News
GMAC, other textile associations mount pressure on brands to pay suppliers
Nine business associations in the STAR (Sustainable Textile of Asian Region) Network are calling on buyers to honour their contracts with their suppliers. ...
Khmer Times Staff
https://www.khmertimeskh.com/50713331/gmac-other-textile-associations-mount-pressure-on-brands-to-pay-suppliers/
Price of exported rice doubles
The price of fragrant rice exports to international markets has doubled in the last month, from $50 to $100 per matrix ton, according to the Cambodia Rice Federation (CRF). ...
Chea Vannak
https://www.khmertimeskh.com/50713246/price-of-exported-rice-doubles/
CSX: Four more companies to list bonds and equity
Three financial institutions and one privately owned company are expected to list their corporate bonds and equity on the Cambodia Securities Exchange (CSX) by the end of April and early May respectively. ...
Sok Chan
https://www.khmertimeskh.com/50713247/csx-four-more-companies-to-list-bonds-and-equity/
‘No plan’ to reduce electricity bills nationwide
Despite the reduction of electricity tariffs for factory workers suspended due to the COVID-19 pandemic, the Electricity Authority of Cambodia (EAC), the autonomous government agency responsible for managing and administering electric power in the country, has said that “a general plan for electricity bill reduction ...
Chea Vannak
https://www.khmertimeskh.com/50713248/no-plan-to-reduce-electricity-bills-nationwide/
Exports soar 24% in first two months
Cambodian exports soared 24 per cent year-on-year to $2.563 billion in the first two months of this year, despite the reverberating local and global effects of the Covid-19 pandemic. ...
Thou Vireak
https://www.phnompenhpost.com/business/exports-soar-24-first-two-months
Silvered langur endangered, but plentiful in Kingdom
Some 3,000 Indochinese silvered langurs – monkeys native to Southeast Asia and considered endangered by the International Union for Conservation of Nature (IUCN) – are believed to be living in the eastern part of Cambodia. ...
Voun Dara
https://www.phnompenhpost.com/national/silvered-langur-endangered-plentiful-kingdom
CDC okays 15 more projects this month
The Council for the Development of Cambodia (CDC) has issued final registration certificates to 15 investment projects since April 2 worth a total of $225.5 million and which are expected to generate 7,620 jobs. ...
Thou Vireak
https://www.phnompenhpost.com/business/cdc-okays-15-more-projects-month
Logging is rampant at Prey Lang, report says
Denmark’s University of Copenhagen has drawn Prey Lang stakeholders’ attention to recently published data which shows increased illegal logging within the Prey Lang Wildlife Sanctuary. ...
Ry Sochan
https://www.phnompenhpost.com/national/logging-rampant-prey-lang-report-says
Ministry: Take private schools, exams online
Minister of Education, Youth and Sport Hang Chuon Naron on Monday advised private academic institutions to adopt online teaching to provide students with the opportunity to continue their studies. For students in grades nine and 12 who have to take examinations, the ministry will allow ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-take-private-schools-exams-online
World Bank: Real-estate boom could backfire on economy
The World Bank has warned that the significant growth recorded in the construction and real-estate sector, considered one of the country’s economic pillars, could ultimately affect overall growth due to a trinity of unanticipated and now negative factors. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50712701/world-bank-real-estate-boom-could-backfire-on-economy/
90 percent of garment workers turn up for duty on New Year’s Day
The Labour Ministry said more than 90 percent of garment factory workers reported for work on the first day of Khmer New Year yesterday. ...
Sen David
https://www.khmertimeskh.com/50712802/90-percent-of-garment-workers-turn-up-for-duty-on-new-years-day/
Senate begins discussing State of Emergency draft law
The Senate’s permanent committee today is handing over the draft law on “State of Emergency” to its expert commission for study before its upcoming plenary session. ...
