Government

National government

38 Roads project to modernise Siem Reap City and tourism

Prime Minister Hun Sen said yesterday that the construction of 38 roads in Siem Reap will modernise the city and improve the tourism experience in this renowned travel destination. ...

Sok Chan
https://www.khmertimeskh.com/50787815/38-roads-project-to-modernise-siem-reap-city-and-tourism/

CBC develops wide-ranging financial app

The Credit Bureau of Cambodia (CBC) has made available a new digital application that for the first time allows Cambodian citizens to check their credit score, view credit reports and receive credit monitoring alerts. ...

Harrison White
https://www.khmertimeskh.com/50787813/cbc-develops-wide-ranging-financial-app/

New digital platforms to ease tax collection and management

The General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. ...

Lim Nary/AKP
https://www.khmertimeskh.com/50787198/new-digital-platforms-to-ease-tax-collection-and-management/

Vegetable planting up, but not yet feeding local demand in full

Vegetable planting in Cambodia is reported up dramatically, but the nation cannot end imports because local consumption is bigger than production, said Minister of Agriculture Forestry and Fisheries Veng Sakhon at the celebration of the seventhth national nutrition day in Kampong. ...

Sar Socheath
https://www.khmertimeskh.com/50787580/vegetable-planting-up-but-not-yet-feeding-local-demand-in-full/

Seeds sown for Stung Treng agriculture

Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...

Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture

Gov’t credit guarantee unit set for 2021

The Credit Guarantee Corporation of Cambodia (CGCC) is on track to be launched in the first half of next year, Banking Association of Cambodia (ABC) president In Channy told The Post on November 26. The CGCC was established by Sub-Decree No 140 ANKr BK on ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-credit-guarantee-unit-set-2021

MoC conducts workshop on Law on Consumer Protection

The Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organizations.​ ...

Sok Chan
https://www.khmertimeskh.com/50786648/moc-conducts-workshop-on-law-on-consumer-protection/

E-Commerce Strategy launched

Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...

Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched

Food safety forum chews over challenges

Among all of the industries affected by the pandemic, perhaps the food industry is one of the least surprising. Heavily interconnected with the tourism industry – particularly in hotspots such as Siem Reap and the capital – falling footfall and partial lockdowns have been biting. ...

Tom Starkey
https://www.khmertimeskh.com/50785811/food-safety-forum-chews-over-challenges/

27 startups and SMEs chosen for special government grants

Khmer Enterprise (KE) yesterday signed grant agreements with 27 startups and small and medium enterprises (SMEs) for the first and second Khmer Enterprise Assistance Package programme, responding to the challenges and impacts of the COVID-19 pandemic on Cambodian entrepreneurs. ...

Sok Chan
https://www.khmertimeskh.com/50785809/27-startups-and-smes-chosen-for-special-government-grants/

Prakas on tax debt management issued

The Ministry of Economy and Finance on November 20 issued Prakas No 962 SHV BrK on Tax Debt Management. The new prakas sets forth rules and procedures relating to tax debt management and aims to ensure a more efficient, effective and transparent collection process. ...

Thou Vireak
https://www.phnompenhpost.com/business/prakas-tax-debt-management-issued

Trade fair scrapped over Covid-19 fears

The Ministry of Commerce on November 19 cancelled the 15th edition of the Cambodia Import-Export Goods Exhibition due to Covid-19 concerns. Originally scheduled to be held from December 15-18 at the Koh Pich Convention and Exhibition Centre on Phnom Penh’s Koh Pich island, the Kingdom’s ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-fair-scrapped-over-covid-19-fears

NGO Forum: Government has stopped sharing environmental impact reports

The Environmental Ministry has this year stopped sharing environmental and social impact assessments for new development projects with NGO Forum, the civil society network said. ...

Tran Techseng
https://vodenglish.news/ngo-forum-government-has-stopped-sharing-environmental-impact-reports/

Gov’t produce plan a relative success

A $20 million government agricultural initiative achieved remarkable results in its three years of operation but still fell far short of its target, the General Directorate of Agriculture reported. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-produce-plan-relative-success

Banks and FI loan restructuring extended until mid-2021

The National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. ...

Sok Chan
https://www.khmertimeskh.com/50785076/banks-and-fi-loan-restructuring-extended-until-mid-2021/

Ministry to recruit more primary and high school teachers

The Ministry of Education has announced it will recruit thousands more primary and high school teachers next year to promote the quality of public education in the Kingdom. ...

Sar Socheath
https://www.khmertimeskh.com/50784585/ministry-to-recruit-more-primary-and-high-school-teachers/

Blockchain cited as boost to public trust in financial institutions

At this week’s 2020 Global Blockchain Policy Forum,  Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea Serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ...

Jason Boken
https://www.khmertimeskh.com/783940/blockchain-cited-as-boost-to-public-trust-in-financial-institutions/

Paddy seedlings given to flood-hit farmers

More than 6,000 tonnes of paddy seedlings have been distributed to flood-hit farmers across the country, according to Agriculture Minister Veng Sakhon, who said it was to help them to begin replanting rice in areas damaged by floods. ...

Sok Chan
https://www.khmertimeskh.com/50783905/paddy-seedlings-given-to-flood-hit-farmers/

Chinese firms invest in mango pest control

At least three Chinese companies are investing in industrial steaming equipment to use in the phytosanitary treatment of agricultural products for export, Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday. ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-firms-invest-mango-pest-control

KrisEnergy seeks additional delay to Cambodia Block A scheduled oil extraction

A senior official of the General Department of Petroleum at the Ministry of Mines and Energy said the ministry is reviewing a request letter from Singapore-listed company KrisEnergy asking for a delay to the start of oil extraction in Cambodia Block A. ...

Sok Chan
https://www.khmertimeskh.com/50783454/krisenergy-seeks-additional-delay-to-cambodia-block-a-scheduled-oil-extraction/

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