Government
France provides $1.7million for Cambodia’s tourism sector
The French government, through the French Agency for Development (AFD), has provided a grant of 1.5 million euro ($ 1.7 million) to help restore Cambodia’s post-Covid-19 tourism sector, according to the Ministry of Tourism. ...
Khmer Times Staff
https://www.khmertimeskh.com/50748433/france-provides-1-7million-for-cambodias-tourism-sector/
Local mobile applications expanding in all directions
The importance of apps in Cambodia is becoming more and more prevalent. The Ministry of Education, Youth and Sport (MoEYS) and the Ministry of Posts and Telecommunications (MPTC) announced last week the news of them building a new distance education app in partnership with mobile ...
Jason Boken
https://www.khmertimeskh.com/50748317/local-mobile-applications-expanding-in-all-directions/
Growing the farming industry
The government has taken the opportunity of the COVID-19 crisis to develop agriculture, while the garment and tourism industries, which are the Kingdom’s economic pillars have been hit hard by the pandemic. ...
Sorn Sarath
https://www.khmertimeskh.com/50748314/growing-the-farming-industry/
Credit guarantee system approved in principle
MINISTER of Economy and Finance Aun Pornmoniroth approved in principle the concept of strategic framework for establishing the Credit Guarantee Corp Cambodia, according to a statement from the Ministry of Economy and Finance (MEF). ...
Sok Chan
https://www.khmertimeskh.com/50748173/credit-guarantee-system-approved-in-principle/
Talks to resume on offshore oil and gas
Thailand’s outgoing Energy Minister Sontirat Sontijirawong expects that there will be a resumption of talks to resolve the dispute of the offshore petroleum blocks in the overlapping maritime territories between Cambodia and Thailand after a delay of 20 years, according to a Bangkok Post report. ...
Sok Chan
https://www.khmertimeskh.com/50747626/talks-to-resume-on-offshore-oil-and-gas/
Promised sky train delayed over expense
The government’s sky train project from Phnom Penh city centre to the international airport has been delayed because the cost is higher than expected, according to an official from the Ministry of Public Works and Transport (MPWT). ...
Sorn Sarath
https://www.khmertimeskh.com/50747814/promised-sky-train-delayed-over-expense/
Thailand will gift 140km of rail to Cambodia for stronger link
Cambodia will soon welcome another 140km of northern railway to connect to the Thai border to better facilitate the transportation of goods between the two countries. Cambodia and Thailand officially launched rail reconnection link in late 2018. ...
May Kunmakara
https://www.phnompenhpost.com/business/thailand-will-gift-140km-rail-cambodia-stronger-link
MoU signed over public administration reform
The Ministry of Civil Service (MoCS) and the UN Development Programme (UNDP) yesterday signed a Memorandum of Understanding on public administration reform and inclusive public service innovation. ...
Khmer Times Staff
https://www.khmertimeskh.com/50747149/mou-signed-over-public-administration-reform/
Passenger traffic slides down 67 percent while development of new airports boom
Cambodia’s three international airports handled 1.9 million air passengers in the first six months of this year, a 67.5 percent decrease from 6 million air passengers last year. ...
Chea Vannak /AKP
https://www.khmertimeskh.com/50747225/passenger-traffic-slides-down-67-percent-while-development-of-new-airports-boom/
Cambodia, China conclude bilateral FTA negotiations
Negotiations on the establishment of a free trade agreement (FTA) between the Kingdom of Cambodia and the People’s Republic of China were officially concluded on July 20, 2020, after half a year of negotiations. ...
Khmer Times Staff
https://www.khmertimeskh.com/50747200/cambodia-china-conclude-bilateral-fta-negotiations/
Sino-Cambodia FTA talks wrap up, signing to follow
Cambodia and China wrapped up free trade agreement (FTA) talks on Monday, the Ministry of Commerce said. The announcement was made during a video conference between Minister of Commerce Pan Sorasak and his Chinese counterpart Zhong Shan. The deal is expected to propel bilateral trade ...
Thou Vireak
https://www.phnompenhpost.com/business/sino-cambodia-fta-talks-wrap-signing-follow
Course on boosting hospitality skills
The Ministry of Tourism has launched the second phase of a skills development programme to promote human resource abilities in the Kingdom’s tourism sector. Pak Sokhom, the Ministry of Tourism’s secretary of state, said that the programme will provide young people with vocational skills, create ...
