Government
Speculation fears over location of new ring road
The Ministry of Public Works and Transport (MPWT) held consultations to decide the location of National Ring Road 4 around Phnom Penh. Once complete, it is expected to ease traffic and freight transportation. But the location of the project is being kept under wraps to ...
Jason Boken
https://www.khmertimeskh.com/50775152/speculation-fears-over-location-of-new-ring-road/
Ministry speeding up draft port law
The Ministry of Public Works and Transport has convened a meeting to discuss the speeding up of the draft port law. The law is expected to play a crucial role in management and development of port, promotion of national and international trade, order maintenance, facilitation ...
Lim Nary/AKP
https://www.khmertimeskh.com/50773840/ministry-speeding-up-draft-port-law/
Frog farming encouraged as market demand rising
Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, has encouraged farmers to consider raising frogs as the market demand for the baby frogs is increasing. ...
Lim Nary – AKP
https://www.khmertimeskh.com/50773462/frog-farming-encouraged-as-market-demand-rising/
More positive outlook for Kingdom’s economy
Global financial institutions have provided a more positive outlook for Cambodia’s economic outlook because the country has been far less affected by COVID-19 than others. Cambodia’s Ministry of Economy and Finance (MEF) claimed that the prediction is based at least in part on the government’s ...
Sorn Sarath
https://www.khmertimeskh.com/50773770/more-positive-outlook-for-kingdoms-economy/
Roadmap to restore tourism discussed
The Ministry of Tourism and the private sector have discussed a nearly 200-page draft roadmap to restore the tourism sector during and after the COVID-19 crisis for the period 2020-2025. ...
Sorn Sarath
https://www.khmertimeskh.com/50773942/roadmap-to-restore-tourism-discussed/
New draft law on investment mulled
The government is sending a new draft law on investment to the private sector to discuss ways to make it more comprehensive and help Cambodia become an attractive destination for new investment and to improve the investment environment in the country. ...
Sok Chan
https://www.khmertimeskh.com/50773944/new-draft-law-on-investment-mulled/
Russia pledges to boost trade ties with Cambodia, to consider debt relief
Newly appointed Ambassador of Russia to Cambodia Anatoly Borovik has pledged to further boost the trade relations and investment between the two countries, which are currently at a low level. ...
Khmer Times Staff
https://www.khmertimeskh.com/50773458/russia-pledges-to-boost-trade-ties-with-cambodia-to-consider-debt-relief/
Flood instructions issued for schools to bolster safety
The Ministry of Education, Youth and Sport on Wednesday issued guidelines for schools to lessen the impact of flood damage. Minister Hang Chuon Naron said the recent flash floods have affected school buildings, study materials and equipment. ...
Mom Kunthear
https://www.phnompenhpost.com/national/flood-instructions-issued-schools-bolster-safety
Floods force road closures,13 dead
After inspecting heavily flooded roads in the country, the Ministry of Public Works and Transport urged specialists in Phnom Penh and the provinces to ban traffic on the most-affected roads to reduce safety risks to citizens and prevent damage to property. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/floods-force-road-closures13-dead
Gov’t finds 145 cases of fake news last month
The Fake News Monitoring Committee of the Ministry of Information found 145 cases of fake news, incitement, social pollution and insults against the Kingdom’s senior leadership on social media in September. ...
Voun Dara
https://www.phnompenhpost.com/national/govt-finds-145-cases-fake-news-last-month
Gov’t acknowledges 12 quality child care centres
Nine organisations on Tuesday received certificates of acknowledgement for their child care centres from the Ministry of Social Affairs, Veterans and Youth Rehabilitation following ministerial evaluation at the centres. The organisations run 12 child care centres. ...
Mom Kunthear
https://www.phnompenhpost.com/national/govt-acknowledges-12-quality-child-care-centres
EUROCHAM urged to attract more investors
Labor Minister Ith Samheng yesterday asked the European Chamber of Commerce in Cambodia (EUROCHAM) president Tassilo Brinzer to help attract more investors to Cambodia. ...
