News
Reservoir expected to increase agro-production
Preah Vihear authorities have been building a reservoir at a cost of over $100 million to supply water for agricultural rice crops during the dry season. ...
Khuon Narim
https://www.khmertimeskh.com/50727189/reservoir-expected-to-increase-agro-production/
Renewable energy museum, national park planned for Kampot
The government plans to build a Renewable Energy Museum and the Samdech Hun Sen National Park in Kampot to attract more tourists to the province, which is the second coastal area after Preah Sihanouk province. ...
Thou Vireak
https://www.phnompenhpost.com/national/renewable-energy-museum-national-park-planned-kampot
Minister wants team effort to protect forests
Minister of Agriculture, Forestry and Fisheries Veng Sakhon has urged companies that were granted economic land concessions by the government in Koh Kong province to collaborate fully with local authorities in protecting forest land. ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/minister-wants-team-effort-protect-forests
Etiqa Insurance to get foothold in nation
Cambodia’s Ministry of Economy and Finance has granted a business licence to Etiqa Insurance & Takaful, a leading insurance provider in Malaysia, paving the way for the firm to tap into the Kingdom’s nascent insurance market, the company announced. ...
Chhut Bunthoeu
https://www.khmertimeskh.com/50726930/etiqa-insurance-to-get-foothold-in-nation/
Kandal’s 400mW heavy fuel power plant to resume construction next month
Construction on a 400 megawatt (mW) heavy fuel oil power project in Kandal province’s Lvea Em district, which was planned to begin operations in the first part of June, will not be able to move forward as planned. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726931/kandals-400mw-heavy-fuel-power-plant-to-resume-construction-next-month/
Kingdom becoming more self-reliant on vegetables
A senior official at the Ministry of Agriculture has called on more investment in the horticulture and subsidiary crops sector because the demand for vegetables in the country has increased nearly 1,000 tonnes per day. ...
Sok Chan
https://www.khmertimeskh.com/50726932/kingdom-becoming-more-self-reliant-on-vegetables/
Industry leaders continue to call for further economic support
Business advocates are continuing to call on the Cambodian government to further support the local economy during and after the COVID-19 pandemic – through the implementation of collateral-free working loans and new policies to encourage more foreign direct investment in the Kingdom. ...
Harrison White
https://www.khmertimeskh.com/50726929/industry-leaders-continue-to-call-for-further-economic-support/
Municipal court charges two men for land fraud
Phnom Penh Municipal Court on Saturday charged and detained two land brokers accused of defrauding $1.5 million from a real estate businessman living in Phnom Penh over the sale of nearly 200 hectares of land in Kampong Speu province’s Oudong district last year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50726479/municipal-court-charges-two-men-for-land-fraud/
49 nests of endangered turtle species found
Wildlife Conservation Society Cambodia said this year’s nesting season of the critically endangered Cantor’s giant softshell turtles, have increased compared to the past three years. ...
Pech Sotheary
https://www.khmertimeskh.com/50726480/49-nests-of-endangered-turtle-species-found/
E-literacy programme launched for out-of-school youth
Cambodia has launched a so-called Distance Learning of Literacy and Beep Teaching Video to promote literacy among out-of-school youth amidst COVID-19 threat. ...
Khmer Times Staff
https://www.khmertimeskh.com/50726374/e-literacy-programme-launched-for-out-of-school-youth/
Prime Minister reiterates, strenuously for social distancing to be continued
Prime Minister Hun Sen advised the public yet again to stay away from crowded places to prevent the spreading of COVID-19 infection after two new cases have been reported in the Kingdom. ...
Nearly $175 million in new investments flow in but can’t keep pace with increasing unemployment
Five more investment projects worth $174.8 million have been approved, according to a press release of the Council for the Development of Cambodia issued on May 22. ...
