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400MW fuel oil power plant in east Kandal all set to go online

A $380 million 400MW heavy fuel oil power facility in Kandal province’s eastern Lvea Em district has been completed, and on reserve to generate electricity when demand reaches a high enough level, according to a senior official at the Ministry of Mines and Energy. ...

Thou Vireak
https://www.phnompenhpost.com/business/400mw-fuel-oil-power-plant-east-kandal-all-set-go-online

Approval in principle for new airport

The government has approved in principle the construction of a new domestic airport in Mondulkiri province under a public-private partnership (PPP). The approval was signed by the Council of Ministers’ Permanent Secretary of State Hing Thoraxy on New Year’s Eve. ...

Sok Chan
https://www.khmertimeskh.com/50800187/approval-in-principle-for-new-airport/

NBC conference discusses growth models for economic development

The seventh annual NBC Macroeconomic Conference 2020 commenced yesterday under the theme of  “Discussion of  Cambodia’s Economic Development Models”.  It is being held virtually and will conclude on the morning of Dec 29. ...

Sok Chan
https://www.khmertimeskh.com/50798180/nbc-conference-discusses-growth-models-for-economic-development/

Ministry revises safe village-commune policy

An inter-ministerial meeting chaired by Minister of Interior Sar Kheng on January 8 revised the framework of the so-called safe village-commune policy and renamed it the safe village-commune-district policy. ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-revises-safe-village-commune-policy

Forestry crimes up last year, official vows law enforcement

Forestry crimes including logging, poaching and encroachment on state forest land for private ownership increased considerably last year despite stricter law enforcement, according to an annual report by the Ministry of Environment. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/forestry-crimes-last-year-official-vows-law-enforcement

FTAs, FDIs and tourism essential for Cambodia’s economic bounce back

Although vaccines have begun to be administered in the Kingdom, a resurgence in cases and talk of new virus variants continues to fuel economic uncertainty. Tourist numbers dropped by over 70 percent between January and September of 2020 year-on-year.  ...

Tom Starkey
https://www.khmertimeskh.com/50822760/ftas-fdis-and-tourism-essential-for-cambodias-economic-bounce-back/

Kingdom joins ASEAN securities plan

The newly-renamed Securities and Exchange Regulator of Cambodia (SERC) and its nine capital-market-regulator counterparts in ASEAN on March 15 signed a new five-year Action Plan 2021-2025 for the development of the sector. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-joins-asean-securities-plan

Environment ministry, CYN launch ‘Forest Restoration' campaign

The Ministry of Environment, relevant institutions and the Cambodian Youth Network (CYN) on March 21 launched an online Cambodian forest projection campaign to celebrate World Forest Day under the theme “Forest Restoration” to show the public the importance of forests for mankind. ...

Lay Samean
https://www.phnompenhpost.com/national/environment-ministry-cyn-launch-forest-restoration-campaign

Kampot dam restoration halted

Kampong Trach district authorities in Kampot province have ordered a temporary halt to the excavation of the O’Chro Neang dam and its reservoir in Kampong Trach Kaang Lech commune after protests by local villagers on March 21. ...

Long Kimmarita
https://www.phnompenhpost.com/national/kampot-dam-restoration-halted

‘Pandemic fuels demand for management of property’

The pandemic has increased pressure on building operators, resulting in an all-time high in demand for property management, US-based commercial real estate and service and investment firm CBRE – the largest in the world – said yesterday. ...

Husain Haider
https://www.khmertimeskh.com/50826486/pandemic-fuels-demand-for-management-of-property/

India trade tumbles 26% in 2020

The trade value between Cambodia and India saw a dramatic 25.81 percent reduction last year to $190.13 million from 2019’s $256.26 million as the Kingdom embarked on a feasibility study for a free trade agreement (FTA). ...

Hin Pisei
https://www.phnompenhpost.com/business/india-trade-tumbles-26-2020

Koh Kong authorities look for land grabbers

A technical working group in Koh Kong province is inspecting state land in Sre Ambel district’s Chroy Svay and Boeung Preav communes on suspicions of illegal land grabbing in the biodiversity corridor and multi-use areas.   ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/koh-kong-authorities-look-land-grabbers

Cambodia’s population hits 15.5M: Latest census

The National Committee for the General Population Census announced on January 26 that the Cambodian population had risen to 15.5 million, an increase of 16 per cent from the 2008 census figure of 13.4 million people. ...

Voun Dara
https://www.phnompenhpost.com/national/cambodias-population-hits-155m-latest-census

Contract farming in Mondulkiri fruit and vegetables rolling out

Tropicam Fruit and Vegetable Co Ltd will be rolling out a contract farming agreement with groups of farmers in Mondulkiri province on the supply, purchase and safe production of fruits and vegetables according to Good Agriculture Practice (GAP) standards. ...

Sok Chan
https://www.khmertimeskh.com/50807971/contract-farming-in-mondulkiri-fruit-and-vegetables-rolling-out/

Forum to promote ‘Access to Finance for Women Entrepreneurs in COVID-19 Era’

The National Bank of Cambodia has collaborated with the United States Agency for International Development (USAID) through Pact Cambodia, Khmer Enterprise, Swisscontact and Good Return to organise the Entrepreneurship Ecosystem Forum on “Access to Finance for Women Entrepreneurs in COVID-19 Era”. ...

Sok Chan
https://www.khmertimeskh.com/50810949/forum-to-promote-access-to-finance-for-women-entrepreneurs-in-covid-19-era/

Cambodia gets $28M Oz grant for Covid vaccines

The Australian government announced on February 1 that it has provided a grant of $28 million for the rollout of Covid-19 vaccines approved by World Health Organisation (WHO) for 1.5 million Cambodians. ...

Mom Kunthear
https://www.phnompenhpost.com/national/cambodia-gets-28m-oz-grant-covid-vaccines

Developing recruitment processes key amid digital adoption: Experts

Recruitment has come a long way since its humble beginnings as printed box adverts in the local newspaper. According to global niche technology staffing company Next Venture, technology has and will continue to have the biggest impact on recruitment. ...

Tom Starkey
https://www.khmertimeskh.com/50809632/developing-recruitment-processes-key-amid-digital-adoption-experts/

Use of tax e-filing system mandated from March onwards

All taxpayers in the self-assessment tax bracket have been instructed to submit their annual income tax via electronic filing (ToI E-Filing) from next month on, according to an announcement by the General Department of Taxation (GDT). ...

Sok Chan
https://www.khmertimeskh.com/50817426/use-of-tax-e-filing-system-mandated-from-march-onwards/

Mango farmers asked to register to boost standards

The Ministry of Agriculture, Forestry and Fisheries (MAFF) has once again called on mango growers and farmers to register their mango cultivation with the General Directorate of Agriculture. ...

Sok Chan
https://www.khmertimeskh.com/50817427/mango-farmers-asked-to-register-to-boost-standards/

$100M Lorn City II Sihanoukville residential project breaks ground

Local developer 5LH Lorn City Development Co Ltd’s (Lorn City Group) $100 million residential project broke ground on February 22 morning in Preah Sihanouk, to meet the growing housing demand in the coastal province, the provincial administration said in the press release. ...

May Kunmakara
https://www.phnompenhpost.com/business/100m-lorn-city-ii-sihanoukville-residential-project-breaks-ground

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