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News

ADB asked to craft game plan for monorail, subway

The Ministry of Public Works and Transport on April 6 asked the Metro Manila-based Asian Development Bank (ADB) to help devise strategies for monorail and subway projects planned for Phnom Penh. ...

Thou Vireak
https://www.phnompenhpost.com/business/adb-asked-craft-game-plan-monorail-subway

ABC, CMA set out six debt relief measures

The Association of Banks in Cambodia (ABC) and Cambodia Microfinance Association (CMA) on April 7 ordered members to adopt six measures of financial relief in light of the economic fallout and depressed incomes caused by the February 20 community transmission of Covid-19. ...

May Kunmakara
https://www.phnompenhpost.com/business/abc-cma-set-out-six-debt-relief-measures

Dry season rice crops have bumper Q1, exports decrease by 33 per cent

Yields for this year’s dry-season crops, especially rice, increased significantly in the first quarter of 2021, though exports decreased compared to the same period last year, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Long Kimmarita
https://www.phnompenhpost.com/national/dry-season-rice-crops-have-bumper-q1-exports-decrease-33-cent

Jabs could be ‘mandatory’: PM

Prime Minister Hun Sen has suggested that vaccination become “mandatory” if the rate of Covid-19 infection does not subside and that this policy – if adopted – would first be applied to Phnom Penh. ...

Mom Kunthear
https://www.phnompenhpost.com/national/jabs-could-be-mandatory-pm

Police announce tightened security for KNY

National Police Chief General Neth Savoeun has instructed officers to tighten security and public order for the upcoming Khmer New Year from April 14 to 16. ...

Sar Socheath
https://www.khmertimeskh.com/50835019/police-announce-tightened-security-for-kny/

C-19 patients with mild symptoms allowed to be treated at home

Prime Minister Hun Sen has instructed the Ministry of Health and relevant authorities to prepare health officials to provide treatment for COVID-19 patients with mild symptoms at home. ...

Tith Kongnov
https://www.khmertimeskh.com/50835022/c-19-patients-with-mild-symptoms-allowed-to-be-treated-at-home/

MRC unveils plans to balance Mekong basin development

The Mekong River Commission (MRC) unveiled a new 10-year Basin Development Strategy (BDS) and five-year Strategic Plan (SP) to balance basin development and management to enable Mekong member countries to address emerging challenges and improve the overall state of the basin. ...

Lay Samean
https://www.phnompenhpost.com/national/mrc-unveils-plans-balance-mekong-basin-development

CSHD destroys 181 units of UXO found in Oddar Meanchey village

Cambodia Self Help Demining (CSHD) destroyed 181 pieces of unexploded ordnance (UXO) on April 6 after finding them on April 4 in Po Chas village of Banteay Ampil district’s Beng commune in Oddar Meanchey province.​   ...

Kim Sarom
https://www.phnompenhpost.com/national/cshd-destroys-181-units-uxo-found-oddar-meanchey-village

Gov’t imposes inter-province travel ban ahead of New Year

The government has imposed inter-provincial travel ban from April 7-20 in a bid to contain the spread of Covid-19. However, Phnom Penh and neighbouring Kandal province are treated as one administrative region, so travel between them can continue.   ...

Gov’t imposes inter-province travel ban ahead of New Year Mom Kunthear
https://www.phnompenhpost.com/national/govt-imposes-inter-province-travel-ban-ahead-new-year

Indebted oil company reports lower-than-expected oil at Cambodian block

KrisEnergy has warned that its current production rate at Cambodia’s Apsara offshore oil block has yielded only around half the company’s projected peak rate, and it has extended debt repayment deadlines and brought in an engineering firm to assess the situation amid “material uncertainty ...

Danielle Keeton-Olsen
https://vodenglish.news/indebted-oil-company-reports-lower-than-expected-oil-at-cambodian-block/

New president for Cambodian Women Entrepreneurs Association

Keo Mom, the chief executive officer (CEO) of Lyly Food Industry, has been elected as the new president of the Cambodian Women Entrepreneurs Association (CWEA) for its fourth mandate.  Her term will last from 2021-2024. ...

Sok Chan
https://www.khmertimeskh.com/50834182/new-president-for-cambodian-women-entrepreneurs-association/

Annual reports show three pictures of financial sector’s 2020

Three prominent financial houses – Hattha Bank Plc, PRASAC Microfinance Institution (MFI) Plc and PPCBank Plc  – released their annual financial reports and, in so doing, delivered a comprehensive look at how the sector in general fared over the course of pandemic-struck 2020. ...

Husain Haider and William Nygren
https://www.khmertimeskh.com/50834597/annual-reports-show-three-pictures-of-financial-sectors-2020/

ASEAN ministers to discuss cooperation with United Kingdom

Minister of Foreign Affairs and Cooperation Prak Sokhonn will join his ASEAN counterparts online tomorow to discuss with British Foreign Secretary Dominic Raab  how to strengthen cooperation between the 10-nation bloc and Britain. ...

Sok Samnang
https://www.khmertimeskh.com/50835172/asean-ministers-to-discuss-cooperation-with-united-kingdom/

More trade centres planned for China

The Ministry of Commerce is working to establish more trade centres in China with the aim of promoting Cambodian products and boosting Khmer exports to China. ...

Chea Vanyuth
https://www.khmertimeskh.com/50835069/more-trade-centers-planned-for-china/

Commerce ministry posts 50.8% dip in revenue

The Ministry of Commerce posted $12.7 million in revenue for 2020, down by 50.83 per cent over $26.60 million in 2019, driven down by reductions in business registration fees and an increasing number of merchants self-certifying their products’ origins. ...

Thou Vireak
https://www.phnompenhpost.com/business/commerce-ministry-posts-508-dip-revenue

PM: Use more Cambodian products

Prime Minister Hun Sen on April 1 appealed to Cambodians’ sense of patriotism to use more local products and called on producers to provide an extra dose of care in their operations to win over consumers. ...

Thou Vireak
https://www.phnompenhpost.com/business/pm-use-more-cambodian-products

Electronic, electrical exports hit $755.34M

Cambodia exported $755.34 million worth of electrical equipment and electronic components to international markets in 2020, up 31.49 per cent compared to $574.44 million in 2019, according to the Ministry of Commerce. ...

Hin Pisei
https://www.phnompenhpost.com/business/electronic-electrical-exports-hit-75534m

Air base substation commissioned as hottest months near

State-run energy supplier Electricite du Cambodge (EdC) has commissioned a 115kV high-voltage substation to supply Phnom Penh residents with power as demand soars, according to its director-general Keo Rottanak. ...

Thou Vireak
https://www.phnompenhpost.com/business/air-base-substation-commissioned-hottest-months-near

Tesla ‘yet to request’ business licence

South African-born US entrepreneur Elon Musk’s Tesla Inc has not yet requested a business licence with the Ministry of Commerce as of April 6, ministry spokesman Pen Sovicheat told The Post. ...

May Kunmakara
https://www.phnompenhpost.com/business/tesla-yet-request-business-licence

Over 100 CSOs call for debt relief

A coalition of 103 civil society organisations (CSOs) reiterated a call for the government to issue a set of guidelines for all financial institutions in Cambodia to suspend loan payments, set interest rates to zero per cent and waive accrued interest for at least three ...

Thou Vireak
https://www.phnompenhpost.com/business/over-100-csos-call-debt-relief

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