News
Gov’t offers tax exemption
The government has issued a three-month minimum tax exemption for the aviation sector and an exemption on all types of monthly taxes for tourism operators, it said in a press release on Tuesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-offers-tax-exemption
Contract farming law in the pipeline
The Cambodian Government has put the wheels in motion to create a contract farming law together with the purpose of stabilising agricultural commodity prices. It is also aimed at attracting investors and promoting public, private and producer partnerships in the Kingdom. ...
Sok Chan
https://www.khmertimeskh.com/50708026/contract-farming-law-in-the-pipeline/
Sun still shines brightly on nation’s solar plans
Despite the COVID-19 pandemic effectively pressing the pause button on many upcoming construction projects in the country, four major solar projects are still on schedule and expected to start generating power to the grid by the end of 2020. ...
Chea Vannak
https://www.khmertimeskh.com/50708027/sun-still-shines-brightly-on-nations-solar-plans/
Vietnam invests $9.5 million in Cambodia
Cambodia was recorded as the third largest recipient of Vietnamese investment during the first quarter of this year, according to a report released by the Foreign Investment Agency under the Ministry of Planning and Investment in Vietnam. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50708029/vietnam-invests-9-5-million-in-cambodia/
World Bank advises urgent measures to avoid serious financial shock and recession
The World Bank has released several urgent recommendations to Cambodia and other countries in the East Asia Pacific, stating governments need to act quickly, cooperatively and at scale to avoid serious financial shock and recession due to the COVID-19 outbreak. ...
GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects
Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...
Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/
Migrants blamed for poaching in Battambang
Forest rangers from the Battambang provincial Department of Environment have stepped up patrols in light of the increase in wildlife crimes. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/migrants-blamed-poaching-battambang
State of emergency law is imminent
The government said today the state of emergency draft law will be forwarded directly to the National Assembly without the need of the Council of Ministers to approve amid COVID-19 outbreak. ...
Ben Sokhean
https://www.khmertimeskh.com/50708017/state-of-emergency-law-is-imminent/
Healthy meals on the way for rural students in Kingdom
The Korea International Cooperation Agency (Koica) will provide $10 million to the Ministry of Education to implement a five-year Home Grown School Feeding project, which will benefit approximately 65,000 students and about 750 farming families. ...
Ry Sochan
https://www.phnompenhpost.com/national/healthy-meals-way-rural-students-kingdom
Golden Dragon drills end in triumph
China and Cambodia yesterday ended their largest-ever joint military exercise “Golden Dragon 2020” held for 15 days in Kampot province’s Chum Kiri district. ...
Sun Mesa
https://www.khmertimeskh.com/50708147/golden-dragon-drills-end-in-triumph/
Tourism potential in Kampong Thom
A team of officials at the Kampong Thom provincial Forestry Administration have begun studying the ecotourism potential at the Prey Kbal Bei Community Forest in Ti Pou commune’s Kbal Bei village in Santuk district. ...
Voun Dara
https://www.phnompenhpost.com/national/tourism-potential-kampong-thom
Foreign citizens told to schedule commercial flights home
Two embassies are urging foreign nationals to leave the Kingdom via commercial flights amid COVID-19 fears, prompting Australians and others grounded here to express frustration against their government on social media. ...
Khuon Narim
https://www.khmertimeskh.com/50708189/foreign-citizens-told-to-schedule-commercial-flights-home/
Smart Axiata announces $1 million COVID-19 relief fund, invites more
Cambodia’s telecommunications provider Smart Axiata yesterday announced a $1 million COVID-19 Relief Fund in a demonstration of support as the Kingdom deals with the Coronavirus pandemic. ...
Yeshi Dema
https://www.khmertimeskh.com/50707629/smart-axiata-announces-1-million-covid-19-relief-fund-invites-more/
Cambodia Post earns $11 million in 2019
State-run Cambodia Post generated revenues of total $11 million in 2019, according to the Ministry of Posts and Telecommunication (MPT). This represents a drop on the $13.81 million revenue total in 2018. ...
Chea Vannak
https://www.khmertimeskh.com/50707623/cambodia-post-earns-11-million-in-2019/
Tourism hit in coronavirus fight
According to the Tourism Ministry, tourism declined 52 percent earlier this year.The government in February responded by offering promotional Angkor Archaeological Park fare tickets. ...
Marie Lamy and Va Sonyka
https://www.khmertimeskh.com/50707708/tourism-hit-in-coronavirus-fight/
Prestige Hospital promises new era of medical care in Cambodia
A new player joined the Kingdom’s hospital market yesterday in a bid to boost confidence in the country’s medical capabilities and change the mindset of Cambodians who prefer to go overseas when seeking medical checkups and treatment. ...
Taing Rinith
https://www.khmertimeskh.com/50707760/prestige-hospital-promises-new-era-of-medical-care-in-cambodia/
PM Hun Sen directs Government to purchase 5.2 million face masks for nationwide distribution
Prime Minister Hun Sen has ordered the purchase of 5.2 million face masks to distribute to Cambodian people and doctors nationwide. ...
Khmer Times Staff
https://www.khmertimeskh.com/50707896/pm-hun-sen-directs-government-to-purchase-5-2-million-face-masks-for-nationwide-distribution/
PM orders suspension of white rice, paddy exports
Prime Minister Hun Sen on Monday ordered the suspension of white rice and paddy exports from Cambodia from 11:59pm on April 5, on the grounds of securing domestic supplies while Covid-19 is continuing to spread in Cambodia. ...
Hin Pisei
https://www.phnompenhpost.com/national/pm-orders-suspension-white-rice-paddy-exports
Cash infusion set for financial sector
The government will disburse between $500 and $600 million in low-interest loans to financial institutions to enable them to provide loans to businesses at lower interest rates. ...
May Kunmakara
https://www.phnompenhpost.com/business/cash-infusion-set-financial-sector
Banana exports booming despite pandemic
Cambodia exported 72,182 tonnes of fresh yellow bananas to international markets during the first three months of this year, a Ministry of Agriculture, Forestry and Fisheries report said. Most of the bananas were exported to China, with the rest being shipped to Vietnam and Japan. ...
Thou Vireak
https://www.phnompenhpost.com/business/banana-exports-booming-despite-pandemic
Malaysian firm to build substation
Malaysian-based electrical power technology company Pestech International Bhd inked a contract to construct the $7.34 million 230/11kV Okvau Transmission Substation, leading Malaysian business publisher The Edge Media Group Pte Ltd reported on Thursday. ...
Thou Vireak
https://www.phnompenhpost.com/business/malaysian-firm-build-substation
Minister reiterates no more power shortage during the dry season
The Ministry of Mines and Energy has reiterated there will be no more power shortages during the dry season this year. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50707162/minister-reiterates-no-more-power-shortage-during-the-dry-season/
De-dollarisation is ultimate goal of the Royal Government
A question and answer session with Deputy Prime Minister and Minister of Economy and Finance Dr Aun Pornmoniroth in conjunction with the 40th anniversary celebrations of the reintroduction of the riel. ...
Trade across Cambodia-Vietnam border remains stable amid COVID-19 outbreak
Trade activities across the Vietnam- Cambodia border have been maintained despite the halt of entry and exit of citizens and tourists as a measure to curb the spread of the acute respiratory disease caused by the coronavirus SARS-CoV-2 (COVID-19). ...
Khmer Times Staff
https://www.khmertimeskh.com/50707441/trade-across-cambodia-vietnam-border-remains-stable-amid-covid-19-outbreak/