Khmer Times

Energy Lab’s stimulus plan for clean energy investment

The Cambodian government is close to signing a deal with the local subsidiary of French-owned, Singapore-based renewable power producer The Blue Circle to construct the energy-lacking country’s first wind power farm in Kampot. ...

Yeshi Dema
https://www.khmertimeskh.com/50714011/energy-labs-stimulus-plan-for-clean-energy-investment/

Government lifts travel ban after KNY

Prime Minister Hun Sen yesterday lifted an inter-provincial travel ban across the Kingdom to ease traffic jams after the Khmer New Year holidays came to an end. ...

Ben Sokhean
https://www.khmertimeskh.com/50714182/government-lifts-travel-ban-after-kny/

Mandatory quarantine to help prevent coronavirus spread

PHNOM Penh City Hall is ready to quarantine more than 15,000 garment workers who are returning to the capital from their home provinces after Khmer New Year in an effort to prevent the spread of coronavirus. ...

Sen David
https://www.khmertimeskh.com/50714122/mandatory-quarantine-to-help-prevent-coronavirus-spread/

Cash aid improves maternal and child healthcare in Kingdom

An inter-ministerial statement was issued last week highlighting the achievements and further initiatives of the government’s cash subsidy programme for pregnant women, which seeks to promote maternal and child welfare and improve the wellbeing of children from impoverished families. ...

Srey Kumneth
https://www.khmertimeskh.com/50714117/cash-aid-improves-maternal-and-child-healthcare-in-kingdom/

Aviation sector records over 90 percent drop

Cambodia’s Aviation sector is almost completely decimated due to extreme COVID-19 travel restrictions, with air passenger numbers dropping more than 90 percent as of April this year. ...

Sok Chan
https://www.khmertimeskh.com/50714007/aviation-sector-records-over-90-percent-drop/

Three of Cambodia’s national bird, the Giant Ibis, killed in protected area

In a single deliberate poisoning event, three Giant Ibis, equivalent to 1-2 percent of the global population, have been killed – part of a disturbing global trend where conservationists are noticing increases in hunting of protected species since the spread of coronavirus began to disrupt ...

Khmer Times Staff
https://www.khmertimeskh.com/50714406/three-of-cambodias-national-bird-the-giant-ibis-killed-in-protected-area/

Record-low oil prices to to continue

A grim report on the world economy by the International Monetary Fund (IMF) yesterday caused oil prices to continue to slide, with international prices hitting the lowest level since 2002 as planned output cuts were deemed insufficient to offset a COVID-19-fuelled slump in demand. ...

Harrison White
https://www.khmertimeskh.com/50713728/record-low-oil-prices-to-to-continue/

Exports through Svay Rieng increase by $237 million

Cambodia’s exports through three Special Economic Zones in Svay Rieng province, which shares a border with Vietnam, have recorded a $237 million rise in the first quarter of 2020. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50713731/exports-through-svay-rieng-increase-by-237-million/

$3.5M for potato seeds project

Cambodia’s Minister of Agriculture Veng Sakhon has told local media that his ministry plans to purchase $3.5 million’s worth of potato seeds, in a project partnering with South Korea to produce potatoes in the Mondulkiri province. ...

Sok Chan
https://www.khmertimeskh.com/50713733/3-5m-for-potato-seeds-project/

Stormy skies for airlines in Cambodia

The COVID-19 pandemic is driving the airlines, hospitality, restaurants and related support industries to the brink. ...

Khmer Times Staff
https://www.khmertimeskh.com/50713879/stormy-skies-for-airlines-in-cambodia/

Economy to contract for the first time since conflict ended

The International Monetary Fund (IMF) has predicted Cambodia’s 2020 Gross Domestic Product will contract by -1.7 percent this year in line with a global contraction of -3.0 percent. The reduction in GDP represents an economic downturn the world has not seen since the Great Depression, ...

Harrison White
https://www.khmertimeskh.com/50713591/economy-to-contract-for-the-first-time-since-conflict-ended/

PM encourages malaria response amid pandemic

Prime Minister Hun Sen appealed for the continued efforts to eliminate malaria in the Kingdom despite the ongoing COVID-19 pandemic. The call was made in a statement issued yesterday ahead of the World Malaria Day on April 25. ...

