News
PM forecasts economic contraction of 1.9 percent this year
Prime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733913/pm-forecasts-economic-contraction-of-1-9-percent-this-year/
ARDB farm loans now total $31M
Farm loan applications to the state-owned Agricultural and Rural Development Bank (ARDB) reached $31 million on Friday. ARDB director-general Kao Thach said applications for government loans have been growing rapidly since the government officially launched a $50 million fund in March. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-farm-loans-now-total-31m
Market demands for salt flower attract producers
Cambodian farmers have begun to collect salt flowers and now becoming a new product gaining popularity in the market both domestically and internationally with a considerable price. ...
AKP
https://www.khmertimeskh.com/50733929/market-demands-for-salt-flower-attract-producers/
Cambodia-Thailand trade hit $3.1 billion in four months
The two-way trade between Cambodia and Thailand hit $3.1 billion in four months of this year, up 18.3 percent year-on-year, the Cambodian Embassy in Thailand said. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733994/cambodia-thailand-trade-hit-3-1-billion-in-four-months/
Population of vultures on the decline, census shows
The Ministry of Environment joined the Wildlife Conservation Society (WCS) on Wednesday to conduct an annual census of vultures in five areas in Stung Treng, Mondulkiri, Ratanakkiri and Preah Vihear provinces. ...
Ry Sochan
https://www.phnompenhpost.com/national/population-vultures-decline-census-shows
CMAC removes landmines used as home decorations
The Cambodian Mine Action Centre (CMAC) and the Banteay Meanchey provincial authorities on Wednesday collected 30 mines and UXOs from a 48-year-old man who used them to decorate his home in O’Chrov district’s O’Beichoan commune. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cmac-removes-landmines-used-home-decorations
EU doles out $500M in economic, job aid
Team Europe – the combined efforts of the EU, its member states and their financial institutions and implementing agencies – is mobilising €443 million ($503 million) in grants and loans to work with Cambodia in fighting Covid-19 and mitigating its socio-economic impacts. ...
Ry Sochan
https://www.phnompenhpost.com/national/eu-doles-out-500m-economic-job-aid
Foreigners to be charged “$3000 deposit” for C-19 quarantine, tests
The government has decided to charge all foreign visitors for lab testing, medical treatment and accommodation under health measures to prevent a second wave of COVID-19 (C-19) transmission in the country. ...
Khuon Narim
https://www.khmertimeskh.com/50732611/foreigners-to-be-charged-for-c-19-quarantine-tests/
Cambodia-U.S. trade volume reaches $2.1 billion in first four months
The trade volume between Cambodia and U.S. has reached $2.1 billion in the first four months of the year which goes up to 29.31 percent compared to the same period of 2019 which was shared by the U.S Trade Bureau. ...
Khmer Times Staff
https://www.khmertimeskh.com/50732492/cambodia-u-s-trade-volume-reaches-2-1-billion-in-first-four-months/
Minister reaffirms the Cambodia prohibits foreign military bases.
Foreign Affairs Minister Prak Sokhonn reaffirmed that the Kingdom strongly prohibits the setting up of any foreign military base within its borders. ...
Khuon Narim
https://www.khmertimeskh.com/50732612/no-foreign-navy-basing-rights-granted/
Most land disputes in Pursat province settled
A majority of land disputes in Pursat province has been resolved through the provincial administration’s intervention efforts, an investigation by human rights group Licadho revealed. Nonetheless, one land dispute remains in need of government intervention. ...
Khan Chan Virak
https://www.khmertimeskh.com/50732616/most-land-disputes-in-pursat-province-settled/
Two people killed, another injured in mine explosions
Two people were killed while another sustained serious injuries in two separate explosions of landmine and unexploded ordnance in Battambang and Kratie provinces. ...
Pech Sotheary
https://www.khmertimeskh.com/50732617/two-people-killed-another-injured-in-mine-explosions/
Germany provides $14.6m technical assistance grant to Cambodia
The government of Germany on Tuesday provided a $14.6 million grant aid to Cambodia to support various social development interventions in the nation. ...
