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Government

National government

NBC: Fintech fuels 2020 boom in Kingdom's payment systems

Payment systems in Cambodia have seen remarkable strides in line with the evolution of financial technology (fintech) and significantly contribute to the development of the national economy, as digital transactions witness a Covid-19 boom, the National Bank of Cambodia (NBC) said in the 2020 annual ...

Thou Vireak
https://www.phnompenhpost.com/business/nbc-fintech-fuels-2020-boom-kingdoms-payment-systems

Sweden and EU continue to fund Parliament-focused NGO’s Cambodian efforts

Sweden and the EU on May 11 provided $1.5 million for a two-year project spanning 2021-2022 to support the Parliamentary Centre of Asia’s (PCAsia) Cambodian activities. The agreement was signed virtually on May 11. ...

Mom Kunthear
https://www.phnompenhpost.com/national/sweden-and-eu-continue-fund-parliament-focused-ngos-cambodian-efforts

Ministry set May 10 as World Migratory Bird Day

The Ministry of Environment has designated May 10 as the date to observe World Migratory Bird Day each year to raise awareness about the conservation of migratory birds and their habitats. ...

Ry Sochan
https://www.phnompenhpost.com/national/ministry-set-may-10-world-migratory-bird-day

Ministries discuss ‘3+1 reforms’

Ministry of Justice officials held a meeting with other ministries on May 4 to discuss four areas of government reform, including public finance, public administration, sub-national administration and justice. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministries-discuss-31-reforms

Paper-based distance learning for students in Ratanakiri

Plan International together with Ratanakiri’s provincial Office of Education has initiated a paper-based distance learning approach for students affected by school closures. ...

Rhea Mae Soco
https://www.khmertimeskh.com/50847678/paper-based-distance-learning-for-students-in-ratanakiri/

Tourist resorts expected to start back up

At least 200 tourist resorts are expected to resume operations after the end of an inter-provincial travel ban and tourist-resort closures across the country. On April 25, the government lifted the travel ban and ended the closures of tourist destinations across the country, except for ...

Thou Vireak
https://www.phnompenhpost.com/business/tourist-resorts-expected-start-back

Ministry defends private-vendor move

The Ministry of Commerce on April 27 responded to criticism that allowing private vendors to sell essential goods at designated locations would run contrary to government preventive health measures – which prohibit gatherings – to stem the spread Covid-19. ...

Thou Vireak
https://www.phnompenhpost.com/business/ministry-defends-private-vendor-move

Illegal imports sinking local aquaculture

While local aquaculture has started to grow significantly in recent years, the business community is increasingly facing competition from illegal imports, according to the Cambodian Aquaculturist Association (CAA). ...

Hin Pisei
https://www.phnompenhpost.com/business/illegal-imports-sinking-local-aquaculture

Kingdom may drop quarantine for vaccinated tourists in Q4

The Ministry of Tourism will work with the Ministry of Health to evaluate the feasibility of international tourists from low-risk countries and territories who have been fully vaccinated against the novel coronavirus to enter the Kingdom with little or no quarantine stay. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-drop-quarantine-vaccinated-tourists-q4

Signing of Korea trade deal postponed

The formal signing of the Cambodia-South Korea Free Trade Agreement (CKFTA), scheduled for mid-year, will be postponed due to disruptions from the Covid-19 outbreak stemming from the February 20 community incident, according to a spokesman for the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/signing-korea-trade-deal-postponed

Agriculture ministers discuss food security in Asia-Pacific

The Cambodian government, through the Ministry of Agriculture, Forestry and Fisheries, is committed to promoting agricultural diversification as part of its battle against Covid-19 in order to maintain a stable business environment and people’s livelihoods during the health crisis. ...

Thou Vireak
https://www.phnompenhpost.com/business/agriculture-ministers-discuss-food-security-asia-pacific

Safe foods stores keep prices steady amid lockdown

A number of safe-agricultural-product specialist stores in Phnom Penh have expressed their commitment to maintain the prices of their commodities and contribute to the government’s efforts to improve people’s livelihoods during the ongoing two-week coronavirus lockdown in Phnom Penh and adjacent Takhmao town in Kandal ...

Thou Vireak
https://www.phnompenhpost.com/business/safe-foods-stores-keep-prices-steady-amid-lockdown

Commerce ministry rolls out mobile markets to Red Zones

The Ministry of Commerce on April 20 dispatched five trucks to seven “Red Zones” to sell food products and groceries at below-market prices during the ongoing two-week coronavirus lockdown in Phnom Penh and adjacent Takmao town in Kandal province, according to undersecretary of state Pen ...

Thou Vireak
https://www.phnompenhpost.com/business/commerce-ministry-rolls-out-mobile-markets-red-zones

Lockdown opens a window for e-commerce

With authorities tightening security to prevent community transmission in Phnom Penh and Kandal province’s Takhmao town, e-commerce activity, cashless payments and delivery services have logged a notable rise, swiftly becoming new features of the digital world in Cambodia. ...

May Kunmakara
https://www.phnompenhpost.com/business/lockdown-opens-window-e-commerce

The National Bank of Cambodia discourages usage of bank notes to curb COVID-19 spread

The National Bank of Cambodia today issued an announcement encouraging all members of the public to use electronic payment services to participate in the prevention and control of the spread of COVID- 19. ...

Khmer Times Staff
https://www.khmertimeskh.com/50842182/the-national-bank-of-cambodia-discourages-usage-of-bank-notes-to-curb-covid-19-spread/

Revenue from international tourism dips 80 per cent in 2020

Cambodia booked just $1.023 billion in international tourism revenue last year, representing a 79.4 percent nosedive from $4.919 billion in 2019 due to the sweeping effects of the global Covid-19 pandemic, the Ministry of Tourism reported on April 19. ...

Hin Pisei
https://www.phnompenhpost.com/business/revenue-international-tourism-dips-80-cent-2020

Cambodia registers about 8,000 trademarks in 2020

Local and international companies registered 7,997 trademarks with the Ministry of Commerce 2020, up 30 percent over the previous year, the ministry reported. The ministry said it mediated 23 cases of infringement and dissolved 37 trademarks during the year. ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-registers-about-8000-trademarks-2020

Don’t worry about the rice market: Minister to farmers

Minister of Agriculture, Forestry and Fisheries Veng Sakhon said farmers should not be worried about rice markets despite the nation’s milled rice exports to international destinations being down in the first quarter of the year. ...

Sar Socheath
https://www.khmertimeskh.com/50837501/dont-worry-about-the-rice-market-minister-to-farmers/

Gov’t mulls Angkor entry for vaccinated foreign tourists in Q4

International tourists with proof of Covid-19 vaccination in the fourth quarter (Q4) of this year could be allowed into Siem Reap province’s Angkor Archaeological Park even within 14 days of arrival to Cambodia, amid tentative government plans to ease its quarantine policy, according to Minister ...

Hin Pisei
https://www.phnompenhpost.com/business/govt-mulls-angkor-entry-vaccinated-foreign-tourists-q4

France mulls $95M in agri-loans

The Ministry of Agriculture, Forestry and Fisheries expects to receive €80 million ($95 million) in loans this year from the French government and Asian Development Bank (ADB) to develop two projects that support Cambodian agricultural value chains. ...

Thou Vireak
https://www.phnompenhpost.com/business/france-mulls-95m-agri-loans

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