Khmer Times
Fintech points the way to full financial inclusion for Cambodians
With more cellphones existing in the Kingdom than citizens and one of the youngest populations in the world, Cambodia’s mobile financial industry may be poised to bring the Kingdom’s deficit in financial inclusion to an end. ...
Husain Haider
https://www.khmertimeskh.com/50809969/fintech-points-the-way-to-full-financial-inclusion-for-cambodians/
Cambodia generates over $30 million from milled rice exports in January
Cambodia’s gross revenue from rice exports in the first month of this year declined by 32.07 percent compared to the same period in 2019. Figures from the Cambodia Rice Federation (CRF) show that the Kingdom earned in total US$30.76 million from milled rice exports. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50809992/cambodia-generates-over-30-million-from-milled-rice-exports-in-january/
Research centre adds solar power station in Siem Reap
The Ministry of Environment and the UN Development Programme (UNDP) in Cambodia officially launched a solar power plant and battery storage system at the Kesor Kol Sok An Phnom Kulen Research and Conservation Centre on Kulen mountain in Siem Reap province. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/research-centre-adds-solar-power-station-siem-reap
Only 1.31 million foreign tourists visited Cambodia in 2020
During COVID-19 crisis in 2020, Cambodia received only 1.31 million foreign tourists, showing a fall of 80 percent compared to 2019. ...
Khmer Times Staff
https://www.khmertimeskh.com/50808696/only-1-31-million-foreign-tourists-visited-cambodia-in-2020/
Ministry issues bird flu warning
The Ministry of Health yesterday warned people to be careful about avian influenza (bird flu) during upcoming festivals and ancestral ceremonies. ...
Sen David
https://www.khmertimeskh.com/50808766/ministry-issues-bird-flu-warning/
Cambodia has about 50,000 hectares of mangroves
Protecting mangrove will be a main agenda of the World Wetlands Day to be held on Feb. 2, 2021, according to a press release from the Fauna&Flora International (FFI)-Cambodia programme and other partners. ...
Khner Time Staff
https://www.khmertimeskh.com/50808689/cambodia-has-about-50000-hectares-of-mangroves/
Education Ministry provides 40 TV sets to promote e-learning teaching
The Ministry of Education has given 40 television sets to schools in three provinces bordering Thailand to promote distance learning. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50809502/education-ministry-provides-40-tv-sets-to-promote-e-learning-teaching/
Preah Vihear authorities warn against illegal purchase or sale of protected land
The Ministry of Environment has warned people that it is illegal to buy or sell lands in natural protected and conservation areas in Preah Vihear province. ...
SSEZ exports increase 26 percent in 2020
The Sihanoukville Special Economic Zone (SSEZ) has reported export growth of 26.52 percent in 2020, a significant achievement in light of the COVID-19 pandemic. ...
Chea Vayuth
https://www.khmertimeskh.com/50808658/ssez-exports-increase-26-percent-in-2020/
Regional free trade deals ‘key to Cambodian and ASEAN success’
Foreign investors and independent credit evaluators are echoing confidence in Cambodia in light of the series of free trade agreements (FTAs) both completed and being pursued by the Kingdom’s government. According to the ASEAN Briefing (AB), such FTAs could see the region become the world’s ...
Tom Starkey
https://www.khmertimeskh.com/50809206/regional-free-trade-deals-key-to-cambodian-and-asean-success/
Bakheng water treatment facility construction breaks ground
The groundbreaking ceremony of the water treatment facility in Bakheng, outskirt of Phnom Penh, takes place today, presided over by Prime Minister Hun Sen. The plant, designed and built by Vinci Construction Grands Projets, will have the capacity to supply drinking 195,000 cubic metres of ...
Chea Vanyuth
https://www.khmertimeskh.com/50809207/bakheng-water-treatment-facility-construction-breaks-ground/
ACLEDA bank to continue its SME support across 2021
President and Group Managing Director of ACLEDA Bank Plc In Channy has announced that the bank has reserved nearly $600 million for lending to the small and medium enterprises (SMEs) sector in Cambodia in 2021. ...
