Government

Kampot pepper strategy in pipeline

The Ministry of Commerce will collaborate with the Kampot Pepper Promotion Association (KPPA) to develop new strategic plans that build confidence in Kampot pepper and explore additional markets for the crop, one of Cambodia’s Geographical Indication (GI) products. ...

Hin Pisei
https://www.phnompenhpost.com/business/kampot-pepper-strategy-pipeline

Sihanoukville wastewater facility nearly complete

The Ministry of Public Works said on Saturday that the construction of a wastewater treatment plant in Sihanoukville is 93 percent complete. Minister of Public Works Sun Chanthol said during an inspection visit that the wastewater treatment plant will enhance the image of the coastal ...

Chea Vanyuth
https://www.khmertimeskh.com/50811473/sihanoukville-wastewater-facility-nearly-complete/

US ambassador meets with justice, foreign ministers to further cooperation

United States Ambassador Patrick Murphy met with Minister of Justice Keut Rith yesterday to discuss anti-human trafficking efforts, law enforcement cooperation and protecting freedoms granted in the Cambodian constitution. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50810754/us-ambassador-meets-with-justice-foreign-ministers-to-further-cooperation/

Food Safety Law to be enacted in 2021: Commerce official

The Food Safety Law is making headway and expected to be enacted later this year, with industry insiders confident the legislation will lure more international investors, spark growth in the reeling tourism sector and chip in to national economic growth. ...

Hin Pisei
https://www.phnompenhpost.com/business/food-safety-law-be-enacted-2021-commerce-official

Forum to promote ‘Access to Finance for Women Entrepreneurs in COVID-19 Era’

The National Bank of Cambodia has collaborated with the United States Agency for International Development (USAID) through Pact Cambodia, Khmer Enterprise, Swisscontact and Good Return to organise the Entrepreneurship Ecosystem Forum on “Access to Finance for Women Entrepreneurs in COVID-19 Era”. ...

Sok Chan
https://www.khmertimeskh.com/50810949/forum-to-promote-access-to-finance-for-women-entrepreneurs-in-covid-19-era/

Helping SMEs to stand on their own two feet

Following the successful completion of two rounds of assistance packages to support small and medium-sized enterprises (SMEs) and startups during the COVID-19 pandemic, Khmer Enterprise will implement a third this year. ...

Sok Chan
https://www.khmertimeskh.com/50810982/helping-smes-to-stand-on-their-own-two-feet/

Oil revenue no short-term fix to economic growth: PM

Prime Minister Hun Sen has said that oil revenues will have less of an impact in the short term on the country’s overall economy than other traditional business sectors. His statement was made during a joint ceremony for the inauguration of  the Chamkar Mon Water ...

Tom Starkey
https://www.khmertimeskh.com/50809405/oil-revenue-no-short-term-fix-to-economic-growth-pm/

Kingdom’s free trade pact talks with South Korea concluded

Cambodia and South Korea have concluded their free trade agreement (FTA) negotiations and are now closer to the signing of a final pact later this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/50810013/kingdoms-free-trade-pact-talks-with-south-korea-concluded/

Cambodia gets $28M Oz grant for Covid vaccines

The Australian government announced on February 1 that it has provided a grant of $28 million for the rollout of Covid-19 vaccines approved by World Health Organisation (WHO) for 1.5 million Cambodians. ...

Mom Kunthear
https://www.phnompenhpost.com/national/cambodia-gets-28m-oz-grant-covid-vaccines

Bakheng water treatment facility construction breaks ground

The groundbreaking ceremony of the water treatment facility in Bakheng, outskirt of Phnom Penh, takes place today, presided over by Prime Minister Hun Sen. The plant, designed and built by Vinci Construction Grands Projets, will have the capacity to supply drinking 195,000 cubic metres of ...

Chea Vanyuth
https://www.khmertimeskh.com/50809207/bakheng-water-treatment-facility-construction-breaks-ground/

Ministries urge safe handling of poultry to prevent bird flu spread

In preparation for the lunar new year this month, the Ministry of Health and the Ministry of Agriculture, Forestry and Fisheries have called for hygienic practices and sanitary inspections for the transportation of poultry and pigs to prevent the spread of any instances of bird ...