Khmer Times Staff
https://www.khmertimeskh.com/50726183/nearly-175-million-in-new-investments-flow-in-but-cant-keep-pace-with-increasing-unemployment/
Nests of endangered Ibis found
Ten nests of White-shouldered Ibis, considered as the most endangered animal, have been found at the northeastern Rattanakiri province. ...
Khmer Times Staff
https://www.khmertimeskh.com/50726189/nests-of-endangered-ibis-found/
Market Capitalisation fell by 22 percent in Q1 2020
The Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019. From January to March in 2020, the Phnom Penh Special Economic Zone (PPSP)’s share ...
Sok Chan
https://www.khmertimeskh.com/50726057/market-capitalisation-fell-by-22-percent-in-q1-2020/
Cambodia spent nearly $1 billion on import pigs and poultries each year
The representatives of the Cambodian Livestock Raisers Association said that if we use the $ 1 billion to raise pigs and poultry locally, we could generate more jobs for the people in the country and they do not need to migrate to work in a ...
Tourism reports 50 percent increase in two weeks
More than 250,000 tourists have visited popular destinations across the country over the last two weeks, an increase of almost 50 percent compared the previous fortnight in late April, according to the Ministry of Tourism. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726122/tourism-reports-50-percent-increase-in-two-weeks/
Khmer Enterprise and SHE Investments to support MSMEs
Khmer Enterprise (KE), an implementation unit of the Entrepreneurship Development Fund established by the Ministry of Economy and Finance (MEF), and SHE Investments, Cambodia’s first and only gender-focused and culturally tailored business incubator and accelerator, have jointly developed the Digital Resource Center for Micro, Small ...
Sok Chan
https://www.khmertimeskh.com/50726358/khmer-enterprise-and-she-investments-to-support-msmes/
MoU inked to promote local bourse
Cambodia Chamber of Commerce (CCC) and Securities and Exchange Commission of Cambodia (SECC) – the country’s securities regulator – signed a memorandum of understanding (MoU) in a move to team up concerning raising awareness, while encouraging firms to join the local stock market. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726581/mou-inked-to-promote-local-bourse/
Listed Chinese firm licensed to build another solar park
The Council for the Development of Cambodia (CDC) granted a business licence to Chinese panel maker Risen Energy (Cambodia) to build a 60 megawatt (mW) solar farm in Battambang province. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726630/listed-chinese-firm-licensed-to-build-another-solar-park/
Two Japanese firms eye agricultural opportunities
NIPPON Express and Xamato Green expressed their interest after seeing a potential investment in Cambodia’s agriculture sector. The plan was disclosed during a meeting last week led by Yamato Green company’s Chairman Nabeshima Katsuhito and Ngin Chhay, the director-general of the General Directorate of Agriculture ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726611/two-japanese-firms-eye-agricultural-opportunities/
Cambodia’s Longan fruit bound for China
Longan is potential for both local market and export to Thailand and the drying facility for the fruit has already been built, said Thou Phea, Deputy Governor of Pailin province. ...
Khmer Times Staff
https://www.khmertimeskh.com/50725910/cambodias-longan-fruit-bound-for-china/
Government massively cuts imports of live pigs
The government has reduced the import of live pigs from neighbouring countries by up to 70 percent to support local farmers to increase their production, according to a senior official of the General Directorate of Animal Health and Production. ...
Sok Chan
https://www.khmertimeskh.com/50725748/government-massively-cuts-imports-of-live-pigs/
Construction for Pursat’s power projects on track
Two power projects, solar and hydro-power plants, are well underway for the construction in Pursat province – a western part of the country sharing its border with Thailand. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50725772/construction-for-pursats-power-projects-on-track/
13th ASEM Summit in Cambodia to continue as planned
The 13th Asia-Europe Summit (ASEM13) will be held in Cambodia as scheduled, said Luy David, Secretary of State for Foreign Affairs and International Cooperation and Head of the ASEM13 National Secretariat. ...
Khmer Times Staff
https://www.khmertimeskh.com/50725907/13th-asem-summit-in-cambodia-to-continue-as-planned/