Khmer Times

Long-awaited RCEP signing ‘bodes well for economic upturn’

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/

Cambodia-South Korea trade valued at $661 million in first three quarters

Bilateral trade between Cambodia and the Republic of Korea was valued at $661 million in the first three quarters of this year, a year-on-year decrease of 15 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/50782674/cambodia-south-korea-trade-valued-at-661-million-in-first-three-quarters/

First application for Growth Board IPO coming this month

The Cambodia Securities Exchange (CSX) is set to receive its first-ever initial public offering (IPO) approval application for a company to list on its Growth Board in more than five years since the secondary board was first launched. ...

Harrison White
https://www.khmertimeskh.com/50782645/first-application-for-growth-board-ipo-coming-this-month/

Journey to circular economy model is ‘well under way’

The government is currently preparing policy and strategy that will promote the circular economy model to the business, investment and local environmental communities. ...

Sok Chan
https://www.khmertimeskh.com/50782648/journey-to-circular-economy-model-is-well-under-way/

Directive on work conditions issued

The Ministry of Commerce together with the Ministry of Labour and Vocational Training has issued a joint directive on the implementation of the Better Factory Cambodia (BFC) project in export-oriented factories in the textile, garment and travel goods and bags sector. ...

Sok Chan
https://www.khmertimeskh.com/50782279/directive-on-work-conditions-issued/

Possibility of second C-19 wave causes deep concern

Business activities, especially tourism-related services, have started to see the impact of the fear of a potential second wave of COVID-19. ...

Sorn Sarath
https://www.khmertimeskh.com/50781586/possibility-of-second-c-19-wave-causes-deep-concern/

Clean Energy Week 2020

Clean Energy Week 2020 starts today with several events from now until November 19. The purpose is to engage and promote clean energy in Cambodia for sustainable development, economic productivity and innovation. ...

Jason Boken
https://www.khmertimeskh.com/50782281/clean-energy-week-2020/

Belarus seeks to expand cooperation with Cambodia

Belarus President Aleksandr Lukashenko has extended greetings to King Norodom Sihamoni of Cambodia as the country celebrates Independence Day, according to the press service of the Belarusian leader. ...

Khmer Times Staff
https://www.khmertimeskh.com/50781350/belarus-seeks-to-expand-cooperation-with-cambodia/

Cambodia not to declare the state of emergency

Cambodia will not declare the state of emergency with the current situation of COVID-19 transmission in the country, stressed Prime Minister Hun Sen in a voice message Monday evening.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50781339/cambodia-not-to-declare-the-state-of-emergency/

Illegal loggers clear 30 hectares of forest in Mondulkiri province

Illegal loggers have cleared 30-hectares of community forest land, close to the site of thousands of natural stone pillars in Mondulkiri province, felling hundreds of trees and leaving the area barren. ...

Tith Kongnov
https://www.khmertimeskh.com/50781262/illegal-loggers-clear-30-hectares-of-forest-in-mondulkiri-province/

Cambodia exports more than 1.5 million bicycles in first nine months

Over 1.5 million units of Cambodian bicycles have been exported to foreign markets as of the third quarter of this year, generating nearly $400 million, according to figures from the Ministry of Commerce. ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50779897/cambodia-exports-more-than-1-5-million-bicycles-in-first-nine-months/

SME Bank of Cambodia open for business

The Small and Medium Enterprise (SME) Bank of Cambodia will commence banking operations today. The bank has a mission to provide financing and commercial banking services in an effective and sustainable manner to support local small and medium enterprises with an objective to increase economic ...

Sok Chan
https://www.khmertimeskh.com/50780008/sme-bank-of-cambodia-open-for-business/

Securities Exchange Commission says there is no lack of auditors

The Securities Exchange Commission of Cambodia (SECC) has responded to concerns that a lack of licensed auditors may be affecting listed companies’ ability to submit interim financial results in full and on time to the market regulator. ...

