Cambodia records 1.26 million air passengers in Q1
Cambodia reported 1.26 million air travelers during the first quarter of 2023, up 549 percent from only 195,000 passengers over the same period last year, said the State Secretariat of Civil Aviation’s report released on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501276387/cambodia-records-1-26-million-air-passengers-in-q1/
Banks support NBC proposal
The Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) have expressed support for suggestions the National Bank of Cambodia (NBC) has given to financial institutions to reduce the impact of Covid-19 on the local economy. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-support-nbc-proposal
$50 million emergency fund for small and medium enterprises
The government yesterday launched a $50million special fund for small and medium Enterprise (SMEs) to boost competitiveness, productivity and daily business operations amid the impact of the pandemic Covid-19 and a 20 percent withdrawal of zero tariffs under the EU’s Everything but Arms (EBA) trade ...
Sok Chan
https://www.khmertimeskh.com/50702354/50-million-emergency-fund-for-small-and-medium-enterprises/
Half a million workers already affected by cancelled orders
The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...
Sok Chan
https://www.khmertimeskh.com/50710646/half-a-million-workers-already-affected-by-cancelled-orders/
Covid-19: A global approach to protecting garment workers in supply chains as Cambodia faces up to 500,000 job losses
The Garment Manufacturers Association in Cambodia (GMAC) has stated approximately 60 percent of its factories have been severely affected by cancelled orders of ready-made garment exports, due to the COVID-19 pandemic. ...
Khmer Times Staff
https://www.khmertimeskh.com/50716165/covid-19-a-global-approach-to-protecting-garment-workers-in-supply-chains-as-cambodia-faces-up-to-500000-job-losses/
Livelihood recovery project to help 10,000
The Ministry of Agriculture, Forestry and Fisheries and the UN Food and Agriculture Organisation (FAO) on February 16 signed an agreement to begin a project that will directly support 10,000 of the most vulnerable people affected by the economic fall-out from Covid-19 in Siem Reap ...
Mom Kunthear
https://www.phnompenhpost.com/national/livelihood-recovery-project-help-10000
Stiffer fines for violators of consumer protection law
More than 1,000 officers from the Directorate-General of Consumer Protection, Competition and Fraud Repression (CCF) with increased powers are set to enforce new measures and impose stiffer penalties for businesses that break the law from July 1. ...
Long Kimmarita |
https://www.phnompenhpost.com/national/stiffer-fines-violators-consumer-protection-law
New digital push for MSMEs
The Ministry of Posts and Telecommunications, Australian Agency for International Development (AusAID), and the UN Development Programme (UNDP) on August 18 launched an open joint effort to build an inclusive digital ecosystem aimed at sparking the development of a robust post-Covid-19 economy. ...
Thou Vireak
https://www.phnompenhpost.com/business/new-digital-push-msmes
Hun Sen and spouse get booster dose
Prime Minister Hun Sen and his spouse, Bun Rany Hun Sen yesterday morning received the 3rd jab against the COVID-19 pandemic. ...
Khmer Times Staff
https://www.khmertimeskh.com/50935107/hun-sen-and-spouse-get-booster-dose/
China to help set up jab factory
China pledged to provide more vaccine assistance to Cambodia and to establish a production facility in the Kingdom as the Covid-19 situation remains uncertain with the emergence of new variants and no clear end in sight. ...
Voun Dara
https://www.phnompenhpost.com/national/china-help-set-jab-factory
Capital’s airport records 28% cargo rise
Phnom Penh International Airport handled 55,000 tonnes of air freight in 2021, surging by about 28 per cent from a year earlier, according to a State Secretariat of Civil Aviation (SSCA) report. ...
Hom Phanet
https://www.phnompenhpost.com/business/capitals-airport-records-28-cargo-rise
U.S. donates two million doses of COVID-19 vaccines to the Cambodian people
The United States, in partnership with COVAX, UNICEF, and WHO has donated two million Pfizer vaccine doses to the Royal Kingdom of Cambodia yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501068956/u-s-donates-two-million-doses-of-covid-19-vaccines-to-the-cambodian-people/
COVID-19 vaccines boost Cambodia’s economic growth: PM
Covid-19 vaccines have helped boost Cambodia’s economic recovery and growth since last November, the country’s Prime Minister Hun Sen said on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501135168/covid-19-vaccines-boost-cambodias-economic-growth-pm/
Cambodian scholar says China’s BRI key contributor to global economic growth in post-pandemic era
China-proposed Belt and Road Initiative (BRI) has become a key contributor to global economic growth and poverty reduction in the post-COVID-19 pandemic era, a Cambodian scholar said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501285739/cambodian-scholar-says-chinas-bri-key-contributor-to-global-economic-growth-in-post-pandemic-era/
Royal Ploughing ceremony cancelled
The annual Royal Ploughing Ceremony, traditionally held in May, has been cancelled in light of the pandemic, the National Committee for Organising National and International Festivals announced. NCONIF secretary-general Chhin Ketana said yesterday, “The government has decided to cancel the celebration of this year’s Royal ...
Pech Sotheary
https://www.khmertimeskh.com/50712384/royal-ploughing-ceremony-cancelled-2/
Cambodia’s Delta variant now becomes community infection, total rises to above 300 nationwide
Cambodia’s Ministry of Health (MoH) has reportedly detected more than 300 cases of the Delta COVID-19 variant, and is classified as a community infection. ...
Khmer Times Staff
https://www.khmertimeskh.com/50908867/cambodias-delta-variant-now-becomes-community-infection-total-rises-to-above-300-nationwide/
WFP and USAID allocate $1.32 million to 11,000 families badly hit by floods
The World Food Program supported by the Government of Germany and the United States Agency for International Development (USAID) allocated $1.32 million to be given to 11,000 families or about 55,000 people who were badly affected by floodwaters and the Covid outbreak in Banteay Meanchey ...
Chhun Sun Ly
https://www.khmertimeskh.com/50955055/wfp-and-usaid-allocate-1-32-million-to-11000-families-badly-hit-by-floods/
Tax breaks to be extended beyond reopening
The government has decided to extend tax exemptions to sectors ravaged by the Covid-19 outbreak, to allow businesses breathing space for recovery and boost economic growth amid a lingering uncertainty over the convergence of crises brought on by the pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-breaks-be-extended-beyond-reopening
New non-SEZ projects fall 24.11%
Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for the Development of Cambodia (CDC) saw a sharp decline in January-November 2021 compared to the same period a year ...
Hin Pisei
https://www.phnompenhpost.com/business/new-non-sez-projects-fall-2411
Kingdom-Malaysia trade tops $500M
Cambodia-Malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m
