Khmer Times

UNDP push for gov’t bonds as investors request good returns

The United Nations Development Programme (UNDP) has renewed calls for the Cambodian government to issue sovereign bonds in riels to underpin the government’s effort on de-dollarisation and protect the economy against external shocks. ...

Harrison White
https://www.khmertimeskh.com/50786840/undp-push-for-govt-bonds-as-investors-request-good-returns/

MoC conducts workshop on Law on Consumer Protection

The Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organizations.​ ...

Sok Chan
https://www.khmertimeskh.com/50786648/moc-conducts-workshop-on-law-on-consumer-protection/

Indications of new strength in bilateral trade with Thailand

It was announced this week that Cambodia will soon establish a representative office, the Cambodia Business Council Centre (CBCC), in Thailand’s capital in a bid to facilitate trade and business activities between the two kingdoms. ...

Jason Boken
https://www.khmertimeskh.com/50786411/indications-of-new-strength-in-bilateral-trade-with-thailand/

Insurance market continues to grow amidst COVID-19

The total insurance market premium reached $201.7 million as of the third quarter of this year, an increase of 8.2 percent over the same period in 2019. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50785948/insurance-market-continues-to-grow-amidst-covid-19/

Food safety forum chews over challenges

Among all of the industries affected by the pandemic, perhaps the food industry is one of the least surprising. Heavily interconnected with the tourism industry – particularly in hotspots such as Siem Reap and the capital – falling footfall and partial lockdowns have been biting. ...

Tom Starkey
https://www.khmertimeskh.com/50785811/food-safety-forum-chews-over-challenges/

Kingdom’s fight goes on against HIV/AIDS

Despite progress in the fight against HIV/AIDS, Cambodia still faces challenges in its bid to prevent new infections.​ ...

Sar Socheath
https://www.khmertimeskh.com/50785480/kingdoms-fight-goes-on-against-hiv-aids/

More than 2,000 voter registration observers approved by NEC

More than 2,000 national observers have been approved by the National Election Committee (NEC) to observe the 2020 voter list and voter registration process. ...

Ry Sochan
https://www.khmertimeskh.com/50785510/more-than-2000-voter-registration-observers-approved-by-nec/

Ministry of Health initialises three-stage protocol for delegations

A new three-stage protocol was announced yesterday by the Ministry of Health for any meetings with the King and Queen Mother, as well as meeting with Prime Minister Hun Sen, Heng Samrin, president of the National Assembly and Say Chhum, president of the Senate. ...

Khann Chanvirak
https://www.khmertimeskh.com/50785807/ministry-of-health-initialises-three-stage-protocol-for-delegations/

US provides additional $600,000 in flood relief for families and communities

The United States, through the US Agency for International Development (USAID), yesterday provided $600,000 in humanitarian assistance to support the flood-response in Cambodia. ...

Sen David
https://www.khmertimeskh.com/50785808/us-provides-additional-600000-in-flood-relief-for-families-and-communities/

$91 million needed to repair flood-damaged infrastructure

The Ministry of Rural Development has estimated that $91 million is needed to fix roads and water pumps damaged by recent floods. ...

Tith Kongnov
https://www.khmertimeskh.com/50785842/91-million-needed-to-repair-flood-damaged-infrastructure/

27 startups and SMEs chosen for special government grants

Khmer Enterprise (KE) yesterday signed grant agreements with 27 startups and small and medium enterprises (SMEs) for the first and second Khmer Enterprise Assistance Package programme, responding to the challenges and impacts of the COVID-19 pandemic on Cambodian entrepreneurs. ...

Sok Chan
https://www.khmertimeskh.com/50785809/27-startups-and-smes-chosen-for-special-government-grants/

SECC launches excellence programme 2

The Securities and Exchange Commission of Cambodia (SECC) launched here on Nov. 23 the “Excellence Programme 2” to help small- and medium-sized enterprises prepare for stock market listing. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50785547/secc-launches-excellence-programme-2/

WHO praises Cambodia’s rating among top nations of best COVID-19 containment

The World Health Organisation (WHO) has welcomed and praised Cambodia for being ranked among the top nations with the best COVID-19 containment and impact management. ...

