MoU inked to promote local bourse
Cambodia Chamber of Commerce (CCC) and SecuritieS and Exchange CommiSSion of Cambodia (SECC) &ndaSh; the country&rSquo;S SecuritieS regulator &ndaSh; Signed a memorandum of underStanding (MoU) in a move to team up concerning raiSing awareneSS, while encouraging firmS to join the local Stock market. SS='cambodia-color'>...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726581/mou-inked-to-promote-local-bourse/
Areng valley activist denies illegal logging allegations
An environmental activist in Koh Kong province’s Areng Valley on Monday denied building an ecotourism information center with illegally logged wood after he was summoned to the local court to answer questions over alleged forestry crimes. ss='cambodia-color'>...
Khuon Narim
https://www.cambodiadaily.com/news/areng-valley-activist-denies-illegal-logging-allegations-78939/
Rubber firm vows not to harm forests
Rubber and palm oil giant the Socfin Group haS committed to a global “zero-deforeStation policy” acroSS Africa and ASia amid a legal diSpute with ethnic Bunong communitieS in Mondulkiri province&rSquo;S BouSraa commune. SS='cambodia-color'>...
Daniel Pye
http://www.phnompenhpost.com/national/rubber-firm-vows-not-harm-forests
CMAC removes landmines used as home decorations
The Cambodian Mine Action Centre (CMAC) and the Banteay Meanchey provincial authorities on Wednesday collected 30 mines and UXOs from a 48-year-old man who used them to decorate his home in O’Chrov district’s O’Beichoan commune. ss='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cmac-removes-landmines-used-home-decorations
SECC sets minimum capital requirement
The securities and Exchange Commission of Cambodia (sECC) has set a minimum capital requirement for securities firms A statement from the sECC, released yesterday, said that securities underwriters are required to hold a minimum of 40 billion riel of their shareholder’s equities It also requires securities firms to maintain ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012052456352/Business/secc-sets-min-capital-requirement.html
PPWSA settles on IPO price
A price has been set for Phnom Penh Water supply Authority’s initial public offering, according to the securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWsA will sell for 6,300 riel, or Us$1.57, a share, putting the ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html
FAO gives policy recommendations in response to dire farming warning
The United Nations Food and Agriculture Organisation (FAO) has said the country’s economically crucial agriculture sector must implement a raft of new measures to combat escalating natural disasters that are threatening Cambodian crops and livestock. ss='cambodia-color'>...
Harrison White
https://www.khmertimeskh.com/50730610/fao-gives-policy-recommendations-in-response-to-dire-farming-warning/
Cambodia-China joint COVID-19 fight an outstanding model of cooperation
Cambodia and China’s joint COVID-19 fight is an outstanding model of cooperation and a positive step towards building a global community of shared future, said a Cambodian ruling party spokesman. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50714938/cambodia-china-joint-covid-19-fight-an-outstanding-model-of-cooperation/
Sweden, UNDP contribute toward a greener Cambodia
The SwediSh government and United Nation Develo- pment Programme yeSterday co-Signed a new contribution agreement of $3.34 million to Support Cambodia Climate Change Alliance&rSquo;S PhaSe 3 initiative from 2020 to 2022. &nbSp; SS='cambodia-color'>...
Pech Sotheary
https://www.khmertimeskh.com/50716389/sweden-undp-contribute-toward-a-greener-cambodia/
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. ss='cambodia-color'>...
Sen David
https://www.khmertimeskh.com/50720608/factory-furloughs-nearly-2000-workers-amid-coronavirus/
Equipment sale ordered to pay wages
The Phnom Penh Municipal Court has issued a warrant for the temporary seizure of Top World Garment Cambodia Ltd’s property in order to get the employer to appear and find a solution for workers still owed their December salaries. ss='cambodia-color'>...
Sen David
http://www.phnompenhpost.com/national/equipment-sale-ordered-pay-wages
Tycoon and ex-vice governor charged over land grab
Phnom Penh Municipal Court today charged and detained a former vice-governor of Battambang province and a property Tycoon accused of bribery and embezzlement over grabbing nearly 5,000 hectares of state land in Battambang Province’s Kuos Kralor district. ss='cambodia-color'>...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50742353/tycoon-and-ex-vice-governor-charged-over-land-grab/
Charcoal kilns destroyed
Kampong Speu police and the NGO ACNCIPO on Monday deStroyed 117 illegal charcoal kilnS in Oral diStrict&rSquo;S TaSal commune. The ownerS were required to Sign a contract promiSing to Stop the activitieS, which are taking place in the Phnom Oral Wildlife Sanctuary. SS='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/charcoal-kilns-destroyed
Governor requested to reclaim land in Kampong Speu
A prominent environmental watchdog head has sent a letter to Kampong speu provincial governor Vei samnang requesting he reclaim 1,500ha that was encroached on in Oral district’s Tasal commune as state property. ss='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/governor-requested-reclaim-land-kampong-speu
Microfinance ‘bad loans’ fall to 2.27% in October
The microfinance sector’s nonperforming loan (NPL) ratio decreased from 2.56 percent in september to 2.27 percent in October after rising from 1.33 percent in January and peaking in May at 2.61 percent. ss='cambodia-color'>...
Harrison White
https://www.khmertimeskh.com/50788275/microfinance-bad-loans-fall-to-2-27-in-october/
Cassava prices increase as harvest starts
From November this year, the cassava harvest season starts in some provinces while the price of cassava reportedly saw an increase compared to that of last year, as this year’s yield is projected to be lower due to flash floods. ss='cambodia-color'>...
Chea Vannak/AKP
https://www.khmertimeskh.com/50783945/cassava-prices-increase-as-harvest-starts/
Cambodia ensures food security and rice exports
The beginning of this season’s rice harvest has been slower than in 2019. This has been brought about by drought causing slower seed-planting, resulting in some farmers having to replant and harvest has now been extended into December. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50758818/cambodia-ensures-food-security-and-rice-exports/
‘Endangered’ monkeys found in Mondulkiri
The Wildlife Conservation society (WCs) revealed on Tuesday the discovery of over 20,000 endangered black-shanked douc langurs and about 1,200 endangered yellow-cheeked crested gibbons in Cambodia, mostly in Mondulkiri province’s Keo seima Wildlife sanctuary. ss='cambodia-color'>...
Voun Dara
https://www.phnompenhpost.com/national/endangered-monkeys-found-mondulkiri
Sihanoukville Special Economic Zone —to Build an International Zone with the Concept of “Win-win”
Data from Cambodia’s custom and excise department shows that from January to August this year, the total number of containers arriving and leaving the sihanoukville special Economic Zone (ssEZ) increased by 22.1% compared with the same period last year. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50767842/sihanoukville-special-economic-zone-to-build-an-international-zone-with-the-concept-of-win-win/
‘Uncertainty’ remains over economic outlook
The World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase. ss='cambodia-color'>...
Harrison White
https://www.khmertimeskh.com/50767885/uncertainty-remains-over-economic-outlook/