News

Endangered status mulled for Kesor Kol

The Ministry of Environment is planning to declare wild Kesor Kol plants – a type of orchid – an endangered species with increased protections, according to the ministry’s secretary of state Neth Pheaktra. Pheaktra also warned of legal action against those who collect or sell wild Kesor ...

Long Kimmarita
https://www.phnompenhpost.com/national/endangered-status-mulled-kesor-kol

Bilateral trade with Britain reaches $813M

Bilateral trade volume between Cambodia and the UK reached $813.22 million in the first 11 months of this year, falling 17.61 per cent from the $987.09 million logged in the same period last year, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-britain-reaches-813m

Japanese aid expected to improve services for 7,500 hearing impaired

The Japanese government has provided $288,473 in total for three recipient organisations under the framework of the Grant Assistance for Grassroots Human Security Project (“KUSANONE”). The funds are earmarked to be used for the installation of medical equipment, braille equipment and hearing diagnostic equipment. ...

Mom Kunthear
https://www.phnompenhpost.com/national/japanese-aid-expected-improve-services-7500-hearing-impaired

Senate passes draft law on Gov’t Securities

The Senate on December 21 approved on the Draft Law on Government Securities which allows the government to prepare bonds to issue in the capital market to collect funds from the public for the country’s development. ...

May Kunmakara
https://www.phnompenhpost.com/business/senate-passes-draft-law-govt-securities

Banteay Meanchey trade fair postponed

The Ministry of Commerce on December 18 said it will indefinitely postpone another trade fair under the umbrella of the fifth season of its “Buy Cambodian Campaign” as a measure to prevent the spread of the Covid-19 disease. ...

Thou Vireak
https://www.phnompenhpost.com/business/banteay-meanchey-trade-fair-postponed

Big water companies urged to contribute to ecosystem services

Big water companies have been urged to make voluntary contributions or pay for commercial water use for sustainable ecosystem services. Making this call, senior officials from the Ministry of Environment said the move was to raise money to protect the ecosystem. ...

Tith Kongnov
https://www.khmertimeskh.com/50795454/big-water-companies-urged-to-contribute-to-ecosystem-services/

Automotive firms hit on imports, exports

COVID-19 has affected the Kingdom’s automotive industry severely, with trade dropping nearly 40 percent compared with the previous year. According to the latest import and export statistics for the first nine months of this year, the volume of automobiles and motorcycles exported dropped by 34.1 ...

Jason Boken
https://www.khmertimeskh.com/50795854/automotive-firms-hit-on-imports-exports/

Foreign lawyers told to register with BAKC

The Bar Association of the Kingdom of Cambodia (BAKC) has announced new requirements for professional foreign lawyers who are working at the Extraordinary Chambers in the Courts of Cambodia (ECCC) to register with the BAKC for certificates authorising them to practice law in the kingdom, ...

Niem Chheng
https://www.phnompenhpost.com/national/foreign-lawyers-told-register-bakc

Aquaculture committee to boost sector development

The Ministry of Agriculture, Forestry and Fisheries has established the Aquaculture Promotion Cambodia Committee to facilitate the production and business activities of the Cambodian Aquaculturist Association (CAA), to increase production capacity for domestic supply and export. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/aquaculture-committee-boost-sector-development

Utmost caution urged after Covid outbreak in Thailand

Following the Covid-19 outbreak in Thailand’s Samut Sakhon province, Cambodian Minister of Health Mam Bun Heng has urgently advised residents near the border to exercise heightened caution and quarantine all people crossing the border for 14 days. ...

Mom Kunthear
https://www.phnompenhpost.com/national/utmost-caution-urged-after-covid-outbreak-thailand

Rice miller pilots solar warehouses

In a first for the Kingdom, leading organic rice miller and exporter AMRU Rice (Cambodia) Co Ltd will pilot the use of solar energy in its facilities to increase energy sustainability during dry-season production lines that are often riddled with power outages. ...

Thou Vireak
https://www.phnompenhpost.com/business/rice-miller-pilots-solar-warehouses

CDC okays new $13M projects

The government approved three projects worth a total of $13.5 million last week, bringing the total number of projects in the first three weeks of this month to nine with total investment value of $1.1354 billion, the Council for the Development of Cambodia (CDC) said ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-new-13m-projects

Establishment of Cambodia Chamber of Agro-Industry soon

The Ministry of Agriculture, Forestry and Fisheries has convened an urgent discussion about a draft law on Cambodia Chamber of Agro-Industry (CCAI). The discussion took place yesterday in Phnom Penh under the chairmanship of Veng Sakhon, Minister of Agriculture, Forestry and Fisheries. ...

