Disasters and emergency response

Pandemic hampers Cambodia’s poverty reduction progress: World Bank

A report released by the World Bank shows that the poverty rate in Cambodia has dropped by almost half between 2009 and 2019, but with the Covid-19 pandemic, the poverty rate has been rising. ...

Khmer Times Staff
https://www.khmertimeskh.com/501192638/pandemic-hampers-cambodias-poverty-reduction-progress-world-bank/

COVID-19 pandemic pushes 460,000 people in Cambodia to fall below poverty line

The World Bank in a report has estimated that some 460,000 people in Cambodia have fallen below poverty income thresholds since the onset of COVID-19 in 2020. ...

Khmer Times Staff
https://www.khmertimeskh.com/501193081/covid-19-pandemic-pushes-460000-people-in-cambodia-to-fall-below-poverty-line/

Eco-tourism key to post-Covid recovery

Minister of Tourism Thong Khon on November 21 outlined seven key recommendations for more efficient and effective post-Covid-19 development of the eco- and community-based tourism segments, with emphasis on turning challenges into opportunities. ...

Hin Pisei
https://www.phnompenhpost.com/business/eco-tourism-key-post-covid-recovery

SME Bank loans top $410M, help over 3K businesses

The state-owned Small and Medium Enterprise Bank of Cambodia Plc (SME Bank) has disbursed some $418 million in loans to at least 3,185 small- and medium-sized enterprises (SME) since its foundation, as of October 31, to keep them from going under during the height of ...

May Kunmakara
https://www.phnompenhpost.com/business/sme-bank-loans-top-410m-help-over-3k-businesses

Draft 2023 financial law responds to post-pandemic economy

The draft Law on Financial Management 2023 is under review with the Council of Ministers and has been drawn up in response to the Cambodian economy recovering from the Covid-19 pandemic. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-draft-2023-financial-law-post-pandemic-economy

NCDM seeks more funds to buy equipment

The National Committee for Disaster Management (NCDM) needs about $500,000 more to purchase much-needed first aid kits after receiving more than $230,000 in donations. ...

Torn Vibol
https://www.khmertimeskh.com/501178166/ncdm-seeks-more-funds-to-buy-equipment/

Cambodia stays on growth path, set to expand 6.6%

The Kingdom of Cambodia continues on its high growth path in the post-Covid pandemic scenario and is set to report robust growth this year as well as the next few years, according to the International Monetary Fund (IMF). ...

Prakash Jha
https://www.khmertimeskh.com/501177183/cambodia-stays-on-growth-path-set-to-expand-6-6/

Pandemic pushes public mistrust in the media

The pandemic has thrown additional hurdles to the media landscape as there is a quiet resignation of consuming news in the region, the head of a research centre said on Thursday, claiming people find news troublesome, problematic, and biased. ...

Prak Chan Thul
https://kiripost.com/stories/pandemic-pushes-public-mistrust-in-the-media

PM suggests establishment of emergency seed supplies

Prime Minister Hun Sen has told Minister of Agriculture, Forestry and Fisheries Dith Tina to devise plans for guaranteeing a steady supply of high-quality seeds of the many varieties that the government currently stockpiles. ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-suggests-establishment-emergency-seed-supplies

Kingdom ranks fourth in latest Nikkei Covid-19 Recovery Index

Cambodia has ranked fourth out of 121 countries in the Nikkei Covid-19 Recovery Index and top of the pile for the ASEAN region, scoring 76.5, according to this month’s latest update. ...

Mom Kunthear
https://www.phnompenhpost.com/national/kingdom-ranks-fourth-latest-nikkei-covid-19-recovery-index

PM gives 500 tonnes of rice to flood-hit families

Prime Minister Hun Sen on October 23 delivered more than 500 tonnes of rice seeds to more than 5,000 households affected by floods in Banteay Meanchey province, and asked agriculture specialists to provide technical instruction to farmers, to ensure that their harvests are as successful ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-gives-500-tonnes-rice-flood-hit-families

Key lenders agree to ease loan terms for flood victims

Members of Cambodia’s apex bodies of the banking and microfinance industries have agreed to ease restrictions on loan repayments, reduce interest rates, as well as restructure loans for customers deemed to be significantly affected by the heavy rains and floods that have swept the Kingdom ...

May Kunmakara
https://www.phnompenhpost.com/business/key-lenders-agree-ease-loan-terms-flood-victims

MFIs agree to loan repayment relief for borrowers hit by flooding

Financial institutions said on Wednesday that they will provide favorable easing to customers who have been affected by severe floods, following an appeal by Prime Minister Hun Sen. ...

Chhorn Raksmey
https://kiripost.com/stories/mfis-agree-to-loan-repayment-relief-for-borrowers-hit-by-flooding

MFIs urged to help ease flood victims' financial burden

Prime minister Hun Sen on Monday called on all microfinance institutions (MFIs) to throw a financial lifeline to people affected by flooding and defer loan repayments and ease interest rates. ...

Chhorn Raksmey
https://kiripost.com/stories/mfis-urged-to-help-ease-flood-victims-financial-burden

NBC asks financial institutions to be flexible with flood affected borrowers

The National Bank of Cambodia has asked financial institutions to implement flexible measures for borrowers who have been affected by flood, in a bid to ease the burden on financial flow and contribute to restoring families’ economic standards. ...

Chea Vanyuth
https://www.khmertimeskh.com/501170557/nbc-asks-financial-institutions-to-be-flexible-with-flood-affected-borrowers/

Financial relief set for thousands of flood-hit families

Prime Minister Hun Sen has announced that the government will provide financial support to nearly 20,000 households affected by recent flooding. ...

Long Kimmarita
https://www.phnompenhpost.com/national/financial-relief-set-thousands-flood-hit-families

Health guidelines issued for nat’l Grade 12 examinations

The Ministry of Education, Youth and Sport instructed public and private schools to implement strict health measures at all locations which have been designated as testing centres for national Grade 12 examinations. In addition, it ordered that temperature screening be employed, to ensure all possible ...

Mom Kunthear
https://www.phnompenhpost.com/national/health-guidelines-issued-natl-grade-12-examinations

Cambodian PM calls on ASEAN to strengthen cooperation for socio-economic recovery from pandemic

Cambodian Prime Minister Hun Sen said here on Thursday that the Association of Southeast Asian Nations (ASEAN) needs to strengthen cooperation for the sustainable and resilient recovery of the region’s socio-economic development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501168533/cambodian-pm-calls-on-asean-to-strengthen-cooperation-for-socio-economic-recovery-from-pandemic/

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