News

MoC e-commerce marketplace expected to launch in July

The Ministry of Commerce’s Go4eCam e-commerce marketplace is expected to go online in July, according to Long Kemvichet, the deputy director general at the ministry’s General Department of International Trade. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50830823/moc-e-commerce-marketplace-expected-to-launch-in-july/

Banks need integrated automated payment system

Cambodian banks must integrate automated payment processing, according to Sabay Digital Corp’s co-founder Mike Gaertner. Its absence is a gaping hole in the Kingdom’s financial services. As a result, the Kingdom is notably left out of crucial consumer behaviour shaping the 21st century, including subscription ...

Husain Haider
https://www.khmertimeskh.com/50831790/banks-need-integrated-automated-payment-system/

Cambodia ‘among lowest in the world for tech startups’

Cambodia ranked number 176 in the world in an index measuring the best places in the world to launch a tech startup, according to the first Draper Innovation Index (DII). ...

Husain Haider
https://www.khmertimeskh.com/50832303/cambodia-among-lowest-in-the-world-for-tech-startups/

Haystack Asia Acquires KhmerDev

Investment capital firm Haystack Asia has acquired KhmerDev, an information technology company which was the first French-speaking IT service provider in Cambodia when it launched in 2001. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50832226/haystack-asia-acquires-khmerdev/

Sinovac vaccine rollout begins today to jab 745,000 people

The Ministry of Health yesterday announced that it will start vaccinating people in Cambodia with the Sinovac vaccine from today after 1.5 million doses  purchased by the government arrived in Cambodia from China on Friday. ...

Tith Kongnov
https://www.khmertimeskh.com/50832702/sinovac-vaccine-rollout-begins-today-to-jab-745000-people/

Unemployment rate in Cambodia, the lowest in ASEAN

All 10 ASEAN member states have faced a sudden increase in unemployment in 2020 compared to the year previously as a consequence of the global pandemic, but Cambodia has the lowest unemployment rate in the bloc. ,,, ...

Khmer Times Staff
https://www.khmertimeskh.com/50832758/unemployment-rate-in-cambodia-the-lowest-in-asean/

National Assembly president seeks more cooperation with Singapore, Philippines

National Assembly president Heng Samrin has encouraged the newly appointed ambassadors of two Asean nations, Singapore and the Philippines, to promote more cooperation, according to a statement released on his official Facebook page yesterday. ...

Sar Socheath
https://www.khmertimeskh.com/50832706/national-assembly-president-seeks-more-cooperation-with-singapore-philippines/

A village in Kampong Cham locked down due to COVID-19 outbreak

Kampong Cham provincial governor Un Chanda has ordered a lockdown of a village in the province after several people tested positive for COVID-19 linked to the February 20 community event. ...

Khmer Times Staff
https://www.khmertimeskh.com/50832090/a-village-in-kampong-cham-locked-down-due-to-covid-19-outbreak/

MoC responds to UN study citing negative RCEP impact on revenue

An official from the Ministry of Commerce said the Regional Comprehensive Economic Partnership Agreement (RCEP) will definitely open up opportunities for Cambodia. He was speaking in response to a report released by the United Nations Conference on Trade and Development (UNCTAD) citing potential serious negative ...

Sok Chan
https://www.khmertimeskh.com/50832267/moc-responds-to-un-study-citing-negative-rcep-impact-on-revenue/

COVID won’t hold us back, ASEAN meeting agrees

Speaking at the virtually held ASEAN Finance and Central Bank Deputies’ Meeting (AFCDM), Neav Chanthana, deputy governor of the National Bank of Cambodia (NBC), said that members are committed to pushing economic growth in the region despite the Coronavirus pandemic. ...

Sok Chan
https://www.khmertimeskh.com/50832326/covid-wont-hold-us-back-asean-meeting-agrees/

Sub-decree outlines Covid measures

Prime Minister Hun Sen on March 31 issued a sub-decree detailing administrative measures to contain the spread of Covid-19, including potential travel restrictions, public gathering, curfew, and lockdown to certain areas, among others.   ...

Mom Kunthear
https://www.phnompenhpost.com/national/sub-decree-outlines-covid-measures

Pricing talks on wind energy project underway

State-run Electricité du Cambodge (EDC) and Singapore-based The Blue Circle are in preliminary talks on the price of wind generated power, as senior officials place high hopes for having the renewable energy factor into the nation’s energy mix soon. ...

