Government
Cambodia and Germany sign two cooperative financing agreements
Minister of Economy and Finance Aun Porn Moniroth and German ambassador to Cambodia Christian Berger on Thursday signed two cooperative financing agreements worth 67.1 million euros, equivalent to $74 million. ...
Taing Vida
https://www.khmertimeskh.com/50665702/cambodia-and-germany-sign-two-cooperative-financing-agreements/
Subsidies spark cheaper energy
Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said. Electricite du Cambodge (EdC) director-general Keo Ratanak told reporters ...
Thou Vireak
https://www.phnompenhpost.com/business/subsidies-spark-cheaper-energy
$3 billion in reserve ahead of possible EBA withdrawal
The government has reserved around $3 billion to cope with a possible suspension of the Kingdom’s access to the EU’s preferential “Everything But Arms” (EBA) agreement. ...
Thou Vireak
https://www.phnompenhpost.com/national-politics/3-billion-reserve-ahead-possible-eba-withdrawal
Gov’t to raise 20% more tax revenue
As part of efforts to achieve a sound macroeconomy, the government plans to increase the revenue raised from taxation and customs and excise by more than 20 per cent next year. The 2020 national budget law approved on Tuesday targets a 28.1 per cent increase in ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-raise-20-more-tax-revenue
South Korea pledges to support Kingdom’s ongoing development
The government yesterday highlighted the success of regional summits in South Korea, noting its government pledged to support the Kingdom’s socio-economic development. ...
Ben Sokhean
https://www.khmertimeskh.com/50665349/south-korea-pledges-to-support-kingdoms-ongoing-development/
Australia remains committed to aiding Kingdom
The Australian government is committed to continue aiding the Kingdom’s development, having already provided about $1 billion in funds from 1992 until last year. ...
Khuon Narim
https://www.khmertimeskh.com/50665348/australia-remains-committed-to-aiding-kingdom/
Government creates department to improve seed quality for better yields
The government is establishing a department under the Agriculture Ministry which will be responsible for improving the quality of seeds and distributing them more efficiently to farmers. ...
Pech Sotheary
https://www.khmertimeskh.com/50664641/government-creates-department-to-improve-seed-quality-for-better-yields/
Sustainable development discussed at urban forum
The Ministry of Land Management, Urban Planning and Construction, in cooperation with UN Cambodia, held the Cambodia Urban Forum for the first time on Wednesday to identify priorities towards smart, sustainable and inclusive urban development in Cambodia. ...
Voun Dara
https://www.phnompenhpost.com/national/sustainable-development-discussed-urban-forum
Kingdom in talks with Russia for nuclear science
Cambodian and Russian experts yesterday concluded discussions on the possibility of constructing and establishing a Nuclear Science and Technology Centre in the Kingdom. The discussion, which was held in Siem Reap province over two days, took place at the 3rd meeting of a Cambodia-Russia joint ...
Taing Vida
https://www.khmertimeskh.com/50664303/kingdom-in-talks-with-russia-for-nuclear-science/
EU issues support for investment in Kingdom
EU Ambassador Carmen Moreno has vowed to bring more European investors into the Kingdom and pledged to uphold good relations between the EU and Cambodia. During a meeting with Senate president Say Chhum yesterday, Ambassador Moreno acknowledged the country’s progress and improvement under the government’s ...
Taing Vida
https://www.khmertimeskh.com/50664368/eu-issues-support-for-investment-in-kingdom/
National budget for 2020 approved
The National Assembly yesterday unanimously approved the draft Budget Law for 2020. The law was approved by 108 of the 123 lawmakers that attended the plenary session of the National Assembly. According to the draft law, the government plans to spend $8.2 billion in 2020, ...
Chea Vannak
https://www.khmertimeskh.com/50664298/national-budget-for-2020-approved/
MRC council approves new strategy to address droughts
Minister of Water Resources and Meteorology Lim Kean Hor said on Tuesday that designing future systems and strategies for the Mekong River Basin is necessary to address the challenges of severe drought that continue to threaten livelihoods and the people’s way of life. ...
Ry Sochan
https://www.phnompenhpost.com/national/mrc-council-approves-new-strategy-address-droughts
Foreign ministry calls on S Korea to take on more Cambodian migrant workers
Minister of Foreign Affairs and International Cooperation Prak Sokhonn on Monday requested the government of the Republic of Korea to receive more Cambodian migrant workers. The request was made at a bilateral meeting with South Korean Minister of Foreign Affairs Kang Kyung-wha during the Asean-Republic of ...