Sen David
https://www.khmertimeskh.com/50713137/pm-encourages-malaria-response-amid-pandemic/

Ministry studies apps for coronavirus response

Posts and Telecommunication Minister Chea Vandeth on Monday held a meeting to review research findings for two mobile applications and a ventilator, which could be used in the Kingdom’s response to the coronavirus. ...

Va Sonyka
https://www.khmertimeskh.com/50713138/ministry-studies-apps-for-coronavirus-response/

Int’l digital payment firms ‘committed’ to de-dollarisation

Visa Inc. is one of several international digital payment firms who have said they are committed to supporting the government and the National Bank of Cambodia (NBC) in their de-dollarisation mission. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50713285/intl-digital-payment-firms-committed-to-de-dollarisation/

GMAC, other textile associations mount pressure on brands to pay suppliers

Nine business associations in the STAR (Sustainable Textile of Asian Region) Network are calling on buyers to honour their contracts with their suppliers. ...

Khmer Times Staff
https://www.khmertimeskh.com/50713331/gmac-other-textile-associations-mount-pressure-on-brands-to-pay-suppliers/

Price of exported rice doubles

The price of fragrant rice exports to international markets has doubled in the last month, from $50 to $100 per matrix ton, according to the Cambodia Rice Federation (CRF). ...

Chea Vannak
https://www.khmertimeskh.com/50713246/price-of-exported-rice-doubles/

CSX: Four more companies to list bonds and equity

Three financial institutions and one privately owned company are expected to list their corporate bonds and equity on the Cambodia Securities Exchange (CSX) by the end of April and early May respectively. ...

Sok Chan
https://www.khmertimeskh.com/50713247/csx-four-more-companies-to-list-bonds-and-equity/

‘No plan’ to reduce electricity bills nationwide

Despite the reduction of electricity tariffs for factory workers suspended due to the COVID-19 pandemic, the Electricity Authority of Cambodia (EAC), the autonomous government agency responsible for managing and administering electric power in the country, has said that “a general plan for electricity bill reduction ...

Chea Vannak
https://www.khmertimeskh.com/50713248/no-plan-to-reduce-electricity-bills-nationwide/

World Bank: Real-estate boom could backfire on economy

The World Bank has warned that the significant growth recorded in the construction and real-estate sector, considered one of the country’s economic pillars, could ultimately affect overall growth due to a trinity of unanticipated and now negative factors. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50712701/world-bank-real-estate-boom-could-backfire-on-economy/

90 percent of garment workers turn up for duty on New Year’s Day

The Labour Ministry said more than 90 percent of garment factory workers reported for work on the first day of Khmer New Year yesterday. ...

Sen David
https://www.khmertimeskh.com/50712802/90-percent-of-garment-workers-turn-up-for-duty-on-new-years-day/

Senate begins discussing State of Emergency draft law

The Senate’s permanent committee today is handing over the draft law on “State of Emergency” to its expert commission for study before its upcoming plenary session. ...

Ben Sokhean
https://www.khmertimeskh.com/50712641/senate-begins-discussing-state-of-emergency-draft-law/

$23.5 million in new investment projects licensed

The Council for Development of Cambodia (CDC) has given the green light to six new investment projects with a total investment capital of $23.5 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/50712885/23-5-million-in-new-investment-projects-licensed/

Nation’s banks adopt NBC’s COVID-19 crisis measures

As COVID-19 continues to carve out a path of economic destruction in the Kingdom, several financial institutions are considering re-classifying their loan-repayment structures to help relieve customers in fiscal trouble, in line with recent guidelines released by the National Bank of Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50712853/nations-banks-adopt-nbcs-covid-19-crisis-measures/

Endangered river terns spotted in Kratie and Stung Treng

The wild animal conservation team has spotted rare river terns in the flooded areas of Kratie and Stung Treng provinces. ...

Khmer Times Staff
https://www.khmertimeskh.com/711898/endangered-river-terns-spotted-in-kratie-and-stung-treng/

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