Government

PM seeks more digitalisation across region

Prime Minister Hun Sen has called for countries in the region to increase digital connection development in a bid to help the economy recover after the COVID-19 pandemic. ...

Khmer Time Staff
https://www.khmertimeskh.com/50787340/pm-seeks-more-digitalisation-across-region/

ADB approves $70 million loan to strengthen agricultural value chain and food safety in Cambodia

The Asian Development Bank (ADB) has approved a $70 million loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products such as cassava, cashews, mangoes, vegetables, and poultry. ...

Sok Chan
https://www.khmertimeskh.com/50787037/adb-approves-70-million-loan-to-strengthen-agricultural-value-chain-and-food-safety-in-cambodia/

New digital platforms to ease tax collection and management

The General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. ...

Lim Nary/AKP
https://www.khmertimeskh.com/50787198/new-digital-platforms-to-ease-tax-collection-and-management/

Vegetable planting up, but not yet feeding local demand in full

Vegetable planting in Cambodia is reported up dramatically, but the nation cannot end imports because local consumption is bigger than production, said Minister of Agriculture Forestry and Fisheries Veng Sakhon at the celebration of the seventhth national nutrition day in Kampong. ...

Sar Socheath
https://www.khmertimeskh.com/50787580/vegetable-planting-up-but-not-yet-feeding-local-demand-in-full/

Seeds sown for Stung Treng agriculture

Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...

Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture

Gov’t credit guarantee unit set for 2021

The Credit Guarantee Corporation of Cambodia (CGCC) is on track to be launched in the first half of next year, Banking Association of Cambodia (ABC) president In Channy told The Post on November 26. The CGCC was established by Sub-Decree No 140 ANKr BK on ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-credit-guarantee-unit-set-2021

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/

E-Commerce Strategy launched

Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...

Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched

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/

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/

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/

Prakas on tax debt management issued

The Ministry of Economy and Finance on November 20 issued Prakas No 962 SHV BrK on Tax Debt Management. The new prakas sets forth rules and procedures relating to tax debt management and aims to ensure a more efficient, effective and transparent collection process. ...

Thou Vireak
https://www.phnompenhpost.com/business/prakas-tax-debt-management-issued

Trade fair scrapped over Covid-19 fears

The Ministry of Commerce on November 19 cancelled the 15th edition of the Cambodia Import-Export Goods Exhibition due to Covid-19 concerns. Originally scheduled to be held from December 15-18 at the Koh Pich Convention and Exhibition Centre on Phnom Penh’s Koh Pich island, the Kingdom’s ...

May Kunmakara
https://www.phnompenhpost.com/business/trade-fair-scrapped-over-covid-19-fears

NGO Forum: Government has stopped sharing environmental impact reports

The Environmental Ministry has this year stopped sharing environmental and social impact assessments for new development projects with NGO Forum, the civil society network said. ...

Tran Techseng
https://vodenglish.news/ngo-forum-government-has-stopped-sharing-environmental-impact-reports/

Gov’t produce plan a relative success

A $20 million government agricultural initiative achieved remarkable results in its three years of operation but still fell far short of its target, the General Directorate of Agriculture reported. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-produce-plan-relative-success

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/

Japan provides $200 million loan for C-19 relief

Japan has provided more than $200 million as a loan to support Cambodia with social and economic recovery amid the COVID-19 crisis. ...

Ry Sochan
https://www.khmertimeskh.com/50784584/japan-provides-200-million-loan-for-c-19-relief/

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/

Ex-land director gets seven years in prison

The Phnom Penh Municipal Court sentenced Nuon Pok, the former director of the Preah Sihanouk provincial Department of Land Management, Urban Planning and Construction to seven years in prison and fined him 100 million riel ($25,000) for abuse of power and other corruption charges. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ex-land-director-gets-seven-years-prison

Cambodian Embassy in South Korea signs MoU for Cambodian women and children

The Cambodian Embassy in South Korea yesterday signed a Memorandum of Understanding (MoU) with the Seongnam Migrant Community Service Centre on housework, language and culture skills training for Cambodian woman and children living there. ...

Sen David
https://www.khmertimeskh.com/50784295/cambodian-embassy-in-south-korea-signs-mou-for-cambodian-women-and-children/

Cambodia and Denmark vow to boost diplomatic ties

Cambodia and Denmark vowed to enhance economic and diplomatic cooperation to boost bilateral trade, according to a statement released yesterday by the Cambodian Embassy in Thailand. ...

Ry Sochan
https://www.khmertimeskh.com/50784319/cambodia-and-denmark-vow-to-boost-diplomatic-ties/

Koh Kong on hunt for tree planters

Authorities in Koh Kong province are on the hunt for people who illegally planted fruit trees at Botum Sakor National Park in Botum Sakor district. Provincial governor Mithona Phouthorng told The Post on November 17 she had ordered an investigation into the illegal planting of ...

Nov Sivutha
https://www.phnompenhpost.com/national/koh-kong-hunt-tree-planters

Blockchain cited as boost to public trust in financial institutions

At this week’s 2020 Global Blockchain Policy Forum,  Assistant Governor and Director-General of Central Banking, National Bank of Cambodia (NBC) Chea Serey stressed the need for building public trust in financial institutions and how the new Bakong payment system and infrastructure, built on blockchain technology, ...

Jason Boken
https://www.khmertimeskh.com/783940/blockchain-cited-as-boost-to-public-trust-in-financial-institutions/

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