News
Ministry reports increased COVID-19 national recovery figure
The Health Ministry yesterday reported two COVID-19 patients have recovered, raising the national recovery figure to 25. ...
Khuon Narim
https://www.khmertimeskh.com/50708513/ministry-reports-increased-covid-19-national-recovery-figure/
PM donates seven month’s salary to fight COVID-19
Prime Minister Hun Sen today announced he will donate seven months’ of his salary to the National Committee for Combating COVID-19. ...
Ben Sokhean
https://www.khmertimeskh.com/50708368/pm-donates-seven-months-salary-to-fight-covid-19/
Cambodia receives $2 million from US to fight COVID-19
The United States State Department on Tuesday issued a statement noting the US gave $2 million last month for the Kingdom’s fight against COVID-19. ...
Srey Kumneth
https://www.khmertimeskh.com/50708506/cambodia-receives-2-million-from-us-to-fight-covid-19/
Only ‘legal’ SMEs to benefit from aid package: Ministry
The $800 million to $2 billion COVID-19 stimulus package announced by Prime Minister Hun Sen last month will only be given to those businesses that are legally registered and are formally verified, the Ministry of Economy and Finance has said. ...
Harrison White
https://www.khmertimeskh.com/50708031/only-legal-smes-to-benefit-from-aid-package-ministry/
Exports of farm goods hit 3m in Q1 this year
Cambodia exported a total of 2,936,992 tonnes of agricultural commodities and products to the international markets during the first quarter of the year. Increasing 20 percent from the same period last year, according to a report from the Ministry of Agriculture, Forestry and Fisheries released ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50708403/exports-of-farm-goods-hit-3m-in-q1-this-year/
A serious concern: Cambodians’ $8 billion microfinance debt
Impending COVID-19 health measures and high levels of micro debt pose a serious concern for the approximately 2.4 million Cambodians with a combined outstanding debt of $8 billion, according to a World Bank report released this week. ...
Harrison White
https://www.khmertimeskh.com/50708402/a-serious-concern-cambodians-8-billion-microfinance-debt/
Senate posed to sign off on 1,000 mW power project
The Senate will convene today for an extraordinary session to discuss the approval of three new power plants which will cumulatively generate nearly 1,000 mW. ...
Chea Vannak
https://www.khmertimeskh.com/50708399/senate-posed-to-sign-off-on-1000-mw-power-project/
Rice stockpile boosted in face of continuing Coronavirus threat
The Cambodian government has been looking to secure a stockpile of milled rice to ensure a sufficient domestic supply of the staple. ...
Chea Vannak
https://www.khmertimeskh.com/50708400/rice-stockpile-boosted-in-face-of-continuing-coronavirus-threat/
Big fall in petrol prices
Cambodia’s retail gasoline price has strongly declined for the first time because of the fall on the international market, according to the monthly oil prices set by the Ministry of Commerce revealed yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/50708398/big-fall-in-petrol-prices/
NGO urges closure of Kampong Speu logging roads
Environmental watchdog ACNCIPO director Chea Hean has requested the service of Kampong Speu provincial officials to help close logging roads in the Phnom Oral Wildlife Sanctuary and the Central and Southern Cardamom National Parks. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ngo-urges-closure-kampong-speu-logging-roads
Ministry: No plans to revise 6% economic growth forecast
The government is evaluating the current economic situation and monitoring the impact of the ongoing Covid-19 pandemic to determine whether to adjust its six per cent projection for economic growth this year, Ministry of Economy and Finance spokesman Meas Sok Sensan said on Wednesday. ...
Long Kimmarita
https://www.phnompenhpost.com/business/ministry-no-plans-revise-6-economic-growth-forecast
Coronavirus pandemic prove catastrophic for tour guides
The tourism industry has always been considered as a major player in the rapid economic growth of the Kingdom. However, in the first quarter of 2020, the typically booming industry was abruptly brought to its knees due to COVID-19. ...
Som Kanika
https://www.khmertimeskh.com/50708507/coronavirus-pandemic-prove-catastrophic-for-tour-guides/
Cambodia-U.S trade volume up by 33 percent to US$585 million in January
Bilateral trade between Cambodia and the U.S. were valued at US$585 million in January 2020, up 33 percent compared to the same period last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50708596/cambodia-u-s-trade-volume-up-by-33-percent-to-us585-million-in-january/
Pandemic brings real estate activity to near nil
The value of Cambodian real estate has not shown signs of decline in recent weeks, despite the Covid-19 pandemic bringing market activity to a virtual standstill, industry insiders said on Wednesday. ...
Hin Pisei
https://www.phnompenhpost.com/post-property/pandemic-brings-real-estate-activity-near-nil
Measure to offset tourism sector wages amid virus: Government
The government announced on Tuesday a measure to assist minimum wage workers employed in the tourism sector amid COVID-19 fears. ...
Sen David
https://www.khmertimeskh.com/50708509/measure-to-offset-tourism-sector-wages-amid-virus-government/
New Justice Minister vows reforms and speedier trial procedures
Interior Minister Sar Kheng yesterday urged newly appointed Justice Minister Keut Rith to improve the judiciary and expedite resolution of pending cases to boost the public’s confidence towards the country’s judicial system. ...
Khuon Narim
https://www.khmertimeskh.com/50708544/new-justice-minister-vows-reforms-and-speedier-trial-procedures/
‘Logging rampant despite pandemic’
Forest activists claimed they had observed more cases of deforestation in the Prey Lang area than before the Covid-19 outbreak. They alleged that three companies had sent workers to log and transport timber with no crackdown by the relevant authorities. ...
Khorn Savi
https://www.phnompenhpost.com/national/logging-rampant-despite-pandemic
Ports: Strong growth in 2019
Cambodia’s two key listed autonomous ports reported strong business performance last year before the ongoing Covid-19 pandemic which is currently ravaging the transport sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/ports-strong-growth-2019
Gov’t offers tax exemption
The government has issued a three-month minimum tax exemption for the aviation sector and an exemption on all types of monthly taxes for tourism operators, it said in a press release on Tuesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-offers-tax-exemption
Contract farming law in the pipeline
The Cambodian Government has put the wheels in motion to create a contract farming law together with the purpose of stabilising agricultural commodity prices. It is also aimed at attracting investors and promoting public, private and producer partnerships in the Kingdom. ...
Sok Chan
https://www.khmertimeskh.com/50708026/contract-farming-law-in-the-pipeline/
Sun still shines brightly on nation’s solar plans
Despite the COVID-19 pandemic effectively pressing the pause button on many upcoming construction projects in the country, four major solar projects are still on schedule and expected to start generating power to the grid by the end of 2020. ...
Chea Vannak
https://www.khmertimeskh.com/50708027/sun-still-shines-brightly-on-nations-solar-plans/
Vietnam invests $9.5 million in Cambodia
Cambodia was recorded as the third largest recipient of Vietnamese investment during the first quarter of this year, according to a report released by the Foreign Investment Agency under the Ministry of Planning and Investment in Vietnam. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50708029/vietnam-invests-9-5-million-in-cambodia/
World Bank advises urgent measures to avoid serious financial shock and recession
The World Bank has released several urgent recommendations to Cambodia and other countries in the East Asia Pacific, stating governments need to act quickly, cooperatively and at scale to avoid serious financial shock and recession due to the COVID-19 outbreak. ...
GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects
Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...
Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/