Harrison White
https://www.khmertimeskh.com/50780007/securities-exchange-commission-says-there-is-no-lack-of-auditors/

Kingdom and Hungary pledge more trade

Cambodia- and Hungary have pledged to boost economic and trade cooperation especially in the agriculture sector development. In the past bilateral trade between the two countries has been relatively small. ...

Sorn Sarath
https://www.khmertimeskh.com/50779984/kingdom-and-hungary-pledge-more-trade/

Figures on flood-damaged paddies across nation released

More than 290,000 hectares of paddy fields were inundated and over 87,000 hectare of paddy fields were damaged across the country as of Oct 27 because of flash flooding, according to a  report from the National Committee for Disaster Management (NCDM). ...

Sok Chan
https://www.khmertimeskh.com/50779985/figures-on-flood-damaged-paddies-across-nation-released/

Ministry says illegal forest encroachment continues to increase across Kingdom

The Ministry of Environment has said that illegal encroachment on protected forest land continues to increase, however, large-scale timber logging activities have been prevented. ...

Tith Kongnov
https://www.khmertimeskh.com/50779766/ministry-says-illegal-forest-encroachment-continues-to-increase-across-kingdom/

Hungary reopens embassy office in Cambodia after 25 years

Hungary has officially reopened its Embassy office in the Kingdom after 25 years of closure in a bid to boost cooperation and ties between the two countries. ...

Ry Sochan
https://www.khmertimeskh.com/50779350/hungary-reopens-embassy-office-in-cambodia-after-25-years/

PM, Ministers in self-quarantine

Prime Minister Hun Sen announced yesterday that he has gone into self-quarantine after reports that Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó who visited Cambodia on Tuesday reportedly tested positive for COVID-19. ...

Khann Chanvirak
https://www.khmertimeskh.com/50779763/pm-ministers-in-self-quarantine/

Ministry rejects NGOs claim of media oppression

The Ministry of Information issued a statement yesterday to address the concerns of Non-Governmental Organisations (NGOs) regarding press freedom in Cambodia, saying they are trying to mislead the public. ...

Sen David
https://www.khmertimeskh.com/50779352/ministry-rejects-ngos-claim-of-media-oppression/

70 percent decline in Malaria cases

The Ministry of Health announced yesterday that in the first nine months of this year, there has been a 70 percent decrease in malaria cases when compared to the same period last year. ...

Som Kanika
https://www.khmertimeskh.com/50779318/70-percent-decline-in-malaria-cases/

Ministry reports progress in climate change fight

The Ministry of Environment yesterday warned that climate change is seriously affecting the lives of Cambodians through increasing natural disasters like floods, which impact the economy, society and security. ...

Tith Kongnov
https://www.khmertimeskh.com/50779262/ministry-reports-progress-in-climate-change-fight/

Over 5,000 tonnes of rice seeds to be distributed to flood hit farmers

Ministry of Agriculture, Forestry, and Fisheries (MAFF) has estimated that more than 5,000 tonnes of rice seeds will be used for distribution to flood-stricken farmers, as 1,000 tonnes have been already distributed so far. ...

Khmer Times Staff
https://www.khmertimeskh.com/50779412/over-5000-tonnes-of-rice-seeds-to-be-distributed-to-flood-hit-farmers/

Rice exports hindered by a number of factors, says an insider

In 2015, the government set a target for 1 million tonnes of rice exports by 2020. It will miss it this year with an expected 800,000 tonnes and has reset it for next year. ...

Sorn Sarath
https://www.khmertimeskh.com/50779265/rice-exports-hindered-by-a-number-of-factors-says-an-insider/

Royal Railway and Cambodian government talks still on track

Negotiations are still under way between Royal Railway Cambodia and the Cambodian Government on implementing a new concession agreement designed to improve Cambodia’s railway systems as well as keeping the infrastructure running in an orderly manner.​ ...

Jason Boken
https://www.khmertimeskh.com/50779061/royal-railway-and-cambodian-government-talks-still-on-track/

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