Kingdom’s financial sector healthy

Cambodia’s financial sector remains on a sustainable growth path despite the Covid-19 pandemic squeezing crucial industries, National Bank of Cambodia (NBC) governor Chea Chanto said. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdoms-financial-sector-healthy

WWF: Ban wildlife trade to avert future pandemics

World Wide Fund for Nature is calling for urgent global action to address factors which it projected would be key drivers in triggering possible zoonotic disease outbreaks in the future. The action comes amid the current COVID-19 pandemic, which has battered countries worldwide. ...

Pech Sotheary
https://www.khmertimeskh.com/50737775/wwf-ban-wildlife-trade-to-avert-future-pandemics

Up to 15 percent of logistics providers ‘heading for bankruptcy’

The Cambodia Freight Forwarders Association (CFFA) yesterday said the on-going COVID-19 pandemic is seriously damaging logistic providers, with about 10 to 15 percent heading for bankruptcy in the upcoming months. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50737975/up-to-15-percent-of-logistics-providers-heading-for-bankruptcy/

Bar owners remain in the dark while some call quits

Hospitality groups continue to call on the government to provide an exit strategy from the lockdown of the Kingdom’s bars, clubs and KTV’s – so struggling owners can implement business plans, but some are deciding to quit. ...

Harrison White
https://www.khmertimeskh.com/50737482/bar-owners-remain-in-the-dark-while-some-call-quits/

New C-19 positive case brings total to 130

According to a press release from the Ministry of Health issued yesterday morning, Cambodia has detected a COVID-19 (C-19) case, bringing the total number to 130. ...

Khann Chanvirak
https://www.khmertimeskh.com/50737360/new-c-19-positive-case-brings-total-to-130/

Cambodia to delay school opening till year’s end

Cambodia’s Ministry of Education, Youth and Sport will delay school openings and high school graduation examinations until the end of the year to prevent a second wave of COVID-19. ...

Khmer Times Staff
https://www.khmertimeskh.com/50737447/cambodia-to-delay-school-opening-till-years-end/

WFP to start phase two of food aid

In order to mitigate the impacts of the pandemic on Cambodia, the World Food Programme (WFP) in cooperation with the Ministry of Education will conduct the second phase of food aid for five provinces in the Kingdom to respond to the current crises. ...

Som Kanika
https://www.khmertimeskh.com/50737380/wfp-to-start-phase-two-of-food-aid/

Cambodia lifts cross-border travel restrictions with Vietnam

The government yesterday informed Vietnam regarding its decision to lift the ban on cross-border movement via borders shared with the country but said prevention guidelines remain in place to mitigate risks of coronavirus transmission. ...

Ben Sokhean
https://www.khmertimeskh.com/50736881/cambodia-lifts-cross-border-travel-restrictions-with-vietnam/

Infrastructure development projects to go on despite COVID-19

The government and private sector’s infrastructure development projects will still continue amid the COVID-19 pandemic which would affect negatively Cambodia’s economic growth rate this year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50736992/infrastructure-development-projects-to-go-on-despite-covid-19/

PM Hun Sen says ‘budget balanced’

PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/

Construction suffers from low growth

In the light of COVID-19, however, the sector is estimated to have suffered negative rate growth of 5.3 percent in 2020 and is expected to hit a growth rate of 3.3 per cent next year, according to an updated report by the Ministry of Economy ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50736882/construction-suffers-from-low-growth/

GMAC: Minimum wage should be suspended during COVID-19

The guaranteed $190 per month minimum wage should be temporarily suspended, to ensure the sector remains competitive until the COVID-19 pandemic is resolved, says the secretary-general of the Garment Manufacturing Association in Cambodia (GMAC). ...

https://www.khmertimeskh.com/50736454/gmac-minimum-wage-should-be-suspended-during-covid-19/
http://Harrison White

Cambodia to launch cash relief programme

The Royal Government of Cambodia will launch a cash relief programme for the poor and vulnerable families during this COVID-19 crisis onWednesday, June 24. ...

