News

Ministry, Japan agri-firm ink MoU

The Ministry of Commerce on January 6 signed a memorandum of understanding (MoU) with Japan’s Yamato Green Co Ltd to develop value chains for agribusiness products. Having registered with the Ministry of Commerce on April 22, Yamato Green has had relative success in growing safe ...

Thou Vireak
https://www.phnompenhpost.com/business/ministry-japan-agri-firm-ink-mou

In-principle nod given to securities companies in Kingdom

The Securities and Exchange Commission of Cambodia (SECC) on January 5 approved in principle a handful of applications for licences. In a press release on the minutes of an SECC meeting led by chairman and Minister of Economy and Finance Aun Pornmoniroth, the securities regulator ...

Thou Vireak
https://www.phnompenhpost.com/business/principle-nod-given-securities-companies-kingdom

CBC wins consumer credit reporting award

Independent financial information provider Credit Bureau (Cambodia) Co Ltd (CBC) scooped an award for “Excellence in Consumer Credit Reporting”, CBC said in a January 5 press release. UK-based “reputed international business magazine” Global Business Outlook (GBO) honoured the locally-owned CBC for its “exceptional performance” in Cambodia’s ...

May Kunmakara
https://www.phnompenhpost.com/business/cbc-wins-consumer-credit-reporting-award

Cambodia-Malaysia double tax agreement now in effect

The double tax avoidance agreement (DTA) between Cambodia and Malaysia came into effect on January 1, ushering in optimism and hope in the private sector that bilateral investment will garner steam. Royal Code NS/RKM/1120/023, dated November 14, 2020, promulgated the “Law on the Approval of ...

Thou Vireak
https://www.phnompenhpost.com/business/cambodia-malaysia-double-tax-agreement-now-effect

Chilli exports ratchet up a red-hot 27% in spicy 2020

The government’s policy to boost productivity performance in the agricultural sector has lit a fire under the Kingdom’s exports, with shipments of fresh chilli flaring up 27.08 per cent from 55,513 tonnes in 2019 to 70,546 tonnes in a spicy 2020, according to Minister of ...

Hin Pisei
https://www.phnompenhpost.com/business/chilli-exports-ratchet-red-hot-27-spicy-2020

Firms yearn for investment law in 2021

Optimism prevails in the private sector that the Investment Law widely anticipated to launch later in the year will spell new momentum in the Kingdom’s industrial diversification in parallel with the region and beyond. The current edition of the law comprises 11 chapter and 39 ...

May Kunmakara
https://www.phnompenhpost.com/business/firms-yearn-investment-law-2021

5G ready to rocket once launch button hit

Super high-speed 5G technology is ready to roll out across Cambodia with the infrastructure enabling the technology already in place across the Kingdom’s five major cities, say observers.  With successful testing having occurred and the number of people with 5G-enabled devices growing daily, the only ...

Jason Boken
https://www.khmertimeskh.com/50801705/5g-ready-to-rocket-once-launch-button-hit/

Sand mining contracts cause serious concerns

The Ministry of Mines and Energy has called for bids for sand mining licences across 2,000 hectares in Koh Kong and Preah Sihanouk provinces. Sand mining is conducted mainly at open pits, beaches, inland dunes or from the dredging of ocean and river beds. ...

Jason Boken
https://www.khmertimeskh.com/50801310/sand-mining-contracts-cause-serious-concerns/

Sunny future predicted for photovoltaics

The United Nations Development Programme (UNDP) Cambodia’s resident representative, Nick Beresford, said yesterday solar technology is moving fast, is far cheaper than carbon-based energy and provides clean electricity. He said the UNDP is working with the Ministry of Mines and Energy on projects to ensure ...

Sok Chan
https://www.khmertimeskh.com/50801824/sunny-future-predicted-for-photovoltaics/

Big boost for e-learning in Kingdom

The Ministry of Education and National Assembly are cooperating on efforts to boost digital education in the Kingdom.   ...

Sen David
https://www.khmertimeskh.com/50801617/big-boost-for-e-learning-in-kingdom/

Over 100 Cambodians reportedly infected in Thailand

The Thai Ministry of Public Health’s Department of Disease Control (DDC) has reported on its website that as of yesterday evening, a total 108 Cambodians in Thailand have tested positive for COVID-19. ...