Sok Chan
https://www.khmertimeskh.com/50809009/acleda-bank-to-continue-its-sme-support-across-2021/
Consumer credit performance improving
Consumer credit performance is showing consistent improvement as both loan balances and the number of loan accounts issued are undergoing sustained positive growth, according to a report from the Credit Bureau Cambodia (CBC). ...
Sok Chan
https://www.khmertimeskh.com/50809008/consumer-credit-performance-improving/
New Bar Association policy to provide pro bono legal aid
The Bar Association has introduced a new policy by calling on its members to defend the poor and to provide advice, counselling and legal services voluntarily to the public at each lawyer’s office free of charge. ...
Sen David
https://www.khmertimeskh.com/50808340/new-bar-association-policy-to-provide-pro-bono-legal-aid/
Investment Law may be in effect as soon as April
Cambodia’s newly-drafted Investment Law will be in effect as soon as in April 2021, according to Ministry of Economy and Finance secretary of state Phan Phalla on January 27. He made the remark at the Public Forum on Macroeconomic Management and Budget Law 2021, ushering ...
Hin Pisei
https://www.phnompenhpost.com/business/investment-law-may-be-effect-soon-april
Dialogue on new consumer protection law
Corporate leaders and senior officials attended the second Stakeholder Dialogue on Consumer Protection yesterday. The Kingdom drafted its Law on Consumer Protection in 2019 to comply with the Consumer Protection in ASEAN project, which aims to increase competitiveness in the region. ...
Husain Haider
https://www.khmertimeskh.com/50808525/dialogue-on-new-consumer-protection-law/
Kampot tourism sees increase from 2019
Domestic tourism in Kampot province increased last year compared to 2019, despite the COVID-19 pandemic, the director of the provincial council said yesterday. ...
Buth Sela
https://www.khmertimeskh.com/50808342/kampot-tourism-sees-increase-from-2019/
Life expectancy increases to 75 years
Life expectancy in Cambodia has increased to an estimated 75-years-old, according to the General Population Census of Cambodia 2019 issued on Tuesday. ...
Tith Kongnov
https://www.khmertimeskh.com/50808278/life-expectancy-increases-to-75-years/
Cambodia to get 20 million doses of COVID-19 vaccine
Cambodia is expected to receive 20 million doses of the COVID-19 vaccine of which 11 million doses are donations from friendly nations and partner organisations. ...
Tith Kongnov
https://www.khmertimeskh.com/50807776/cambodia-to-get-20-million-doses-of-covid-19-vaccine/
Asean and Geneva demining organisations sign MoU
The ASEAN Regional Mine Action Center (ARMAC) in Phnom Penh has signed a Memorandum of Understanding (MoU) with the Geneva International Centre for Humanitarian Demining (GICHD) to assist national mine action authorities in the Asean region. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50808375/asean-and-geneva-demining-organisations-sign-mou/
Cambodia improves in Corruption Perceptions Index
Cambodia scored a 21 out of 100 on Transparency International’s (TI) Corruption Perceptions Index (CPI) for 2020, a one point improvement over last year’s score. ...
Brian Badzmierowski
https://www.khmertimeskh.com/50808341/cambodia-improves-in-corruption-perceptions-index/
Russian investment sought for oil sector
Cambodia has invited Russian investors to consider taking part in Cambodia’s oil sector. The invitation was made following Cambodia’s recent start of oil production in its maritime territory. ...
Chea Vanyuth
https://www.khmertimeskh.com/50808397/russian-investment-sought-for-oil-sector/
Ministry ‘bullish’ on prospects of recovery
The Kingdom’s real economic growth is expected to recover by 4 percent in 2021 following a contraction of 3.1 percent in 2020, according to a report from the Ministry of Economy and Finance (MEF). ...
Sok Chan
https://www.khmertimeskh.com/50807772/ministry-bullish-on-prospects-of-recovery/
Manufacturing and service sectors boost employment
According to the government’s release this week of the Kingdom’s 2019 census report, the manufacturing and service sectors have accounted for the largest rise in employment over the last decade, seeing millions of jobs created across the country. ...
Jason Boken
https://www.khmertimeskh.com/50807973/manufacturing-and-service-sectors-boost-employment/