Helping SMEs to stand on their own two feet
Following the successful completion of two rounds of assistance packages to support small and medium-sized enterprises (SMEs) and startups during the COVID-19 pandemic, Khmer Enterprise will implement a third this year. ...
Sok Chan
https://www.khmertimeskh.com/50810982/helping-smes-to-stand-on-their-own-two-feet/
Kampot pepper exports remain strong amid pandemic
Kampot pepper exports have weathered the economic storm created by COVID-19 and continue to remain a strong export product for the Kingdom, according to President of the Kampot Pepper Promotion Association (KPPA) Nguon Lay. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50860038/kampot-pepper-exports-remain-strong-amid-pandemic/
Seven more financial institutions join CGCC
Seven financial institutions (FI) on June 29 signed a credit guarantee agreement with government-owned Credit Guarantee Corporation of Cambodia (CGCC) to provide more business loans in an effort to contribute to economic activities amid the ongoing Covid-19 health crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/seven-more-financial-institutions-join-cgcc
S-21 marks UNESCO listing
July 31 marked the 12th anniversary of the listing of Tuol Sleng Genocide Museum Archive in UNESCO’s Memory of the World Programme. This year, it was observed virtually due to the Covid-19 pandemic. ...
Nov Sivutha
https://www.phnompenhpost.com/national-kr-tribunal/s-21-marks-unesco-listing
Cambodia marks World Ranger Day
World Wide Fund for Nature (WWF-Cambodia) regards the Ministry of Environment rangers as the guardians of healthy forests that help mitigate the risk of future zoonotic diseases infecting humans in the same manner that Covid-19 likely did. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/cambodia-marks-world-ranger-day-0
Spirits raised: PM announces salary hikes after two-year freeze
After enduring the trials and tribulations caused by the Covid-19 pandemic, civil servants in the Kingdom have something to rejoice at last. Prime Minister Hun Sen announced yesterday they would all be given a pay rise after a two-year freeze due to the pandemic. ...
Tith Kongnov
https://www.khmertimeskh.com/501093428/spirits-raised-pm-announces-salary-hikes-after-two-year-freeze/
NBC: Loans, deposits see double-digit 2022 growth
The Kingdom’s banking and financial institutions posted very solid business performance overall last year despite regional and global uncertainty and inflationary pressures tied to Covid-19 and the Ukraine crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-loans-deposits-see-double-digit-2022-growth
ASEAN a bright spot in gloomy global outlook, says IMF chief
The region and the globe remain in the grip of a slew of intractable crises on top of the persistent effects of Covid-19, posing precarious economic headwinds and dampening growth prospects for the coming years. ...
May Kunmakara
https://www.phnompenhpost.com/business/asean-bright-spot-gloomy-global-outlook-says-imf-chief
Labour export from Cambodia on an upswing
With the expected revival of economic activities and China’s decision to ease Covid-19 curbs, many ASEAN and Indo-Pacific states are scrambling to import workers and they are looking at Cambodia. ...
Prakash Jha
https://www.khmertimeskh.com/501211892/labour-export-from-cambodia-on-an-upswing/
Cambodia reaffirms commitment to host the Asia-Europe Meeting (ASEM) Nov 2020
Cambodia has reaffirmed that it will host the Asia-Europe Meeting (ASEM) Summit in November, said Luy David, Secretary of State of Ministry of Foreign Affairs and International Cooperation, stressing that it will be the world’s largest summit post-COVID-19. ...
Khmer Times Staff
https://www.khmertimeskh.com/50728976/cambodia-reaffirms-commitment-to-host-the-asia-europe-meeting-asem-nov-2020/
Local pepper prices rebound
Local pepper farmers have reported a sharp increase in the price of the commodity rising almost 100 percent, after Chinese buyers resumed fulfilling orders as the country slowly recovers from the COVID-19 pandemic. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50729705/local-pepper-prices-rebound/
Families told to register for cash handouts
The government has called on poor families to apply to commune authorities for evaluation to receive financial support during the Covid-19 crisis. A $300 million budget has been planned for implementation within a year. ...
Voun Dara
https://www.phnompenhpost.com/national/families-told-register-cash-handouts
IDPoor cardholder list grows to 610,000, budget hits $28M
The fund to support poor families during Covid-19 increased to $28 million in July and 50,000 more poor people were added to the list, Prime Minister Hun Sen said while visiting farmers in Takeo province on Tuesday. ...
Niem Chheng
https://www.phnompenhpost.com/national/idpoor-cardholder-list-grows-610000-budget-hits-28m
GDT firm on March 31 tax deadline
General Department of Taxation (GDT) director-general Kong Vibol refused to budge on a March 31 deadline to file tax on income (ToI) for fiscal year 2020 despite the economic pressure on the business community caused by the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-firm-march-31-tax-deadline
Q1 garment exports valued at $2.4 billion
Cambodia’s garment product exports contracted in the first quarter financial period as hundreds of factories remained closed temporarily because of COVID-19 in Phnom Penh and Takmao city, Kandal province. ...
Chea Vanyuth
https://www.khmertimeskh.com/50850644/q1-garment-exports-valued-at-2-4-billion/
FDI inflows drop 1% to $3.5B
The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...
May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b
Indian Government thanks Cambodia for lifting travel ban
Indian Ambassador Devyani Khobragade yesterday sent a message to express thanks to the Cambodian government for lifting a temporary ban on travel from India after the Covid-19 situation there has improved. . ...
Sen David
https://www.khmertimeskh.com/50910652/indian-government-thanks-cambodia-for-lifting-travel-ban/
Korea welcomes back Cambodian workers
Cambodia is now one of six major countries sending workers under the Employment Permit System (EPS) policy to work in Korea which is now welcoming back migrant workers from abroad after the Covid-19 pandemic. ...
Khmer Times Staff
https://www.khmertimeskh.com/50912793/korea-welcomes-back-cambodian-workers/
Cambodia marks World Ranger Day
World Wide Fund for Nature (WWF-Cambodia) regards the Ministry of Environment rangers as the guardians of healthy forests that help mitigate the risk of future zoonotic diseases infecting humans in the same manner that Covid-19 likely did. ...
Orm Bunthoeurn
https://phnompenhpost.com/national/cambodia-marks-world-ranger-day
Bakong-powered transactions soar
Digital payments are becoming crucial to the management of daily expenses, especially during Covid-19 when social distancing is the norm, according to National Bank of Cambodia (NBC) director-general Chea Serey. ...
May Kunmakara
https://www.phnompenhpost.com/business/bakong-powered-transactions-soar