News
$2.7 million of investment welcome in times of need
Logwood Apparel Co Ltd has been given the go-ahead from the Council for the Development of Cambodia (CDC) to build a factory in Kandal Stung district, Kandal province. The newly-approved project with a total investment of $2.7 million covers the production of clothes and medical ...
Jason Boken
https://www.khmertimeskh.com/50764132/2-7-million-of-investment-welcome-in-times-of-need/
Cambodia has exported more than 3 million tonnes of agricultural produce
More than 3 million tonnes of Cambodia’s agricultural products were exported as of Sept 11, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...
Move to unify non-banking finance regulators
A new non-banking financial services draft law designed to combine all non-banking regulators has been sent for legislative approval by Prime Minister Hun Sen during his most recent council of ministers meeting. ...
Kuch Nithatevy
https://www.khmertimeskh.com/50763856/move-to-unify-non-banking-finance-regulators/
Developing national entrepreneurship
The first National Entrepreneurship Award 2020 ended last month with a fruitful achievement. Meanwhile, the government is looking to scale up and make the second National Entrepreneurship Award more attractive for next year, according to a senior executive of Khmer Enterprise (KE), an implementation unit ...
Sok Chan
https://www.khmertimeskh.com/50764035/developing-national-entrepreneurship/
Machinery: A growing feature of farming
The Ministry of Agriculture, Forestry and Fisheries (MAFF) has been working with the private sector and development partners to integrate the use of agricultural machinery into middle-class farming communities to respond to the current and future decline in the agricultural workforce. ...
Sorn Sarath
https://www.khmertimeskh.com/50764036/machinery-a-growing-feature-of-farming/
US pledges $153 million toward Mekong development
The U.S. Department of State on Friday pledged about $153.6 million for cooperation projects across the Mekong region, including crime fighting, data sharing, and disaster management. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763322/us-pledges-153-million-toward-mekong-development/
Cambodia commits over 200 to peacekeeping missions in Mali
Cambodia has dispatched 218 Blue Helmets to join the United Nation’s peacekeeping mission in Mali. ...
Sen David
https://www.khmertimeskh.com/50763440/cambodia-commits-over-200-to-peacekeeping-missions-in-mali/
New COVID-19 case after almost two weeks
After having no new cases for nearly two consecutive weeks with all patients recovering and discharged from the hospital, the Kingdom yesterday logged the latest case, a 54-year-old British man, raising the country’s total to 275. ...
Khann Chanvirak
https://www.khmertimeskh.com/50763439/new-covid-19-case-after-almost-two-weeks/
ADB provides $127.8 million loan for reliable electricity infrastructure
The Asian Development Bank (ADB)approved a $127.8 million loan on Friday to expand the construction of transmission lines and substations, aiming to help provide Phnom Penh and three other provinces with a stable and reliable electricity supply. ...
Digital education will continue to be a priority
The Ministry of Education is cooperating with the International Centre for Higher Education Innovation of Unesco (Unesco-ICHEI) to diversify higher education with more digital-focussed programmes ...
Kuch Nithatevy
https://www.khmertimeskh.com/50763513/digital-education-will-continue-to-be-a-priority/
Churches allowed to reopen after six-month closure due to pandemic
Churches have resumed religious services after the six-month closure and ban on group gatherings to prevent the spread of COVID-19 was lifted on Saturday. ...
Som Kanika
https://www.khmertimeskh.com/50763484/churches-allowed-to-reopen-after-six-month-closure-due-to-pandemic/
Japanese investments in Cambodia
Cambodia and Japan have just held the 20th Cambodia-Japan Public-Private Sector Meeting under the agreement for the liberalisation, promotion and protection of investment. This is the only bilateral mechanism between the two countries to promote diplomatic, economic, trade and investment cooperation. ...
Sorn Sarath
https://www.khmertimeskh.com/50763633/japanese-investments-in-cambodia/
Industry to promote sustainable energy
The Garment Manufacturers Association of Cambodia in collaboration with the Global Green Growth Institute (GGGI) and GERES – the Group for the Environment, Renewable Energy and Solidarity, an international development nongovernmental organisation set up in Marseille in 1976 – is jointly implementing the project called ...
Sok Chan
https://www.khmertimeskh.com/50763442/industry-to-promote-sustainable-energy/
Capital market grows in face of Coronavirus
While some sectors in the country have been hit by the COVID-19 pandemic this year, the capital market in contrast saw growth in terms of listing companies and investors, said Sou Socheat, director-general of the Securities and Exchange Commission of Cambodia (SECC). ...
Sok Chan
https://www.khmertimeskh.com/50763658/capital-market-grows-in-face-of-coronavirus/
Going nuts for cashews
The Cambodian government together with nongovernmental organisations (NGOs), the private sector and farmers are joining hands to develop the cashew industry by establishing a Cambodia Cashew Federation (CCF) to commercialise the sector internationally. ...
Sorn Sarath
https://www.khmertimeskh.com/50763659/going-nuts-for-cashews/
Government continues to battle COVID-19 with $78 million distributed so far
The Ministry of Economy and Finance has announced that the government has so far distributed $78 million to poor families suffering from the pandemic. ...
Cambodia’s COVID-19 situation: No new case for 11 consecutive days and no active case
Cambodia this morning reported that the last remaining COVID-19 patient, an 18-year-old Indonesian male, has been successfully treated and discharged from hospital. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763149/cambodias-covid-19-situation-no-new-case-for-11-consecutive-days-and-no-active-case/
Promoting Cambodia’s Digital Higher Education
The Ministry of Education, Youth and Sports in cooperation with the International Centre for Higher Education Innovation of UNESCO (UNESCO-ICHEI) in Shenzhen is advancing higher education in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763067/promoting-cambodias-digital-higher-education/
Next year’s minimum wage set at $190
The National Council on Minimum Wage has set the 2021 minimum wage at $190 per month for workers in the textile, garment, and footwear industries, according to the Ministry of Labour. ...
Dina Huon
https://www.khmertimeskh.com/50762874/next-years-minimum-wage-set-at-190/
Kantha Bopha Foundation sees decrease in donations
The Kantha Bopha Foundation has reported a 20 percent decrease in donations within the first eight months of this year, compared to 2019. ...
Sok Srey Lux
https://www.khmertimeskh.com/50762935/kantha-bopha-foundation-sees-decrease-in-donations/
Trials and tribulations of entrepreneurship
A lot of young Cambodian adults now want to operate their own business rather than working for others. This trend has been rising year-on-year because they think working for themselves would help them become rich rapidly. ...
Sok Chan
https://www.khmertimeskh.com/50763049/trials-and-tribulations-of-entrepreneurship/
Phase 4 pipeline installation ready for flood protection
The underground installation of the interceptor pipeline system has been completed for the Phnom Penh Flood Protection and Drainage Improvement Project Phase 4. Meanwhile, the rest of the construction is on track and expected to be fully complete by 2021, according to Japan International Cooperation ...
Jason Boken
https://www.khmertimeskh.com/50763050/phase-4-pipeline-installation-ready-for-flood-protection/
Cambodia gets $127.8 million ADB loan to help expand power grid
The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...
Khmer Times Staff
https://www.khmertimeskh.com/50763156/cambodia-gets-127-8-million-adb-loan-to-help-expand-power-grid/
Foreign investors complain about the Kingdom’s business strictures
Foreign investors have asked the Cambodia government to reduce the cost of a certificate of origin (CO), which is currently far more expensive than other countries in ASEAN. ...
Sorn Sarath
https://www.khmertimeskh.com/50762873/foreign-investors-complain-about-the-kingdoms-business-strictures/