Sorn Sarath
https://www.khmertimeskh.com/50747286/course-on-boosting-hospitality-skills/
IDPoor cardholder list grows to 610,000, budget hits $28M
The fund to support poor families during Covid-19 increased to $28 million in July and 50,000 more poor people were added to the list, Prime Minister Hun Sen said while visiting farmers in Takeo province on Tuesday. ...
Niem Chheng
https://www.phnompenhpost.com/national/idpoor-cardholder-list-grows-610000-budget-hits-28m
Cambodia’s economy – Rapid development and COVID-19
Future Forum has partnered with the Konrad Adenauer Stiftung to produce a series of edited volumes examining a number of different areas of socio-economic development, ranging from fiscal policy to the fourth industrial revolution to healthcare. There are three thematic scopes that the series cover: ...
Pamela Corda
https://www.khmertimeskh.com/50747261/cambodias-economy-rapid-development-and-covid-19/
Huawei pledges to support digital development in Cambodia
Chinese-owned giant telecom and technology company Huawei has pledged to support Cambodia’s digital development and bring new technology, according to its Cambodia’s country director. ...
Sorn Sarath
https://www.khmertimeskh.com/50747254/huawei-pledges-to-support-digital-development-in-cambodia/
Cambodia’s rubber export up 18 percent in H1
Cambodia exported 123,151 tons of dry rubber in the first half of 2020, up 18 percent compared to the same period last year, said a General Directorate of Rubber report on Monday. ...
Xinhua
https://www.khmertimeskh.com/50746839/cambodias-rubber-export-up-18-percent-in-h1/
Cambodia records 14.8 million mobile internet subscribers as of May, down 2.36 percent
Cambodia recorded 14.8 million mobile internet subscribers, accounting for 90 percent of the population, by May 2020, down 2.36 percent compared to May last year, according to a Telecommunication Regulator of Cambodia (TRC) report on Monday. In contrast, the number of fixed internet subscribers increased by ...
GDI approves guidelines for residence registration
The Ministry of Interior’s General Department of Identification (GDI) has approved a guideline to pave the way for easier and faster residence registration and management. ...
Khmer Times Staff
https://www.khmertimeskh.com/50746697/gdi-approves-guidelines-for-residence-registration/
IDPoor cards revoked from 6,000 families over discovery of fraud
Over 6,000 families from the first two rounds of IDPoor registration were found to have manipulated their socio-economic status to benefit from the government-funded cash aid scheme, the Ministry of Planning said yesterday. ...
Khann Chanvirak
https://www.khmertimeskh.com/50746782/idpoor-cards-revoked-from-6000-families-over-discovery-of-fraud/
Hotel fees to rise during holiday
The upcoming national holidays will increase accommodation fees and prices of other tourism services after so many businesses lost money for a half year after closing because of COVID-19. More people are expected to travel nationwide. ...
Sorn Sarath
https://www.khmertimeskh.com/50746693/hotel-fees-to-rise-during-holiday/
Survey on garment workers’ lives
The Ministry of Labour and Vocational Training (MLVT) is conducting a survey on garment and other workers’ living conditions and the impact of COVID-19 until July 31. ...
Sorn Sarath
https://www.khmertimeskh.com/50746694/survey-on-garment-workers-lives/
Cambodia collects $2.95 billion as fiscal revenue in first half of 2020
The Royal Government of Cambodia collected $2,956 billion as revenue from all sources of taxes, a slight decrease of 0.7 percent compared to the same period last year. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50746069/cambodia-collects-2-95-billion-as-fiscal-revenue-in-first-half-of-2020/
Cashew nuts key to achieving exports target, says ministry
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has continued to promote the local development of cashew nuts, saying the crop has the potential to help the country achieve its aim for 12 percent growth in agricultural exports by 2025. ...
Sorn Sarath
https://www.khmertimeskh.com/50746300/cashew-nuts-key-to-achieving-exports-target-says-ministry/
$100 million credit for rural roads
The World Bank has approved a $100 million credit from the International Development Association (IDA) to improve access to basic services and economic opportunities in Cambodia. ...
Sok Chan
https://www.khmertimeskh.com/50746299/100-million-credit-for-rural-roads/