Government

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/

Free trade deal with China finally finalised

Cambodia has listed around 340 more commodities to export to China under the Cambodia-China bilateral free-trade agreement (FTA), bringing the total to more than 10,000. Most of the products are in agriculture and agro-processing and are in addition to what Cambodia has received from the ...

Sok Chan
https://www.khmertimeskh.com/50749528/free-trade-deal-with-china-finally-finalised/

$28m allocated for round two of IDPoor scheme

The government has allocated $28 million to Wing agents nationwide to provide for the second round of payments for the equity card scheme, set to benefit some 610,000 poor and vulnerable families. ...

Khann Chanvirak
https://www.khmertimeskh.com/50749581/28m-allocated-for-round-two-of-idpoor-scheme/

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/

More than $23M handed out to poor

The Ministry of Social Affairs, Veterans and Youth Rehabilitation said on Saturday that it completed transferring more than $23 million to poor people, covering more than 530,000 households. ...

Niem Chheng
https://www.phnompenhpost.com/national/more-23m-handed-out-poor

Cambodia and Thailand to promote joint research

Cambodia and Thailand have agreed to promote joint researches between both countries to enrich think tank and scholar networking. ...

Phal Sophanith
https://www.khmertimeskh.com/50748581/cambodia-and-thailand-to-promote-joint-research/

‘Free-trade agreements the future’

Having a free-trade agreement (FTA) with more trade partners would help mitigate the Kingdom’s loss from the European Union’s partial withdrawal of the Everything- but-Arms (EBA) trade status in the future because the country has already completed one with China. ...

Sorn Sarath
https://www.khmertimeskh.com/50748810/free-trade-agreements-the-future/

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/

Credit guarantee system approved in principle

MINISTER of Economy and Finance Aun Pornmoniroth approved in principle the concept of strategic framework for establishing the Credit Guarantee Corp Cambodia, according to a statement from the Ministry of Economy and Finance (MEF). ...

Sok Chan
https://www.khmertimeskh.com/50748173/credit-guarantee-system-approved-in-principle/

Talks to resume on offshore oil and gas

Thailand’s outgoing Energy Minister Sontirat Sontijirawong expects that there will be a resumption of talks to resolve the dispute of the offshore petroleum blocks in the overlapping maritime territories between Cambodia and Thailand after a delay of 20 years, according to a Bangkok Post report.​ ...

Sok Chan
https://www.khmertimeskh.com/50747626/talks-to-resume-on-offshore-oil-and-gas/

Promised sky train delayed over expense

The government’s sky train project from Phnom Penh city centre to the international airport has been delayed because the cost is higher than expected, according to an official from the Ministry of Public Works and Transport (MPWT). ...

Sorn Sarath
https://www.khmertimeskh.com/50747814/promised-sky-train-delayed-over-expense/

Thailand will gift 140km of rail to Cambodia for stronger link

Cambodia will soon welcome another 140km of northern railway to connect to the Thai border to better facilitate the transportation of goods between the two countries. Cambodia and Thailand officially launched rail reconnection link in late 2018. ...

May Kunmakara
https://www.phnompenhpost.com/business/thailand-will-gift-140km-rail-cambodia-stronger-link

MoU signed over public administration reform

The Ministry of Civil Service (MoCS) and the UN Development Programme (UNDP) yesterday signed a Memorandum of Understanding on public administration reform and inclusive public service innovation. ...

Khmer Times Staff
https://www.khmertimeskh.com/50747149/mou-signed-over-public-administration-reform/

Passenger traffic slides down 67 percent while development of new airports boom

Cambodia’s three international airports handled 1.9 million air passengers in the first six months of this year, a 67.5 percent decrease from 6 million air passengers last year.​ ...

Chea Vannak /AKP
https://www.khmertimeskh.com/50747225/passenger-traffic-slides-down-67-percent-while-development-of-new-airports-boom/

Cambodia, China conclude bilateral FTA negotiations

Negotiations on the establishment of a free trade agreement (FTA) between the Kingdom of Cambodia and the People’s Republic of China were officially concluded on July 20, 2020, after half a year of negotiations. ...

Khmer Times Staff
https://www.khmertimeskh.com/50747200/cambodia-china-conclude-bilateral-fta-negotiations/

Sino-Cambodia FTA talks wrap up, signing to follow

Cambodia and China wrapped up free trade agreement (FTA) talks on Monday, the Ministry of Commerce said. The announcement was made during a video conference between Minister of Commerce Pan Sorasak and his Chinese counterpart Zhong Shan. The deal is expected to propel bilateral trade ...

Thou Vireak
https://www.phnompenhpost.com/business/sino-cambodia-fta-talks-wrap-signing-follow

Course on boosting hospitality skills

The Ministry of Tourism has launched the second phase of a skills development programme to promote human resource abilities in the Kingdom’s tourism sector. Pak Sokhom, the Ministry of Tourism’s secretary of state, said that the programme will provide young people with vocational skills, create ...

Sorn Sarath
https://www.khmertimeskh.com/50747286/course-on-boosting-hospitality-skills/

IDPoor cardholder list grows to 610,000, budget hits $28M

The fund to support poor families during Covid-19 increased to $28 million in July and 50,000 more poor people were added to the list, Prime Minister Hun Sen said while visiting farmers in Takeo province on Tuesday.​​ ...

Niem Chheng
https://www.phnompenhpost.com/national/idpoor-cardholder-list-grows-610000-budget-hits-28m

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