News

Trade with EAEU surges 18%

Bilateral trade between Cambodia and the Eurasian Economic Union (EAEU) was worth $67.37 million last year, marking an increase of 18.22 per cent compared to 2019’s $56.98 million, according to data from the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/trade-eaeu-surges-18

Vehicle import duty cuts proposed

Minister of Economy and Finance Aun Pornmoniroth has proposed an adjustment on vehicle import duty, to be effective from March 1, to revive the market and buttress the logistics sector after customs clearance revenue on vehicles fell by 40 percent in 2020 from a year ...

Thou Vireak
https://www.phnompenhpost.com/business/vehicle-import-duty-cuts-proposed

CDC approved 238 investment projects worth $8.2B last year

The Council for the Development of Cambodia (CDC) approved 238 investment projects worth a total of $8.2 billion last year, down 12 per cent from 2019, according to a CDC press statement. ...

Thou Vireak
https://www.phnompenhpost.com/business/cdc-approved-238-investment-projects-worth-82b-last-year

EDF 2021 strategic framework approved at board meeting

The eighth Entrepreneurship Development Fund (EDF) Board of Directors Meeting yesterday reviewed and approved its medium-term strategic framework and annual work plan and budget for 2021. ...

Sok Chan
https://www.khmertimeskh.com/50813028/edf-2021-strategic-framework-approved-at-board-meeting/

Leveraging digital technologies key to Asia’s COVID-19 recovery – ADB

Digital platforms and other technology-based tools are providing new growth opportunities for businesses of all sizes and across all industries in Asia and the Pacific (including Cambodia). ...

Khmer Times Staff
https://www.khmertimeskh.com/50812909/leveraging-digital-technologies-key-to-asias-covid-19-recovery-adb/

BAKC vows to expand pro bono legal services

The Bar Association of the Kingdom of Cambodia (BAKC) has vowed to expand the scope of pro bono defence consultations for the poor and called on lawyers around the country to participate in serving social justice and contribute to reducing the effects of poverty. ...

Lay Samean
https://www.phnompenhpost.com/national/bakc-vows-expand-pro-bono-legal-services

Delayed new casino confirms opening target

Century Entertainment has confirmed the opening target  and relocation  of a new casino to Dara Sakor. The project had been delayed since January. The delay was down to pandemic related business conditions including logistics problems in the delivery of essential equipment.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50812067/delayed-new-casino-confirms-opening-target/

Path to high value-added aquaculture sector studied

A study has been undertaken to look at the upgrading of fishery businesses in Battambang and Kampong Chhnang provinces. Those upgrades could then be replicated in other provinces in the country. ...

Sok Chan
https://www.khmertimeskh.com/50811787/path-to-high-value-added-aquaculture-sector-studied/

New Siem Reap airport construction confirmed as on schedule

Angkor International Airport Investment (Cambodia) has confirmed that its new airport construction will finish as planned in 2023, despite the ongoing COVID-19 pandemic. ...

Chea Vanyuth
https://www.khmertimeskh.com/50812043/new-siem-reap-airport-construction-confirmed-as-on-schedule/

Kingdom is bolstering its logistics in anticipation of string of FTAs

With five free trade agreements (FTAs) on the docket this year, Cambodia is bolstering its logistics network in anticipation of the deals. To that end, last month the Prime Minister approved the immediate upgrade of the Stung Bot, Bavet and Poipet  checkpoints. ...

Husain Haider
https://www.khmertimeskh.com/50811861/kingdom-is-bolstering-its-logistics-in-anticipation-of-string-of-ftas/

Cambodia Post Bank authorised to collect taxes

Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...

Post Staff
https://www.phnompenhpost.com/business/cambodia-post-bank-authorised-collect-taxes

Large-scale farm survey released

The latest Cambodia Inter-censal Agriculture Survey 2019 (CIAS 2019) noted that 88 per cent of household agricultural holdings engaged in crop activity, while 75 per cent reported raising livestock, poultry or insects. ...

