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/
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