Sen David
https://www.khmertimeskh.com/50773408/eurocham-urged-to-attract-more-investors/
Tax collection ‘strong’
The government’s tax collection remains strong even during the COVID-19 pandemic, reaching more than $2.25 billion in the first nine months of this year, according to a report by the General Department of Taxation (GDT). ...
Sorn Sarath
https://www.khmertimeskh.com/50772989/tax-collection-strong/
Business registrations far speedier thanks to internet
“Within almost a four-month period as of October 2, 2020, we received a total of 1,793 applications, 1,367 of which have been approved and 426 of which are under review. The average number of days it takes to register a company is eight,” said Undersecretary ...
Sok Chan
https://www.khmertimeskh.com/50772450/business-registrations-far-speedier-thanks-to-internet/
China, Cambodia vow to deepen cooperation in all areas
Cambodian Prime Minister Hun Sen met here on Monday with visiting Chinese State Councilor and Foreign Minister Wang Yi, and both sides pledged to deepen mutually beneficial cooperation in all areas. ...
Khmer Times Staff
https://www.khmertimeskh.com/50772590/china-cambodia-vow-to-deepen-cooperation-in-all-areas/
China’s Foreign Affairs Minister visits Cambodia to strengthen relations
Chinese State Councillor and Foreign Affairs Minister, Wang Yi, arrived in the Kingdom yesterday for a two-day visit to strengthen the friendship between the two countries. ...
Ry Sochan
https://www.khmertimeskh.com/772059/772059/
Prime Minister calls for ministries to cut spending amid lower tax revenue
Prime Minister Hun Sen has asked ministries to be careful with operational expenditure in a bid to save money due to declining national revenue. ...
Rubber exports are up but prices still remain elastic
Cambodia exported 179,621 tonnes of rubber in the first nine months of 2020, a jump of 3.78 per cent from the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries. ...
Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-are-prices-still-remain-elastic
NBC: Informal lenders shouldn’t tarnish all industry
The National Bank of Cambodia (NBC) has made it clear that the whole microfinance industry should not be held accountable for some of the unregulated microloans that are pushing people deeper into debt. ...
Jason Boken
https://www.khmertimeskh.com/50771437/nbc-informal-lenders-shouldnt-tarnish-all-industry/
Authorities Steer Clear of Prosecuting Senator, Generals in Mondulkiri Land Grab
A Cambodian People’s Party Senator, military generals, local officials, and commune chiefs have gotten off with only a rap on the knuckles after being involved in an attempted land grab in the northeastern province of Mondulkiri. ...
Aun Chhengpor
https://www.voacambodia.com/a/authorities-steer-clear-of-prosecuting-senator-generals-in-mondulkiri-land-grab/5615101.html
MAFF being short changed by ELC holders, revenue loss significant
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has claimed that it is revising the economic land concession (ELC) laws to ensure that the land is being used properly to benefit the country’s economy. ...
Sorn Sarath
https://www.khmertimeskh.com/50771557/maff-being-short-changed-by-elc-holders-revenue-loss-significant/
Civil servants won’t see pay raises next year due to Covid
Prime Minister Hun Sen announced that due to uncertain economic conditions, the government will suspend salary increases for civil servants and the armed forces next year. ...
Voun Dara
https://www.phnompenhpost.com/national/civil-servants-wont-see-pay-raises-next-year-due-covid
After human drain from Sihanoukville, casinos follow suit
Sihanoukville is set to lose yet another casino as Century Entertainment International Holdings, formerly known as Amax International Holdings Limited, will relocate its gaming floor from Sihanoukville to the up and coming tourist spot of Dara Sakor in Koh Kong province. ...
Jason Boken
https://www.khmertimeskh.com/50770745/after-human-drain-from-sihanoukville-casinos-follow-suit/
Senator Ly Yong Phat’s Family Given Preah Sihanouk State Land for Tourism Development
The Cambodian government has granted a 600-hectare concession to the family of notorious tycoon Ly Yong Phat, whose sugarcane concessions have been at the center of human rights violations. ...