National government

Ministries and other national bodies

Cambodia prepares ‘travel bubble’ plan to aid tourism

The Ministry of Tourism is moving to restore the devastated tourism sector by preparing a so-called travel bubble plan to gradually receive international tourists, even if the Kingdom is seeing a rise in new cases of COVID-19. ...

Sorn Sarath
https://www.khmertimeskh.com/50751509/cambodia-prepares-travel-bubble-plan-to-aid-tourism/

More rain expected across Cambodia from today

More rain, from low to heavy, is expected to come across Cambodia, from today to August 11, according to the new forecast released Tuesday by the Ministry of Water Resources and Meteorology (MOWRAM).​ ...

Khmer Times Staff
https://www.khmertimeskh.com/50751858/more-rain-expected-across-cambodia-from-today/

Tour operators to launch luxury discount packages

Ministry of Tourism and local tour operators are organising heavily discounted luxury tour package to once-popular tourist destinations such as Siem Reap, as well as promoting local tour guides. ...

Sok Chan
https://www.khmertimeskh.com/50751508/tour-operators-to-launch-luxury-discount-packages/

Inter-Ministries Boost Local Animal Feed Industry

Inter-ministries have started to boost the local animal feed industry to supply domestic demand, and thus to make the country self-reliant on animal feed.​ ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50751600/inter-ministries-boost-local-animal-feed-industry/

Business owners embrace new online registration system

The number of companies registered via the government’s new online business registration system was confirmed as 287 as of July 29, while 323 companies are pending approval, according to data from the Ministry of Economy and Finance (MEF). ...

Sok Chan
https://www.khmertimeskh.com/50751123/business-owners-embrace-new-online-registration-system/

Gov’t extends tax holiday for tourism sector

The Cambodian government has announced two months more of tax exemptions for tourism-based businesses in the hope of easing the burden during the pandemic. The extension was announced during the fifth round of COVID-19 economic measures last week as the Ministry of Tourism begins developing ...

Sorn Sarath
https://www.khmertimeskh.com/50750936/govt-extends-tax-holiday-for-tourism-sector/

Free trade agreement talks with Korea set to kick off on Thursday

Cambodia and South Korea will begin first-round negotiations on a bilateral free trade agreement (FTA) on Thursday, another step toward diversifying the Kingdom’s exports following the recent completion of FTA talks with China. ...

Thou Vireak
https://www.phnompenhpost.com/business/free-trade-agreement-talks-korea-set-kick-thursday

Draft digital policy speeding up

The government is speeding up its draft digital policy to adapt the economy to e-government. Minister of Post and Telecommunications Chea Vandeth was joined by the Ministry of Economy and Finance (MEF) Secretary of State Vongsey Vissoth to discuss the government’s digital policy concept note. ...

Sorn Sarath
https://www.khmertimeskh.com/50749967/draft-digital-policy-speeding-up/

Exports rise in value, lower imports

Cambodian total export values amounted to $5.9 billion, a year-on-year increase of 11.7 percent in the first five months of this year. The value of Cambodia’s total imports amounted to $8.1 billion,  a decrease by 1 percent in the same period, compared with 2019, according ...

Sok Chan
https://www.khmertimeskh.com/50749966/exports-rise-in-value-lower-imports/

NBC head underscores value of women’s access to finance

Unlocking greater access to formal finance for Cambodian women will play a strategic role in the process of the Kingdom’s economic development, National Bank of Cambodia (NBC) director-general Chea Serey said on Monday. She said this at the Training on the Trainers (ToT) Programme on Financial ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-head-underscores-value-womens-access-finance

Red corn prices tumble as growers switch to cassava

The wholesale price of fresh red corn in northwestern Battambang province dipped more than seven per cent from the year-ago period as this year’s first harvest reached 30 per cent completion, provincial Department of Commerce director Kim Hout said. ...

Hin Pisei
https://www.phnompenhpost.com/business/red-corn-prices-tumble-growers-switch-cassava

Work on new power line to start next year

The construction of a power transmission line connecting the Kingdom’s south to the border with Laos is expected to be started at least by next year, according to an official from the Ministry of Mines and Energy (MME). ...

Sorn Sarath
https://www.khmertimeskh.com/50749700/work-on-new-power-line-to-start-next-year/

Cambodia Angkor Air ready to take-off

Cambodia Angkor Air, the national flag carrier, says its business operations are optimistic and well prepared in terms of strengthening domestic flights and expanding international flights, according to its chairman. ...

Sok Chan
https://www.khmertimeskh.com/50749135/cambodia-angkor-air-ready-to-take-off/

SEARCA launches agricultural innovation plan

A regional centre of an inter-government treaty organisation focusing on agricultural research and education kicked off the implementation of its 11th five-year plan to push agricultural innovation in Southeast Asia, including Cambodia. ...

Nika/AKP
https://www.khmertimeskh.com/50749262/searca-launches-agricultural-innovation-plan/

Yellow bananas blossoming with Chinese investment

China has given the green light for five new companies to invest in Cambodia’s yellow banana plantations. Industry insiders said they are optimistic that yellow banana exports to that country will double in 2020. The approval of the five companies brings the total number of ...

Thou Vireak
https://www.phnompenhpost.com/business/yellow-bananas-blossoming-chinese-investment

E-Commerce Strategy finally incorporated

The Ministry of Commerce and relevant ministries have officially and collectively signed off the E-Commerce Strategy to bring the sector to a new level. According to Mr Sorasak, the strategy fits well with the on-going context of the Industrial Revolution 4.0 and will further boost ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50748715/e-commerce-strategy-finally-incorporated/

Cambodia-U.S. trade Up 18 percent in first five months

Bilateral trade between Cambodia and the U.S. was recorded at $2,488.3 billion in the first five months of this year, a year-on-year increase of 18 percent. Statistics from the U.S. Census Bureau, from January to May, the Kingdom exported $2,363 million worth of products to ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50748234/cambodia-u-s-trade-up-18-percent-in-first-five-months/

France provides $1.7million for Cambodia’s tourism sector

The French government, through the French Agency for Development (AFD), has provided a grant of 1.5 million euro ($ 1.7 million) to help restore  Cambodia’s post-Covid-19 tourism sector, according to the Ministry of Tourism. ...

Khmer Times Staff
https://www.khmertimeskh.com/50748433/france-provides-1-7million-for-cambodias-tourism-sector/

Local mobile applications expanding in all directions

The importance of apps in Cambodia is becoming more and more prevalent. The Ministry of Education, Youth and Sport (MoEYS) and the Ministry of Posts and Telecommunications (MPTC) announced last week the news of them building a new distance education app in partnership with mobile ...

Jason Boken
https://www.khmertimeskh.com/50748317/local-mobile-applications-expanding-in-all-directions/

Growing the farming industry

The government has taken the opportunity of the COVID-19 crisis to develop agriculture, while the garment and tourism industries, which are the Kingdom’s economic pillars have been hit hard by the pandemic. ...

Sorn Sarath
https://www.khmertimeskh.com/50748314/growing-the-farming-industry/

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