Khmer Times Staff
https://www.khmertimeskh.com/50785009/who-praises-cambodias-rating-among-top-nations-of-best-covid-19-containment/

Australia providing $24 million for Indo-Pacific fight against infectious diseases

Australia will set aside $24 million of its investment in The Global Fund to directly support countries in the Indo-Pacific region, including Cambodia, to fight against infectious diseases. ...

Ry Sochan
https://www.khmertimeskh.com/50784956/australia-providing-24-million-for-indo-pacific-fight-against-infectious-diseases/

Mekong Dolphin, a national treasure of Cambodia

Psod Kbal Trolork or Mekong dolphin or Irrawaddy dolphin (Orcaella brevirostris) is a national treasure of Cambodia which requires participation from all stakeholders in its conservation. ...

Khmer Times Staff
https://www.khmertimeskh.com/50784927/mekong-dolphin-a-national-treasure-of-cambodia/

Royal Group a step closer to new coal-fired power plant

Sinosteel Equipment Co Ltd and Royal Group wholly-owned Cambodia Bodong Shaguo Energy Co Ltd signed an Engineering, procurement, and construction (EPC) contract for the new 700 mW coal-fired power plant project. ...

Jason Boken
https://www.khmertimeskh.com/50784902/royal-group-a-step-closer-to-new-coal-fired-power-plant/

PPSP in legal dispute over power supply contract

Asiatic Group (Holdings) Ltd (AGHL), a Singapore Exchange listed company, has started arbitration proceedings against the Phnom Penh Special Economic Zone Plc (PPSP) seeking a minimum of $14.4 million in relief over a disputed power supply contract. ...

Harrison White
https://www.khmertimeskh.com/50785234/ppsp-in-legal-dispute-over-power-supply-contract/

Banks and FI loan restructuring extended until mid-2021

The National Bank of Cambodia (NBC) will allow banks and financial institutions to continue loan restructuring until mid-2021, according to a letter sent to the Association of Banks in Cambodia (ABC) and the Cambodia Microfinance Association (CMA) last week. ...

Sok Chan
https://www.khmertimeskh.com/50785076/banks-and-fi-loan-restructuring-extended-until-mid-2021/

Female fishery activists play a key role

In the Khmer folktale “Phnom Chiso Temple,” a Hindu priest gives blessings to a Khmer prince, saying: “May you be as strong as an ant, as mighty as a ghost and as decisive as a woman.” Following this as an example, after fishery communities were ...

Moeun Chhean Nariddh
https://www.khmertimeskh.com/50784633/female-fishery-activists-play-a-key-role/

Security guard shot dead over land dispute in Kampot province

A land dispute between residents and So Nguon Group Co Ltd escalated into a confrontation yesterday, leaving one security guard dead at the scene and one seriously injured. ...

Tith Kongnov
https://www.khmertimeskh.com/50784582/security-guard-shot-dead-over-land-dispute-in-kampot-province/

National Assembly to discuss seven draft laws next week

The National Assembly Permanent Committee meeting yesterday approved the resumption date of the 5th session of the 6th legislature for next Wednesday, to debate and approve seven draft laws related to the economy, trade and air transportation services. ...

Khann Chanvirak
https://www.khmertimeskh.com/50784703/national-assembly-to-discuss-seven-draft-laws-next-week/

UK to make trade preference available to least developed countries

Garment Manufacturers Association in Cambodia (GMAC) yesterday announced that developing countries which are eligible, like Cambodia, will be able to get trade preference through the United Kingdom’s Generalised Scheme of Preferences (GSP) from January 1. ...

Sen Davith
https://www.khmertimeskh.com/50784702/uk-to-make-trade-preference-available-to-least-developed-countries/

Ministry to recruit more primary and high school teachers

The Ministry of Education has announced it will recruit thousands more primary and high school teachers next year to promote the quality of public education in the Kingdom. ...

Sar Socheath
https://www.khmertimeskh.com/50784585/ministry-to-recruit-more-primary-and-high-school-teachers/

Tourism seaport project to be developed in Koh Tonsay, the Rabbit island

A tourism seaport project is unveiled to be constructed in Koh Tonsay (Rabbit Island), Kep province as the environmental and social impact assessment (ESIA) has started. Ms. Ol Phirun, Deputy Governor of Kep province, said that the tourism seaport is an ADB-backed project and a ...

Khmer Times staff
https://www.khmertimeskh.com/50784372/tourism-seaport-project-to-be-developed-in-koh-tonsay-the-rabbit-island/

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