CRF requests year-long loans for rice millers

The Cambodia Rice Federation (CRF) has asked the state-owned Agricultural and Rural Development Bank (ARDB) to extend its loan repayment period to 12 months to help rice millers buy paddy. The request was made on Wednesday at a meeting with Cambodia Chamber of Commerce (CCC) ...

Thou Vireak
https://www.phnompenhpost.com/business/crf-requests-year-long-loans-rice-millers

400 factories in Cambodia suspend operations, affecting over 150,000 workers due to COVID-19

About 400 garments, footwear and travel goods factories in Cambodia have suspended their operations, leaving over 150,000 workers jobless due to the COVID-19 pandemic, according to a joint statement on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50740479/400-factories-in-cambodia-suspend-operations-affecting-over-150000-workers-due-to-covid-19/

Tourism savaged by COVID-19

As of May, government data shows COVID-19 forced the closure of nearly 3,000 tourism-based business and left more than 45,045 staff members unemployed. The unemployment and rising debt would severely affect the social economy while the Minister of Tourism estimated that the tourism sector would ...

Sorn Sarath
https://www.khmertimeskh.com/50740504/tourism-savaged-by-covid-19/

Quarantine being reviewed for investors and experts

The government will adjust quarantine measures and prepare special arrangements for potential investors, technical experts and consultants who come to the Kingdom, said senior officers of the State Secretariat of Civil Aviation (SSCA). ...

Sok Chan
https://www.khmertimeskh.com/50739808/quarantine-being-reviewed-for-investors-and-experts/

NGO report: Gov’t wrong to evict poor

Prek Pnov district authorities have denied a report by NGO Sahmakum Teang Tnaut (STT) which claims that it continued to evict poor families from their homes over the past three months while they struggled financially due to the Covid-19 pandemic. ...

Ry Sochan
https://www.phnompenhpost.com/national/ngo-report-govt-wrong-evict-poor

Questioned: Survey which finds indebted workers’ suffering worsened by pandemic lay-offs

A survey, the methodology and accuracy of which has been questioned by the  Ministry of Labour and conducted by two NGOs and a union has found that tens of thousands of garment workers in Cambodia are struggling to repay microfinance debts following work stoppages and ...

Sen David
https://www.khmertimeskh.com/50739894/questioned-survey-which-finds-indebted-workers-suffering-worsened-by-pandemic-lay-offs/

PM demands transparency in cash aid distribution

Prime Minister Hun Sen yesterday said harsh action will be taken against authorities found committing any irregularities in the disbursement of cash aid for poor and vulnerable families hit hard by the coronavirus pandemic. ...

Pech Sotheary
https://www.khmertimeskh.com/50739807/pm-demands-transparency-in-cash-aid-distribution/

Covid patient discharged from hospital

The Ministry of Health on Monday said a Covid-19 patient has recovered and been discharged from the Khmer–Soviet Friendship Hospital. This brings the number of recovered patients to 130 out of the 141 patients in the Kingdom – or about 92 per cent. Another eleven ...

Khorn Savi
https://www.phnompenhpost.com/national/covid-patient-discharged-hospital

PPAP works to soften virus hit

Listed state-owned port operator Phnom Penh Autonomous Port (PPAP) has doubled down on its commitment to enhance its business performance during the global health crisis by reducing expenses and postponing non-urgent investment, director-general Hei Bavy told its annual meeting on Friday.​ ...

May Kunmakara
https://www.phnompenhpost.com/business/ppap-works-soften-virus-hit

Teaching young women digital literacy

SHE Investments, a social enterprise to support women micro-small entrepreneurs (MSMEs) is joining as a Cambodian partner for Youth Business International’s Rapid Response Recovery Programme, funded by Google.org, to support women entrepreneurs to build digital literacy skills to enable them to recover and rebuild from ...

Sok Chan
https://www.khmertimeskh.com/50739209/teaching-young-women-digital-literacy/

After massive growth, special economic zone will face hurdles

Phnom Penh Special Economic Zone Plc (PPSEZ) will suffer severely from the impact of the COVID-19 pandemic this year after reporting healthy results in 2019, according to the company’s senior officials. ...