Mom Kunthear
https://www.phnompenhpost.com/national/ministries-urge-safe-handling-poultry-prevent-bird-flu-spread

Cambodia improves in Corruption Perceptions Index

Cambodia scored a 21 out of 100 on Transparency International’s (TI) Corruption Perceptions Index (CPI) for 2020, a one point improvement over last year’s score. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50808341/cambodia-improves-in-corruption-perceptions-index/

Russian investment sought for oil sector

Cambodia has invited Russian investors to consider taking part in Cambodia’s oil sector. The invitation was made following Cambodia’s recent start of oil production in its maritime territory. ...

Chea Vanyuth
https://www.khmertimeskh.com/50808397/russian-investment-sought-for-oil-sector/

Ministry ‘bullish’ on prospects of recovery

The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ...

Sok Chan
https://www.khmertimeskh.com/50807772/ministry-bullish-on-prospects-of-recovery/

ASEAN digital ministers hear Kingdom’s infrastructure priorities

Cambodia prioritised the development of its telecommunications infrastructure as a commitment at the first ASEAN Digital Ministers’ Meeting. ASEAN, already the most-connected region in the world, has set a goal for transitioning to a digital economy under the ASEAN Digital Masterplan 2025. ...

Husain Haider
https://www.khmertimeskh.com/50807773/asean-digital-ministers-hear-kingdoms-infrastructure-priorities/

A $3.1 million garment factory project in Takeo province to create more than 700 jobs

A $3.1 million garment factory will be built in Bati district of Takeo province, creating 702 jobs for the locals. The update was shared in a press release from the Council for the Development of Cambodia (CDC) yesterday following its approval of the investment project. ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50807925/a-3-1-million-garment-factory-project-in-takeo-province-to-create-more-than-700-jobs/

Regional produce given trademarks of local geography

The Ministry of Commerce is pressing on to register some of the Kingdom’s more renown products as collective trademarks and grant them domestic geographical indication (GI) to provide them with added exposure on the international market. ...

Thou Vireak
https://www.phnompenhpost.com/business/regional-produce-given-trademarks-local-geography

US Embassy aims to strengthen aid efforts

The US Embassy is taking a targeted approach to strengthen and showcase the American-Cambodian partnership this year through its AmCam 2021 initiative. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50807774/us-embassy-aims-to-strengthen-aid-efforts/

NIPTICT signs MoU with Bosch to launch Digital Makerspace

The National Institute of Post, Telecommunications and Information Communications Technology (NIPTICT) and Bosch (Cambodia), a local subsidiary of the Bosch Group, Germany’s leading electronics and engineering company, signed a memorandum of understanding this week to develop a Digital Makerspace at the institution. ...

Sok Chan
https://www.khmertimeskh.com/50807537/niptict-signs-mou-with-bosch-to-launch-digital-makerspace/

NBC launches new payment and transfer system

National Bank of Cambodia (NBC) officially launched its national retail payment system  “Retail Pay” yesterday to support and provide fast payment facilities for trade settlement and fund transfers in the Kingdom. ...

Sok Chan
https://www.khmertimeskh.com/50807469/nbc-launches-new-payment-and-transfer-system/

National Road 10 project construction on track

National Road 10, which will link Battambang to Koh Kong province, is now 43.75 percent complete and scheduled to open for traffic in 2023. This was announced by the Secretary of State of the Ministry of Public Works and Transport Bong Bun Hourn following an ...

Jason Boken
https://www.khmertimeskh.com/50807538/national-road-10-project-construction-on-track/

Gold production expected later this year

In the wake of oil production starting in Cambodia, the nation is also placing high hopes of becoming a gold producing country, with the first mining of the precious metal due to start later this year than originally planned. ...

Chea Vanyuth
https://www.khmertimeskh.com/50807498/gold-production-expected-later-this-year/

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