Khmer Times
Japanese investments in Cambodia
Cambodia and Japan have just held the 20th Cambodia-Japan Public-Private Sector Meeting under the agreement for the liberalisation, promotion and protection of investment. This is the only bilateral mechanism between the two countries to promote diplomatic, economic, trade and investment cooperation. ...
Sorn Sarath
https://www.khmertimeskh.com/50763633/japanese-investments-in-cambodia/
Industry to promote sustainable energy
The Garment Manufacturers Association of Cambodia in collaboration with the Global Green Growth Institute (GGGI) and GERES – the Group for the Environment, Renewable Energy and Solidarity, an international development nongovernmental organisation set up in Marseille in 1976 – is jointly implementing the project called ...
Sok Chan
https://www.khmertimeskh.com/50763442/industry-to-promote-sustainable-energy/
Capital market grows in face of Coronavirus
While some sectors in the country have been hit by the COVID-19 pandemic this year, the capital market in contrast saw growth in terms of listing companies and investors, said Sou Socheat, director-general of the Securities and Exchange Commission of Cambodia (SECC). ...
Sok Chan
https://www.khmertimeskh.com/50763658/capital-market-grows-in-face-of-coronavirus/
Going nuts for cashews
The Cambodian government together with nongovernmental organisations (NGOs), the private sector and farmers are joining hands to develop the cashew industry by establishing a Cambodia Cashew Federation (CCF) to commercialise the sector internationally. ...
Sorn Sarath
https://www.khmertimeskh.com/50763659/going-nuts-for-cashews/
Government continues to battle COVID-19 with $78 million distributed so far
The Ministry of Economy and Finance has announced that the government has so far distributed $78 million to poor families suffering from the pandemic. ...
Cambodia’s COVID-19 situation: No new case for 11 consecutive days and no active case
Cambodia this morning reported that the last remaining COVID-19 patient, an 18-year-old Indonesian male, has been successfully treated and discharged from hospital. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763149/cambodias-covid-19-situation-no-new-case-for-11-consecutive-days-and-no-active-case/
Promoting Cambodia’s Digital Higher Education
The Ministry of Education, Youth and Sports in cooperation with the International Centre for Higher Education Innovation of UNESCO (UNESCO-ICHEI) in Shenzhen is advancing higher education in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763067/promoting-cambodias-digital-higher-education/
Next year’s minimum wage set at $190
The National Council on Minimum Wage has set the 2021 minimum wage at $190 per month for workers in the textile, garment, and footwear industries, according to the Ministry of Labour. ...
Dina Huon
https://www.khmertimeskh.com/50762874/next-years-minimum-wage-set-at-190/
Kantha Bopha Foundation sees decrease in donations
The Kantha Bopha Foundation has reported a 20 percent decrease in donations within the first eight months of this year, compared to 2019. ...
Sok Srey Lux
https://www.khmertimeskh.com/50762935/kantha-bopha-foundation-sees-decrease-in-donations/
Trials and tribulations of entrepreneurship
A lot of young Cambodian adults now want to operate their own business rather than working for others. This trend has been rising year-on-year because they think working for themselves would help them become rich rapidly. ...
Sok Chan
https://www.khmertimeskh.com/50763049/trials-and-tribulations-of-entrepreneurship/
Phase 4 pipeline installation ready for flood protection
The underground installation of the interceptor pipeline system has been completed for the Phnom Penh Flood Protection and Drainage Improvement Project Phase 4. Meanwhile, the rest of the construction is on track and expected to be fully complete by 2021, according to Japan International Cooperation ...
Jason Boken
https://www.khmertimeskh.com/50763050/phase-4-pipeline-installation-ready-for-flood-protection/
Cambodia gets $127.8 million ADB loan to help expand power grid
The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763156/cambodia-gets-127-8-million-adb-loan-to-help-expand-power-grid/
Foreign investors complain about the Kingdom’s business strictures
Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN. ...
Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/
Germany pledges to support SME sector
The German government has pledged to support Cambodia’s small and medium enterprise (SME) sector to be more competitive, focusing on the agro-industry and food processing. ...
Sorn Sarath
https://www.khmertimeskh.com/50762872/germany-pledges-to-support-sme-sector/
Cashew nut prices in decline
Cambodia’s cashew nut prices slightly dropped because of border closures caused by the COVID-19 pandemic, although some goods are being let through. ...
Kuch Nithatevy
https://www.khmertimeskh.com/50762676/cashew-nut-prices-in-decline/
Business cluster to boost economy
The $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure. ...
Sok Chan
https://www.khmertimeskh.com/50762433/business-cluster-to-boost-economy/
Grim findings on wages after COVID-19 struck
A nationwide COVID-19 economic impact study has found that overall salaries across Cambodia have decreased by around 30 percent in just four months (between January and April this year) with entertainment and sex workers reporting an 85 percent decline in income. ...
Harrison White
https://www.khmertimeskh.com/50762432/grim-findings-on-wages-after-covid-19-struck/
Good news for clean-energy traffic
TADA, Cambodia’s fastest-growing ride-hailing app, plans to invest $20 million to produce electric tuktuks within the framework of clean energy development. ...
Jason Boken
https://www.khmertimeskh.com/50762627/good-news-for-clean-energy-traffic/
Fragrant rice market promising
The price of Cambodia’s premium fragrant rice export market is promising compared with Thailand and Vietnam’s, according to a rice exporter. ...
Sok Chan
https://www.khmertimeskh.com/50761985/fragrant-rice-market-promising/
Draft of Siem Reap Tourism Development Master Plan to be finalised next month
The draft of Siem Reap tourism development master plan for 2020-2035 will be finalised in October this year, and submitted to the Council of Ministers for approval. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50762205/draft-of-siem-reap-tourism-development-master-plan-to-be-finalised-next-month/
Book published on history of Kingdom’s microfinance industry
National Bank of Cambodia yesterday launched a book called “Building Inclusive Finance”. It traces the development of microfinance in Cambodia from its origins in rural development programmes in the early 1990s to the globalised industry it is today. The book was written by Ron Bevacqua, ...
Sok Chan
https://www.khmertimeskh.com/50762147/book-published-on-history-of-kingdoms-microfinance-industry/
Weekend market to be extended to other targeted provinces
The Weekend Market, one of the major activities of Accelerating Inclusive Markets for Smallholders (AIMS) project, will be extended to other targeted provinces and Phnom Penh capital in the near future, to promote local agro-commercial products. ...
Nika/AKP
https://www.khmertimeskh.com/50761683/weekend-market-to-be-extended-to-other-targeted-provinces/
Applications for mining rights open
The Ministry of Mines and Energy has opened applications for both national and international companies to apply for licensing rights in two mining concession areas. ...
Huon Dina
https://www.khmertimeskh.com/50762061/applications-for-mining-rights-open/
Government committee to assist journalists holds first meeting
Minister of Information, Khieu Kanharith, yesterday held the first meeting with government lawyers to examine issues that journalists face in Cambodia, following an announcement in February of a commitment to assist journalists facing litigation. ...
Sen David
https://www.khmertimeskh.com/50761986/government-committee-to-assist-journalists-holds-first-meeting/