Sorn Sarath
https://www.khmertimeskh.com/50739183/after-massive-growth-special-economic-zone-will-face-hurdles/

Kingdom’s financial sector healthy

Cambodia’s financial sector remains on a sustainable growth path despite the Covid-19 pandemic squeezing crucial industries, National Bank of Cambodia (NBC) governor Chea Chanto said. ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdoms-financial-sector-healthy

WWF: Ban wildlife trade to avert future pandemics

World Wide Fund for Nature is calling for urgent global action to address factors which it projected would be key drivers in triggering possible zoonotic disease outbreaks in the future. The action comes amid the current COVID-19 pandemic, which has battered countries worldwide. ...

Pech Sotheary
https://www.khmertimeskh.com/50737775/wwf-ban-wildlife-trade-to-avert-future-pandemics

Up to 15 percent of logistics providers ‘heading for bankruptcy’

The Cambodia Freight Forwarders Association (CFFA) yesterday said the on-going COVID-19 pandemic is seriously damaging logistic providers, with about 10 to 15 percent heading for bankruptcy in the upcoming months. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50737975/up-to-15-percent-of-logistics-providers-heading-for-bankruptcy/

Bar owners remain in the dark while some call quits

Hospitality groups continue to call on the government to provide an exit strategy from the lockdown of the Kingdom’s bars, clubs and KTV’s – so struggling owners can implement business plans, but some are deciding to quit. ...

Harrison White
https://www.khmertimeskh.com/50737482/bar-owners-remain-in-the-dark-while-some-call-quits/

New C-19 positive case brings total to 130

According to a press release from the Ministry of Health issued yesterday morning, Cambodia has detected a COVID-19 (C-19) case, bringing the total number to 130. ...

Khann Chanvirak
https://www.khmertimeskh.com/50737360/new-c-19-positive-case-brings-total-to-130/

Cambodia to delay school opening till year’s end

Cambodia’s Ministry of Education, Youth and Sport will delay school openings and high school graduation examinations until the end of the year to prevent a second wave of COVID-19. ...

Khmer Times Staff
https://www.khmertimeskh.com/50737447/cambodia-to-delay-school-opening-till-years-end/

WFP to start phase two of food aid

In order to mitigate the impacts of the pandemic on Cambodia, the World Food Programme (WFP) in cooperation with the Ministry of Education will conduct the second phase of food aid for five provinces in the Kingdom to respond to the current crises. ...

Som Kanika
https://www.khmertimeskh.com/50737380/wfp-to-start-phase-two-of-food-aid/

Cambodia lifts cross-border travel restrictions with Vietnam

The government yesterday informed Vietnam regarding its decision to lift the ban on cross-border movement via borders shared with the country but said prevention guidelines remain in place to mitigate risks of coronavirus transmission. ...

Ben Sokhean
https://www.khmertimeskh.com/50736881/cambodia-lifts-cross-border-travel-restrictions-with-vietnam/

Infrastructure development projects to go on despite COVID-19

The government and private sector’s infrastructure development projects will still continue amid the COVID-19 pandemic which would affect negatively Cambodia’s economic growth rate this year. ...

Khmer Times Staff
https://www.khmertimeskh.com/50736992/infrastructure-development-projects-to-go-on-despite-covid-19/

PM Hun Sen says ‘budget balanced’

PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/

Construction suffers from low growth

In the light of COVID-19, however, the sector is estimated to have suffered negative rate growth of 5.3 percent in 2020 and is expected to hit a growth rate of 3.3 per cent next year, according to an updated report by the Ministry of Economy ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50736882/construction-suffers-from-low-growth/

GMAC: Minimum wage should be suspended during COVID-19

The guaranteed $190 per month minimum wage should be temporarily suspended, to ensure the sector remains competitive until the COVID-19 pandemic is resolved, says the secretary-general of the Garment Manufacturing Association in Cambodia (GMAC). ...

https://www.khmertimeskh.com/50736454/gmac-minimum-wage-should-be-suspended-during-covid-19/
http://Harrison White

Cambodia to launch cash relief programme

The Royal Government of Cambodia will launch a cash relief programme for the poor and vulnerable families during this COVID-19 crisis onWednesday, June 24. ...

Khmer Times Staff
https://www.khmertimeskh.com/50736498/cambodia-to-launch-cash-relief-programme/

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