$50 million emergency fund for small and medium enterprises
The government yesterday launched a $50million special fund for small and medium Enterprise (SMEs) to boost competitiveness, productivity and daily business operations amid the impact of the pandemic Covid-19 and a 20 percent withdrawal of zero tariffs under the EU’s Everything but Arms (EBA) trade ...
Sok Chan
https://www.khmertimeskh.com/50702354/50-million-emergency-fund-for-small-and-medium-enterprises/
NGO: Data shows ‘wholesale sell-off’
Cambodia should urgently disclose all information about land ownership and rethink its “wholesale sell-off” of the country’s natural resources, a local rights group said yesterday. The call to release information about Cambodia’s land sector, including a declaration of revenues, came as Licadho released an analysis of ...
Daniel Pye and Pech Sotheary
http://www.phnompenhpost.com/ngo-data-shows-wholesale-sell
Kingdom receives aid for demining
The Chinese government on January 19 provided around $1 million worth of equipments for mine action in Cambodia. The aid came as Cambodia launched the National Mine Action Strategy 2018-2025. ...
Voun Dara
https://www.phnompenhpost.com/national/kingdom-receives-aid-demining
Livelihood recovery project to help 10,000
The Ministry of Agriculture, Forestry and Fisheries and the UN Food and Agriculture Organisation (FAO) on February 16 signed an agreement to begin a project that will directly support 10,000 of the most vulnerable people affected by the economic fall-out from Covid-19 in Siem Reap ...
Mom Kunthear
https://www.phnompenhpost.com/national/livelihood-recovery-project-help-10000
Cambodia’s digital economic and society policy for 2021-2035 launched
The Kingdom has officially announced the implementation of its “Digital Economy and Social Policy Framework of Cambodia 2021-2035” policy. It identifies the digital sector as a new model of economic growth responsive and resilient to changes in economic structure, development and international trade. ...
Chea Vanyuth
https://www.khmertimeskh.com/50877443/cambodias-digital-economic-and-society-policy-for-2021-2035-launched/
Cambodia to benefit from FAO-led projects on unsustainable fishing and climate change
Cambodia is among the beneficiaries of the Global Environment Facility (GEF) funded $46.6 million projects led by the Food and Agriculture Organisation of the United Nations (FAO). ...
Khmer Times Staff
https://www.khmertimeskh.com/50880687/cambodia-to-benefit-from-fao-led-projects-on-unsustainable-fishing-and-climate-change/
Stiffer fines for violators of consumer protection law
More than 1,000 officers from the Directorate-General of Consumer Protection, Competition and Fraud Repression (CCF) with increased powers are set to enforce new measures and impose stiffer penalties for businesses that break the law from July 1. ...
Long Kimmarita |
https://www.phnompenhpost.com/national/stiffer-fines-violators-consumer-protection-law
Cambodia puts emphasis on stability for South China Sea talks
Minister of Foreign Affairs and International Cooperation Prak Sokhonn said Cambodia welcomes the resumption of the South China Sea Code of Conduct (COC) negotiations as it reflects the commitment of ASEAN and China to maintain regional stability by managing differences as per international law. ...
New digital push for MSMEs
The Ministry of Posts and Telecommunications, Australian Agency for International Development (AusAID), and the UN Development Programme (UNDP) on August 18 launched an open joint effort to build an inclusive digital ecosystem aimed at sparking the development of a robust post-Covid-19 economy. ...
Thou Vireak
https://www.phnompenhpost.com/business/new-digital-push-msmes
Giant muntjac caught on camera in Virachey park
The Ministry of Environment released pictures of a large-antlered muntjac or Giant muntjac taken by a camera trap placed by Fauna & Flora International (FFI) Cambodia in March. ...
Post Staff
https://www.phnompenhpost.com/national/giant-muntjac-caught-camera-virachey-park
CMAA, Australian embassy to co-host dialogue on mine action this week
Cambodian Mine Action and Victim Assistance Authority (CMAA) and the Australian Embassy will co-host the High-Level Dialogue on Mine Action on May 20 in Siem Reap province in a hybrid format. ...
Khmer Times Staff
https://www.khmertimeskh.com/501077421/cmaa-australian-embassy-to-co-host-dialogue-on-mine-action-this-week/
SERC signs MoU on FinTech rules
The Securities and Exchange Regulator of Cambodia (SERC) entered into a memorandum of understanding (MoU) with Cambo Trust Plc to “enhance the implementation of the FinTech Regulatory Sandbox in the securities sector”. ...
May Kunmakara
https://www.phnompenhpost.com/business/serc-signs-mou-fintech-rules
Cambodia GFT exports at $6.27 billion in 7 months
Cambodia’s biggest export-earning segment of garments, footwear and travel (GFT) goods extended its lean patch into the seventh month of the year, as the exports recorded a decline of 20.44 percent in the January to July period of 2023. ...
Manoj Mathew
https://www.khmertimeskh.com/501342930/cambodia-gft-exports-at-6-27-billion-in-7-months/
Joint press release German government-funded study confirms grave problems in Cambodia’s microfinance sector
On 14 September 2022, the Cambodia League For the Promotion and Defense of Human Rights (LICADHO) released a joint press on a study commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ) provides further evidence of widespread over-indebtedness in Cambodia, resulting in an ...
Cambodia League For the Promotion and Defense of Human Rights (LICADHO)
Exports inch up in spite of international trade falling from Jan-Aug
Trade between Cambodia and international partners in the first eight months of 2023 amounted to nearly $32 billion, down 14.5 per cent compared to $37.4 billion in the same period in 2022, although the General Department of Customs and Excise of Cambodia (GDCE) contended that ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-inch-spite-international-trade-falling-jan-aug
FAO hands over equipment to strengthen Cambodia’s capacity for transparency on nationally determined contributions reporting
The Food and Agriculture Organization of the United Nations has handed over a set of server database stations and information technology equipment including software, to the General Directorate of Natural Protected Areas (GDNPA) of the Royal Government of Cambodia’s Ministry of Environment. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353578/fao-hands-over-equipment-to-strengthen-cambodias-capacity-for-transparency-on-nationally-determined-contributions-reporting/
Cambodia’s Prime Minister Dr Hun Manet says minimum wage of workers in GFT sector will continue to increase
Cambodia recently confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods sector. ...
Khmer Times Staff
https://www.khmertimeskh.com/501353535/cambodias-prime-minister-dr-hun-manet-says-minimum-wage-of-workers-in-gft-sector-will-continue-to-increase/
Tax revenue dips 2% between Jan, July
The government collected 15.4 trillion riel or $3.7 billion in tax revenue in the first seven months of the year, which is equivalent to 58.7 per cent of the 2023 annual budget law, according to the Ministry of Economy and Finance. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-revenue-dips-2-between-jan-july
Pepper exports decline 30% Jan-Aug
Cambodia has experienced a 30 per cent decline in pepper exports in the first eight months of 2023, exporting over 5,000 tonnes, compared to the same period in 2022, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Van Socheata
https://www.phnompenhpost.com/national/pepper-exports-decline-30-jan-aug
Cambodia exports down 0.8 pct in first 9 months
Cambodia exported $16.94 billion worth of goods in the first nine months of 2023, a slight drop of 0.8 percent from $17.07 billion in the same period last year, said a General Department of Customs and Excise’s report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501374605/cambodia-exports-down-0-8-pct-in-first-9-months/