May Kunmakara
https://www.phnompenhpost.com/business/large-scale-farm-survey-released

Construction of Koh Kong airport project postponed

Construction of an international airport in Koh Kong province with $40 million capital investment has been postponed until the Covid-19 situation eases, according State Secretariat of Civil Aviation (SSCA) spokesman Sin Chansereyvutha. ...

Thou Vireak
https://www.phnompenhpost.com/business/construction-koh-kong-airport-project-postponed

Skyrocketing shipping costs threaten exports

The Kingdom’s exporters have expressed deepening concerns about spiraling shipping costs, which could diminish this year’s trade figures if prolonged. ...

Hin Pisei
https://www.phnompenhpost.com/business/skyrocketing-shipping-costs-threaten-exports

Kingdom vows to reduce emissions

Cambodia is focusing mainly on reducing greenhouse gas emissions to meet the country’s goal of reducing its emissions by 21 million tonnes per year in order to combat climate change, according to Ministry of Environment spokesman Neth Pheaktra. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/kingdom-vows-reduce-emissions

Bursting at the seams: Quarantine centres nearing full capacity with returnees

 The continuing deluge of Cambodian returnees from Thailand has compelled Oddar Meanchey and Battambang provinces to look for additional venues for quarantine and or building additional ones.​ ...

Tith Kongnov
https://www.khmertimeskh.com/50812272/bursting-at-the-seams-quarantine-centres-nearing-full-capacity-with-returnees/

Over 10,000 Cambodian products can be exported to China under CCFTA

Under the Cambodia-China Free Trade Agreement (CCFTA), Cambodia can export more than 10,000 items to China, which in turn could export over 8,000 items to Cambodia ...

Khmer Times Staff
https://www.khmertimeskh.com/50812421/over-10000-cambodian-products-can-be-exported-to-china-under-ccfta/

Agriculture Ministry lifts ban on farmed fish imported from Vietnam

The Ministry of Agriculture has removed the temporary ban on the import of four kinds of farmed fish and fishery products from Vietnam. ...

Chea Vanyuth
https://www.khmertimeskh.com/50812385/agriculture-ministry-lifts-ban-on-farmed-fish-imported-from-vietnam/

A 14.5kg critically endangered Cantor’s Giant Softshell Turtle released into the wild

The WCS Turtle Conservation Team and Community Fishery have recently released a critically endangered Cantor’s Giant Softshell Turtle into the wild safely. ...

Khmer Times Staff
https://www.khmertimeskh.com/50811903/a-14-5kg-critically-endangered-cantors-giant-softshell-turtle-released-into-the-wild/

Call for all lawyers to provide free services to the poor

The Bar Association of the Kingdom of Cambodia (BAKC) has issued a letter calling on all lawyers to volunteer free legal services to the poor. ...

Sen David
https://www.khmertimeskh.com/50811786/call-for-all-lawyers-to-provide-free-services-to-the-poor/

Concern over bird hunting in Ratanakiri

Non-governmental organisation BirdLife International Cambodian Programme has expressed concern over threats to wetlands wildlife in Lumphat district of Ratanakiri province as more birds are being captured for human consumption in the dry season. ...

Rhea Mae Soco
https://www.khmertimeskh.com/50811889/concern-over-bird-hunting-in-ratanakiri/

Fires torch property, forests

In the first week of February, fires in Phnom Penh and Pursat injured three people, ravaged two warehouses and damaged one school building with two cows inside killed. Wildfires in Siem Reap and Battambang provinces also burned over 100ha of protected forests.​ ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fires-torch-property-forests

Ouch Leng, four other forestry activists released

After three days of questioning by Kratie Provincial Court and the provincial Environment Department, Ouch Leng and four other forestry activists were released yesterday. ...

Buth Sela
https://www.khmertimeskh.com/50811875/ouch-leng-four-other-forestry-activists-released/

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