Government

National government

E-Commerce Strategy launched

Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...

Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched

Food safety forum chews over challenges

Among all of the industries affected by the pandemic, perhaps the food industry is one of the least surprising. Heavily interconnected with the tourism industry – particularly in hotspots such as Siem Reap and the capital – falling footfall and partial lockdowns have been biting. ...

Tom Starkey
https://www.khmertimeskh.com/50785811/food-safety-forum-chews-over-challenges/

27 startups and SMEs chosen for special government grants

Khmer Enterprise (KE) yesterday signed grant agreements with 27 startups and small and medium enterprises (SMEs) for the first and second Khmer Enterprise Assistance Package programme, responding to the challenges and impacts of the COVID-19 pandemic on Cambodian entrepreneurs. ...

Sok Chan
https://www.khmertimeskh.com/50785809/27-startups-and-smes-chosen-for-special-government-grants/

Prakas on tax debt management issued

The Ministry of Economy and Finance on November 20 issued Prakas No 962 SHV BrK on Tax Debt Management. The new prakas sets forth rules and procedures relating to tax debt management and aims to ensure a more efficient, effective and transparent collection process. ...

Thou Vireak
https://www.phnompenhpost.com/business/prakas-tax-debt-management-issued

Trade fair scrapped over Covid-19 fears

The Ministry of Commerce on November 19 cancelled the 15th edition of the Cambodia Import-Export Goods Exhibition due to Covid-19 concerns. Originally scheduled to be held from December 15-18 at the Koh Pich Convention and Exhibition Centre on Phnom Penh’s Koh Pich island, the Kingdom’s ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-fair-scrapped-over-covid-19-fears

NGO Forum: Government has stopped sharing environmental impact reports

The Environmental Ministry has this year stopped sharing environmental and social impact assessments for new development projects with NGO Forum, the civil society network said. ...

Tran Techseng
https://vodenglish.news/ngo-forum-government-has-stopped-sharing-environmental-impact-reports/

Gov’t produce plan a relative success

A $20 million government agricultural initiative achieved remarkable results in its three years of operation but still fell far short of its target, the General Directorate of Agriculture reported. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-produce-plan-relative-success

Banks and FI loan restructuring extended until mid-2021

The National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. ...

Sok Chan
https://www.khmertimeskh.com/50785076/banks-and-fi-loan-restructuring-extended-until-mid-2021/

Ministry to recruit more primary and high school teachers

The Ministry of Education has announced it will recruit thousands more primary and high school teachers next year to promote the quality of public education in the Kingdom. ...

Sar Socheath
https://www.khmertimeskh.com/50784585/ministry-to-recruit-more-primary-and-high-school-teachers/

Blockchain cited as boost to public trust in financial institutions

At this week’s 2020 Global Blockchain Policy Forum,  Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea Serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ...

Jason Boken
https://www.khmertimeskh.com/783940/blockchain-cited-as-boost-to-public-trust-in-financial-institutions/

Paddy seedlings given to flood-hit farmers

More than 6,000 tonnes of paddy seedlings have been distributed to flood-hit farmers across the country, according to Agriculture Minister Veng Sakhon, who said it was to help them to begin replanting rice in areas damaged by floods. ...

Sok Chan
https://www.khmertimeskh.com/50783905/paddy-seedlings-given-to-flood-hit-farmers/

Chinese firms invest in mango pest control

At least three Chinese companies are investing in industrial steaming equipment to use in the phytosanitary treatment of agricultural products for export, Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-firms-invest-mango-pest-control

KrisEnergy seeks additional delay to Cambodia Block A scheduled oil extraction

A senior official of the General Department of Petroleum at the Ministry of Mines and Energy said the ministry is reviewing a request letter from Singapore-listed company KrisEnergy asking for a delay to the start of oil extraction in Cambodia Block A. ...

Sok Chan
https://www.khmertimeskh.com/50783454/krisenergy-seeks-additional-delay-to-cambodia-block-a-scheduled-oil-extraction/

Agreement to boost green-belt tourism signed

The Ministry of Tourism and Japanese company Yamato Green Co Ltd signed a memorandum​ of understanding (MoU) last week intended to develop a green-belt value chain serving the domestic tourism sector. ...

Sok Chan
https://www.khmertimeskh.com/50783047/agreement-to-boost-green-belt-tourism-signed/

Long-awaited RCEP signing ‘bodes well for economic upturn’

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/

Directive on work conditions issued

The Ministry of Commerce together with the Ministry of Labour and Vocational Training has issued a joint directive on the implementation of the Better Factory Cambodia (BFC) project in export-oriented factories in the textile, garment and travel goods and bags sector. ...

Sok Chan
https://www.khmertimeskh.com/50782279/directive-on-work-conditions-issued/

Vietnam border markets on the cards for 2021

Prime Minister Hun Sen has ordered the Ministry of Commerce to work with Svay Rieng and Kampot officials to build two additional border markets in a bid to shore up border trade and enhance cooperation with Cambodia’s neighbour Vietnam. ...

Hin Pisei
https://www.phnompenhpost.com/business/vietnam-border-markets-cards-2021

Exports climb 20% on $14B worth of Cambodian goods

Cambodia exported $14.1 billion worth of goods in the first nine months of this year, up 20.07 per cent from the same period last year, despite Covid-19’s production-chain disruptions and its impact on global demand, the Ministry of Economy and Finance reported. ...

Thou Vireak
https://www.phnompenhpost.com/business/exports-climb-20-14b-worth-cambodian-goods

Gov’t reform plan enters 2nd phase

The government has unveiled its second-phase 10-year action plan to continue its implementation of the National Programme for Sub-National Democratic Development (NP-SNDD) for 2021-2030. The first phase will conclude at the end of this year. ...

Voun Dara
https://www.phnompenhpost.com/national/govt-reform-plan-enters-2nd-phase

1,166 People tested for COVID-19 in relation to Hungarian Foreign Minister

The Ministry of Health on Tuesday (Nov.10) said that 1,166 people have been tested for COVID-19 after coming into close contact with Hungarian Foreign Minister Péter Szijjártó during his Nov. 3 visit to Cambodia. ...

Phoung Vantha
https://cambodianess.com/article/1166-people-tested-for-covid-19-in-relation-to-hungarian-foreign-minister

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