Government

National government

NBC makes argument for more use of riels

National Bank of Cambodia Governor Chea Chanto said Cambodia needs a strong national currency to strengthen its economic and financial resilience to underlying crises, as well as to support sustainable and inclusive socio-economic growth and development. ...

Sok Chan
https://www.khmertimeskh.com/50767469/nbc-makes-argument-for-more-use-of-riels/

New milestone for financial technology

Techo Startup Centre (TSC), under the Ministry of Economy and Finance and the association of banks in Cambodia, yesterday signed a memorandum of understanding (MoU) on cooperation to promote financial technology systems in Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50767710/new-milestone-for-financial-technology/

Australia donates water-modelling software to assist development

The Australian Embassy has donated its national water-modelling platform, eWater Source, to the Cambodian government as part of the nation’s ongoing support for sustainable water management throughout the Mekong region. ...

Harrison White
https://www.khmertimeskh.com/50767289/australia-donates-water-modelling-software-to-assist-development/

Obstacles to developing agriculture

Cambodia’s agriculture has become a talking point among other sectors, in the context of the COVID-19 pandemic, which has so for faced unsolved issues for years. ...

Sorn Sarath
https://www.khmertimeskh.com/50766441/obstacles-to-developing-agriculture/

Police officer accused of threatening couple with gun

National Police Chief General Neth Savoeun ordered the anti-terrorism unit yesterday to summon Colonel Thlang Phinra, police chief of the Anti-Terrorism Office of the Ministry of Interior, who allegedly threatened two restaurant owners with a gun. ...

Khann Chanvirak
https://www.khmertimeskh.com/50766131/police-officer-accused-of-threatening-couple-with-gun/

Skeleton of gaur found at Oddar Meanchey sanctuary

Environment officers said foul play is not suspected in the death of a gaur on Saturday at Kulen Prum Tep Wildlife Sanctuary in Oddar Meanchey province.​ There was no evidence that it died from being trapped or shot. Only its skeleton remained, as found by ...

Khorn Savi
https://www.phnompenhpost.com/national/skeleton-gaur-found-oddar-meanchey-sanctuary

Minister denies IDPoor suspensions were due to lack of funds

The Minister of Social Affairs yesterday denied a report that the government has no more budget to support the IDPoor subsidy programme. The statement came after the government suspended the cash support programme for pregnant women and children under two years for five days during ...

Sen David
https://www.khmertimeskh.com/50766058/minister-denies-idpoor-suspensions-were-due-to-lack-of-funds/

Promoting environmental science education in Cambodia

Minister of Environment Say Samal and Australian Ambassador to Cambodia Pablo Kang have discussed the promotion of education in environmental science in Cambodia. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50766559/promoting-environmental-science-education-in-cambodia/

Boost for special economic zones

Cambodia exports via Svay Rieng province-based special economic zones (SEZs) alone reached more than $124.87 million in August, an increase of more than $57 million in July, according to figures from the Ministry of Commerce. ...

Sorn Sarath
https://www.khmertimeskh.com/50765345/boost-for-special-economic-zones/

Ministry dismisses protestors, says they lack legal basis for land claims

The Ministry of Land Management yesterday said that the villagers who came to protest outside their offices in the capital over land disputes either had already had resolutions delivered or lacked any legal basis for complaint. ...

Sen David
https://www.khmertimeskh.com/50765197/ministry-dismisses-protestors-says-they-lack-legal-basis-for-land-claims/

UK FTA could be on horizon

Cambodia and the UK have vowed to boost their bilateral trade as the Kingdom looks to establish a bilateral free trade agreement with the country. The understanding was made during a meeting between secretary of state of the Ministry of Commerce Sok Sopheak and deputy ...

Thou Vireak
https://www.phnompenhpost.com/business/uk-fta-could-be-horizon

Tourist numbers reach over 1 million during the Pchum Ben festival

Cambodia recorded more than 1 million tourists over the three-day holiday period of Pchum Ben, according to a report supplied by the Ministry of Tourism.​ ...

Som Kanika
https://www.khmertimeskh.com/50764600/tourist-numbers-reach-over-1-million-during-the-pchum-ben-festival/

Cambodian grown tobacco exported to five countries

Cambodia has exported tobacco to five countries, said Veng Sakhon, Minister of Agriculture, Forestry and Fisheries. The Minister pointed out that during this period, the exported tobacco products amounted to 5,376 tonnes. ...

Heng Panha/AKP
https://www.khmertimeskh.com/50764534/cambodian-grown-tobacco-exported-to-five-countries/

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 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.​ ...

Sok Chan
https://www.khmertimeskh.com/50764124/cambodia-has-exported-more-than-3-million-tonnes-of-agricultural-produce/

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/

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/

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