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P2P lending marketplace launches

Peer-to-peer (P2P) lending marketplace Rai Capital (Cambodia) Co Ltd on November 26 announced its official launch in the Kingdom. It said it is designed for micro-entrepreneurs and individuals to promote financial inclusion in the Kingdom and enable flexible local financing solutions for local businesses and ...

Thou Vireak
https://www.phnompenhpost.com/business/p2p-lending-marketplace-launches

Cambodia’s land concessions yield few benefits, sow social and environmental devastation

Cambodia’s government has strenuously promoted long-term leasing of unused land as Economic Land Concessions (ELCs) to attract investors and encourage development in the impoverished nation, but observers say the policy has resulted in few benefits at the cost of huge social and environmental impacts. ...

RFA staff
https://www.rfa.org/english/news/cambodia/concessions-08262020174829.html

Dolphins face fishing threat

Fishing offences in the Anlong Kampi Irrawaddy dolphin conservation area are still happening despite a ban, the Kampi fishing community said. Most fish poachers use electric shock devices with power connected to their nets to catch fish in deep water, a practice that affects rare ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/dolphins-face-fishing-threat

Free trade deal with China finally finalised

Cambodia has listed around 340 more commodities to export to China under the Cambodia-China bilateral free-trade agreement (FTA), bringing the total to more than 10,000. Most of the products are in agriculture and agro-processing and are in addition to what Cambodia has received from the ...

Sok Chan
https://www.khmertimeskh.com/50749528/free-trade-deal-with-china-finally-finalised/

Agro sector adopting digital tech

At least 92 per cent of the Kingdom’s agricultural input suppliers use digital payments in their businesses while 45 per cent use e-commerce, a new study found. The research, entitled “Digital Challenges and Opportunities of Agricultural Input Suppliers in Cambodia”, was compiled by the Centre ...

Thou Vireak
https://www.phnompenhpost.com/business/agro-sector-adopting-digital-tech

Preah Vihear villagers seek solution to ‘encroachment’

Around 230 families from three villages in Romtom commune of Preah Vihear province’s Rovieng district said they are worried about the continued encroachment on their farmland by three companies which have licences for gold mining and agricultural in the area. ...

Long Kimmarita
https://www.phnompenhpost.com/national/preah-vihear-villagers-seek-solution-encroachment

PM allots more aid to border

Prime Minister Hun Sen has allotted an additional 1.5 billion riel ($368,000) to four provinces bordering Thailand for support of returning migrants in quarantine. Meanwhile, more than 7,000 people have been vaccinated against Covid-19 in the first five days of the campaign by the ministries of ...

Mom Kunthear
https://www.phnompenhpost.com/national/pm-allots-more-aid-border

Workers to get gov’t subsidy

The government has opened its first phase of providing a subsidy to 275,747 workers from 513 factories involved in the manufacturing of garments, footwear and bags in Phnom Penh, Kandal  province and Sihanoukville. ...

Sen David
https://www.khmertimeskh.com/50879368/workers-to-get-govt-subsidy/

Koh Kong probes encroachment onto state land

The Botum Sakor district authorities in Koh Kong province are continuing to investigate cases involving hundreds of people illegally encroaching on more than 15ha of state land. District governor Hak Leng said on July 6 that the land in question has been allocated from the protected ...

Voun Dara
https://www.phnompenhpost.com/national/koh-kong-probes-encroachment-state-land

FDI flow drops 50 percent Jan-May

Foreign direct investment (FDI) fell 50 percent Jan-May from the same period in 2020, according to the Ministry of Economy and Finance. Investment projects for the first five months of 2021 were valued at $825 million, a 59 percent drop from results for the same ...

Chea Vanyuth
https://www.khmertimeskh.com/889495/fdi-flow-drops-50-percent-jan-may/

Hun Sen mulls Myanmar trip to find crisis solution

Prime Minister Hun Sen said there was a strong possibility that he would travel to Myanmar to meet with Min Aung Hlaing, chairman of the ruling State Administration Council (SAC), in Naypyidaw to find a solution to the country’s ongoing crisis so that it could ...