Ben Sokhean
https://www.khmertimeskh.com/50712641/senate-begins-discussing-state-of-emergency-draft-law/
$23.5 million in new investment projects licensed
The Council for Development of Cambodia (CDC) has given the green light to six new investment projects with a total investment capital of $23.5 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/50712885/23-5-million-in-new-investment-projects-licensed/
Nation’s banks adopt NBC’s COVID-19 crisis measures
As COVID-19 continues to carve out a path of economic destruction in the Kingdom, several financial institutions are considering re-classifying their loan-repayment structures to help relieve customers in fiscal trouble, in line with recent guidelines released by the National Bank of Cambodia. ...
Sok Chan
https://www.khmertimeskh.com/50712853/nations-banks-adopt-nbcs-covid-19-crisis-measures/
Endangered river terns spotted in Kratie and Stung Treng
The wild animal conservation team has spotted rare river terns in the flooded areas of Kratie and Stung Treng provinces. ...
Khmer Times Staff
https://www.khmertimeskh.com/711898/endangered-river-terns-spotted-in-kratie-and-stung-treng/
Gov’t call for urgent action on food security
Agriculture Minister Veng Sakhon has ordered all agriculture departments to take immediate measures to ensure the food security of the country in response to the the outbreak of COVID-19. ...
Sok Chan
https://www.khmertimeskh.com/50712467/govt-call-for-urgent-action-on-food-security/
The CDC approves investment projects worth $13.9 Million
The Council for the Development of Cambodia (CDC) has approved four investment projects with a combined capital investment valued at $13.9 million and expected to create 3,315 jobs. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/711874/the-cdc-approves-investment-projects-worth-13-9-million/
Campu Bank donates 10,000 surgical masks 31,500 pairs of plastic gloves to Khmer-Soviet Friendship Hospital
As a corporate social responsible citizen, the Bank had on 10 April 2020, donated 10,000 surgical masks and 31,500 pairs of plastic gloves to the Khmer-Soviet Friendship Hospital which is appointed by the government to conduct screening test and treatment for COVID-19. ...
Khmer Times Staff
https://www.khmertimeskh.com/50712363/campu-bank-donates-10000-surgical-masks-31500-pairs-of-plastic-gloves-to-khmer-soviet-friendship-hospital/
Cambodia receives seven tons of medical supplies from China
Cambodia received seven tons of medical and preventive supplies from China in a bid for the fight of coronavirus disease in the Kingdom. ...
Khmer Times Staff
https://www.khmertimeskh.com/711827/cambodia-receives-seven-tons-of-medical-supplies-from-china/
ICRC races to prevent virus transmission in prisons
The International Committee of the Red Cross in Phnom Penh on Friday donated 20 tonnes of health care, hygiene and sanitation supplies to the Directorate General Prison at the Correctional Centre 1. The humanitarian aid aims to assist the General Department of Prisons in preventing ...
Som Kanika
https://www.khmertimeskh.com/50712382/icrc-races-to-prevent-virus-transmission-in-prisons/
Success reported in second round of Cambodia-China free-trade agreement
A senior official of the Ministry of Commerce said negotiations on the free-trade agreement (FTA) between Cambodia and China have achieved about 70 percent success so far and they are expected to sign the agreement by the end of the year. ...
Kingdom casts it export net wider to mitigate exit of major US and EU markets
Due to COVID-19’s devastating economic effect causing the collapse of Cambodia’s two major export markets, the United States and the European Union, representing about 75 percent of total market share, is forcing a refocus on expanding the Kingdom’s highly concentrated export market. ...
Harrison White
https://www.khmertimeskh.com/50712402/kingdom-casts-it-export-net-wider-to-mitigate-exit-of-major-us-and-eu-markets/
Second round of China FTA talks close
The second round of negotiations for a Cambodia-China Free Trade Agreement highlighted the potential for expanding trade, investment, services, and strengthening cooperation between the two countries in the upcoming years, Ministry of Commerce secretary of state Sok Sopheak said in a press release on Friday. ...
Thou Vireak
https://www.phnompenhpost.com/business/second-round-china-fta-talks-close
Exports to Japan reach $296M
Cambodia exported $296 million of goods to Japan in the first two months of this year, up 2.4 per cent compared to the same period last year, data from the Japan External Trade Organisation (Jetro) shows. Both countries committed to boosting bilateral trade to more ...
May Kunmakara
https://www.phnompenhpost.com/business/exports-japan-reach-296m