Tith Kongnov
https://www.khmertimeskh.com/50801244/over-100-cambodians-reportedly-infected-in-thailand/

Cambodia’s Mekong water levels to drop due to power grid maintenance in China

The water outflow at Jinghong hydropower  station in China’s Yunnan province is dropping due to power grid maintenance during 5 – 24 January, leading  to changes  in river water levels along the Mekong River in Thailand, Lao PDR, and Cambodia, according to a press release ...

Heng Panha
https://www.khmertimeskh.com/50801286/cambodias-mekong-water-levels-to-drop-due-to-power-grid-maintenance-in-china/

Chinese assistance instrumental in clearing 1,708 hectares of landmine-contaminated areas in Cambodia

Last year, China helped Cambodia to clear a total of 1,708 hectares of land contaminated with 9,238 landmines and unexploded ordnance (UXOs), said Cambodian Mine Action Centre (CMAC)’s Director General Heng Ratana. ...

Khmer Times Staff
https://www.khmertimeskh.com/50801722/chinese-assistance-instrumental-in-clearing-1708-hectares-of-landmine-contaminated-areas-in-cambodia/

Gov’t calls on public to help with wildlife, forestry conservation

Minister of Environment Say Sam Al urged the public to prevent land disputes and contribute to forest and wildlife conservation in the Phnom Tnout-Phnom Pok Wildlife Sanctuary.   ...

Nov Sivutha
https://www.phnompenhpost.com/national/govt-calls-public-help-wildlife-forestry-conservation

Call to block illegal fish imports

Agriculture Minister Veng Sakhon yesterday reiterated a call for authorities to prevent the smuggling of farmed fish from neighbouring countries to supply local demand. ...

Chea Vanyuth
https://www.khmertimeskh.com/50800805/call-to-block-illegal-fish-imports/

Gov’t gives $23mil to workers who lost jobs over pandemic

A total of $23 million has been given out to those affected by the closure of businesses in the tourism industry and garment factories due to the COVID-19 pandemic. ...

Sen David
https://www.khmertimeskh.com/50800806/govt-gives-23mil-to-workers-who-lost-jobs-over-pandemic/

20ha of land from Tamouk Lake for Calmette Hospital branch

The government has allocated a 20-hectare site for the construction of a Calmette Hospital medical branch in Kork Roka commune, Prek Pnov district in Phnom Penh. ...

Khann Chanvirak
https://www.khmertimeskh.com/50800479/20ha-of-land-from-tamouk-lake-for-calmette-hospital-branch/

11 Provinces enjoy better sanitation and hygiene services

Thanks to Plan International Cambodia, some 1.5 million Cambodians in 11 provinces are now able to enjoy improved hygiene and sanitation services. ...

Buth Sela
https://www.khmertimeskh.com/50800513/11-provinces-enjoy-better-sanitation-and-hygiene-services/

Cambodia’s rubber export reach $459 million in 2020

Cambodia exported some 340,000 tonnes of rubber in 2020 generating $459 million for the national income. ...

Khmer Times Staff
https://www.khmertimeskh.com/50800901/cambodias-rubber-export-reach-459-million-in-2020/

Ministry shares 2020 agri-export numbers

The Kingdom exported $4.037 billion in agricultural products in 2020, according to data from the Minister of Agriculture, Forestry and Fisheries. ...

Sok Chan
https://www.khmertimeskh.com/50800406/ministry-shares-2020-agri-export-numbers/

NBC outlines 2021 risks for personal debt growth

The National Bank of Cambodia (NBC) said declines in personal income and savings in 2020 pose the primary risk for a potential increase in personal debt in the Kingdom in 2021, according to its Macroeconomic and Banking Sector Update 2020 report. ...

Sok Chan
https://www.khmertimeskh.com/50799995/nbc-outlines-2021-risks-for-personal-debt-growth/

Rare Yellow-breasted Bunting spotted on New Year’s Day

The rare Yellow-breasted Bunting (Emberiza aureola), a bird that is said to give a lot of positive and healing properties in Buddhist tradition, was confirmed on New Year’s Day as having returned to the Kingdom after a lapse of three years. ...

Sar Socheath
https://www.khmertimeskh.com/50800087/rare-yellow-breasted-bunting-spotted-on-new-years-day/

Justice ministry: 89 per cent court case backlog cleared

Just 222 days after the launch of a campaign to address the court case backlog throughout the Kingdom, the Ministry of Justice has cleared 35,100, or 89 per cent, out of a total of 39,152 cases that were pending. ...

Voun Dara
https://www.phnompenhpost.com/national/justice-ministry-89-cent-court-case-backlog-cleared

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