The Phnom Penh Post

Kingdom’s oil dreams live on even after driller files for liquidation

KrisEnergy Ltd, the operator of the Apsara oil field development offshore Cambodia, has confirmed that all operations of its subsidiary in Cambodia, KrisEnergy (Cambodia) Ltd, will continue as normal, despite its parent company filing for liquidation on June 4, according to a senior official of ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdoms-oil-dreams-live-even-after-driller-files-liquidation

Fast payments in tourism to get leg-up

The Ministry of Tourism plans to spearhead a bigger push for digital technologies, particularly in rapid-payment systems, and harness next-level innovations to guide the ailing tourism sector out of its Covid nightmare and chart a prosperous post-pandemic path. ...

Thou Vireak
https://phnompenhpost.com/business/fast-payments-tourism-get-leg

Phnom Penh-Sihanoukville expressway 51% complete

The construction of the nearly $2 billion Phnom Penh-Sihanoukville Expressway is 51.35 per cent complete and is expected to be finished in 2023, according to Ministry of Public Works and Transport secretary of state Vasim Sorya.   ...

Thou Vireak
https://www.phnompenhpost.com/business/phnom-penh-sihanoukville-expressway-51-complete

FDI inflows drop 1% to $3.5B

The value of foreign direct investment (FDI) into the Kingdom registered a slight fall in 2020 amid a much sharper contraction among non-banking sectors and uncertainty over the evolution of the Covid-19 pandemic, but inflows into the financial sector remained strong. ...

May Kunmakara
https://www.phnompenhpost.com/business/fdi-inflows-drop-1-35b

UNDP, Australia pledge continued support for social welfare scheme

The UN Development Programme (UNDP) hosted a high-level online discussion for the benefit of other institutions and development partners in the region regarding key lessons learned from Cambodia’s use of Covid-19 social protection measures to support the poor and revitalise the economy.   ...

Nov Sivutha
https://www.phnompenhpost.com/national/undp-australia-pledge-continued-support-social-welfare-scheme

Cash benefits paid out to over 5,000 women who gave birth in May

In the first five months of this year, the government provided 10 billion riel ($2.46 million) through the National Social Security Fund (NSSF) to 25,867 low-income female workers who gave birth to 26,057 babies. ...

Mom Kunthear
https://www.phnompenhpost.com/national/cash-benefits-paid-out-over-5000-women-who-gave-birth-may

CCC, Japan to organise more trade meets

The Cambodia Chamber of Commerce (CCC) has renewed its support for the Japan External Trade Organisation (Jetro) in organising trade meetings between Cambodian and Japanese businesses to promote better trade cooperation between the two countries. ...

Thou Vireak
https://www.phnompenhpost.com/business/ccc-japan-organise-more-trade-meets

Investment in construction crumbles under pandemic

The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/investment-construction-crumbles-under-pandemic

Local authorities told to verify voter lists as elections approach

The National Election Committee (NEC) and the Ministry of Interior have advised capital and provincial authorities to review their voter lists and voting registrations.​   ...

Voun Dara
https://www.phnompenhpost.com/national-politics/local-authorities-told-verify-voter-lists-elections-approach

Floating-house owners, river fish farmers told to relocate

Owners of floating houses and other unofficial structures on the rivers bordering the capital were ordered by the Phnom Penh Municipal Administration to remove or relocate the structures from June 2. ...

Lay Samean
https://www.phnompenhpost.com/national/floating-house-owners-river-fish-farmers-told-relocate

Restrictions extended in provinces as Covid bites

The Koh Kong Provincial Administration decided to place 14 private residences in lockdown for a two-week period, while Kampot province has extended administrative measures in the entire province for another week to bring the Covid-19 outbreak under control. ...

Lay Samean
https://www.phnompenhpost.com/national/restrictions-extended-provinces-covid-bites

Encroachment on Tonle Sap flooded forest land persists

Battambang provincial officials said land encroachment still occurred on thousands of hectares of flooded forest land bordering Tonle Sap Lake, and authorities lacked the resources to protect these areas.   ...

