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Logging deals cancelled

Six economic land concessionaires in Preah Vihear and Oddar Meanchey provinces have had their contracts to supply the government with wood to build housing for soldiers and their families cancelled. In 2011, after the conflict with Thailand over the Preah Vihear temple, the government encouraged the ...

May Titthara
http://phnompenhpost.com/national/logging-deals-cancelled

Tax incentives introduced to encourage informal economy

Under newly implemented regulations, the Royal Government of Cambodia (RGC) has offered various tax incentives for micro, small and medium-sized enterprises (MSMEs) currently operating in the informal economy to properly register their businesses with the Ministry of Commerce (MoC) and the General Department of Taxation ...

James Whitehead
https://www.khmertimeskh.com/501509765/tax-incentives-introduced-to-encourage-informal-economy/

NCDM holds training seminar on IT tech in disaster management

The National Committee for Disaster Management (NCDM) and the World Food Programme (WFP) – in collaboration with the Department of Geography and Land Management at the Royal University of Phnom Penh (RUPP) – launched a three-day basic training course on use of remote sensing (RS) ...

Nov Sivutha
https://www.phnompenhpost.com/national/ncdm-holds-training-seminar-it-tech-disaster-management

Royal turtles handed over for conservation

The Environment Ministry yesterday received two Royal turtles, weighing about 20 kilogrammes each, which were donated by a woman who bought them from fishermen in Koh Kong province’s Sre Ambel district. ...

Pech Sotheary
https://www.khmertimeskh.com/50737776/royal-turtles-handed-over-for-conservation/

Ministry of Interior drafts royal decree on Tycoons conduct

The Ministry of Interior has completed the draft of a decree on the Status of Tycoons. The draft decree will be sent to Minister of Interior Sar Kheng soon for further recommendation. ...

Tin Sokhavuth
https://www.khmertimeskh.com/501000758/ministry-of-interior-drafts-royal-decree-on-tycoons-conduct/

On Eve of Visit, Obama Faces Asean Challenges, New China Leader

Newly re-elected US President Barack Obama will attend a series of top-level Asian meetings next week, with Cambodia hosting an Asean summit, and China in attendance with new leadership. The high-profile meetings will present challenges for the US president, whose administration has become more deeply ...

http://www.voacambodia.com/content/on-eve-of-visit-obama-faces-asean-challenges-new-china-leader/1545093.html

Local MFIs’ high-tech investment

The first time Leang Horng, a resident of Kandal province’s Saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ...

http://www.phnompenhpost.com/2013022661599/Business/local-mfis-high-tech-investment.html

New Coal Plant to Tackle Blackouts

National energy supplier Electricite du Cambodge (EdC) on Monday announced that a 50-MW coal-fired power plant in Preah Sihanouk province is ready to come online this week and will solve Phnom Penh’s chronic blackouts. The statement does not mention which power plant had been completed, ...

http://www.cambodiadaily.com/news/new-coal-plant-to-tackle-blackouts-31220/

PPAP share offer fully subscribed

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...

Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/ppap-share-offer-fully-subscribed

Japan offers $239 million in emergency assistance

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Ry Sochan
https://www.khmertimeskh.com/50775690/japan-offers-239-million-in-emergency-assistance/

No foreign aid offered to run National Election

No foreign country has offered to assist the National Election Committee (NEC) with financial assistance or in kind for running next year’s National Election. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501147606/no-foreign-aid-offered-to-run-national-election/

ADB offers Covid recovery package

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package

Deforestation warming Cambodia, activists say

As the impacts of climate change become more apparent worldwide, members of the public are connecting more weather events to the phenomenon. In March and April, for example, extreme heat baked mainland Southeast Asia. On April 20, Vietnam set an all-time observed record high temperature, 43 ...

Michael Tatarski
https://www.asiatimes.com/2019/06/article/deforestation-warming-cambodia-activists-say/

China vow to help Cambodia prevent "disturbance from outside"

Chinese Foreign Minister Wang Yi vowed Wednesday, while visiting Cambodia three weeks after a general election that both the ruling and opposition parties claim to have won, to support whatever measures its government takes to ensure stability and offered to help “prevent any disturbance from ...

Kyodo News International
http://www.globalpost.com/dispatch/news/kyodo-news-international/130821/china-vow-help-cambodia-prevent-disturbance-outside

HANG Visith

Investment Data Research OfficerVisith is a Data Researcher at Open Development Cambodia (ODC). At ODC, he is responsible for the desk research and data collection on foreign investment from multi-languages sources and translates it. Under the direct supervision of Data Research and GIS Specialist and ...

Sub-Decree to Require Licenses fro Tour Guides

The Council of  Ministers on Friday approved a sub-decree requiring tour guides to obtain licenses from the government in an effort to regulate and improve quality of service in the tourism sector. The sub-decree aims “to define the procedure to manage tourist guides,”and requires current ...

No background checks on exam monitors: ACU

None of the more than 5,000 independent observers recruited for this year’s national exams had background checks or their identity verified before they were allowed into testing centres, an official said yesterday. During this year’s newly reformed and cleaned-up grade 12 exam, the Anti-Corruption Unit (ACU) ...

Pech Sotheary and Laignee Barron
http://phnompenhpost.com/national/no-background-checks-exam-monitors-acu

Ministry of Culture participates in the ASEAN-Korea Music Festival Committee Meeting

Kong Sothearith, Deputy Director General of the ASEAN Department of the Ministry of Culture and Fine Arts, and So Sranos, Music Teacher of the Royal University of Fine Arts and Member of the National Representative Committee, attended the 2023 ASEAN-Korea Music Festival Committee Meeting from ...

Khmer Times Staff
https://www.khmertimeskh.com/1337461/ministry-of-culture-participates-in-the-asean-korea-music-festival-committee-meeting/

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