Chea Vanyuth
https://www.khmertimeskh.com/50832275/pricing-talks-on-wind-energy-project-underway/

Hunt for suspects continues after Preah Sihanouk sea restored

Stung Hav district authorities in Preah Sihanouk province have removed soil that was dumped into the sea along the coast to create new land in an area without authorisation and are working to determine the identity of the responsible parties.   ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/hunt-suspects-continues-after-preah-sihanouk-sea-restored

SINET, Philippine firm team up for telecoms solutions

The Philippines’ PLDT Global Corp (PGC) unveiled a new partnership with Cambodia’s SINET, a registered trademark of SI Group Co Ltd, to broaden its regional footprint and supply technology solutions that help the local telecoms service provider’s customers stream more seamlessly. ...

Thou Vireak
https://www.phnompenhpost.com/business/sinet-philippine-firm-team-telecoms-solutions

NGOs: Reorient mining fund provisions

OXFAM Cambodia and the NGO Affiliated Network for Social Accountability (ANSA) will jointly implement a project aimed at providing input to the government’s mineral resource development fund.   ...

Long Kimmarita
https://www.phnompenhpost.com/national/ngos-reorient-mining-fund-provisions

Locally-made electric auto-rickshaw on sale by end of 2021, maker says

Onion Mobility Co Ltd has unveiled a bunch of prototypes of its upcoming Onion T1 electric auto-rickshaw, to be produced domestically and put on sale within the year. The prototypes were flown in last week from South Korea and showcased publicly on March 28. ...

Hin Pisei
https://www.phnompenhpost.com/business/locally-made-electric-auto-rickshaw-sale-end-2021-maker-says

CDC greenlights five projects worth $1.3B

The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b

Youth group claims illegal loggers have raided Roka

A senior Ministry of Environment official has rejected the Cambodian Youth Network (CYN) report detailing 100 illegal logging incidents they claim took place in early 2021 in Prey Preah Roka Wildlife Sanctuary in Preah Vihear province. ...

Lay Samean
https://www.phnompenhpost.com/national/youth-group-claims-illegal-loggers-have-raided-roka

700K China jabs to land Mar 31

A total of 700,000 doses of the Sinopharm Covid-19 vaccine donated by China are expected to arrive in Cambodia on March 31 with 400,000 to be administered by the Ministry of Health and 300,000 by the Ministry of National Defence.   ...

Mom Kunthear
https://www.phnompenhpost.com/national/700k-china-jabs-land-mar-31

NEC pilot elections on May 23 employ tech to test system’s accuracy

The National Election Committee (NEC) plans to hold a pilot election on May 23 to test the accuracy of registered political parties, candidate and voter lists, and vote counting using information technology. The election is in preparation for the upcoming commune and national elections set ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/nec-pilot-elections-may-23-employ-tech-test-systems-accuracy

Communes added to Kampot’s Bokor town

Prime Minister Hun Sen has decided to create Bokor town in Kampot province’s Bokor area by combining three communes from the province’s Teuk Chhou district to ease administration and aid development. ...

Nov Sivutha
https://www.phnompenhpost.com/national/communes-added-kampots-bokor-town

Duty-free access to Vietnam for 31 tariff lines

Thirty-one Cambodian tariff lines – mostly agricultural products – now carry the zero rate to neighbouring Vietnam for 2021-2022, the Ministry of Commerce announced on March 25. ...

Thou Vireak
https://www.phnompenhpost.com/business/duty-free-access-vietnam-31-tariff-lines

Covid fails to sour palm sugar’s sweet market

Minimal disruption to production chains and booming demand is sweet news for suppliers of geographical-indication- (GI) certified palm sugar. According to Saroeun, members can produce 250 tonnes of the commodity per season in December-May. He said KSPSPA’s 10 member companies exported a total of 70 ...

Thou Vireak
https://www.phnompenhpost.com/business/covid-fails-sour-palm-sugars-sweet-market

Gov’t rolls out eighth round of relief measures

The private sector rejoiced as the government on March 25 announced its eight round of measures to keep businesses afloat and stimulate economic growth as the Kingdom grapples with surging novel coronavirus infections. ...

May Kunmakara
https://www.phnompenhpost.com/business/govt-rolls-out-eighth-round-relief-measures

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