Nov Sivutha
https://www.phnompenhpost.com/national/encroachment-tonle-sap-flooded-forest-land-persists

Access to information law set to be approved this year, ministry pledges

The Ministry of Information has pledged to conclude consultations with the Ministry of Justice on the draft law on access to information soon. ...

Ry Sochan
https://www.phnompenhpost.com/national/access-information-law-set-be-approved-year-ministry-pledges

Capital redesignates colour-coded zones amid resurgence of Covid-19

The Phnom Penh Municipal Administration has redesignated some areas in Russey Keo and Por Sen Chey districts as orange zones after a resurgence of Covid-19 cases there. This came as restrictions were lifted for certain orange zones in several districts after the community outbreak eased. ...

Mom Kunthear
https://www.phnompenhpost.com/national/capital-redesignates-colour-coded-zones-amid-resurgence-covid-19

Koh Kong families granted land from national park

The Koh Kong Provincial Administration has decided to grant land for housing and farming as part of the government’s land allocation policy to 131 families who have been affected by a development project of Sinomex Sim, a private firm, in Botum Sakor district’s Andong Teuk ...

Voun Dara
https://www.phnompenhpost.com/national/koh-kong-families-granted-land-national-park

Teachers, parents urged to promote online education

The Ministry of Education, Youth and Sport continues to advise teachers and parents of students to encourage study through e-learning by accessing lessons from the ministry’s website and social media. ...

Voun Dara
https://www.phnompenhpost.com/national/teachers-parents-urged-promote-online-education

Draft Law on SMEs finished, en route to industry minister

The Ministry of Industry, Science, Technology and Innovation plans to submit a Draft Law on Small and Medium Enterprises to the Ministry of Economy and Finance soon for further review and input, after a technical working group completed the document. ...

Thou Vireak
https://www.phnompenhpost.com/business/draft-law-smes-finished-en-route-industry-minister

Exports of crude palm oil up 36% in Jan-May

Cambodia exported 19,916 tonnes of crude palm oil in the first five months of 2021, an increase of 5,246 tonnes or 35.76 per cent compared to the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries. ...

Thou Vireak
https://www.phnompenhpost.com/business/exports-crude-palm-oil-36-jan-may

PWSA aims to achieve $85M in revenue this year, up 7.1%

Cambodia Securities Exchange- (CSX) listed Phnom Penh Water Supply Authority (PWSA) has set a revenue target of 347,441,665,000 riel ($85.35 million) for 2021, or 7.11 per cent up from the figure reported last year. ...

Thou Vireak
https://www.phnompenhpost.com/business/pwsa-aims-achieve-85m-revenue-year-71

‘New normal’ recovery map afoot

Cambodia is designing policy for 2021-2023 to chart a path for sustainable and inclusive economic recovery from the Covid-19 crisis, with an approach that ensures peace, security, social stability and public order on the path to the “new normal”, enhances competitiveness and promotes economic diversification ...

Hin Pisei
https://www.phnompenhpost.com/business/new-normal-recovery-map-afoot

Kingdom gets over $21M in fees, royalties from mining sector

Cambodia generated more than $21 million in non-fiscal revenue from the mining sector in 2020, up slightly from the previous year. ...

Thou Vireak
https://www.phnompenhpost.com/business/kingdom-gets-over-21m-fees-royalties-mining-sector

Cambodia vows to promote ESD

Minister of Education, Youth and Sports Hang Chuon Naron said Cambodia is fully committed to participating in Education for Sustainable Development (ESD) and to continue to participate in global efforts without leaving anyone behind. ...

Voun Dara
https://www.phnompenhpost.com/national/cambodia-vows-promote-esd

Media outlets instructed to register or lose licences

The Ministry of Information has called on all media owners who have not yet registered fully to do so by the end of this year as failure to do so will result in their licences being revoked. ...

Voun Dara
https://www.phnompenhpost.com/national/media-outlets-instructed-register-or-lose-licences

More bird species to be released into Angkor park

The APSARA National Authority (ANA) plans to release 11 birds from three rare species into the Angkor Archaeological Park’s forest and calls on the public to take care of all animals in the park. ...

Ry Sochan
https://www.phnompenhpost.com/national/more-bird-species-be-released-angkor-park

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