Government

Approval in principle for new airport

The government has approved in principle the construction of a new domestic airport in Mondulkiri province under a public-private partnership (PPP). The approval was signed by the Council of Ministers’ Permanent Secretary of State Hing Thoraxy on New Year’s Eve. ...

Sok Chan
https://www.khmertimeskh.com/50800187/approval-in-principle-for-new-airport/

Cambodian milled rice exports reached $538 million in 2020

Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, has announced the Kingdom’s rice paddy production and milled rice export totals for 2020. The minister revealed that of the nation’s approximate 3.4 million hectares of paddy fields, more than 3.26 million hectares were in harvest, yielding ...

Sok Chan
https://www.khmertimeskh.com/50800218/cambodian-milled-rice-exports-reached-538-million-in-2020/

Crab banks buoy marine fisheries yields

Provincial fisheries officials have said the development of crab banks in community fisheries has gradually boosted marine crab output. Crab banks are where pregnant crabs are stored until their attached eggs hatch. Members of fisheries communities who catch pregnant crabs are obliged to sell them ...

Thou Vireak
https://www.phnompenhpost.com/business/crab-banks-buoy-marine-fisheries-yields

Ministry to spend $500M on 5-year vocational master plan

Ministry of Labour and Vocational Training will spend nearly $500 million to accomplish a five-year master plan in improving Technical and Vocational Education and Training (2021-2025) by focusing on four strategies. ...

Niem Chheng
https://www.phnompenhpost.com/national/ministry-spend-500m-5-year-vocational-master-plan

$500K investment for SMEs to improve e-commerce

A $500,000 investment will go towards 125 small and medium sized businesses set to gain grants and training in online commerce according to a joint press release by the Ministry of Commerce of the Kingdom of Cambodia, the Enhanced Integrated Framework (EIF) and the UN ...

Khmer Times Staff
https://www.khmertimeskh.com/50798664/500k-investment-for-smes-to-improve-e-commerce/

Ministries to establish more medical facilities in Kingdom

The ministries of Health and Interior have plans in the works to establish nearly 30 new medical facilities in underserved provinces, including health centres, health posts and referral hospitals. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministries-establish-more-medical-facilities-kingdom

Despite COVID-19 pandemic, Cambodia’s tax revenue continues to rise, touching $5.3 billion

The Royal Government of Cambodia collected $5.3 billion as tax and customs revenues in 2020, although the Kingdom’s economy is being hit by the COVID-19 crisis. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50798745/despite-covid-19-pandemic-cambodias-tax-revenue-continues-to-rise-touching-5-3-billion/

$400m investment inked for another hydro project

SINOMACH China Heavy Machinery Co Ltd, the Ministry of Energy and Mines of Cambodia and the Cambodian National Electric Power Co formally signed an implementation agreement, lease agreement and power purchase agreement for the build-operate-transfer (BOT) investment project of the Shangddai Hydropower Station to utilise ...

Khmer Times Staff
https://www.khmertimeskh.com/50799201/400m-investment-inked-for-another-hydro-project/

Three more investment projects valued at more than $15 million approved by CDC

The Council for the Development of Cambodia (CDC) has issued investment certificates to three companies to invest in the production of all kinds of cardboard boxes, light bulbs and their accessories, all kinds of packaging materials, and metal processing. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50798738/three-more-investment-projects-valued-at-more-than-15-million-approved-by-cdc/

Minister: Transparency vital in identifying poor households

Minister of Interior Sar Kheng has instructed all municipal and provincial governors to improve the process of identifying poor households qualified for financial support from the government’s cash handout programme.​ The move came after Minister of Planning Chhay Than urged local authorities not to collude with ...

Niem Chheng
https://www.phnompenhpost.com/national/minister-transparency-vital-identifying-poor-households

PM: Nov 28 event concluded

Prime Minister Hun Sen officially declared that the “November 28 community incident” – a reference to the first confirmed case of Covid-19 local transmission – was now over as the situation had been brought under control. Hun Sen made the announcement as he addressed the ...

Mom Kunthear
https://www.phnompenhpost.com/national/pm-nov-28-event-concluded

TV goes digital by 2023, paving way for 5G

The government on December 28 held an inter-ministerial meeting to discuss setting up a digital television platform as part of the Kingdom’s shift away from analogue. Held at the Ministry of Economy and Finance, the meeting discussed the would-be platform operator’s models of management and ...

