Government
Cambodia-Japan trade reaches $1.1 billion in first seven months
Bilateral trade between Cambodia and Japan was recorded at $1,175 million in the first seven months of this year, inching down 5.7 percent compared to the same period last year. ...
Chea Vannak /AKP
https://www.khmertimeskh.com/50764528/cambodia-japan-trade-reaches-1-1-billion-in-first-seven-months/
Cambodia’s exports continue to face challenges amidst global headwinds
The Kingdom’s export to the international market is under threat although the country has secured regional and global free trade agreements, according to the Ministry of Commerce (MOC). ...
Sorn Sarath
https://www.khmertimeskh.com/50764362/cambodias-exports-continue-to-face-challenges-amidst-global-headwinds/
The effects of COVID-19 on farming
In 2020, the agriculture sector continues to play a significant role in the Cambodian economy, accounting for 22 percent of the Kingdom’s GDP and employing one-third of the Cambodian workforce. ...
Pamela Corda
https://www.khmertimeskh.com/50764323/the-effects-of-covid-19-on-farming/
Cambodia-U.S. trade soars 17 percent in first seven months
Bilateral trade between Cambodia and the U.S. rose by 17 percent in the first seven months of this year to $3,570 million, according to the U.S. Statistics Bureau. ...
Chea Vannak
http://khmertimeskh.com/50764364/cambodia-u-s-trade-soars-17-percent-in-first-seven-months/
Cambodia, UK vow to boost trade cooperation
Cambodia and United Kingdom (UK) has pledged to boost the bilateral trade cooperation and urged the developed country to continue to support trade activities of the least developed countries by offering specialized treatment in trade system. ...
Sorn Sarath
https://www.khmertimeskh.com/50764309/cambodia-uk-vow-to-boost-trade-cooperation/
High oil tax ‘a burden’ on development
The high-rate of special tax of 10-25 percent on oil for production is one of the burdens facing the advancement of manufacturing industries in Cambodia that have a target to increase added-value by using machinery in the production chain, according to the Japanese Business Association ...
Sorn Sarath
https://www.khmertimeskh.com/50764153/high-oil-tax-a-burden-on-development/
$2.7 million of investment welcome in times of need
Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...
Jason Boken
https://www.khmertimeskh.com/50764132/2-7-million-of-investment-welcome-in-times-of-need/
Cambodia has exported more than 3 million tonnes of agricultural produce
More than 3 million tonnes of Cambodia’s agricultural products were exported as of Sept 11, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...
Move to unify non-banking finance regulators
A new non-banking financial services draft law designed to combine all non-banking regulators has been sent for legislative approval by Prime Minister Hun Sen during his most recent council of ministers meeting. ...
Kuch Nithatevy
https://www.khmertimeskh.com/50763856/move-to-unify-non-banking-finance-regulators/
Developing national entrepreneurship
The first National Entrepreneurship Award 2020 ended last month with a fruitful achievement. Meanwhile, the government is looking to scale up and make the second National Entrepreneurship Award more attractive for next year, according to a senior executive of Khmer Enterprise (KE), an implementation unit ...
Sok Chan
https://www.khmertimeskh.com/50764035/developing-national-entrepreneurship/
Machinery: A growing feature of farming
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has been working with the private sector and development partners to integrate the use of agricultural machinery into middle-class farming communities to respond to the current and future decline in the agricultural workforce. ...
Sorn Sarath
https://www.khmertimeskh.com/50764036/machinery-a-growing-feature-of-farming/
Going nuts for cashews
The Cambodian government together with nongovernmental organisations (NGOs), the private sector and farmers are joining hands to develop the cashew industry by establishing a Cambodia Cashew Federation (CCF) to commercialise the sector internationally. ...
Sorn Sarath
https://www.khmertimeskh.com/50763659/going-nuts-for-cashews/
Trials and tribulations of entrepreneurship
A lot of young Cambodian adults now want to operate their own business rather than working for others. This trend has been rising year-on-year because they think working for themselves would help them become rich rapidly. ...
Sok Chan
https://www.khmertimeskh.com/50763049/trials-and-tribulations-of-entrepreneurship/
Cambodia gets $127.8 million ADB loan to help expand power grid
The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763156/cambodia-gets-127-8-million-adb-loan-to-help-expand-power-grid/
Foreign investors complain about the Kingdom’s business strictures
Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN. ...
Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/
Czechs launch water, sanitation project in Kampong Chhnang
The Embassy of the Czech Republic in Cambodia is launching a four-year project to improve water and sanitation to help 9,662 families in two districts in Kampong Chhnang province. ...
Khorn Savi
https://www.phnompenhpost.com/national/czechs-launch-water-sanitation-project-kampong-chhnang
Ministry: No unlawful protests
The Ministry of Interior is warning citizens not to take part in social justice protests. It issued a press release on Monday saying members of the groups Khmer Thavrak and Mother Nature Movement had been carrying out activities not registered at the ministry, which is required ...
Mom Kunthear
https://www.phnompenhpost.com/national/ministry-no-unlawful-protests
Construction inspectors appointed
The Ministry of Land Management, Urban Planning and Construction has appointed 362 inspectors to monitor, observe, research, inspect, collect evidence, and promote the implementation of construction laws throughout the Kingdom. Civil society organisations have voiced support for the action, but emphasise enforcement must be carried ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/construction-inspectors-appointed
Draft of Siem Reap Tourism Development Master Plan to be finalised next month
The draft of Siem Reap tourism development master plan for 2020-2035 will be finalised in October this year, and submitted to the Council of Ministers for approval. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50762205/draft-of-siem-reap-tourism-development-master-plan-to-be-finalised-next-month/
Book published on history of Kingdom’s microfinance industry
National Bank of Cambodia yesterday launched a book called “Building Inclusive Finance”. It traces the development of microfinance in Cambodia from its origins in rural development programmes in the early 1990s to the globalised industry it is today. The book was written by Ron Bevacqua, ...
Sok Chan
https://www.khmertimeskh.com/50762147/book-published-on-history-of-kingdoms-microfinance-industry/
Weekend market to be extended to other targeted provinces
The Weekend Market, one of the major activities of Accelerating Inclusive Markets for Smallholders (AIMS) project, will be extended to other targeted provinces and Phnom Penh capital in the near future, to promote local agro-commercial products. ...
Nika/AKP
https://www.khmertimeskh.com/50761683/weekend-market-to-be-extended-to-other-targeted-provinces/
Government committee to assist journalists holds first meeting
Minister of Information, Khieu Kanharith, yesterday held the first meeting with government lawyers to examine issues that journalists face in Cambodia, following an announcement in February of a commitment to assist journalists facing litigation. ...
Sen David
https://www.khmertimeskh.com/50761986/government-committee-to-assist-journalists-holds-first-meeting/
Singapore Embassy celebrates 55 years of diplomatic ties with Cambodia
Singapore Ambassador Michael Tan and Deputy Prime Minister and Foreign Minister Prak Sokhonn yesterday commemorated 55 years of Singapore-Cambodia diplomatic relations with the unveiling of a special bilateral mural at the Singapore Embassy on Norodom Boulevard. ...
Marie Lamy
https://www.khmertimeskh.com/50762059/singapore-embassy-celebrates-55-years-of-diplomatic-ties-with-cambodia/
Youths seek inclusion in social security fund
The Youth Resource Development Programme (YRDP) and a group of youths have asked the government to include students and monks in the government’s National Social Security Fund (NSSF) so they can receive social protection services for free such as health examinations and treatment. The proposal ...
Long Kimmarita
https://www.phnompenhpost.com/national/youths-seek-inclusion-social-security-fund