Sen David
https://www.khmertimeskh.com/50732619/germany-provides-14-6m-technical-assistance-grant-to-cambodia/
Ministry pledges to achieve drop in poor landowners
The Ministry of Agriculture has pledged to achieve the goal of reducing poverty among small landholders despite the COVID-19 pandemic. The ministry is aiming to achieve this through the Agriculture Services Programme for Innovation, Resilience and Extension (ASPIRE) project Phase II by 2022. ...
Sorn Sarath
https://www.khmertimeskh.com/50732783/ministry-pledges-to-achieve-drop-in-poor-landowners/
Nearly $70 million investment projects licensed, to create 5,000 jobs
Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $65.6 million. According to the council’s press releases issued recently, the new projects approved are expected to create nearly 5,000 jobs for ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50732891/nearly-70-million-investment-projects-licensed-to-create-5000-jobs/
SME chief complains of excessive red tape
The representative of the Cambodia Food Manufacture Association (CFMA) has requested a reduction in government red tape especially for the small and medium enterprises. ...
Sok Chan
https://www.khmertimeskh.com/50732781/sme-chief-complains-of-excessive-red-tape/
Data-driven analytics to provide vital decisions for flooded roads
As Cambodia’s annual monsoon season starts again this month (usually June to September) large downfalls that flood city streets will bring renewed frustration and delays for commuters travelling to work or for social outings. ...
Harrison White
https://www.khmertimeskh.com/50732272/data-driven-analytics-to-provide-vital-decisions-for-flooded-roads/
Waste management highest priority for city councils
Two years ago, seven Cambodian cities committed to a sustainable city strategic plan to address environmental issues, with waste management being one of the highest -priority issues among most of the cities, according to a Global Green Growth Institute (GGGI) 2019 annual report. ...
Mark Hughes
https://www.khmertimeskh.com/50732271/waste-management-highest-priority-for-city-councils/
Sihanoukville records over $7 billion in construction
Cambodia’s coastal Preah Sihanouk province has attracted construction project investment valued at more than $7 billion over the last four years – most from Chinese nationals – the provincial administration said yesterday. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50732207/sihanoukville-records-over-7-billion-in-construction/
Cambodia ‘easy’ on EU-Vietnam trade deal
Cambodia will not show concern over the impact of the ratification of the European Union (EU)-Vietnam Free-Trade Agreement (EVFTA) which is expected to enter into force on Aug 1, according to senior government officials. ...
Sok Chan
https://www.khmertimeskh.com/50732206/cambodia-easy-on-eu-vietnam-trade-deal/
WB sees Cambodia’s GDP shrinking one percent ahead of six percent rebound in 2021
The World Bank had forecasted that Cambodia’s economy would shrink 1.0 percent this year before rebounding 6.0 percent next year which was released in Washington yesterday. ...
Cambodia requires foreigners to pay for COVID-19 test, quarantine, treatment services
Cambodia has required foreigners to pay for COVID-19 lab test, quarantine and treatment services, Economy and Finance Minister Aun Pornmoniroth said in a letter dated Monday and released to the media on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/50732293/cambodia-requires-foreigners-to-pay-for-covid-19-test-quarantine-treatment-services/
Cambodia-China FTA to be signed by end this year
The third round of negotiations for the free trade agreement between Cambodia and China has completely solved all the remaining issues in the agreement text and approved in principal with regard to market access on goods and services, according to a statement from ministry of ...
Sok Chan
https://www.khmertimeskh.com/50732088/cambodia-china-fta-to-be-signed-by-end-this-year/
USAID provides additional grant to stimulate conservation action
The United States Agency for International Development yesterday announced the provision of an additional grant worth $100,000 to Sansom Mlup Prey Organisation, through the Greening Prey Lang Project. The grant seeks to stimulate conservation efforts which include the promotion of wildlife-friendly farming in communities living ...
Pech Sotheary
https://www.khmertimeskh.com/50732091/usaid-provides-additional-grant-to-stimulate-conservation-action/