Hin Pisei
https://www.phnompenhpost.com/business/tv-goes-digital-2023-paving-way-5g

NBC conference discusses growth models for economic development

The seventh annual NBC Macroeconomic Conference 2020 commenced yesterday under the theme of  “Discussion of  Cambodia’s Economic Development Models”.  It is being held virtually and will conclude on the morning of Dec 29. ...

Sok Chan
https://www.khmertimeskh.com/50798180/nbc-conference-discusses-growth-models-for-economic-development/

Historic day for the nation as Apsara oil is now flowing

Mr Hun Sen considers Cambodia’s first drop of oil as a blessing to the Cambodian nation. The revenue raised from this oil production will be used for two priority areas: education and health. ...

Sok Chan
https://www.khmertimeskh.com/50798561/historic-day-for-the-nation-as-apsara-oil-is-now-flowing/

Forestry crimes on the rise

The Ministry of Environment on December 28 issued a report detailing crackdowns on illegal activities in protected natural areas and biodiversity conservation corridors. ...

Voun Dara
https://www.phnompenhpost.com/national/forestry-crimes-rise

Crackdown on IDPoor eligibility

The Minister of Interior Sar Kheng has urged capital-provincial governors to strengthen the identification process for IDPoor-eligible families, to make sure that only those who really need it, receive it. ...

Khann Chanvirak
http://khmertimeskh.com/50798105/crackdown-on-idpoor-eligibility/

Tourism recovery roadmap drafted

The Ministry of Tourism has drafted a strategy to serve as its roadmap to rehabilitate and promote the tourism industry during and after the Covid-19 crisis. A meeting between the National Tourism Development Committee and relevant stakeholders on December 24 agreed to divide the 2020-2025 ...

Hin Pisei
https://www.phnompenhpost.com/business/tourism-recovery-roadmap-drafted

Cambodia adopts ASEAN service for customs clearance

Cambodian importers and exporters can now apply for ASEAN Customs Declaration Documents (ACDD) electronically through the ASEAN Single Window (ASW), the General Department of Customs and Excise of Cambodia (GDCE) said on December 24. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-adopts-asean-service-customs-clearance

400MW fuel oil power plant in east Kandal all set to go online

A $380 million 400MW heavy fuel oil power facility in Kandal province’s eastern Lvea Em district has been completed, and on reserve to generate electricity when demand reaches a high enough level, according to a senior official at the Ministry of Mines and Energy. ...

Thou Vireak
https://www.phnompenhpost.com/business/400mw-fuel-oil-power-plant-east-kandal-all-set-go-online

Cambodia reviews trading policy and strategy

The Ministry of Commerce has begun the review of the policy and strategy for Free Trade Agreement (FTA) to optimise its benefits both for Cambodia and concerned parties. ...

So Sophavy/AKP
https://www.khmertimeskh.com/50798268/cambodia-reviews-trading-policy-and-strategy/

Cambodia requests Japanese support for agricultural product processing

Minister of Agriculture, Forestry and Fisheries Veng Sakhon has requested the Japanese government, through the Japan International Cooperation Agency (JICA), to consider projects to support Cambodia’s agricultural product processing. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50798277/cambodia-requests-japanese-support-for-agricultural-product-processing/

Senate president calls for Korean investment

Cambodian Senate president Say Chhum called for increased South Korean investment and tourism in the Kingdom as bilateral ties between the two countries have gradually strengthened. ...

May Kunmakara
https://www.phnompenhpost.com/business/senate-president-calls-korean-investment

Ministry works on plan to win in trade

Ministry of Commerce officials are combing over a list of nine products, commodities, services and incentives to develop a trade strategy that maximises the benefits of the newly-inked free trade agreement (FTA) with China. ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-works-plan-win-trade

EDF outlines support to growing local entrepreneurial ecosystem

The Entrepreneurship Development Fund  (EDF) Board of Trustees convened last week to review some of EDF’s notable achievements in 2020 in supporting Cambodia’s growing entrepreneurial ecosystem. ...

Harrison White
https://www.khmertimeskh.com/50797899/edf-outlines-support-to-growing-local-entrepreneurial-ecosystem/

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