Khmer Times Staff
https://www.khmertimeskh.com/50736498/cambodia-to-launch-cash-relief-programme/

Government launches vulnerable family subsidies

Prime Minister Hun Sen announced on Wednesday he will officially launch the government’s cash subsidy programme for poor and vulnerable families adversely affected by COVID-19. ...

Khann Chanvirak
https://www.khmertimeskh.com/50736456/government-launches-vulnerable-family-subsidies/

Entertainment sector workers denied $40 monthly aid

Labour Minister Ith Samheng has rejected a request by out-of-work employees in the entertainment sector to also be given the $40 aid, doled out to suspended garment and tourism workers.   ...

Sen David
https://www.khmertimeskh.com/50735871/entertainment-sector-workers-denied-40-aid-monthly-aid/

Sihanoukville: Returning Chinese mark a sign of a business rebound

The Kingdom’s coastal Sihanoukville, where Chinese nationals national dominated nearly a half of businesses  before the COVID-19 outbreak, is seeing economic activity gradually rebound after   Middle Kingdom’s investors and workers started to return to the province as pandemic fears ease.​ ...

Sorn Sarath
https://www.khmertimeskh.com/50734801/sihanoukville-returning-chinese-mark-a-sign-of-a-business-rebound/

Factory suspensions in Phnom Penh total 121

Phnom Penh Municipal Labour Department said as of today, 121 garment factories have suspended their operations in the capital since the pandemic began. ...

Sen David
https://www.khmertimeskh.com/50734544/factory-suspensions-in-phnom-penh-total-121/

Trimmer 2021 budget: Government plans 50 percent drop in spending

Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ...

Ben Sokhean
https://www.khmertimeskh.com/50734167/trimmer-2021-budget-government-plans-50-percent-drop-in-spending/

Cambodia FM to have talks with Russian counterpart

Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation will participate in the Special ASEAN-Russia Foreign Ministers’ Meeting on COVID-19 via video-conference to be held on the 17th of June at 2:00 in the afternoon. ...

https://www.khmertimeskh.com/50734117/cambodia-fm-to-have-talks-with-russian-counterpart/

Cambodia’s COVID-19 positives rise to 128, three active cases currently

The Ministry of Health in a news release this morning announced this and said that the two new cases are both Cambodian men, aged 22 and 29, from Kampong Cham province. ...

Khmer Times Staff
https://www.khmertimeskh.com/50733645/cambodias-covid-19-positives-rise-to-128-three-active-cases-currently/

EU providing over $500 million for C-19 response

The European Union, in a statement issued yesterday, said it is mobilising about $504 million in grants and loans to work with Cambodia in fighting the global COVID-19 (C-19) pandemic and mitigate its socio-economic effects. ...

Khuon Narim
https://www.khmertimeskh.com/50732907/eu-providing-over-500-million-for-c-19-response/

EU doles out $500M in economic, job aid

Team Europe – the combined efforts of the EU, its member states and their financial institutions and implementing agencies – is mobilising €443 million ($503 million) in grants and loans to work with Cambodia in fighting Covid-19 and mitigating its socio-economic impacts. ...

Ry Sochan
https://www.phnompenhpost.com/national/eu-doles-out-500m-economic-job-aid

Foreigners to be charged “$3000 deposit” for C-19 quarantine, tests

The government has decided to charge all foreign visitors for lab testing, medical treatment and accommodation under health measures to prevent a second wave of COVID-19 (C-19) transmission in the country. ...

Khuon Narim
https://www.khmertimeskh.com/50732611/foreigners-to-be-charged-for-c-19-quarantine-tests/

Data-driven analytics to provide vital decisions for flooded roads

As Cambodia’s annual monsoon season starts again this month (usually June to September) large downfalls that flood city streets will bring renewed frustration and delays for commuters travelling to work or for social outings. ...

Harrison White
https://www.khmertimeskh.com/50732272/data-driven-analytics-to-provide-vital-decisions-for-flooded-roads/

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