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/
Announcement on the provision of allowances to garment and tourism workers whose employment contracts have been suspended
On 18 March 2021, the Ministry of Labour and Vocational Training released an announcement on the provision of allowances to 2,812 workers of factories in garment and tourism sectors whose employment contracts have been suspended in line with the third round of the Royal Government’s ss='cambodia-color'>...
Ministry of Labour and Vocational Training
Ministry urges for registration of mango farms for exports
The Ministry of Agriculture, Forestry and Fisheries has urged farmers to register their mango farms for certification to exports. This was reminded in the ministry’s press release issued recently, adding that the registration of mango farms is also intended to stabilise the price of the ss='cambodia-color'>...
Lim Nary/AKP
https://www.khmertimeskh.com/50818315/ministry-urges-for-registration-of-mango-farms-for-exports/
NBC, IFC to boost SME financial access
The National Bank of Cambodia (NBC) and the International Finance Corporation (IFC) will join forces on the “Cambodia supply Chain Finance Market Development” project and expand financial access for the Kingdom’s small and medium-sized enterprises (sME). ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-ifc-boost-sme-financial-access
Local rice producers sell at discount
A number of Cambodia Rice Federation (CRF) member companies have reduced retail prices of milled rice by 10,000-20,000 riel ($2.50-5) per 50kg sack to participate in government efforts to improve people’s livelihoods during the ongoing two-week coronavirus lockdown in Phnom Penh and adjacent Takhmao town ss='cambodia-color'>...
Thou Vireak
https://www.phnompenhpost.com/business/local-rice-producers-sell-discount
EU and Khmer Enterprise fund partnership for clean energy innovation in the agri-fishery sector
Khmer Enterprise, a unit under the Ministry of Economy and Finance (MEF) and EnergyLab, Cambodia’s only energy start-up incubator, have inked a partnership agreement to support clean energy start-ups in the agriculture, fishery, and aquaculture sectors in Cambodia with funds from the European Union. ss='cambodia-color'>...
SHE launches new tools for women-led businesses
SHE InveStmentS, a Social enterpriSe Supporting women entrepreneurS, haS announced the official launch of itS Digital ReSource Centre (DRC) and Kotra Riel app. The event waS held to celebrate both the concurrent launcheS and the achievementS of women in the work world and their importance SS='cambodia-color'>...
Sok Chan
https://www.khmertimeskh.com/50814158/she-launches-new-tools-for-women-led-businesses/
New permanent landfill site, waste transfer station built
Construction of another new waste transfer station is underway to the north of Phnom Penh while a 50ha area to the west in Kandal province’s Ang snuol district is being planned as a new permanent landfill site as part of a strategy to address waste ss='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/new-permanent-landfill-site-waste-transter-station-built
80MW wind farm project in Kampot hits EdC price snag
French-owned The Blue Circle’s 80MW wind power investment project in Kampot province has hit an impasse, as its proposed $0.068 per kWh tariff rate for the national grid exceeds what state-run energy supplier Electricite du Cambodge (EdC) is willing to pay, according to a Ministry ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/80mw-wind-farm-project-kampot-hits-edc-price-snag
Koh Kong residents protest encroachment on state land
More than 100 families living in Chroy svay commune in Koh Kong province’s sre Ambel district protested in front of the district hall to demand that authorities keep 63ha of lowland forest as state property and take legal action against forest encroachers. ss='cambodia-color'>...
Voun Dara
https://www.phnompenhpost.com/national/koh-kong-residents-protest-encroachment-state-land
KrisEnergy approaches end of the line
KrisEnergy’s oil production dreams in the Khmer Basin appear to be dead in the water after the oil and gas company revealed it was not able to form a viable debt restructuring plan and will lose its revolving line of credit from singapore-based DBs Bank. ss='cambodia-color'>...
Brian Badzmierowski
https://www.khmertimeskh.com/50842923/krisenergy-approaches-end-of-the-line/
MRC gets $13M for management of Mekong River
Australia, Germany, and switzerland have pledged nearly $13 million in funding for the Mekong River Commission (MRC) to assist member countries including Cambodia, Laos, Thailand and Vietnam with their responses to pressing challenges while safeguarding the ecological functioning of the Mekong River and improving people’s ss='cambodia-color'>...
Nov Sivutha
https://www.phnompenhpost.com/national/mrc-gets-13m-management-mekong-river
Phnom Penh officials rehabilitates drainage canals to combat flooding
On June 22, a team from the Phnom Penh Capital Administration began the rehabilitation of 5 drainage canals with s combined length of 1 km in sangkat stung Meanchey 3, Khan Meanchey. The rehabilitation was done with the purpose of preventing the canals from overflowing ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50879174/phnom-penh-officials-rehabilitates-drainage-canals-to-combat-flooding/
Circular economy strategy, plan launched
The government, with support from development partners, on June 28 launched the National Circular Economy strategy and Action Plan, as well as an affiliated platform to engage the private sector in the Kingdom’s transition towards a circular economy. ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/circular-economy-strategy-plan-launched
Kingdom produces 137kg of gold dore bars
Australian miner Renaissance Minerals (Cambodia) Ltd has produced 137kg dore bars with 90 per cent gold solution, in just over a month since it kicked off commercial operations of its flagship gold mine in northeastern Cambodia’s Mondulkiri province, according to Prime Minister Hun sen on ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-produces-137kg-gold-dore-bars
Announcement on the provision of allowances to garment and tourism workers whose employment contracts have been suspended
On 31 March 2021, the Ministry of Labour and Vocational Training released an announcement on the provision of allowances to 9,541 workers of factories in garment and tourism sectors whose employment contracts have been suspended in line with the third round of the Royal Government’s ss='cambodia-color'>...
Ministry of Labour and Vocational Training
Deputy PM to sign $3.3 mn grant aid deal with Japan
Japan is granting more than $3.3 million to Cambodia for this year’s Human Resource Development scholarship. The Exchange of Notes and related documents on the extension of the grant aid will take place today with Deputy Prime Minister and Foreign Affairs Minister Prak sokhonn and ss='cambodia-color'>...
Michael Firn
https://www.khmertimeskh.com/50901340/deputy-pm-to-sign-3-3-mn-grant-aid-deal-with-japan/
World Bank financial aid for Kingdom, Malpass says
Cambodia is among the East Asian and Pacific (EAP) countries set to receive financial support from the World Bank to underpin a resilient post-Covid-19 economic recovery, fuelled by solid vaccination progress, the Washington-based development lender’s president told The Post. ss='cambodia-color'>...
May Kunmakara
https://phnompenhpost.com/business/world-bank-financial-aid-kingdom-malpass-says
CHRC addresses human rights concerns about new NHRC
The Cambodian Human Rights Committee (CHRC) on Wednesday addressed the concerns expressed in a joint statement of 60 Civil society Organisations (CsOs), trade unions, associations and communities that was posted on the Cambodian League for the Promotion and Defense of Human Rights (Licadho)’s website about ss='cambodia-color'>...
Son Minea
https://www.khmertimeskh.com/50924056/chrc-addresses-human-rights-concerns-about-new-nhrc/