Government
National government
No loans from $100 million financing scheme
The government’s new $100 million Small and Medium Enterprise Co-Financing Scheme has yet to approve any applications, receiving only some ínquiries pending approval, according to a bank representative. ...
Sok Chan
https://www.khmertimeskh.com/50719826/no-loans-from-100-million-financing-scheme/
Government aid for more than 80,000 poor pregnant women and children aged below 2
Toch Channy, Director General of Technical General Department and Spokesperson of the Ministry of Social Affairs, Veterans and Youth Rehabilitation said that the assistance is made possible under the government’s new policy to enhance the welfare of poor pregnant women and child nutrition, reflecting the ...
Khmer Times Staff
https://www.khmertimeskh.com/50719279/government-aid-for-more-than-80000-poor-pregnant-women-and-children-aged-below-2/
Rice exports grew by about 40.5 percent compared with last year
Cambodia’s rice exports to China were 122,094 tonnes (41 percent), to the European Union 97,337 tonnes (32.4 percent), to Asean members 37,428 tonnes (12.5 percent) and to other destinations 43,393 tonnes (14.45 percent). ...
KrisEnergy secures $87 million loan facility for Phase 1 of Apsara oil fields in Cambodia
KrisEnergy (Apsara) Company Ltd, the concession holder for Cambodia’s Block 1 offshore oil field has secured a credit facility agreement of $87 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50719285/krisenergy-secures-87-million-loan-facility-for-phase-1-of-apsara-oil-fields-in-cambodia/
Angkor Wat records a 99.5 percent drop in monthly revenue
Revenue at Cambodia’s Angkor Archaeological Park has seen a staggering decline in revenue from April ticket sales, as extreme travel restrictions due to the COVID-19 pandemic decimated the Kingdom’s most famous attraction. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50719371/angkor-wat-records-a-99-5-percent-drop-in-monthly-revenue/
Cambodia exported over 2 million tonnes of agri-products in the first four months
The Ministry of Agriculture, Forestry and Fisheries, Veng Sakhon said that the Cambodia’s rice exports to the international market grew by about 40.5 percent in the first four months. ...
Kampong Chhnang flooded forest to see 8,000 trees planted
The Kampong Chhnang provincial Forestry Administration plans to plant around 8,000 trees on 4ha of flooded forest at the Trapaing Trav area in Chhnok Trou commune’s Ses Slap village in Boribor district. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kampong-chhnang-flooded-forest-see-8000-trees-planted
Cambodian sanctuaries home to critically endangered species
Environment Minister Say Samal on Tuesday said upon inspection on the conservation work in Keo Seima Wildlife Sanctuary, authorities reported the sanctuary is home to 60 species of rare and critically endangered animals and 25 species of carnivorous animals. The place was also recognised for ...
Pech Sotheary
https://www.khmertimeskh.com/50718562/cambodian-sanctuaries-home-to-critically-endangered-species/
Carbon credits up in forests
Minister of Environment Say Sam Al has urged relevant stakeholders to take part in protecting and conserving natural resources in wildlife sanctuaries. This, he said, will facilitate carbon credit sales to raise money to support local communities. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/carbon-credits-forests
Further gold production on horizon for Cambodia
Renaissance Minerals (Cambodia) Ltd, a subsidiary of Australia-listed Emerald Resources NL, said it has raised more funds during the first quarter of the year, with more development activities towards gold production next year. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50718690/further-gold-production-on-horizon-for-cambodia/
Ministry issues action projects for wastewater
Minister of Public Works and Transport Sun Chanthol, in collaboration with relevant stakeholders, has issued an action plan for wastewater management. ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-issues-action-projects-wastewater
Officials deny forest-cutting claims
Forest activists conducted a 10-day forest crimes investigation in the Prey Lang region and claimed to have found more than 200 workers camping in five different locations cutting down about 2,000 trees. Authorities have denied the claim. ...
Khorn Savi
https://www.phnompenhpost.com/national/officials-deny-forest-cutting-claims
Lemongrass from Cambodia to the pots of the world
The update was provided by Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, who said that Cambodia can now export its lemongrass. ...
Khmer Times Staff
https://www.khmertimeskh.com/50718292/lemongrass-from-cambodia-to-the-pots-of-the-world/
Leasing Industry registers 63 percent surge in 2019
The Central Bank has reported that the total value in the leasing industry was recorded at 1,169 billion KHR ($287million), an increase of about 63 percent in 2019 compared with the year before. ...
Sok Chan
https://www.khmertimeskh.com/50718028/leasing-industry-registers-63-percent-surge-in-2019/
Real estate boosted last year but likely to suffer this year
The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...
Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/
Free-trade talks continue despite the pandemic
Cambodia is closer to inking trade deals with developed economies despite the ongoing COVID-19 pandemic. Seang Thay, a spokesperson at the Ministry of Commerce, told Khmer Times yesterday that the free-trade agreement (FTA) negotiations between Cambodia, South Korea, China and ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50717809/free-trade-talks-continue-despite-the-pandemic/
Government makes push for organic veggies
The government introduced an organic agriculture policy to boost production and export, according to a prakas from the Ministry of Agriculture, Forestry and Fisheries on Sunday. ...
Thou Vireak
https://www.phnompenhpost.com/business/government-makes-push-organic-veggies
Minister urges China telecoms to build digital infrastructure
Newly appointed Minister of Posts and Telecommunications Chea Vandeth urged two Chinese telecom giants – China Communication Construction Co Ltd (CCCC) and Huawei Technologies Co Ltd – to further invest in the Kingdom’s telecommunications infrastructure in a move to bring Cambodia into the full realm ...
May Kunmakara
https://www.phnompenhpost.com/business/minister-urges-china-telecoms-build-digital-infrastructure
Kandal police chief moved amid allegations of corruption
Kandal provincial police chief Eav Chamroeun has been moved to a new position amid allegations that he took bribes and engaged in other forms of corruption and immoral behaviour. ...
Mech Dara
https://www.phnompenhpost.com/national/kandal-police-chief-moved-amid-allegations-corruption
Forest community pilot projects to be launched
The Ministry of Environment is preparing to create a community fair to contribute to improving the living standards of communities and efficiently conserve natural resources. ...
Ry Sochan
https://www.phnompenhpost.com/national/forest-community-pilot-projects-be-launched
New NBC guidelines on financial institutions
The National Bank of Cambodia (NBC) has requested financial institutions to reduce credit-related fees and lift fines until the end of December 2020, according to a letter it wrote. ...
Sok Chan
https://www.khmertimeskh.com/50717330/new-nbc-guidelines-on-financial-institutions/
Six detained over forest clearing in Mondulkiri
Mondulkiri provincial court sent six people in pre-trial detention on Friday and Saturday on separate charges of deforestation and encroachment on natural protected areas, the provincial department of environment revealed. ...
Pech Sotheary
https://www.khmertimeskh.com/50717269/six-detained-over-forest-clearing-in-mondulkiri/
Military officer arrested over alleged land encroachment
Stung Treng Provincial Military Police on Saturday arrested a high-ranking military officer suspected of illegally clearing and encroaching on 50 hectares of land within a state-owned natural protected area. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50717255/military-officer-arrested-over-alleged-land-encroachment/
Unregistered NGOs warned of legal action
The Environment Ministry has warned it will take legal action against NGO workers who conduct illegal activities in protected areas as they are not registered with the Interior Ministry. ...
Pech Sotheary
https://www.khmertimeskh.com/50717254/unregistered-ngos-warned-of-legal-action/