows marginal increase

Thailand’s cross-border trade fell by 9.18% year-on-year in the first half, attributed to lockdown measures and the slowing economies of neighbouring countries. ss='cambodia-color'>...

Khmer Times Staff
https://www.khmertimeskh.com/50755682/cross-border-trade-between-cambodia-and-thailand-shows-marginal-increase/

Economy damaged by severe rain, flooding

Flooding has caused delays in the transportation of goods for many days as national roads suffer damage, costing the country’s economy dearly because the government will have to spend more on repairs. ss='cambodia-color'>...

Sorn Sarath
https://www.khmertimeskh.com/50774871/economy-damaged-by-severe-rain-flooding/

ARDB to disburse $50M loan by Dec 31

The state-owned Agricultural and Rural Development Bank (ARDB) expects to fully disburse a $50 million emergency fund for small and medium-sized enterprises (sMEs) by year’s end, its director-general Kao Thach told The Post on December 14. ss='cambodia-color'>...

Thou Vireak
https://www.phnompenhpost.com/business/ardb-disburse-50m-loan-dec-31

Senate passes draft law on Gov’t Securities

The Senate on December 21 approved on the Draft Law on Government SecuritieS which allowS the government to prepare bondS to iSSue in the capital market to collect fundS from the public for the country&rSquo;S development. SS='cambodia-color'>...

May Kunmakara
https://www.phnompenhpost.com/business/senate-passes-draft-law-govt-securities

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