News

NGO embarks on mission for green SEZs

Motivated to build a green industrial zone in Cambodia, the newly-established NGO Environmental Protection Industry Associations of Cambodia (Epiac) will work with Chinese-owned industrial park developer and operator QiLu (Cambodia) Special Economic Zone Co Ltd to set a new precedent for environmentally-friendly design and construction. ...

May Kunmakara
https://www.phnompenhpost.com/business/ngo-embarks-mission-green-sezs

Cambodia’s Kampot pepper granted GI certification from 50 Countries

The Ministry of Commerce has secured geographical indication (GI) certification of Cambodia’s Kampot pepper from 50 countries. The update was provided by the Minister of Commerce Pan Sorasak when presiding over official Handover Ceremony of Czech Machine and Buying “Kampot Pepper” from Small Farmers by ...

Phal Sophanith/AKP
https://www.khmertimeskh.com/50788387/cambodias-kampot-pepper-granted-gi-certification-from-50-countries/

Increase in Russian investment sought by commerce ministry

Cambodia has called for an increase in investment from Russia, particularly in the light and medium machinery sector, according to a senior official at the Ministry of Commerce. ...

Sok Chan
https://www.khmertimeskh.com/50788919/increase-in-russian-investment-sought-by-commerce-ministry/

ADB projects a rebound in growth for 2021

Asian Development Bank (ADB) has adjusted its medium-term outlook for Cambodia’s economy, projecting that it will contract by 4 percent by the end of the year.  ADB’s previous outlook had projected that the national economy would decline by 5.4 percent compared with last year, as ...

Sok Chan
https://www.khmertimeskh.com/50788737/adb-projects-a-rebound-in-growth-for-2021/

More than 5M tonnes of agriculture products exported in the first 11 months

Cambodia has exported more than 5 millon tonnes of agricultural products (excluding rice) in the first 11 months, according to Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

Sok Chan
https://www.khmertimeskh.com/50788962/more-than-5m-tonnes-of-agriculture-products-exported-in-the-first-11-months/

Clean energy microgrid in pipeline for Koh Rong Sanloem

A new private-sector energy development is in the pipeline for Koh Rong Sanloem Island with the goal of bringing clean and reliable electricity 24 hours a day to the remote location. ...

Thou Vireak
https://www.phnompenhpost.com/business/clean-energy-microgrid-pipeline-koh-rong-sanloem

Kampong Speu steelworks to begin operations

Chinese-owned Hong De Sheng (Cambodia) Steel Co Ltd has announced that its $16.7 million steelworks in Kampong Speu province’s northeastern Oudong district will start operations this month. ...

Thou Vireak
https://www.phnompenhpost.com/business/kampong-speu-steelworks-begin-operations

Rice exports grow

CRF’s president Song Saran said demand for Cambodian rice in the global market is increasing and the CRF expected exports to reach 800,000 tonnes this year. However, because there was drought, and flash-flooding in September, the figure may change. ...

Sok Chan
https://www.khmertimeskh.com/50788230/rice-exports-grow/

Winds of change for renewables in the Kingdom

Kampot province will be home to the Kingdom’s first wind farm – a step in the right direction in terms of Cambodia’s renewable energy movement, say experts. The first wind power project in Cambodia is approaching the construction stage. The Blue Circle (Cambodia), the company ...

Jason Boken
https://www.khmertimeskh.com/50788448/winds-of-change-for-renewables-in-the-kingdom/

Microfinance ‘bad loans’ fall to 2.27% in October

The microfinance sector’s nonperforming loan (NPL) ratio decreased from 2.56 percent in September to 2.27 percent in October after rising from 1.33 percent in January and peaking in May at 2.61 percent. ...

Harrison White
https://www.khmertimeskh.com/50788275/microfinance-bad-loans-fall-to-2-27-in-october/

Mondulkiri Bunong community seeks return of forest land

More than 200 indigenous Bunong families in Mondulkiri province have asked authorities to retrieve 5ha of community forest land they claim had been secretly stolen from them by speculators. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/mondulkiri-bunong-community-seeks-return-forest-land

All Cinemas, Museums and Theatres closed

The Ministry of Culture and Fine Arts has announced that all cinemas, museums and theatres in Cambodia are to be closed immediately for a period of 2 weeks from today. ...

Khmer Times Staff
https://www.khmertimeskh.com/50787688/all-cinemas-museums-and-theatres-closed-for-2-weeks/

P2P lending marketplace launches

Peer-to-peer (P2P) lending marketplace Rai Capital (Cambodia) Co Ltd on November 26 announced its official launch in the Kingdom. It said it is designed for micro-entrepreneurs and individuals to promote financial inclusion in the Kingdom and enable flexible local financing solutions for local businesses and ...

Thou Vireak
https://www.phnompenhpost.com/business/p2p-lending-marketplace-launches

PPSP refutes Singapore group’s power allegations

Cambodia Securities Exchange- (CSX-) listed Phnom Penh Special Economic Zone Plc (PPSP) refuted Singapore-based Asiatic Group (Holdings) Ltd’s (AGH) allegations over breaching a power plant joint venture (JV) agreement. ...

May Kunmakara
https://www.phnompenhpost.com/business/ppsp-refutes-singapore-groups-power-allegations

Digital literacy a key component to new ecommerce strategy

The government has released a new e-commerce strategy to address how the nation can best benefit from the rapid growth over the last decade of the Kingdom’s digital economy. ...

Jason Boken
https://www.khmertimeskh.com/50787984/digital-literacy-a-key-component-to-new-ecommerce-strategy/

38 Roads project to modernise Siem Reap City and tourism

Prime Minister Hun Sen said yesterday that the construction of 38 roads in Siem Reap will modernise the city and improve the tourism experience in this renowned travel destination. ...

Sok Chan
https://www.khmertimeskh.com/50787815/38-roads-project-to-modernise-siem-reap-city-and-tourism/

CBC develops wide-ranging financial app

The Credit Bureau of Cambodia (CBC) has made available a new digital application that for the first time allows Cambodian citizens to check their credit score, view credit reports and receive credit monitoring alerts. ...

Harrison White
https://www.khmertimeskh.com/50787813/cbc-develops-wide-ranging-financial-app/

Cambodia’s COVID-19 community outbreak increases to 14, tally now at 323

Cambodia’s Ministry of Health this morning announced eight new cases of the novel coronavirus (COVID-19), the tally thus rose to 323. ...

Khmer Times Staff
https://www.khmertimeskh.com/50787651/cambodias-covid-19-community-outbreak-increases-to-14-tally-now-at-323/

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