Trimmer 2021 budget: Government plans 50 percent drop in spending
Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ss='cambodia-color'>...
Ben Sokhean
https://www.khmertimeskh.com/50734167/trimmer-2021-budget-government-plans-50-percent-drop-in-spending/
BirdLife pilots buffalo breeding project to cut down on hunting
BirdLife International Cambodia is testing a new buffalo breeding project by giving farmers female buffalo to breed as an alternative to hunting. The project aims to put an end to hunting in the Boeung Prek Lpov Protected Landscape in Takeo province’s Koh Andet and Borei Cholsar ss='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/birdlife-pilots-buffalo-breeding-project-cut-down-hunting
‘Viable’ Boeung Kak option floated
More than enough vacant plots exist within Boeung Kak lake’s 12.44-hectare concession area to house those denied land permits, a new NGO report says. sahmakum Teang Tnaut claims to have found “a viable and practical” solution for households excluded from the unmarked land the prime minister ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012070357170/National-news/viable-boeung-kak-option.html
TNS launches new office in Cambodia
International market- research company TNs has announced the opening of the company’s first office in Cambodia, and has joined forces with MsD, a Cambodian market and social research firm that is a “long-standing partner”, an official company statement said. Ralf Matthaes has been appointed regional managing ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012062256943/Business/tns-new-office-cambodia.html
Exports climb 20% on $14B worth of Cambodian goods
Cambodia exported $14.1 billion worth of goods in the first nine months of this year, up 20.07 per cent from the same period last year, despite Covid-19’s production-chain disruptions and its impact on global demand, the Ministry of Economy and Finance reported. ss='cambodia-color'>...
Thou Vireak
https://www.phnompenhpost.com/business/exports-climb-20-14b-worth-cambodian-goods
Nutrilatt, parents will head to court over formula effects
The Ministry of Commerce’s General Department of Consumer Protection, Competition and Fraud Repression will send a case involving the parents of 24 infants who were allegedly affected by consuming the milk powder products of Nutrilatt Master LM Co, Ltd to court on November 14. ss='cambodia-color'>...
Voun Dara
https://www.phnompenhpost.com/national/nutrilatt-parents-will-head-court-over-formula-effects
Blockchain cited as boost to public trust in financial institutions
At this week’s 2020 Global Blockchain Policy Forum, Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ss='cambodia-color'>...
Jason Boken
https://www.khmertimeskh.com/783940/blockchain-cited-as-boost-to-public-trust-in-financial-institutions/
Seeds sown for Stung Treng agriculture
Stung Treng provincial authoritieS will work with integrated food-diStribution company Hun Ty Co Ltd to exploit the province&rSquo;S potential for crop cultivation and potentially Set up a proceSSing plant for export down the line, provincial adminiStration SpokeSman Men Kung told The PoSt on November 26. SS='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture
Cambodia receives medical aid to combat COVID-19 from UAE
The UAE Tuesday sent an aid plane carrying 5 metric tonnes of medical supplies and testing kits to Cambodia to bolster the country’s efforts to curb the spread of COVID-19. This aid will assist approximately 5,000 medical professionals as they work to contain the virus. ss='cambodia-color'>...
Khmer Times Staff
http://khmertimeskh.com/50759831/cambodia-receives-medical-aid-to-combat-covid-19-from-uae/
CDC approves $31.7M animal farm
As part of the government’s effort to secure private investments for food production, the Council for the Development of Cambodia (CDC) earlier this week approved a $31.7 million investment project by Kang Hwa E&C (Cambodia) Co Ltd to build a commercial animal farm in Kampong ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-317m-animal-farm
Cambodia continues to draw FDI despite loss of EBA with another four investment projects worth $37.6 million
The Council for the Development of Cambodia (CDC) has given the green light to four more investment projects with a total investment capital of $37.6 million. According to the council’s press release issued Friday, the projects newly approved are expected to create some 6,338 jobs ss='cambodia-color'>...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50776597/cambodia-continues-to-draw-fdi-despite-loss-of-eba-with-another-four-investment-projects-worth-37-6-million/
Court to rule on sanctuary landgrab cases
The Preah Vihear Provincial Court has set tentative dates in December this year to announce the verdicts for three separate wildlife sanctuary land grab cases, which happened last year. Provincial court spokeswoman Chum Kaniya said on December 10 that the court’s investigating judge had heard ss='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/court-rule-sanctuary-landgrab-cases
Cambodia faces plastic woes
The Ministry of Environment and several non-governmental organisations (NGOs) working on environmental issues in Cambodia have expressed concern over the growing amount of plastic waste in Cambodia’s waterways, as many fishermen are now complaining that they have caught more rubbish than fish over the past ss='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/cambodia-faces-plastic-woes
Endangered status mulled for Kesor Kol
The Ministry of Environment is planning to declare wild Kesor Kol plants – a type of orchid – an endangered species with increased protections, according to the ministry’s secretary of state Neth Pheaktra. Pheaktra also warned of legal action against those who collect or sell wild Kesor ss='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/endangered-status-mulled-kesor-kol
Over 230 repatriated from Thailand
Thai authorities repatriated 234 people to Cambodia on December 5-6 via the O’Bei Choan border checkpoint in Banteay Meanchey province’s O’Chrov district, according to an official report released on December 8. The number included 120 women and girls. ss='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/over-230-repatriated-thailand
SECC prepared to list shares of holding firms
The SecuritieS and Exchange CommiSSion of Cambodia (SECC) iS drafting a prakaS on public offeringS of equity SecuritieS for holding companieS to allow them to iSSue ShareS on the Cambodia SecuritieS Exchange (CSX) in a move towardS diverSification and development of the nation&rSquo;S capital marketS. SS='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/secc-prepared-list-shares-holding-firms
PM: Nov 28 event concluded
Prime Minister Hun sen officially declared that the “November 28 community incident” – a reference to the first confirmed case of Covid-19 local transmission – was now over as the situation had been brought under control. Hun sen made the announcement as he addressed the ss='cambodia-color'>...
Mom Kunthear
https://www.phnompenhpost.com/national/pm-nov-28-event-concluded
$400m investment inked for another hydro project
SINOMACH China Heavy Machinery Co Ltd, the MiniStry of Energy and MineS of Cambodia and the Cambodian National Electric Power Co formally Signed an implementation agreement, leaSe agreement and power purchaSe agreement for the build-operate-tranSfer (BOT) inveStment project of the Shangddai Hydropower Station to utiliSe SS='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50799201/400m-investment-inked-for-another-hydro-project/
Free trade deals yet to come to fruition
The negotiations on the Kingdom’s proposed free trade deal with south Korea are progressing slowly despite the fact all parties aimed to come up with finalised drafts by the end of 2020. However, the China-Cambodia Free Trade Agreement CC-FTA) ratification is to be announced early ss='cambodia-color'>...
Sok Chan
https://www.khmertimeskh.com/50802798/free-trade-deals-yet-to-come-to-fruition/
2020 bilateral trade with China reaches $8.2 billion
Data from the Ministry of Commerce showed Cambodia exported $1.086 billion of goods to China, a year-on-year increase of 8.1 percent. Cambodia’s 2020 imports from China were valued at $7.031 billion, a contraction of 6.9 percent compared with 2019 figures. ss='cambodia-color'>...
Chea Vanyuth
https://www.khmertimeskh.com/50820988/2020-bilateral-trade-with-china-reaches-8-2-billion/