News

CMA members restructure $1.4B in loans

Financial institutions that are members of the Cambodia Microfinance Association (CMA) restructured some $1.397 billion in loans for 289,422 borrowers as of February 28 since the National Bank of Cambodia (NBC) on March 27 issued a circular on loan restructuring during Covid-19, according to CMA. ...

May Kunmakara
https://www.phnompenhpost.com/business/cma-members-restructure-14b-loans

Business councils talk Thai trade

Two Bangkok-based business councils have demonstrated their commitment to join forces and ensure frictionless cross-border trade between Cambodia and Thailand amid tightened border controls imposed in the harsh times of the Covid-19 pandemic. ...

May Kunmakara
https://www.phnompenhpost.com/business/business-councils-talk-thai-trade

Agri-exports surge 55% in Jan-Feb

Cambodia exported a total of 1,599,922.37 tonnes of major non-milled-rice agricultural products in the first two months of this year, an increase of 569,493.88 tonnes or 55.27 per cent compared to the same period in 2020, according to Minister of Agriculture, Forestry and Fisheries Veng ...

Thou Vireak
https://www.phnompenhpost.com/business/agri-exports-surge-55-jan-feb

Music to our ears as Spotify dominates the local charts

The battle for the hearts (and ears) of Cambodian audiophiles is heating up. During its inaugural week in the Cambodian market, music streaming app Spotify has already rocketed to the top of the nation’s download charts. ...

Husain Haider
https://www.khmertimeskh.com/50820672/music-to-our-ears-as-spotify-dominates-the-local-charts/

2020 bilateral trade with China reaches $8.2 billion

Data from the Ministry of Commerce showed Cambodia exported $1.086 billion of goods to China, a year-on-year increase of 8.1 percent.  Cambodia’s 2020 imports from China were valued at $7.031 billion, a contraction of 6.9 percent compared with 2019 figures. ...

Chea Vanyuth
https://www.khmertimeskh.com/50820988/2020-bilateral-trade-with-china-reaches-8-2-billion/

Ministry invites exporters to expo in east China

The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29. ...

Hin Pisei
https://www.phnompenhpost.com/business/ministry-invites-exporters-expo-east-china

PWSA enjoys banner 2020

Stock-listed utility Phnom Penh Water Supply Authority (PWSA) reported strong growth and solid overall business performance last year despite economic disruptions caused by the Covid-19 pandemic. ...

May Kunmakara
https://www.phnompenhpost.com/business/pwsa-enjoys-banner-2020

West Baray water source under irrigation pressure

The Apsara National Authority (ANA) has urged farmers living in the Angkor area to grow dry-season rice crops once per year only to reduce risks of water overuse that could drain too much water from the crucial West Baray. ...

Long Kimmarita
https://www.phnompenhpost.com/national/west-baray-water-source-under-irrigation-pressure

Captive royal turtles lay first ever eggs

Five endangered royal turtles raised at the Koh Kong Reptile Conservation Centre (KKRCC) have now laid 71 eggs – marking the first time this particular species of turtle has ever laid eggs while in captivity at the centre – according to a press release from ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/captive-royal-turtles-lay-first-ever-eggs

Japan provides $1.7M for demining

The Japanese government has provided more than $1.76 million to Japan Mine Action Service (JMAS) to implement a demining project in Banteay Meanchey province and a cluster munitions clearance effort in Stung Treng province. ...

Niem Chheng
https://www.phnompenhpost.com/national/japan-provides-17m-demining

Minister: Inclusive meeting vital

Minister of Interior Sar Kheng has instructed heads of the government’s local visit working groups throughout the country to ensure that relevant officials are invited to attend all meetings at the municipal, district and commune levels. ...

Voun Dara
https://www.phnompenhpost.com/national/minister-inclusive-meeting-vital

Feb 20 incident C-19 scourge spreads to factory

The February 20 Community Incident continues to plague the Kingdom with a woman linked to it, becoming the country’s first factory worker to be infected with COVID-19. ...

Sen David
https://www.khmertimeskh.com/50819890/feb-20-incident-c-19-scourge-spreads-to-factory/

Over 10,000 quarantined in capital, government allowance for the poor

As the number of COVID-19 cases and hotspots related to the “February 20 Community Incident” increase day by day, more than 10,000 Phnom Penh residents have been placed in quarantine after being directly or indirectly in contact with the patients. ...

Taing Rinith
https://www.khmertimeskh.com/50819891/over-10000-quarantined-in-capital-government-allowance-for-the-poor/

29 locations in Sihanoukville to be used as quarantine centres

The Preah Sihanouk Provincial Administration released a report yesterday that in order to prevent the spread of COVID-19, they decided to commandeer 29 hotels, apartments, casinos, buildings and shopping malls to be used as quarantine centres. ...

Tith Kongnov
https://www.khmertimeskh.com/50819895/29-locations-in-sihanoukville-to-be-used-as-quarantine-centres/

Cambodian UN Ambassador refutes human rights allegations

Cambodia’s Representative of the Permanent Mission to the United Nations Office in Geneva on Monday refuted claims made by the UN High Commissioner for Human Rights that civic space is shrinking in Cambodia. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50819960/cambodian-un-ambassador-refutes-human-rights-allegations/

Bridge linking Kampong Cham and Tboung Khmum to open for public soon

The Cambodia-China Friendship Bridge crossing the Mekong River connecting Kampong Cham and Tboung Khmum provinces is set to be ready for use soon, with construction works almost 96 percent complete. ...

Chea Vanyuth
https://www.khmertimeskh.com/50819963/bridge-linking-kampong-cham-and-tboung-khmum-to-open-for-public-soon/

Profits flow in for PPWSA in 2020

Phnom Penh Water Supply Authority (PPWSA), in its annual disclosure document released on Tuesday, reported a pre-tax profit of approximately $29.68 million for 2020. ...

Husain Haider
https://www.khmertimeskh.com/50820070/profits-flow-in-for-ppwsa-in-2020/

Dara Sakor International Airport ‘to open mid-2021’

A senior official at the State Secretariat of Civil Aviation (SSCA) said the construction of Dara Sakor International Airport in Koh Kong province is on schedule and plans are for flight operations to begin in mid-2021. ...

Sok Chan
https://www.khmertimeskh.com/50820010/dara-sakor-international-airport-to-open-mid-2021/

Chevron plans to increase Caltex petrol stations to 100

The government has welcomed Chevron (Cambodia) Ltd’s plan to nearly triple its network of Caltex petrol stations in the Kingdom to 100, according to a senior official at the Ministry of Mines and Energy on February 28. ...

May Kunmakara
https://www.phnompenhpost.com/business/chevron-plans-increase-caltex-petrol-stations-100

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