News

Combating HIV/AIDS remains government priority

The Cambodian government has reaffirmed its commitment to combatting HIV/AIDS in light of today being World AIDS Day. ...

Sar Socheath
https://www.khmertimeskh.com/50787827/combating-hiv-aids-remains-government-priority/

Gathering of over 20 people prohibited in Phnom Penh and Siem Reap

Prime Minister Hun Sen said gatherings of more than 20 people and wedding parties are banned in Phnom Penh and Siem Reap province for 15 days to contain the COVID-19 transmission in the community.   ...

Ben Sokhean
https://www.khmertimeskh.com/50787736/gathering-of-over-20-people-prohibited-in-phnom-penh-and-siem-reap/

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/

Public and private schools shuttered again from today

All public schools across the country has been instructed to end the 2019-2020 academic year on Nov. 30, according to a new directive of the Ministry of Education, Youth and Sports issued Sunday night. ...

Khmer Times Staff
https://www.khmertimeskh.com/50787476/public-and-private-schools-shuttered-again-from-today/

PM seeks more digitalisation across region

Prime Minister Hun Sen has called for countries in the region to increase digital connection development in a bid to help the economy recover after the COVID-19 pandemic. ...

Khmer Time Staff
https://www.khmertimeskh.com/50787340/pm-seeks-more-digitalisation-across-region/

ADB approves $70 million loan to strengthen agricultural value chain and food safety in Cambodia

The Asian Development Bank (ADB) has approved a $70 million loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products such as cassava, cashews, mangoes, vegetables, and poultry. ...

Sok Chan
https://www.khmertimeskh.com/50787037/adb-approves-70-million-loan-to-strengthen-agricultural-value-chain-and-food-safety-in-cambodia/

New digital platforms to ease tax collection and management

The General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. ...

Lim Nary/AKP
https://www.khmertimeskh.com/50787198/new-digital-platforms-to-ease-tax-collection-and-management/

Vegetable planting up, but not yet feeding local demand in full

Vegetable planting in Cambodia is reported up dramatically, but the nation cannot end imports because local consumption is bigger than production, said Minister of Agriculture Forestry and Fisheries Veng Sakhon at the celebration of the seventhth national nutrition day in Kampong. ...

Sar Socheath
https://www.khmertimeskh.com/50787580/vegetable-planting-up-but-not-yet-feeding-local-demand-in-full/

Firm takes the smoke out of BBQ with biomass innovation

Rethinking how to utilise waste as a source of energy is a hot topic in Cambodia, a country short on power that also grapples with a mounting organic waste problem. ...

Tom Starkey
https://www.khmertimeskh.com/50787543/firm-takes-the-smoke-out-of-bbq-with-biomass-innovation/

WorldBridge’s SME cluster zone breaks ground in Takhmao town

WorldBridge Industrial Developments Co Ltd on November 27 broke ground on its long-awaited WorldBridge i4.0 SME Cluster zone in Kandal province. ...

Hin Pisei
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-breaks-ground-takhmao-town

Hyatt hotel in capital set for January 2021 launch

The $180 million The Hyatt Regency Phnom Penh hotel is set to launch in January, marking the brand’s first venture into the Kingdom’s capital. Local conglomerate Chip Mong Group signed a management agreement with Chicago, US-based Hyatt Hotels Corp in September 2016 for the hotel, ...

Thou Vireak
https://www.phnompenhpost.com/business/hyatt-hotel-capital-set-january-2021-launch

Seeds sown for Stung Treng agriculture

Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...

Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture

Gov’t credit guarantee unit set for 2021

The Credit Guarantee Corporation of Cambodia (CGCC) is on track to be launched in the first half of next year, Banking Association of Cambodia (ABC) president In Channy told The Post on November 26. The CGCC was established by Sub-Decree No 140 ANKr BK on ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-credit-guarantee-unit-set-2021

UNDP push for gov’t bonds as investors request good returns

The United Nations Development Programme (UNDP) has renewed calls for the Cambodian government to issue sovereign bonds in riels to underpin the government’s effort on de-dollarisation and protect the economy against external shocks. ...

Harrison White
https://www.khmertimeskh.com/50786840/undp-push-for-govt-bonds-as-investors-request-good-returns/

Seeds sown for Stung Treng agriculture

Stung Treng provincial authorities will work with integrated food-distribution company Hun Ty Co Ltd to exploit the province’s potential for crop cultivation and potentially set up a processing plant for export down the line, provincial administration spokesman Men Kung told The Post on November 26. ...

Hin Pisei
https://www.phnompenhpost.com/business/seeds-sown-stung-treng-agriculture

Japan donates $3 million to fight marine plastic waste

The Japanese government will provide a $3 million grant to help Cambodia fight marine plastic pollution and promote a responsible cycle of using, reusing and recycling all forms of plastic waste.​The grant will fund an anti-waste project to be implemented by the Ministry of Environment, ...

Nov Sivutha
https://www.phnompenhpost.com/national/japan-donates-3-million-fight-marine-plastic-waste

MoC conducts workshop on Law on Consumer Protection

The Ministry of Commerce’s Directorate General of Consumer Protection, Competition and Fraud (CCF) has conducted a “National Dissemination and Planning Workshop on the Law on Consumer Protection” for relevant stakeholders and representatives of local and international organizations.​ ...

Sok Chan
https://www.khmertimeskh.com/50786648/moc-conducts-workshop-on-law-on-consumer-protection/

PPCBank bond trades on secondary market

In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...

May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market

E-Commerce Strategy launched

Cambodia officially launched the E-Commerce Strategy on November 25 in a bid to achieve and drive forward competitive growth in trade and economic terms and aid in its pursuit of becoming an upper middle-income country by 2030 and a high-income country by 2050. ...

Hin Pisei
https://www.phnompenhpost.com/business/e-commerce-strategy-launched

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