Post Staff |
https://www.phnompenhpost.com/national-politics/hun-sen-mulls-myanmar-trip-find-crisis-solution

NEC urges Cambodians abroad to return to vote

The National Election Committee (NEC) has urged migrant workers in Thailand who had their names on the voter list to return to the country to vote for the upcoming Commune Election after the NEC last week ruled out the request from some political parties to ...

Ben Sokhean
https://www.khmertimeskh.com/501032626/nec-urges-cambodians-abroad-to-return-to-vote/

Minister proposes agri projects for ADB backing

Agriculture minister Veng Sakhon and Asian Development Bank (ADB) executive director Anthony McDonald on May 27 discussed the needs of some development projects in the agricultural sector in which the Metro Manila-based multilateral lender could potentially provide financial support, according to a post on Sakhon’s ...

Post Staff
https://www.phnompenhpost.com/national/minister-proposes-agri-projects-adb-backing

China-imports 90% of bilateral trade

The Cambodian-Chinese merchandise trade totalled $10.579 billion in the first 11 months of 2022, up 6.31 per cent year-on-year, with imports from China accounting for an 89.51 per cent share, up 3.29 percentage points from the same time in 2021, according to the General Department ...

Hin Pisei
https://www.phnompenhpost.com/business/china-imports-90-bilateral-trade

Orkide director gets 67 hectares on Boeng Tamok

A business associate of the prime minister’s daughter has received 67 hectares from the state on the rapidly filling Boeng Tamok lake in Phnom Penh. Boeng Tamok, one of the city’s last lakes, has been doled out to tycoons and officials’ family members in recent years, ...

Mech Dara
https://vodenglish.news/orkide-director-gets-67-hectares-on-boeng-tamok/

Japan assures more tech support for Kingdom

Japan has promised to further increase its support to the Kingdom in its successful digitalisation and technological advancement journey. This came as Prime Minister Hun Manet held talks with Japanese Premier Kishida Fumio as part of the ‘Asean-related summit meetings’ held in Jakarta last week. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501358751/japan-assures-more-tech-support-for-kingdom/

Siem Reap airport to ‘boost’ tourism

The private sector in Siem Reap’s tourism industry is optimistic that the new Siem Reap-Angkor International Airport (SAI), set to officially open in early December, will boost international tourist numbers. The rise is anticipated despite the currently low numbers of international arrivals, a lingering effect ...

Hin Pisei
https://www.phnompenhpost.com/business/siem-reap-airport-boost-tourism

Rubbish services rated better by city residents

At the beginning of 2021, three waste collection companies – Mizuda Sanitation Cambodia Co Ltd, Cintri Cambodia, and 800 Super-GAEA (Cambodia) Co Ltd – signed contracts with the Phnom Penh Municipal Administration and began operating in their respective areas. As of November, the three firms ...

Long Kimmarita
https://www.phnompenhpost.com/national/rubbish-services-rated-better-city-residents

RUPP Vietnamese Language Department to offer 3 courses

Minister of Education, Youth and Sports Hang Chuon Naron issued a proclamation on November 22, 2021, to establish the Institute of International Studies and Public Policy of RUPP where students can study in the Vietnamese Language Department and obtain a bachelor’s in Vietnamese studies, Vietnamese ...

Hang Punreay
https://www.khmertimeskh.com/501133204/rupp-vietnamese-language-department-to-offer-3-courses/

Hundreds from bodyguard unit take over Phnom Tamao reforestation efforts

The military personnel — primarily in charge of protecting the Cambodian prime minister — were seen to be managing the outflow of trees being transported by workers but also blocking access to the cleared forest. They detained five VOD journalists and four activists in the ...

Keat Soriththeavy, Danielle Keeton-Olsen and Pa Sokheng
https://vodenglish.news/hundreds-from-bodyguard-unit-take-over-phnom-tamao-reforestation-efforts/

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