Long Kimmarita
https://www.phnompenhpost.com/national/foreign-ministry-calls-s-korea-take-more-cambodian-migrant-workers
Strong growth projected for Cambodia’s banking sector
National Bank of Cambodia (NBC) governor Chea Chanto said on Monday that the Kingdom’s economy has maintained robust growth with low and manageable inflation which paves a favourable path for the banking sector’s continuous development. Meanwhile, fintech is playing an important role in the financial ...
May Kunmakara
https://www.phnompenhpost.com/business/strong-growth-projected-cambodias-banking-sector
Chi Khor Leu land dispute resolution reached
Ninety-five out of the 317 families who were locked in a long-running land dispute with Oknha Ly Yong Phat’s sugar company since 2006 accepted the solution to end the dispute under a compromise negotiated by the Koh Kong provincial authority. Provincial deputy governor Sok Sothy, ...
Voun Dara
https://www.phnompenhpost.com/national/chi-khor-leu-land-dispute-resolution-reached
PM: Gov’t to inject millions to modernise Calmette Hospital
Prime Minister Hun Sen said on Monday that the government will provide $30 million for the state-run Calmette Hospital to continue the construction of a new 12-storey building. Estimated to cost $39.7 million, the building is currently only 17 per cent complete. In a Facebook ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/pm-govt-inject-millions-modernise-calmette-hospital
Cambodia, South Korea ink five agreements, discuss migrants
Cambodia and South Korea yesterday signed five agreements, including the launch of a joint study on the possibility of a free trade agreement. The agreements were signed by Foreign Affairs Minister Prak Sokhonn and his Korean counterpart Kang Kyung-wha on the sidelines of the Asean-Republic ...
Ben Sokhean
https://www.khmertimeskh.com/50664054/cambodia-south-korea-ink-five-agreements-discuss-migrants/
Cambodia and S.Korea closer to signing FTA
The agreement to conduct the study was signed between South Korea’s Trade Minister Yoo Myung-hee and Cambodian Commerce Minister Pan Sorasak in the Korean city of Busan, where a two-day Asean summit is being held. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50663999/cambodia-and-s-korea-closer-to-signing-fta/
North Korea seeks stronger ties with the Kingdom
North Korea wants to boost its ties with the Kingdom started by Late King Father Norodom Sihanouk and the Kim Il Sung more than 50 years ago. Ri Kil Song, North Korea’s deputy foreign minister, conveyed this to Foreign Affairs Minister Prak Sokhonn during a courtesy ...
Khy Sovuthy
https://www.khmertimeskh.com/50664116/north-korea-seeks-stronger-ties-with-the-kingdom/
HRP granted extension to meet dissolution conditions
The Ministry of Interior granted the dissolved Human Rights Party (HRP) and Candlelight Party six-month extensions to provide the government with official lists of party leaders, a letter written by Minister of Interior Sar Kheng said on Friday. “The Ministry of Interior agrees to allow ...
Khorn Savi
https://www.phnompenhpost.com/national-politics/hrp-granted-extension-meet-dissolution-conditions
Four provinces open for gold mine exploration
The Ministry of Mines and Energy has called on local and international companies to apply for licences to study and explore gold mining in four provinces believed to be rich in gold. According to a statement signed on November 9 by Mines and Energy Minister ...
Khy Sovuthy
https://www.khmertimeskh.com/50663635/four-provinces-open-for-gold-mine-exploration/
US companies urged to invest in Cambodia
Cambodia last week asked the United States to increase investments in the Kingdom, claiming that working conditions here have improved dramatically in recent years. The appeal was made by Commerce Minister Pan Sorasak in a meeting on Friday with US Ambassador Patrick Murphy. Mr Sorasak ...
Ministry of Mines and Energy calls for responsible mining
Minister of Mines and Energy Suy Sem called on companies operating mining projects to ensure the communities and environment are not affected by related activities. On Friday, the ministry announced to open for four mining locations in three provinces to apply for an exploration licence. ...
Thou Vireak
https://www.phnompenhpost.com/business/ministry-mines-and-energy-calls-responsible-mining
Rise in traffic accidents despite safety efforts
Interior Minister Sar Kheng yesterday said there were more than 3,400 traffic accidents in the Kingdom so far this year which killed 1,665 people and injured 5,212. Speaking at a World Day of Remembrance for Road Traffic Victims event on Koh Pich, Mr Kheng noted ...
Pech Sotheary
https://www.khmertimeskh.com/50663638/rise-in-traffic-accidents-despite-safety-efforts/