Lim Nary/AKP
https://www.khmertimeskh.com/50795298/establishment-of-cambodia-chamber-of-agro-industry-soon/

Nearly 30% of migrant workers lose income

The International Organisation for Migration (IOM) Cambodia and UN Population Fund (UNFPA) Cambodia released a survey report describing the hardships and vulnerabilities faced by migrant workers who returned to Cambodia from abroad following the outbreak of the Covid-19 pandemic. ...

Niem Chheng
https://www.phnompenhpost.com/national/nearly-30-migrant-workers-lose-income

Deadline set for telecom operators to hand over data

The Ministry of Post and Telecommunications (MPTC) has asked the nations’ telecom operators to connect to its Data Management Centre (DMC) by January 1, 2021. Based on the telecom laws, all operators and stakeholders involved in telecom must provide data service information to the MPTC. ...

Jason Boken
https://www.khmertimeskh.com/50794919/deadline-set-for-telecom-operators-to-hand-over-data/

ACLEDA awarded credit upgrade by ratings agency

ACLEDA Bank (CSX: ABC)’s standalone credit profile has been upgraded by global ratings agency, Standard & Poor’s (S&P) from ‘bb-’ to ‘bb’ with the bank’s overall credit rating listed as a B+. ...

Harrison White
https://www.khmertimeskh.com/50795387/acleda-awarded-credit-upgrade-by-ratings-agency/

Kingdom’s rubber exports up in 2020

A senior official from the General Directorate of Rubber at the Ministry of Agriculture has said Cambodia’s rubber exports are expected to reach 340,000 tonnes by end of the year. ...

Sok Chan
https://www.khmertimeskh.com/50795539/kingdoms-rubber-exports-up-in-2020/

Pursat builds central public services

The Pursat Provincial Administration will construct ‘collective administration’ facilities in the two newly arranged districts of Talou Sen Chey and Phnom Kravanh. The policy to centralise local public services will better enable their effective provision. ...

Nov Sivutha
https://www.phnompenhpost.com/national/pursat-builds-central-public-services

GDT set to launch property tax app

The General Department of Taxation (GDT) is set to launch a property tax app soon, according to a senior official. Director-General Kong Vibol announced this during a GDT Special Live Show that provided an update on the tax department’s activities. ...

Sok Chan
https://www.khmertimeskh.com/50795586/gdt-set-to-launch-property-tax-app/

Bank backs eco-friendly farming

Ibis Rice Conservation Co Ltd (IBIS Rice) has signed a financing agreement with South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) to support 1,500 smallholder farmers to grow organic wildlife-friendly jasmine rice, which will help protect endangered species while also earning a premium price for ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/bank-backs-eco-friendly-farming

Canada called to chip in for demining work

Cambodia has requested that Canada consider supporting a research project and review the current status of minefields as related to land use across the country to reduce the cost and time for demining. ...

Nov Sivutha
https://www.phnompenhpost.com/national/canada-called-chip-demining-work

Mekong dam monitor launched by US State Department

The U.S. Department of State has launched the Mekong Dam Monitor in collaboration with the Stimson Center and Eyes on Earth. The new Mekong Dam Monitor is a significant step toward improving understanding of the water conditions in the Mekong River Basin. ...

Jason Boken
https://www.khmertimeskh.com/50794746/mekong-dam-monitor-launched-by-us-state-department/

Kingdom, development partners talk vaccination

On December 17, several government ministries called an emergency meeting with major aid organisations and partner nations about a procurement plan for Covid-19 vaccines and plans for implementing a vaccination programme. ...

Mom Kunthear
https://www.phnompenhpost.com/national/kingdom-development-partners-talk-vaccination

Customs duty cuts set for Jan 1

The government has decided to slash customs tariff rates and special tariffs on some imported goods and raw materials in a bid to lift investor sentiment out of the Covid-19 doldrums. Prime Minister Hun Sen on December signed a sub-decree to this end, which will go ...

Thou Vireak
https://www.phnompenhpost.com/business/customs-duty-cuts-set-jan-1

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